This is an attempt to create a leading indicator for BankNifty movement. Here I combine Banknifty stocks and indices to create a Tick chart. A Tick Chart - By definition, a Tick Chart tracks movement of the underlying stocks. A positive move is counted as +1 and negative move is counted as -1. Total for the underlying stocks is shown as tick chart. BUT - Some...
This is a simple script to highlight market sessions. It highlights Sydney, Tokyo, London, and New York sessions with transparent background colors. You are able to change session times, color, and transparency.
INTRODUCTION This indicator is to give BUY/SELL signal based on price action. There are 2 types of BUY/SELL Signals Fast Turtle Buy/Sell Slow Turtle Buy/Sell FAST TURTLE Signal > Fast Turtle is based on 2 Bars High and 2 Bars Low setup > Buy/Sell signal appears at the top of the chart. SLOW TURTLE Signal > Slow Turtle is based on 20 Bars High and...
Here I'm proposing an indicator to measure market extremities, it is different than usually used STDv function and has a much simpler underlying mechanism. However, what you will compromise by it is that it is not going to work efficiently like STDv and you will need to use some form of trend and momentum indicators along with it. Not efficiently doesn't mean not...
Description I use this script a lot to know the trend of a stock, cryptocurrency, forex. This script is based on an EMA study. Which tells us the trend of a stock. How to use You can see the trend of a stock if it goes up it says buy and if it goes down it says sell. It is recommended that you put it with the heinki ashi table. It can help you much more. How to...
Descripcion: The 10/20 MA Strategy is the best I know. It's easy, it's elegant, it's effective. It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...
This indicator used for detect banker/institutional and retailer Green is locked chips (Retailer) Yellow is floating chips (Hot money) Red is profitable chips (Banker/Institutional) With 10 days Banker moving average in purple line When the Purple line hit the Red bar it mean Banker is starting the upside trend should buy But if the Purple line is above the Red...
experimental: zigzag indicator with all the zigzag methods that im aware of(that matter atleast), theres something for all tastes there :P this will be the basis for zigzag tools i make in the future. note: some zigzags REPAINT.
A simple script that plots a SMA of "length" periods, plus and minus "Delta %" of SMA value. Many Stocks shows a pattern off bulixh/bearish correction based on a % instead of any numbes of Standard Deviations, like Bollinger Bands do. Default values: length = 21 Delta% = 25 Un script simple que permite graficar una SMA de "length" períodos, +- "Delta%", un...
Hello All, This is "Grab Trading System" script defined in the book "Trend Following" by Michael W. Covel. also named as "Two-box system". I made small changes and I guess that it can be improved more. The definition: Far box defines major trend; system trades only in same direction as major trend, meanwhile fading the signals of near box. Last trade in each...
The "BB 1.0" strategy is to buy in the upper band and sell in the lower band. The logic behind the "BB 1.0" strategy is to enter an operation that has room to develop.
---- INTRODUCTION ---- This indicator is to measure the strength of BULL and BEAR. The formulars are based on Price Change and Volume for period of time. On top of that, Overbought (OB) and Oversold (OS) signal is included which is based on stochastic calculation. FiFT is come with BoD signal which indicating Potential Buy on Dip setup. FiFT Pro is further...
Easy to use ORB(Opening Range Breakout).. Multiple Time frame (15minute,30minute,60minute ) and special strategy 12 PM 15min ORB... Opening Range depend upon time frame market makes own high and low.. Whenever price breaks high of Opening Range make long position and simultaneously whenever price breaks low of Opening Range make short position..
Retail Slayer Strategy Intended Markets: Forex, Indices, Cryptocurrencies, and metals (Gold, Silver) Timeframe Use: 15 minutes only Trailing Stop: 35-pips for Forex The purpose of this strategy is to answer the question many retail traders have: Why does it feel like trades go against me immediately after placing a buy/sell? This strategy puts you into the...
This script is based on free-float market data of constituent stocks of Index and has been calibrated for Bank-Nifty considering its volatility . Entry and exits are Plotted on the basis of Price action structures combined with the stock data and can be used as a standalone setup or a trigger system with any exiting strategy based on the user's risk...
Hello All, This the script for Moving Average Convergence Divergence – MACD of Thomas Aspray, and called as MACD-AS and you may get earlier signals than MACD. As MACD and MACD-AS are trend following indicators, they do not function well in sideway markets. An example how it gets earlier signals than MACD Good luck!
(1) What is Percentage of Stocks above Moving Average? Percentage of Stocks above Moving Average is a breadth indicator and could be used for both trend-followers and contrarians. a) Trend-Follow If 50%-70% of Stocks are above their 200MA, bullish momentum is forming and rally could last for next several weeks, months. (Confirmation) b) Contrarian If...