█ OVERALL This indicator was specifically created for the Walsh Wealth Group. In short it is a fusion of some of the most basic and widely used indicators to show overbought patterns and trend reversals. Its best usage is with LTF scalping and agressive profit taking but can also be used to find HTF dips and buy-zones. █ FEATURES Buy Signal (Buy): Printed...
Hello, I wrote this script to merge the two scripts I shared before. The aim here is to see the real value of the state of the capital as a result of leveraged transactions and to combine both long and short directions. Scripts : MACD Long 50x Leverage Strategy : MACD Short 50x Leverage Strategy : The parameters have not changed so they are the same...
This script indicates when the current Relative Strength Index of the last 8 closes is beyond a level from center oscillation which signals the equity is likely to reverse course. When it is the lowest RSI reading of the prior 3 readings and below 25, a green vertical bar will appear signaling a potential BUY point. Likewise, the highest reading of the prior 3 RSI...
The disparity index measures the relative position of an asset's most recent closing price to a selected moving average and reports the value as a percentage. A value greater than zero—a positive percentage—shows that the price is rising, suggesting that the asset is gaining upward momentum. Conversely, a value less than zero—a negative percentage—can be...
The rule is simple. When MACD crosses up, it is supposed to give a buy signal. However, before entering into a Long position, there is a need for a confirmation. This confirmation can be from a down trendline breakout or from another indicator. In this case, I've chosen the Exponential Moving Average Cross to be as the confirmation. The Buy Signal will...
Strategy based on Logarithmic MACD.
Description: This is a preprocessed and standardized version of RSI indicator. You can replace RSI with any other indicator of your choice. Use this code as a framework for your ideas. Time Threshold parameter is useful in handling a repainting issue. By setting it to higher values you can effectively eliminate repainting! Cumulative Return, Win/Loss and Win Rate...
Send MACD alert through email (available for free/pro user): // 3 - buy // -2 - short // 0 - close position // 1 - ignore Example buy signal Alert: STRAT3. BINANCE:BTCUSDTPERP, price = 31080 Example sell signal Alert: STRAT-2. BINANCE:BTCUSDTPERP, price = 31080 Example close signal Alert: STRAT0. BINANCE:BTCUSDTPERP, price = 31080 Example ignore signal Alert:...
This is an indicator based on the MA rainbow concept. It is possible to choose between 15 or 20 MA's and if all 15 MA's is picked, the calculation will be calculated on 15 MA's and if 20 is picked the calculation is calculated on 20 MA's. The indicator will then be a line which is assigned a value from the calculation based on the MA's. If the line is above the...
This strategy uses the RSI on MACD indicator. BUY ==== When RSI indicator crossing over 30 or 35 line and price above slow ema Note: when the position already taken, you may reenter on the purple candle Partial Exit ========== Partial profit taking option is available in settings. If this is selected , 1/3 position exited when RSI indicator crossing...
█ OVERVIEW This is my personal interpretation of the classic MACD Indicator. I am using the MACD as part of my analysis, and often I was wondering when I can expect the next signal (e.g. a Histogram cross). As I had come across some EMA forecast logics on tradingview, my goal was to use the EMA forecast calculation as basis to come to a complete MACD forecast....
This is a strategy utilizing multiple of Evergets RMI (thanks to him for permission to publish) and a Chance Momentum. It buys when 4 of the RMIs are below their thresholds and sells when they are above. There is a 5th one I added last night that works in Reverse - buy when its above and sell when below, which should work better for pyramiding strats by using it...
OBV with William C. Garrett's Approximation In the classical OBV (On-Balance Volume) indicator, it simply takes the idea from traditional tape reading - treat the "up tick" as Buy, "down tick" as Sell, and it assumes no change in price as neutral* (*which is not the case in tape reading). When it comes to interpret the daily volume as such, errors will add up...
This is a strange experimental strategy WIP that I decided to upload an early version to share some of what I am working on. Just one script of a few. It combines Chande Momentum with RMI and some weird ones I am experimenting with - Triple Hull MA RSI, Double Exponential + Volume Weighted RSI, Triple Exponential RSI. And to top it off, a final oscillator that...
this specific Moving Average Divergence Convergence Seasons Indicator is made by Dr Ken Long Tortoise Capital brings a unique way of the flow of the market, the 4 seasons are used to describe the areas of the MACD so for example when the area is below zero and hasn't crossed the EMA 5 we call that winter which is very bear bias, once you get support in winter and...
Average daily return over the period 2-12 months ago minus the average daily return over the period 1-5 years ago => a higher return 2-12 months ago indicates a higher return in coming months according to research, because of the momentum risk factor premium => a higher return 1-5 years ago indicates a lower return in coming months according to research, because...