This strategy uses the RSI on MACD indicator.
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 profit taking option is available in settings. If this is selected , 1/3 position exited when RSI indicator crossing...
After I published Short Selling strategy with RSIofUO , I have been working for Long side strategy with same indicator.
but for Long strategy , I have used only the Ultimate Oscillator ... (Not the RSI of UO)
Logic behind this is , when UO goes below oversold level , high chance of possible reversal from there ...
Ultimate Oscialltor values , I have used are...
This strategy inputs the vwap as source to RSI indicator.
When RSIofVwap crossover 70 and price is above ema200
when RSIofVwap reaches 90 level take a portion of profit
When RSIofVwap crossdown 30
defaulated to 5%
Defaulted to 10%. Based on this startegy calcuclates hiw many units can be purchased...
Many have requested me for indicator version with alerts for the RSI Divergence strategy. Here is the one ...
Please note alert triggers in delay by number of bars defined in the settings. (same as strategy) ...
Bar color also changes when alert triggers ...
Yellow Bar shows BUY
Purple Bar shows EXIT ( Exit the Long position ... NO SHORTing )
Golden Triangle strategy setup is a variation of the buy-the-dip strategy, by Charlotte Hudgin.
You can find the detailed explanation here by Thomas N. Bulkowski thepatternsite.com
1. price should be trading above sma50
2. when it touches sma50 first time , check the starting rallypoint of where it initiated
3. from the above...
This is SHORT selling strategy with Ultimate Oscillator. Instead of drectly using the UO oscillator , I have used RSI on UO (as I did in my previous strategies )
Ultimator Oscillator settings are 5, 10 and 15
RSI of UO setting is 5
I have used moving averages from WilliamAlligator indicator --- settings are 10(Lips), 20(teeth) and 50...
This strategy combines VWAP and BB indicators
1. EMA50 > EMA 200
2. if current close > vwap session value
3. check if price dipped BB lower band for any of last 10 candles
1. price closes above BB upper band
STOP LOSS EXIT
1. As configured --- default is set to 5%
warning: for the use of educational purposes only
I have been checking the strategies on ADX indicator.
I have found that +DI crossing above ADX line under threshold 30 and exit on crossdown when ADX above 30 has better results than just following crossovers of +DI and -DI , ADX crossing above 30 .
fast ema is above slow ema (default 13 and 55 , you can change these values...
This strategy BUYS when HMA is below EMA (default setting is 200) and HMA turning to green and RSI 13 is below 70
Adds to existing position when current price is below BUY price and RSI crossing above 30 or 40
Exits the long position when HMA crosses down EMA
when you select Take Profit setting , partial profits are taken when current price > BUY...
This strategy is similar to RSI V pattern strategy, but it looks for W pattern in RSI chart.
1. ema20 is above ema50
2. RSI5 crossing up 30 from oversold area
3. and RSI5 must be below overbought area (default value set to 65)
Add to existing Position
1. You can add on the next W pattern OR
2. if RSI5 is crossing up from below 20
This strategy follows the trend when price is above VWMA indicator. I have modified entry and exit rules to get most out of it.
Instead of entering LONG when price crosses above VWMA, I have used RSI(14) of VWMA . that way it skips the false signals. (some extent)
1. VWMA setting is 33
2. When RSIofVwma is above 30 enter Long ( and ...
This strategy uses BB of VWAP and Pivot point to enter and exit the Long position.
BB length 50
BB Source VWAP
When VWAP crossing up BB midline and price/close is above weekly PivotPoint ( you can also use Daily pivot point )
When VWAP is crossing down BB lower band
Stop loss defaulted to 5%
Note : Long will...
This is SHORT selling version of RSIofVWAP strategy. Settings and Logic are totally different from LONG side version , hence I am publishing it as a new strategy.
VWAP of RSI Length 15
Slow EMA Length 200
Short entry level 25
Cover short level 70
stop loss 5
condition1 : When RSIofVWAP crossdown below...
This is simple strategy based on Aroon Oscillator. I have found that using length 144 or 169 on hourly chart shows excellent results.
Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs)
Aroon Oscillator setting : 169 ( ...
This is variation of RSI Divergence strategy.
I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI
short term RSI period 5
long term RSI period 50
stopLoss is 8% --- if setting is enabled
RSI 50 is above 50 line
This strategy based on RSI for swing trading or short term trading
1. ema20 is above ema50 --- candles are colored green on the chart
2. RSI value sharply coming up
previous candle1 low is previous candle2 low and previous candle1 RSI value is less than previous candle2
current candle RSI value is greater...
This strategy is back test for EMA_cumulativeVolume_crossover
When ema50 crossover cumulative volume of 100 period
When ema50 cross down cumulative volume of 100 period
for the partial profit I have used stopLoss value , but up side. When price is above partial profit and crossing down EMA 50 , exit 1/3 position
Please note when you...