This is a good reminder for which way you should be placing orders. It's best to not ignore these signals!!! lime = full bull - 100ema above 200ema and price is above 200ema green = hallf bull - price now below 200ema but 100ema is still above the 200 maroon = full bear - opposite of full bull red = half bear - opposite of half bull Also with multi...
Contains RSI; EMA of RSI; EMA of EMA of RSI; Stochastic Oscillator; 2 Inverse Fisher Transforms on RSI - IFRSI89 and IFRSI233 XOVER on higher timeframes from oversold/overbought is useful signal; RSI Trend/Divergence Candles with color variation based on multiple RSI length detection of trend decay; Chart candle overlay coloring based on RSI, eRSI, and eeRSI EMA55...
This is version 2 of my Forex Master algorithm originally posted here: BACKTEST CONDITIONS: Initial equity = $100,000 (no leverage) Order size = 100% of equity Pyramiding = disabled TRADING RULES: Long entry = EMA5(RSI20) cross> 50 Profit limit = 50 pips Stop loss = 50 pips Short entry = EMA5(RSI20) cross< 50 Profit limit = 50 pips Stop loss =...
This is a modification of MOVINGAVG CROSS with different inputs of bar lengths that work with a great average percentage with not much drawdown. I ran the strategy tester with GBPUSD on 1 hour time frame.
Function describing Exponential Moving Average.
first version not right. error is corrected, was unable to delete first version. Version 2 this version works right
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. The Hull Moving Average solves the dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. (hoping in...
Hello Traders and coders, Here is a fundamental version of a moving average cross trading strategy that works on 1H and 4H timeframes. It's very simple and would be well paired with proper technical analysis and risk management. I am looking to use this to alert me of potential setups. I could not get the alertcondition function to work properly. If anyone can...
Average Price Movement inidcator displays the high/low for the period over time. On top of that an 8 period exponential moving avergae is attached to get average movement over time. It provides, for eg. on a Daily chart, gives a day range and this can be used to book profits or place stop loss. It is very simple indicator to provide price range over time.
Double ema rsi, oscillator to discern directional bias.
EXPERIMENTAL: Double EMA RSI Strategy. Optional: N max orders per day, %equity trade size, Time session constraints, TP, SL, Trailing.
This is a simple swing trading algorithm that uses a fast RSI-EMA to trigger buy/cover signals and a slow RSI-EMA to trigger sell/short signals for SPY, an xchange-traded fund for the S&P 500. The idea behind this strategy follows the premise that most profitable momentum trades usually occur during periods when price is trending up or down. Periods of flat price...
ATTENTION: This is a symmetrical algorithm designed only for trading EUR/USD on the 1h time frame. For other currency pairs and time frames, you need to re-calibrate the RSI-EMAs as well as the profit targets and stop losses. BACKTEST CONDITIONS: Initial equity = $100,000 (no leverage) Order size = 100% of equity Pyramiding = disabled TRADING RULES: Long...
Uses a 1 period zero lag EMA for the fast line, SMA for slow line. Shows intersection candles in lime for positive crosses, orange for negative crosses.