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Oscillators

RSI V Pattern strategyThis strategy based on RSI for swing trading or short term trading Strategy Rules ============= LONG 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 than previous candle1 and crossing above 30 above which makes a V shape on RSI indicator, colored in yellow on the chart , price bar is colored in yellow 3. Enter Long when the above V pattern occurs EXIT LONG 1. when the RSI reaches 70 , close half position and move stop loss to up 2. when RSI reaches high value 90, close 3/4 position 3. when RSI crossing below 10 OR stopLoss hit , whichever happens first , close whole position Note : take profit levels are colored in blue on RSI and Price candles I have tested SPY , QQQ on daily chart , performance results are with 80% win rate and more than 3 profit factor Happy Trading
Pine Script™ strategy
by mohanee
6
Fibonacci + RSI - StrategyStrategy: Fibonacci + RSI: - Intraday trading strategy (Scalping). Time Frames Tested with best Results: 30 Minutes. 5 Minutes. 15 Minutes. 1 Minute Indicators Used: RSI (30 / 70) Fibonacci (1 - 0.784) How it Works: Once the Price Hits the 1 or -1 Fibonacci Level and bounces a little bit, It checks the RSI if Over Bought or Over Sold According to 30 - 70. If both conditions are satisfied, it triggers a Long or Short Positions. Further Notes: - I have put a Stop-loss with a 2% just for further upgrades. - Not advised to use in High Volatility Markets. - No Repaint was observed during a 2-Weeks Tests. If you have any suggestions or modifications please contact to add. If you have observed any bad behavior please contact to fix. Trade wisely.
Pine Script™ strategy
by MohamedYAbdelaziz
67
KD compare strategy (交易策略對照組)This is a base and easy trading strategy for comparing my other strategy. The strategy consider K >= 80 is strong target in the last high period, and consider K <=20 is the weak target in the last low period. In the strong target, the strategy may increase long at the first day when K < 50, until 2/3 max order limitation or strong target become to weak. In the weak target, the strategy may increase short at the first day when K > 50, until 2/3 max order limitation or strong target become to strong. there are three orders for this strategy. when the strong become to weak, it may use the remain 1/3 to save itself, and change the direction at the next k > 50 when the weak become to weak, it may use the remain 1/3 to save itself, and change the direction at the next k < 50 這是一個簡單的雙向交易策略，用來對照我其他的策略。 當 K>=80 它會認為目前是強勢股，偏多操作 當 K<=20 它會認為目前是強勢股，偏空操作 當標的為強勢股時，當第一次 K<50 會加碼多單，最多買進2/3的持股，直到轉弱 當標的為弱勢股時，當第一次 K>50 會加碼空單，最多買進2/3的持股，直到轉強 當強勢轉弱勢時，會使用剩下的1/3來拯救持股，在下次 k > 50 出清持股 當弱勢轉強勢時，會使用剩下的1/3來拯救持股，在下次 k < 50 出清持股
Pine Script™ strategy
by Tonyder
Strategy Tester EMA-SMA-RSI-MACDOn Tradingview I never saw a custom adjustable strategy script yet, so this is it, you can change different things and see if you'll get a good strategy or not Settings: First choose the source, you can choose out of: close, open, high, low, ohlc4, hlc3, hl2 Then choose you strategy: Long & Short, Long only or Short only Next, choose your entry "Buy/Long" (which is the "close Short position" when "Short"): - (E)MA 1 > (E)MA 2 (Each can be made ema or sma) - close above (E)MA 1 - RSI strategy - macd > signal - macd > 0 - signal > 0 Then choose your RSI values if needed (for example you want a trigger when EMA 1 > SMA 2 but only if RSI > 60, then change "IF RSI >" from 0 to 60 Next you can choose an extra argument and even a second argument with Higher Time Frame settings Under this you can change your (E)MA values as desired (HTF values, MACD and RSI length can be found lower) All the same with the exit/close (or if "Short", this is your entry) Again, change everything as you wish Then comes the RSI length setting, MACD settings and HTF settings, followed by SL/TP settings (you also can enable/disable SL/TP), and TIME settings (for example you want to know the profit only from this year) Alerts are provided in next script Have fun!
Pine Script™ strategy
by fikira
40
OathOath consists of 21 and 55 EMA , Commodity Channel Index and Supertrend indicator. It confirms a trend and gives you a signal on a pullback. Original creation worked on 1h EURUSD chart. Oath is merely a rebrand of my previous Patient Trendfollower strategy. Unlike Patient Trendfollower, Oath has actually a good name and it does not fill your screen with noodles. ►Long setup: • 21 EMA is above 55 EMA , which is above the Supertrend indicator. • Commodity Channel Index is an oscillator, which prints into the chart if extreme levels are reached. Green is for a level above 100 or below -100, red is above 140 or below -140 and black is above 180 or below -180. • If 21 EMA > 55EMA > Supertrend and an oversold signal appear, you can buy into the trend. • When backtesting on 1h EURUSD , profit target 400 pips worked best with a stop-loss below Supertrend's bottom and the size of your spread. Spread values do not subtract from your profit. • A picture shows two valid entries. Further examples can be found in Patient Trendfollower 's description. Thanks to: • @everget for providing Supertrend solution. • Satik FX who hand-tested the system by hand and reported results in this article. He is my main inspiration for creating the complete indicator as one because I want to be able to show and hide it with a single click.
Pine Script™ strategy
by OrcChieftain
8
Super Z strategy - Thanks to Rafael Zioni//Original script //https://www.tradingview.com/script/wYknDlLx-super-Z/ This is a test for verifying if this interesting study works well. The author, thanks to him!!!, advise a possible repaint because the script uses security function. Refer to tradingview.com for more info on repainting: www.tradingview.com QUOTE: We can see repainting in the following cases: 1- Strategies using calc_on_every_tick=true. A strategy with parameter calc_on_every_tick = false may also be prone to repainting, but to a lesser degree. (this is not the case, ndr). 2- Using security for requesting data from a resolution higher than the resolution of the chart’s main symbol (i.e. do not use ion weelky chart if you set 1440 (1Day) in inputs) NOTE: Thanks again to Rafael Zioni. If he requires to delete this strategy, I'll do immediately.
Pine Script™ strategy
by 03.freeman
43
Combo Backtest 123 Reversal & Elder Ray (Bear Power) This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bear Power measures the ability of sellers to drive prices below the consensus of value. Bear Power reflects the ability of sellers to drive prices below the average consensus of value. Bull Power is calculated by subtracting the 13-day EMA from the day's High. Bear power subtracts the 13-day EMA from the day's Low. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
Strategy - Stochastic Crosses in Trending MarketThis strategy is based on Stochastic Crosses happening in the Oversold/Overbought area, taken into account the current trend which is determined by an EMA pair. (Only Longs in uptrend / only Shorts in downtrend) - Long position is closed when Stochastic is entering Overbought area - Short position is closed when Stochastic is entering Overbought area Additionally a logic is implemented to close the position when another (subsequent) Buy or Sell Signal is given after the trend has changed (to avoid fake outs) - EMA and Stochastic settings can be changed in the settings - Take Profit / Stop Loss can be dynamically activated in the settings (by defaults only Take Profit is activated) - Short Position trading can be excluded in the settings (for people trading on platforms without the possibility to open Short Positions) - Strategy time frame can be entered in the settings Default setup seems to work well for BTC on 4HR timeframe. Good luck! As this is my first strategy, I am very happy for constructive feedback on how to improve this.
Pine Script™ strategy
by wugamlo
17
Combo Backtest 123 Reversal & ECO Strategy This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy We call this one the ECO for short, but it will be listed on the indicator list at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator. It is based on candlestick bars, and takes into account the size and direction of the candlestick "body". We have found it to be a very good momentum indicator, and especially smooth, because it is unaffected by gaps in price, unlike many other momentum indicators. We like to use this indicator as an additional trend confirmation tool, or as an alternate trend definition tool, in place of a weekly indicator. The simplest way of using the indicator is simply to define the trend based on which side of the "0" line the indicator is located on. If the indicator is above "0", then the trend is up. If the indicator is below "0" then the trend is down. You can add an additional qualifier by noting the "slope" of the indicator, and the crossing points of the slow and fast lines. Some like to use the slope alone to define trend direction. If the lines are sloping upward, the trend is up. Alternately, if the lines are sloping downward, the trend is down. In this view, the point where the lines "cross" is the point where the trend changes. When the ECO is below the "0" line, the trend is down, and we are qualified only to sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is above 0, we are not allowed to take short signals, and when the ECO is below 0, we are not allowed to take long signals. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
3
Combo Backtest 123 Reversal & Ease of Movement (EOM) This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy This indicator gauges the magnitude of price and volume movement. The indicator returns both positive and negative values where a positive value means the market has moved up from yesterday's value and a negative value means the market has moved down. A large positive or large negative value indicates a large move in price and/or lighter volume. A small positive or small negative value indicates a small move in price and/or heavier volume. A positive or negative numeric value. A positive value means the market has moved up from yesterday's value, whereas, a negative value means the market has moved down. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
BEST ATR Stop Multiple StrategyHello traders Here we go again.... with another strategy snippet. Reminder: it's an alternative of this Trailing Stop strategy script Entry logic The entry is based on a Simple Moving Averages (SMA) cross. This part doesn't matter here - as I wanted to focus on the ATR multiple stop loss component. ATR STOP This strategy snippet uses an entry stop loss defined based on a multiple of the average true range value. The soure code detects ATR value at entry price, applies the multiplier and will set a static (= non trailing) stop-loss to each position A pinescript v4 label will appear for each new signal displaying the ATR*multiplier value at signal time All the BEST Dave
Pine Script™ strategy
by Daveatt
20
Pure Stochastic long onlyJust a stochastic for giving you a smart and quick signals of entering and exiting. Your enter is K>D in the low band and close > last bar's high. An Ema has been added for targeting and stops. You exit also in case of high values of K or in case D crosses over K but in the "upper". Length, periods and level of bands are personalized. The system goes long only, because it fits at best for shares only; I leave you the attemp of writing code for other classes and for going short, in particular. SUGGESTIONS: Keep Oversold period high (> 20, also 40-45) Keep Emaperiodfast higher (> 5)
Pine Script™ strategy
by saucius
MAs & RSI strategy long onlyThis system originates from many articles by Enrico Malverti, Trading System, 2015. Many trading systems are more stable if you use simple and not so innovative indicators, like exponential moving averages and Relative Strengthe index. Differently by the original article: - there is no ATR Filter, but we have introduced a Schaff Indicator. If you have multiple shares/commodities to choose, prefer what has a better value of Schaff; - there is no fixed stop loss but a second moving average (fast), used as target. There are also Simple Mov Averages on lows (trailing stop loss for long) and a SMA on highs (trailing stop loss for short position). Be careful, in the system only long case, because being short is not the reverse of being long (as stated in my blog) SMA on highs are therefore only graphically put. In this version, I’ve changed the “religious” use of EMAs (“sponsored by” Alexander Elder) to “ordinary” MAs: this because since simple moving averages measure all the factor in addition egual each one, this involve a sort of “offset” in the graph, while EMAs give a major “importance” to the last value (last close itself, you’re already considering): therefore this calculation may be counterproductive. HOW TO OPERATE BUY when prices crosses over SMAon long period (we suggest, however, sma long = Sma fast period = no. 11 for italian and european shares) SELL when prices go under SMA on lows (7 period), or under on SMA fast! RSI crosses under level 70 or is higher than 75 (or 80, but in code there is 75)
Pine Script™ strategy
by saucius
1
Combo Backtest 123 Reversal & Dynamo This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and then subtracting that value from the oscillator midpoint. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
4
Combo Backtest 123 Reversal & Dynamic Pivot Point This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy This Pivot points is calculated on the current day. Pivot points simply took the high, low, and closing price from the previous period and divided by 3 to find the pivot. From this pivot, traders would then base their calculations for three support, and three resistance levels. The calculation for the most basic flavor of pivot points, known as ‘floor-trader pivots’, along with their support and resistance levels. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
5
Combo Backtest 123 Reversal & Dynamic Momentum Index This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator is covered in detail in their book The New Technical Trader. The DMI is identical to Welles Wilder`s Relative Strength Index except the number of periods is variable rather than fixed. The variability of the time periods used in the DMI is controlled by the recent volatility of prices. The more volatile the prices, the more sensitive the DMI is to price changes. In other words, the DMI will use more time periods during quiet markets, and less during active markets. The maximum time periods the DMI can reach is 30 and the minimum is 3. This calculation method is similar to the Variable Moving Average, also developed by Tushar Chande. The advantage of using a variable length time period when calculating the RSI is that it overcomes the negative effects of smoothing, which often obscure short-term moves. The volatility index used in controlling the time periods in the DMI is based on a calculation using a five period standard deviation and a ten period average of the standard deviation. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
3