This startegy based on 3-day pattern reversal described in "Are Three-Bar
Patterns Reliable For Stocks" article by Thomas Bulkowski, presented in
January,2000 issue of Stocks&Commodities magazine.
That pattern conforms to the following rules:
- It uses daily prices, not intraday or weekly prices;
- The middle day of the three-day...
The Koncorde indicator was originally developed by Xavier D. García and is an indicator of relative success among stock market operators since its publication.
The strategy I present here is based on the post that appeared in the blog Exito bursatil: Como utilizar el indicador Koncorde y sus Patrones.
Signal: Mean represented by a red line...
Version 2 of my fractal pattern aid (Version 1).
I added a bouncing line between the high and low trend lines, connecting consecutive extreme points. I also chased down a pesky bug in the slope calculation...and for now I have disabled the ability to change resolution basis for extreme detection (e.g. 30m on a 1hr chart).
For fun, I added some shading to make...
This indicator is a interpretation of the Red Dog Reversal Pattern which was discovered by T3Live founder Scott Redler. (AFAIK)
The indicator is maybe useful for Day Trade or Swing Trade.
1. Stock is down for multiple days
2. Stock goes below prior day's low
3. Stock trades back up through prior day's low, which triggers the buy
4. The stop is set...
Double bottom is a very common chart pattern, as its name indicates, it consists of two bottoms, and these two bottoms need to be in a relative flat price level. One of the bottom can't be much higher or lower than the other.
This indicator will detect and highlight double bottom pattern automatically on chart and alert you via SMS, email and sound.
Double top is a very common chart pattern, as its name indicates, it consists of two tops, and these two tops need to be in a relative flat price level. One of the top can't be much higher or lower than the other.
This indicator will detect and highlight double top pattern automatically on chart and alert you via SMS, email and sound.
IB- and OB-
green third bar+green cpr+level=buy
red third bar+redcpr+level=sell
3 candles green = buy, tp30 pips(gbpusd,gbpjpy)
3 candles red =...
This is a tool for plotting and predicting Elliott Wave patterns. I'm not actually a fan of Elliott Wave analysis as it pertains to human traders but algorithmic Elliott wave TA does make sense and works. This indicator is to be a free clone of the premium MTPredictor indicator. What you see in this first version is simply the scaffolding to build it. It is not...
The purpose of Quansium Labs is so our Beta Testers can have access to our newest, latest, and most innovating ideas and concepts. Through the collaboration of users and their feedback, we believe we can progress at a much faster speed. The algorithms provided on this system are at their most early stages, and they will either be refined or dropped. This means...
I think everybody knows the Double Bottom Pattern, so I omit the introduction.
The algorithm uses 8 internal watchers to identify the incomplete W-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two...
The indicator discovers profitable patterns by associating Price Season of multiple time frames.
Full Name: 9 Seasons Rainbow - Multiple Time Frames Associated Price Wave Pattern Indicator
This is redefined from “9 Seasons Rainbow Indicator DEMO”, with clearer definition of 9 Seasons and user manual.
Select Heikin Ashi candle pattern and use this indicator for buy or sell signals. Also, EMA 9 and 12 cross over added for better indication of trend. Select 15 mins and 30 for more appropriate signals.
This indicator was built for a client. PM me for code access.
The signal comes from the "RailRoad" candlestick pattern breaking a support/resistance level, which typically indicates price will respect that level.
This is an experimental strategy designed to get yet even more positions. This is my third high % profitable strategy. This one only deals in longs and tends to result in clusters of buys. It doesn't make that much net profit. It's meant to be supplementary.
Displays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low)
Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles
A spike is:
A wide difference between the spike high and...
spike reversal indicator is an innovation of lirshah programming team,
this indicator is combination of several indicators with candle sticks patterns.
good accuracy on reverse points and ease of interpretation are strong points of this indicator.
calculation of this indicator is based on opening price of each bar which means the value of indicator is constant on...