Confluence Buy-Sell Indicator with Fibonacci The script is a "Confluence Indicator with Fibonacci" designed to work on the TradingView platform. This indicator combines multiple technical analysis strategies to generate buy and sell signals based on user-defined confluence criteria. Here's a breakdown of its features:
Confluence Criteria: Users can enable or disable various strategies like MACD, RSI, Bollinger Bands, Divergence, Fibonacci, and Moving Average. The number of strategies that need to align for a signal to be generated can be set by the user.
Strategies Included:
MACD Strategy: Uses the Moving Average Convergence Divergence method to identify buy/sell opportunities.
RSI Strategy: Utilizes the Relative Strength Index to detect overbought or oversold conditions.
Bollinger Bands Strategy: Incorporates Bollinger Bands to identify volatility and potential buy/sell signals.
Divergence Strategy: A basic implementation that detects bullish and bearish divergences using the RSI.
Fibonacci Strategy: Uses Fibonacci retracement levels to determine potential support and resistance levels.
Moving Average Strategy: Employs a crossover system between the 50-period and 200-period simple moving averages.
Additional Features:
Support & Resistance: Identifies major support and resistance levels from the last 50 bars.
Pivot Points: Calculates pivot points to determine potential turning points.
Stop Loss Levels: Automatically calculates and plots stop-loss levels for buy and sell signals.
NYC Midnight Level: Option to display the New York City midnight price level.
Visualization: Plots buy and sell signals on the chart with green and red markers respectively.
Adequate Category:
"Technical Analysis Indicators & Overlays" or "Strategy & Scripting Tools".
Search in scripts for "Buy sell"
Ruth Buy/Sell Signal for Day Trade and Swing TradeRuth is based on the most known technical indicators and designed for intraday traders. Ruth's aim is to find the best Buy/Sell points and decide to stop loss point with minimum Loss also Ruth tries to find multiple Profit points as TP1/TP2/TP3/TP4/TP5. Ruth was designed based on the heat map colors to be user-friendly and easy to read. While cold color preferred for Short positions, warm colors preferred for Long positions. The most important feature of Ruth is that after the signal is generated, the candles in which the profitable levels are painted one by one with their own special color codes, so that even the most inexperienced users can understand where they should close their positions.
There are two types of signal Ruth can produce for fast trade.
Short Signal: These signals means market tends to be move to down.
Short Stop Loss Point: This is the maximum risk for the position. Shown with single red line inside of the signal.
Short Entry Point: This is the best entry price for short side position. Shown with single baby blue line inside of the signal.
Short Take Profit (TP1): This level represents the profit level the signal is most likely to reach. Shown with single blue line inside of the signal.
Short Take Profit (TP2): This level represents the profit level with a high probability of the signal occurring. Shown with single light purple line inside of the signal.
Short Take Profit (TP3): This level represents the profit level with an intermediate probability of the signal occurring. Shown with single dark purple line inside of the signal.
Short Take Profit (TP4): This level represents the profit level with a low probability of the signal occurring. Shown with single light lilac line inside of the signal.
Short Take Profit (TP5): This level represents the profit level with a tight probability of the signal occurring. Shown with single dark lilac line inside of the signal.
Long Signal: These signals means market tends to be move to up.
Long Stop Loss Point: This is the maximum risk for the position. Shown with single red line inside of the signal.
Long Entry Point: This is the best entry price for short side position. Shown with single baby blue line inside of the signal.
Long Take Profit (TP1): This level represents the profit level the signal is most likely to reach. Shown with single greenish yellow line inside of the signal.
Long Take Profit (TP2): This level represents the profit level with a high probability of the signal occurring. Shown with yellow purple line inside of the signal.
Long Take Profit (TP3): This level represents the profit level with an intermediate probability of the signal occurring. Shown with single dark yellow line inside of the signal.
Long Take Profit (TP4): This level represents the profit level with a low probability of the signal occurring. Shown with single orange line inside of the signal.
Long Take Profit (TP5): This level represents the profit level with a tight probability of the signal occurring. Shown with single dark orange line inside of the signal.
Timeframe: In general best and fastest results occurred in shorter timeframes like 1 min / 5 mins / 15 mins but feel free to try higher timeframes.
Tips & Tricks:
1) Gray line drawn ot the graph represents Dema, we suggests you to go on Short Singals under gray line and go on Long Signals upper gray line.
2) Mostly, Signals easily reach their TP2 / TP3 levels and then generally there is reaction or take profit desire so commodity price turns the opposite direction. If in short time price won't turn to Signal direction close position.
3) Don't forget, every positions has own risks and profits but trade in main trend is crucial.
ROC Based Buy/Sell SignalsIndicator Explanation:
The "Consolidation Identifier (ROC) with Buy/Sell Signals" indicator is designed to help traders identify potential consolidation zones in the market using the Rate of Change (ROC) indicator. It plots both the positive and negative ROC values, providing insights into price momentum changes. The indicator also includes buy and sell signals that are generated when the positive ROC crosses above the negative ROC (buy signal) or when the negative ROC crosses above the positive ROC (sell signal).
How It Works:
The indicator calculates the ROC of the closing price over a specified period. ROC measures the percentage change in price over a given period. Positive ROC values indicate price increases, while negative ROC values indicate price decreases.
The positive and negative ROC values are plotted on the chart using different colors. The key feature of this indicator is the buy and sell signals that occur when the positive ROC crosses above the negative ROC (buy signal) or when the negative ROC crosses above the positive ROC (sell signal). These signals can help traders identify potential shifts in momentum and potential consolidation zones.
Why It's Useful:
Consolidation Detection: The indicator helps identify periods of potential consolidation in the market. Consolidation zones often precede significant price movements, making them valuable for traders looking to anticipate trends.
Momentum Shifts: The ROC crossovers provide insights into momentum changes. Buy and sell signals can indicate shifts in the market sentiment, helping traders make more informed decisions.
Pairs Well With:
Volume Analysis: Combining this indicator with volume analysis can provide a more comprehensive view of market activity during consolidation zones.
Trend Confirmation Indicators: Pairing with trend-following indicators can help confirm the direction of potential breakout moves following consolidations.
Warnings:
False Signals: Like any technical indicator, false signals can occur, especially in choppy or low-volume markets. Always use additional indicators or analysis to confirm signals.
Market Conditions: The effectiveness of the indicator can vary based on market conditions. It may work better during ranging or consolidation periods rather than strong trending phases.
Parameter Optimization: Adjusting the indicator's parameters (ROC period, SMA period, ROC threshold) may be necessary to fine-tune its performance for specific assets or timeframes.
External Indicator Analysis Overlay | Buy/Sell | HTF Heikin-AshiThis chart overlay offers multiple candlestick display options. The Regular (Japanese) and the Heikin-Ashi candles are well known. The Mari-Ashi (or Renko) option is something special as it should be timeframe independent, so that sideways action should be represented in one candle. That is difficult to realize as an overlay on the normal candlestick structure, but perhaps the chosen implementation is useful nonetheless. The Velocity option is experimental and is designed to show if the price has accelerated too much in a trend direction. In this case, the highs and lows do not reflect the actual highs and lows, but indicate the overshooting velocity. The opening of the candle also depends on the inherent velocity, but the close of the candle is always the actual close. Anyway, it doesn't look very useful, but the option is there.
All options can be applied to higher timeframes. A usable setting is obtained by disabling only the body of the TradingView candles in regular mode and enabling this overlay.
A large part of this overlay consists of buy/sell indication settings. For activation it is necessary to select an external source. For example the “Relative Bi-Directional Volatility Range”, specifically the Trend Shift Signal (TSS). This signal switches from 0 to 1, if the trend becomes bullish or from 0 to -1, if the trend becomes bearish. It will be automatically detected without specifying the Indication Type. Alternatively, the Volatility Moving Average (VMA) would meet the requirements for the Indication Type “Buy = positive | Sell = negative”. The Moving Average Convergence Divergence (MACD) also fulfills these conditions. Another example is to use any Moving Average with the Indication Type “Buy = rising | Sell = falling”. In the chart above the Hull Moving Average (HMA) is used. In addition, it is possible to reverse the signal, so that positive signals become negative and vice versa. The signals will be labeled as Buy or Sell on the chart.
The user can analyze whether the provided signals are good or bad indications for going long or short or simply for rebalancing a portfolio. Therefore, it is possible to set a starting point for the analysis and choose a weighting for the investments from 0% to 100% of the portfolio. To avoid sleepless nights, a very reliable (and conservative) setting seems to be Rebalancing with 50% (very similar to the well-known 60/40 portfolio). The calculation results are shown in a table.
As a small addition there is the possibility to label the peaks by setting the distance between the highs/lows. This will make the quality of the buy and sell signals even more clear.
DZ SR Buy&Sell Enhanced StrategyThis ALGERIAN indicator titled "SR Buy&Sell with Enhanced Strategy" is designed to identify support and resistance levels on a financial chart, and generates enhanced buy and sell signals based on these levels. It is based on a trading strategy that uses a combination of moving means and standard deviation to calculate support and resistance levels.
The indicator plots support and resistance levels on the chart, with blue color for base level, red for resistance and green for support. Green arrows are displayed when a buy signal is generated, and red arrows when a sell signal is generated.
The market entry strategy is based on breaking support and resistance levels. When a buy signal is generated and no position is opened, a buy position is opened with a take profit and stop loss level calculated according to the parameters set by the user. Similarly, when a sell signal is generated and no position is opened, a sell position is opened with the corresponding take profit and stop loss levels.
The indicator also displays a “STOP” indicator when a position exit signal is generated, indicating to the trader that it is time to close the current position.
This indicator is a powerful tool for traders who want to exploit support and resistance levels to improve their trading decisions. It can be used in different financial markets and different time periods. Parameters such as average moving length, deviations and multiplier can be adjusted according to individual trader preferences.
Note: This indicator only provides potential signals and does not guarantee positive results with every trade. It is recommended to use this indicator in combination with other technical analysis and risk management tools to make informed decisions when trading.
Stochastic Buy Sell with EMA TrendStochastic Buy Sell with EMA Trend is combination of two indicators only.
The Stochastic Oscillator ( STOCH ) is a range bound momentum oscillator. The Stochastic indicator is designed to display the location of the close compared to the high/low range over a user defined number of periods. Typically, the Stochastic Oscillator is used for three things; Identifying overbought and oversold levels, spotting divergences and also identifying bull and bear set ups or signals.
The Exponential Moving Average (EMA) is a specific type of moving average that points towards the importance of the most recent data and information from the market.
1) Stochastic - It is giving signal whenever cross happen in oversold or overbought zone.
2) EMA 200 - EMA 200 is used to identify market trend.
Long :
If stochastic giving buy signal and price is over 200 EMA.
Short :
If stochastic giving sell signal and price is below 200 EMA.
sohail Anjum EMA buy sellBased on Sohail anjum
Ema crossing teaching
Crossover alerts, only in trend 200 Ema (yellow line) make sure If the price is above the 200 EMA, you can prefer a long position and ignore short positions.
If the price is below the 200 EMA, you are allowed to open only short positions and avoid long positions.
Do not use this indicator alone, Use other recommended indicators by ShohailAnjum Rsi, Macd , chart pattren, etc
This indicator good win rate in 15m TF recommended 1H, 4H
Squeeze Momentum Strategy [LazyBear] Buy Sell TP SL Alerts-Modified version of Squeeze Momentum Indicator by @LazyBear.
-Converted to version 5,
-Taken inspiration from @KivancOzbilgic for its buy sell calculations,
-Used @Bunghole strategy template with Take Profit, Stop Loss and Enable/Disable Toggles
-Added Custom Date Backtesting Module
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All credit goes to above
Problem with original version:
The original Squeeze Momentum Strategy did not have buy sell signals and there was alot of confusion as to when to enter and exit.
There was no proper strategy that would allow backtesting on which further analysis could be carried out.
There are 3 aspects this strategy:
1 ) Strategy Logic (easily toggleable from the dropdown menu from strategy settings)
- LazyBear (I have made this simple by using Kivanc technique of Momentums Moving Average Crossover, BUY when MA cross above signal line, SELL when crossdown signal line)
- Zero Crossover Line (BUY signal when crossover zero line, and SELL crossdown zero line)
2) Long Short TP and SL
- In strategies there is usually only 1 SL and 1 TP, and it is assumed that if a 2% SL giving a good profit %, then it would be best for both long and short. However this is not the case for many. Many markets/pairs, go down with much more speed then they go up with. Hence once we have a profitable backtesting setting, then we should start optimizing Long and Short SL's seperately. Once that is done, we should start optimizing for Long and Short TP's separately, starting with Longs first in both cases.
3) Enable and Disable Toggles of Long and Short Trades
- Many markets dont allow short trades, or are not suitable for short trades. In this case it would be much more feasible to disable "Short" Trading and see results of Long Only as a built in graphic view of backtestor provides a more easy to understand data feed as compared to the performance summary in which you have to review long and short profitability separately.
4) Custom Data Backtesting
- One of most crucial aspects while optimizing for backtesting is to check a strategies performance on uptrends, downtrend and sideways markets seperately as to understand the weak points of strategy.
- Once you enable custom date backtesting, you will see lines on the chart which can be dragged left right based on where you want to start and end the backtesting from and to.
Note:
- Not a financial advise
- Open to feedback, questions, improvements, errors etc.
- More info on how the squeeze momentum works visit LazyBear indicator link:
Happy Trading!
Cheers
M Tahreem Alam @mtahreemalam
MACD + RSI with Trade SignalsThis indicator by default comes with the MACD shown but can be switched to show the RSI instead. Settings for each indicator can also be customized as well as Buy/Sell signals given based on pull back crossovers that follow the 200 EMA of the price Chart. There's an above/below middle fill option you can use but I tend not to but I know some traders like to see when an oscillator is above/below the middle and use it as a trend diretion. By the way, the fourth setting for the MACD (which is 2 by default) is the size of the histogram.
Buy Signal = Price is above the 200 EMA. Current or previous MACD or RSI line is/was below middle line and now crossed above the signal line.
Sell Signal = Price is below the 200 EMA. Current or previous MACD or RSI line is/was above middle line and now crossed below the signal line.
There are alerts for each signal as well (MACD and RSI, both buy and sell).
Feel free to leave a comment regarding issues or suggestions for this indicator or ideas for the next one I should do :)
CHN BUY SELLCHN BUY SELL is formed from two RSI indicators, those are RSI 14 and RSI 7 . I use RSI 14 to determine the trend and RSI 7 to find entry points.
+ Long (BUY) Signal:
- RSI 14 will give a "BUY" signal, then RSI 7 will give entry point to LONG when the candle turns yellow.
+ Short (SELL) Signal:
- RSI 14 will give a "EXIT" signal, then RSI 7 will give entry point to SHORT when the candle turns purple.
+ About Take Profit and Stop Loss:
- With Gold, I usually set Stop Loss and Take Profit at 50 pips
- With currency pairs, I usually keep my Stop Loss and Take Profit at 30 pips
- With crypto, I usually keep Stop Loss and Take Profit at 1.5%
Recommended to use in time frame M15 and above .
This method can be used to trade Forex, Gold and Crypto.
My idea is formed on the view that when the price is moving strongly, the RSI 14 will tell us what the current trend is through a "BUY" or "EXIT" signal. When RSI 14 reaches the oversold area it will form a "BUY" signal and when it reaches the overbought area it will give an "EXIT" signal. I believe that when the price reaches the oversold or overbought area, the price momentum has also decreased and is about to reverse.
After receiving a signal from RSI 14, my job is to wait for an Entry signal from RSI 7. When RSI 7 reaches the overbought area, a yellow candle will appear and that's when we enter a LONG order. When the RSI 7 reaches the oversold area, a purple candle will appear and that's when we enter a SHORT order.
ENVELOPE RSI - Buy Sell SignalsThis indicator is mainly based on Overbought and Oversold . Indicator for short-term trading. This way you can get small but acceptable signals.
The main basis of the indicator is as follows:
To buy, the indicator is waiting for the instrument to be oversold from the RSI point of view. Then, if the chart crosses the bottom line of the Envelope indicator from the bottom to the top, a buy signal is issued.
For sell, the indicator waits for the instrument to be overbought from the RSI perspective. Then, if the chart crosses the top line of the Envelope indicator from top to bottom, a sell signal is issued.
The general basis is the consonance of the price and the RSI indicator .
The best settings I came up with myself:
Time frame: 15 minutes
Overbought: 80
Oversell: 25
RSI Length: 8
It can be done on different instruments. But always set your profit and loss limits.
(Profit to loss ratio in this indicator can be 1: 1.)
Disclaimer : This information and trading indicators and tools provided neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
I am not liable for any profit, financial improvement, losses or damages, monetary or other that may result from the application of information contained within this indicator. Individual traders must use their own due diligence in analyzing featured trading indicators, other trading tools, webinars and other educational materials to determine if they represent suitable and useable features and capabilities for the individual trader.
Ichimoku Buy/Sell Signals of manual MTF Tenkan crossing KijunIchimoku Buy/Sell Signals based on fast, small time frame Tenkans crossing longer timeframes Kijuns - Manual MTF Analysis
This code marks the potential change of direction based on the input of one timeframe's Ichimoku Tenkan (conversion) line crossing over a higher, longer timeframe's Ichimoku Kijun (base) line.
Feel free to change the inputs if need be and to hide the yellow box. Use Ichimoku rules of Tenkan, Kijun, Lagging Span, and Cloud for Take profit/Stop Losses. It is best to wait 3-5 minutes after the signal to enter to confirm the trend and to confirm if the Lagging Span has broken key levels. I refer to the book Trading with Ichimoku - A Practical Guide to Low-Risk Ichimoku Strategies by Karen Peloille as the Ichimoku rulebook. Good luck.
For day trading/scalping/intraday - 1min/3min/5min
Tenkan Line Timeframe = 1min
Kijun Line Timeframe = 5min
For swing trading - multiple days/weeks - 4HR/Daily/Weekly Charts
Tenkan Line Timeframe = day
Kijun Line Timeframe = week
Super Scalper - 5 Min 15 MinThis strategy is based on RSI and ATR Bands which works better in 5 and 15 Mins time frame.
Perform enough back testing with 1:2R before using in real time.
Entry only on trade on screen symbols, use additional buy/sell alerts to book profit or to trail SL.
I have also added Golden Cross Over of 65 and 21 EMA to have confirmation on trend.
BTC buy/sell effectivenessDescribing how much bitcoin price moves due to active buy/sell orders, using price data from BINANCE:BTCUSDT but summing up the volume data from BINANCE:BTCUSDT, COINBASE:BTCUSD, BITHUMB:BTCKRW, BITFLYER:BTCJPY, KRAKEN:BTCEUR, FTX:BTCUSD, BITSTAMP:BTCUSD, BITFINEX:BTCUSD. The script is based on another script in the following
The recommended setting is 1m resolution with 1H time frame, EMA lengths 12 and 18. The upper and lower dashed lines show regions of high and low volatility of price.
Double EMA WIth Pullback Buy Sell Signal - Smarter AlgoBuilt with love "Double EMA With Pullback Buy Sell Signal "
This indiator will help you to find a Double EMA Pullback Signal
You can combine with your own strategy, or use this purely
DISCLAIMER :
Measure the risk first before use it in real market
Backtest The Strategy was very important, so you know the probability
Fundamentally Logical :
Pullback (Some Previous candle is Red for Bull Pullback vice versa)
the Entry candle must be a Candlestick Pattern
Features :
1. Double EMA
2. Pullback Signal
How to use it :
1. Adjust the Pullback Backstep
2. Adjust the EMA Period
3. Adjust the Style to your preferences
Regards,
Hanabil
Triple MA Buy SellThis simple script show potentiel trade entry points using 3 MA, can be switch by EMA and SMA type.
Adjust the MA(s) Length depending pairs and timeframe you use.
Buy & Sell labels can be display by input settings.
Action are take by the following rule:
Long signal:
MA3 > MA2 > MA1
Short signal:
MA1> MA2 > MA3
Add some filters is really needed to make this usable.
using my "Flat Detect By Bollinger Bands" indicator can be a debut
BBW EMA RIBBON+BB%B+EMA BUY/SELL SignalsBINANCE:BTCUSDT
* * * TESTED ON BTCUSDT 4H CHART * * *
The indicator gives signals based on possible ENTRY/EXIT zones (calculated using an ema ribbon of the BBW) and BB%B oversold/overbought conditions, also a 200 EMA filter is used to trade following the major trend.
ENTRY/EXIT zones can be used as a confirmation on other strategies (green zones suggest a possible entry for a long in an uptrend and for a short in a downtrend, red zones suggest a possible exit for long & short)
Only LONG signals are given.
Signals are divided in 3 categories based on their strenght:
- Weak BUY/SELL (green/red circles on chart)
- normal BUY/SELL (green/red triangles with "BUY" or "SELL" text on chart)
- strong BUY/SELL (green/red labels with "STRONG BUY" or "STRONG SELL" text on chart)
You can use signals from the same category as triggers for entering or exiting a trade or you can try using signals from different categories
All indicators settings can be costumized
Possible EXTRY/EXIT zones can be turned ON/OFF
Every signal label can be turned ON/OFF
EMA that changes color based on last candle close can be turned ON/OFF
Alerts can be set for:
- General Signals (every signal will trigger it)
- Weak Signals (only weak signals will trigger it)
- Normal Signals (only normal signals will trigger it)
- Strong Signals (only strong signals will trigger it)
There are 3 BB%B Oversold & 3 BB%B Overbought value presets:
- BASIC (default values)
- LOW (slightly lower values from default)
- HIGH (slightly higher values from default)
Tips:
Use BB%B OS LOW preset to find entries at a better price
Use BB%B OS HIGH preset to find entries faster
Use BB%B OB LOW preset to find exits faster
Use BB%B OB HIGH preset to find exits at a better price
There are 3 Filters already included:
- A checkbox to toggle ON/OFF the use of Heikin Ashi candels to detect trades
- A checkbox to toggle ON/OFF the use of an ema filter for the ribbon that tries to reduce the number of false signals on over-extended price movements
- A checkbox to toggle ON/OFF the use of an ema filter that tries to reduce the number of false signals when price crosses the moving average many times consecutively
BB+RSI+EMA BUY/SELL SignalsBINANCE:BTCUSDT
* * * TESTED ON BTCUSDT 4H CHART * * *
The indicator gives signals based on candles touching BB lines and RSI oversold/overbought conditions, also a 200 EMA filter is used to trade following the major trend.
Only LONG signals are given.
Signals are divided in 3 categories based on their strenght:
- Weak BUY/SELL (green/red circles on chart)
- normal BUY/SELL (green/red triangles with "BUY" or "SELL" text on chart)
- strong BUY/SELL (green/red labels with "STRONG BUY" or "STRONG SELL" text on chart)
You can use signals from the same category as triggers for entering or exiting a trade or you can try using signals from different categories
All indicators settings can be costumized
Every signal label can be turned ON/OFF
EMA that changes color based on last candle close can be turned ON/OFF
Alerts can be set for:
- General Signals (every signal will trigger it)
- Weak Signals (only weak signals will trigger it)
- Normal Signals (only normal signals will trigger it)
- Strong Signals (only strong signals will trigger it)
Realtime Volume Bars w Market Buy/Sell/Neutral split & Mkt Delta
What is it?
A tool that shows Real-time Volume bars split into 3 components: (1) Market Buy Volume - i.e., the volume that got transacted on upticks; (2) Market Sell Volume - i.e., the volume that got transacted on downticks;
and, (3) Neutral Volume - i.e., the volume that got transacted without a change in price. (This feature can be turned off if you want normal volume bars).
Market delta (i.e., Market Buy Volume - Market Sell Volume) is also displayed above each volume bar. (On by default; can be switched off from Settings)
The split and Market Delta data are ONLY AVAILABLE FOR REAL-TIME BARS. Historical bars are shown just like regular ones. The dotted line marks the start of real-time data (i.e., the bar from which the indicator started collecting and displaying data). You will see accurate data for bars to the right of this line. The longer you keep a chart open with the study enabled, the more data it collects and displays, and the better your analysis can potentially be.
Note that the data gets reset every time any of the options is changed, the market is switched, the browser is refreshed, or the script is reloaded
DATA ISN'T STORED. I.e., every time a new symbol is loaded, the previous symbol's data is lost. So if you intend to monitor a symbol, you would need to keep it loaded all the time.
Who is it for?
For traders who are used to analyzing buy/sell activity using market buy/sell volume and market delta information
Although you can use this independently as well, use it in conjunction with "Market Delta Volume for Realtime Bars" indicator to get a better visual representation of the numbers.
Day of Week Custom Buy/Sell StrategyThis strategy was made for bitcoin and allows you to back test longing or shorting for various days of the week. The price may tend to go in one direction or another for each week day, and this strategy allows you to test days across a range of dates to capitalize on this.
Make sure you are on the daily time frame while viewing the performance and trade history to ensure the script works as intended and you have the most historical data as possible from Trading View.
Custom Date Buy/Sell StrategyThis strategy allows you to back test longing or shorting during a period of time between two dates.
Make sure you are in the daily time frame while viewing the performance and trade history to ensure you have the most historical data as possible from Trading View.
Finally, due to the way Trading View enters trades at the end of a candle, you must subtract one day from your starting and your end dates.
Simple Buy/Sell StrategyThis is the strategy version of the original 'Simple Buy/Sell Indicator' by @Shizaru .
The original indicator description explains the logic behind the strategy:
"The original script was posted on ProRealCode by user Doctrading.
This little and simple code allows you to draw an indicator, which show you when buy or sell conditions are met.
For "buy" conditions, I did just set :
close > MM200
close > Parabolic SAR
MACD > 0
RSI7 > 50
For "sell" conditions : the opposite.
Of course, you can set what you want, in order to test your strategies.
Of course, to be profitable, you must also set your trading rules (entry, stop loss, trailing stop, take profit, etc.)
It's only an indicator, which doesn't show entry or exit rules."
Hope this helps someone!
[astropark] Moon Phases [strategy]Dear Followers,
today I'm glad to present you an indicator which calculates Moon Phases and let's you backtest the simplest strategy over it: buy/sell on full moon and do the opposite on new moon.
This is a public free indicator based on the public one by @paaax:
I added my usual backtesting logic, plus some more customization inputs for easy coloring.
The lower the timeframe you backtest on, the more backtesting data are effective.
Enjoy!
-- astropark
