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Simple Moving Average (SMA)

2-Period RSI strategy (with filter)2-period RSI strategy backtest described in several books of the trader Larry Connors . This strategy uses a 2 periods RSI , one slow arithmetic moving average and one fast arithmetic moving average. Entry signal: - RSI 2 value below oversold level (Larry Connors usually sets oversold to be below 5, but other authors prefer to work below 10 due to the higher number of signals). - Closing above the slow average (200 periods). - Entry at closing of candle or opening of next candle. Exit signal: - Occurs when the candlestick closes above the fast average (the most common fast average is 5 periods, but some traders also suggest the 10 period average). Entry Filter (modification made by me): - Applied an RSI2 arithmetic moving average to smooth out oscillations. - Entered only when RSI2 is below oversold level and RSI2 moving average is below 30. * NOTE: In the stocks that I evaluate daily the averages of 4 and 6 periods work very well as a filter. Comments: This strategy works very well in Daily charts but can be applied in other chart times as well. As this is a strategy to catch market fluctuations, it presents different results with different stocks. I have been applying this strategy to the stocks of the Brazilian market (BOVESPA) and have enjoyed the result. Every day I evaluate the stocks that are generating entry signals and choose which one to trade based on the stocks with the highest Profit Value. The RSI 2 averaging filter probably will reduce profit of the backtests because reduces the number of signals, but the Profit Value will usually increase. For me this was a good thing because without the filter, this strategy usually shows more signals than I have capital to allocate. Before entering a trade I look at which fast average the paper has the highest Profit Value and then I use this average as my output signal for that trade (this change has greatly improved the result of the outputs). This strategy does not use Stop Loss because normally Stop Loss decreases effectiveness (profit). In any case, the option to apply a percentage Stop Loss if desired is added in the script. As the strategy does not use stop, extra caution with risk management is advisable. I advise not to allocate more than 20% of the trade capital in the same operation. I'm still studying ways to improve this strategy, but so far this is the best setup I've found. Suggestions are always welcome and we can test to see if they improve the backtest result. Good luck and good trades. ================================================ Backtest das estratégia do IFR de 2 períodos descrita em varios livros do trader Larry Connors . Esta estratégia usa um IFR de 2 períodos, uma média movel aritmética lenta e uma média movel aritmética rápida. Sinal de entrada: - Valor do IFR 2 abaixo do nível de sobrevenda (Larry Connors usualmente define sobrevenda sendo abaixo de 5, mas outros autores preferem trabalhar abaixo de 10 devido ao maior número de sinais). - Fechamento acima da média lenta (200 períodos). - Realizado a compra no fechamento do candle ou na abertura do candle seguinte. Sinal de saída: - Ocorre quando o candle fecha acima da média rápida (a média rápida mais comum é a de 5 períodos, mas alguns traders sugerem também a média de 10 períodos). Filtro para entrada (modificação feita por mim): - Aplicado uma média móvel aritmética do IFR2 para suavisar as oscilações. - Realizado a entrada apenas quando o IFR2 está abaixo do nível de sobrevenda e a média móvel do IFR2 está abaixo de 30. *OBS: nos ativos que avalio diariamente as médias de 4 e 6 períodos funcionam muito bem como filtro. Comentários: Esta estratégia funciona muito bem no tempo gráfico Diário mas pode ser aplicada tambem em outros tempos gráficos. Como trata-se de uma estratégia para pegar oscilações do mercado, ela apresenta diferentes resultados com diferentes ativos. Eu venho aplicando esta estratégia nos ativos do mercado brasileiro (BOVESPA) e tenho gostado do resultado. Diariamente eu avalio os papeis que estão gerando entrada e escolho qual irei realizar o trade baseado nos papeis que apresentam maior Profit Value. O filtro da média do IFR 2 reduz o lucro nos backtests pois reduz também a quantidade de sinais, mas em compensação o Profit Value irá normalmente aumentar. Para mim isto foi algo positivo pois, sem o filtro, normalmente esta estratégia apresenta mais sinais do que possuo capital para alocar. Antes de entrar em um trade eu olho em qual média rápida o papel apresenta maior Profit Value e então eu utilizo está média como meu sinal de saída para aquele trade (esta mudança tem melhorado bastante o resultado das saídas). Está estratégia não utiliza Stop Loss pois normalmente o Stop Loss diminui a eficácia (lucro). De qualquer maneira, foi acrescentado no script a opção de aplicar um Stop Loss percentual caso seja desejado. Como a estratégia não utiliza stop é aconselhável um cuidado redobrado com o gerenciamento de risco. Eu aconselho não alocar mais de 20% do capital de trade em uma mesma operação. Ainda estou estudando formas de melhorar esta estratégia, mas até o momento está é a melhor configuração que encontrei. Sugestões são sempre bem vindas e podemos testar para verificar se melhoram o resultado do backtest. Boa sorte e bons trades.
Pine Script™ strategy
by Tomazetti
12
Triple Moving Average HeatmapHi everyone I didn't publish on Friday because I was working on an Expert Advisor in MT4. The day I don't publish, some scripts spamming guys published many (not useful) scripts the same to kick me out of the TOP #1 ranking. So what I'm going to do about it? crying or sharing more quality scripts than before? :) I guess you know the answer :) I'm gonna share a few quality scripts that I have in my library. I noticed that you guys tend to like more the scripts useful for your trading actually making you money rather than a copy-paste (of another copy-paste) Alright, enough for the trolling now let's introduce the Three MA heatmap which is an upgrade of that script : MA-heatmap-Double-cross-edition/ The challenge was to keep the heatmap not rolling and to make it match with the MA cross. I did it using this ``` since_ma_buy = barssince(macrossover) since_ma_sell = barssince(macrossunder) heatmap_color() => since_ma_buy < since_ma_sell ? color.new(color.green, 20) : since_ma_buy > since_ma_sell ? color.new(color.red, 20) : na ``` This is a technique that I found after drinking three glasses of red wine (#french) to keep the heatmap stable and not rolling. To get what I'm saying I invite you to replace the piece of code above by what everyone would normally do ``` heatmap_color() => macrossunder() ? color.new(color.green, 20) : macrossover() ? color.new(color.red, 20) : na ``` Ah and I'm not done sharing for the day, a few scripts are coming also after that one and tonight !!!!! I want to live in a world where you guys can enjoy quality scripts (mostly) :) PS ____________________________________________________________ Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. - I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Pine Script™ indicator
by Daveatt
6
Triple Moving Average & Elder ImpulseThis is an updated version of my previous Triple Moving average script. This one plots 3 moving averages + Elder impulse system. The user has an option to choose from EMA or SMA. User can also choose the length and source for moving averages. The user also has an option to turn ON/OFF the use of the Elder impulse system. All this utilizing the space for a single indicator. This is especially helpful for free users with a limit of only 3 indicators per chart. This way you can add the 4 above + 2 more indicators of your choice. Hope it helps.
Pine Script™ indicator
by getmohsin.py
2
Ultimate Moving Average Package (17 MA's)Included is the: VWAP Current time frame 10 EMA Current time frame 20 EMA Current time frame 50 EMA Current time frame 10 SMA Current time frame 20 SMA Current time frame 50 SMA Daily 10 EMA Daily 20 EMA Daily 50 EMA Daily 50 SMA Daily 100 SMA Daily 200 SMA Weekly 100 SMA Weekly 200 SMA Monthly 100 SMA Monthly 200 SMA All Daily/Weekly/Monthly MA's can be seen on intraday charts. Current time frame MA's change depending on your time frame. Obviously you dont need all 17 on your chart but you can pick the ones you like and disable the rest.
Pine Script™ indicator
by Craig_Stine
BurgerCrypto.com: MA based band for bitcoin cycle highs&lowsWarning: This script works only on a daily chart and only works for bitcoin charts with a long history. Best to be used on the BLX chart as it goes back to July 2010. This script shows you the Moving Average with the length of a full bitcoin cycle, in which a cycle is defined as a period between two reward halvings; i.e. 210.000 blocks. After data analysis in Python, I found that the average inter arrival time is a bit lower than the often communicated 10minutes; it's 9.46minutes, which makes the 210.000 block interval equal to 1379days. The 1379d Moving Average seems to serve well as a support for the price of bitcoin over time and it's 4th 2^n multiple did a good job in catching the cycle tops. If you like this indicator, please leave some claps for the Medium article in which I introduced this indicator: medium.com
Pine Script™ indicator
by Marc3lBurg3r
EMA / SMA MultiCombo 3.0 All the moving averages you'll ever need!!! 5 EMAs 5 SMAs 3 static EMAs 3 static SMAs Static EMAs and SMAs are shown on every timeframe. For example, you can set static EMAs or SMAs to show 21 day EMA on 1 hour chart or for example 50 week SMA on 1 day chart, or 200 4 hour EMA on 5 minute chart and so on, possibilities are endless!!! Plus standard 5 EMAs and 5 SMAs (user-defined) are showing for specific chosen timeframe. No need to show them all, just check how many you want.
Pine Script™ indicator
by Bubsan
1
Double 7's StrategyStrategy described in the book "Short Term Trading Strategies that Work", written by Larry Connors and Cesar Alvarez. It is the simplest strategy I know and has only 3 rules: - Price must be above the arithmetic moving average of 200 periods. - Buy when the price closes below the closing of the last 7 days. - Sale when the price closes above the closing of the last 7 days. Simple as it may seem, this strategy works very well in some stocks and/or graphical times (in some stocks it overcomes many RSI 2 strategies). It was developed for the daily chart and does not usually work well on weekly or monthly charts, but can be used for day trades if the back-test proves to be favorable. If you want, you can change the input and output rules by setting other values ​​for the input or output period and thus find more positive results for specific stocks. There is no stop loss because in tests the stop loss usually reduces the gains of the strategy. Good luck and good trades. ================================ Estrategia descrita no livro "Short Term Trading Strategies that Work", escrito por Larry Connors e Cesar Alvarez. É a estratégia mais simples que eu conheço e tem apenas 3 regras: - Preço deve estar acima da média móvel aritmética de 200 períodos. - Compre quando o preço fechar abaixo do fechamento dos ultimos 7 dias. - Venda quando o preço fechar acima do fechamento dos ultimos 7 dias. Por mais simples que pareça, esta estratégia funciona muito bem em alguns papeis e/ou tempos gráficos (em alguns papeis a mesma supera muitas estratégias pelo IFR2). A mesma foi desenvolvida para o gráfico diário e normalmente não funciona muito bem em gráficos semanais ou mensais, mas pode ser utilizado no intraday caso o backtest se mostre favorável. Caso você queira, é possível alterar a regra de entrada e saída definindo outros valores para o período de entrada ou saída e assim encontrar resultados mais positivos para cada papel. Não existe stop loss pois nos testes normalmente o stop loss reduz os ganhos da estratégia. Boa sorte e bons trades.
Pine Script™ strategy
by Tomazetti
8