10/20 MA Cross-Over with Heikin-Ashi Signals by SchobbejakThe 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective.
It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you nearly eliminate the risk of losing your profit in the long run.
The results are good throughout most assets, and at their best when an asset is making new all-time highs.
It uses two simple moving averages: the 10 MA (blue), and the 20 MA (red), together with heikin-ashi candles. Now here's the great thing. This script does not change your regular candles into heikin-ashi ones, which would have been annoying; instead, it subtly prints either a blue dot or a red square around your normal candles, indicating a heikin-ashi change from red to green, or from green to red, respectively. This way, you get both regular and heikin ashi "candles" on your chart.
Here's how to use it.
Go LONG in case of ALL of the below:
1) A blue dot appeared under the last daily candle (meaning the heikin-ashi is now "green").
2) The blue MA-line is above the red MA-line.
3) Price has recently breached the blue MA-line upwards, and is now above.
COVER when one or more of the above is no longer the case. This is very important. You want to keep your profit.
Go SHORT in case of ALL of the below:
1) A red square appeared above the last daily candle (meaning the heikin-ashi is now "red").
2) The red MA-line is above the blue MA-line.
3) Price has recently breached the blue MA-line downwards, and is now below.
Again, COVER when one or more of the above is no longer the case. This is what gives you your edge.
It's that easy.
Now, why did I make the signal blue, and not green? Because blue looks much better with red than green does. It's my firm believe one does not become rich using ugly charts.
Good luck trading.
--You may tip me using bitcoin: bc1q9pc95v4kxh6rdxl737jg0j02dcxu23n5z78hq9 . Much appreciated!--
Swing
[RS]ZigZag Percent Reversal - Multiple StatisticsMultiple Statistics from zigzag:
• Price range between swings.
• Bar range between swings.
returns maximum value, avg value and mean deviation.
if you find something missing, please leave a message bellow.
Moving Average & Candle ColoredThis Script plots a Simple Moving Average green coloured when the slope is positive and red coloured when it's negative, it also prints all the candle with the close value greater than the average in green and those with the close value smaller than the value of the average in red. Useful for spot the entries and exits at a glance.
55EMA 200MA Cross Philakone Swing StrategyBased on the lessons of Philakone when we see the golden cross its a buy signal when we see the second cross this means death cross sell signal.
Support & ResistanceThis indicator detects large swings/pivots in historical price action to highlight tops and bottoms which might act as future levels of support or resistance. The code by default detects the last 3 significant swing highs and the last 3 swing lows. It then places lines on the chart to highlight those levels.
For a full overview of the indicator and code commentary visit the backtest-rookies (.com) website.
Example
Swing Highs and Lows (version 2)My second version of plotting Swing Highs and Swing Lows
A Swing High (SH): a price bar high preceed by two lower highs (LH) and followed by two lower highs (LH)
This version enables you to ignores swing highs and lows when the market volatility is small and not suitable for trading.
Thus it will depict fewer number of SH and SL markers, making the chart a bit cleaner and easier for us to read.
Volatility is measured simply by the amount of pips moved within five consecutive bars: the default is set at 10 pips, meaning that when you take five consecutive bars and the gap of the highest high and the lowest low is less than or equal to 10 pips, it will not depict SH or SL markers.
To use this function, check "set volatility threshold?" box under the Format icon and set a threshold in pips.
(I typically trade EURUSD so the pips input is customized for that)
Swing Highs and LowsSimple script to overlay swing highs and lows.
A Swing High (SH): a price bar high preceded by two lower highs (LH) and followed by two lower highs (LH).
Swing IndicatorThis indicator provides some base code for looping over data to identify swings in price action. Full code commentary can be found on the backtest rookies website.
The indicator shall allow users to "analyse" a recent historical candle to detect whether it was a swing point. This will work by inputting a number to select which historical candle you want to check. The indicator will then check all candles after it until the current candle. It shall also check the same amount of candles before it. If the candle analysed has the lowest low or highest high in the complete range, then we know it was a swing point.
Gann Trend Oscillator Backtest The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Gann Trend Oscillator Strategy The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
Gann Swing Oscillator The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Gann Swing Oscillator Strategy The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
Gann Swing Oscillator The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
[RS]Swing Charts V0 Trend Counter V0EXPERIMENTAL:
wave counting using swing charts, use at your own discretion.
Swing Chart V1 by Phi35 © With this indicator, which plots the swing chart of the 3 degrees, swing traders can automate their work of tracking the right bars.
How it works:
Minor Degree (one bar) (gray)= If the current high is higher than the previous high or the current low is lower than the previous low.
Intermediate Degree (two bar) (baby blue)= If the current high is higher than previous and the penultimate high etc.
Main Degree (three bar) (red)= If the current high is higher than the previous, the penultimate and the high before penultimate high etc.
Alert:
On crossover there will be an alert (popup with a message) and in addition you will see "diamonds" on the place where the crossover took place
If there is an issue or any suggestions, feel free to contact me. Do not modify the code without permission.
Swing Chart V1 by Phi35 ©
[RS]Volatility Explosive Measure V0EXPERIMENTAL:
Measures the volatility range of current price range, can help detect squeezes as well explosive moves