Traders, BAM's Weighted ROC is a Momentum indicator. ROC stands for 'Rate of Change' therefor this indicator plots the reading of a weighted average Rate of Change. In its current form it uses 4 periods en 4 weightings. The periods are set to 21/63/126/252 which corresponds to the number of trading days in each 1/3/6/12 months. The weightings are set to...
Trend Analyzer aims to define and analyze the trend of a particular asset at a given time using MACD, mathematical functions, and moving average. It comes in very handy when determining an overall strategy or when you need to decide on whether a trade makes sense or not. Finally, you can build a complete strategy around the indicator. QUICK OVERVIEW When...
This is using an EMA and RSI with slightly modified settings to give good entry and exit points while looking at Bitcoin. I use this on a 4-hour chart and with other indicators to find good positions to enter a trade or exit if things are turning red. If you click on the EMA line it will color the bars of the chart based on if they are above or below the EMA -...
This is a script that uses a couple of other indicators to find good swing trade entry's and exit's. You can choose which signals the script uses to calculate the position of the signals. It uses the following: - Stoch RSI - MACD - POC - INDIGO Cloud Also added are volume candles, acceleration of momentum indicators (triangle) and MACD candles. This way you can...
Ride the trend with full potential. Filter out false signals using long period ema. Lower bands take care of the stop loss. Use this strategy for banknifty futures for consistent quarterly returns.
I got the idea for a narrow Donchian Channel with a short lookback period which closely follows the price fluctuation in which the sides of the channel have a thickness according to the range of the last touching candle. Any channel, be it Donchian, Keltner, Bollinger Bands or Parallel, has an upside and a downside, touching the upside is a buy signal as this may...
█ OVERVIEW A Swing Trade indicator providing backtest and alerts which can be used as a long, short or reversal strategy. Its main goal is to catch breakouts and huge moves, and to try and beat the Buy & Hold Return. █ CONCEPTS The strategy consists of a unique custom indicator that works like this: A Smoothed Donchian Channel combined with a...
This is trend following strategy. Which takes entries on the pullbacks when long term trend is up. It allows you to enter / add on pullback of Fib 0.618 of prebious N number of candles. I have defaulted this to 9. BUY ==== 1. Long term trend is UP i.e ema 50 is above ema 200 2. wait for Fib0.618 pulls back to trend zone (orange line ) 3. when...
Level: 1 Background Many asked me about swing reversal indicators. There are many but less of them can guarantee high win rate. Because market is complex, the reversals can be nested together, which means sub level reversals will be contained in higher level waves. This can be well explained by Elloit wave theory. Function Here it is a simple moving average...
This strategy will look for opportunities when price touches the lower Bollinger band, then enters Long when it anticipates a MACD crossover signal. Setup: on 1-day chart interval Exits when either (a) hitting trailing stop loss, or (b) meeting risk-to-reward, if defined by user.
The Genesis Matrix (GMMI = Genesis Matrix Momentum Indicator) is primarily a momentum indicator that can be very well combined with other indicators to easily detect possible trend changes. This is a translation/interpretation for TradingView from the original Metatrader 4 code which is Open-Source and was developed by "realjumper". More information here:...
PLEASE READ THIS DESCRIPTION TO SAVE TIME AND UNDERSTAND WHAT THIS INDICATOR DOES Hello Tradingview World! It is us, AltSignals, and we're back after many months of working on a new indicator script for anyone to try! Just message us and we will add you to test it out, all feedback is highly appreciated as we're always trying to improve the script. This script...
This script is based on a very simple and affective strategy. Usable for scalp, Trend, Swing, positional Trading. Works on all types of markets(Crypto, Stocks, Commodity, Forex, etc) and symbols. About The Indicator : The three lines(Grey upper, Red Mid, Grey Lower) moving with the price direction is Moving average channel (MAC) Which is used to determine the...
The PPO is basically the MACD but in percentage terms. This is better for comparing momentum across different securities. This script is a standard PPO but with many options for customization. You can set the moving average type of the signal and the oscillator lines separately. You can also weight any moving average of the PPO by volume. Supported Types of MA: ...
The following indicator shows the percentage drop from ATH
One of the questions hobbyist traders more often ask is: what is the perfect trading indicator? Every indicator is just a tool, so its efficiency is proportional to your ability to read its signals and translate them into an actionable trading strategy. The RSI is likely the most flexible and easy to use among the technical indicators. This trading strategy...
Strategy used in the CDI community that consists of having as a signal to enter long when it crosses the entire Ichimoku cloud . It is recommended to use the strategy in one hour candles and the profit / loss ratio is 2 to 1 for swing trading, however it can be used at any time frame. The purpose is to perform a bakctesting quickly by setting the limit and stop...
Introduction Have you ever heard that each candle represents a battle between bulls (buyer) and bears (seller)? If you know the answer, apparently you understand what the price action means. What if I ask you, how much was bloody in each battle between bulls and bears?!. This indicator may give a clear picture of how to identify the candle’s strength by...