Custom Indicator using tick data to display momentum. (The arrows are the channel breakout arrows that you can find in default scripts.)https://www.tradingview.com/x/l3S25cgF/https://www.tradingview.com/x/xWcpWHmJ/
Plots the Highest and Lowest source price for N bars back. Similar to Donchian Channels except any price source can be used (best results: close). Can be set to any interval independent of the chart interval. Repainting will occur if the chart interval is less than the indicator interval.
This is the main strategy that I will be forward testing on demo for a month or two, then making it an EA in MetaTrader4
You can see the code for yourself this time, all the strategy is, is a crossover of various moving averages.
Commission included, $10,000 account.
Results over the past 3 months, beginning in January 2017.
The Up/Down Range breaks the price range into an upward and a downward moving component, so we can easily turn it into a momentum oscillator. This script does just that.
You can find the Up/Down Range (UDR) indicator here:
Measuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR.
However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction.
In fact, I turned it into a momentum indicator...
This strategy improves on the latest one that I posted in several ways.
the %profit is reduced by 3%
Success rate reduced by 2%
Drawdown decreased by half (from 40% to 20%)
Average trade $ increased by $500
Построение уровней поддержки и сопротивления на основе метода Герчика.
Основной график для анализа дневка D1 и H4
Рекомендуется использовать на один инструмент одновременно D1, H4 для определения покупателя и продавца на поведение:
- Ложный пробой уровня
- Отскок от уровня
Our Tradingview representation of our strategy. Trend-Following techniques combining analysis of buying and selling on fractals, entering low-risk positions at counter-trend points, and trailing-stop orders along moving averages.
Red/Green circles indicate counter-trend entry positions. These are not lagging and form on the...
Answer to the locked strategy... Formerly "High-Low Trader" .. Changed the name to Edge Trail Trader to delineate from the locked version, which is no different. You can add this one to your favorites now.
Similar to SuperTrend or the ATR trailing stop lines that are common-place in chart indicator circles, the B3 High-Low Trail-Trader works as a back-break...
Hyper Trend can help you with setting your stop loss and take profit levels and shows if exisiting price levels are in long zone or short zone. Tune the indicator first for the chart you intend to use Hyper Trend on with the given options. Enjoy !
PS: Multiplier 2 gives results similar to the famous Super Trend indicator developed by Olivier Seban.
Dark green cloud indicates long term up trend
Light green cloud indicated short term up trend within long term uptrend
Light red could indicates long term downtrend
Dark red indicates short term downtrend
Green circles indicate upward trend overall
Red circles indicate downward trend overall
Orange circles indicate possible squeeze building. THe longer the...
Thanks for your feedback in regard to the Magic Circles indicator. As a common question, Magic Circles indicator uses an ATR based trend indicator in conjunction with a Parabolic SAR indicator for creating signals. Blue is neutral. Green is buy and red is sell. A hollow green circle followed by a regular green indicates a strong buy while a hollow red circle...