modified version of "CM_RSI_2_Strat_Lower_Indicator". credit to CM for the hard work. updates: 1. now includes inputs for SMA values and RSI values 2. contains option to trigger Alerts. how to trigger alerts? -In First Drop Down Box Select Name of Indicator -In Drop Down to Right Select “RSI Alert....” -Then Select “Greater Than”. -Then Select “Value” -To the...
This script helps identify indecision candles on for better entries into trade reversals. Note that I don't believe this signal/indicator should be used as a sole basis for entering/exiting a trade. This is simply to help you have an edge in terms of your chart/candle analysis when your brain fails to keep up with your trades.
This indicator drops to EMA on your chart. by default it's using different number of bars to calculate the short and long range indicators per time frame. This system is wildly used by professionals to avoid false reading on market's trend and better make decisions. Remember, the crossing of these two indicators should not be used for getting a signal. Instead,...
This study project is an updated version of the implementation of the "Stochastic False BAR" indicator. Description: The standard Stochastic buy/sell indications come from Stochastic crosses about the standard overbought/oversold zones (80/20). This does not always work and you get stuck in the OB/OS zones with a trend continuation. Utilising a second much...
The Fader indicator finds the moment when trends begin to reverse. It locks down a quick profit which makes it very effective. It also calculates if it's better to stay or leave after a day of having opened the position. Flags tell you when to buy or sell, red triangles indicate losses whereas green triangles indicate earnings. It has been tested with over 15...
This indicator can be useful for analyzing trends and for effective entry and exit points. The buy entry point is above 0 and the blue line. The buy exit point is below the blue line. The sell entry point is below 0 and the blue line. The sell exit point is above the blue line. Don't need any settings. Custom alerts are available.
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.
Panicking over a big ass candle? wondering what's happening on a flat market? Despair no more, this indicator could help with that :) The market Shaker calculates the price differences, and weights them with the volume used for the move. This volume is not the plain value, but a measure of the past X volume candles. Examples: price moves 3%, but with a volume...
Version 3 for you guys, just add to favorites and you can use. Only 36 trades since 2017, since that is when the backtesting began. I made the commission more realistic, now it is about 37 pips per trade. Only works on gold, (XAUUSD). Trend Following as you can see. 1 contract size, 1 trade at a time, good proof of how being correct less than a third of the...
MACD Overlay indicator plots the MACD directly on price. This helps you better understand the MACD indicator and filter the false signals.
Indicator utilizing a flexible renko (and other indicators assembled in a proprietary way) to "soften" the turbulence. A down-turn in renko combined with a red color signals a sell. An up-turn in renko combined with an aqua color signals a buy. Manually backtested: SPY, JNK, from May 2015 to present: 40%, 24% respectively. Can be used for day-trading or position...
This script is called GMAE Original by me (Kevin Manrrique). I'm publishing this to the public because we are all traders and we need to support each other as a TVcommunity. This is something I built for fun. This script uses a series of EMA's. NO REPAINT, NO LAGGING! It works better for short-term trends as you can see. Please leave the copyright on the script at...
Multiple moving averages in one indicator, so those of you without a pro membership can add multiple moving averages to your chart while only taking up 1 of the 3 indicators.
Sorta Smoothed MF index... Play with MF and smoothing periods.
Here is a solution to find entry points to trade. This indicator highlights price sections with low choppiness, where both the ADX (Average Directional Index) indicator shows strong movement (up or down!) in the price and a customized Money Flow indicator (which uses only the change of the volume not the change of the price, hence a Volume Flow indicator), also...