Breakout
_SP(viaCM)_Opening-Range-FinalChris Moody's script. I just lessened the line/circle width, got rid of the highlighting overall, and reduced the highlighting between OR high and OR low.
Flagging BandsIntroduction
A pun between the word flag and the adjective flagging (less dynamic) , this indicator have two bands who react faster when in contact to the price. Imagine you are under sheets, if you abruptly rise, the sheets will instantaneously go up, then if you abruptly get down, the sheets will fall slowly until being in contact with a surface, this is because of a type of friction called drag or air resistance , this force is described in fluid dynamics and i inspired myself from that for the creation of the indicator.
The indicator
The indicator is made of two bands, one upper band and one lower band, then a weighted average of each bands, this average is weighted depending on which band the price is closer. The length control the period of the indicator, in general higher lengths will create wider bands, you must consider that this parameter behave differently than other ones and may create slower results in comparison with other bands indicators while having the same length period.
The indicator can use a simple breakout methodology (see trailing stop part) but can sometime provide support and resistance points, in fact i believe that when the average variability/volatility of band A is higher than the average variability/volatility of band B and that the price cross band B then price will reverse its direction, this claim is not justified, research is needed.
Trailing Stop Mod
It is possible to make the indicator act as a trailing stop, in order to do so just tick the trailing stop mod box.
The average/bands will automatically disappear being replaced by the trailing stop.
Conclusion
I was just playing around when making the skeleton of the indicator, i hope the code is easy to understand, if you need some kind of explanation just pm me, i'm always open to help people/receive suggestions.
Best Regards
AG Ultimate Bollinger BandsWe believe we have really built the ultimate Bollinger Bands! There are so many options with these Bands:
- use an SMA or EMA for the Basis Moving Average
- displaying the Average Highs/Lows (blue lines) to create a Moving Band
- show breakouts of the Upper/Lower Bollinger Bands with arrows for simplicity (no more wondering whether it closed out or not!)
- show a standard deviation of Highs/Lows alongside the traditional Upper/Lower Bollinger Bands.
All options are togglable, for full flexibility and customisation.
52 Week High/Low to YesterdayThis script adds the 52 weeks (one year) high/low to the chart but it wouldn't update the value on the current trading day, so that it would remain at the same level for the whole trading day. It can come really handy for day trading the day of the 52 weeks high/low breakout/breakdown.
Darvas Box/Turtle Way Breakouts v.2 by ZekisFor those who never heard about these two huge strategies:
* * * Darvas Box Strategy - www.netpicks.com
* * * Turtle Way Strategy - www.investopedia.com
In very short terms, both strategies are based on breakouts, probably the easiest way to trade (with proper education, obviously)
I created this indicator based on highs and lows, which will create support and resistance line, which will create a channel/box.
There is the possibility to :
- change channel/box size
- ride it till it will enter again into the channel/box
- set TPs and SL targets
- set alerts for Long, Short, Close when price enter into the channel, SL
- enable or disable 2 TP targets
- enable or disable 1 SL
- enable or disable middle line
Rules are simple:
1. Go Long when price breaks the upper line
2. Go Short when price breaks the lower line
3. Exit Long/Short when price enter into the channel/box
4. Stop Loss are added for safety
5. Added 2 layers for Take Profits
6. Added middle line that can act as Stop Loss
Legend:
1. White line - channel/box
2. Upper white line followed by green line - price cracked the channel/box - Go Long
3. Lower white line followed by red line - price cracked the channel/box - Go Short
4. Red zone - Stop Loss zone
5. Dotted red line - Stop Loss line
6. Dark green zone - first Take Profit zone
7. First dotted dark green line - first Take Profit target
8. First dotted dark green line followed by dotted lime line - price touched first Take Profit
9. Bright green zone - second Take Profit zone
10. Second dotted dark green line - second Take Profit target
11. Second dotted dark green line followed by dotted lime line - price touched second Take Profit
12. Dotted gray line - channel/box middle line
*** Don't use any indicator without knowing whatyou are doing, there is no such a magic lottery winning ticket
Trade safe!
Enjoy!
@Zekis
Entry and Risk [Robostock]This script is developed with emphasis on trend following strategy and automatic risk calculation.
Follow my telegram channel at t.me or email me at robostock.bot gmail com for inquiry
TradingCryptoCourse Support/ resistance BreakoutThis indicator looks for breakouts above and below the latest highs and lows.
AM HellachoppyThis script shows choppy zones and attempts to estimate the proceeding direction using a variety of methods. The methods used to calculate the estimate are user configurable.
Poseidon - [Swing High Low][Support and Resistance][Reversal]...A great indicator with tons of usages for technical analysis
Act as:
* Support and Resistance (It can be used as breakouts only if you drag the line manualy, it will never break it by itself)
* Swing points
* Reversal point (The candle will reverse in 90% in cases)
* Tops and Bottoms (It finds highest and lowest points)
... and many more TA for strategies
Combined with RSI will give even better overview of the chart
Play with values till you find what your needs are
The bigger value is, the more accurate points will be
(There is no such as magic indicators, you need to do your job, you need to know what are you doing before enter in real life!)
Cheers!
@Zekis
TrendBand NakedSame concept as Trendband Guide script, but now, we can choose any combination of moving average that suite with our own trading style.
Default setting :
Input (candle base on your timeframe)
Breakout Candle : 5 (highest)
Breakdown Candle : 10 (lowest)
Moving Average Line
EMA : default EMA, uncheck for MA
Fast Line : 10
Slow Line : 20
Direction : 50
Long Term : 200
Style
Breakout Line / Breakdown Line : Horizontal line base on breakout or breakdown setting above
Green Triangle : Potential pullback breakout
Red Triangle : Candle make new high but close lower (potential weakness)
Black Triangle : Candle make new low but close higher (potential strength)
Inside Candle : High and low current candle was smaller and within the high and low the previous candle
Background color : Red for positive / uptrend (fast line above slow line) and green for negative/downtrend (fast line below slow line)
Ichimoku A/D Breakoutthis is basically a clone of the super a/d indicator but we're using a standard ichimoku as the source for the trend instead of the supertrend indicator
Breakout IndicatorThis script allows you to set breakout alerts.
An alert will be triggered only when price breaks and closes beyond the specified prices. You will get an alert on the first candle that closes beyond the levels you set.
Trend Follower With Help of Donchian Channels - TFWHDCThis is a simple Day Trade indicator, but can be used for swing and long term trades.
It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows.
The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout occurs the current and the next bars are colored red (default). This way this indicator can show if its an uptrend or a downtrend.
I hope this indicator will be useful for many traders!
Thank you!
Breakout/Consolidation Filter [jwammo12]This indicator acts as a filter for determining recent breakouts and consolidations in price.
The first way to use the indicator is with a short lookback period. It then will paint yellow most of the time, with red marking a sharp recent breakdown in price and green marking a sharp breakout in price. This can be used to follow the breakout, or to fade it.
The second way to use the indicator is a long lookback period. This will change the output to be colored most of the time, with small sections of yellow. The yellow indicators areas where price has not made a large move in a while, or periods of consolidation. This can then be used to plan reversal trades, or follows any new trend.
The blue line is a Average True Range Percent Rank, when this value is high, it means that breakouts are less likely to trigger, since price has been moving rapidly recently, and a relative breakout would have to be a large move. When the line is low, breakouts will trigger more easily, since price has been moving relatively slowly
Blockgain INTRA-SWING SignalsRules 1h to 4h for Crypto:
- This script should be used as confirmation of an entry that the trader is preparing, since the signal can move 2 or 3 candles because it is calculating the chances of a rally in that area.
- The S and B are Stoch crosses in overbought and oversold
- The green and red triangles indicate new maximums and new minima of 4 candles back
- EMAS 10, 26, 50 refer to Ichimoku
Tenkan-sen (9) (10), Kijun-sen (26), Senkou Span B (52) (50)
- Supports and resistances calculated at 20 candles
Study INTRA-SWINGContent
- ema of 50 changes color if the price is above or below it
-ema of 10 yellow
-ema of 200 white
- Green triangles under the candles indicate new maxima compared to the previous 4 candles
-Red triangles indicate new minima with respect to the previous 4 candles
-the green and orange arrows of high altitude indicate Longs and Shorts for Intradia or Swing (recommended in temporalities from 1h to 4h), for more temporality should change the period for a greater one
-Alarms for:
- Green and red triangles like Break Out, Break Down
-Long ARROW green arrow
-Orange arrow SHORT ARROW
// NOTE: this Script is in Beta mode and next updates will be made
Zeus Pivot Points Support and Resistance Breakouts by ZekisZeus Pivot Support and Resistance Breakouts by Zekis
Is an indicator with big results, it forms new support /resistance according to the last higher high or lower low (it prints new ones only if it breaks through the last one)
Rules:
- enter Long or Short when the support or resistance is craked
- exit when new support or resistance is starts to form
Alerts for entries and exits
A moving average is added to filter signals (leave it at 1 for price close signals)
Bar colors can be added to see longs, shorts or no position
Background colors for longs, shorts or no position
Enjoy!
@Zekis
BuySell Gold Test Script by Breakout and SR zone I test this for test overall report and set fix price after 14 dec 2018 that i set from manual trade in zone.
will improve to better automate again after this.
