"Buy at the level of maximum fear when everyone is selling." - says a well-known among traders wisdom. If an asset's price declines significantly from the most recent highest value or established range, traders start to worry. The higher the drawdown gets, the more fear market participants experience. During a sell-off, a feedback loop arises, in which the...
This is a volume spread analysis/ breadth type indicator. Compares average bar size to the average volume. Looks for small bar and high volume.
hello, it allows you to see both rsi and ma and ema values on the same screen. You can set the levels you want in the Aarlar section. You can make the coloring you want.
This is for 9 and 20 Exponential Moving Averages to identify buy and sell opportunities
สัญญาณซื้อ/ขาย : มาจาก Moving Average สองเส้นตัดกัน Stop Loss : มาจากราคาต่ำสุด/สูงสุดของช่วงระหว่าง Moving Average สองเส้นตัดกันก่อนหน้ากับ Moving Average ตัดกันปัจจุบัน
Implements and backtests a simple 200 day moving average trend following rules based on last day of month to limits trades to 12 per year. From the book : 5 BEST Moving Average Strategies (That beat buy and hold) by Steve Burns and Holly Burns Click on the cog to set the input date range eg; 2000-01-01 to 2016-12-31 The book back tested SP500 returns from...
New multi-indicator to merge together three of the most popular indicators used by traders in technical analysis: 1) Ichimoku Cloud, with parameters editable by the trader. Default parameters are: 9-26-52-26 2) 3X Simple Moving Average (SMA), with periods editable by the trader. Default periods are: 20-50-200 3) 3X Exponential Moving Average (EMA), with periods...
Introduction: This strategy is a modification of the “3-day Mean Reversion Strategy” from the book "High Probability ETF Trading" by Larry Connors and Cesar Alvarez. In the book, the authors discuss a high-probability ETF mean reversion strategy for a 1-day time-frame with these simple rules: The price must be above the 200 day SMA and below the 5 day SMA. ...
Here's a quick and simple script that produces yet another Smooth and Lazy Moving Average - SALMA - that helps hide noise caused by extreme price fluctuations to enable better trend visualization and tracking Concept: =========== SALMA is based on a simple concept - we calculate a standard deviation channel of a user-selected width - then correct the price value...
This is a strategy taken from Perry Kaufman's book, Trading Systems and Methods. Just like the title says, it's a breakout strategy. It works by buying when the current high is higher than the last pivot high, and selling when the low is lower than the last pivot low. It does not have a good success probability, and relies on the good reward to risk ratio....
This script shows Pocket Pivots, up-days with higher volume than the last 9 down-days, directly on the chart below current and historic candles. Pocket pivots can be used to find early entry points within a base since it marks institutional buying. Pocket pivots are marked as black dots below the candle for easier identification. The script is largely based on...
10X Moving Averages into 1 indicator - This is the updated V5 for PineScript 5 This moving average indicator lets you quickly visualize what is happening with the price. Color-coded for easy visualization of all 10 MAs at the same time. Fill in colors that let you see expansion and contraction between MAs and also if MAs are above or under each other plus if...
Big Picture: Overall what this script try's to capture is bounces off of moving trend lines. What you will see when using this script one Green line, one red line, two gray lines and circles in colors blue, green, red, and purple. RED AND GREEN LINES: There are two trend lines, an upper and a lower line that are 1 to 2 standard deviations from the linear...
This is an indicator to help determine where the bottom of the market is currently based on the average close of the previous cycle. This is an idea from @Jay_DCA on YouTube and I thought it would be fun to code. Enjoy! How to use: Specify the date at which the bottom of the markets occurred. I added two extra cycle inputs for future usability. So, when the...
Simple crossing of the Tenkan & Kijun Sen indicated by a "Cross". Surfed Tradingview for it, but did not find it, so decided to make one. Does NOT include the Ichimoku Cloud & the Chikou
The MA Visualizer is made up of 5 Moving Averages (MA) All MA change color when the price closes above or below the MA line. The background between the MA line and price will also change color, this creates the Visualizer. When two or more MA are selected the two visualizer's will combine and create a gradient effect. Each MA can be adjusted with 6 source...
HISTORY AND CREDITS Used by John Carter in his indicator’s toolbox. The ATR channels or the Keltner Channels represent the railroads or the natural movement of stocks. WHAT IT DOES Movements between the the The first multiplier lines (white) represent standard movement for the timeframe you are trading. Movements between the second multiplier (green/red...