I was reading Jesse Stine's Insider Buy Superstocks book, and one of the technical traits he mentioned of a superstock (read the book, seriously, very strongly recommended) was a breakout above the 30 weekly moving average. He goes on to mention that after breakout, the 10 WMA often acts as a support line where you can add to your position. This script is inspired...
This script is a Pinescript adaptation of this FXCM/LUA script
Draws a flexible number of moving averages between 1 and 5 - with a end result looking like a rainbow
Each Moving Average is defined as a Moving Average of the previous MA
The first MA is based on candle close
MA = MA of Price
MA = MA of MA
MA= MA of MA
Underworld hunter is a combination of triple smoothed moving average, its 1.8 deviations and RSI printed right into your chart. All its parameters can be modified in order to deliver maximum benefit.
Original idea was to identify areas of correction. When RSI extreme disappears and the price is outside of deviations, I would have gone against the trend and wait...
MAMA ( Ehlers ) MESA Adaptive Moving Average:
What it is and how it works
MESA Phasor is the most advanced futures trading program on the market!
MESA Phasor derives its name from the sinewave generator you probably recall from your high school trigonometry class. As you can see in the diagram, the rotating phasor generates a sine wave in the time domain,...
Chaloke System Strategy
This is a trend indicator
Atr and 3 moving averages are used
Short 9-day moving average,Medium 15-day moving average,Calculated with a long 24-day moving average.
Atr period : 5
Sht,Mid,Lng calculation method is different
long = crossover(Sht,Mid) and close > Sht
short = crossunder(Sht, Lng ) or close <...
This indicator plots on the chart the parameters and signals of the Price Action and 3 EMAs Momentum plus Sessions Filter Algorithmic Strategy. The strategy trades based on time-series (absolute) and relative momentum of price close, highs, lows and 3 EMAs.
I am still learning PS and therefore I have only been able to write the indicator up to the Signal...
If you need help determining intraday trend, bullish or bearish, this is what I use. The value of this study/indicator is that it you can use any intraday time and regardless of the timeframe, it sill shows the lines on 30-min chart (doesn't show up on daily, weekly, monthly, intraday only)
HOW TO USE:
above both purple lines = bullish
below both purple lines =...
Market: Stocks and ETF's
This overlay shows the deviation of the exponential moving average of the mid candle price of the currently loaded chart, away from the exponential moving average of the S&P and DOW combined and averaged mid candle price. The top and bottom lines also give a visual perspective of what a certain percentage (default 1%) looks like on the...
Oscillator with trend indicator. Make "BUY" decisions when the oscillator is oversold and the trend indicator is overbought above the EMA or "SELL" when the oscillator is overbought and the trend indicator is oversold below the EMA. With support from the "Binary Technique Alert".
Forex and Binary Options
Improve the accuracy of reverse sign
Adding a signature using only RCI
We have set a period such as EMA to use 5 minute bars and the first band is period 60 and 100 EMA . The color of the belt changes according to the...
This script presents the real VWAP (Yellow line), in 50 period VWAP (Blue Line) and the 120 period VWAP (Red Line). Additionally, it presents the values of 1 and 1,618 standard deviations of the VWAP of 50 periods.
This confirmation allows to visualize the behavior of the price in realicon to the VWAP key indicator that represents the midpoint of the operating...
This strategy is built to prove the profitability of my Underworld Hunter indicator. It tests two different strategies. I won't be going into the calculation again since it is part of the original script. I just made a few adjustments.
First one is clearly visual. It plots slimmer twin-coloured lines now and has a different colour for every extreme level. Second...
This script tracks the crossing of the 10EMA on the 3h timeframe and the 200EMA on the 1h timeframe to open LONGS and SHORTS. Whether those LONGS or SHORTS actually trigger is based on the first 2 EMA's position in relation to a 3rd "controller" EMA.
This indicator has the composition of several Moving Averages, each one has different periods to confirm entry points in the price. You have to find that the price is close to the moving averages which work as dynamic support or resistance.
As such, there is no strategy for this indicator, but it will help you use good entry points. You have to identify the trend...