The old adage goes "Cut losers fast and let the winners run"
With this in mind, this will plot a dynamic trailing stop by subtracting any multiplier of the Average True Range (ATR) from the SMA of your choice.
This script is phycological similar to my Quantum candles series. So it is completely left field and may not suit everyone.
Antimatter Candles push the stock/symbol into negative antimatter universe where up is down and down is up.
In the antimatter universe, when 'actual' index goes up, the antimatter index goes down and vice versa. It means Green in the...
When market chooses to go uptrend or downtrend, the equilibrium between buyers and sellers vanishes and the trend with the different qualifications forms. The number of balanced and unbalanced periods of a trend can relate to it's weakness/strength.
Using indicators like ichimoku can initially help us to simply understand these concept.
1- When Kj...
Detect Sequential Trading - Bot Detector.
This tool requires access to volume data.
There are many trading bots out there, that trade 24/7.
The detector can be used to understand how the bots are configured - to push the market up or down.
Alerts can be set to fire whenever a bot pattern is detected.
They must be configured to run Once per Bar.
It works well...
This indicator finds possible points of reversion, you can use it to stack positions and get a good average price for when the price changes direction, it is the trader responsibility to manage the position and make a profit.
An intraday indicator which plots the 3 different VWAP.
1. D-VWAP shows VWAP from the first candle of the day
2. W-VWAP shows VWAP from the first candle of the week
3. M-VWAP shows VWAP from the first candle of the month
This code is for defining or explaining market conditions via micro trend and the characterized bars.
lines 5,6: show the conditions for a normal trend, means market can go in the direction that it has in the past.
lines 11,12: show the conditions for kind of the trend having cumulative energy itself, mean market can go in the same direction.
lines 18,19: show...
Trailing stops play a key role in technical analysis and are extremely popular trend following indicators. Their main strength lie in their ability to minimize whipsaws while conserving a decent reactivity, the most popular ones include the Supertrend, Parabolic SAR and Gann Hilo activator. However, and like many indicators, most trailing stops assume an...
This is user 100PipsADay's strategy ,third screen strategy , or triple screen strategy.
But this version uses the impulse system to determine trend (uses macd histogram and ema directions).
Remember, you must use on 1 hr timeframe in order to have the correct parameters.
New record highs is good time to look at a market crash indicators )
This is a Hindenburg Omen indicator.
The Hindenburg Omen looks for a statistical deviation from the premise that under normal conditions, securities are either making new 52-week highs or 52-week lows. The abnormality would be if both were occurring at the same time. According to the...
I've not seen any reprensentation of this type based on CCI chanel....
This indicator is an hybrid between CCI and MACD.
The CCI MACD line is calculated using a moving average between 2 CCI period a (FastCCI - SlowCCI) aplied on the (Fast + Slow) periods
The CCI signal line is a moving average of (CCI MACD line, on the signal line smoothing length.