This indicator helps you defining your max sizing, depending on the max $$$ amount you're willing to risk against a specific exponential moving average (or VWAP, default is the 13ema). You can define your max risk amount and your max allowed sizing. The indicator would suggest the best sizing in order to risk only up to the amount you are comfortable with on a...
This indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe of certain currency pairs, but will work on all timeframes and instruments. The rules are customizable, but the default settings are designed to reflect the rules of Steven's pullback strategy as closely as possible. ...
By request this is an updated version of the "PullBack Trading Tool": removes experimental "OCC" channel, added option to display ribbons or just single moving average lines, added alert arrows for "PB" exits, added alertcondition for TV alarm subsystem, added some extract options for Pivot points and general cleanup of code. Description: This project...
HOW IT WORKS Creates two murrey math oscillators (hidden) one with 256 length another with 32 length and compare each other. WHAT GIVE ME THIS SCRIPT The script can give you very valuable information: - Main Trend - Pullbacks detections - Extreme overbought oversold prices alerts - Divergences - Any timeframe usage REFERENCES OF USAGE Main Trend...
For those who are interested with this strategy, Here is a better version.
Hello Fellas, Hope you are trading fantastic and fine. Here is another setup from Steve Primo (Stocks) Setups. He claims this can be applied on any market, and you can. Primarily focused on Stocks and Futures market. NOTE : I DID CODE THE BOTTOM INDICATOR, NOT PUBLISHING IT, ITS JUST RSI(5) What did I change, ofcourse I don't publish what I find, There is a...
EXPERIMENTAL: this script can be used as a trend follower if bgcolor is active, it can be used to catch extremes and target levels for a pull back to the mean, can be used as support and resistance with the time period open price and extreme. other uses, improvements let me know :p.