Today I am glad to bring you an amazing simple and efficient scalper strategy.
Best suited for 1M time frame and majors currency pairs.
Its made of :
Ema (exponential moving average) , long period 25
Ema(exponential moving average) Predictive, long period 50,
Ema(exponential moving average) Predictive, long period 100
Risk management , risking % of...
Today I am glad to provide you a strategy based on the wave trend oscillator. If you want to use it as an indicator, just disable long and short to not make any shops.
It works on all time frames.
The way it works its like an RSI .
We have overbought and oversold levels, and together with a channel and length we calculate the wave trend.
This system can be used on all timeframes. It works on scalping, daytrading and swing trading.
Its made from a Baseline slow and fast , together with MACD, Stochastic RSI and a risk management for SL/TP using pip points and a trailing stop .
The strategy for entry its the next one:
We first wait for the cross between the baselines.
Once this happens, then we...
This strategy is designed for daytrade charts.
Its made from
EMA 4 / EMA 8 to check for crosses
RSI levels for overbough/oversold
For entry, we check first if the ema 4 crossed ema 8
Secondly we confirm by checking the level of RSI level
Finally we confirm with CCI level
If all of them are on the same page we enter.
For exit we have a fixed...
Hey, I am glad to present you one of the strategies where I put a lot of time in it.
This strategy can be adapted to all type of timecharts like scalping, daytrading or swing.
The context is the next one :
First we have the ATR to calculate our TP/SL points. At the same time we have another rule once we enter(we enter based on % risk from total equity, in this...
This strategy is still in working.
For it I check a x amount of candles in the past if they been for example all red/green in row, and based on that I enter. For example candle 7 < candle 6 .... candle 3 < candle 2 .... candle 1 < candle current for long and viceversa for short.
After that,once the trade is initiated, I exit based on 2 possibilities :...
A weird indicator to catch tops/bottoms and scalp with the signals. You should buy/sell with the signals but you should also analyze the chart manually before jumping straight into the trade. One of the most important thing is the middle VIDYA line. It is a very strong support/resistance and if you've taken a long/short from top/bottom, you might want to target...
In this script I combined SSL channel with RSI and EMA 200 mainly.
Can be modified to apply EMA 50/100 condition aswell.
Also contains SL/TP in pip points to play with.
Credits goes to :
@ErwinBeckers for ssl
@Skrymtn for EMA crossover
For more details/ improvements feel free to message me.
*Modified version of my Scalpy indicator replacing RSI with MFI*
It is made up of a 2 main parts.
- The cloud comprising of a 10 period SMA and a 30 period SMA .
- When the cloud is green you should be looking for long entries.
- When the cloud is red you should be looking for short entries.
- Price is most bullish above a green cloud and most bearish below a...
An aggressive scalping indicator designed for short timeframes.
Made up of:
- The 21 and 55 EMA, but these are customisable to be any length and either the: ema, sma, tema, hma or wma
- The TD sequential
- Support & resistance zones which are indicated by red and green shaded horizontal areas
The TD numbers 8 and 9 signal a possible turning point, especially if...
This script uses @cheatcountry script to determine Ehlers Bandpass Filter.
Backtest offers 3 capital management tools. One that will always calculate order size as initial capital/close, one that uses the same calculation but adds or substracts profit. The last one allows you to enter manually the size you want to trade.
The time-based stop will close the...
Transaction setup parameters
Time frame: M5, M15
Currency pair: EUR / USD , GPB / USD
Transaction: London, USA
Number of orders / day: 10 - 15 orders
=== BUY ===
Candles close on the upper Keltner
EMA10 crosses the upper Keltner range from below
Stop loss in the middle band or up to 12 pips
Profit target: 15-25 pips
This script looks for a set up condition where 5 consecutive candles have broken away from the fast EMA (set to 8 by default) followed by a "trigger" candle that crosses back over the fast EMA but not the medium EMA (set to 13 by default). It then determines the entry point based on the bar high or low (not tail or wick) depending on direction of the trend. Once...
The BandPass Filter was created by John Ehlers (Cycle Analytics For Traders pgs 56-57) and this indicator only works well in choppy markets so I figured it would be useful for the scalpers out there. As you will notice it correctly identifies the peaks and valleys in the underlying stock data but it doesn't work as well when the stock is trending. The black line...
The Super PassBand Filter was created by John Ehlers (Stocks & Commodities V. 34:07 (10–13)) and this is a pretty useful indicator to let you know how volatile the market is right now. This is useful for scalpers because this lets you avoid the choppy markets (usually when the rms is 1.50 or less but feel free to choose your own level) and gives you good entry and...
The Alternate Signal To Noise Ratio was created by John Ehlers (Rocket Science For Traders pgs 84-85) and this is a variation of his signal to noise ratio that some scalpers might find more useful than his default signal to noise ratio. You would want to buy and sell when the indicator is above the dotted line because that means the stock is volatile enough to...
What is this? : This script prints simple Heikin Ashi candles
Why this script? : This script has a specific visual trait, that makes it looks like a clean black line on the 1min timeframe when completely zoomed out. Because of this the chart looks clear instead of messy, even on max field of view....