I just test&learn pine script...
Damn, what should I write here? So... Its just a differense between the logarithms of two prices of different periods (You can set the period you want)... And it looks really nice... Ahem...
I hope, you enjoy this piece of... Have a nice day, my dear.
This script plots 2 lines which are the 2013 and 2016 bull run. The plots are aligned on their mid cycles to the 2021 mid cycle.
You can move the plots on the x and y axis in the settings for the Daily, Weekly and Monthly TFs.
The plot is weird on the Monthly TF, best to use the Daily and Weekly.
If it doesn't load at first you have to zoom out fully...
Triple Modified Hull Moving Average Cross By
What is this?
this is a modified formula for Hull moving average, it is more accurate and predicts the golden and death cross earlier.
How to use?
Work better in high time frames (1D,1W)
the white line vs the red and the orange lines :
1 - when the white line crosses the red and the orange lines from the ...
Using the crossings of two Moving Averages to trade in a trading strategy is a Trend-Following approach. As the name would suggest, to be successful, it requires the asset to be on-trend.
The general limit of a common strategy based on Moving Averages is that they underperform when the market is less volatile or trading sideways. When volatility compresses, the...