This indicator uses a combination of the VWAP, EMA 9 and parts of the MACD in order to detect a bullish or bearish trend.
How to trade it:
Set SL either below or above the VWAP line (orange) and TP to 1:1.5 ratio (depending on last few candles, of course).
If EMA200 is close by then place SL either below or above EMA200 (blue) and TP to 1:1.5 ratio
...
A simple indicator of trend by using 3 EMAs of multiplies of 2, 5 and 10, filtered by standard positive/negative directional movements (DM) which are the base of Average Directional Index (ADX).
The "Trend Strength" option is included to set the EMA multipliers and also the variation between DM+ and DM- which interpret the trend as a weak or a strong one.
Note...
This is a very simple " the trend is your friend " indicator - if you are consistent!
How this indicator works:
This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend.
UP-TREND: If the price is above the EMA200, the...
This scrip exposes 4 Exponential Moving Average (EMA) indicators which their visibility can be set to a daily or weekly time-frame (aka intervals). Based on your current chart time-frame, the matching EMA indicators come on and off.
This helps to have meaningful EMAs relevant to your time internal.
In a traditional 10 EMA indicates a plotted indicator would bear...
How this indicator works:
This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend.
UP-TREND: If the MACD is below 0 and crosses up the signal line, then this is a BUY signal!
DOWN-TREND: If the MACD is above 0 and...
20 EMA Daytrading Strategy
This strategy creates long and short signals based on a 20 EMA crossing condition. Works well in 4H timeframes or higher. Accuracy is around 60%.
BUY
When a green candle crosses above 20 EMA
Followed by another green candle which closes above the previous candle high
SELL
When a red candle crosses below 20 EMA
Followed...
Allows for 3 SMAs and One EMA, Combined with Buy/Sell Indicator
Defaults to following settings:
9 SMA - Red
50 SMA - Blue
180 SMA - White
20 EMA - Yellow
Input Values and Colors can be modified
Recommend changes to the Style default
-uncheck SMA2
-uncheck Buy/Sell Chart Line
Study Name: Elder-Keltner-Impulse-MA Study by STTA
English:
This indicator shows in a combined way three Keltner Channels with EMA21 and multiplier 1,3,5, the Elder Impulse System and a short EMA 11 to recognize the valuation zone, according to various strategies of Dr. Alexander Elder.
This indicator can be applied on all symbols.
Inputs: displayed...
Here's an updated version of the CBG Keltner Channel indicator.
1. Added a new option for painting bars and backgrounds.
- Option 5 will paint up bars if the midline moving average is moving up and price is above the control moving average. It will paint down bars if the opposite is true. If neither are true, it will paint a neutral color. The neutral color...
Strategy for RSPRO indicator
Based on resistance/support and bollinger band fluctuations this indicator also has filter with x bars after RSI overbought/oversell zones from settings.
There are two types of entries and signals: early (usually before trend changes) and main (when trend started to reverse)
Fits for BTC and any altcoins. And any assets. Good for...
This strategy was developed in order to optimize 'bull' and 'bear' entry and exit signals based on a set of relatively basic but unique parameters, consisting of Exponential Moving Averages, candlestick formation, as well as data from the common RSI and MACD indicators.
Revisions should be expected as my goal with this strategy is to collect data by manipulating...
Hello, I'm playing around with EMA and I found combine change value of Price and RSI create interesting Moving Average to combine with EMA
Basically I just increase up and down sensitivity with RSI as source.
I think it does visualise Bull and Bear momentum better
When Price above EMA and and Price above EMARSI and EMARSI above EMA = Strong Bull, vice versa
and...
"you must have" indicator if you trade Forex major pairs.
So far this is the most reliable script i have for trade forex pairs.
This indicator will give us information of momentum, strength and cycle.
What i like about Z-SCORE, it's calculate price and volume.
Setting :
1. Set Color 0 and Color 2 into thick line, it will give you strength information.
The...
Hello guys.
This is RSI Currency Strength with less noise, combine with my Price CSI to get the best result.
How it works :
This Indicator (on bottom) will tell you RSI information, and my other indicator I mentioned above (on the middle) will tell you price movement.
Sometimes when RSI up doesn't mean Price will go up, that's why divergence happen.
So...
Based on resistance/support and bollinger band fluctuations this indicator also has filter with x bars after RSI overbought/oversell zones from settings.
Indicator has alerts for LONG(BUY)/SHORT(SELL) signals with green/red squares/triangles. You can setup alerts to use different types of entries.
There are two types of entries and signals: early (usually before...
Bunch of numbers is part of a strategy project where conditions for trade entry and exit are evaluated
by numbers. I soon realized that the strategy I imagined is too complex and tedious for humans but would be perfect for a machine learning algorithm. For now, this indicator is what the name implies; just a bunch of numbers that may or may not be useful to the...
This little script simply gives you a quick visual cue of where price is compared to a particular EMA of another security or underlying index.
It is based on Nick Radge's broader market filter weekend trend trader system, but can be applied to other timeframes if you want to confirm if the index is in an up trend or down trend.
• Green means the underlying...
