This is a very simple Script that helps guys like me that are trading in two worlds - for those who are using USD markets in Tradingview but trade in EUR Brokers it helps by showing the EUR close price of the last candle with a label. It permanently loads the real current EURUSD close to show you what exactly is the EUR price of your stock or whatever this script...
These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance. The basis is calculate off of the Volume Weighted Moving Average. The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
The Grover Llorens Activator is a trailing stop indicator deeply inspired by the parabolic SAR indicator, and aim to provide early exit points and reversal detection. The indicator was posted not so long ago, you can find it here :
Today a strategy using the indicator...
This strategy uses divergences between three exponential moving averages and their slope directions as well as crosses between the price and these moving averages to switch between a long or short position. The strategy is non-stop in the market and always either long or short.
In addition the moving averages and price bars are colored depending if they are...
DESCRIPTION
Forex Master v4.0 is a mean-reversion algorithm currently optimized for trading the EUR/USD pair on the 5M chart interval. All indicator inputs use the period's closing price and all trades are executed at the open of the period following the period where the trade signal was generated.
There are 3 main components that make up Forex Master v4.0:
...
*** Only works for the 28 pairs of the majors & 'major crosses' tickers, this will not provide analysis for anything else!!***
AUD / CAD / CHF / EUR / GBP / JPY / NZD / USD - mix and match.
Hello,
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...
ATTENTION:
This is a symmetrical algorithm designed only for trading EUR/USD on the 1h time frame. For other currency pairs and time frames, you need to re-calibrate the RSI-EMAs as well as the profit targets and stop losses.
BACKTEST CONDITIONS:
Initial equity = $100,000 (no leverage)
Order size = 100% of equity
Pyramiding = disabled
TRADING RULES:
Long...
This is ATR in pips. This was requested by user @ElixiumCapital on Twitter. ATRPIPs in his words:
How to use: Change the chart to the Daily time frame. The indicators value e.g. 0.0105 means that the average daily range of the past 5 trading days is 105 pips. (On standard pairs like EURUSD, GBPUSD)
"ATR PIPs is useful for finding markets with your desired...
This indicator colors volume bars that are significantly higher volume than the vol moving average ( SMA ). Utilizes two multiplier that can be adjusted by user. Defaults are that the indicator colors volume bars yellow if 20% higher than average, and orange if over 50% higher than average.
Reason why i created this indicator is i typically don't care about...
(i) Arrow represent trade setup
(ii) Circle represent triggering of the trade
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1. Where to place stop loss?
2. Where to exit the trade?
3. How to protect gains in your trade?
4. How to apply money management rule?
5. How to trade gap opening?
VERY IMPORTANT : THIS STRATEGY WAS MADE WITH LEVERAGE IN MIND
You need atleast 20X LEVERAGE ACCOUNT IN ORDER TO WORK PROPERLY.
With high rewards come high risk .
If you dont want to use leverage, use a risk % of less than 0.25 %.
The below example is without use of leverage on a capital 100.000 risking only 0.25% on each trade
This is a breakout strategy,...
This is a simple version of taking bull and bear positions.
Time Frame: Although the time frame decided while making the script was for 1 minute chart, but after checking, even Daily charts work good.
Asset class: The underlying here, is XAUUSD (GOLD) but confirmatory strong positional trades on stocks for intraday purposes.
Condition: The signals are meaningful...
Hey, today I bring you another strategy that I pull up together.
Its a KISS system ( keep it stupid simple )
We have 2 ma of 5 lenght each, one applied to the high and the other to low. With this we create a channel.
If the candle close above or below the channel we got a signal. Then we can optionally verify with the RSI to increase our chances.
At the same...
Sharing one more strategy after getting good feedback on my earlier published strategy.
This is simple volatility stop strategy where in we are using VStop as entry and exit point.
Again smart traders can add MA to decide the trend and can avoid trading in opposite direction of trend which will help them to minimize...
Please do read the information below as well, especially if you are new to Forex.
The Cowabunga System is a type of Mechanical Trading System that filters trades based on the trend of the 4 hour chart with EMAs and some other familiar indicators (RSI, Stochastics and MACD) while entering trades base on 15 minute chart.
I have coded (quite amateurishly) the basic...
This is version 2 of my Forex Master algorithm originally posted here:
BACKTEST CONDITIONS:
Initial equity = $100,000 (no leverage)
Order size = 100% of equity
Pyramiding = disabled
TRADING RULES:
Long entry = EMA5(RSI20) cross> 50
Profit limit = 50 pips
Stop loss = 50 pips
Short...
![GBPUSD: ATR Pips [LazyBear] [Fixed by Elixium]](https://s3.tradingview.com/m/mGfha5r9_mid.png "ATR Pips [LazyBear] [Fixed by Elixium]")
