//@version=4 study("MultipSMMA 5-9-13-21-35-50-100", overlay = true) getSma(src, len) => float smma = 0.0000000 // len = input(7, minval=1, title="Length") // src = input(close, title="Source") smma := na(smma ) ? sma(src, len) : (smma * (len - 1) + src) / len //plot(smma, color=color.red) smma plot(getSma(close, input(5, "Sma 5...
Updating an older concept here with some more oversold/overbought zones. Pretty self explanatory, red zone indicate overbought zones and green zone is a oversold. Often, price likes to bounce off of the lower bounds of these zones, but it can sometimes extend all the way through the zone onto the upper boundary. There are many lines to this indicator, i prefer...
Adjustable Multi-EMA with timeframe and offset functionality inputs. Hope you enjoy! Default Settings: TF = Day Offset=0 Entry EMA = 10 Fast EMA = 21 Medium EMA = 50 Slow EMA = 100 Fast EMA = 200
Based on Range breakout on opening sessions, you can change your opening according to your time . by default it set for London opens.
This script is simple designed to plot the daily settlement to any Securities traded on B3, Brazilian stock exchange. The daily settlement is an important price where position traders are adjusted every day. This adjustment is defined by the exchange itself every day at approximately 4 pm, with an average of all trades in this window. We consider that the...
It is the first version of the crossover function which returns an arrow with the text "LONG"
I put this script together to essentially consolidate a number of scripts that I use on a daily basis into one script. This is an ongoing improvement effort, so there may be some garbage in here right now so keep that in mind if you intend to use this to help in your trading. There are 5 moving averages (Hull). I use the Fast, Mid and Slow to find entries after I...
Hello traders, Although this strategy is configured on BTCUSDT , with a changing of settings, it can be used on any trading instrument. Here it is seen, on the 2 hour chart. With Trading Fees included in result (adjust to suit your exchange fees). The candle crossover is set to Daily timeframe. That means that the Candle crossover is going to see if todays price...
This script retrieves user definable EMA values from different timeframes and plots a Horizontal Line on the chart for the corresponding timeframe. Labels are switchable as well. This can help you identify an EMA squeeze on lower time frames quickly. In this image, I'm viewing QRDO on 1HR and can tell that the price is just above the D10.
Choose two completely different moving averages and determine crossover points. Feel free to copy and paste the code into any strategy using MA crosses in order to optimize backtesting.
- Entry Point : base on MA20, MA50, MA100, MA200. - Exit Point : base on stop loss, MA and trailing stop.
The indicator shows two EMA. One superior and one inferior. The prices used to generate the EMA are diferent. For the superior EMA the price comes from the superior part of a Donchian Channel with the same period as the EMA. For the inferior EMA the price comes from the inferior part of the same Donchian Chanell. There is a superior limit and a inferior limit to...
Hello all, This indicator returns below selected indicators values with entered parameters. Also you can add factorization, functions candles, function HeikinAshi and more to the plot. VERSION: Version 1: returns series only source and Length with already defined default values Version 2: returns series with source, Length, p1 and p2 parameters according to...
My interpretation of Danielle Shay's popular SimplerTrading TrendStrength Turbo indicator. The TrendStrength indicator is based on a Fibonacci-based stacked EMA arrangement using the 5, 8, 13, 21 and 34 EMAs: -> Green bars indicate an uptrend i.e. when the EMAs are positively stacked - there is more upward pressure than downward pressure in the price; -> Red bars...
This moving average contain three moving averages , where two moving average corssover work and 1 moving average corssover on candle when candle cross above or below moving average 10 or 5 its gives signals buy or sell .... not work in ranging market . backtest first before use in real trading for study how its work on chart. thank you
Not sure if a similar indicator already exist, so I created my own. After creating this indicator, I realize it looks very similar to MACD. However, it strictly uses Hull moving average in its calculation for the lines. MAROC is simply Moving Average Rate of Change. This is a trend-following indicator that calculates the rate of change on two Hull moving...
This version of Donchian Channels uses two source options so that one can create a channel using highs and lows rather than one or the other or closes. My thinking was that this would create a more accurate portrayal of price action (or at least contain the greatest scope of it) as seen through the lens of a Donchian Channel. This was actually part of the genesis...