determining the risks by looking for the divergence of price from moving averages support line
This script displays two lines (orange line and white line) that are averages of five MAs. ●Display 1 hour chart ●Buy entry (Green↑) Close price of an candlestick is above the two MAs. ●Early buy entry (purple↑) Close price of an candlestick is above the orange line. ●Stop Close price of an candlestick is below the orange line. ●Exit Any (price action, etc.) If...
Test of dynamic channels and some statistics made by hand. This indicator was done specifically for the S&P500 index. As you can see, below the 125 EMA there's a lot more volatility than in the upside. I've made some kind of a dynamic linear regression of the lows and the highs. I've chosen the MA that best fits the SPX, and then calculated in Excel the...
This startegy uses Fib level (0.618) of Bollinger Band for long entry. I find this is the only strategy which gives similar results on the different time frames. I have tested QQQ for 1H, 2H , 3H and 4H charts , all showed over 70% winning rate. BB settings 50 , mult 1.5 (or you can use 2.5 or 3 ) Note: for the basis I have used VWMA instead of SMA...
I want to give credits to @QuantNomad, i got the heikin ashi part of the script from this open script /0iKy7lyG-QuantNomad-Heikin-Ashi-PSAR-Strategy/; and to the other guy that provided a 17 type of moving average script open source but i forgot his name, if someone remember please tell me. My idea was to see how the different types of moving averages behaves in...
This one is pretty straightforward. The price bars are colored based on the position of two moving averages. This setting can be applied anywhere the crossing of two EMAs appear meaningful. Coloring the price bars remove any ambiguity and makes the price action stand out. Applying this setting to multiple time frames is where it will shine!