The Pearson coefficient is a type of correlation coefficient that represents the relationship between two variables that are measured on the same interval or ratio scale. It's a measure of the strength of the association between two continuous variables. This script allows you to choose one or more sources as a curve, if several sources are chosen, their...
MACD Divergence + MTF Indicator / EMA by @DaviddTech Long : * Find Divergence in the MACD line * Multi Time Frame EMA 50 15 minutes above Multi Time Frame EMA 50 60 minutes * MACD and Signal line are below the 0 line * MACD crosses above the Signal line Short : * Find Divergence in the MACD line * Multi Time Frame EMA 50 15 minutes below Multi Time Frame EMA 50...
This is the incomplete version but upon multiple requests, I have released it early. All of the strategy and alert functions are yet to be written and I'll get around to it soon. This indicator aims to be the best TDI indicator on TradingView. It is a strategy or study. It will have all of the filter, entry, and exit conditions for the strategies around the...
This is the strategy script relating to the already-published MA-SS Indicator Study. Backtest properties for the strategy tester results shown below are; - 10k initial capital - 50% of equity - 0.0075% commission - zero values on everything else The MA-SS Indicator is a simple yet effective indicator using a combination of EMAs and SSL channel, utilising higher...
This strategy uses 60 minute and 15 minute stochastic data to determine entry and exit; it only executes long trades. I've only used this on BTC/USD, but I imagine the concepts employed should hold for any ticker The script builds a simple Stochastic indicator for the current timeframe, and it also plots a single stochastic line for a higher resolution time...
Heatmap - Multi-Timeframe Indicators - Strategy ▪ Main features : - 19 Timeframes: 1m, 3m, 5m, 10m, 15m, 30m, 45m, 1h, 2h, 3h, 4h, 5h, 6h, 8h, 10h, 12h, 1D, 1W, 1M - 6 indicators per timeframe - choose specific timeframes for indicators (example - 1 hour) - or choose...
This is a strategy adapted initially for Mavilim moving average indicator, based on WMA MA. It seems to works amazingly on long term markets, like stocks, some futures, some comodities and so on. In this strategy, I form initially the candle, using EMA values, so I take the EMA of last 50 closes, open, highs and lows and form the candle After this I take...
First of all, the idea of apply RSI to VWAP was inspired by XaviZ; at least, that where I first saw that. I simply applied the idea and searched for apply this on lower timeframe (M15) to increase the number of positions and improve the profit factor. The conditions to enter are the same : long : enter on RSI crossover oversold level short : enter on RSI...
Code based on RSI lower value crossing over higher value RSI Rate of Change of different lengths used in all parts of code ADX and CCI use is limited in V1.0 Script provides 3 RSIs and overbrought and oversold for each of these RSIs. When RSI cross over each other clearly Buy and Sell signals are fired. Lime is buy and Maroon means sell. Use it along with EMA
The objective is only to evaluate different configurations of the indicator "Follow Line MTF Any MM Average". The strategy does not have position management, it's very basic, this indicator should be used to see trend, range zones, evaluate the best areas to enter the market, use higher time frames to confirm a direction can be useful. I do not recommend using...
This is a Multi-Timeframe version of my Trailing SL Strategy. Few weeks ago I published Trailing SL Strategy. There I used only basic Trailing SL to enter positions. It worked pretty well so I tried to work on it a bit. I thought what if you can use the same ATR TSL on different timeframes and combine them into one signal. In this strategy you can use only ATR...
A modification of dasanc's "Fisher Stochastic Center of Gravity" Added: - Thresholds for Buy/Sell Signals - Trailing Stop / Stop Loss - Backtest Range Support the open-source community. Screw you people selling open-source scripts to newbies. Tip Jar: 3KNZq8mE24MuBmpDJVF31bBy8zc9beDiZo Contact me for collaborations and let's take things to the next...
A multi-timeframe strategy developed as a custom service. Note This strategy has been published only for customer verification and acceptance. Sorry, I cannot grant access to anyone else.
Hello Fellow Traders ! KikingAlgo has produced another amazing tool which is now fully operational and ready. This Algo is called NINA-BT ( Backtesting + Multi Time Frame ) and is based on mathematical formula over 11 timeframes to create trend signals based on the current market conditions. The Algo can operate on any market, any pair in any timeframe and...
Simple Strategy. Use this strategy with Heiken Ashi candlesticks. RULES: Enter Long ONE BAR after the green Vertical Signal Line plots, and sell as soon as a red Vertical Signal Line. Vice versa. You get it. ;)
This strategy is based on MTF strategy found on Forex Factory forum and published by bobby2 (credits to him). This is quite simple but need improvement to work properly: 1- it is made for 5 min chart 2- when 15min stochastic cross above 50 and 5min stochastic is rising, buy 3- when 15min stochastic cross below 50 and 5min stochastic is falling, sell
It's a merge of three really good scripts CM sling shot, CM MTC and Open Close Cross Indicates open and close with Sling shot and shots after peaks by MTC and OCC. Yellow zones before drop prices, green bar, red bar for open and close. imgur.com
This is a second attempt at an easy to understand multiple time frame strategy. This one uses ATR for exits. If the position is long, and the price closes below the ATR multiplier, it triggers a close. If the position is short, and the price closes above the ATR/multiplier, it triggers a close. This generates a lot of little trades but is useful because it...