Hi, this strategy is taken from a video made by Steven Primo. You can look it up on YouTube if you want to know about it. It is a mean-reversion strategy based on the Bollinger Bands, in which we wait for 5 consecutive closes above the upper band, and for a short-term top. Once it happens, we place an entry order on this top, with a stop at the nearest bottom...
This Signal Indicator that emits a signal based on two MAs crossover/crossunder. It is designed to be used as an External Input for "Template Trailing Strategy" to verify the correctness of the External Deal Condition Mode of the aforementioned script and the Internal Strategy logic. Also, this script is a simple example on how to create custom signal indicators...
>> How to use this indicator : 1. Set your teadingview theme to dark theme. 2. My indicator is valid for forex, stock and but more valid for crypto. 3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for...
This script uses the built-in pivothigh/pivotlow functions to find and identify new levels of basic support and resistance. The script will also automatically identify the first occurrence of a bounce/rejection off the most recent green/red line as well as automatically identify the first occurrence of a breakout of the most recent green/red line. This is a very...
This is a script to utilize Quandl (Now Nasdaq Data Link) FINRA Short Volume datasets to see daily volume proportions by short / long activity. For clarity, long volume does not indicate buying or selling, just that some volume for the day was either buying-to-open or selling-to-close. Similar but opposite, short volume indicates that some volume for the day was...
Level 3 Background I've been thinking about trying out some technical indicators of market sentiment recently. Of course, this may not be limited to OHLC data, but requires more statistical data for analysis. However, I still wanted to try making a market sentiment indicator with OHLC. In this way, the difference between the two indicators can be compared...
The Stockbee 4% Breakout script is a study tool for users who wants to do a deep dive on StockBee's 4% Breakout momentum burst method. This script will assist a specific group of traders who trade this method easily find historical momentum bursts. This script finds and colors red any candle body that meets the following criteria: 1. Volume of the candle is...
This was reasonably easy to put together and I can't find one that does this in the Library and I've been wanting one. Of course, the drawing tool is just fantastic, but sometimes it can be forgotten as new pivots emerge. What you'll find elsewhere in the Library is a nice variety of fancier methods for determining an anchor point with labels, lines, timestamps...
█ Standard Deviation Refurbished This is an indicator that serves to show the standard deviation in a more improved and less trivial form. Basically, I put the option to normalize the indicator in a range of 0 to 100. I also put 10 moving averages of standard deviation. In the graphic part was placed the choice of themes. Gratitude to the author 'The_Caretaker'...
This script is more like a tool than an indicator. The script determinates the amount of contracts and the leverage needed to do one trade. You must specify the following parameters: Entry price Stop Loss price Stop Loss risk. It's the capital that you will loss if the price hit the SL price. Operation equity. It's the whole capital involved in the...
A hammer candle indicator having the possibility to configure parameters. If a candle is a valid hammer, a label will placed above it (at high).
This indicator is a mix of 3 well known indicators the buy point is based on linear regression the sell points are based on mix of super trend and Bollinger it try to find best point to sell and buy which are independent from each other for each time frame you need to try to search for best setting alerts included
The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line....
Todays scripts is based on my Pullback And Rally Candles with other meaningful candles such as Hammers and Dojis. You can choose which Candles to show on the cart and if you want to candles to appear above or below a moving average. If you follow my work, you may recognise some of these candles which I'm about to show you however these candles are 1) more...
This script displays 4 different Moving Averages: 2 Year Moving Average (White) 1 Year Moving Average (Doubled in value, Red) 116 Day Moving Average (Transparent, Red) 232 Day Moving Average (Transparent, White) For the last cycles: once the 2 year MA crossed the 232 Day MA, it marked the cycle bottom within a few days and once the 1 year MA (x2) crossed...
Volatility Breakout Strategy for TradingHook. This strategy is not for backtesting but for forward-testing starting when added to chart. It can make and send a formatted message string for buy and sell order using alert.
Library "TradingHook" This library is a client script for making a webhook signal formatted string to TradingHook webhook server. buy_message(password, amount, order_name) Make a buy Message for TradingHook. Parameters: password : (string) password that you set in .env file. amount : (float) amount. If not set, your strategy qty will be...
>> How to use this indicator : 1. Set your teadingview theme to dark theme. 2. My indicator is valid for forex, stock and but more valid for crypto. 3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for...