This strategy tries to mimic TradingLatino strategy. The current implementation is beta. Si hablas castellano o espanyol por favor consulta MENSAJE EN CASTELLANO más abajo. It's aimed at BTCUSDT pair and 4h timeframe. STRATEGY DEFAULT SETTINGS EXPLANATION max_bars_back=5000 : This is a random number of bars so that the strategy test lasts for one or two...
This script plots the high/low of any custom session and extends it until the daily close. It does not show on the timeframe higher than the length of custom opening session by default. The time period of opening range & the max timeframe to display it on can be adjusted from the settings. So for eg. if want to use 5m ORB to trade, then set "ORB total time"...
Plots the daily ATR on the chart as upper and lower levels. It can be use to adapt your trading in high and low periods of market volatility, determine reasonable target or take profit, entry at likely mean reversion, stop loss beyond normal flows etc... More on the script behavior: - Daily ATR upper/lower levels are applied on the current day low/high; - The...
here comes open source version of notorious JFT Indicator ( the indicator access you can get in some bucks ) on various telegram channels however they will not give code. Now how it works 1. 2 ranges derived from indicator are supposed to be a consolidation zone and any close above or below is supposed to give a good move. 2. I personally consider it as may be...
Marks out the ATR limits for your own custom selected timeframe Allows you to set an "Exact Distance" for the ATR. Note: If the "Exact Distance" is set = 0 then an ATR will be calculated for you based on an average of the "ATR Periods" i.e. By Default: atr(20) Otherwise if "Exact Distance" is not = 0 then ATR limits will be calculated using your specified...
This indicator is based on the deviation of the average price value given the dynamics of the volume. Thus, receiving a negative value, the mood becomes more bullish. But when a colored background appears, it signals an even more amplified signal. The colored background is based on an abnormality.
(ENGLISH VERSION BELOW) Die richtige Auswahl von Instrumenten ist essenziell. Wir können nur dann Profite machen, wenn das Instrument sich bewegt. Bekannte Indikatoren wie der ATR (Average True Range) inkludieren hier ebenfalls Kurslücken. Das ist gut, dennoch wollen wir Volatiltät von einem anderen Standpunkt betrachten. Welche Bewegungen sind also vom Hoch zum...
Here I'm proposing an indicator to measure market extremities, it is different than usually used STDv function and has a much simpler underlying mechanism. However, what you will compromise by it is that it is not going to work efficiently like STDv and you will need to use some form of trend and momentum indicators along with it. Not efficiently doesn't mean not...
experimental: zigzag indicator with all the zigzag methods that im aware of(that matter atleast), theres something for all tastes there :P this will be the basis for zigzag tools i make in the future. note: some zigzags REPAINT.
Here I propose another simple S/R band technique, works on all TF and all securities, this is again one of the simplest forms of logic with a little tweak to tackle modern volatile markets. It enables us to trade both mean reversion as well as breakout trades as it works in both trending and non-trending markets. You can even use pre-existing ranges as good...
This is the accompanying script that shows how many renko bricks were produced in each direction per candle. It gives a basic indication of volatility, some might find it useful. Happy trading Hancock
This is the first release of Renko indicator. Renko is plotted over candles and best calculates the number of Renko bricks printed up or down per candle which can be viewed from the data window. It plots the high and low of a the bricks, if numerous bricks are printed on a candle, as well as the open and close of a Renko brick. This will be actively developed...
High & Low Of Custom Session - OpeningRange Breakout (Expo) prints the high and the low of a custom session. I use the indicator to trade the re-test of opening range (high/low) as well as breakouts from the opening range. The same logic can be applied to the session you have chosen. HOW TO USE 1. Use the indicator to trade the re-tests of the session...
Easy to use ORB(Opening Range Breakout).. Multiple Time frame (15minute,30minute,60minute ) and special strategy 12 PM 15min ORB... Opening Range depend upon time frame market makes own high and low.. Whenever price breaks high of Opening Range make long position and simultaneously whenever price breaks low of Opening Range make short position..
nothing excessively new here.. a map of standardized trend over multiple lengths, extra parameter for smoothing the input source(close) will remove noise.
Consolidation is the term for a stock or security that is neither continuing nor reversing a larger price trend. Consolidated stocks typically trade within limited price ranges and offer relatively few trading opportunities until another pattern emerges .Identifying consolidating stocks involves looking for those that have steady support and resistance levels,...