More info here:
stockcharts.com
and here:
systemtradersuccess.com
Very interesting and simple scalping strategy with unbelievable results.
I added 4 versions that combines only the RSI OB/OS thresholds.
Also the single variable that you can change is the RSI, sometimes RSI 3 or RSI 4 works better then the original.
Also his exit point is not quite good in these...
Hello all,
This is a simple indicator that plots 5 EMA lines and 1 SMA .
Signal of crossing SMA with EMA , signal of crossing EMA with EMA .
Features:
-Signals are represented visually as a triangle on the chart.
-Also represented visually as bar color on the chart.
-When SMA and EMA 1 cross - a Long signal is called if SMA cross above EMA 1, a short if...
Inspired by Trace Mayer's 200 Day SMA cryptocurrency valuation method
I take no credit for the formula used to calculate the Mayer Multiple or the Mayer Multiple itself
For use with the Mayer Multiple Histogram Indicator which gives a visual of this line indicator
This line indicator should be used for setting alerts.
Mayer Multiple Histogram Indicator | Customized by AJ Robertson
@Version=2
I take no credit for the actual formula used to calculate the Mayer Multiple or the Mayer Multiple itself.
For use with Mayer Multiple Line Indicator
The histogram helps give a visual representation while the line indicator is used to set alerts
I've set an additional optimal buy color...
This Relative Strength Comparison (RSC) indicator overlays a simple moving average (SMA) of the prior days values and changes color when the RSC crosses above and below that value as an indicator with bearish and bullish signals in comparison to another symbol.
I am a big fan of Fibonacci EMAs, however I added the ability to look at multiple moving average types.
Having the Fibonacci Moving Averages grouped together like this will make them much easier to manage with the object tree as well.
Something I plan on using myself to remove clutter on my charts! Hope you like it!
After testing thousands of indicators over the years, this simple EMA cloud indicator that I built is still my main weapon. It's always the first one I add to a blank charts and that is not going to change anytime soon.
I find EMAs and MAs are such underrated tools, By observing the price action surrounding these, I can see straight away if it's a good time to...
//@version=3
// Constance Brown Composite Index
// Re-implementation of CBCI based upon LazyBear's version + source text
// References:
//
// original author: @LazyBear
// "Technical Analysis for Trading Professionals" by Constance Brown, pg. 369
Interesting performance for simple MA strategy on 1m ETHUSD. I used only close price and 15 SMA in it.
Performance is 55% over 10 days with a drawdown of only 3.5%.
Percent profitable is only 30% with almost 2k trades.
For sure this won't work as a standalone strategy, with 2k trades commission and slippage will destroy all your PNL but it can be a pretty good...
![BTCUSD: [FizzyBublech] Simple Moving Averages with Multipliers](https://s3.tradingview.com/d/D8FF6fDA_mid.png "[FizzyBublech] Simple Moving Averages with Multipliers")
![BTCUSD: Mayer Multiple | SMA Line Indicator [AJ]](https://s3.tradingview.com/e/E3kcC0ZD_mid.png "Mayer Multiple | SMA Line Indicator [AJ]")
![BTCUSD: Mayer Multiple Histogram [AJ]](https://s3.tradingview.com/5/5v0eqGif_mid.png "Mayer Multiple Histogram [AJ]")
