Hi all, This Strategy script combines the power of EMAs along with the Stochastic Oscillator in a trend following / continuation manner, along with some cool functionalities. I designed this script especially for trading altcoins, but it works just as good on Bitcoin itself and on some Forex pairs. ______ SIGNALS ______ The script has 4 mandatory conditions...
Accidentally, I’m sharing open-source profitable Forex strategy. Accidentally, because this was aimed to be purely educational material. A few days ago TradingView released a very powerful feature of dynamic values from PineScript now being allowed to be passed in Alerts. And thanks to TradingConnector, they could be instantly executed in MT4 or MT5 platform of...
This strategy combines the classic stochastic strategy to buy when the stochastic is oversold with a classic MACD strategy to buy when the MACD histogram value goes above the zero line. Only difference to the classic stochastic is a default setting of 71 for overbought (classic setting 80) and 29 for oversold (classic setting 20). Therefore this strategy goes...
This strategy combines the classic RSI strategy to sell when the RSI increases over 70 (or to buy when it falls below 30), with the classic Stochastic Slow strategy to sell when the Stochastic oscillator exceeds the value of 80 (and to buy when this value is below 20). This simple strategy only triggers when both the RSI and the Stochastic are together in a...
En route to being absolutely the best and most complete trading platform out there, TradingView has just closed 2 gaps in their PineScript language. It is now possible to create and backtest a strategy for trading with leverage. Backtester now produces Margin Calls - so recognizes mid-trade drawdown and if it is too big for the broker to maintain your trade,...
This demonstrates the accuracy of entry signal of the MFI + RSI + STOCH RSI strategy
Variety of possibilities offered by PineScript, especially thanks to recent additions, created some confusion. Especially one question repeats quite often - which method to use to trigger alerts? I'm posting this to clarify and give some syntax examples. I'll discuss these 3 methods in chronological order, meaning - in the order they were introduced to...
This strategy has three components. Philakones EMAs are a sequence of five fibonacci EMAs. They range from 55 candles (green) to 8 candles (red) in length. A strong trend or breakout is marked by the emas appearing in sequence of their length from 8 to 55 or vice versa. These EMAs are also used to signal an exit. Only two EMAs are used for exit signals -...
Howdy Algo-Traders! This example script has been created for educational purposes - to present how to use and automatically execute TradingView Alerts on real markets. I'm posting this script today for a reason. TradingView has just released a new feature of the PineScript language - ALERT() function. Why is it important? It is finally possible to set alerts...
Stochastic oscillator with dynamic buy/sell levels. Levels calculate with volatility/averag true range. No repaint
Abstract This script attempts to find the end of countertrend. This script uses oscillators to measure long term and short period trends. When the long term trend keeps positive and clear short term period is over, this script provides a buy signal. This script does not contain pullback, cut loss and re-enter. You need to add it manually. Introduction Many...
"How to code moving stop-loss mechanism", is one of the most often repeating questions in private messages I receive, so just to focus on this mechanism, I made a spin-off from my previous script: TradingView-Alerts-to-MT4-MT5-dynamic-variables-NON-REPAINTING . The logic here moves the stop-loss each time a trade is running and a new pivot high/low is detected....
This strategy combines stochastic oscillator and OTT (OTT is originally owned by Anıl Özekşi). The strategy is triggered at fast OTT and slow OTT crossing points. User can select the "Evaluate Stoch OTT" option which is validate the crossing points through stochastic oscillator. In the same way, user can select "take profit", "stop loss" and position...
Contrarian Scalping is an trading strategy designed to take advanted of a counter-trend. The advantage of these strrategies types is that they have a good profitability but with do not great gain (in relation at the time frame). Indicators used: Bollinger Envelope ADX Stochastic Rules for entry For short: close of the price is above upper band from bb and...
A simple strategy that use MACD and STOCHASTIC to give buy/sell signal. Use fractals to put stop loss
Introduction Strategy based on the bilateral stochastic oscillator, this oscillator aim to detect trends and possible reversal points of the current trend. The oscillator is composed of 1 bull line in blue and 1 bear line in red as well as a signal line in orange, the strategy have many options such as two different strategy framework and a martingale mode. If...
MFI/STOCH Hidden Divergence/Trend Beater General Idea: My premise around this strategy was to make a general strategy for crypto that would help out with finding entry positions for when you’re bullish on a crypto and want to hold on for a while, and at the same time avoiding massive drops. Essentially a way to mix long term/ swing trading; I somewhat achieved...
Buys if there is crossover in J and D and the crossover is above an SMA defined as an input parameter Sells if the close is below the SMA or there is a crossunder in J and D The KDJ calculation is done using ll21LAMBOS21 script. I added start date, end date, stop loss margin and stop profit margin to ease the simulation on diferent conditions of the...