After testing your individual indicators, it's time to build up your algo with additional indicators and further backtest the strategy.
Using SSL twice here, faster SSL for 1st confirmation, slower SSL for 2nd confirmation and TDFI for volume validation.
After putting the whole system together, sat down to benchmark the various confirmation indicators, shrink it down to backtest individual confirmation indicators.
Results for 24 periods way better than 10, then again it's only one pair. :)
More details...
TrendSetter RasterChart is an indicator that differentiates between cycling and trending moments, but is also effective at identifying reversal points. The bottom of the chart is most reactive and indicates reversals very well. The upper portion of the chart displays cyclical periods, upward trends, and downward trends in three different colors for tricolor...
Introduction
Using conditions in filters is a way to make them adapt to those, i already used this methodology in one of my proposed indicators ARMA which gave a really promising adaptive filter, ARMA tried to have a flat response when dealing with ranging market while following the price when the market where trending or exhibiting volatile movements, the...
Hello traders
With this fabulous script, you can color the candles based on the indicator and timeframe you want
You can only apply one indicator at a given time obviously
The list of indicators are the following:
- Price vs Moving Average : if price is above, bullish color, if price is below, bearish color
- Trend Signal : if the Trend signal is pointing...
Ujanja uses Zero Lag EMA combined with Hull Moving Average for smoothing purposes. It is a less aggressive. It is only to be used with huge volume , huge momentum and high volatility to get trend analysis... It doesn't repaint at all.
Advised use :
Trades highly volatile Crypto currencies, stocks as well as Gold .
It is only to be used with huge...
Hello traders
I updated the Trend signal indicator from @riffster21 (www.tradingview.com) and added alerts and pullback to it.
Nothing fancy but still extremely useful
How to use the Trend signal with alerts indicator
In this screenshot, I didn't select the most optimal timeframe, neither the most optimal input for the indicator. I just wanted to explain...
Our proprietary continuation signal. This is a compliment to the original slingshot, using a different algorithm to catch different types of continuation patterns.
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below.
To reduce the number of...
ThunderTrader : ThunderLight
ThunderLight is indicator to track or calculate hidden consolidation or accumulation where the whales prepare for next pump
ThunderTrader : ThunderRainbow
ThunderLight is indicator to track or calculate hidden demand, supply and accumulation where the whales prepare for next pump or next dump
Time Frame Rules:
It works for any...
This indicator shows you Bitfinex Longs&Shorts charts in one handy indicator. It's fully adjustable to your own prefference.
Tipjar : 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 (btc)
This is the K2 Trend Meter Indicator. The K2 Trend Meter Indicator demonstrates the overall trend for 4 different time-frames and is meant to be used in conjunction with the K2 Trading Strategy Indicator when applying the K2 Trading Strategy System.
If you are interested in using our K2 Trend Meter Indicator or K2 Trading Strategy System, come check us out at ...
Hello traders
The SMA 50 is known to define a trend. If price is closing above, trend is bullish, if below, trend is bearish.
That's why I like to have all of them on my chart :)
Enjoy
David
Hello traders
This is a dummy example showing how you can combine 2 indicators and display a signal when there is a convergence
In this case, it will display a blue BUY diamond when both the MM cross and MACD are in the same BUY direction. Same with a PURPLE diamond when both subsequent indicators are bearish
Please note it will display only the first occurence....
