Props to Madrid for creating the original script: Madrid Moving Average Ribbon.
All I did was upgrade it to pinescript v5 and added a few changes to the script.
Features and Functionality
Moving Average Types: The indicator offers a choice between exponential moving averages (EMAs) and simple moving averages (SMAs), allowing users to select the type that...
The RSI of a Zero Lag Moving Average a powerful tool for for reliable exit signals.
The Relative Strength Index (RSI) is a widely recognized momentum oscillator that measures the speed and change of price movements. It provides valuable insights into overbought and oversold conditions, enabling traders to identify potential reversal points and take advantage of...
This is the Exit-Willy indicator. It issues Buy and Sell signals based on exit data from different moving averages and the Williams Percent R. It also has a LSMA filter. All values are adjustable. I like to use it with a higher Exit value being as it filters some of the false signals. There are multiple different settings to change and alter.
I have attempted to combine all the parameters to decide on the entry and exit points for stocks. The indicator combines
1) EMAs
2)PSAR
3)ATR
The script also attempts to show the risk-reward
This is a somewhat unusual indicator working purely on geometry.
You set a threshold for an angle of a pivot and if the angle is LESS THAN (because the sharper the pivot the smaller the angle) your threshold then a signal is given.
I use this as an exit indicator and it works well for me when other methods don't give a clear signal. Seeing where it shows up it...
This script helps with planning on how to exit DCA deals that are in the negative.
The following deal information is required
- Current average position price
- Funds invested
- Required take profit
Additional indicator settings are
- The date/time on which to start the simulator
- Minimum deviation % to start adding funds
- Expected bounceback from when...
This strategy is designed to allow you to catch the bounce or "SNAP Back" of an equity that has been in a trend.
1) Once the moving averages are in the order of 200SMA > 50 SMA > 34EMA > 20SMA > 8EMA (or reverse for and uptrend), the strategy is setup.
2) Next you wait for a trigger of the closing price crossing the 8EMA, while there is a desired gap size between...
// Simple as it says:
// gives you the color of the Heiken Ashi candles in a separate panel.
// I needed this indicator since in TV switching from HA to normal candles resets the chart and I had to go back manually.
// This solves the nasty issue.
// Moreover, nobody enters/exits the trade on the HA values but everyone uses just their color, right?
// Since...
This is a simple Hull Moving Average based strategy using a short term HMA for signal generation and a long term HMA for filtering purposes.
A long entry is generated if the short term HMA changes direction from decreasing to increasing values and if the long term HMA indicates an uptrend (i.e. previous value < current value)
A short entry is generated if the...
OSCAR Oscillator by GenZai
Green line is the Oscar Rough
Red line is the Oscar
By default based on the 8 last candles and smoothed using RMA
Purple line is the Slow Oscar
By default based on the 16 last candles and smoothed using WMA
HOW TO USE
Exit signaling
This indicator can be used as an exit indicator when line cross each other.
Entry...
// Best used as an exit indicator at default settings.
// Also doing well in entering positions by using TEMA(14) for REX and SMA(14) as signal.
// You need to tune it yourself according to your trading style.
// Use at your own risk.
//
// Vitelot/Yanez/Vts Oct 2019
//
Introduction
The gann hilo activator is a trend indicator developed by Robert Krausz published into W. D. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities . This indicator crate a trailing stop aiming to show the direction of the trend.
This indicator is fairly easy to compute and dont require lot of skills to understand. First we...
RBI:
The EMA of the relative body (RB) of Japanese candles is evaluated.
The RB of a candle (my definition) is simply the ratio of the body with respect to its full length
and taken positive for bull candles and negative for bear candles:
e.g. a bull "marubozo" has RB=1 a bear "marubozo" has RB=-1;
a "doji" has RB=0.
This simple indicator...
This indicator shows the relation of price against different period ma's.
When put in daily Timeframe it gives the 1400 Day (= 200 Weekly) and the 200 ,100 an 50 Daily.
The lines show the 200,100 and 50 ma in relation to the 1400 ma.
JD.
#NotTradingAdvice #DYOR
