This indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
This script idea is designed to be used with 10pip brick (recommended) Renko charts. It combines the Renko price action with a directional coloured EMA (default length 6) and a RMI (instead of the usual RSI) indicator to provide entry and exit signals. RMI is bit like RSI with a built-in momentum factor and works well with Renko.
Signals can optionally be...
This indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe of certain currency pairs, but will work on all timeframes and instruments. The rules are customizable, but the default settings are designed to reflect the rules of Steven's pullback strategy as closely as possible.
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Hull MA-X:
The Hull MA involves the weighted moving average ( WMA ) in its calculation.
First, calculate the WMA with period (n / 2) and multiply this by 2. Remember ‘n’ is the time period configurable based on the trader’s requirement.
Second, calculate the WMA for period “n” and subtract if from the first step. Thirdly, calculate the weighted moving average...
S
Use this script to see the depths of corrections and also to see how long it has been since a correction.
I published this script because the last time the SNP has gone this long without a 5% correction was 1996 excluding bear markets of course.
NOTE: This script is a 2 in 1. In order to see correction depth only use the first 3 plot settings as...
The Ichimoku Kinko Hyo system includes five kinds of signal, of which this strategy uses the most recent of ones i.e. Tenkan Sen / Kijun Sen Cross and price crosses the Kijun Sen. As the Chikou Span, Senkou Span A and Senkou Span B are shifted into the past/future, the trigger signals will be only be used for visual confirmation and not part of the strategy.
The...
This moving average is adjusted to give weight to the performance of the 6 largest Cryptocurrencies by market-cap: Bitcoin , Ethereum , Bitcoin Cash, Ripple, Litecoin, and Nem -0.95% Coin. The use of this indicator is to observe divergence between the price of the underlying asset (the crypto-currency you are interested in trading) and the rest of the...
Changes the solid colored candles based on the price action around the Arnaud Legoux Moving Average. Please modify / improve and share with the community.
This is an attempt to convert gunbot's SG strategy into a proper TradingView strategy. The problem is that SG Sell Level relies on % above purchase price, which we don't actually know in TradingView. So we could try to get the average of the next bar or something, which maybe this is what the Slippage setting is? I'm not sure.
Anyways, using % above EMA does...
This is an updated version of script created By ChrisMoody to use Daryl Guppy EMA's.
30-Aug-2017 Revisions by JustUncleL
Added Optional Alert Arrows
Added Alertcondition to generate signals for Alarm Subsystem.
Changed some default colours.
CMs Original script and details can be found here:
Companion to
This helps find the right levels by showing darker colors for the most prominent areas. So if you want to see if you can sneak in a buy at some little hump, you can tell how likely it'll be by whether it's super light (unlikely, you'll have to set the level to like 0.25) or super dark (very likely, could go as high as 1.0%).
This indicator shows a close approximation to what Gunbot would use in its GAIN and STEPGAIN strategies.
The middle two lines are the EMA(2h) and EMA(4h) lines. The inner two grey lines are BUYLVL2/SELLLVL2, the outer grey lines are just there to constrain the color bands. The green and red bands are indicators of where the candle has exceeded your setting and...
