This strategy uses crossover of Exponentially Deviating Moving Average (MZ EDMA ) along with Exponential Moving Average for trades entry/exits. Exponentially Deviating Moving Average (MZ EDMA ) is derived from Exponential Moving Average to predict better exit in top reversal case. EDMA Philosophy EDMA is calculated in following steps: In first step,...
Target Area to help me with my target area for visual reference Imbalance Identifier - Helps me to see where the trade may come back to EMA on 1 Minute Time frame for helping to identify Direction to take trades in I primarily use this as a tool to help me identify very short term direction for scalping small target area (Adjustable) Preset for the main 28...
Mainly developed for AMEX:SPY trading on 1 min chart. But feel free to try on other tickers. Basic idea of this strategy is to look for 3 candle reversal pattern within trending market structure. The 3 candle reversal pattern consist of 3 consecutive bullish or bearish candles, followed by an engulfing candle in the opposite direction. This pattern usually...
This is a simple scalping strategy that works for all time frames... I have only tested it on FOREX It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA . If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL. If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL. The red line is the...
Dear Traders, Here is the thought which came to my mind on the trendline break scalping. sometimes during the trade we do plot trendlines and we do anticipate for the line to break and take a trade. with the same thing in mind I had created this basic script to help you and other to create based on the logic used in the script. This is just a logic based script...
Here I bring you an array of methods to compare the swings and consistency between assets. This indicator is excellent for swing traders and scalpers looking to maximize their profits by examining which of two closely related pairs provides greater price fluctuation during given period. This indicator works against two assets, which are to be configured in...
Simple way how to use Linear Regression for trading. What we use: • Linear Regression • HMA as a trend filter Logic: Firstly we make simple linear regression moving. It is the white line which appears on the chart. Then we make second line (named: band2) on the chart by multiplying linreg and value difference. The third step is to ad HMA as a trend filter. The...
Simple arrow indicator, indicating the direction go the next slight movement. This indicator will work on any time frame or market. How does this indicator work? It will use Stochastic and Keltner Channels to detect potential reversals depending on the frequency you choose in the indicator's settings. The higher the frequency, the fewer candles will be used in...
This strategy is inspired by a youtuber called Joel on Crypto. He trades this using Ema, MACD indicators and his own experience. For more information, check out his Best Crypto Scalping Strategy for the 5 Min Time Frame video. I have tried to automate this a little. Long or Short trades are determined with a crossing of the fast Ema over the slow Ema for Long and...
Based on the Ichimoku Cloud indicator, the Scalping Ichimoku is a strategy applied in a simple form. How the strategy works? The indicator will watch two filters from the Ichimoku Cloud indicator. The first one is when the price crosses the cloud (over or under). The second filter is when the conversion line crosses the baseline (over or under). When both...
This script would find potential reversal price zones according to RSI over bought or sell condition and big reversal candle. It works better in range markets and lower time frames like 5M and especially in Support/Resistance zones. Suit for scalping in forex or crypto markets. * Use it as a trade assistant not a trade signal!
I added the following filters for entry signals to the VuManChu B with divergences for use as a scalping indicator. You will need to load the 50 EMA and this indicator to trade this per the rules below The rules for trading this are as follows; You can only take a long or short entry when all of these requirements match The wave cross is under the zero line...
A very simple and highly effective strategy LONG & SHORT that combines only 2 indicators: RSI 3 Moving Average Exponential (EMA) LONG Entry conditions are: EMA 20 cross over EMA 10 EMA 10 is above EMA 100 LONG Exit conditions are: RSI greater than 70 Or when X number of candles have passed and the trade is in profit. (Check Settings) ...
BINANCE:ADAUSDTPERP Modified VWAP to use scalping in lower timeframe. Use 1minute TF for best results but can also use up to 30min. This indicator is made for crypto but may also work for other assets. The bands serve as support and resistance and used for opening quick profit position if conditions below are met: Indicators: Blue - modified rolling vwap Orange...
Great script for quick deals. Buy and after 5 minutes sell with a target yield of 0.3% Works on the principle of getting out of the pit. The pit is determined thanks to the rsi on the 15-minute time frame, the exit is determined by the rsi on the 1-minute timeframe. You can play with the rci values in the settings
█ OVERVIEW Gann Square of 9 is one of the many brilliant concepts from W.D.Gann himself where it revolves around the idea that price is moving in a certain geometrical pattern. Numbers on the Square of 9 spiral tables, especially those lie in every 45degree in the chart act as key vibration levels where prices have tendency to react to (more on the table below)....
This is a both a swing and a scalper strategy(depends on the timeframe that you use), that works with all timeframes, however I noticed that with swing 3h works the best on most crypto pairs, such as ETH, BTC and so on. Its main components are: Hull moving average T3 moving average Risk management With them I make an average and use it as the main moving...
TradePro Parabolic SAR Background This indicator is a small tribute to youtuber TradePro The operation is simple. It is the same Parabolic SAR indicator with its default configuration, but in background format. It is a new way to visualize the same information, more understandably. It is in itself a complete trading system, it can be used in conjunction with...