Pseudo random numbers are need to simulate "random walks" and other stochastic/markoc processes.
The code is *not* a simulation. It produces a PRNG (using LCG algo) that can drive the rest of your script / simulation
Notes:
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// Generates a pseudo RNG uniformly distributed between...
I have been backtesting many known strategies. I have created this Engulfing Candle indicator which makes it easy to detect engulfing candles. I have also added a short/long signals.
Description:
Engulfing candle: If a candle's high is higher than the previous candle's high and low is lower than previous candle's low, it is called Engulfing Candle. If the...
The X-lines indicator has been long time known by users of the Metatrader 4 & 5 trading platform. It shows interesting market prices ( support and resistance levels). The indicator works without delay and as soon as the bar is closed at the interesting price, immediately after that the symbol "X" will appear above bar and the level will be drawn to the next...
## Scrybblez Alerts ##
Request access for a trial here or by twitter to @scrybblez
0.What is this Indicator for?
This indicator contains the same code present in Scrybblez Strategy but instead of being a strategy, it is a study. Why is that? Tradingview works in a way that allows Strategies to signal entries and backtest results but does not allow them...
I have had a few requests to publish the script I used here: in May 2015. I have been reluctant because it was a very cumbersome script. However, for those few people who actually want to play with this script here it is. I have cleaned it up to make the script more usable. Read my notes associated with "Weis Wave Jayy" for more details on the use of the Weis...
I publish the code again in case someone is interested in learning. I am not an expert, I learned from others who published their scripts and for this reason I do the same.
If someone tries to sell you a script it is because they do not make money with it in trading and they need to sell it to earn something.
It is a simple combination algorithm of 3 EMA with...
TWAP is a tool used by algorithm based traders that allows them to distribute their orders throughout the day without disturbing price or having their positions known to rival traders in the market.
It's similar to VWAP and serves the same function, except it lacks the volume aspect. This can be an issue when position entry/exit may be affected by slippage. The...
The sophisticated algorithm was designed to detect Ideal Long and Short entries across multiple time frame (5/15/30/45 Minutes charts).
It uses different indicators all-in-one granting the user a quick and clean signal on when to buy or sell an asset an to maximize profits.
It also come with Alerts so you can set up signals it to your email/mobile device...
SPECTRUM SCREENER™
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Hi Traders,
Bear vs Bull Trend indicator helps you to determine the trend direction easily. Using this indicator, you will not need to look for the cross-over anymore. You can simply choose your favorite Trend detection indicator from the properties (sma, wma, ema, linear). I usually use Linear trends.
Disclaimer: All the information in this article, including...
TTM created to show multiple timeframes at once. Have updated the graphics to be a bit more simple than previous versions.
The idea is that fast lines cross slow lines to give a more detailed picture. The TTM is also 12x slowe than regular TTM, so 2h candles on this TTM is is equal to 24h candles on regular TTM
It is made up of 6 components.
1: The "Momentum"...
About:
This indicator generates buy/sell alerts using an adaptive moving algorithms and looks to minimize whipsaw effects.
The indicator works best on low time frames.
Disclaimer: This and all indicators are for education and entertainment purposes and should not be considered financial advice. It is never recommended that you use indicators for live trading....
This is a very advanced Algo like "The Golden Child". However, this Algo was designed with less protections built in. It will work best on higher time frames, but, will produce amazing signals on all time frames While this will certainly give many more false signals it will also produce more Good ones that were eliminated by the protections that were built in to...
