I saw this indicator and thought I'd try to make it into a script. I can't get an exit when the EMA is between signal lines so it's a long/short strategy until I can figure that part out.
Taken from an article "The Yen Recused" in the December 1998 issue of TASC, written by Dennis Meyers. He describes the Recursive MA in mathematical terms as "recursive polynomial fit, a technique that uses a small number of past values of the estimated price and today's price to predict tomorrows price." Red bars color - short position. Green is long.
Here you get a script with the rules for "Glory Hole"-Strategy from Linda Raschke. In Addition, I choose the SMA - not the EMA for this script. MY RECOMMONDATION: If you get a trade Signal, then set an sell- oder buy-order on the high or low. If the next bar doesn't touch into the trade, then delete your order. Have fun and good look.
Hi Everyone, Do you guys know how can I add an exit strategy to this hilo. I would like it to exit either with hilo invertion (already does) or with profit/loss (it doesn't work) Thank you
This script helps identify indecision candles on for better entries into trade reversals. Note that I don't believe this signal/indicator should be used as a sole basis for entering/exiting a trade. This is simply to help you have an edge in terms of your chart/candle analysis when your brain fails to keep up with your trades.
The related article is copyrighted material from Stocks & Commodities Mar 2010 You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Script of strategy component to setup the backtext lookback. You setup the maximum days back in the history, which will be used for backtest.
The related article is copyrighted material from Stocks & Commodities Mar 2010 You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
This simple indicator gives you a lot of useful information - when to enter, when to exit and how to reduce risks by entering a trade on a double confirmed signal. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... Added Alerts when signal changes.
In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the...
In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the...
Double Smoothed Stochastics (DSS) is designed by William Blaw. It attempts to combine moving average methods with oscillator principles. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Double Smoothed Stochastics (DSS) is designed by William Blaw. It attempts to combine moving average methods with oscillator principles.
The Detrend Price Osc indicator is similar to a moving average, in that it filters out trends in prices to more easily identify cycles. The indicator is an attempt to define cycles in a trend by drawing a moving average as a horizontal straight line and placing prices along the line according to their relation to a moving average. It provides a means of...
The Detrend Price Osc indicator is similar to a moving average, in that it filters out trends in prices to more easily identify cycles. The indicator is an attempt to define cycles in a trend by drawing a moving average as a horizontal straight line and placing prices along the line according to their relation to a moving average. It provides a means of...
This technique was described by William Blau in his book "Momentum, Direction and Divergence" (1995). His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the relationship between price and momentum in step-by-step examples. From this...
This technique was described by William Blau in his book "Momentum, Direction and Divergence" (1995). His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the relationship between price and momentum in step-by-step examples. From this...