Confirmed Divergence StrategyThis simple strategy demonstrates the value of confirmed divergence. An entry is selected based off of divergence in the RSI where the first extreme is overbought or oversold. This must then be confirmed by divergence on the Awesome oscillator . The result is an alert that is more reliable than single divergence on either indicator, and an entry is only keyed on an overbought/oversold level.
Shoutout to piriya33 and his CDC divergence, which was used as a template for this script.
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Stochastic & MACD Strategy Ver 1.0This strategy is inspired by ChartArt and jasonluk28.
The following input changes from the initial ChartArt version to achieve higher stability and profit:
Fast MA Len:11
Slow MA len: 24
Stoch Len: 20
No difference is found in minor changes (+-10) lv. of overbought/oversold
It works above 40% winning rate in Heng Heng Index, Shanghai Composite, Dow Jones Industrial Averge, S&P 500 NASDAQ, VT (World Total Market) and in 15 mins chart
Profit: above ~10 to 30% in less than 1year backtest for most major indice of China and US and ~62% in Heng Seng Index (Hong Kong) & 40.5% in SZSE Composite (Shen Zhen)
P.S. Profit: 700 (Tencent) +150.5%, 939 (CCB) +66.5%, 1299 (AIA) +45%, 2628 (CLIC) +41%, 1 (CK Hutchison) +31%
NFLX +82.5%, BABA +55.5%, AMZN +44%, GOOG +38%, MCD +24.5%
However, Loss in FB -19% , AMD -38.5%
Not suitable for stocks with great influences in News or Events ???
CMO & WMA Backtest ver 2.0 This indicator plots Chandre Momentum Oscillator and its WMA on the
same chart. This indicator plots the absolute value of CMO.
The CMO is closely related to, yet unique from, other momentum oriented
indicators such as Relative Strength Index, Stochastic, Rate-of-Change,
etc. It is most closely related to Welles Wilder?s RSI, yet it differs
in several ways:
- It uses data for both up days and down days in the numerator, thereby
directly measuring momentum;
- The calculations are applied on unsmoothed data. Therefore, short-term
extreme movements in price are not hidden. Once calculated, smoothing
can be applied to the CMO, if desired;
- The scale is bounded between +100 and -100, thereby allowing you to clearly
see changes in net momentum using the 0 level. The bounded scale also allows
you to conveniently compare values across different securities.
Intellitrader - Buy Random BACKTESTERI created a little backtester that it combines some of what we need to backtest to finetune a good strategy for Intellitrader.
RSI
STOCH
STOCHRSI
CCI
Price Change
MCI and VCI - Modified CCI FormulasFor private peeps only
- Takes a modified version of the CCI formula into 2 parts
VCI - Volume Channel Index (Yellow Histogram)
- Measures accurate accumulation and distribution levels and times
MCI - Modified Channel Index
- Measures (when compared to VCI) levels where clearly buys are interested vs not interested.
Example:
If VCI > MCI
- Shows buyer's are more than interested in buying, you've either hit a bottom or heavy resistance
if MCI > VCI
- Show's buyer's aren't interested and will most likely result in a dump/lower price
Great for monitoring accumulation and distribution, these auto buy and sells look for the transition points over 0, works on EVERY commodity/stock/FOREX/Crypto
Results are from trading 1 BTC x25 leveraging. Not all trades will get in if put in at limit, but it does survive with profits after the massive 0.075 fee (results shown are after fees)
BB+STOCH RSI v2Developed for one of my followers.
The basic idea is that the buy signal is generated by stoch and bb.
However, If price hits the upper line or trend return crossing under midline, the strategy closes the position.
[Strategy] CCI EMA scalping [DEV]Recommended timeframe: 5M or higher
Based on EMA crosses and CCI levels.
Take profit can be also at Pivot levels like Daily/Weekly
Stop loss should be between 12-15 pips.
This strategy is still under development!
Trend-Reverse Strategy
Trend-Reverse Strategy is a combination of these 2 scripts to use 5 min candle.
DEMA of DPD Strategy DPD response quickly and one of my followers wanted a smoothed version of DPD.
I think taking DEMA of DPD is a good solution for that.
DPD+RSI+BB Combination of DPD ,STOCHRSI and RSI indicators. Be careful for percantage selection to fit your candle size.
DPD+STOCH RSI +RSI Combination of DPD ,STOCHRSI and RSI indicators. Be careful for percantage selection to fit your candle size.
Vortex Ocillator - backtestingbacktesting strategy for the vortex oscilator indicator, slightly modified on this version so that the buy and sell signals work with the backtesting and are consistant
original idea i posted by accident
the script with alerts
not intended to be financial advice, strategy is for made for testing
Biffy
Ergotic MACD Strategy [forked from HPotter]Ergotic MACD Strategy forked from HPotter
In addition to this fine script you will find some additional features:
- Backtester
- Alerts
- Filters: RSI, MFI, Price trend
- Trailing Stop Loss
- Other minor adjustments
Absolute Price Oscillator (APO) Backtest 2.0 The Absolute Price Oscillator displays the difference between two exponential
moving averages of a security's price and is expressed as an absolute value.
How this indicator works
APO crossing above zero is considered bullish, while crossing below zero is bearish.
A positive indicator value indicates an upward movement, while negative readings
signal a downward trend.
Divergences form when a new high or low in price is not confirmed by the Absolute Price
Oscillator (APO). A bullish divergence forms when price make a lower low, but the APO
forms a higher low. This indicates less downward momentum that could foreshadow a bullish
reversal. A bearish divergence forms when price makes a higher high, but the APO forms a
lower high. This shows less upward momentum that could foreshadow a bearish reversal.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Ehlers Fisher Stochastic Relative Vigor Index StrategyBy John Ehlers from his book "Cybernetic Analysis for Stocks and Futures".
Ehlers Cyber Cycle StrategyEhlers Cyber Cycle Strategy by John Ehlers from his book "Cybernetic Analysis for Stocks and Futures".
MACD DEMA STRATEGY A strategy based on ToFFF MACD DEMA indicator
Even so , ı dont recommended using MACD DEMA alone.
Combine its code with your favorite indicators.
You can visit ToFFF's indicator :
dP magnet//Strategy based on the idea that stop loss and take profit are often placed at full price levels or round numbers, whcih acts as resistance and supports levels
//Buy Rules:
//Actual price (close) is above round number.
//Round number level was not touched in previous ten bars (arbitrary value).
//Place a buy and follow the order with a trail step because price can bounce at round number (support) or can go through it.
//Sell Rules are the same of buy rules but inverted.
//
//Need improvement on conditions' logic and round numbers definitions