Similar to crossover systems, this indicator uses the renko calculation of the brick open position instead of the slow average in a crossover system, it also generates a signal marker on the crossover of the price and renko lines, both can be smoothed in the optional parameters.
update version to V5 for this script:
Most important thing is feeling inspired and relaxed. Forcing your way into anything under stress and pressure will only end up in disaster
This indicator consists of three RSIs.
RSI: RSI is common and its length is 14.
RSI 1: The slowest RSI. The length is 100.
RSI 2: Faster than RSI 1. The length is 50.
This is a very simple crossover script that looks at a exponential moving average with a standard length set at 20, which may be redefined by the user. A (Uptrend) buy signal is given once a candle closes above the moving average, coloring the exponential average green, and a sell signal is given once a candle closes below the moving average, coloring the...
The indicator is built using Supertrend, RSI, and Ema Crossovers.
What is the best way to use the indicator?
Indicator can be used in two ways:
First : If a signal appears on the chart, you can enter immediately the stoploss is the candle's low with a Small Buffer.
Second: you will get good results if you plot additional indicators like as volume, RSI and so...
MACD – Moving Average Convergence Divergence. The MACD is calculated
by subtracting a 26-day moving average of a security's price from a
12-day moving average of its price. The result is an indicator that
oscillates above and below zero. When the MACD is above zero, it means
the 12-day moving average is higher than the 26-day moving...
This Script are Combined 5 EMAs Indicator with Golden / Death Cross EMA 8 -13 and EMA 8 - 125 within Green or Red Column Line as Default Signal. This Indicator also combined with Ballinger Band and Super Trend Channel.
If you have like this Indicator, please add to your favorite Indicator, and If You Don't, Don't be like a man without woman :) ... God Bless You All
====== ABOUT THIS INDICATOR
- A simple but highly customisable display of previous higher time-frame
OHLC values, drawn using line.new and label.new. Nothing fancy but...
- Customised resolution input which excludes time frames lower than 1 hour
while extending the common higher reference inputs to include:
• 6, and 12 Hour
Only difference in this one is that a EMA is used which should give quicker signals but theres a chance for more false signals as per usual use TA and other indicators to confirm positions. So far I've been liking the Vortex Indicator
When the VWAP (Thick Yellow) AND the two EMA (Orange and thin Yellow) cross above the MVWAP (Purple) then you will be in a...
The Moving Average Crossover trading strategy is possibly the most popular
trading strategy in the world of trading. First of them were written in the
middle of XX century, when commodities trading strategies became popular.
This strategy is a good example of so-called traditional strategies.
Traditional strategies are always long or short....
'Solution Zigma' is strategy for any securities because this strategy use EMA of Fibonacci Level and Plot Like candle easy for analysis trend impulse. This strategy used DMI(ADX) for filter sideway but not greatest indicator, Please use this strategy with Risk Management.
Based on Trend Channel
Ema-crossover is added
Crossing alerts, only on trend
Basado en mi anterior indicador, Trend Channel
Se agrega Cruce de Medias Moviles (Ema-crossover)
Las alertas solo son en favor a la tendencia
El valor de SMA Range es arbitrario (No Backtesting). Cambia la amplitud de canal que determina cuando es rango (barras amarillas por...
Created by request.
This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to...
This double EMA crossover strategy aims to illustrate a good strategy design.
It is currently the only published script that:
supports a proper date picker for the backtest period
is able to test in short and long mode only
This "Strategy" project has been created by request.
*** EXPERIMENTAL ***
*** USE AT YOUR OWN RISK ***
Strategy based around Renko Bar Chart emulator (ATR) with direction change used to signal long/short trades.
I have generally found that setting the strategy ATR resolution to 3-5x that of the chart you are viewing tends to yield the good...
This strategy is the one illustrated by Trade Pro in the YT video "76% Win Rate Highly Profitable Trading Strategy Proven 100 Trades - 3 EMA + Stochastic RSI + ATR"
It uses Stochastic RSI Crossover to determine when the enter the trade and multiple EMA to identify the trend. ATR is used to calculate SL and TP. Watch the video if you need more info on the...