-Modified version of Squeeze Momentum Indicator by @LazyBear. -Converted to version 5, -Taken inspiration from @KivancOzbilgic for its buy sell calculations, -Used @Bunghole strategy template with Take Profit, Stop Loss and Enable/Disable Toggles -Added Custom Date Backtesting...
This strategy is based on DMI indicator. It helps me to identify base or top of the script. I mostly use this script to trade in Nifty bank options, even when the signal comes in nifty. It can be used to trade in other scripts as well. Pivot points can also be used to take entry. Long entry is taken when DI+(11) goes below 10 and DI-(11) goes above 40, whereas...
This strategy is based on DMI indicator. It helps me to identify base or top of the script. I mostly use this script to trade in Nifty bank options, even when the signal comes in nifty . It can be used to trade in other scripts as well. Pivot points can also be used to take entry. Long entry is taken when DI+(11) goes below 10 and DI-(11) goes above 40 , whereas...
5MSM VISHNU Indicator for Trending Markets originally written by patrick1994. It was originally based on the MACD 12-26 and the 50 bar EMA . The macd hist is color coded with green as buy and sell as red. I added an option to use a couple of lower lag ema's (See line 13 - ema_signal). 5MSM VISHNU with MACD Indicator for Trending Markets Originally written by...
This is a Strategy with associated visual indicators and Long/Short and Reverse/Close Position Alerts for the Choppiness Index (CHOP) . It is used to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). CHOP is not directional, so a DMI script was ported into this strategy to allow for trend...
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs). The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal. Backtest period = 09/17/1916 - 11/02/2015 Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR Algorithm = net...
The momentum strategy is simple, if price action is higher than it was for x bars back, and also higher than it was last candle, we have upwards momentum. This momentum will be positive until a candle closes lower than the previous candle and also lower than x bars back - at which point we have downwards momentum. The concept behind the Momentum Strategy is that...
ATTENTION: This is a symmetrical algorithm designed only for trading EUR/USD on the 1h time frame. For other currency pairs and time frames, you need to re-calibrate the RSI-EMAs as well as the profit targets and stop losses. BACKTEST CONDITIONS: Initial equity = $100,000 (no leverage) Order size = 100% of equity Pyramiding = disabled TRADING RULES: Long...
This is a simple swing trading algorithm that uses a fast RSI-EMA to trigger buy/cover signals and a slow RSI-EMA to trigger sell/short signals for SPY, an xchange-traded fund for the S&P 500. The idea behind this strategy follows the premise that most profitable momentum trades usually occur during periods when price is trending up or down. Periods of flat price...
This script is a blend of open source cipher B indicator by VuManChu and Hammers & Stars strategy made by ZenAndTheArtOfTrading. "Golden buy" is based on divergencies and was considered as one of the top strategies for cryptotrading. So I used it for entrance point in this script. You can turn on opening short positions which are based on divergencies as well....
I improved Squeeze Momentum Indicator by LazyBear (momentum filter, changed data source to ohlc4) and transformed it into a strategy, adding a risk management system + ability to customize time frames for backtest. Shortly about Squeeze Momentum Indicator: This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book...
This strategy was inspired by two famous Trading View contributors. Shout out to Lazy Bear and Crypto Face! The strategy includes a similar replication of the blue wave, and MFI indicator. The point of the strategy is to buy when the blue wave crosses up the zero value, and the MFI is greater than zero value. This indicates that there is strong bullish momentum...
This strategy tries to mimic TradingLatino strategy. The current implementation is beta. Si hablas castellano o espanyol por favor consulta MENSAJE EN CASTELLANO más abajo. It's aimed at BTCUSDT pair and 4h timeframe. STRATEGY DEFAULT SETTINGS EXPLANATION max_bars_back=5000 : This is a random number of bars so that the strategy test lasts for one or two...
This is a strategy utilizing multiple of Evergets RMI (thanks to him for permission to publish) and a Chance Momentum. It buys when 4 of the RMIs are below their thresholds and sells when they are above. There is a 5th one I added last night that works in Reverse - buy when its above and sell when below, which should work better for pyramiding strats by using it...
This is version 2 of my Forex Master algorithm originally posted here: BACKTEST CONDITIONS: Initial equity = $100,000 (no leverage) Order size = 100% of equity Pyramiding = disabled TRADING RULES: Long entry = EMA5(RSI20) cross> 50 Profit limit = 50 pips Stop loss = 50 pips Short entry = EMA5(RSI20) cross< 50 Profit limit = 50 pips Stop loss =...
Hey, First of I'm not so familiar with Pine Editor, yet. But a do need some help with a trick thing I*ve been working on. As you can see I*ve merge the MACD and the MOMENTUM indicators in the same "chart" this have been working pretty well for me as a trading strategy. But now a chat tho create a real strategy with Pine Editor based on the same data. The thing is...
This is Heikin-Ashi Strategy + Backtest range that I think useful for BTCUSD pair.
Credit to LazyBear and Kiasaki for code used in this indicator. Squeeze Momentum indicator illustrates when a momentum squeeze is happening by calculating when Bollinger Bands are within a Keltner Channel. This simple strategy is based on when the momentum is crossing positive or negative. INSTRUCTIONS Green = Long Red = Short White = No Trade