Ironman What is it? how it does it? And how to use it: i) Ironman is a multifaceted strategy builder, which uses coloured candles which represent certain customisable inputs being in confluence with one another and the set scenario. ii) There are 7 customised technical indicators which can be input as a basis for the analytical review. iii) Determine a...
Created by @imjesstwoone and @mickey1984, this trade model attempts to capture the expansion from the 10:00-14:00 EST 4h candle using just 3 simple steps. All of the information presented in this description has been outlined by its creators, all I did was translate it to Pine Script. All core settings of the trade model may be edited so that users can test...
Bollinger Bands Strategy : INTRODUCTION : This strategy is based on the famous Bollinger Bands. These are constructed using a standard moving average (SMA) and the standard deviation of past prices. The theory goes that 90% of the time, the price is contained between these two bands. If it were to break out, this would mean either a reversal or a...
Rate of Change Strategy : INTRODUCTION : This strategy is based on the Rate of Change indicator. It compares the current price with that of a user-defined period of time ago. This makes it easy to spot trends and even speculative bubbles. The strategy is long term and very risky, which is why we've added a Stop Loss. There's also a money management method...
RSI & MA Strategy : INTRODUCTION : This strategy is based on two well-known indicators that work best together: the Relative Strength Index (RSI) and the Moving Average (MA). We're going to use the RSI as a trend-follower indicator, rather than a reversal indicator as most are used to. To the signals sent by the RSI, we'll add a condition on the chart's MA,...
Narrow Range Strategy : INTRODUCTION : This strategy is based on the Narrow Range Day concept, implying that low volatility will generate higher volatility in the days ahead. The strategy sends us buy and sell signals with well-defined profit targets. It's a medium/long-term strategy. There's also a money management method that allows us to reinvest part of...
Monthly profit displays profits in a grid and allows you to know the gain related to the investment during each month. The profit could be computed in terms of gain/trade_cost or as percentage of equity update. Settings: - Profit: Monthly profit percentage or percentage of equity - Table position This strategy is intended only as a container for the code and...
MRS - Mean Reversion Strategy (Countertrend) (Envelope strategy) This script does not claim to be unique and does not mislead anyone. Even the unattractive backtest result is attached. The source code is open. The idea has been described many times in various sources. But at the same time, their collection in one place provides unique opportunities. Published...
This strategy uses three indicators: RSI (Relative Strength Index) - It indicates if a stock is potentially overbought or oversold. CCI (Commodity Channel Index) - It measures the current price level relative to an average price level over a certain period of time. Williams %R - It is a momentum indicator that shows whether a stock is at the high or low end...
This Strategy focuses on strategically Martingaling when the price has dropped X% from your current Dollar Cost Average (DCA). When it does Martingale, it will create a Purchase Grid around this location to likewise attempt to get you a better DCA. Likewise following the Martingale strategy, it will sell when your Profit has hit your target of X%. Martingale may...
The concept of the Fibonacci Bands indicator was described by Suri Dudella in his book "Trade Chart Patterns Like the Pros" (Section 8.3, page 149). These bands are derived from Fibonacci expansions based on a fixed moving average, and they display potential areas of support and resistance. Traders can utilize the Fibonacci Bands indicator to identify key price...
INTRODUCTION : This is a daytrading/swing strategy designed mainly for indian market where internally has been adapted to NIFTY market and as well using for internal calculations the values of the candles from NIFTY asset. With it we search to use with the most correlated asset from the indian market. For this example I choosed BANKNIFTY STRATEGY: The...
## █ Introduction and How it is Different The trading strategy in question is an enhanced version of the SuperTrend indicator, combined with AI elements and an ADX filter. It's a multi-timeframe strategy that incorporates two SuperTrends from different timeframes and utilizes a k-nearest neighbors (KNN) algorithm for trend prediction. It's different from...
MACD Strategy_basker, which will see the macd cross over and update buy sell. then do trailing sl
The trading system is a trend-following strategy based on two moving averages (MA) and Parabolic SAR (PSAR) indicators. How it works: The strategy uses two moving averages: a fast MA and a slow MA. It checks for a bullish trend when the fast MA is above the slow MA and the current price is above the fast MA. It checks for a bearish trend when the fast MA...
RENKO STRATEGY CAUTION : This strategy must be applied to a candlestick chart (not a Renko chart). INTRODUCTION : The Traditional Renko chart has been reproduced and is plotted according to the evolution of the price. It will enable us to receive buy or sell signals and follow major trends. This is a medium/long term strategy and depends a lot on the box...
What is the Heikin Ashi Smoothed Buy Sell with Filters Backtest ? It is the backtesting version of the Heikin Ashi Smoothed Buy Sell with Filters indicator. This Pine Script code defines a complex indicator used to determine buy-sell signals on financial charts. The indicator operates based on the smoothed version of Heikin Ashi and is fortified with various...
The 2Mars strategy is a trading approach that aims to improve trading efficiency by incorporating several simple order opening tactics. These tactics include moving average crossovers, Bollinger Bands, and SuperTrend. Entering a Position with the 2Mars Strategy: Moving Average Crossover: This method considers the crossing of moving averages as a signal to...