Once again, I wish that tradingview offered at least a year of data on 15 minute time frames, but too bad.
The only issue is that the last 2 and 1/2 months over which this was backtested is not enough and does not provide actual representation of future results.
However, if it is, then I can comfortably earn 100%+ every month on average.
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.
This is a Linear Regression Channel tool, similar to the hand tool in the left toolbar, but it automates the drawing. It has a rolling look back. Range mode shorts the upper channel and longs the lower crossover with no closing rules. Trend mode longs the break out and closes at the regression. It draws a linear line between the candles then computes an upper and...
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
Hi everyone.
This is my first strategy ever.
So, I'm having a trouble with the exits and was wondering if anyone could help me out.
The error says that the order's limit was reached. Doesn't matter if I back test it just for one day.
Any ideas on what's going on?
This is my variation of the famous Drexel Strategy. I've modified a few of the things, for instance using a JMA smoothing average as well as the RSX calculation from LazyBear. This strategy does not repaint I do not think, when I called the high and low I used or calculated things from open. I believe I avoided curve fitting because I get similar results across...
Making this one an open script for you people.
Commission_value = 0.02 is the same as a 50 pip gold spread.
Start capital $10,000.
1.00 lots = 1 contract on this.
Trend establishment with the 600 period moving average, trend continuation with the crossover/crossunder.
This strategy is great for finding trends on XAUUSD.
Side note: if anyone knows MQL4...
ParSar and MACD strategy depends on the crosses of PARSAR indicator above/below the closing price and is filtered by the MACD indicator. it yields good profits on stocks. however, it doesn't work very well for Forex if you want to use it on forex please apply it to higher time frame starting from 4H.
200 - WEEKLY MOVING AVERAGE
GREEN LINE IS 200 WEEKS MOVING AVERAGE OF CLOSE
BLUE LINE IS 200 WEEKS MOVING AVERAGE OF LOW MULTIPLIED BY 0.90
RED LINE IS 100 WEEKS MOVING AVERAGE OF CLOSE
CONDITION: GREEN LINE SHOULD BE ABOVE RED LINE AND PRICE SHOULD BE ABOVE GREEN LINE
BUY ONCE THE PRICE IS ABOVE GREEN LINE AND FULFILLS THE CONDITION.
TARGET 1 FOR TIME FRAME...
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.
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.
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...
