Hey guys I made this indicator that plots major and minor lows based on the candle duration since it's last seen a lower low or higher high.
I made this after watching a seminar and seeing it as a way to simply, easily and naturally find the plot points for fibonacci retracements and extentions.
Blue dots are Major, Purple are Minor.
The dots only appear if...
Again, ichimoku based signal generator, this time using the Kijun-sen (Base line) and the Tenkan-sen (Conversion line) to assess price action.
Works best on timeless charts (e.g. Point & Figure, Renko's, ...).
Use with caution !! ... or with very small TP targets !!
Indicator Script for identifying Narrow Range 4 / 7 + Inside Bar
It also helps to check whether NR4 / NR7 breakout trading has been profitable or not in the past in a particular instrument.
It has helped me to select profitable scripts and avoid losing ones. Can be used for anytime frame.
NR4 == Narrowest range of 4 periods + signal day is an inside...
Intervals have been changed to account for a 24/7 cryptocurrency trading period. Values were then doubled so that the trader can avoid fakeout breakouts/traps. This leads to a bit less signals but rather, more sure signals instead. Very useful and more safe, even in smaller timeframes. Colors were set to the standard and breakout arrows are now enabled by default.
By using Heikin Ashi trend spotting/following combined with EMA trends and Donchain Channels for determining Highs and Lows of periods, I created this algorithm to try and predict daily swing trading. This could be used in combination of other indicators to give better certainty of winning. This isn't a real-time trading strategy as it's looking for confirmation bars.
A port of the TradeStation EasyLanguage code for a mean-revision strategy described at
"In “Mean-Reversion Swing Trading,” which appeared in the December 2016 issue of STOCKS & COMMODITIES, author Ken Calhoun
describes a trading methodology where the trader attempts to enter an existing...
This indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe of certain currency pairs, but will work on all timeframes and instruments. The rules are customizable, but the default settings are designed to reflect the rules of Steven's pullback strategy as closely as...
I was reading some Impulse Trading literature by A. Elder.. In it, someone named Kerry Lovvorn proposed "An End of Day Trend Following System" for someone lazy.
Originally it is just price closing above an 8 ema (low) for long. Exit when price closes below an 8 ema (low). The opposite for a short position.
Conditions: Buy when price closed below...