Introduction The MESA Adaptive Moving Average (MAMA) was originally presented by John F. Ehlers. By design, it is a special kind of Exponential Moving Average with self-adjusting alpha. Its adaptation is based on the rate change of phase as measured by the Homodyne Discriminator and the alpha parameter is allowed to range between a maximum and minimum value (Fast...
This is an PS4 update to the popular Dual Thrust trading algorithm posted by me some time ago (). It has been commonly used in futures, Forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update the look back period - theoretically making it more stable in any given...
Hi again :) Script #2 for tonight, more to come :) This one is a Pine transcription of a FXCM/LUA script called BSTrend I used it years ago to trade index on very low timeframes with it. I'm always looking for oscillators that are more reactive than the traditional MACD. And even more reactive than the MACD Zero Lag This is a proof of concept that Pinescript...
BFT Algo 1.7.0 Release - Overhauled and rewritten codebase - Major speed optimization - Algorithmic graphic output reworked - Advanced Trading option added - A bunch of bugs fixed - Optional 200DMA for position trading direction
Introduction As you know the Jurik RSX is a "noise free" smoothed version of RSI (Relative Strength Index), with no added lag. It was originally developed by Mark Jurik and is used the same way as RSI. To learn more about this indicator see www.jurikres.com The most basic and common strategy is to use the crossovers between Jurik RSX and its...
Introduction As you know the Relative Strength Index (RSI) was originally developed by J. Welles Wilder and was described in his book "New Concepts in Technical Trading Systems" (1978). It is intended to measure the strength or weakness of an instrument for the specified period. The most basic strategy is to use the crossovers as trade signals: when RSI ...
Hi everyone Big program for the daily indicator This one will be free on trial only for a week because it has an immense value and required quite a lot of work. For more info to use it long-term, please DM me That out of the way, let's dive right in... This is a huge upgrade from that script Ultimate-Algorithm-Builder-Single-Trend The Tradingview non-pro...
Dab Your Self Trading Script - this script is an algo for determining certain values per candle -- request by Dab Your Self
Introduction I was faced with the fact that many authors contradicted each other about the indicator settings. Each trader offers his(her) own settings, without having an evidence base. Therefore, I decided to make an algorithmic optimizer. What is this tool? This tool is a performance optimizer that uses a decision tree-based algorithm under the hood to find...
I believe the most of users know the Double Top Pattern, so I omit the introduction. The algorithm uses 10 internal watchers to identify the incomplete M-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference...
I think everybody knows the Double Bottom Pattern, so I omit the introduction. The algorithm uses 8 internal watchers to identify the incomplete W-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two...
Introduction The Aroon indicator was developed by well-known technical analyst Tushar Chande in 1995 and is used to identify trend changes in the price of an asset, as well as the strength of that trend. The fact that he named the indicator "Aroon" which is Sanskrit for "Dawn’s Early Light" demonstrates his belief in his indicator's trend discovery...
Introduction As you know, Parabolic Stop and Reverse (SAR, PSAR) was originally developed by J. Welles Wilder and was described in his book "New Concepts in Technical Trading Systems" (1978). It derives its name from the fact that when charted, the pattern formed by the points resembles a parabola. Mr. Wilder described it as "one of my favorite systems because...
The Dual Thrust trading algorithm is a famous strategy developed by Michael Chalek. It has been commonly used in futures, forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update the look back period - theoretically making it more stable in any given period.
Introduction The Vortex Indicator is a technical indicator invented by Etienne Botes and Douglas Siepman (Technical Analysis of Stocks & Commodities, V.28:1 (January, 2010): "The Vortex Indicator") to identify the start of a new trend or the continuation of an existing trend within financial markets. It is composed of two lines, +VI and -VI . +VI ...
Hi everyone, There are a lot of possible ways to look at markets and find valid patterns. This time, I've looked at how shorter time frames deviate from the overall price consensus. What you're seeing here is a range-bound difference of the lowest time frame from the overall price consensus (baseline), represented as blue line. When lower time frames agree...
CryptoMedics are happy to announce the release of our new Algorithmic trading bands! The Bands can be used as dynamic support and resistance levels. Anything from scalping on the 1m chart to swing trading on the daily. The opportunities are endless. Developed using tried and tested methods that hedge funds from wallstreet to smart individual traders have used...