Daytrading Indicator for precise entry base in trend continuation pattern
Hi, This script's purpose is to provide a really quick view of gain/loss of a buying price. As it is my first script, it is not perfect. You have to select % scale and input your buying price in the options. I'll continue to work on it to : - make an auto selection of % scale (if possible) - render different colors (positive/negative differentiation in...
Primarily for binary options Multicurrency Timeframe 5 minutes + This indicator includes: 1. Bollinger waves 3 levels - on / off 2. Moving averages 2 pieces - on / off 3. Price channel - on / off 4. Day support and resistance level - on / off 5. The main support and resistance level for 120 minutes - on / off Any of the indicators is configurable. The optimal...
Further refinement from version 6 to handle sideways movement and bearish trends slightly better. Surfing the waves on 15m timeframe seems to work well.
Minimum and maximum points in a day trading session. It may help you spot the range which min and max occur in a session. In day trading, for example, at securities like GBPNZD, minimum happens between 02:00-05:00 ET and maximum between 08:00-14:00 ET. This indicator can help you test this hypothesis. Happy trading!
Measure of the total candle length, including the upper and lower wicks. Works best as a histogram in my opinion. Used as a quick reference for the high minus the low of each candle.
This indicator has three built in indicators based on the SMA of HIGH, SMA of LOW, and Stochastic. The baseline indicator is the retreats after departures from SMA of HIGH and LOW. The first time a HIGH that is above the SMA HIGH has a lower HIGH but it still above the SMA HIGH, a (-) will appear at the bottom. This signals an aggressive entry point for potential...
Rate of change of most volatile JPY and GBP pairs. All pairs ending in JPY are red except GBPJPY (colored yellow --currently most volatile 7/2016). GBPNZD is blue, the other GBP pairs are green, lime and teal. GBPJPY and GBPNZD are my favorite day trading / swing trading pairs. This script allows me to see the action of the most volatile and liquid pairs on one...
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...