So far in this series of posts, we have worked thru creating a basic zero-lag moving average, then moved forward all the way to coding a "Fibonacci" Weighted Moving Average. in this post we take a look at a technique that can help traders minimize noise in the underlying data and get better insight on the changes that are happening in the data series represented...
This indicator will show the swing high and lows for the number of bars back. It's very easy to use and shows good support and resistance levels. I then took it a step further and added a moving average with all the standard types in my indicators: SMA EMA Weighted Hull Symmetrical Volume Weighted Wilder Linear Regression I then added Bollinger Bands to show...
// Draw swing Lines based on SMA // Each swing line must cross SMA // --------------------------------------------------- // Input: // sma(Number): Default 50; // showSMA: Default 'true'; if showSMA ='false', do not show SMA line; // Deviation(%): Default "1"; To draw a new swing line, Price must cross SMA more than (n% of SMA) // In weekly...
Simple Moving Average (MA) indicator to assist newbies traders. Suitable to forecast uptrend sign. Yellow - MA5 > MA10 - beginning of uptrend Green - MA10 > MA20 - uptrend increase Cyan - MA20 > MA50 - strong uptrend Dot / Small Circle - line MA20 Line MA50 (purple) above line MA200 - bullish and strong Uptrend --------------------------- Indicator...
EMA Channel basic version uses high and low 48 periods to find the region that acts as strong support (when price is above the channel) and resistance (when price is below the channel). How to use this channel? Prefer to buy above this channel and sell below the channel Prefer to avoid trading when price is within the channel
"SHWR Bands" are designed for multiple types of traders such as scalpers, knife catching degenerates, swing traders, etc. The midline is based off of an Event Anchored VWAP ("eVWAP"?) instead of a periodic or period based one because that just doesn't make sense to me for a 24/7 market. The bands aren't regular stdevs, they're devs based off of something else...
This strategy is based on the slope of the EMA130. Over that slope, the script calculates two EMAs (9,21) which are used to generate the main entry and exit signal. In particular, the strategy enters a LONG position when EMA9 > EMA21. On the contrary, it closes the LONG and opens a SHORT when EMA9 < EMA21. When the slope of the EMA130 is rising, it means that...
This is a volume-weighted version of the Elder Impulse System. The Elder Impulse System utilizes the MACD along with EMA13(in general) to find the optimal entry and exit points. In this version, the MACD and EMA have both been changed into a Volume-weighted version. With volume involved, the indicator is, in general, faster than the original Elder Impulse system,...
Converted the hull suite into a strategy script for easy backtesting and added ability to specify a time periods to backtest over.
This script implements the Binary Trade Logic (BTL) algorithm to calculate two distinct scores that range from 0 to 7. One score is calculated assigning a power of 2 weight to the positive sign of 3 Phi^3 distant Moving Average (MA) slopes. The other score is calculated assigning a power of 2 weight to the sign of the difference between the price and the value of...
This script implements the Binary Trade Logic (BTL) algorithm to calculate two distinct scores that range from 0 to 7. One score is calculated assigning a power of 2 weight to the positive sign of 3 Phi^3 distant Moving Average (MA) slopes. The other score is calculated assigning a power of 2 weight to the sign of the difference between the price and the value of...
The Alligator is a Very Powerful Indicator Some people think it's just 3 moving averages. But in reality, it is far more than that. Read more about Alligator and Bill Williams The Purple Magic Line has been derived from Bill Williams Alligator. Together the Alligator we call the AIMS Gator. It is a smooth moving average based on the Chaos Red Line of the 5...
Adapted from Tim Graham's Code. See Original Inspiring Article from Phillip Swift at: @positivecrypto When looking into BITSTAMP:BTCUSD 1D data in spreadsheet. Historically, BTC Highs Hit (Simple Daily Moving Average 350 Days) DMA350 in reverse Fibonacci Sequence Order 2013 Hit DMA350*8 before All Time High (ATH) 2017 Hit DMA350*5 before ATH I expect 2021 to...
Technical Indicator Moving Average of Oscillator (Moving Average of Oscillator OsMA) is the difference between the oscillator and oscillator smoothing. In this case, an oscillator is used the basic MACD line and the smoothing of the signal. Calculate: OSMA = MACD - SIGNAL MACD = EMA(CLOSE, 12) - EMA(CLOSE, 26) SIGNAL = EMA(MACD, 9)
Trend based on moving averages, indicated by ribbon, and profit zones based on re-tracement zones of Fibonacci. Target Zones - 38% is TP1 - first line break - 62% is TP2 - second line break Ribbon can be used to identify the trend: -Price action below ribbon is bearish -Price action above is bullish -Price will likely bounce off ribbon once for a continuation of...
This script builds an EMA (Exponential Moving Average) on special price conditions using the following: Averaged price if the current bar (c.=1/4(o.+c.+l.+c.) Midpoint of the previous bar (o.=1/2(o. of prev. bar+ c. of prev. bar) and h.=max(h.,o.,c.) l.=min(l.,o.,c.) It gives alerts on price crossing the EMA (breakout/breakdown) and plots OUT and IN when the...
SMA EMA and VWAP all in one for you free accounters out there! The ultimate chart inspired by RizeSenpai created by Bitcorns-trader aka FACE aka ( ͡° ͜ʖ ͡°)