This TMA study is called rollercoaster for the rounded ways it follows the moving average. Tried pinpointing entry/exit points as well as I could. Included alertconditions as well as syntax at the bottom for use with Autoview in a margin or spot trading environment. There is also the Strategy side chart use :)
As usual, free to use, change it to suit your needs,...
ZLEMA was orignally created by John Ehlers.
"All smoothing filters and moving averages have lag. It’s a law. The lag is necessary because the
smoothing is done using past data. Therefore, the averaging includes the effects of the data several
bars ago. In this article we show you how to remove a selected amount of lag from an Exponential
Moving Average (EMA)....
Developed by Tim Tillson, the T3 Moving Average is considered superior to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as well. However, it bears the disadvantage of overshooting the price as it attempts to realign itself to current market conditions.
It incorporates a smoothing technique...
This is an overlay indicator for EMA in various timeframe (1h-4h-12h-1D), backtesting is needed and I am not responsible for any miscalculation done by the code.
Current GUI is in Vietnamese but I think you guys will understand what it says.
It shows amount of longs vs shorts for Bitfinex.
It can be applied to any currency that has a long/short option on Bitfinex.
It works with any other exchange but it pulls short long data from Bitfinex.
Useful for "reading" the market sentiment.
Use it well. Be blessed.
Bitcoin tends to have bad Sundays, so this strategy just sells on Saturday, and buys back the next Wednesday if the price is kinda going up!
(Its Jonnys first script, so is this really just published for people looking for simple code to learn from :-)
(The strategy works best if you set your chart time period to 1 day.)
