EN: TradingView indicator for FBMA strategy People oftem ask: “Dmitry, BABA, TSLA, AAPL flies like a rocket! Well, what are we buying!?” - And I say no, the price does not act like a straight rocket upwards or downwards, instead it breathes, inhales moving away from the moving average and exhales returning to it, so we will wait for the first pullback and buy...
This revision is an open Public release, with just some minor changes. It is a revision of the Strategy "Open Close Cross Strategy R2" originally published by @JayRogers. *** USE AT YOUR OWN RISK *** JayRogers : "There are drawing/painting issues in pinescript when working across resolutions/timeframes that I simply cannot fix here.. I will not be putting any...
This indicator returns a moving average converging toward the price the more a trend makes new higher-highs or lower-lows depending on the detected trend. Settings Length: Controls the initial moving average smoothing factor ( 2 / (Length + 1) ), as well as the period of rolling maximums/minimums. Increment: Smoothing factor increment ( 2 / (Increment+ 1)...
This is a Non Repaint version of my ever popular "Open Close Cross Strategy R5 revised by JustUncleL". After many comments/PMs on repainting issues of the original script, I decided to create this Non Repaint version for those that require non-repainting signals. Backtesting performance will not be as good as the repaint version, but some script maybe still...
Many technical analysts use moving average crosses to assess trend changes. A faster-moving MA crossing above a slower-moving line may be viewed as a bullish signal. The opposite can apply to the downside. While these methods may help analyze price direction, they can often force traders to wait until the cross occurs. Sometimes it may be useful to anticipate the...
This is a pretty simple script that plots lines for various moving averages (what I think are the most commonly used across all markets) of varying lengths of timeframes of the user's choosing. Timeframes range from 5 minutes up to one month, so regardless if you're a scalper or a swing trader there should be something here for you. There are 8 lines (that can be...
Todays Script uses 5 Moving Averages with the new function on V5 called fill, we can now colour fill between moving averages. 9ema 20ema 50ema 100ema 200ema 100-200ema which is labelled in Redis where the big impulse moves will fall into if the pressure is so strong on the opposite of the trend. 50-100ema which is labelled in Blue is where price could be heading...
A moving averages SandBox strategy where you can experiment using two different moving averages (like KAMA, ALMA, HMA, JMA, VAMA and more) on different time frames to generate BUY and SELL signals, when they cross. Great sandbox for experimenting with different moving averages and different time frames. == How to use == We select two types of moving averages on...
Hello People of the Trading World... Todays script is a basic concept of using Moving Averages and Candle Closes - this works best on Higher Timeframes and only in Bullish Conditions "When the market is trending to the upside - we tend to see price overextend from the moving average and price revert back to the mean (Mean Reversion)" You may ask why would...
GNC got a little update: 1) Logic changed a bit. I tried to calculate MAs based on the power(high - low of previous bars).You can see it the M-variables, as new statements were added in calculation section of MAs. I don't really know if I did right, because I didn't go too much in Pine Script. I just wanted to make a Bollinger-bands-like bands, which could...
Use this to track the daily moving avg's on the 15m chart. by default it is set to be used on ext hours.
Technical indicators are not limited. Hence, here is another indicator with the combination of OBV, RSI, and MACD along with support, and resistance that follows the price while honoring the moving average of 200, 90 & 50. The default lookback period of this indicator is 21 though it is changeable as per the user's desire. The highest high and lowest low for the...
This is an indicator that expresses the ratio of "stage1" and "stage4" of world index. 40 symbols are as follows ("TVC:SHCOMP" is revised to "SSE:000001") (JAPAN, US, EUROPE, and CANADA) OSE:NK2251!, DJ:DJI , NASDAQ:IXIC, SP:SPX , XETR:DAX, TVC:CAC40 , TVC:UKX, TSX:TSX (ASIA) SSE:000001, SZSE:399001, TVC:HSI, TWSE:TAIEX, BSE:SENSEX , OANDA:SG30SGD, INDEX:KSI,...
With inputs for the moving average, Bullish overshoot percentage, and bearish overshoot percentage, this indicator is attempting to show market tops based on the difference between the current price of an asset and how far away it is from its moving average. If you have the bullish overshoot percentage set to 1.5: let's say price is currently at 20,000 and the...