What? In the price action, levels have a significant role to play. Based on the price moving above/below the levels - the underlying instrument shows some price-action in the direction of breakout/breakdown. There are plenty of ways level can be determined. Levels are the decision point to take a trade or not. But if we make the level derivation complex, then...
Flying Dragon Trend Strategy can be used to indicate the trend on all timeframes by finetuning the input settings. The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the...
We are presenting you feature for strategies in Pine Script. This function/pine script is about NOT opening trades on selected days. Real usage is for bank holidays or volatile days (PPI, CPI, Interest Rates etc.) in United States and United Kingdom from 2020 to 2030 (10 years of dates of bank holidays in mentioned countries above). Strategy is simple - SMA...
Description: A Long only strategy based on breakout from a certain level formed by High price. It has auto-backtesting capabilities (you set ranges for the three main parameters: Lookback, TP and SL; the strategy then goes through different combinations of those parameters and displays a table with results that you can sort by Percentage of profitable trades...
Hello traders This script is an upgraded version of that one below New features - Upgraded to Pinescript version 5 - Added the exit SL/TP now in real-time - Added text fields for the alerts - easier to send the commands to your trading bots Step 1: Create your connector Adapt your indicator with only 2 lines of code and then connect it to this...
This strategy is a combination of 2 indicators based on EMA(actually x3 EMAs and Williams ind. We usin this to see where EMA fast is above EMA slow(for long), entry position when price hit fast EMA and exit if trend changes or price overbought, or by stoploss 1%. The opposite for a short position. For better result You can change every EMA's, stoploss, Willam's...
iMoku™ is a professional all-in-one solution for the famous Ichimoku Kinko Hyo indicator. The algorithm includes: 1. Backtesting spot 2. Visual tool 3. Auto-trading functions With iMoku you can test four different strategies. Strategy 1: Cross Tenkan Sen - Kijun Sen A long position is opened with 100% of the invested capital ($1000) when "Tenkan Sen"...
50 Pips A Day Strategy This strategy is designed to work on 1 hour timeframe. It is designed to capture the early market move of major forex pairs like EURUSD or GBPUSD. It takes the high and low of the first candle (7 a.m. GMT, London Stock Exchange opens) and places to pending orders at these prices levels. High + additional gap in pips = buy stop pending...
Today I am sharing with the community trend cross strategy template that incorporates any combination of over 20 built in indicators. Some of these indicators are in the Pine library, and some have been custom coded and contributed over time by the beloved Pine Coder community. Identifying a trend cross is a common trend following strategy and a common custom-code...
Strategy: Using 10 and 200 Simple moving averages, we capitalize on price pullbacks on a general uptrend to scalp 1 - 5% rebounds. 200 MA is used as a general indicator for bullish sentiment, 10 MA is used to identify pullbacks in the short term for buy entries. An optional bonus: market crash of 20% from 52 days high is regarded as a buy the dip signal. An...
This strategy script is a combination of two indicators developed by LuxAlgo: Triangular Momentum Oscillator & Real Time Divergences ( TMO ) Adjustable MA & Alternating Extremities (AMA) The script combines the BUY and SELL signals from the TMO indicator with the BUY and SELL extremities shown by the AMA script and waits for the smoothed candles to grow...
| Initial Release | | EN | An update of my old script, this script is designed so that it can be used as a template for all those traders who want to save time when programming their strategy and backtesting it, having functions already programmed that in normal development would take you more time to program, with this template you can simply add your favorite...
Hello Guys! Nice to meet you all! This is my Second script after changing My Profile Name! I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI). If there's something to update, I will update this script! Thank you! ----- I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All! ###...
This version including specific back test period function , and default unit per one order is 0.02BTC , if you would like to use it in USD unit please go to setting to change the setting. This script's mainly indicator author is Chaloke.com. this version is just only add strategy back test and specific period function. Thanks😀
Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bull Power measures the ability of buyers to...
This strategy is based on the gaps theory. In this case we have the BTC futures from CME, which acts in a way similar to stocks, and we can have gaps present between close/open session, and also sometimes between same candle due to huge movements intra candle. At the same time I have combined this with a daily moving average, to help out a bit with the trend,...
A simple and classic strategy on market, created by LarryWillians using a EMA9. The brute model use a Cross from closing price on EMA9. But occurs many false entries. In other to correct this kind of thing, I add a SMA21 to confirm the trend and decrease numbers of false trades. The strategy waits to break the last High (for buy) a position. As a strategy...
What is "Faytterro Estimator Strategy"? "Faytterro Estimator Strategy" is strategy of faytterro estimator. if you want to know more about faytterro estimator: What it does? It trades according to the signals given by faytterro estimator and some additional restrictions. How it does it? Using the faytterro estimator and the following variables, it gives buy...