swingtrading

Swings low/high on another timeframe

This script is best used with Wave Momentum Oscillator because it indicate whether the market is still choppy and uncertain before you enter a trade based on the Wave Momentum - only use this indicator if you are a WaveTrader.

This is based on two well known Bill Williams Fractal and Alligator strategies. The following code is an implementation is similar to reversal strategy specified here: forexwot.com and another well know Alligator break out strategy. This was achieved by combining some of...

The 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective. It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...

Kawabunga Swing Failure Points Candles (SFP) by RagingRocketBull 2019 Version 1.0 This indicator shows Swing Failure Points (SFP) and Swing Confirmation Points (SCP) as candles on a chart. SFP/SCP candles are used by traders as signals for trend confirmation/possible reversal. The signal is stronger on a higher volume/larger candle size. A Swing Failure Point...

Description: This is a major upgrade of my original QQE indicator Tool, this version is directed at Forex and Crypto Margin trading. This version can also be used with AutoView/ProfitView Chrome add-on in a semi-automatic (turn on only when conditions are favorable) or automatic way, with Signal to Signal or Signal to Close trading. This is a Trend following...

This script idea is designed to be used with 10pip brick (recommended) Renko charts. It combines the Renko price action with a directional coloured EMA (default length 6) and a RMI (instead of the usual RSI) indicator to provide entry and exit signals. RMI is bit like RSI with a built-in momentum factor and works well with Renko. Signals can optionally be...

This is a diversified Binary Option or Scalping Alert indicator originally designed for lower Time Frame Trend or Swing trading. Although you will find it a useful tool for higher time frames as well. The Alerts are generated by the changing direction of the ColouredMA (HullMA by default), you then have the choice of selecting the Directional filtering on these...

This system was designed for the beginner trader to make money swing trading. Your losses will be small and your gains will be mostly large. You will show consistent profit. Period. The system works on any security you like to trade. I used GBPUSD as an example because of the up swing and down swing it had recently. I tried to put as much information of how the...

Description: This is the Backtest version of the "QQE Cross v6.0 by JustUncleL" Tool, can be used to optimize settings.

This moving average, in contrast to the standard, shows a slowdown of the current trend - it draws additional zones of yellow color. These zones show a possible trend reversal by 1-2 bars earlier than the standard Hull moving average. Additionally, there are arrows to enter a position and the second is the same MA for another timeframe, which can be selected in...

Constructs the trailing ATR stop above or below the price, and switches directions when the source price breaks the ATR stop. Uses the Average Directional Index (ADX) to switch between ATR multipliers. The higher multiplier is used when the ADX is rising, and the lower ATR multiplier is used with the ADX is falling. This ADX criteria further widens the gap between...

This is an RSI Swing Trading System roughly translated from backtestwizard.com. It uses ATR for profit target & stops. It uses a 26 week EMA filter to go long.

This indicator will help you if you struggle making any profit in bitcoin. It generates very few signals with very nice profit potential ( around 100% this year ! ). Perfect tool for longterm swing traders and new traders that need help figuring out the midterm trend. Use it with these parameters only: weekly: 13, 5, 12 daily: 92, 21, 96

Originates from: I was reading some Impulse Trading literature by A. Elder.. In it, someone named Kerry Lovvorn proposed "An End of Day Trend Following System" for someone lazy. Originally it is just price closing above an 8 ema (low) for long. Exit when price closes below an 8 ema (low). The opposite for a short position. Conditions: Buy when price closed below...

This indicator alert study attempts to detect confirmed Swing points. It uses Bollinger Band centre line crosses as the main signal. The main detection occurs by looking for the first BB centre line cross that was initiated from outside the Bollinger Channel (alternatively KC channel can be used). The optional HullMA (any any other MA pair) are used to confirm the...

Extension of Market God Indicator, but slightly superior in its application to trading. Utilizes the Ichimoku buy and sell trading signals as defined on investopedia.com and uses combined components with KDJ indicator for improved accuracy. All Timeframes All tickers All chart types Visual cloud can be turned off. Leaving script open for all to add to/grow...

The Volatility Based Momentum (VBM) indicator is a variation on the rate-of-change (ROC) indicator. Instead of expressing momentum in a percentage gain or loss, VBM normalizes momentum using the historical volatility of the underlying security. The VBM indicator offers numerous benefits to traders who orient their trading around volatility. For these traders,...