This indicator aims to aid in using the regular London Breakout strategy, as well as improve on it by adding a trailing stop based on the Mean Deviation Index. The London Breakout strategy (according to my personal understanding) basically sees the morning before London open as the accumulation or distribution range for large buyers or sellers, and assumes the...
It is a long only strategy. 1. Buy when price breaks out of the upper band. 2. Exit has two options. Option 1 allows you to exit using lower band. Option 2 allows you to exit using basis line. 3. Slippage and commissions are not considered in the return calculation.
// This is a simple Mean Reversion & Breakout Indicator. // A Donchian Channel is plotted. A threshold equal to 0.25 of Daily ATR. // If price reverses from this threshold, then it can be taken as possible Mean Reversion. // If price crosses the previous Donchian levels, it can be taken as a possible breakout. // Typical of such strategy is the whipsaw effect...
Hello traders Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke) We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^ I - Long Terms concept I had the idea from @scarff. I think it's genius and I use this long terms level in my trading across...
Disclaimer: Use proper risk management and remember that all trading involves risk. Based on RicardoSantos' "Open Session Breakout Trader Strategy" I turned it into a study and tweaked it for trading Silver My goal when creating this was to help visualize breakout lines for multiple trading days at the same time without having to always draw them in.
Introducing A New Calculation For Efficient Bands Calculation ! Here it is ! The Recursive Bands Indicator, an indicator specially created to be extremely efficient, i think you already know that calculation time is extra important in algorithmic trading, and this is the principal motivation for the creation of the proposed indicator. Originally described in my...
I didn't find a study for Inside bar as I wanted. Therefore I wrote a one with PineV4. This may help you to see inside bars. It can recalculate and works with either (opens-closes) or (highs-lows) Cheers! :)
It isn't easy to determine if the price of a stock is about to break out. Here’s one way you can determine the relative strength of a breakout, enabling you to act early and realize higher profits. This indicator was originally developed by Howard Wang Stocks & Commodities V. 33:09 (60–62)
Today we have a simple, but endlessly versatile, indicator that plots the X Period High/Low/Mid of your chosen market. Traditionally the 52 week High/Low is used as a breakout signal. However, by changing to an X period, and adding a midway line, we create a more versatile indicator that can be tailored to various markets. By default it's set at 250 periods...
Dear all, Free strategy again. This strategy consists of 2 indicators I think works well with each other as a trend following strategy. The 2 indicators are Renko chart and Relative Vigor Index. This is a long-only breakout strategy that aims to capture the majority of the trend. Works well on BTCUSD XBTUSD, as well as other major liquid Pair. Please...
A ZigZag Like based on candle close. A lot of options that can be hide in options. Triangle/bright - reversal confirmation candle Circle/dark - higher/lower candle breakout Square/light - Insidebar
This script is for learning purposes only This strategy will plot arrows when price breaks so far above/below WMA. The strategy will enter when the price breaks away from WMA. All entries are reversals. Users can set WMA length and source; also the distance of the price away from WMA to enter. Adjustable bracket orders are placed for exit, with trailing stop...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This indicator compares four different values : -Fast Simple Moving Average(SMA) -Fast Volume Weighted Moving Average(VWMA) -Slow SMA -Slow VWMA Comparing SMA's and VWMA's of the same length is a common trading tactic. Since volume is not taken into consideration when calculating Simple Moving Averages, we can gain valuable insights from the...