Sometime ago (very long ago), one of my tinkering project was to do a spam or ham classification type app to filter news I'd wanna read. So I built myself a Naive Bayes Classifier to feed me my relevant articles. It worked great, I can cut through the noise. The hassle was I needed to manually train it to understand what I wanna read. I trained it using 50...
This strategy goes long when highs are broken and uses a trailing stop that follows swing lows. User can configure a back test date range and choose whether or not to only take trades above a selected moving average. The desire for me to make this script was to try to capture those extreme breakouts that can occur after a consolidation/equilibrium pattern. This...
Itek PRO V2 Is An New Version of Iteksignal Trading System With Multiple BUY/SELL Entries And Exits That Can Be Used On Any Market! An efficient way to Trade Manually Rule-Based and safely is with Itek PRO V2, a price action trend continuation Systen Trading. GREAT for Swing Traders, Position Traders, or Investors. Works on Forex, Crypto, Stocks,...
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.
Support and Resistance prices are the previous points of highs and lows in the price. The market tends to stick around in price regions and directional trends. Using these price points one can wait and take the following decisions: - when the price reaches the support point, they can take a long position if they observe the price staying in the price range and...
This script measures candle length and average true range (ATR). A break out occurs when a candle is larger than the given ATR value. You can choose to calculate length from wicks or from the body (open & close). You can use this as trend direction indicator by following the last break out candle or open a position after a break out with a stop just above or...
Similar to one of my previous scripts 'Ranged Volume', but instead of using volume, this script uses candle length mirrored. It creates a range using highest and lowest of a given period. When the range gets larger, it means the current candle is bigger than the largest candle of your given period (break-out). Yellow = Bullish break out Red = Bearish break...
Renko is a very useful charting method for analyzing stock movement. It does a great job of filtering out all the excess noise so that all we're left with is pure price action. But, what about time? Time is a fundamental part of chart analysis and we are only seeing part of the picture. After all, shouldn't we take a very different approach to trading signals from...
A simple script that shows mirrored regular volume bars with the purpose to show break-outs and low volume ranges, using highest and lowest of a few bars back. Use Heikin Ashi function to smooth the colors with the trend.
This script has below features > Option to choose the bar number for considering break out > Option to choose the targets based on the candle size > Option to choose the budget and based on that it will show the quantity to trade > SL is the candle range > Can use it in any time frame
The RP Breakout Shasthra indicator is designed to show custom breakout levels. There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed. There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc. So this indicator is designed to deliver you custom...
Hello, Hello, Hello and welcome back to Bitcoin Beats. As the title suggests, this is Version 2 of The Breakout Machine. Unlike the previous version, this one has been fine-tuned to work best on Binance Futures(BTCUSDT). The stats shown below are from 2020. PLEASE BE CAREFUL WITH YOUR LEVERAGE AND DON'T GET REKT. Trade at your own risk! Good luck! This strategy...
The RP Breakout Shasthra indicator is designed to show custom breakout levels. There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed. There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc. So this indicator is designed to deliver you custom...
What is the force index ? The force index is an oscillator used to confirm price breakout strengths and identify potential trends. It was popularized by A. Elder. How the force index is computed ? Knowing that volume is the fuel of a price movement, reliable breakouts and trend continuation are more likely to occur on high volume breakouts. This is why the...
The indicator display the supports and resistances available. Breakout also are reported in case that not exists at least three resistances. Does print lines and labels with each identified data (S, R and BO).
Hello guys, today I would like to share an indicator that I had in my mind for quite some time. I call it ADX Boxes. How does it work? What the indicator does is very simple. Whenever the ADX falls below a certain threshold (which can be managed in the user input settings) a box will appear. The box will continue to grow as long as the ADX stays below the...
A pretty little indicator showing pivotal breakouts - that is, locating critical pivot points within price action, connecting the dots and trading the breakouts from this area! ----------- Useful for finding good entry levels, exit levels, areas of strong support/resistance and most importantly - the Breakout! Includes "Bars to the Left" variable so you can...
Signals when there is a breakout from the trading range(donchian channel up to 300 bars back).