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Buysignal

SMMA Analyses - Buy / Sell signals and close position signals This script combines the usage of the SMMA indicator in order to provide signals for opening and closing trades, either buy or sell signals. It uses two SMMA , a fast and a slow one, both configurable by the users. The trigger of Buy and Sell Signals are calculated through the SMMA crosses: Buy Signals : The fast SMMA crosses over the slow SMMA . They are highlighting by a green area and a "B" label. Sell Signals : The fast SMMA crosses under the slow SMMA . They are highlighting by a red area and a "S" label The trigger of Close Buy and Close Sell Signals are calculated through the close price crosses with the fast SMMA: Close Buy Signals : The fast SMMA crosses under the close price and at the same time the trend is bullish , so the fast SMMA is greater than the slow SMMA . They are highlighted by a lighter green area Close Sell Signals : The fast SMMA crosses over the close price and at the same time the trend is bearish , so the fast SMMA is lower than the slow SMMA . They are highlighted by a lighter red area Few important points about the indicator and the produced signals : This is not intended to be a strategy, but an indicator for analyzing the SMMA conditions. It gives you the triggers depending on the real time analysis of the SMMA and prices, but not being a proper strategy, pay attention about "fake signals" and add always a visual analysis to the provided signals Following this indicator, the trade positions should be opened only when a cross happens. Either in this case, analyse the chart in order to see if the signals are a "weak" ones, due to "waves" around the SMMA . In these cases, you might wait for the next confirmation signals after the waves, when the trend will be better defined The close trade signals are provided in order to help to understand when you should close the buy or sell trades. Even in this case, always add a visual analysis to the signals, and pay attention to the support/resistance areas. Sometimes, you can have the close signals in correspondence to support/resistance areas: in these cases wait for the definition of the trend and eventually for the next close trade signals if they will be better defined
Pine Script™ indicator
by quirimmo
5
CMYK RMI ARROWS◊ Introduction I started using this script because of its fast reaction, and good tell for buy/sell moments. For larger timescales, the overall trend should be taken into account regarding the levels. In the future i will update this indicator, to automatically adjust those. This is the Overlay expansion of the Indicator Linked below. ◊ Origin The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine. While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago. This results in an RSI that is smoother. ◊ Adjustments CMYK color theme applied. Four levels to indicate intensity. Two Timescales, to overview the broader trend, and fast movements. ◊ Usage RMI indicates overbought and oversold zones, and can be used for divergence and trend analysis. ◊ Future Prospects Self adjusting levels, relative to an SMA trend. Alternative RMI, which functions as an overlay. ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ░▒▓█ CMYK ◊ RMI █▓▒░
Pine Script™ indicator
by MVPMC
6
Mayer Multiple v2.0 - Klahr ThresholdThis is a simple update to the Mayer Multiple script by Unbound , which charts an indicator created by Trace Mayer and popularized by Preston Pysh. The original post identified any price below 2.4x the 100-day MA as the BTC buy threshold. While the logic there is historically sound, it does not account for the fact that the BTC trend is parabolic in nature. With that in mind, I've attempted to update the 2.4x multiple to react based on the moving average of the Mayer Multiple itself. To do so, I simply found the number that, when added to the MM moving average, historically hit the 2.4x multiple during periods of low volatility. This turns out to be 1.17. The green line represents the Klahr Threshold (is it obnoxious if I call it that? I've always wanted an indicator named after me). As you can see from the above chart, it hovers around 2.4x in late 2012 to early 2013, rises above it until mid 2014, and then stays below until 2016. It then stays almost exactly at 2.4x until April 2017, when it rises significantly above it for the first time since July 2014. The convergence in late 2012 and 2016-2017 is what leads me to believe that this should be the basis for the updated threshold. It's entirely possible that there's a more robust method of calculating a reactive threshold (or a different number that should be added to the multiple's MA), but I think this is a good first step in refining the multiple to withstand the test of time.
Pine Script™ indicator
by UnknownUnicorn1513138
6
Stock Market Trend Analysis Trading System 101 (by ChartArt)This is a very simple trading system which is measuring the core of uptrends and downtrends using three basic elements: Close price, HL2 price, Pivot price. Depending if the uptrend or downtrend is strong, the buy/sell signals are shown in different colors. The stronger trends are in brighter colors (lime and fuchsia). If the trend just fully changed direction from uptrend to downtrend (or vice versa), there is a background color highlight in the color of the new trend direction. The trend detection should work best on monthly charts. I have created this in under an hour. My goal was to use the least amount of rules possible, therefore there are many false signals and the code is quite lazy. You can lose all your money if you rely on these buy/sell signals!
Pine Script™ indicator
by ChartArt
51