2 Periode RSI by WeakHandThe 2 Period RSI Trading Strategy was originally created by Larry Connors.
I only help to add the sell and buy signal
BUY Setup
1. Only buy in uptrend (price > ema200)
2. 2 Periode RSI <= 5
SELL Setup
1. Only buy in downtrend (price < ema200)
2. 2 periode RSI >= 95
Best use for TF 15++
Hope this will help you guys and happy trading
Exponential Moving Average (EMA)
MA Multiplier with FibonacciThis implementation of the "2-Year MA Multiplier" gives you some control over the indicator, you can change the multiplier from it's default of 5, you can change the lookback from it's default of 730 days and I've also added three fibonacci traces between the moving average and it's multiple that you can play with. Oh and you can also choose the data source ('close' or 'hl2' make most sense).
The formula for this indicator was created by Philip Swift.
Thanks to @Pladizow for pointing me to this indicator.
Ultimate MA + MFIHey Folks, this is in indicator that generates buy and sell alerts using Ultimate Moving Average and Money Flow Index.
Buy Alerts
Multi Time Frame Moving Average trend reversal AND MFI < threshold
Sell Alerts
MFI crossing under overbought threshold
Recommended settings for 3commas
- Create Alert with Buy Alert and link it to "Message for deal start signal"
- Create Alert with Sell Alert and link it to "Message to close all deals at Market Price"
- Set Take Profit to 1.0% with trailing between 0.2% and 0.6%
- DO NOT USE STOP LOSS
Scalping using RSI 2 indicator with TSLThis strategy implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs ( EMA or SMA ) having different lengths (by default, I use 50 and 200).
A trailing stop loss (%) is used.
Entry conditions:
.) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long
.) Fast MA < Slow MA and Price < Slow MA and RSI > Overbought Threshold ------> go Short
Exit conditions:
.) Long entry condition is true and (close >= TP or close <= TSL ) ----> close short position
.) Short entry condition is true and (close <= TP or close >= TSL ) ----> close long position
The strategy performed best on Bitcoin and the most liquid and capitalized Altcoins but works excellent on volatile assets, mainly if they often go trending.
Works best on 3h - 4h time frame.
There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the study inputs. The purpose is not opening positions if the price goes sideways and the noise is way > than the signal.
Note:
.) the RSI length is 2;
.) the oversold Threshold is 90%;
.) the overbought Threshold is 10%;
.) by default, the trailing stop loss per cent is 1%;
.) by default, the fast MA length is 50;
.) by default, the slow MA length is 200;
.) by default, the MA used is EMA.
Cheers.
Scalping using RSI 2 indicator with TP and TSLThis study implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs (EMA or SMA) having different lengths (by default, I use 50 and 200).
A take profit (%) and a trailing stop loss (%) are used.
Entry conditions:
.) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long
.) Fast MA < Slow MA and Price < Slow MA and RSI > Overbought Threshold ------> go Short
Exit conditions:
.) Long entry condition is true and (close >= TP or close <= TSL) ----> close short position
.) Short entry condition is true and (close <= TP or close >= TSL) ----> close long position
The strategy performed best on Bitcoin and the most liquid and capitalized Altcoins but works excellent on volatile assets, mainly if they often go trending.
Works best on 3h - 4h time frame.
There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the study inputs. The purpose is not opening positions if the price goes sideways and the noise is way > than the signal.
Note:
.) the RSI length is 2;
.) the oversold Threshold is 90%;
.) the overbought Threshold is 10%;
.) by default, the take profit per cent is 0.5%;
.) by default, the trailing stop loss per cent is 0.5%;
.) by default, the fast MA length is 50;
.) by default, the slow MA length is 200;
.) by default, the MA used is EMA.
Cheers.
MTF RSI EMA snakesThis simple script plots 2 moving averages of RSI at 2 selected timeframes.
Setting each set of moving averages to a higher timeframe allows for monitoring of momentum at that time frame, and comparison of momentum across timeframes.
Crossovers of the respective averages of different time frames can be used as trade signals.
Having the leading average above the slower average on both timeframes can be an effective trend filter.
EMA Cross StrategyThis double EMA crossover strategy aims to illustrate a good strategy design.
It is currently the only published script that:
supports a proper date picker for the backtest period
is able to test in short and long mode only
EMA TrendThe purpose of this script is to identify price trends based on EMAs. The relative position of price to specific EMAs and the position of certain EMAs towards each other are used to determine the trend direction. The script is intended for investors as a tool to define a basis for further evaluation. I do not use the script as a signal generator and would not recommend doing so without the help of additional indicators.
How to work with the script
The major (or long term) trend direction is determined by the 144 EMA much in the same way as the 200 MA is used in other systems. If the price is above the 144 EMA we are in a long term uptrend, below we are in a long term downtrend. This is to be taken with a grain of salt though. The 144 EMA is considerably shorter than the 200 SMA and is more prone to the price fluctuating around it during periods without a strong long term trend. I recommend using this as a confirmation for the short term trend.
The short term trend is derived from the position and slope of the price, the 21 EMA and the 55 EMA. If the price is above the 21 EMA, the 21 above the 55 EMA, both EMAs are sloping upwards and the distance between the two is increasing, we are talking about an uptrend (and vice versa for a downtrend). This is visualized by the color of the fill between the 144 EMA and close price. Green for uptrend, red for downtrend and no color for an undetermined trend.
The EMAs used are: 21 , 34 , 55 , 89 , 144 , 233 . Most of the EMAs are at 50 transparency to appear less dominant. For orientation, the 144 EMA is bright green to indicate its general importance for the trend determination, and the 55 EMAs is not transparent mainly to be able to identify positioning when the EMAs are close together.
Base time frame EMA
The 144 EMA is plotted twice where one is fixed to the daily time frame (can be configured) to be able to have the 144 on different timeframes during analysis. I find this very useful to keep the focus on my main time frame while analyzing trend on lower or higher time frames. This can also be turned off.
Configurability
This script is less configurable than I generally like with my other scripts. The reason is that the title attribute of the plots is not dynamic, and I use the data window often to get exact values from the script to determine buy targets for pullbacks and other things. Hence, I prefer not to have random names (or no names) in there to save mental capacity. If this ever becomes available, I'll gladly add this to this script. Till then, I encourage you to take the script and adjust it to your own needs. It should be simple enough even if you are just starting out in pine.
Combined Momentum MA (Equal-Length EMA/SMA Crossover)Overview:
This momentum and trend-following strategy captures the majority of any trending move, and works well on high timeframes.
It uses an equal-period EMA and SMA crossover to detect trend acceleration/deceleration, since an EMA places a greater weight and significance on the most recent data.
To reduce noise and optimize entries, we combined this with an overall trend bias for further confluence.
How it works:
Signals are determined by the crossover of an EMA and SMA of the same length, e.g. EMA-50 and SMA-50.
The overall trend bias is determined using a slower SMA golden/death cross, e.g. SMA-50 and SMA-100.
The signal is stronger when it occurs in confluence with the overall trend bias, e.g. when EMA-50 crosses over SMA-50, while above the SMA-100. This is analogous to only opening long positions in a bull market.
Indicator description:
GREEN: Up Trend (EMA is above SMA, while EMA is above BIAS_MA. This shows a bullish confluence.)
YELLOW: No Trend (EMA/SMA crossover and BIAS_MA are not in confluence.)
RED = Down Trend (EMA is below SMA, while EMA is below BIAS_MA. This shows a bearish confluence.)
Equal-Length EMA/SMA Crossover Momentum StrategyOverview:
This momentum and trend-following strategy captures the majority of any trending move, and works well on high timeframes.
It uses an equal-period EMA and SMA crossover to detect trend acceleration/deceleration, since an EMA places a greater weight and significance on the most recent data.
This version is optimized for longs, and designed to cut your losses quickly and let your winners run.
To reduce noise and optimize entries, we combined this with an overall trend bias for further confluence.
How it works:
Signals are determined by the crossover of an EMA and SMA of the same length, e.g. EMA-50 and SMA-50.
The overall trend bias is determined using a slower SMA golden/death cross, e.g. SMA-50 and SMA-100.
The signal is stronger when it occurs in confluence with the overall trend bias, e.g. when EMA-50 crosses over SMA-50, while above the SMA-100. This is analogous to only opening long positions in a bull market.
Signal description:
Trend Buy: EMA crosses above SMA, and overall trend bias is bullish. Buying is in confluence with the overall trend bias.
Risky Buy: EMA crosses above SMA, and overall trend bias is bearish. Buying is early, more risky, and not in confluence with the overall trend bias.
Late Buy: SMA crosses above BIAS_SLOW. This gives further confirmation of bullish trend, but signal comes later.
Sell: EMA crosses under SMA.
Strategy entry and exit conditions:
This version enters a Long when "TREND BUY" is signalled.
This version has Sell/Shorts disabled because UP ONLY.
Long entry: Strategy enters Long when EMA is above SMA, while overall trend bias is bullish.
Long exit: Close long when EMA crosses under SMA.
Bjorgum EMAThis is an answer back to repeated requests for a simple version of Bjorgum Triple EMA Strat, which is not recommended for use with Heiken Ashi candles as it results in "double smoothing" of the averages and can give late signals as a result.
The inputs are raw and super basic. At its core its really just 3 EMAs that you can customize the source and length. The averages and shadowing change color based on if they are either rising or falling.
default values are 5, 9, and 21 EMA on open as source.
Bar color is dictated by the bar close over or under the 5 and 9 EMA.
This is suitable for use on HA candle.
Triple EMA////////////////////////////////////////////////////////////////////////
// Copyright by ABHISHEK
// This script plots the 4 9 18 EMA's
////////////////////////////////////////////////////////////////////////
study(title="Triple EMA", shorttitle="TEMA",overlay=true)
Length=input(4,minval=1)
Length2=input(9,minval=1)
Length3=input(18,minval=1)
xPrice=close
xEMA1=ema(xPrice,Length)
xEMA2=ema(xPrice,Length2)
xEMA3=ema(xPrice,Length3)
plot(xEMA1,color=blue,title="TEMA1")
plot(xEMA2,color=orange,title="TEMA1")
plot(xEMA3,color=black,title="TEMA1")
Nico's SPX Dynamic ChannelsTest of dynamic channels and some statistics made by hand.
This indicator was done specifically for the S&P500 index.
As you can see, below the 125 EMA there's a lot more volatility than in the upside. I've made some kind of a dynamic linear regression of the lows and the highs.
I've chosen the MA that best fits the SPX, and then calculated in Excel the percental mean and SDs of most important peaks and valleys that I've chosen in comparison to the 125 MA. This lead to the green, orange and red zones. BUT, I've calculated the peaks and valleys separately, as I assumed that a bear market and crashes have way more volatility than bull markets. That's why the difference between the upper and the lower channels.
The neutral blue zone is composed by an upper EMA of the highs and lower EMA of the lows. No MA in this script uses the close price as a source.
This MA makes sense because it represents a semester of trading, for this particular asset.
Backtest results
It's also interesting to try it here too, as it has a little bit more of data:
SPCFD:SPX
As it's not a trading system, I have no batting average nor ratios for this.
Still, the measures of the peaks and valleys are very accurate and repeat themselves over and over again. The results were:
3rd resistance: 12.88%
2nd resistance: 10.12%
1st resistance: 7.36%
1st support: -6.42%
2nd support: -14.8%
3rd support: -23.18%
All referred to the mean, which is the 125 EMA zone.
After the 1950's works like magic, but not before. You will see that it doesn't work in the great depression and it's crash.
How to use this indicator
Green = First grade support/resistance .
Orange = Second grade support/resistance . Caution.
Red = Third grade support/resistance . High chances of mean reversal.
Blue zone = This is the neutral zone, where the prices are not cheap nor expensive.
Often in a trending market, the price will have the blue zone as it's main support and when trending the price will stick to the green MA.
When the price touches the orange MA, the most probable is that it will return to the green MA.
If the price touches the red zone, there's a high chance that this is a big turning point and it will reverse to the mean (green or blue zone).
Imagine you've bought each time the price touched the red support, check that and you'll start liking this indicator. I think it is a great entry point for investors. The red resistance is good too, but of course it works for a short period of time.
I've backtested this indicator since the beginning of the dataset and it works like magic, but ONLY for the SPX index (spot price).
Leave a comment or some coins if you like it!!!
(I've posted it before like an analysis, not as a script, my bad)
Multiple Moving Averages for Heikin Ashi I want to give credits to @QuantNomad, i got the heikin ashi part of the script from this open script /0iKy7lyG-QuantNomad-Heikin-Ashi-PSAR-Strategy/;
and to the other guy that provided a 17 type of moving average script open source but i forgot his name, if someone remember please tell me.
My idea was to see how the different types of moving averages behaves in a Heinkin Ashi chart, you can change to more than 15 types of Moving Average and use it the way you want it.
For the source of the moving averages i used a simple moving average of 1 period using the high of the heikin ashi candle, low of it and divided by 2 as the source of the different types of moving averages.
Different types of Moving Averages
Moving Average Types
SMA ---> Simple
WMA ---> Weighted
VWMA ---> Volume Weighted
EMA ---> Exponential
DEMA ---> Double EMA
ALMA ---> Arnaud Legoux
HMA ---> Hull MA
SMMA ---> Smoothed
LSMA ---> Least Squares
KAMA ---> Kaufman Adaptive
TEMA ---> Triple EMA
ZLEMA ---> Zero Lag
FRAMA ---> Fractal Adaptive
VIDYA ---> Variable Index Dynamic Average
JMA ---> Jurik Moving Average
T3 ---> Tillson
TRIMA ---> Triangular
The type of moving average you select will appear in a separated chart with Heikin Ashi candles, like in the image above.
MrBB:BullBear Support BandVery simple and effective S/R band. Created bycombining the weekly 21EMA and weekly 20SMA, it provides strong support/resistance depending on market direction, and works as a basing area for retraces during parabolic (and normal) bull markets.
EMA Cross and MACD Signal CombinedThe rule is simple.
When MACD crosses up, it is supposed to give a buy signal. However, before entering into a Long position, there is a need for a confirmation. This confirmation can be from a down trendline breakout or from another indicator.
In this case, I've chosen the Exponential Moving Average Cross to be as the confirmation.
The Buy Signal will appear when there it fulfills the following conditions:-
i. The MACD line is above the Signal Line
ii. The fast EMA crosses the Slow EMA
The Sell signal will appears when the opposite of the above condition is met.
This indicator is meant for the Swing Trader whom would like to hold a position for a long time.
ATI Action PointATI Action Point V. 1.0 Last update 5/2/21
Easy Signal by Coloring Green Buy and Red Sell. EMA cross technique.
It have 3 level of graph color, use to decide trend to buy or sell by your confidence.
I design for Thai Stock, SET50 Future timeframe 30 minute.
And you could try to Stock, Forex, Gold, Crypto etc.
But you have to select you're the best timeframe.
If it have too much Buy and Sell Signal, you may confuse. Then you could choose another timeframe.
Trick is,
1. Do not select small timeframe if you don't have time to monitor.
2. Do not change timeframe too much times, It may cause you confuse, loose the trend and ruin your invest.
Have a good times to make money.
sincery by PormorThai
MA, MATR, ChEx | All in One - 4CR CUPIn trade position setup, we always need to determine the market structure and manage the position sizing in a short period of decision time. Indicators such as moving average, initial stop loss and trailing stop loss are always helpful.
This indicator put all these handy tools into a single toolkit, which includes the following price action and risk management indicators:
MA - Moving Average
MATR - Moving Average less Average True Range
ChEx - Chandelier Exit
This script further enhances the setting so that you can easily customize the indicators.
For both the Moving Averages and the Moving Average less Average True Range , you can pick a type of moving average which suits your analysis style from a list of commonly used moving average formulations: namely, EMA , HMA , RMA, SMA and WMA , where EMA is selected as default.
The Moving Average less Average True Range , MATR, is usually applied as a reference to set the initial stop loss whenever opening a new position.
The abbreviation, MATR, is picked, so that this can serve as a handy reminder of a very good trading framework as elaborates as below:
M – Market Structure
A – Area of Value
T – Trigger
R – Risk Management (aka. Exit Strategy)