UCS_Price Action Normalized VolatilityFor Stock, Futures and Forex traders this may not be a replacement for MACD . But for an Option Trader, this would make sense 1000 times.
So, What is this?
This is the MACD for OPTIONS traders, remove the smoothness and adjust for volatility . Thats all it is.
Why is it important?
No one, ABSOLUTELY no one should be buying options in high volatility period for a long haul. So, this indicator takes that out of your guess work and only spits out price movement with relation to volatility .
You can use this exactly like a MACD for any options ( aka , volatility driven market).
Few things I have added, since I created and used it privately.
1. Chop Zone - Trade the Extremes of any Product
2. Buyers Zone - Shorts reconsider
3. Sellers Zone - Longs reconsider
Why did I create this?
Volatility dictates the market movement. That is an indepth conversation. If you are curious you can research on how shorts are squeezed, what are market makers obligations, how they maintain profitability. How NITE got burned, are some starting point for your own research.
So, if you are an options trader, I highly recommend to use this/test it and share your thoughts and how you use it.
- Good Luck Everyone.
Ucs
UCS - Index RatingStill Confused, What's Strong and Weak?
Here is a simple Indicator for those who needs it.
Make Sure to Define the character for the Index, go to setup and modify you like.
UCS_S_Stochastic Pop and Drop StrategyMy Contribution to Jake Bernstein Educational Series, Initiated by Chris Moody.
The Stochastic Pop was developed by Jake Bernstein and modified by David Steckler. Bernstein's original Stochastic Pop is a trading strategy that identifies price pops when the Stochastic Oscillator surges above 80. Steckler modified this strategy by adding conditional filters using the Average Directional Index (ADX) and the weekly Stochastic Oscillator.
Modifications
1. Weekly Stochastic Oscillator for Trading Bias = 5* Daily Stochastic
2. Optional Volume Confirmation, Custom Average Volume Length
Future Plans
1. Adding Triggers for Entry, Stops and Target. - This will be release when we have ability to code the complete Strategy. Although it can be done with the current pinescript options, it would be far more easier if we have strategy ability.
Link for Educational Purpose
stockcharts.com
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Good Luck Trading
UCSgears
UCS_S_Steve Primo - Strategy #8Hello Fellas,
Hope you are trading fantastic and fine. Here is another setup from Steve Primo (Stocks) Setups. He claims this can be applied on any market, and you can. Primarily focused on Stocks and Futures market.
NOTE : I DID CODE THE BOTTOM INDICATOR, NOT PUBLISHING IT, ITS JUST RSI(5)
What did I change, ofcourse I don't publish what I find, There is a bit of me in the codes.....
1. Setup only shows up at meaningful levels, Stringent Filter
Myself and tradearcher will keep this upto date. As he has volenteered to help with the track record of steve primo strategies.
docs.google.com
This is more like catching a freight train after a mini pullback.
AGAIN, This is not a holy grail, but this fits my personality of trading, Buying pullbacks on stronger stocks. Because it is harder to get a UCS_momo_Oscillator to signal a setup, primarily because of the smoothing, you can use this as an alternative to catch the excitement trade.
Do not sit on it for more than T+4 days, Unless another setup triggered in your way.
Rule - Buy/Sell the candle breakout next day after the setup - in the direction it is setting up
- Close the Position @ 100% candle extension or RSI Oversold.
Rob Hoffman's Inventory Retracement Bar - by UCSgearsClaims by Rob Hoffman
Developed and used to win trading competitions around the world, the Hoffman Inventory Retracement Trade is quickly becoming one of the most popular ways to identify where short-term counter trend institutional inventory has subsided and when it’s time to re-enter into a trade’s original trend direction.
I have not included the TREND condition.
- Enjoy
Rob Hoffman Inventory Retracement Bar - tradersonline-mag.com
TSM Donchian Moving Average System_by_ucsgearsThis is just the raw code for the system / strategies.
Will Complete this when I get more time.
Green - Setup Long
Red - Setup Short
UCS_Murrey's Math Oscillator_V2Hello, Murrey Math lovers, Thanks for those who showed interest on this. Based on a request, I have updated the plot / candle coloring, for Version - 2.
This has been in the queue for a while.
There was a Glitch found with the Multiplier. Will Fix in the next version. The Current Version (and the previous version) only supports 1/8 fractions. Will not support 0.25. The code needs to be updated, to automate the fractal line glitches for other ratios, Planned for future update.
Good Luck and Enjoy the Colorful Oscillator. Please keep your suggestions flowing. Lets make it better.
UCS_S_Steve Primo - Strategy #5 (FOREX Only)Here we have another Steve Primo Strategy ( #5)
This is a short term, trend continuation strategy, Recommend using this on 30 Mins + time frames.
I have added few things.
1. PET-D filter, to identify the trend along with the SMA 50. ----> Setup in line with PET-D (EMA,15) trend confirmation.
2. Option for Harami Candle identification (may not be Steve Primo Setup), There is no evidence on any of the videos listed below for Harami or other candlesticks pattern.
Future - Planned to add other candle patterns.
Videos from Youtube
1. www.youtube.com -
2. www.youtube.com - Hints disclosed on this video.
3. www.youtube.com - Claims this is his GO TO strategy for FOREX.
4. www.youtube.com - Complete Free Lesson.
Note - I did not buy this Strategy, I do not own in any way shape or form of this strategy as presented in the videos, The Strategy I am posting is my interpretation based on Steve Primo's videos listed above and few more on youtube.
Good Luck folks.
