This strategy is based on RSI and ATR Bands which works better in 5 and 15 Mins time frame. Perform enough back testing with 1:2R before using in real time. Entry only on trade on screen symbols, use additional buy/sell alerts to book profit or to trail SL. I have also added Golden Cross Over of 65 and 21 EMA to have confirmation on trend.
Hello! This indicator attempts to optimize Supertrend parameters. To achieve this, 102 parameter combinations are tested concurrently - the top three performers are listed in descending order. Parameters, Factor: Changes to this parameter shifts the tested factor range. For instance, increasing the factor measure from 3.00 to 3.01 (+0.01) will remove 3.00 from...
Trend Surfers - Premium Breakout Strategy with Alerts I am happy today to release the first free Trend Surfers complete Breakout Strategy! The strategy includes: Entry for Long and Short Stoploss Position Size Exit Signal Risk Management Feature How the strategy works This is a Trend Following strategy. The strategy will have drawdowns, but they...
This is an update by request, on someone elses strategy! well more of an edit, but also update from pine v4 to pine v5. //CREDITS to HPotter for the orginal code. The guy trying to sell this as his own is a scammer lol. //Edited and converted to @version=5 by SeaSide420 for Paperina The UT Bot v5 is Movinging average (the MA) vs ATR (the ATR is in the form...
Hello traders Today I present you a Supertrend not based on candle close but based on a CCI (Commodity Channel Index) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP Trend = High + ATR * Factor DOWN Trend = Low - ATR *...
Hey traders! This script calculates the average volatility of trading sessions. You specify a start date, an end date, and a session time (eg. market open, Asian session etc) The script then scans through all the price action on your chart and calculates the average price movement during that specified period. What Is It For? I created this script for my own...
Moving Average Displaced Envelope. These envelopes are calculated by multiplying percentage factors with their displaced expotential moving average (EMA) core. How To Trade Using: Adjust the envelopes percentage factors to control the quantity and quality of the signals. If a previous high goes above the envelope a sell signal is generated. Conversely,...
Knowing how big a range one is operating in (from a higher time frame perspective) is very important to understand where the reversals could potentially come from. This indicator uses the closing price of previous HTF candle and plots its ATR range - and several levels on top of it. +/- 75% +/- 100% +/- 150% +/- 200% +/- 300%
Hello traders, Although this strategy is configured on BTCUSDT , with a changing of settings, it can be used on any trading instrument. Here it is seen, on the 2 hour chart. With Trading Fees included in result (adjust to suit your exchange fees). The candle crossover is set to Daily timeframe. That means that the Candle crossover is going to see if todays price...
Hey, I am glad to present you one of the strategies where I put a lot of time in it. This strategy can be adapted to all type of timecharts like scalping, daytrading or swing. The context is the next one : First we have the ATR to calculate our TP/SL points. At the same time we have another rule once we enter(we enter based on % risk from total equity, in this...
I wasn't going to publish this since it's one my go to private indicators, but I decided to push this out anyway. This is a variation on Damiani Volatmeter to make it easier to understand what's going on. Damiani Volatmeter uses ATR and Standard deviation to tease out ticker volatility so you can better understand when it's the ideal time to trade. The idea here...
ATR measures volatility, but you can't compare one instrument vs. another with it because the ATR value will be different depending on the price of the instrument. I went searching for something like ATR but with percentages, so you could compare one stock vs. another to find who is more volatile and found this . It was exactly what I was looking for, so...
This is Keltner Channelz (KC) with Zero Lag Moving Average (ZLMA as base). It is smoother and has less lag than the original (EMA/SMA) variant. It also can be used as a trend indicator and trend confirmation indicator. The upper and lower bands are green if it is an up trend, and red if a down trend. If both have the same color it is a stronger trend.
The "AC-P" version of jiehonglim's NNFX Baseline script is my personal customized version of the NNFX Baseline concept as part of the NNFX Algorithm stack/structure for 1D Trend Trading for Forex. Everget's JMA implementation is used for the baseline smoothing method, with optional ATR bands at 1.0x and 1.5x from the baseline. NNFX = No Nonsense Forex ...
The original Average True Range (ATR) indicator is a technical analysis indicator designed to measure volatility. The higher the ATR the higher the volatility. The RECON ATR Volatility Percentage indicator calculates the Average True Range (ATR) as a percentage. Suggested chart timeframes: 1h, 4h and 1D seem to produce the most useful intel but can be used on...
Keltner Channel Bands Great indicator for mean reversion strategies. Alerts you can set: Crossover EMA Crossunder EMA Crossover upper band Crossunder upper band Crossover lower band Crossunder lower band Have fun!
Simple script that plots price to MA distance (ATR) as a bar chart. ATR is being used here instead of % because ATR keeps it relative to current volatility (1ATR move in either direction can have very different % for when price at 20cent and 2 dollars). Upper/Lower band is calculated based on the average of previous peak/trough. Price approaching the band could...