Part of my strategy involves entering a trade based on a candle on a 5-min chart being < 2% (ignoring major volatility).
I got tired of calculating the range of a single candle either in my head or on a calculator, so I wrote this up. Feel free to share it.
Shows the %move of any single candle, default horizontal lines are 1% & 2%, can be changed by clicking...
Week and or Day Display of Open, Close, High & Low.
In the settings under Input can be activated individually:
In the settings under Style every single element can be activated as well as the colors and appearance can be adjusted. It is important that under the point Input the fields were activated which are needed.
After reading Cam Hui's blog post about his "Trifecta" bottom spotting model I thought I'd try my hand at scripting it as an indicator. The results are pretty close to what he describes. Though the data TradingView feeds me doesn't seem to be identical to what he's using on StockCharts.com the results are close enough that I will call the effort a success worth...
This is a private script as part of an algorithm for paid clients only.
A list of Free indicators bit.ly
A list of Paid indicators bit.ly
Advantages: Shows daily trend on any chart time
TradingView account needed: free
How to gain access to this script: www.ceo.codes
Watch a replay of MA on YouTube: youtu.be
DESCRIPTION & HOW TO USE THE INDICATOR:
MA reads live market price and put a colour changing...
Arrows that will appear on the candles that follow one or more candle patterns, showing the possible market direction. It's best to enter when the new candle form, after the candle with the arrow appear. Daily chart it's the best on the backtests. Based with Forex markets.
This is the indicator from the trading strategy I posted recently. I do like Fisher Transform a lot on day bar charts. However, the smaller you go in bar interval, the less I feel it is as usable. At that point, any oscillator will usually do. When comparing the slope of the line and direction to the chart price action using day bars, I get a great sense of when...
The Last Forex Course You'll Ever Need
These are daily pivot points that update
automatically for every single day as the
Out of all pivot point versions/variations, these are by far to be the most accurate.
The daily pivot is the green line.
S1 2 3...
This is maybe my most powerfull strategy. It's only for DAILY CHARTS.
Since the chart is D you have to look at it only 1 minute per day as the new candel appears.
You will find the signal to BUY or to SELL, the TAKE PROFIT and STOP LOSS or TRAILING STOP LOSS.
The idea behind this is the volatility and an oscillator based on the volatility, plus...