The Binary Option strategy backtester gives the user extensive power to test any kind of strategy with advance trade management rules. The strategy tester accepts external scripts as strategy sources. You can add your strategy and test it for historical stats. Few assumption regarding strategy tester: We are opening position at next candle after signal come ...
Title: Combined Indicator with EMA Lines Description: The Combined Indicator with EMA Lines is a technical analysis tool that combines multiple indicators to provide insights into the market's strength and potential buying or selling opportunities. It incorporates the Relative Strength Index (RSI), Exponential Moving Average (EMA) lines, and the trend over the...
Integration of multiple technical indicators: The strategy mainly combines two technical indicators - Keltner Channels and Supertrend, to generate trading signals. It also calculates fifteen exponential moving averages (EMAs) for the high price with different periods ranging from 9 to 51. Unique combination of indicators: The traditional Supertrend...
In Binary options, strategy testing is a bit different. The strategy result depends upon expiry intervals and payout ratio. My previous script was a try to resolve this but has some bugs in specific choices. The new version overcame those and added some new features useful for binary option strategy testing. Assumption: We are opening position at next candle...
The QFL Screener is a robust tool inspired by Quickfingersluc's trading strategy. Known as the Base Strategy or Mean Reversals, QFL focuses on identifying moments of panic selling and buying , presenting opportunities to enter trades at deeply discounted prices. The QFL Screener is designed to enhance your trading efficiency by simultaneously scanning 40...
This script helps Quick Fingers Luc strategy traders The script works as follows When a new low is formed lower than the previous one, the script calculates the percentage difference between them and stores it in an array and calculates the average of the stored percentages, the maximum percentage, the minimum percentage and displays them on the chart, this...
What is Scalping? Scalping is a trading strategy aimed at profiting from quick momentum in a volatile index or stock or any other instrument that can be traded. Traders who use such strategies place anywhere from 10 to a few hundred trades in a single day. The idea behind such type of trading is that small moves in an index or stock price are much easier to...
Hello traders, Let me explain the code and provide an example of how to trade using this indicator. The code you provided is a Pine Script indicator that combines multiple technical indicators, such as Supertrend, ADX, RSI, and MFI, to generate buy and sell signals. Here's a breakdown of the code: User Settings: The user can adjust parameters like...
Scipio Pro's Damage Indicator detects strong momentum on tops and bottoms. It is intended for swing trading. The script analyzes both recent and less-recent price action and performs candle stick analysis. It also uses SDs and multiple Bollinger Bands to find dynamic levels for entries. A Bears Damaged signal emerges whenever there is convincing proof of...
This script calculates the percentage gain from the left-most visible candle for multiple cryptocurrency symbols and plots all of them on the chart. Description: The "Crypto Index Percentage Gain" indicator calculates the percentage gain from the left-most visible candle for a selection of cryptocurrency symbols. It utilizes the PineCoders VisibleChart library to...
The primary purpose of this indicator is to calculate and plot the 52-week high and low prices along with the Fibonacci retracement levels on the price chart. Fibonacci levels are commonly used in trading to identify potential support, resistance, and price reversal points. First, the script initializes the Fibonacci levels and their corresponding colors, which...
📜 ––––HISTORY & CREDITS 🏦 Introducing the Minervini STEM Model, an innovative indicator developed by Mark Minervini, an experienced trader and author renowned for his expertise in gauging the quality of breakouts. The Stock Tactical Environment Model (STEM) is designed to assess the trading environment based on the performance and setup of stocks, helping...
The Seasonality Chart script displays seasonal variations of price changes that are best used on the daily timeframe. Users have the option to select the calculation lookback (in years) as well as show the cumulative sum of the seasonal indexes. 🔶 SETTINGS Lookback (Years): Number of years to use for the calculation of the seasonality chart. Cumulative...
📊 Indicator overview! The indicator's strategy is based on calculations that are displayed on the chart based on price or volume. Indicator uses a customizable volume threshold to filter out low volume candle and only display those with significant volume. The algorithm analyzes market data and sets an entry/exit signal. The key point of the indicator is...
The VWAP (Volume Weighted Average Price) indicator is used to calculate the average price weighted by volume. This indicator is designed to automatically draw VWAPs from the highest and lowest points of the last 'n' bars. It utilizes arrays to calculate the values of VWAP and plot it on the chart on the last historical bar. This version was coded to get a...
Plots approximate equinox and solstice dates, which are often zones around which market pivots occur.
This is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty. The Volatility category includes the Average True Range...
This script utilizes its source from a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the Ichimoku Cloud. Insignificant price movements will not cause a change in the plotted lines of the indicator unless a new threshold...