This strategy combines VWAP and RSI indicators BUY RULE 1. EMA50 > EMA 200 2. if current close > vwap session value and close>open 3. check if RSI3 is dipped below 10 for any of last 10 candles (as defined rsi_buy_level) EXIT RULE 1. RSI3 crossing down 90 level (as defined in rsi_sell_level) STOP LOSS EXIT 1. default is set to 5% you need to add EMA...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
A "Gap down Reversal" is when the current days candle, opens, below the prior days close, and "finishes up" on the day with the close greater than the open. This type of price action can provide traders with favorable entry points to trade long, as anyone who was short the prior day, can get squeezed or panic out of the trade as they would see profits erode...
The Script can be used to identify the main trend and take BUY/SELL decisions in the lower time frames. The tool can be applied as follows 1) Apply the tool your favorite chart 2) Select the main trend. 3) Go to lower time frames to check the BUY/SELL signals. Example: If the selected main trend is 4 hrs then go to time frames below 4 hrs to find the entry and...
It is profitable strategy with random entry points. A simple strategy involving random opening of trades. But such a strategy on large samples will demonstrate profit. Because the strategy adheres to the golden rule of trading: "Let profits rise and quickly stop losses." Remember, exit points are very important. Many traders make the mistake of focusing all...
Bollinger Bands Breakout Strategy is the strategy version of Bollinger Bands Filter study version, which can be found under my scripts page. The strategy goes long when price closes above the upper band and goes short signal when price closes below the lower band. Bollinger Bands is a classic indicator that uses a simple moving average of 20 periods, along...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This strategy is based on VFI indicator published by UTS. for the strategy purpose , I have added buy line and sell line to the indicator and tested SPY stock/index on one hour chart BUY RULE ========== 1. EMA 50 is above EMA 200 2. vfi line is pulled down and crossing above -4 EXIT RULE ========== 1. when vfi line crossing down 5 STOP...
Hey. This strategy is still in working. For it I check a x amount of candles in the past if they been for example all red/green in row, and based on that I enter. For example candle 7 < candle 6 .... candle 3 < candle 2 .... candle 1 < candle current for long and viceversa for short. After that,once the trade is initiated, I exit based on 2 possibilities :...
The proposed strategy is based on a grid system with a money management that tries to replicate the effect of a martingale without having to double your position size after each loss, hence the name "fake martingale". Note that a balance using this strategy is still subject to exponential decay, the risk is not minimized, as such, it would be dangerous to use this...
hello traders, With this script you will be able to test the different signals offered by the ichimoku cloud system. Crossover Tenkan Kijun Crossover Tenkan Kijun above Kumo Crossover Price Kijun Crossover Price Kijun above Kumo Crossover Price Tenkan Crossover Prince Tenkan aboce Kumo Crossover price Kumo Kumo Color Change Remember to check the JPYPAIR...
Buys amount of shares by bars with specified amount of money (100$ for a month bar for example). Including commissions.
Continue experimenting with different combinations of strategies. Here is the PSAR Strategy calculated based on HA candles. HA is already calculated inside the script, do not apply it to HA candles. Strategy is calculated based on 25% equity invested with 0.1% commission. #################### Disclaimer Please remember that past performance may not be...
First I would like to thank to @JustUncleL since this strategy started from one of his scalper strategies This strategy can be adapted to all time charts . First it has the session where we want to trade, for this example I choosed the EURUSD so I only take in consideration london/neywork session. Its made from 3 EMA : normal slow ultra slow It has has the...
Buy when the candle closes above upper BB Sell when the candle closes bellow lower BB Stop always on base line
A pivot point strategy for Indian Intraday users
I present to you a script for testing the Donchian channel breakout strategy for the Binance_exchange. This strategy is trending, and is especially effective for trading cryptocurrency futures. This strategy is very flexible, and you can configure virtually all possible parameters, moreover, separately for longs and separately for shorts. In the script, you can...
Hello All, This is "Grab Trading System" script defined in the book "Trend Following" by Michael W. Covel. also named as "Two-box system". I made small changes and I guess that it can be improved more. The definition: Far box defines major trend; system trades only in same direction as major trend, meanwhile fading the signals of near box. Last trade in each...