EMAC - Exponential Moving Average Cross - Optimized This is the full Strategy version with the best currently known optimized inputs with the average best settings across the following 26 tickers: QQQ TQQQ SPY SPXL AAPL AMZN TSLA BYND CRWD DDOG ESTC FSLY MDB NVDA PINS PTON ROKU SHOP SQ TDOC TWLO APPS CHWY DKNG ETSY FVRR For the short Study version of EMAC that...
" The trend is your friend. " This is one of the most famous and valuable teachings that experienced traders can give to newbies. There is a reason for that. No matter your views about where the price moves, what matters is where the price heads to . The market is always right, and ultimately it decides who gets the profit and who has to take a loss. The...
Helo All, I got many requests for a Breakout script and here it's. This script searches the breakouts/breakdowns and draw square if there is one. The options: "Period" is used to find Pivot Points "Max Breakout Length" is the maximum length to search breakouts "Threshold Rate %" is channel width of the breakout area. calculated using highest/lowest of...
This indicator identifies trends in multiple higher timeframes (D, W, M) and shows them in a widget off to the right of the chart. It's meant to be used as an alternative filter for "trading with the trend." Typically people use moving averages of varying lengths for this (i.e. if over 200 MA it's an uptrend, etc.), but I wanted to see if it might be more...
Hello All, This script shows Indicator panel in a Table. Table.new() is a new feature and released today! Thanks a lot to Pine Team to add this new great feature! This new feature is a game changer! The script shows indicator values for each symbol and changes background color of each cell by using current and last values of the indicators for each symbol....
The intent of this strategy is to buy breakouts with a tight stop on smaller timeframes in the direction of the longer term trend. Default longer term trend is the daily, but the user can choose any timeframe to use for the SMAs (which act as filters and trailing stops). Exit the trade using a trailing stop of a close below either the 10 MA or 20 MA (user...
Traders, BAM's Weighted ROC is a Momentum indicator. ROC stands for 'Rate of Change' therefor this indicator plots the reading of a weighted average Rate of Change. In its current form it uses 4 periods en 4 weightings. The periods are set to 21/63/126/252 which corresponds to the number of trading days in each 1/3/6/12 months. The weightings are set to...
The Relative Strength Index ( RSI ) is a measurement used by traders to assess the price momentum. It is scaled from 0 to 100. when RSI reads below 30, it is usually interpreted as oversold and when RSI is above 70 it is usually interpreted as overbought. However, it is usually not profitable to trade based on overbought and oversold signal. RSI Trend Indicator...
Hello All, For Long time I was planning to make Support/Resistance Channels script, finally I had time and here it is. How this script works? - it finds and keeps Pivot Points - when it found a new Pivot Point it clears older S/R channels then; - for each pivot point it searches all pivot points in its own channel with dynamic width - while creating the...
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...
Introducing the Robust Channel indicator. This indicator is based on a remarkable property of robust statistics , namely, the resistance to the presence of data points that deviate significantly from the established trend (generally speaking, outliers ). Being outlier-resistant, the Robust Channel indicator “remembers” a pre-existing trend and thus exhibits...
Using combination bollinger band and RSI indicator as guide to predict price volatility and the best entry point. The strategy logic is pretty straightforward where we're interested with close price that touches the lower bollinger band ; there are only two scenarios that will happened after the price reaches the lower band; the price might rebound from the lower...
Moving Averages are among the most common trading indicators. They are straightforward to interpret and effective to use. One of the limitations of using moving averages is they can provide buy and sell signals with a relatively high lag , making it very difficult to spot the lows and tops of the trend. Moving averages calculated with a low number of periods...
Doncian Channels is a trend tracking indicator developed by Richard Doncian. The upper line of the channel is determined by the highest value seen by the price in the defined period, the lower line of the channel is determined by the lowest value seen by the price in the defined period. The middle line takes the average value of the lower and upper channels. ...
Trend follow the fastest moving stocks with the right EMAs to trail your stops.
Using the crossings of two Moving Averages to trade in a trading strategy is a Trend-Following approach. As the name would suggest, to be successful, it requires the asset to be on-trend. The general limit of a common strategy based on Moving Averages is that they underperform when the market is less volatile or trading sideways. When volatility compresses, the...
Hello Traders, Here is my new year gift for the community, Digergence for Many Indicators v4 . I tried to make it modular and readable as much as I can. Thanks to Pine Team for improving Pine Platform all the time! How it works? - On each candle it checks divergences between current and any of last 16 Pivot Points for the indicators. - it search divergence...