//Strategy based on the idea that stop loss and take profit are often placed at full price levels or round numbers, whcih acts as resistance and supports levels //Buy Rules: //Actual price (close) is above round number. //Round number level was not touched in previous ten bars (arbitrary value). //Place a buy and follow the order with a trail step because price...
This is a script I remade from 2 previous TDuser's scripts. Thanks community for sharing, I hope you find it useful. φ!
Trend Detection Index indicator script. This indicator was originally developed by M.H. Pee (Stocks & Commodities V. 19:10 (54-61): Trend Detection Index).
Este algoritmo intenta identificar patrones o fractales dentro de los movimientos de precios para dar señales de compra o venta de activos.
Plotting Multiple Moving Averages in one indicator
RSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one. You can use this indicator in 2 different ways: normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart) signal line : when RSI Divergence cross zero line from...
Simply look for a 12 point long bar and that's a perfect time to buy the security