UCS_S_Stochastic Pop and Drop StrategyMy Contribution to Jake Bernstein Educational Series, Initiated by Chris Moody.
The Stochastic Pop was developed by Jake Bernstein and modified by David Steckler. Bernstein's original Stochastic Pop is a trading strategy that identifies price pops when the Stochastic Oscillator surges above 80. Steckler modified this strategy by adding conditional filters using the Average Directional Index (ADX) and the weekly Stochastic Oscillator.
Modifications
1. Weekly Stochastic Oscillator for Trading Bias = 5* Daily Stochastic
2. Optional Volume Confirmation, Custom Average Volume Length
Future Plans
1. Adding Triggers for Entry, Stops and Target. - This will be release when we have ability to code the complete Strategy. Although it can be done with the current pinescript options, it would be far more easier if we have strategy ability.
Link for Educational Purpose
stockcharts.com
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Good Luck Trading
UCSgears
Oscilador Estocástico
Insync Index [LazyBear]BB Support + Histo mode
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Code: pastebin.com
Show enclosing BB
Show Insync as Histo:
v02 - Configurable levels
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Small update to allow configuring the 95/75/25/5 levels.
Latest source code: pastebin.com
v01 - orginal description
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Insync Index, by Norm North, is a consensus indicator. It uses RSI, MACD, MFI, DPO, ROC, Stoch, CCI and %B to calculate a composite signal. Basically, this index shows that when a majority of underlying indicators is in sync, a turning point is near.
There are couple of ways to use this indicator.
- Buy when crossing up 5, sell when crossing down 95.
- Market is typically bullish when index is above 50, bearish when below 50. This can be a great confirmation signal for price action + trend lines.
Also, since this is typical oscillator, look for divergences between price and index.
Levels 75/25 are early warning levels. Note that, index > 75 (and less than 95) should be considered very bullish and index below 25 (but above 5) as very bearish. Levels 95/5 are equivalent to traditional OB/OS levels.
The various values of the underlying components can be tuned via options page. I have also provided an option to color bars based on the index value.
More info: The Insync Index by Norm North, TASC Jan 1995
drive.google.com
List of my free indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
(Support doc: bit.ly)
vdubsoxI've been asking for this concept for a while, a simple MA that rides the top side of the trend instead of the bottom, and by accident came across the 'Hull ma' on a TV blog post. I've added another two simple Moving averages to act as strength indicator with close proximity to the price.
The strategy is simple MA cross over but with the early indication using Hull ma gives you a heads up on trend / price reversal.
I'm using this in conjunction with BB set at 34. on a 1/3/5 min charts & Heiken Ashi to smooth out the noise with awesome success trading Binary options.
RSI-Stochastic Hybrid v2**For those who like a smooth ride...v2 of this script is now updated with optional exponential averaging of the stochastic and RSI. So for instance a value of 3 for smoothing of the stochastic is like using %D instead of %K. **
This is a very simple idea - an average of RSI and the Stochastic Oscillator. However it offers plenty of flexibility for tuning to your requirements. You can change the lengths of either indicator and the weighting of each. By default it's set to 50/50 (just change the percent RSI to adjust). There is also an optional EMA which can be used as a signal line.
This idea comes from Greg Morris who likes to use it for trend following. I would buy when the indicator hits the overbought line and sell when it goes below 50.
RSI-Stochastic HybridThis is a very simple idea - an average of RSI and the Stochastic Oscillator. However it offers plenty of flexibility for tuning to your requirements. You can change the lengths of either indicator and the weighting of each. By default it's set to 50/50 (just change the percent RSI to adjust). There is also an optional EMA which can be used as a signal line.
This idea comes from Greg Morris who likes to use it for trend following. I would buy when the indicator hits the overbought line and sell when it goes below 50.
Slow StochasticThe slow stochastic indicator is a price oscillator that compares a security’s closing price over “n” range. The most commonly used range for the slow stochastic indicator is 14.
Defaults K=14, D=3
Double StochasticDouble Stochastic is use 2 Stochastic for monitoring price swing.
Slow Stochastic (21,3,3) for monitoring the swing of price cycle.
Fast Stochastic (5,1,1) for monitoring the swing in price ripple.
When 2 Stochastic run way from each other, separately , mean Price will move only retrace or rebound in ripple movement.
When 2 Stochastic Flip and Run break thru from overbought or oversold zone , mean Price will move to change in major direction
Useful for decision to hold position or take action
Such as Price move up and start decline, Slow Stochastic run above 80 and only Fast Stochastic swing down, mean Price just move retrace down. Price still has chance to flip and move up again. This will help we hold the Long Position or know where to open more Long position on price dip.
Or Price break down to support line and start rebound , Slow Stochastic run below 20 and only Fast Stochastic Swing Up , mean Price just move rebound to go down again. This will help we can hold Short Position or know where to open more Short position.
Wave Riders ...
DMI Stochastic Extereme - Version 2Version 2 Includes
Custom setting for the Oversold and Overbought Levels
Replaced B and S with arrows
Cleaned up the code and finalized the indicator.
*Unless there is a real need, this indicator will not be revised further.
Stochastic Momentum Index _ UCSgearsThe Stochastic Momentum Index (SMI) was introduced by William Blau in 1993 as a way to clarify the traditional stochastic oscillator. SMI helps you see where the current close has taken place relative to the midpoint of the recent high to low range is based on price change in relation to the range of the price. This is a range based indicator, when used right. It can help momentum changes.
For those looking for help understanding this -
wiki.timetotrade.eu
www.tradingstrategyideas.com
tlc.thinkorswim.com
www.sierrachart.com
CM Stochastic Multi-TimeFrameMulti TimeFrame Stochastic Loaded With Features.
Basics:
Ability to turn On/Off Crosses Only Above or Below High/Low Lines.
User sets Values Of High/Low lines.
Ability to turn On/Off All Crosses, Both BackGround Highlights and “B”, “S” Letters.
Ability to turn On/Off BackGround Highlights if Stoch is Above Or Below High/Low Lines.
Ability to All or Any Combination of these Features.
Multi Timeframe Capabilities:
Stoch defaults to current timeframe. You can change to many other timeframes.
Ability to turn On/Off Plotting 2nd Stoch on same TimeFrame with different settings
Ability to turn On/Off Plotting 2nd Stoch on Different TimeFrame
Much More…All Inputs and Options are Adjustable in Inputs Tab.
UCS_Momentum Oscillator - Version 2This is Version - 2 of the Momentum Oscillator, Like i said on the prior version, This version has an Indicator for Trends.
Marks only Overbought and Oversold Based on the TREND.
The Trend dots are calculated exactly like the Slingshot system trend.
DMI Stochastic Extreme - DMI Stochastic Extreme - Version 2
- Replaced B with , Replaced S with
- Ability to change Overbought and Oversold Levels
- Clean PineScript
List of All my Indicators - www.tradingview.com
DMI Stochastic ExteremeUSed the DMI Oscillator created by LARK "https://www.tradingview.com/v/T79b6F5n/" to create this DMI Stochastic Extreme. You can also use the DMI Stochastic by Lark
Updated Version -
TheLark: Directional Movement Index StochasticThere is a nice writeup about a system that uses DMISTO here, which includes decent statistics:
traderedge.net
I have not yet done any back testing on the system as a whole myself, but thought the DMISTO was an interesting indicator, so ported it over for those who might want to play with it and create their own systems. I added dots that denote signals similar to the system described above, which can be turned off if desired.
Ehlers Smoothed Stochastic & RSI with Roofing FiltersRoofing filters, first discussed by Mr.John Ehlers, act as a passband, filtering out unwanted noise from market data and accentuating turning points.
I have included 2 indicators with filters enabled. Both support double smoothing via options page. All the parameters are configurable.
Info on Roofing Filter and Ehlers Super Smoother:
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The Ehlers' Roofing Filter is an expansion on Ehlers Super Smoother Filter, both being smoothing techniques based on analog filters. This filter aims at reducing noise in price data.
In Super Smoother Filter, regardless of the time frame used, all waves having cycles of less than 10 bars are considered noise (customizable via options page). The Roofing Filter uses this principle, however, it also creates a so-called "roof" by eliminating wave components having cycles greater than 48 bars which are perceived as "spectral dilation". Thus, the filter only passes those spectral components whose periods are between 10 and 48 bars. This technique noticeably reduces indicator lag and also helps assess turning points more accurately.
More info:
- Spectral dilation paper: www.mesasoftware.com
- John Ehlers presentation: www.youtube.com
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If you want to use RSI %B and Bandwidth, follow this guide to "Make mine" this chart and get access to the source:
drive.google.com
For the complete list of my indicators, check this post:
Indicator: Vervoort Smoothed Oscillator [LazyBear]This is Mr. Sylvian Vervoort's take on improving some well-known indicators (%B and Stoch) using smoothing techniques. A combination of TEMA and WMA does a nice job smoothing out %B, derived from zero-lag “Rainbow” data series. The same Rainbow series, averaged with the typical price, smooth the Stochastic K oscillator to produce slowStoch.
Vervroot's strategy for this oscillator (detailed explanation in the reference material below):
- It must be bullish for a buy signal and bearish for a sell signal. This means that both the oscillators must be moving up or down.
- Use the oscillators for detecting divergences. Divergence even in one is still valid.
- Stoch crossing 50 is a good confirmation signal. Momentum usually is an excellent leading indicator, so keep an eye on Stoch.
More info:
www.traders.com
www.scribd.com
Complete list of my indicators (Check the comments, I keep the list updated there):
Indicator: Premier Stochastic OscillatorThe PSO, developed by Lee Leibfarth, is a rewired version of a short-period stochastic. This provides a quick response to changes in market direction. This highly sensitive indicator allows for early anticipation of price turns and can be used to establish definitive trading zones that identify potential trading opportunities.
Rules as suggested by Mr.Lee:
For long trades:
(1) Premier stochastic crosses below 0.90
(2) premier stochastic crosses below 0.20
For short trades:
(1) Premier stochastic crosses above -0.90
(2) premier stochastic crosses above -0.20
More info on the trading zones and other nuances:
www.investopedia.com
Strategy Stochastic Crossover This back testing strategy generates a long trade at the Open of the following
bar when the %K line crosses below the %D line and both are above the Overbought level.
It generates a short trade at the Open of the following bar when the %K line
crosses above the %D line and both values are below the Oversold level.
