ENGLISH - Introduction The Steinkopff multi-momentum indicator is making use of the momentum-effect, also described as the absolute historical performance of a price movement. Momentum in a nutshell enables to make better statements about the strength and direction or slope of a price movement and can be used to define when to buy or to sell an underlying more...
Harmonic Predictor tries to predict where a harmonic formation might show up in the future. It checks the high/low points on the chart and tries to match them to the first 4 points of the XABCD formation. If there is a match, it estimates at what price level the last point (point D) will appear. And then it draws it with some error margin. It can detect the...
Here we have 2x Codes Together. A) Volume-based S/R Levels >>> Credits for the creator @wugamlo B) Support Resistance Diagonal >>> Credits fo the creator @pikusov I Just mix them in one code. This indicators are the best ones in tradingview to confirm Supports and Resistances. it's a good way to help us to check the trend and gives an idea to get in or get...
This code was created by @Alexgrove and I asked @Fleite28 to make a multiple price line code based on it. @Alexgrove have all the credits for the code, and @Fleite28 have the credits for this modification. I just have the idea to multiply it. It`s an experimental indicator that gives you trend lines and triangle patterns. When the triangles reach the end you can...
This strategy uses the RSI on MACD indicator. BUY ==== When RSI indicator crossing over 30 or 35 line and price above slow ema Note: when the position already taken, you may reenter on the purple candle Partial Exit ========== Partial profit taking option is available in settings. If this is selected , 1/3 position exited when RSI indicator crossing...
Hello traders For today, I wanted to translate a FXCM/LUA script to Pinescript Source: fxcodebase.com This indicator creates a list of available currency pairs, Displays Pip or the percentage change for the defined time frames. I added a lookback option to compare the current close value to the lookback candle open value Possible optimizations Throwing a...
This indicator allows you to specify price level in which to detect basic candlestick patterns. In the example above, I have specified the most immediate support and resistance level on Bank nifty and set the script to detect price action. If a price action occurs within the resistance level a signal will be generated; likewise for price action within the support...
Shading the area of positive CMF with green and negative with red.
So, Dear Friends, I am open-sourcing one of my scripts which I created as a thesis project, The Auto Trader System is a Scalping Tool , to be used mostly in intraday Setups!! and is designed using, 1. Fibonacci Bands Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback), The...
I am the original creator of this indicator for tradingview, it can be used separately now, it is a PVSRA indicator, where it marks the key points of support and resistance. Market makers pull the market above the key level for distribution in bearish and pull below the key level for accumulation in bullish Mainly used for We have Whole level: main resistance...
Deflates time series of historical open, close, high, low prices. This adjusts price data for inflation and removes the effect of price inflation. inflation-adjusted price for period 't' = (price / cpi ) * 100 Historical CPI is pulled from Quandl.
This is a different version of my backtest module, which will be a fully featured alert and backtest tool. The new strategy alerts will be integrated so we don't require 2 different scripts anymore. All in one. There are no stop mechanism in this version. The entry and exit signal has to come from your indicator (you can set the signal values yourself). It also...
This script allows you to choose a starting point or "anchor" for a moving average. You can choose an EMA, SMA, or WMA and set the length and the source (close, open, hlc3, etc...). Keep in mind that it needs to count the number of candles you specify as the length in order to begin an accurate representation. So we suggest to start the plot earlier since it will...
Hi traders This strategy is based on two take profit targets and scaling out strategy. The entry rule is very simple. Whenever supertrend show long trade is taken and vice versa...and you have to use minimum 2 contract size Take Profit and Stop Loss The first take profit is set at 3 points above the long entry and the second take profit is set at 6 points above...