A simple script to plot multiple EMAs - 10, 20, 50, 100, 200.
Red when 10 crosses below the 20 Good basis for other strategies to be built Hide original bar coloring to more clearly see the overlay.
Really questioning how the trailing stop works in the backtesting framework of tradingview/pinescript, I am sure I would not get the same results with the same strategy in MT4.
This strategy uses Moving Averages to determine the Long and short locations but also has additional indicators which determine if the cross is valid. If the lower band is red it will reject a short if the upper band is red it will reject a long
Here's a simple tool for determining long term trend direction using two Volume Weighted Moving Averages (VWMA). The VWMA's emphasis on volume often makes it a better measurement for trend direction than the more popular Exponential Moving Average (EMA). Trend direction is determined by comparing a fast and slow VWMA. The default length for the fast VWMA is 50...
this is a study created on pine v4, gives u a lot of usefull information about the trend, as u can see we have AVERAGE TRUE RANGE BANDS, also simple moving average, buy when green appears, and sell when the red come over, good trading bye.
View the full documentation on this indicator here: www.kenzing.com Note: This indicator is now intended for those who have been granted private access and may be more frequently updated than the previous versions. Introduction This indicator uses machine learning (Artificial Intelligence) to solve a real human problem. The Exponential Moving Average (...
Note: This indicator is intended for those who have been granted private access and may be more frequently updated than the previous versions. Introduction This indicator uses machine learning (Artificial Intelligence) to solve a real human problem. The Moving Average is the most used indicator on the planet, yet no one really knows what pair of moving...
Tenkan Kijun cross alert, best used alongside a Volume indicator to help aid with finding those trend continuation patterns. I prefer to use the Chaikin Money Flow, when it indicates and holds above the 0 line then you will bias Longs, and when below then you will Bias shorts If you like this then please donate BTC: 1LRbUgrkvFLQ5Mt7C62EJRD9aMvhDNT22K ETH:...
Firstly, 100% of the credit goes to Greg Morris @ Stockcharts.com for the article detailing the concept and most of the settings/components. I've simply implemented his idea. I haven't sought permission from him, but given that he was open with the components of the indicator I'm assuming he's happy for me to go ahead and code this in pinescript. See the article...
This technical indicator plot the current market volatility with trend direction signals. If the curve is above the zero line, market is bullish, if it is below, market is bearish. It is calculated with recent market range compounded from the OHLC values of Weighted moving average. The pro of this indicator is that it can’t avoid ranging market because of its...