These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance. The basis is calculate off of the Volume Weighted Moving Average. The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
Uses two sets of MACD plus an RSI to either long or short. All three indicators trigger buy/sell as one (ie it's not 'IF MACD1 OR MACD2 OR RSI > 1 = buy", its more like "IF 1 AND 2 AND RSI=buy", all 3 match required for trigger) The MACD inputs should be tweaked depending on timeframe and what you are trading. If you are doing 1, 3, 5 min or real...
A simple script I wrote that allows you to look at the posture of a moving average. Rates of change can be useful to understanding momentum. Additionally, I have included a signal line so you can see if the posture is more or less than average.
This is only a slight modification to the existing "MACD Strategy" strategy plugin! found the default MACD strategy to be lacking, although impressive for its simplicity. I added "year>2014" to the IF buy/sell conditions so it will only backtest from 2015 and beyond ** . I also had a problem with the standard MACD trading late, per se. To that end I modified the...
My version of ChopBot with a little of Gen Opt. Seems to be good for direction spotting during sideways and uptrend. Works only on 4h HA candles.
Bitcoin as an alternative to capital outflows, with a market cap of just 2 billion can easily be up by multiples from the outflow of yuan from mainland China alone. People simply do not want yuan if their purchasing power is going down over time. Current methods of taking capital off mainland China via overseas cash withdrawals are quickly being closed out by...
These Bollinger Bands are exponential because the variance is calculated using the exponential moving average, rather than just adding the normal standard deviation to the ema. This may be more useful because the exponential standard deviation should be more sensitive to near term increases or decreases in volatility. Please do not forget that Bollinger Bands...
I've been working on a top and bottom picker script over the past couple of weeks, based on RSI of multiple timeframe closing price. It've been a pretty good trading system that's tested over the last meteoric rise from 220~270 and back down to 230 right now, and I think it should be released to the community. Sure, I'm not worried about this strategy not working...
You also need to add a MA30 to the chart and set a timeframe of W on FOREX and others and H4 or D for BTCUSD. Buy: when MA30 changes from downtrend to uptrend, price is over MA30 and magarto indicator shows a crossover in the top. Sell: opposite scenario Update 1: Sorry, for LTCUSD it didn't work. I used the wrong chart when I published it so check it in BTCUSD.