Request for: sankar2389 Gold conversion from dollar to INR and to grams.
Request for Khizon01: corrected a issue with the default stoch rsi settings (14 smoothing when it should be 3), can always change back since the 14 settings were better performing at the current chart. added option to just open buy trades or sell trades separately and close were previously swing trade occur. added plot titles.
EXPERIMENTAL: preliminary version note: signals from the Daily timeframe may repaint.
Green Candle = buy opportunities Red Candle = sell opportunities
Still working on fixing the code 100%. Will update with a new version soon. This one's fine tuned for gold (tp and sl size, and contract size for a 100k account) Cheers, Ivan Labrie Time at Mode FX
Oil price in rubles. Tickers for oil and ruble could be changed manually.
This indicator plots an estimated level of USDRUB rate according to the oil price in rubles to balance the budget. The indicator works at arbitrary timescales. You can change the estimated oil price level in rubles (default value is 3150 rubles/bbl) and the ticker for the oil.
This simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is...
This chart overlay provides the daily 9 SMA of Gold. If the price of GOLD is ABOVE the 9 SMA then the line will be GOLD If the price of GOLD is BELOW the 9 SMA then the line will be RED A good way to use this overlay is by understanding how Gold effects currency pairs. if GOLD is BULLISH - then AUD/USD is BULLISH if GOLD is BULLISH - then NZD/USD is BULLISH...
Set up a trailing stop at about 0. Look for the red dots.and that's a good point to enter a long trade.
Here's a new version with color goodness and using CL1! as the gold spot source (longer history).
Combined the RSI inverse of gold to USD with the Dollar index (or whatever stock symbol that may be inverted/complementary) with another asset/currency, like bitcoin, you can basically be well informed when a potential move is on the horizon. Settings allow for inverse settings and de-combining the two pairs as well as a nice cloud look if all the lines get annoying.
This indicator shows the ratio between the DJIA and the price of gold. When the ratio is below 5 it is generally accepted that a rotation from commodities to equities should be investigated. When the ratio is above 30 it is, likewise, advised to consider rotating from equities to commodities. This is a modest improvement of the script to mark the key thresholds...