A free version of the Weis Wave Volume strategy with options to adjust sensitivity to reverse the trending
Combine to the long-term neutral zone ()
Support multiple sources and multi resolution candlestick , without or without smoothing with multiple methods
HOW TO USE
Completely use historical data to resolute repainting problem
Combine to the long-term neutral zone ( )
Support multiple sources and multi resolution candlestick, without or without smoothing with multiple methods
HOW TO USE
Testing with different setting for different...
It seems profitable with applying some filters on the MACD indicators
Using the historical data only without the look ahead option to avoid the repainting issue
Supporting a schema to do studies with different sources with smoothing option to remove noises from the historical data
Supporting different methods to do price average (i.e. MA) of...
Some people have asked me how to correctly use security() function on multiple time frames. This script is my example to demonstrate ways to use the security() function in different contexts. Hopefully, it can help to provide a detail explanation of how the security() function with different resolutions working on the 15M Candles Chart.
Supporting to use MA from the 15 most popular MA calculation
Kaufman Adaptive Moving Average(KAMA)
Hull Moving Average
Smoothed Moving Average
Variable Index Dynamic Average
Fractal Adaptive Moving Average (Credit goes to Shizaru for the original calculation)
Fractal Dimension Adaptive Moving Average (A combination between FRAMA and KAMA)
Multiple ways (i.e. 10 checks) to test if a candle bar is Bullish (Green), Bearish (Red), or Sidewise (Black)
The higher bar trending confidence the stronger certainty of the candle bar is Bullish or Bearish
The higher pricing nose the stronger certainty of the candle bar is Bullish or Bearish
The longer trending the higher pressure on the...
A simple indicator to identify the market is in Bullish, Bearish, or Sidewise. Following is the best usage of this indicator
Long when in the strong Bullish
Short when in the strong Bearish
Scalping for small profit with Stop Loss when in either Bullish or Bearish
Strongly recommended no trades when in Sidewise