QuantCat Chande Swinger
This strategy is designed to be used on the 1 minute with mainly bitcoin, and cryptocurrencies. But parameters can be adjusted to ANY pair.
After some long research about chande momentum oscillator, I decided to create a strategy using normal distribution percentage levels to snipe entries. This in turn on the 1 minute can create a nice...
Another tool for the cooltoyz series :)
tired of having to look at multiple time frames for a ticker, and having to mentally mix them to try to guess/visualize trends, or support/resistance levels? so was i, and with this tool i let the chart do the heavy lifting :)
with this, upper time frames are visualized as shadows imposed on the chart itself. there are...
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...
here is my first script.
This is the normal 14 period ADX,
but with a color twist, to make it extremely easy on eyes.
easily spot the strength.
ADX, as you know, shows the strength of the trend.
As short term traders, we need price movement and a strong trend.
How to use this script ?
1. We don't trade when ADX is in the red...
** Tired of Script showing a trade that you stopped out on but is still long on your script? Not any more**
I used Pine script to create realistic trading scenarios for SL users. Now your scripts will reflect what you see on the order book.
a := (*Insert buy condition*)? close: nz(a)
plot(0.98*a, color= green) //2%SL for BUY
b:= (*Insert Short...
QuantCat Momentum Finder Strategy
This strategy is designed to be used on the 1 hour time frame, on all x/btc pairs.
The beautiful thing is it plots the take profit, and stoploss for you for each entry- where I would say use the stoploss for sure and feel with water with how the price action is looking when in profit.
In this strategy, I actually implemented my...
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 indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken...
The ‘Mayer Multiple’ is one of the most popular metrics and derives from the current price divided by the 200-day moving average (200-MA). The average value is 1.39, and historically, when it becomes equal to or greater than 2.4 it will retrace to under 1.5.
Simulations performed by Trace Mayer determined that in the past, the best long-term results were achieved...
type: alert creation
required time: 5 minutes
Getting alerts for indicators and strats is good to easy the eyes of the charts for a while :)
After my first script itroducing how to do alerts here there is an easier, more clear way to create an alert. It's still good to do it the "old way" to understand/debug an alert, but after that you'll want this...
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...