Many asked me about swing reversal indicators. There are many but less of them can guarantee high win rate. Because market is complex, the reversals can be nested together, which means sub level reversals will be contained in higher level waves. This can be well explained by Elloit wave theory.
Here it is a simple moving average...
This strategy will look for opportunities when price touches the lower Bollinger band, then enters Long when it anticipates a MACD crossover signal.
Setup: on 1-day chart interval
Exits when either (a) hitting trailing stop loss, or (b) meeting risk-to-reward, if defined by user.
The PPO is basically the MACD but in percentage terms. This is better for comparing momentum across different securities.
This script is a standard PPO but with many options for customization. You can set the moving average type of the signal and the oscillator lines separately. You can also weight any moving average of the PPO by volume.
Supported Types of MA:
One of the questions hobbyist traders more often ask is: what is the perfect trading indicator?
Every indicator is just a tool, so its efficiency is proportional to your ability to read its signals and translate them into an actionable trading strategy. The RSI is likely the most flexible and easy to use among the technical indicators.
This trading strategy...
Strategy used in the CDI community that consists of having as a signal to enter long when it crosses the entire Ichimoku cloud .
It is recommended to use the strategy in one hour candles and the profit / loss ratio is 2 to 1 for swing trading, however it can be used at any time frame.
The purpose is to perform a bakctesting quickly by setting the limit and stop...
Have you ever heard that each candle represents a battle between bulls (buyer) and bears (seller)? If you know the answer, apparently you understand what the price action means. What if I ask you, how much was bloody in each battle between bulls and bears?!. This indicator may give a clear picture of how to...
This is an improved version of Fisher, which use as a source the distance from EMA , compared to the initial source which was on the close of a candle.
It can be used in any market, any time frame .
For conditions we have multiple conditions for the logic, in this case initially if our fisher is above 0 is a long direction ,if its belowe 0 its a short...
Hello, today I bring you another crypto strategy which can work with multiple timeframes and most of crypto currencies
Its made entirelly of multiple EMA , of different lengths : like super fast, fast, normal, slow and very slow
We also combine a little bit of price action together with the trend direction both for entry and for exits, to have a more precise...
The 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given...
Hello, today I bring another amazing strategy for forex .
Its made of T3 moving average , combined together with a pattern rule and a specific entry time.
We take all of that and we trade it in inverse.
So what normally for long would be : close higher than the previos high and close higher than the average, we use this as a short condition. We do the same...
Swing Reversal Indicator was meant to help identify pivot points on the chart which indicate momentum to buy and sell. The indicator uses 3 main questions to help plot the points:
Did price take out yesterday's high or low?
Is today's range bigger than yesterday? (Indicates activity in price)
Is the close in the upper/lower portion of the candle?...
What is a Pivot Point?
A pivot point is a technical analysis indicator used to determine the overall trend of the market over different time frames. A pivot point is calculated based on the high, low, and closing prices of previous trading session/day and support and resistance levels that are projected based on the pivot point calculation as well as type of the...
This strategy is mainly designed for swing trading applied to FOREX.
In this case we make use of 2 moving averages but with different time frame, lets say 1h and 1 day.
When they cross above we would initially have a long trade, but in this strategy we trade it in reverse, so we would actually enter a short position.
The same for short trade.
At the same time...
Today I bring you a new strategy thats made of parabolic sar. It has optmized values for GBPJPY Daily timeframe chart.
It also has a time period selection, in order to see how it behave between selected years.
The strategy behind it is simple :
We have an uptrend , (the psar is below our candles) we go long. We exit when our candle crosses the psar value.
Strategy built based on earlier published indicator:
Looks to be doing good for short term swing trades. But, I am not sure if there is repainting. I tried to avoid buy/sell trades on same day - but wasn't successful.
So far back-tested on following:
COINBASE:BTCUSD - works on both long and...
A very simple, almost naive strategy, in which you buy on the lowest of the two previous candles and sell at the highest of the two previous candles. You can configure these highest and lowest lenght, in some assets two is too small of a number to make profit. You can also configure to exit the position after X, and I found that 7 (which is a week of working days)...
- Ultimate VWAP Bands is a script that helps to decide and further clarify areas of oversold and overbought conditions.
- For example, when the price is in the lowest band it is extremely oversold relative to the VWAP . Hence it should be considered a good place to buy with a high risk to reward payoff.
- Each band is set at a fixed offset away from the VWAP ....