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.
This is simplified Backtest for the purpose of studying the MTF MACD Indicator. The result looks good. However, this indicator should be used with other indicators and the trading risk management for better filtering the signals. For example, to use the Premium Neutral Zone indicator to trade Long only when the market is above the NZ and to trade Short only when...
This is a Multiple Time Frames (MTF) MACD indicator
Supporting different sources.
Supporting different MA calculations.
Supporting different time frames.
Supporting noise reduction and relative strength calculation to filter signals.
Buy when all MACD lines cross over Signal lines, and it is below the Oversold threshold (GREEN highlighted)
This is a simplified Backtest of the Multiple Time Frames Quantitative Qualitative Estimation (MTF QQE) indicator for the purpose of studying QQE indicator. It seems this basic indicator is working with the existing very strong bearish market. Generally, it would be working with the very strong bullish market as well.
It is good to use with other indicator,...
This is a Multiple Time Frames Quantitative Qualitative Estimation (MTF QQE) indicator, being able to apply on different sources and to use different MA calculations for RSI smoothed. This basic indicator seems still working when the market in a very strong bearish or bullish phases. This is almost similar to MACD indicator applied on the source of RSI lines.
This is a simple Backtest of the Premium MTF RSI Indicator for the purpose of studying Multiple Time Frame RSI Oversold and Overbought. It seems still profitable with this basic indicator
The Premium MTF RSI Indicator:
Five MTF (Multiple Time Frames) MAs on different sources, different candles, and different MA calculations.
Strong Bullish when MA1 > MA2 > MA3 > MA4 > MA5 (LIME color highlighted)
Strong Bearish when MA1 < MA2 < MA3 < MA4 < MA5 (RED color highlighted)
Five MTF (Multiple Time Frames) RSI on different sources, different candles, and different MA calculations for data smoothing.
Buy when all RSI lines are indicating Oversold (GREEN color highlighted)
Sell when all RSI lines are indicating Overbought (RED color highlighted)
This Script is set up to be run with the Gunbot Bitcoin Trading Bot.. It provides lots of different features and different ways to be able to change the script around in order to get the best alerts set up as possible. It mostly focuses on using Moving Averages, or Bollengier Bands, and it can also be used with bot.
When you see the option for it to have...
This is the latest version without any reported bugs, we have also increased the accuracy by at least 10% compared to ver 1.0 and older versions. numerous tweaks have been done on this and we are going to keep this stable version, till we work on future updates for later.
- Use this system in conjunction to your technical analysis to achieve optimal...
Full indicator MasterShredder, differents spin-off lighter version exist
This Indicator was developed from Market Maker Theory
Market Maker Theory is based off of the idea that the FX markets are operated by large institutional players. These institutional players are international corporations that have trading offices all around the world.
The 3 Musketeers
This Indicator was developed to show whenever strong move is happening, and announcing further development in the price action
The story behind this indicator is pretty simple for powerful indicator as it is.
The main concept is that d'Artagnan cannot do much alone, without the help of the three other.
If d'Artagnan come first on the field...