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Aroon

A Video Explaining how to use the Greer Invest StrategyGreer Invest Strategy Overview: The Greer Invest strategy is designed to assist investors in making long-term investment decisions through a structured approach to buying and managing investments over time. Key Features: Invest: Indicator to pinpoint optimal entry points for investments. Investment Management: Includes an additional feature for strategic selling, allowing investors to rebalance their portfolio or generate cash for other purposes without full liquidation. Precision and Alerts: Offers precise buy signals within BuyZones and customizable alerts for proactive investment management. Purpose: This tool aims to simplify the decision-making process for when to enter or adjust positions in stocks, ETFs, cryptocurrencies, or other assets, focusing on long-term wealth accumulation rather than short-term speculation. Usage: Backtesting: Investors can use TradingView's strategy tester to evaluate the performance of this strategy over historical data. Alerts: Set up notifications to be alerted on potential buy or sell opportunities across your watchlist. Backtesting Results: The Greer Invest Strategy was backtested against the top 50 companies in the U.S. by market capitalization. Here are the key results from this comprehensive test: Total number of trades: 470 trades were executed. Total invested over time: $470,000, with each trade amounting to $1,000. Total Net Profit: The strategy yielded a profit of $162,344.59. Total Net Profit %: Overall, the strategy achieved a 35% return on the total investment. % Trade wins: A notable 82.33% of all trades ended profitably. % Trade loss: 17.67% of trades resulted in losses. Average Max Draw Down per $1000: The strategy experienced an average maximum drawdown of $550.74 per $1,000 invested, indicating potential risk levels. Average Trade Profit per $1000: Each trade, on average, profited $497.93 per $1,000. Average # bars in trade: Trades were held for an average of 396 bars, reflecting a medium-term to long-term trade duration. Detailed Results for Selected Companies: Apple (AAPL): Profit of $6,752 (67.53% return) from 10 trades. Microsoft (MSFT): Profit of $3,294.13 (32.94% return) from 8 trades. NVIDIA (NVDA): Profit of $7,743.43 (77.43% return) from 5 trades. Alphabet (GOOG): Profit of $338.22 (3.38% return) from 2 trades. Amazon (AMZN): Profit of $3,580.17 (35.80% return) from 6 trades. Meta Platforms (META): Profit of $731.04 (7.31% return) from 2 trades. Berkshire Hathaway (BRK.B): Profit of $1,902.01 (19.02% return) from 4 trades. Broadcom (AVGO): Profit of $1,089.64 (10.89% return) from 2 trades. Eli Lilly (LLY): Profit of $1,408.76 (14.09% return) from 12 trades. Tesla (TSLA): Profit of $10,263.41 (102.63% return) from 2 trades. Key Observations: High Win Rate: An impressive 82.33% of trades were winners, suggesting the strategy was effective in picking winning trades. Profitability: The strategy was profitable across various companies, with some like TSLA, NVDA, and AAPL showing particularly high returns. Drawdown: The average maximum drawdown of $550.74 per $1,000 could be a concern for risk management, indicating significant fluctuations in equity. Trade Duration: With an average of 396 bars in trade, the strategy seems to hold positions for a considerable duration, suggesting a medium to long-term approach. This analysis indicates that the strategy performs well across a diversified set of top U.S. companies by market cap, with some standout performers. However, the drawdown and long trade duration might require careful risk management and could impact liquidity or opportunity cost considerations. Credit: Credit to Tushar Chande who invented the Aroon indicator. Credit to Carl Friedrich Gauss who invented the Gaussian process. Credit to Donovan Wall who created the script that has the math for the Gaussian Channel. Disclaimer: The Greer Invest strategy is for educational and informational use only. It does not constitute financial or investment advice. Users should perform their due diligence and consider consulting a financial advisor. There's no guarantee of profit or protection against loss. The creator of this script is not liable for any outcomes from its use.
NASDAQ:AAPLEducation
by controllinghand
👑 THE UNCROWNED BEST INDICATORS PT.1That's the Part.1 of my collection of Uncrowned best indicators for trading. I choose to call this post " uncrowned " because these indicators are firstly free resources and second well utilized and combined are much better than most of the paid indicators. Often the best indicators are forgotten just because seem too basic or have no marketing behind them. I can assure you, the top perform algorithm traders at least use for sure one of these 5 indicators. ( or more.. ) Making a great algorithm requires time to find the right combination of indicators and patience in backtesting. If you don't know some of these indicators, I suggest you have a look, you can find them for free here in Tradingview. N.1 AROON The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows. The indicator signals when this is happening, and when it isn't. The indicator consists of the "Aroon up" line, which measures the strength of the uptrend, and the "Aroon down" line, which measures the strength of the downtrend. The Aroon indicator was developed by Tushar Chande in 1995. Here is an Idea of how to use it, very basic. You can combine this indicator with your own favorite ones to create your best strategy. Check the settings to find the right setup. N.2 STOCH RSI I personally love The Stochastic RSI. This indicator as the normal stochastic shows ranges between zero and 100 and is created by applying the Stochastic oscillator formula to a set of relative strength index (RSI) values rather than to standard price data. Using RSI values within the Stochastic formula gives traders an idea of whether the current RSI value is overbought or oversold. The StochRSI oscillator was developed to take advantage of both momentum indicators in order to create a more sensitive indicator that is attuned to a specific security's historical performance rather than a generalized analysis of price change. The StochRSI was developed by Tushar S. Chande and Stanley Kroll and detailed in their book "The New Technical Trader," first published in 1994. While technical indicators already existed to show overbought and oversold levels, the two developed StochRSI to improve sensitivity and generate a greater number of signals than traditional indicators could do. The StochRSI deems something to be oversold when the value drops below 20, meaning the RSI value is trading at the lower end of its predefined range, and that the short-term direction of the underlying security may be nearing a low a possible move higher. Conversely, a reading above 80 suggests the RSI may be reaching extreme highs and could be used to signal a pullback in the underlying security. Along with identifying overbought/oversold conditions, the StochRSI can be used to identify short-term trends by looking at it in the context of an oscillator with a centerline at 50. When the StochRSI is above 50, the security may be seen as trending higher, and vice versa when it's below 50. The StochRSI should also be used in conjunction with other technical indicators or chart patterns to maximize effectiveness, especially given the high number of signals that it generates. N.3 ATR Average True Range I think the ATR is the base of any algorithm or at least every algorithm trader has at least one setup with this indicator to calculate the Stop loss or the Take profit or both together. The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period. The ATR may be used by market technicians to enter and exit trades and is a useful tool to add to a trading system. It was created to allow traders to more accurately measure the daily volatility of an asset by using simple calculations. The indicator does not indicate the price direction; rather it is used primarily to measure volatility caused by gaps and limit up or down moves. The ATR is fairly simple to calculate and only needs historical price data. The ATR is commonly used as an exit method that can be applied no matter how the entry decision is made. N.4 The Bullish and Bearish Engulfing Well, this indicator, free by tradingview show exactly the presence of Bullish and Bearish reversal made from Engulfing pattern. It can be a great confirmation indicator for your strategy if used together with other indicators inside your algorithm. N.5 WAE - Waddah Attar Explosion Last but not least, an incredible free indicator. Great for confirmation entry as well as Volume and trend direction. Trading volume can help an investor identify the momentum of a currency pair and confirm a trend. If trading volume increases, prices generally move in the same direction and can provide a heads-up if volume diminishes. Once volume begins to diminish and the fuel for the trend starts to dry up, a reversal or ranging market may be on the horizon. This particular volume indicator has only three components to interpret, visually straightforward, easy to understand, and user-friendly. I hope at least one of these Five uncrowned indicators will become part of your arsenal. Please, support my work with likes and comments!
Education
by FOREXN1
12
BTC Analysis Series 2 || Indicator and oscillator dataWe will analyze indicator data at Btc. Aroon; We can tell from the long-running parallel channel movements that there is a jam. It is possible to see that price movements in CMF and CCI do not make a candle close enough to cause a strong signal by the Aroon indicator. This long-term parallel going can realize a strong refraction. The fact that Aroon Up has been at the top for a long time and is performing a downward break in the present time may be a harbinger that the trend will experience a downward break. In short, Aroon signals a trend return. But we'll see if it's going to be a strong break or not. I also use fibonacci data in indicators. in my measurement at the point where the last channel trend began, I see that the signal is at 1,618 refraction points when I write this analysis right now. You may not take this measurement seriously. Of course, your own observations will be best for your choices. Stoch Looking at the stochastic rsi moving average, I think that %K and %D are in an unstable state. At first glance, you might think that this is a weakening in momentum. But signal trend angles may actually indicate that buyers and sellers remain undecided about the direction of the trend. However, we can see that the refractive angle of %K is more aggressive than %D. I think that even if the momentum weakens and prices have shown a downward trend, buyers are still greedy. The Greed Index is now over 75. This, in fact, supports my strong upward slope at K%. As a result, even if btc is going to make a correction from here, I don't expect it to be a very stressful aggressive decline. CCI I wrote an indicator that gets the CCI and Atr indicator proportional with Pine script. I want to interpret CCI using my own indicator data. At CCI, I can explain price movements with a three-dimensional symmetry. From the indicator , which draws a triangle-like geometry, I can see the instability that we are talking about in stoch. As we move forward, we will see if this triangle formation will be completed and the fracture will be up and down. As a result, the CCI indicator shows that price movements have fallen, but the war of buyers and sellers continues. So I would say that those who want to buy are afraid to buy, those who want to sell feel comfortable to keep the profit level high. There is no aggressive signal of buying or selling movements. This explains both ambivalence and confidence in the market. the data I received from indicator reflects very well the psychology of investors who want to take positions depending on the situation. Result = Undecided. CMF CMF indicator is not as unstable as CCI. It reflects the movement of money in the market one-on-one. That's why it's my favorite indicator. In this way, I can detect the smoothness well. Looking at this indicator, I will not make an indecisive comment, as in the CCI indicator. Yes, candles are rising, and CMF continues to decline in negative mismatches and prices. I think that the support will cause BTC to lose its current position due to the reduction of money inflows in the near future. But as with other indicators, CMF price movements do not show a rapid downward trend at the time I wrote this analysis. Yes, it is certain that there is a decrease in Indicator data and a negative mismatch . But we don't yet know if this is strong enough for a downward break. We'll see what happens in the coming days. Other RSI volume, etc. indicators will not be interpreted. Because everyone already uses these indicators and knows exactly what to do with the indicator data. I conducted such an analysis to analyze both training and indicators for new investors. I hope I succeeded. Result; If you ask my own opinion by collecting the signals of all indicators, along with the instability in the indicator data, buyers and sellers are not in fear, the indicator data is not manipulative , the breakages are in the form of soft transitions, perhaps a few thousand dollars can bring the closing of the candle. At the moment when I write the analysis, I am collecting Daily Signal data and commenting. But sudden sales or sudden purchases can come. We don't know that. But I think BTC will come out of this jam strongly with a little correction , as I've collected a signal that buyers are comfortable with buying, selling at their sellers. Enjoy your shopping .
Education
by CryptoBrainn
2
Aroon From ScratchHi traders! Today we gonna tell you about one of the most interesting indicators. As you know, trend is based on price action. Everything on the market based on price action, LMAO. Thus, it’s considerably important to define and extract some hidden states, that can play a huge role in trend predicting. Aroon is one of this hidden-state finders. The Aroon indicator is a technical indicator that is used to identify trend changes in the pric, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows. The indicator signals when this is happening, and when it isn't. The indicator consists of the "Aroon up" line, which measures the strength of the uptrend, and the "Aroon down" line, which measures the strength of the downtrend. Formulas for the Aroon Indicator Aroon Up(orange)= (x-periods since last high in x period) /x*100 where x – number of periods. Aroon Down(blue)= (x-periods since last low in x period)/x*100 where x – number of periods. How to use it? We use it in two ways: crossovers and parallel state. When Aroon Up and Aroon Down draw a parallel channel, we can make a conclusion that market is choppy and it would be better to avoid entering. Crossovers can signal entry or exit points. Up crossing above Down can be a signal to buy. Down crossing below Up may be a signal to sell. When both indicators are below 50 it can signal that the price is consolidating. New highs or lows are not being created. Traders can watch for breakouts as well as the next Aroon crossover to signal which direction price is going. As for the parameters, we use on 15M timeframe Aroon with the length 10 on 4H. It gives us less signals, but they are very strong. You can tune it in depending on your purposes and goals of strategy.
Education
by Skyrexio
IT'S MADNESS - A million indicators.... The SULTANS of SWING!Although you don't see a million on my charts, it is important to use a million indicators (or five or six). I like to think about it like lovers, the more you have... the more they will all agree with one another. When I'm making larger plays, I make sure that NOT JUST ONE , but multiple indicators agree with my predictions. Here are some of my favorite indicators. AROON (helps me to visualize trends. As with any indicator, the two lines crossing often represents a change in trend) www.investopedia.com Parabolic SAR (when a large trend begins it usually creates the beginning of a parabolic curve in this indicator, the same is true in the inverse) www.investopedia.com Chris Moody's MACD (An incredibly useful trend indicator. I've stripped it down (located in the top pane) so that it only shows me the essential trend changes. This one indicator could make you money all by itself. You are a genius, Chris.) Stochastic RSI (again, looking for a cross of the two lines, to indicate a change of trend) www.investopedia.com MFI (also very useful in crypto, called the Money Flow Index). www.investopedia.com THE FOURTH PANE HAS A STACKING INDICATOR I FOUND THAT PUTS MANY TOGETHER (Thanks Sigma Draconis) RSI / Stoch / SRSI / MFI / Aroon Overlay
Education
by Ifyouonlyknew
2