The baggy dead stock bounce strategy: Best performing assetHere is a new example of the baggy dead stock bounce strategy I posted about 2 months ago (link in related ideas).
MoviePass went up 777%.
Gambling idiots getting excited buying after it goes up hundreds of percent in a few days.
Volume is a few dozen or hundred grans a day, which is more than enough for most people.
As soon as it breaks a new high it explodes up.
Who is buying? Maybe gambing idiots that think the stock is going back to ath one day. Baggies "averaging down". "Investors" that lost everything and try making it back speculating (good luck with that). Or "students" following a "penny stock educator" that plays pump and dump with this crap, and they are actually stupid enough to think the thousands of them are all going to make money and scam someone, who would be losing money while they make money? No idea. Their imaginary friend maybe?
Where to get out thought?
Strategy!
Testing performance of Cyber Ensemble Strategy on a model Stock..with the Squeeze Test insensitivity increased to 40.
Performs well even with 0.15% commission.
For best results with my strategy scripts, the parameters needs to be optimized and back tested for a particular chart and timeframe.
Default settings were optimized for Bitcoin (BTC) on the 6hr chart (but appeared to perform well at selected lower timeframes, including the 30mins timeframe).
Cyber Ensemble Strategy -- Base on a complex interplay of different conventional indicators, and an assortment of my own developed filtering (prune and boost) algorithms.
Cyber Ensemble Alerts -- My attempt to try replicate my strategy script as a study, that generates Buy/Sell Alerts (including stop-limit strategic buys/sells) to allow autotrading on exchanges that can execute trades base on TV alerts. This project is a work-in-progress.
Cyber Momentum Strategy -- This script is based on my pSAR derived momentum oscillators set (PRISM) that I personally rely on a lot for my own trades.
The "Alerts" version of this will be developed once Cyber Ensemble Alerts have been perfected.
PRISM -- pSAR derived oscillator and its own RSI/StochRSI, as well as Momentum/Acceleration/Jerk oscillators.
Quick guide on three buy/sell position suggestion scripts.+ Cyber Ensemble Buy/Sell positions signaling is derived from an optimized scoring of a large number of conventional indicators. (Blue/Purple plus Background HeatMap)
+ FG-Divergence is based on my own modified version a MACD style oscillator, with its own accompanying Momentum and Acceleration oscillator. (Light Green/Red)
+ PRISM Signals is based on PRISM, a pSAR derived oscillator coupled with its Momentum/Acceleration/Jerk Oscillator as well as pSAR based RSI and StochRSI. (Bright Green/Red)
—
For best results, users can tweak the parameters and enable/disable specific tests and scoring Thresholds for a specific chart and timeframe, and checking how well they perform wrt historical trends. Timeframe specific presets will be added in the future when I have more time. Please do feel free to play around with the parameters and share them. If they are good, they may be added as a preset in future updates with you credited. These scripts are freshly made, and for now, my focus is to slowly refactor and improve on the code, and tidying up the ordering of the inputs to make them easier for users to navigate and understand what each of them do. In the future, once things are sufficiently improved, I aim to include alert features and release a proper “strategy version” as well, and I may post up a clearer user guide for each one of them.
How to be a Successful Forex Trader Segement 5Methodology v Strategy
Some traders use the words interchangeably, I do not.
A strategy is a set of conditions that signal you to enter the market, for example, A moving average crossover, RSI going into oversold/overbought and then reversing, Divergence, etc. and combinations thereof.
A Methodology, on the other hand, is a systematic approach to the market that a trader does on a daily basis. It is this process that leads to trade set-ups. The following is how I approach the market each day:
First, I do a top down analysis starting with the monthly moving to the daily and then the 60 min Timeframe.
Second, I do a strength and weakness analysis of each of the following currencies AUD, CAD,CHF, EUR,GBP,JPY,NZD and USD. From this I derive their relative strength from the previous day. This gives me a) A directional bias and b) the best pair to trade (Strongest v weakest)
Third, in the hour before the European open, I analyze the 60 min chart, primarily focusing on how they correlate with Ichimoku theory.
Fourth, I drop down to the 15 min chart, which what I trade off of. I look for top down alignment on each pair. The pair with the best alignment is the one I will trade.
Fifth, using Ichimoku and alignment, I either confirm, or change the directional bias from strength/weakness analysis.
Sixth, I mark the most recent Support/resistance, which I call the Asian box.
Seventh, From all of the above, I now have the best pair, direction and usually both a breakout entry or pullback entry.
Eighth, correlation, I look for all of the same currency to move together, For instance this morning, as shown in the chart above, only GBPAUD was a Buy breakout, while all the other GBP pairs were sells. Hence the reason I did not post or take the GBPAUD trade. (which would have gotten about 10 pips before crashing).
Ninth: Execute, collect your money, go to the Beach.
If you like this idea, please push like and follow me, it motivates me to post ideas more often.
Stay green my Friends
Allen
Strategy Builder - What can we do with it ?Hi y'all
After publishing this Strategy-Builder-Crypto-Single-Trend-Plots/ I got asked a lot of questions privately challenging me to showcase what a more advanced version can do (please see in this idea what it can do)
I use a custom algorithm and that's the whole point of the tool. You can define yours and it will be truly YOURS.
In this case, I added secondary signals to allow me to enter more often because it suits my psychology and capital and this configuration mixed with the m30 timeframe allows to :
- only take trades with STRONG trends - I'm not interested in < 10% move with this algorithm
- avoid many fakeouts due to low timeframes
To give a bit more details, I'll trade only the diamond and the first or sometimes second triangle signal of a given bullish/bearish sequence. As explained here Strategy-Builder-Crypto-Single-Trend-Plots/ , if in front of a resistance/support, I'll define a pullback in the indicator and track the signal via alert (why staying in front of the charts seriously)
Also I'll exit a position when a trend signal (those small red and blue labels) in the opposite direction will appear. This will invalidate a potential loosing position and will allow me to exit with a small loss
Quick FAQ
What is the winning rate ?
Depends of your configuration and psychology. Even with the good signal, if you buy a resistance without analyzing, no indicator/bot/god will help
Without being focused and rigourous, win rate is negative ... but with a bit of determination, you'll explode your own track record and will showcase to your contacts how great of a trader you are
Is it time consuming to find a configuration ?
YES quite a bit at the beginning but once done... it's done. In a few hours/days you'll get a first proper version
See what I mean ? You won't have to monitor the charts too much anymore and track visually the convergence of all your indicators leaving completely exhausted/stressed at the end of the day
You can even publish your signals to brag on Tradingview/Twitter/Facebook/Instagram/...
Are there any other benefit(s) ?
Well you're a bit greedy to ask me this friend but yes ... you'll understand after using it. You'll find configurations you wouldn't be able to think of without this tool
It will help enhance your analysts skills and give you a new perspective... the perspective of ALGO TRADING
Why did you make it ?
I made it for me to trade cryptocurrencies and being using it for over 4 years. I optimized it constantly for the last 4 years (we should be at the version 376 on Tradingview now). I wanted to remove the noise from Twitter and be only focus on TA as I'm convinced that TA will tell you everything you'll need to know
Some friends asked me to try it and now they're only trading with it because it freed them so much time. And they can create their algorithm for all assets class for all timeframes (scalping, intraday, swing) and matching their capital and psychology
So... I'm sharing it with the community and hope you'll like it as much as my small community likes it
Please shoot in the comments or in the indicator comments any question that you might have. For more personal question, shoot me a DM. I'll try to reply within a day
Enjoy my dear apprentice algo traders
Dave
ISH recap with my strategyThe best way to win, is not to lose. Back test your strategy and see how many losers you can eliminate. That is what blows up your account.
the hardest thing to do is remove emotion, believe me, I struggle with it too. Recognize when it happens, take a step back and review your strategy.
Trade safe,
mnovo
How to: "Auto-Trendline Strategy"RULES: -----------------Auto-Trendline Strategy ------------------------
For LONGS:
1- 3 Green squares on the Trend meter (Oscillators)
2- Green Trend line price Break
3 - Price above 10 EMA
4- Watch for support/resistance Gap in between.
5- Open 1:1 Risk reward ratio Long based on the largest wick of last 8 candles.
For SHORTS:
1- 3 Red squares on the Trend meter (Oscillators)
2- Red Trend line price Break
3 - Price below 10 EMA
4- Watch for support/resistance Gap in between.
5- Open 1:1 Risk reward ratio short based on the largest wick of last 8 candles.
In our case rule 1,2 and 3 are coded in the triangles so you only need 2 indicators (Auto-trendline strategy) (Support/Resistance zones)
You only need to follow rule 4 and 5.
DO NOT WAIT FOR FULL TP, THIS IS A SCALPING STRATEGY DONT GET GREEDY
when alt season begins this strategy is gonna be golden =) enjoy
Alternate trading strategyIn this video we use the APO-Absolute Price Oscilator in conjunction with the 21 day EMA and the 200EMA as aditional confirmations to enter and exit trades safely. We do give up some profit for security of strong trends instead further strengthening the avoidance of bad trades. While you can use this technique on shorter time frames, time is valuable. You could just check your positions 15min per day instead of staring at the screens all day and do something else like enjoying life and freedom.
Enjoy and trade safe...
M~
Alternative analysis methodA change has come up to my thought...
Now I share shortly, how to use 1 time frame window for low time frame without TDI Pro, while you still use it on the 2nd window. This way TDI Pro does not confuse anyone on the lower time frame scanning to now give filtered better analysis on the charts.
So what is the secret? Part 2. Going from begginer to pro.Hello, so first of all I mentionned in this idea what I think are the most important rules to keep in mind, and a guideline on how to build a system / a career:
In this idea I would like to show what I think is the end goal, and how I would advice someone getting there.
I saw a nice chart on the internet "How traders think versus How trading actually works", I modified it a bit, this is my view on the subject:
I would not know how to explain to a complete beginner, but I think I understand the beginners that already read a bit about all this.
Let me explain what is in this pie:
About the watching the markets... some... people... still deposit money to cryptopia. Exchange went bankrupt. "It's just FUD", "don't look at the news they might convince you not to H0DL". Crypto community is the perfect example of what not to do, just unbelievable. Complete bunch of idiots. People that deposit money to a broker/exhange that went down have nothing to do in this business, stick to watching tv.
If I had to guide someone I think going throught these steps would be what I would choose:
0- If they are eager to buy and sell with real money, go on a small account and sizes as small as possible. If they are already not able to control themselves, no point even trying. Cannot advance they have to be able to control themselves first.
1- Start just reading, watching videos. There is alot of nonsense, trolling, and just dumb ignorant people that give their opinion. So do not take anything for granted and absorb it all. There are some warning signs. Kid that went huge leverage and made 10,000% returns at once and starts calling himself the legend, the master of charts... Most people can tell this is dumb, right? I am not sure to be honest. Well at least 1/3 can I imagine. If you can't, go to step -1 and build your understanding of the world, common sense, some mathematics too especially probabilities.
2- I would make a feedback on what the person knows, I do this myself all the time. Re-learn everything make sure the foundations are solid and that it is all natural don't need to overthink it. But with experience it will really become natural. Decide what you like more (this will change with time) and start going in that direction. Also check if what you like (catching the falling knife bottom right before the trend reverses and riding it to the top) is possible (no) or just silly (yes).
2- Write a plan or a set of rules. How do you want to do this? Any system can do. Have a system that tells you what to look for and then detail it a bit.
Say the rules are 1- Define the trend 2- Find out what is driving it and where it could end 3- Risk factors 4- Should I hop on & when? 5- How to set stop loss 6- Exit
For each number from 1 to 6 you write how you do this. Does not have to be perfect.
3- I would suggest starting with a risk reward ratio not too high I just do not think it is a good idea to have a reward much greater than risk at this point. Try being right about the trend as much as possible, avoiding the really bad days, not to gamble, not to chase losers, understanding more how markets move.
Stick to 1 or 2 (2 may be preferable to not get bad habits) markets. Maybe Bitcoin (and some alts) since it is very popular and also very educational, as well as gold, or indices if you prefer. Indices good. I think this is what I learned the first. Story time I remember (I think) the first chart I analysed was Bitcoin in 2014. It had no support till 100 to 250$ yikes. I was already a bear before I was a trader back in 2014. First markets I learned about and watched were the stock markets. Every one was always super serious about how many points were up or down and afraid of a big crisis, even when I was 8 or so I was thinking "oh calm down dude".
4- Time for a break. Might as well do that after a lose spree.
5- Review past trades. What was good? What went wrong? What happened that day? Why? Why did the price go up? Down? Following people on various sites helps for this rather than just being isolated, well I think it does, but careful there are plenty of idiots let's call them that, that just attribute price action to the dumbest things. When you start breathing talking finance, it becomes easier. At that point you may be 1 year in, you should start to get a feel of the markets and understand better how they move. Focus on working on your strong points weak points average points :p
6- You should have refined your trading, and try having a profitable or at least break even strategy over a great enough number of trade that you know it is probably not just a lucky - on unlucky - run. Being non delusional is important. If you kept winning in a raging bull market, be aware of that. You are on your own and there is no one to tell you that. Well there is MrRenev but people do not listen. I think now you should focus on avoiding really risky trades such as have the potential for massive slippage or just ahead of some important report, weed out the bad ones. Also, you get better at holding when you should hold, and exiting when you should exit.
7- Now is the time to increase that risk to reward ratio. The best, the really top trades, they all have high risk to reward ratios. It is broken. It is like hacking. You can get very profitable this way. There are some opportunities where the odds are high even thought the risk to reward is big. One of the reason why I do not recommend this earlier is you lose 5 in a row you do not know if you made a mistake or it is all normal. Better have plenty of winners and try looking "ok so did I enter too early or not how far did they go" etc. You just have more to work with. I don't think going high reward/risk from the start is really a good idea.
Once you are good at picking winners, and weeding out the really bad ones, you can focus on raising your RR while trying to maintain a decent winrate.
If you manage to get a high RR, above 5, then maybe you can focus on increasing winrate a bit again. It might be time to start looking at a new market too, if you are comfortable with the 1/2 you started with.
8- Permanent learning improving, adjusting to new conditions. At that point you know what to do and it gets more specific.
* You can use an indicator if you like it, but chill out with the indicators my gawd. Most of them don't even tell anything you cannot see on the chart for yourself when you have some screen time.
How I trade outside bars - Trading Strategy - FMTA simple trading strategy.
Here we have a stripped back version of my trading strategy.
I simply use outside bars to indicate momentum and turning points in the market.
The first highlighted bar from April 2018 shows an outside bar completely engulfing the previous weeks price action. From here the market moves over 400 pips north.
The second highlighted bar shows a reversal from our previous move up. Again the price action completely engulfs the previous weeks. We could then gain another 400+ pips.
This repeats it self on the the third and forth bar.
We only trade outside bars from the extremities of the Bollinger bands. When entering a trade I place a pending order on a 50% retracement from the high (or low) of the outside bar.
Stops are usually placed just above the high or low of the outside bar.
You won’t catch every pip and your pending order won’t activate on every trade but this is a simple yet powerful trading system which can be used on various time frames. I tend to stick to the daily, weekly and monthly charts.
On the lower time frames (1hr/4hr) I will use the RSI(2) for further clarification on oversold and overbought markets by only trading outside bars if the RSI is above 95 or below 5.
If you have any question feel free to ask.
Don't listen too much to what I or anyone "thinks"What's up guys,
I just want to share this chart with you and some perspective.
If you don't know, I started trading about two years ago. I was profitable for almost all of that time, not because I was good, but because I bought bitcoin below $1,400 and thankfully didn't cock it up too, too hard. That said, I don't think I was any good until about a year and six months in. That's when I started to make posts here.
Being a pretty novice trader, I have a lot to learn, but I have learned much still and always am eager to share what I've learned.
Here is some general advice...
1) Do not use very much money initially, ie don't invest more than you can afford to lose
2) Do not use leverage unless you understand it (you can lose all of your money and more shorting using traditional brokerages)
3) Do not worry about getting rich quick
4) Do learn all you can from better traders (buy their books, listen to their podcasts, follow them on twitter etc.)
5) Do not trade until you have backtested a profitable strategy
6) Do implement the profitable strategy into code
This post is especially dedicated to the last two (mostly 5) which in my opinion will take you from being unprofitable to profitable very quickly...
There is a lot of talk about managing emotions in trading. And, yes that is important, but it doesn't have to be if YOU yourself never trade. If you program a bot to do it for you, you never have to learn this at all really. Granted, you have to learn programming, but the payoff is really high to do so.
Personally, I didn't start with the last two. I really wish I had.
Number 5 is the big one. It's extremely obvious, yet I happen to know that over 90% of traders are not using a profitable strategy they have backtested. Backtesting by the way, is simply testing your strategy against past market conditions.
If you haven't created any SPECIFIC strategies that are profitable, then you need to do that now before you place another trade. I have shared this chart as an example of a strategy that has been extremely profitable over the course of the past two years and would be very easy to implement into code.
The moral of the story or the tl:dr is this:
Don't place trades based on what you THINK will happen, place trades based on a strategy that has a positive expected value.
Thanks for reading,
-YoungShkreli
The baggy dead stock bounce strategy (works with crypto too)Hello,
let me present you: the baggy dead stock bounce strategy.
What is this strategy? Short version: Often, when a company has clearly died, has had months and months and years of downtrend, bad earnings, bad sales, bad everything one ofter the other, it does not reached the ground (where it belongs), but gets to the bagholder super strong hand area. And in that area, you might see some positive news. This gives a sliver of hope to iron hands bagholders, it is not rare to see stocks surge 200-500- here even 250,000% up!!! In a FEW DAYS!
The goods:
1- The price has kept going down, all the smart money has been out for a long time, there is no way any pro's are left, all that is left are dumb retail baggies that will never sell. Which makes it very unlikely that the price just falls 99% in 1 day or something like this.
2- Since the only people left is dumb money, well it's not even dumb money at that point, it's beyond... These baggies are NEVER going to sell. They will hold the bag to ZERO and beyond! So, since no one is interested in selling, any small demand can push the price up massively. Hundreds of percents.
3- Obviously, the massive returns for small accounts (even small accounts should risk a small % thought).
4- You do not have to worry about "wall street" competition for 2 reasons: First, the liquidity is often too small for them, Secondly and more importantly, there is no way anyone serious will be bullish on companies (or something else) like this, AND if a trader goes to a metting and tells people "Oh ye guys I am very bearish on this but I am going long today because reasons idk I just feel like it" and ends up taking a loss, this is a sackable offense and good luck finding another job (and maybe get a punch in the face too :p).
5- You do not have to worry about taking advantage of baggies false hopes and misery, these people are complete morons and you stepping in will not make them lose more money. Consider you increase their buy price by 20%. They are going then to buy a little higher and lose 100%. If you do not interfere they would buy lower and lose 100% of that... Literally makes 0 difference.
6- No risk of short squeeze like people shorting penny stocks...
7- You will have good laughs. I CRIED looking at this today and seeing the price remained at that 0.10$ level more than 10 years later, I swear I am not making this up.
Strong hands! They did not sell! Just a matter of time before this recovers now!
The bads:
1- Risky business of course... Be prepared to lose 100%. Obviously this is easilly countered by not going all in like a madman. You risk 100% of what you put in, but since it goes up hundreds of percent, your RR is high with a "stop loss" at 0.
2- You must make sure you do not overstay your welcome! So one must be good at knowing what people in this think (not much ;}), and understanding how momentum works.
3- Small. Very niche. Does not scale.
4- You would be a complete Vulture.
I do not trade this myself, I already watch plenty of markets and have 3 strategies (they all use the same tools and are similar but still that's alot), I can't add yet another...
So I do not know exactly how that will work, for those interested, play around with it see how you can do this. But from what I looked at and from what I heard, this works well. This is different from the penny stock educator scammers that go short after pumps.
Here for example on HMNY that made every one laugh last year:
Here, after dropping from 500$ to a few cents, Bitconnect did the same thing, as idiots bought, thinking "wow this is so cheap, what if it goes back to 500$ +1 million % returns". And what if your lottery tickets is a winner?
charts.cointrader.pro
AIG example:
A few more:
There should still be plenty of opportunities in crypto for the years to come because like it or not, crypto is full of idiots.
The SMA cross strategy In this educational idea I’ll cover the SMA cross strategy. I’ll will cover how it works, what my peripheral values are and how it can work for you.
The Simple moving averages cross strategy is a strategy where you buy something on a buy-signal of the indicator and sell it on a target, for example if you had 5% profit.
What is a moving average? A moving average is an indicator which helps you smooth out “noise” in a graph. The indicator is based on a formula you can find the formula below. You can add values to the indicator, let’s say you want a MA of 9 candles you just add a value of 9. You usually use more than one MA, I prefer using a 7 candle MA and a 25 candle MA. The thing I like on moving averages is that you can use them in any time frame.
What is a buy signal? A buy signal is created when the long moving averages (in my case the 25 candle MA) gets underneath the short one (in my case the 7 candle MA). When that happens a buy signal is created. When the opposite occurs it’s a sell order.
How to determine a target. Your goal is to make money, but how can you make as much money as possible with this strategy. You have to determine a goal, so an exit-position. Your exit-position is the hardest thing of this strategy, but you can use an average of what happened before. If the average of positive “breakouts” is for example 5% profit you can use 5% profit as target.
How to use a SMA strategy to make you money. Not all the SMA crosses will lead to profit, most of them are even false “breakouts”. So before you buy something on a buy-signal you have to wait a few seconds and watch what the price will do, when it goes up you buy, when it does nothing of goes down you do nothing. If you want to make money using this strategy you have to set a stop-loss, I recommend to always set a stop-loss not only for this strategy. You can keep your stop-loss really close to your buy order.
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Litecoin 20% Pump - What Now ? LTC/BTC Market OverviewHi guys, I wanted to study the Litecoin chart, because I think it's a really interesting coin to trade.
I will once again use my Bands Indicator , and will update later if I find any other good TA.
Previous analysis for Bitcoin here and for Ethereum here .
So let's dive into the High Timeframes :
4H
Trend is bullish for now. I don't see any bear signal yet. Price corrected a little after the pump, but the bears show a strong support.
2H
After the Bull Run, price managed to keep at this level, and is preparing maybe another move up.
1H
On the one hour chart, we get more details though. Price is narrowing and the short term trend is bearish. We will simply wait until price breaks through the upper or lower band to enter a trade.
Low Timeframes & DayTrade
15M
Here is the 15 minutes chart. Trend is going sideway but with a nice volatility that allow day traders to make nice profits.
5M
We finish with the 5 minutes chart. Here too some nice opportunities with some sideways action, today's trend was rather bullish with this huge candle at 4 pm.
Note: configuration on chart has been optimised for each timeframe. You can use it for your strategy.
Backtest for the for 4H strategy is shown below. I also did the backtest for the other timeframes.
You can get the Bands Pro Trader Indicator on my website .
Thanks for reading. I will appreciate your analysis too !
Week in Review: Hidden GemHonorable Mentions
Some very nice work has been done this week again by the Pine community. Shout out to Covax for publishing an attractive "Bitfinex Sentiment Index", beautifully rendering longs and shorts with some creative code; mortdiggidy's "Fisher Transform MTF" includes a unique function for the MTF Fisher, which, if I'm reading it right, solves the upper timeframe repainting that's oft associated with studies; and "Relative Derivative" by byteboi is a simple modification of the RoC that's comparable across assets and smoothed with an SMA.
Dr. Do-a-lot
A scripter that some, but not enough, users of TradingView will be familiar with is RafaelZioni. He's been a user for ten months and in that time he's amassed a huge library. RafaelZioni's strengths can be seen in the details of his work and as such his broader body of work may go underappreciated, but it's worth venturing deep into some of his work if you want to learn tricks-of-the-trade. His most recent work, and the script that will be highlighted this week, is "zigzag%".
Zig-Zags in the Bag
A very famous and useful scripter by the name of RicardoSantos has published a slew of scripts for realising zig-zags on the chart, so what make this one special?
Well, for a start (and as far as I can tell), the zig-zag paints in real-time and with no lag. It can also use upper timeframe data with (as per description) no repaint. But that's not where the value lies in this script.
A problem with Pine is that we can't realise some strategy functions in studies. TradingView doesn't accommodate for this and we need to think out of the box in order to achieve fidelity. So if you look carefully in this script you'll see that RafaelZioni has done just that. We can set the backtest date, set the take-profit levels, stop-loss levels and more. For anyone who's trying to turn their strategies into studies so that they can get alerts for each action, look here for some great insight.
The script is actually an implementation of a trading strategy too. Here's an example of some results you can get.
What Else is in the Bag?
It's a jungle out there, but there's treasure deep in the dark. I advise everyone to get down and dirty with RafaelZioni's scripts. There's a very RicardoSantos-feel from his ideas and I expect that they're only going to get more creative in the future.
His "Bollinger ratio" was included in the honorable mentions list last week and is a creative way of merging Bollinger Bands with the MACD.
The eloquently named "net volume of positive and negative volume buy and sell alert" is also a fantastic way to view volume, and it comes with buy and sell alerts.
Want to learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Honorable Mentions
RafaelZioni: www.tradingview.com
Covax: www.tradingview.com
mortdiggidy: www.tradingview.com
byteboi: www.tradingview.com