Get started

Algotrading

Volatility Finite Volume Elements Strategy The FVE is a pure volume indicator. Unlike most of the other indicators (except OBV), price change doesn?t come into the equation for the FVE (price is not multiplied by volume), but is only used to determine whether money is flowing in or out of the stock. This is contrary to the current trend in the design of modern money flow indicators. The author decided against a price-volume indicator for the following reasons: - A pure volume indicator has more power to contradict. - The number of buyers or sellers (which is assessed by volume) will be the same, regardless of the price fluctuation. - Price-volume indicators tend to spike excessively at breakouts or breakdowns. This study is an addition to FVE indicator. Indicator plots different-coloured volume bars depending on volatility. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not
Pine Script™ strategy
by HPotter
Volatility Finite Volume Elements Backtest This version has an important enhancement to the previous one that`s especially useful with intraday minute charts. Due to the volatility had not been taken into account to avoid the extra complication in the formula, the previous formula has some drawbacks: The main drawback is that the constant cutoff coefficient will overestimate price changes in minute charts and underestimate corresponding changes in weekly or monthly charts. And now the indicator uses adaptive cutoff coefficient which will adjust to all time frames automatically. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
Hidden Gap`s VSA Volume If Volume is less then the previous 20 intervals, Volume is gray. If Volume is greater then the previous 40 intervals, Volume is black. If Volume is less then the previous 2 intervals, Volume is purple. If Volume is less then the previous, Volume is red. If Volume is greater then the previous, Volume is blue. Other - white. You can add on the indicator a 2.5 Standart Deviation of a 20 period Bollinger Band Shifted 3 periods forward. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
6
Arms Index (TRIN) Backtest The Arms index (TRIN) is a technical analysis indicator that compares advancing and declining stock issues and trading volume as an indicator of overall market sentiment. It measures the relationship between market supply and demand and is used as a predictor of future price movements in the market, primarily on an intraday basis. The Arms index seeks to provide a more dynamic explanation of overall movements in the composite value of stock exchanges, such as the NYSE or NASDAQ, by analyzing the strength and breadth of these movements. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
3
Advance-Decline Volume Percent Backtest Advance-Decline Volume Percent (AD Volume Percent) is a breadth indicator that measures the percentage of Net Advancing Volume for a particular group of stocks, such as an index or ETF. Net Advancing Volume equals the volume of advances less the volume of declines. AD Volume Percent equals Net Advancing Volume divided by total volume for the group. AD Volume Percent fluctuates between -100% and +100%. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading
Pine Script™ strategy
by HPotter
Accelerator Oscillator (AC) Backtest The Accelerator Oscillator has been developed by Bill Williams as the development of the Awesome Oscillator. It represents the difference between the Awesome Oscillator and the 5-period moving average, and as such it shows the speed of change of the Awesome Oscillator, which can be useful to find trend reversals before the Awesome Oscillator does. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading
Pine Script™ strategy
by HPotter
Absolute Price Oscillator (APO) Backtest The Absolute Price Oscillator displays the difference between two exponential moving averages of a security's price and is expressed as an absolute value. How this indicator works APO crossing above zero is considered bullish, while crossing below zero is bearish. A positive indicator value indicates an upward movement, while negative readings signal a downward trend. Divergences form when a new high or low in price is not confirmed by the Absolute Price Oscillator (APO). A bullish divergence forms when price make a lower low, but the APO forms a higher low. This indicates less downward momentum that could foreshadow a bullish reversal. A bearish divergence forms when price makes a higher high, but the APO forms a lower high. This shows less upward momentum that could foreshadow a bearish reversal. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
3
Recursive Moving Trend Average Taken from an article "The Yen Recused" in the December 1998 issue of TASC, written by Dennis Meyers. He describes the Recursive MA in mathematical terms as "recursive polynomial fit, a technique that uses a small number of past values of the estimated price and today's price to predict tomorrows price." Red bars color - short position. Green is long. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
Dynamo Strategy Backtest In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and then subtracting that value from the oscillator midpoint. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading
Pine Script™ strategy
by HPotter
2
Detrended Price Oscillator Strategy Backtest The Detrend Price Osc indicator is similar to a moving average, in that it filters out trends in prices to more easily identify cycles. The indicator is an attempt to define cycles in a trend by drawing a moving average as a horizontal straight line and placing prices along the line according to their relation to a moving average. It provides a means of identifying underlying cycles not apparent when the moving average is viewed within a price chart. Cycles of a longer duration than the Length (number of bars used to calculate the Detrend Price Osc) are effectively filtered or removed by the oscillator. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
Directional Trend Index (DTI) This technique was described by William Blau in his book "Momentum, Direction and Divergence" (1995). His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the relationship between price and momentum in step-by-step examples. From this grounding, he then looks at the deficiencies in other oscillators and introduces some innovative techniques, including a fresh twist on Stochastics. On directional issues, he analyzes the intricacies of ADX and offers a unique approach to help define trending and non-trending periods. Directional Trend Index is an indicator similar to DM+ developed by Welles Wilder. The DM+ (a part of Directional Movement System which includes both DM+ and DM- indicators) indicator helps determine if a security is "trending." William Blau added to it a zeroline, relative to which the indicator is deemed positive or negative. A stable uptrend is a period when the DTI value is positive and rising, a downtrend when it is negative and falling. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading
Pine Script™ strategy
by HPotter
2
D_Three Ten Osc Strategy Backtest This indicator allows the user to plot a daily 3-10 Oscillator on a Tick Bar Chart or any intraday interval. Walter Bressert's 3-10 Oscillator is a detrending oscillator derived from subtracting a 10 day moving average from a 3 day moving average. The second plot is an 16 day simple moving average of the 3-10 Oscillator. The 16 period moving average is the slow line and the 3/10 oscillator is the fast line. For more information on the 3-10 Oscillator see Walter Bressert's book "The Power of Oscillator/Cycle Combinations" You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
4
D_ELI (Ehlers Leading Indicator) Strategy Backtest This Indicator plots a single Daily DSP (Detrended Synthetic Price) and a Daily ELI (Ehlers Leading Indicator) using intraday data. Detrended Synthetic Price is a function that is in phase with the dominant cycle of real price data. This one is computed by subtracting a 3 pole Butterworth filter from a 2 Pole Butterworth filter. Ehlers Leading Indicator gives an advanced indication of a cyclic turning point. It is computed by subtracting the simple moving average of the detrended synthetic price from the detrended synthetic price. Buy and Sell signals arise when the ELI indicator crosses over or under the detrended synthetic price. See "MESA and Trading Market Cycles" by John Ehlers pages 64 - 70. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading
Pine Script™ strategy
by HPotter
9
D_DSP (Detrended Synthetic Price) Strategy 2 Backtest Detrended Synthetic Price is a function that is in phase with the dominant cycle of real price data. This DSP is computed by subtracting a half-cycle exponential moving average (EMA) from the quarter cycle exponential moving average. See "MESA and Trading Market Cycles" by John Ehlers pages 64 - 70. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter
10
Confluence Strategy Backtest This is modified version of Dale Legan's "Confluence" indicator written by Gary Fritz. ================================================================ Here is Gary`s commentary: Since the Confluence indicator returned several "states" (bull, bear, grey, and zero), he modified the return value a bit: -9 to -1 = Bearish -0.9 to 0.9 = "grey" (and zero) 1 to 9 = Bullish The "grey" range corresponds to the "grey" values plotted by Dale's indicator, but they're divided by 10. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Pine Script™ strategy
by HPotter