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Crossover

MACD Crossover Trend IndicatorThis is a very simple " the trend is your friend " indicator - if you are consistent! How this indicator works: This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend. UP-TREND: If the price is above the EMA200, the MACD is below 0 and crosses up the signal line, then this is a BUY signal! DOWN-TREND: If the price is below the EMA200, MACD is above 0 and crosses down the signal line, then this is a SELL signal! You can also add an alert, that keeps you informed, once one of these scenario happens for a certain pair! With this indicator you will never enter against the trend. Have fun! :)
Pine Script™ indicator
by mastixmc
13
MACD Crossover Trend IndicatorHow this indicator works: This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend. UP-TREND: If the MACD is below 0 and crosses up the signal line, then this is a BUY signal! DOWN-TREND: If the MACD is above 0 and crosses down the signal line, then this is a SELL signal! How to trade this: First rule: Be consistent! Second rule: You will have lost trades and losing streaks - deal with it! First set the SL slightly below the last significant low (eventually add/subtract the ATR value to/from it) Then adjust the TP and ALWAYS use a RR ratio of 1.5. NEVER get out of the trade earlier Take every possible trade! Important: Money management is key... so be consistent! Have fun! :)
Pine Script™ indicator
by mastixmc
4
[PX] External LevelHello everyone, today I'd like to share a script, which enables you to use external logic to plot levels on your chart. How does it work? The concept is based on two scripts. One script, which uses an external input as a trigger to print a new level and one script that calculates an output, which will be fetched. Sounds complicated? It really is not! Let's take a closer look. // This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © paaax //@version=4 study("RSI OS/OB") l = input(14, "RSI Length") ob = input(70, "Overbought") os = input(30, "Oversold") r = rsi(close, l) hline(ob) hline(os) plot(r, "RSI", color=color.orange) // The following plot produces an output, which will be fetched the "External Level"-script. // It evaluates to one of the following three values: 1.0, -1.0 or 0.0 plot(crossover(r, ob) ? 1.0 : crossunder(r, os) ? -1.0 : 0.0, "Output", transp=100) The example script above uses an RSI and two threshold levels (70 and 30). The logic here is, that whenever the RSI is crossing down the lower threshold or crossing up the upper threshold we'd consider the current movement to be either oversold or overbought. Therefore, it's a point of interest, which we could visualize with a level. The script creates an output when the crossover or crossunder of a threshold happens. A crossover would result in a value of 1.0, a crossunder in a value of -1.0. In all other cases the value would be 0.0. The output of the RSI script would then be used as an input of the External Level script, which has a "Source"-parameter in its input-section. If the fetched input shows 1.0, then the script prints a resistance level. If it shows -1.0 a support level will be printed. And that's basically it. A very simple approach to print levels on your chart with an infinite number of use cases. For example, you could use fetch outputs from a MACD script, MA script, outputs based on volume or price movement. Just remember the output has to evaluate to either 1.0 or -1.0 and has to be selected in the input-section. Hope that might be useful to some of you :) Please click the "Like"-button and follow me for future open-source script publications. If you are looking for help with your custom PineScript development, don't hesitate to contact me directly here on Tradingview or through the link in my signature :)
Editors' picks
Pine Script™ indicator
by paaax
53
MultiType Shifting Predictive Moving Averages (MA) CrossoverJust 2 Moving Averages with adjustable settings and shifting capability, plus signals and predicting continuations. At the time of publish these different types of MAs are supported: - SMA (Simple) - EMA (Exponential) - DEMA (Double Exponential) - TEMA (Triple Exponential) - RMA (Adjusted Exponential) - WMA (Weighted) - VWMA (Volume Weighted) - SWMA (Symmetrically Weighted) - HMA (Hull) I'm looking forward to any idea about filtering the signals. Thanks.
Pine Script™ indicator
by informanerd
26
EMA Crossover StrategyEMA Crossover Strategy This strategy will enter a long trade when the 21 EMA crosses over the 55 EMA and both EMAs and the close price are above the 200 EMA (long-term trend). It will enter a short trade when the 21 EMA crosses under the 55 EMA and both EMAs and the close price are below the 200 EMA. It will exit a long trade when the RSI crosses under from overbought and indicates that the uptrend could be coming to an end. It will exit a short trade when the RSI crosses over from oversold and indicates that the downtrend could be coming to an end. Backtesting shows that it works best on: 30 MIN: SYMBOL - PROFIT FACTOR AUDCAD - 1.126 EURJPY - 1.12 EURNZD - 1.04 EURUSD - 1.65 GBPAUD - 1.27 USDCAD - 1.08 1 HR: SYMBOL - PROFIT FACTOR CADJPY- 1.23 EURNZD- 1.166 GBPJPY- 1.23 GBPUSD- 1.282 NZDJPY- 1.246 USDCHF- 1.344 3 HR: SYMBOL - PROFIT FACTOR CADCHF- 1.975 EURGBP- 1.776 EURNZD- 1.911 GBPAUD- 1.364 GBPCHF- 1.311 USDJPY- 1.162 XAUUSD - 2.00 As always, this strategy does not guarantee you to achieve profits and you should always use confirmations before entering a trade.
Pine Script™ strategy
by UnknownUnicorn8106969
5
Donchian Channel CloudsFor this indicator, I got inspired by this paragraph in an article on Investopedia: "Donchian channels also make natural partners with another moving average indicator for a crossover strategy. The Donchian moving average middle line is likely to form the short-term average in these situations, although some have used a 20-day Donchian channel in conjunction with a five- or 10-day channel to exit a position before a consolidation eats into short-term profits." The default is a 20-period Donchian channel with the middle line from a 10-period channel superimposed on it. Red for 20, green for 10. When 10 is over 20, the cloud between them is green; the cloud is red when 20 is over 10.
Pine Script™ indicator
by stvch
Combo Backtest 123 Reversal & EMA & MA Crossover This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The Moving Average Crossover trading strategy is possibly the most popular trading strategy in the world of trading. First of them were written in the middle of XX century, when commodities trading strategies became popular. This strategy is a good example of so-called traditional strategies. Traditional strategies are always long or short. That means they are never out of the market. The concept of having a strategy that is always long or short may be scary, particularly in today’s market where you don’t know what is going to happen as far as risk on any one market. But a lot of traders believe that the concept is still valid, especially for those of traders who do their own research or their own discretionary trading. This version uses crossover of moving average and its exponential moving average. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
4
Moving Averages Convergence (Agulhada do Didi)The script is based on a strategy developed by Odir “Didi” Aguiar called “Agulhada do Didi”. It consists in the use of 3 moving averages: SMA 3 SMA 8 SMA 21 Strategy: When the averages come together, preferably they pass through a candle, there is a signal. The crossing of the short average (3) with the long average (21) provides us with a confirma-tion of the entry. Buy: The average of 3 periods comes out on top, 8 goes in the middle and 21 goes down. Sell: Average of 21 periods comes out on top, 8 in the middle and 3 down.
Pine Script™ indicator
by LucasZancheta
2
McGinley Dynamic Indicator This is a strategy based on the Mcginley Dynamic Moving Average indicator, a type of moving average that was designed to track the market better than existing moving average indicators. It is a technical indicator that improves upon moving average lines by adjusting for shifts in market speed. Moving averages used: EMA: 21 EMA: 42 The chart used for the backtest was the Bovespa Futures Index ( WIN1! Continuous: current contract in front )
Pine Script™ strategy
by LucasZancheta
Volume Moving Average - evoThis script shows regular volume bars with two separate moving averages using only bullish and only bearish candles. The moving average uses the last known value of its calculation. Using the Heikin Ashi function will smooth the colors and moving averages (good for trends): The crossovers are a good way to see what the dominant direction of a trend is, if you test them on your time frame and instrument they might be good to trade on their own, I have not tested this and the default settings are not tuned for that. As always, let me know if you like it or found a good way to use it :)
Pine Script™ indicator
by EvoCrypto
2
powerful moving average crossoverThis script is a simplified version of John Ehlers's adaption of Dr. Kalman's optimum estimator as applied to price action (More can be found on this here: www.dimensionetrading.com). Here I have adapted two of these optimum estimators to work together to provide crossover signals. The user can choose the input of this filter in the 'input source'. The 'Ratio of Uncertainties' controls how adaptive the moving averages are, increasing this number will increase adaptivity and vice versa for decreasing. The 'Kalman Gain' allows the user to choose how much error to let into the calculation. The smaller this number is the quicker the moving average will approach price action. In practice this indicator is much smoother than most other moving averages and has significantly less whiplash while still getting very early entries. If anyone wants to adapt this script for their own uses please feel free. Message me what you make with it, I am very curious what this can do when in the right hands! Happy trading!
Pine Script™ indicator
by mcbw_
19
Fancy Triple Moving Averages [BigBitsIO]This script is for three moving averages with as many features as I can possibly fit into a single moving average. Features: - Three moving averages (MA1, MA2, MA3). - Standard MA inputs. - MA type. - MA period. - MA price. - MA resolution (time frame). - Visibility toggle. - MA Candle Type - Fancy MA inputs. - Toggle to show only candles included in the MA calculation ("Highlight inclusion") or display entire MA history. - Toggle to show a ghost trail when Highlight inclusion is toggled on. Displays a shaded version of past MA history before the inclusion period (as seen on snapshot). - Toggle to show forecast values for the MA. - Other inputs related to forecasting: - Forecast bias. (Neutral forecasts MA if the current price remains the same.) - Forecast period. - Forecast magnitude. *** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
Editors' picks
Pine Script™ indicator
by BigBitsIO
12
ScalpyScalpy is made up of a 2 main parts. - The cloud comprising of a 10 period SMA and a 30 period SMA. - When the cloud is green you should be looking for long entries. - When the cloud is red you should be looking for short entries. - Price is most bullish above a green cloud and most bearish below a red cloud. - Being within the cloud indicates indecision. The blue and white lines on the indicator show the relationship between price and momentum. They can be used to spot reversals in two ways: - The first is a divergence between price (blue line) and RSI (white line) - If the price makes a lower low but the RSI makes a higher low this shows the trend is weakening and may be reversing soon (as can be seen by the two yellow lines on the chart). The second is a simple crossover: - When the white line crosses the blue line to the upside this signals a long entry. - When the white line crosses the blue line to the downside this signals a short entry.
Pine Script™ indicator
by kaaiii
10
Smoothed Triple EMAThis indicator is exactly as it sounds, a smoothed triple EMA . In my personal use, it is applied to strategies to indicate direction of entries. A simple example would be if price is above the STEMA, look for long entries, if price is below the STEMA, look for short entries. Shortly, I will share a strategy that makes use of this indicator. You are welcome to message me if you have any questions. Thanks for checking it out an may the probabilities be with you!
Pine Script™ indicator
by aFastHero
3
Uhl MA System - Strategy AnalysisThe Uhl MA crossover system was specifically designed to provide an adaptive MA crossover system that didn't committed the same errors of more classical MA systems. This crossover system is based on a fast and a slow moving average, with the slow moving average being the corrected moving average (CMA) originally proposed by Andreas Uhl, and the fast moving average being the corrected trend step (CTS) which is also based on the corrected moving average design. For more information see : In this post, the performances of this system are analyzed on various markets. Setup And Rules The analysis is solely based on the indicator signals, therefore no spread is applied. Constant position sizing is used. The strategy will be backtested on the 15 minute time-frame. The mult setting is discarded, the default setting used for length is 100. Here are the rules of our strategy : long: CTS crossover CMA short: CTS crossunder CMA Results And Data EURUSD: Net Profit: $ 0.08 Total number of trades: 99 Profitability: 35.35 % Profit Factor: 1.834 Max Drawdown: $ 0.01 EURUSD behaved pretty well, and was most of time showing long term trends without exhibiting particularly tricky structures, the moving averages still did cross during ranging phases, since march 9 we can see a downtrend with more pronounced cyclical variations (retracements) that could potentially lead to loosing trades. BTCUSD: Net Profit: $ 4371.57 Total number of trades: 94 Profitability: 32.98 % Profit Factor: 1.749 Max Drawdown: $ 1409.96 The strategy didn't started well, producing its largest drawdown after only a few trades, the strategy still managed to recover. BTCUSD exhibited a strong downtrend, the strategy profited from that to recover, signals still occurred on ranging phases, and where mostly caused by a short term volatile move, unfortunately the CMA can converge toward ranging/flat price zones where false signals might occur at higher frequency. AMD: Net Profit: $ 16.09 Total number of trades: 95 Profitability: 29.47 % Profit Factor: 1.288 Max Drawdown: $ 20.11 On AMD the strategy started relatively well with a raising balance, then the balance quickly fallen, this downtrend in the balance lasted quite some time (almost 48 trades), the strategy finally recovered in Nov 2019 and the balance made a new highest high at the end of February. AMD had numerous trends during the backtesting period, yet results are poor. AAPL: Net Profit: $ -28.17 Total number of trades: 89 Profitability: 28.09 % Profit Factor: 0.894 Max Drawdown: $ 63.21 AAPL show the poorest results so far, with a stationary balance around the initial capital (in short the evolution of the balance is not showing any particular trend and oscillate around the initial capital value). AAPL had some significant retracements in its up-trend, which triggered some trades (of course), and the ranging period from Jan 24 to Feb 13 heavily damaged the strategy performance, generating 6 significant loosing trades. AAPL show the worst results so far, mostly due by ranging phases. Conclusions The Uhl MA crossover system strategy has been tested and based on the results don't show particularly interesting performances, and might even be outperformed by simpler MA systems that prove to be more robust against ranging markets. The total number of executed trades are on average 94, and the profitability is on average 31%. The strategy might prove more interesting if we can correct the behavior of the CMA, who sometimes converged toward ranging/flat markets.
Pine Script™ strategy
by alexgrover
7
ALMA Crossover [FXPDM] I created this new version of EMA crossing by replacing it with ALMA, Please take into consideration that the cross signal may occur during the candle. I advise waiting until the candle is close. I used EMA crossing signals to adapt this code and turn it into an ( Arnaud Legoux Moving Average) ALMA Cross. I expect it to bring a better signal that an EMA cross, let me know your comments and use under your own risk. this is just an experimental idea. Long: Get into a long trade when the short moving average crosses up the long moving average. Short: Get into a short trade when the short moving average crosses down the long moving average. I recommend using it alongside a volume indicator to avoid sideways trends. Exit at your own convenience or when the trend direction changes. I recommend using it in 4H and 1D charts.
Pine Script™ indicator
by FXPDM
4
Price CrossoverThe price crossing above or below the moving average signals a potential change in trend. When the price crosses above the moving average, it is bullish, the color of the zone between the price and the MA is green, a green up arrow emphasizes the crossover. And when it crosses below the moving average, it is bearish, the color of the zone between the price and the MA is red, a red down arrow emphasizes the crossover. Trend changes are then easier to spot.
Pine Script™ indicator
by nanopowered
12