Comparative Relative Strength Strategy Backtest Comparative Relative Strength Strategy for ES
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
ES
B3 Fibonacci Pivot S/RFor my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and Len=3or5 and use on hourly charts. This indicator is capable of doing like a Res=60m Len=8 for a 5m chart or something of that nature if you wish to test it out.
I haven't tested it out for tick charts and I have noticed that this is good on index and commodity futures, and not so much other things.
Uncanny to me how well this works as reversal awareness for ES. Doesn't mean that one will happen, or if it does that it will have trade-able juice, though it is very important awareness never-the-less.
screencast.com
TICKv2USI:TICK
FX:SPX500
CME_MINI:ES1!
High/Low/Close/SMA of $TICK
Changes:
editable SMA lenght of HL/2 instead of ema of ohlc4. (green line)
added close (yelllow).
added 4 more editable lines.
