Get started

Moving

Multiple MA (techsound088)Common moving addresses often act as support and resistance levels. This script will incorporate four (2 exponential and 2 simple ) moving averages. The default are lengths of 8, 20, 50, and 200. These are adjustable. Many of us are aware that these areas often tend to be supply / demands zones. We are also aware that movement around these areas can fluctuate greatly so I've included ATR-based bands around the moving averages hoping to visualize these moving averages in a less rigid and more realistic way. Feel free to modify this script as you please. Constructive feedback is always appreciated.
Pine Script™ indicator
by techsound088
Edge of MomentumThe script was designed for the purpose of catching the rocket portion of a move (the edge of momentum). Long --When RSI closes over 60, take long order 1 tick above that bar. The closed bar above RSI 60 will be colored "green" or whatever color the user chooses. (RSI > 60) --On a long position, exit will be a closed bar below the ema (low, 10) . The closed bar below the ema will be colored "yellow." (Price < ema) --Note: On a long position there is no need to exit when a closed bar is colored "purple." RSI is just below 60 but above 40. Pullback or chop Short --When RSI closes below 40, take a short order 1 tick below that bar. The closed bar below RSI 40 will be colored "red." RSI<40) --On a short position, exit will be a closed bar above the ema (low, 10). The closed bar above the ema will be colored "purple." (Price > ema) --Note: On a short position there is no need to exit when a closed bar is colored "yellow." Note: You may see a series of purple and yellow bars, that is simply chop. I define chop as RSI moving between 60 and 40. Trade should only be taken above green colored candle(long) and below red colored candle (short). No position should be taken off yellow or purple candle (chop) Again this is designed to catch the momentum part of a move, and to help reduce some entries during chop. It is a simple systems that beginning traders can use and profit from. Note: I don't no shit about coding scripts I just learn from reading others. Enjoy. If you decide to use please drop me a line...suggestions/comments, etc. Best of luck in all you do.
Pine Script™ indicator
by NYBKLYN
9
Ehlers FilterThis is the Adaptive Ehlers Filter. I had to unroll the for loops and array because TV is missing crucial data structures and data conversions (Arrays and series to integer conversion for values). I'm in the process of releasing some scripts. This is a very old script I had. This contains volatility ranges and can be used as trading signals. You can also see how the EF moves up or down, the direction, when price is sideways, and use price breaks up and down as signals from the line. Have fun, because I didn't making this script hahaha NOTE : There is an issue with the script where at certain time frames it positions itself below or above. I think its due to calculations. If anyone knows the fix before I get the chance to take a look at it, please let me know. books.google.com
Pine Script™ indicator
by anoojpatel
Moving average cloud strategyHi folks! Here a script uses the moving average cloud. A sma (50, aqua) and a sma (200, olive) are plotted on the cart. When both sma go up the cloud is green. When both sma go down the cloud is red. When sma (200, olive) goes down and sma (50, aqua) goes up the cloud is orange. When sma (200, olive) goes up and sma (50, aqua) goes down the cloud is lime. There three entry points in this strategy. Long Aggressive: When the cloud turns orange and price closes above the sma (200). Neutral: When the both sma make the golden cross. Cautious: When the cloud is green and price closes sma (200) after searching for support. So not when there's a great distance between them. In case you missed the entry point you can jump in when price CLOSES above sma (50). So after it searched for support on that line. The cloud has to be green at that moment. Short Aggressive: When the cloud turns lime and price CLOSES below the sma (200). Neutral: When the both sma make the death cross. Cautious: When the cloud is green and price is above the sma (200). In case you missed the entry point you can jump in when price CLOSES above sma (50). So after it searched for support on that line. There are also two exit points in this strategy. Cautious: When price closes on the other side of the sma (50). Neutral: When the cloud changes color. Aggressive: When price closes on the other side of the sma (200). There's always the opportunity that the price searches for support at the sma (200) line and goes from that moment in the direction you want. Don't wait for the cross of the both sma. Very usually you give a huge part of your profit away at that point. Remember: Above the cloud is bullish area, never go short there. Below the cloud is bearish area, never go long there. Remember 2: When the clouds changes rapidly from color we're not in a trend. The sma (200) will be almost flat at those situations. It's a sign not to go into a trade since the market doesn't know in which direction it will go.
Pine Script™ indicator
by tradermikey
1