This indicator is based on the "Vegas Tunnel" system from FTMO, please check out their site here for some good documentation: ftmo.com I give FTMO full credit for this indicator, all I did here was make it easy to throw it up on a chart. Personally, I've had some success trading with this method. I encourage doing some back and forward testing to see if it is...
This indicator can plot vegas channel and EMA20. You can choose which time frame of the channels to display and also which channel to display, it can only show one channel and also two or three at the same time.
Plot several EMA with only one script. Default EMA: 20、50、100、200. All of these are adjustable. Also, Vegas tunnel and filter line can be presented or not according to your needs.
1. Vegas channel The Vegas channel indicator is very effective as a short, medium and long-term trend observation indicator, and it has obvious support and resistance functions. 2. EMA200+MA200 Usually ema200 or ma200 is used as a watershed for fund institutions to evaluate the long-short trend of a stock trend. 3. Big volume box Big volume is often used as a...
Pulu's Moving Averages This script allows you to customize sets of moving averages. It is configured default as 3 Vegas tunnels + an MA12. You can re-configure it for any of your moving average studies. At the first release, it supports up to 7 moving averages, many parameters, and eight types of algorithms: ALMA, Arnaud Legoux Moving Average EMA, Exponential...
Hello all. This is a simply indicator to be used in conjunction with my Vegas tunnel script. The histogram indicates the change in the distance between the 2 moving averages that make up the Vegas tunnel. When the histogram starts to fall or rise, it means that momentum is changing and can be an early warning signal to watch out for what Vegas describes as...
Hi all, This is the first step in putting together a more comprehensive suite of indicators and strategies based around the original Vegas tunnel method. You will need to know what that is before trying to use this indicator. I would implore you to take the time to read the document. It's free to the universe and is a very valuable piece of work in my...
Hi all, This is the first step in putting together a more comprehensive suite of indicators and strategies based around the original Vegas tunnel method. You will need to know what that is before trying to use this indicator. I would implore you to take the time to read the document. It's free to the universe and is a very valuable piece of work in my...
Adding another two EMA 288 338 to the classical Vegas Tunnel, which helps traders identify the relationship between major trend and moderate trend. When the space between two tunnel narrows down, it indicates the changing of the trend and potential reverse of the price. Double Tunnel offsets the limitations of Original Vegas Tunnel. Traders can corporate other...
1.VEGAS 隧道交易法,是经典的趋势交易方法,其中核心就是ema144 ema169,也就是我图中的绿色中级隧道,价格上穿 ema144-169形成的隧道,容易形成上涨趋势,价格下穿ema144-169形成的隧道,容易形成下跌趋势,但是为了过滤一些杂波信息,我们用EBBI指标去过滤杂波,EBBI上穿 ema144-169形成的隧道,容易形成更稳健的上涨趋势,EBBI下穿 ema144-169形成的隧道,容易形成更稳健的下跌趋势,在数字货币交易中,单纯看盘的话,我建议1h周期,4h周期都可以用来判断趋势。其他市场需要结合合适的周期; 2.额外增加了boll,多周期sma,供需要的朋友使用; 1. VEGAS tunnel trading method is a classic trend trading...
Simple Vegas Wave implementation, all 3 EMA's in one indicator for those of you with indicator limitations :D
Step 1: Create a 1 hour chart on whatever currency pairs interest. I personally use MT4 platform on Oanda to follow my trades. Overlay 3 time periods: 169 EMA, 144 EMA and a 12 period EMA ( all 1 hour.) The 144 and 169 EMA’s create the tunnel. The 12 EMA is the filter and crossover indicator. Step 2. Fibonacci numbers are very crucial to trading with the tunnel...
Automatic Fibonacci retracement entry, stop loss and extension target level as apart of a customisable strategy. Automatic plots of 23.6% 38.2%, 50%, 61.8%, 65%, 78.6% and -23.6, -61.8% and -100% levels. Customisable Fib Length - Time period over which max and min pivots are chosen. Customisable Offsetfib - Offsets the pivots and sell zone as your entry...
The bronze edition of my code will be the most basic of a series of Vegas Wave codes which I will publish. EMA 144, 169, 233 Vegas Tunnel - Highlights the price band between the 144 and 169 EMA. Identifies support and resistance areas Target price bounces and aid identifying EW counts. Wave 2 retrace through the waves. Wave 4 bounce off Vegas Tunnel for...