This strategy uses crossover of Exponentially Deviating Moving Average (MZ EDMA ) along with Exponential Moving Average for trades entry/exits. Exponentially Deviating Moving Average (MZ EDMA ) is derived from Exponential Moving Average to predict better exit in top reversal case. EDMA Philosophy EDMA is calculated in following steps: In first step,...
Dear Traders, Trendlines are the one particular word ever trader would definitely know what it is. But the way it gets applied on to the chart is the one thing which needs to debated on. Traders definitely love to trade Trendline breaks like the way I do. When it comes to Trendlines , we generally categorize them based on the Major Trendline and Minor Trendline,...
Hi everyone! In this post I would like to present my personal indicator for short-term strategies on cryptocurrencies called iCryptoScalper , but let me first introduce myself: I am a theoretical physicist with a deep passion for trading and mathematical modelling of the financial markets. I started trading cryptocurrencies more than 4 years ago and,...
Target Area to help me with my target area for visual reference Imbalance Identifier - Helps me to see where the trade may come back to EMA on 1 Minute Time frame for helping to identify Direction to take trades in I primarily use this as a tool to help me identify very short term direction for scalping small target area (Adjustable) Preset for the main 28...
Mainly developed for AMEX:SPY trading on 1 min chart. But feel free to try on other tickers. Basic idea of this strategy is to look for 3 candle reversal pattern within trending market structure. The 3 candle reversal pattern consist of 3 consecutive bullish or bearish candles, followed by an engulfing candle in the opposite direction. This pattern usually...
This is your dark knight, your shining light in the crypto darkness... It's you and me against the machine..... rage, rage against the dying of the night! This my greedy minions is the ticket..... the disruptive technology, the red pill, that breaks the Matrix.... get ready to join the revolution. DESCRIPTION: Lowest green/red line The lowest alternating...
This is a simple scalping strategy that works for all time frames... I have only tested it on FOREX It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA . If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL. If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL. The red line is the...
Dear Traders, Here is the thought which came to my mind on the trendline break scalping. sometimes during the trade we do plot trendlines and we do anticipate for the line to break and take a trade. with the same thing in mind I had created this basic script to help you and other to create based on the logic used in the script. This is just a logic based script...
Here I bring you an array of methods to compare the swings and consistency between assets. This indicator is excellent for swing traders and scalpers looking to maximize their profits by examining which of two closely related pairs provides greater price fluctuation during given period. This indicator works against two assets, which are to be configured in...
Simple way how to use Linear Regression for trading. What we use: • Linear Regression • HMA as a trend filter Logic: Firstly we make simple linear regression moving. It is the white line which appears on the chart. Then we make second line (named: band2) on the chart by multiplying linreg and value difference. The third step is to ad HMA as a trend filter. The...
This script can be used to day trade SPY ( S&P ), Forex Currencies, Stocks, Bitcoin and pretty much anything out there. It was extensively tested trading live on 15minute timeframe with great results, it can be used with other timeframes as well. Indicators: - Regular Signals (red/green) – trade signal arrows, includes alerts - Risky Signals (orange/olive) –...
Part of the EZ Profit Maker Suite - EZ Profit Maker - EZ Profit Maker Buddy 1 - EZ Profit Maker Buddy 2 THE 'PROBLEM' A lot of buy and sell strategies are based on price action being at a particular (support) level, crossovers of different moving averages or of price action over moving averages or trend lines . A Trader waits for price/moving averages to reach a...
Simple arrow indicator, indicating the direction go the next slight movement. This indicator will work on any time frame or market. How does this indicator work? It will use Stochastic and Keltner Channels to detect potential reversals depending on the frequency you choose in the indicator's settings. The higher the frequency, the fewer candles will be used in...
AlphaScalp tries to find volatility moves and profits from the small pullbacks. Even though the performance of this script in a fair amount of cases will beat HODL it is not the purpose. AlphaScalp aims for a high accuracy and profitfactor to ensure a more or less stable profit taking. The properties like " MA Length " and the " Short - " or " Long line % "...
After many different tests and tries we found a strategy which is suited for people that likes to trade in shorter time frames. It uses multiple indications for entries. Entries include indications like Double ATR, Consolidation Detection, Dynamic RSI Calculation with Overbought and Oversold lines and also previous bars highs and lows. Although this strategy has...
The strategy works with a combination of a number of different factors, including: - Volume - Moving averages - Volatility - RSI This strategy generates long and short signals based on volume movements, moving averages and RSI. By combining other algorithms, low volatility periods can be filtered out. The best results can be achieved by pairing the indicator...
This indicator is part of our Fracking series of indicators and is specifically designed for scalping Crypto. It looks for a particular price action pattern/sequence then displays levels and a label on the chart to show a potential entry, target, and stop based on that analysis. Basically enter long through the green zones and short through the red zones. The...
This indicator I thought after a while of research and decided to code for people that wants to scalp on low time frames. It's recommended to use it in 1 to 5 min timeframes. It uses ATR, Past high and lows and stochastic overbought and oversold zones along with some consolidation code to avoid fast swings. I also added Take Profit and Stop Loss signals based on...