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Oscillators

Price Oscillator StrategyThe Price Oscillator uses two moving averages. ✔ One shorter-period, and one longer-period. ✔ When 2 MAs cross each other the PO reads 0. The Price Oscillator technical indicator can show overbought and oversold areas. Strategy: Only go long in an uptrend. Only go short in a downtrend Uptrend strategy: Look for an oversold situation to open a buy position. Close when get to overbought then close some more when crossing back to the zero line. Downtrend strategy: Look for an overbought situation to open a sell position. Close when get to oversold then close some more when crossing back to the zero line.
Education
by apadanaforex
2
WTI & Dow Jones Shorts (pending orders for day trades)We're looking to get into short positions on WTI and US30 (down jones), our system indicates that we could see price action move lower once the levels listed (fibonacci retracement) are reached. Trades can fail, and many times they do, so trade at your own risk, but if we could give you a tip it would be this: Start using structured position sizing, the way we do it is expose our account at a rate of 10% per trade idea, here is what this means > if our balance is 1,000, 10% of that would be 0.10 lots, get it? Dont risk 10%, open 10% of the balance/equity and this way you can manage your risks! Good luck!
OANDA:US30USDShort
by PrimedGroup
Coding Indicator in Tradingview from InspirationSo today is rest and research Sunday and I wanted to share with folks how I go about creating new strategies and indicators. Hopefully this can teach traders to fish rather than giving them just the fish (of a buy/sell signal!) I was inspired by watching a Youtube podcast Desiretotrade by Etienne Crane where I saw on his chart arrows indicating where price closed outside of a Bollinger Band followed by price closing back inside. This made me want to test such a price action phenomenon myself and to do that I needed to code it up. I'm really a hacker when it comes to programming and Pine Script but I began coding from ZERO knowledge and my tricks, which I share, should hopefully help new Tradingview/Pine Script coders. GOOGLE IS YOUR FRIEND!!! It has all the answers if you just type the correct search :) Unfortunately, I did not realize that Tradingview cuts off videos at 20 minutes. Oops! I got the meat of the indicator and process of using it all recorded and got cut off as I was cleaning up the code to make it more user friendly. I'll know to keep track of time for the next video! Please let me know if this was helpful to traders... I get motivated by positive vibes to do more teaching!
BITFINEX:BTCUSD
by norok
10