senpai

Spyfrat Momentum Study

193 3 15
Spyfrat Momentum Study
--> using the following
1) RSI
2) Boellinger Band
3) PSAR Measurement Algorithm
Remove from Favorite Scripts Add to Favorite Scripts
//@version=2
study("Spyfrat Momentum Study",overlay=true)

// BB Init
source = close
length = input(50, minval=1)
mult = input(0.2, title="Mult Factor", minval=0.001, maxval=50)
alertLevel=input(0.1)
impulseLevel=input(0.75)
showRange = input(false, type=bool)

//RSI CODE
src = close, 
up = rma(max(change(src), 0), 30)
down = rma(-min(change(src), 0), 30)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))

//BB CODE
basis = sma(source, length)
dev = mult * stdev(source, length)
upper = basis + dev
lower = basis - dev
bbr = source>upper?(((source-upper)/(upper-lower))/10): source<lower?(((source-lower)/(upper-lower))/10) : 0.05
bbi = bbr - nz(bbr[1]) 

//psar code 
start = input(0.02)
increment = input(0.02)
maximum = input(0.2)
psar = sar(start, increment, maximum)
diff = (close - psar)*10000
diff1 = (close [200] - psar)*10000
guage = diff - diff1




//Rule
//long = rsi>50.5 and rsi<55 and  bbi>0.15  and osc>0.00100 and conso>0
//short = rsi<49.5 and rsi>45 and  bbi<-0.15 and osc<-0.00100 and conso>0

long = rsi>50 and rsi<60 and  close>upper and guage>10  and bbi>0.10
short = rsi<50 and rsi>40 and close<lower and guage<-10 and bbi <-0.10
//
//long = long1[1] == 0 and long1 == 1
//short = short1[1] == 0 and short1 == 1
//longclose = long[5] == 1
//shortclose = short[5] == 1

//Alert

//plot(long,"long",color=green,linewidth=1)
//plot(short,"short",color=red,linewidth=1)
plotshape(long, color=green, style=shape.arrowup, text="Spyfrat Buy",location=location.belowbar,size=size.normal,textcolor=green) 
alertcondition(long, title='Spyfrat Buy', message='Spyfrat Momentum Buy!')
plotshape(short, color=red, style=shape.arrowdown, text="Spyfrat Sell",location=location.abovebar,size=size.normal,textcolor=red) 
alertcondition(short, title='Spyfrat Sell', message='Spyfrat Momentum Sell!')

//strategy.exit(id="Stop", profit = 20, loss = 100)
plot(close)
https://youtu.be/YcxcQeDgqEY

1) My Honest Opinion/Advice of this kind of Endeavor
2) Making your OWN Strategy
It is like making your own art/song rather copying it.
3) Borrowing One's Hand Strategy
IF You support me and want to do the Trading please see below
links to start your Journey
http://affiliate.iqoption.com/redir/?aff=55583
Link to iOS application
http://app.appsflyer.com/id871125783/?pid=55583&c=mobile_ios
Link to Android application
http://app.appsflyer.com/com.iqoption/%E2%80%A6
CHART ANALYSIS = Tradingview
http://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=3601
Handles your transactions -- Skrill
https://account.skrill.com/signup?rid=82292901
Reply
I am not able to generate the bottom indicator. Great work...but need ur help.
Reply
Interesting view, thank you.
This is mine:

Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out