Daily charts represent series of data points where each data point is comprised of the price movement for a single day of trading. This chart type has been used for a long time by traders and typically applicable for swing or position trading.
This is a simple strategy based on Doji star candlestick
This strategy is suited for big time frames, like 4h -1Day and so on.
It places two orders: long at doji star high or previous candle high and short at doji star low or previous candle low.
It can also be applied volume average, in order to filter between trades .
This strategy works very well with high...
Today I bring you a new strategy thats made of parabolic sar. It has optmized values for GBPJPY Daily timeframe chart.
It also has a time period selection, in order to see how it behave between selected years.
The strategy behind it is simple :
We have an uptrend , (the psar is below our candles) we go long. We exit when our candle crosses the psar value.
A very basic script that changes the background color of the chart to Green if the price closes over the previous day close, and to Red if the price closes under the previous day close. This allows you to easily see if it is currently a Bull or Bear market with a glance. Alerts added.
This scripts plots the long term moving average calculated daily for 4 sets.
The default averages are:
The settings can be used to flexibly change this and to hide / show labels
Uses daily average ranges of 5 and 10 (most used) as buy (support) and highs (resistance) areas - half ranges used in calculations for a more accurate "forecast" of the H and L . Uses open but not close, so it does not repaint - experimental
I have a thing for pivots and SR, so this is Tom DeMark Daily Retracements Levels pivots from DeMark Indicators book by Jason Perl.
Red lines -daily R
Green lines - daily S
Expect reversals or breaks at these points.
and some random stock, just test your instrument
This indicator will help you if you struggle making any profit in bitcoin.
It generates very few signals with very nice profit potential ( around 100% this year ! ).
Perfect tool for longterm swing traders and new traders that need help figuring out the midterm trend.
Use it with these parameters only:
weekly: 13, 5, 12
daily: 92, 21, 96
This indicator puts the previous close value of a higher relevant time frame on the chart, it adepts to the period of the chart. Relevant means that it puts:
Close of previous year in monthly chart
Close of previous month in weekly chart
Close of either previous month of week in daily chart, default setting is week
Close of previous week in 4hourly and 3hourly...
There is a link below that further explain the purpose of this publication.
A fresh new look into the limitations of the security() function and perhaps expand our horizons on having access to more accurate data no matter from what timeframe you are on.
As always, it is my...
at first thanks to the one and only Master Educator Stefan Kassing for sharing his legendary system with us!
And also credit to Mortdiggiddy , RootDuk and PineCoders for helping me with the script =)
This script is calculating the daily range (in pips) of the current market you are in, in relation to the last 70 days (10 weeks) .
This will place circles on your chart for the opening daily price. If price is above, the circles are green. If price is below, the circles are red. I wanted to be able to see the opening price a bit easier while in smaller time frames.
I decided to add the previous daily closing line to the original script. Basically looking for good support / resistance
Ichimoku Cloud , Multiple Time Frames, based on the script : MTF Selection Framework functions (PineCoders)
- four differents Ichimoku
- Tenkan, Kijun, Chikou and Kumo (monochrome or not)
- labels : offset from line, color if you change style and with/without abbreviation
Time Frames :
This study is a variation of my "Automatic Daily Fibonnacci" indicator. This variation automatically draw Fibonacci Pivot levels (or optionally Classic Pivots) based on the previous day's highest and lowest points. The HLC3 is used as the default Daily Pivot level.
Unlike the "Automatic Daily Fibonnacci", this indicator does not redraw/update levels on current...
For my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and...