Forex CorrelationsA utility tool to find linear relationships between different currency pairs and
specified symbols. This is another private indicator of mine.
Features
37 well known Forex pairs
3 correlation display modes ( Positive and Negative , Positive , Negative )
Ability to specify any symbol to see correlations
Ability to specify a preferred timeframe
Readable and optimized code
Supported pairs
USDCAD
USDMXN
USDBRL
USDCHF
USDRUB
USDTRY
USDZAR
USDJPY
USDCNY
USDHKD
CADCHF
CADJPY
EURUSD
EURCAD
EURGBP
EURCHF
EURRUB
EURTRY
EURJPY
EURCNY
EURAUD
EURNZD
GBPUSD
GBPCAD
GBPJPY
GBPCNY
GBPAUD
GBPNZD
AUDUSD
AUDCAD
AUDCHF
AUDJPY
AUDCNY
AUDNZD
NZDUSD
NZDJPY
NZDCNY
EURUSD
CSI - Currency strength indicator RSI 10This Indicator shows you the strength of the Currency in comparison for all other Main Currencys at the timeframe you choose.
The Currencys in this Indicator is: EUR, USD, GBP, CHF, AUD, CAD, JPY
The Base is the RSI (relative strength Indicator) with the following Currency pairs:
eurusd, eurgbp, euraud, eurjpy, eurcad, eurchf
usdeur, usdgbp, usdaud, usdjpy, usdcad, usdchf
gbpeur, gbpusd, gbpaud, gbpjpy, gbpcad, gbpchf
audeur, audusd, audgbp, audjpy, audcad, audchf
jpyeur, jpyusd, jpyaud, jpygbp, jpycad, jpychf
cadeur, cadusd, cadaud, cadgbp, cadjpy, cadchf
chfeur, chfusd, chfaud, chfgbp, chfjpy, chfcad
The letters in the LineChart:
EUR = E
USD = U
GBP = G
CHF = C
AUD = A
CAD = C
JPY = J
The CSI can help to see, if your trading pair have the potential to breakout on the support and resistance or if it more likely go back.
Some people say that the banks use this indicator.
NZD is missing there because Tradingview only support 6 variables.
If you have a solution for than, please let me know.
Thanks
XBT Volatility Weighted Bottom Finder. [For Daily Charts]An update to:
Made it into and indicator.
v. 0.0.1
DESIGNED FOR DAILY CHARTS
Trendster v1.0The Trend Is Your Friend
Trendster v1.0 will give you simple areas of possible entries (both long and short) in order to jump on board new trends early and stay in the trade for maximum profit. Can be used with most assets including equities, FOREX and cryptocurrencies. Alerts can be created from this indicator allowing for better manual trade timing or autotrading. Happy trading!
PeBAS €$ Scalper 5m ALERT VersionHere is the EurDollar ScalpingScript for Alerts.
Have fun and the sun in your heart!
Dhananjay Volatility stop strategy v1.0
Sharing one more strategy after getting good feedback on my earlier published strategy.
This is simple volatility stop strategy where in we are using VStop as entry and exit point.
Again smart traders can add MA to decide the trend and can avoid trading in opposite direction of trend which will help them to minimize loss making trades.
There are more than 1 parameters which traders can use/change to make this strategy compatible to their instrument.
To understand what is VStop use google.com :-)
Looking forward to receiving feedback from all of you.
Strenght and MomentumThe scope of this script is to measure momentum and strenght of EURO and DOLLAR using their indexes.
Forza (line) above 0 means EURO is stonger than DOLLAR
Momento (histogram) above 0 means EURO has a positive momentum against DOLLAR
The added value to see MACD and RSI directly on EURUSD chart is that indexes consider also other pairs so their RSI and MACD has a larger view on forex markets.
Script has also an option for multi timeframes.
I think that could be used as filters for LONG or SHORT positions in lower time frames.
EMA Slope + EMA Cross Strategy (by ChartArt)This strategy uses divergences between three exponential moving averages and their slope directions as well as crosses between the price and these moving averages to switch between a long or short position. The strategy is non-stop in the market and always either long or short.
In addition the moving averages and price bars are colored depending if they are trending up or down.
The strategy was created for the "EURUSD" daily timeframe.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
HL MovingAvg2Line Cross Dhananjay
Sharing the simple trend following trading strategy, traders can add their own rules in this, to minimise the losses and maximise the profits. Like below.
1. Go long only if price is above 189 days EMA/SAM
2. Exit position when high or low of previous candle is breached in the opposite direction of the trend.
3. Go long only if price is in up trend on higher time frame charts and go short when price is down trend of higher time frame charts.
Stop loss, target and other things can also be decided by the trader.
Idea is to capture the short term trend to trade in FnO or 2/3 days position in underlying instrument.
Traders can optimise the length of the Moving average so that your traded is set for maximum profit giving settings for this strategy. Different instruments responds to different moving averages because of different volatility.
Idea is to go long when price closes above 9 days EMA of Highs and exit and go short whenever price closes below 9 days EMA of lows, exit short when first condition meets after short trade.
I ma not that good with scripts, have many such ideas, interested script writers can get in touch with me so that we can create trading systems which have grater success rate .
Cowabunga System from babypips.comPlease do read the information below as well, especially if you are new to Forex.
The Cowabunga System is a type of Mechanical Trading System that filters trades based on the trend of the 4 hour chart with EMAs and some other familiar indicators (RSI, Stochastics and MACD) while entering trades base on 15 minute chart.
I have coded (quite amateurishly) the basic system onto a 15 minute chart (the 4 hour settings are coded as well). The author says the system is to be traded off the 15 minute chart with the 4 hour chart only as a reference for trend direction.
4 Hour Chart Settings
5 EMA
10 EMA
Stochastics (10,3,3)
RSI (9)
Then we move onto the 15 minute chart, where he gives us the trade entry rules.
15 Minute Chart Settings
5 EMA
10 EMA
Stochastics (10,3,3)
RSI (9)
MACD (12,26,9)
Entry Rules - long entry rules used, obviously reverse these for shorting.
1. EMA must cross above the 10 EMA.
2. RSI must be greater than 50 and not overbought.
3. Stochastic must be headed up and not be in overbought territory.
4. MACD histogram must go from negative to positive OR be negative and start to increase in value.
What I did.
1. Set the RSI and Stochastic levels to avoid entries when they indicate overbought conditions for long and oversold conditions for short (80 and 20 levels).
2. Users can input specific times they want to backtest.
3. User's can configure profit targets, trailing stops and stops. Default is set it to was 100 pips profit target with a 40 pip trailing stop. (Note, when you are changing these values, please note that each pip is worth 10, so 100 pips is entered as 1000.)
The Cowabunga System from babypips.com is another popular and active system. The author, Pip Surfer, continues to post wins and losses with this system. It shows there is a lot of honesty and integrity with this system if the author keeps up to date even 10 years later and is not afraid of sharing the times the system causes losses.
As an example of this, here is post he shared just last week . It's almost like a journal, he gives specific times and reasons why he entered, lets the readers know when he was stopped out, etc. I think that what he does is equally important as his system.
To read more about this system, visit the thread on babypips.com, click here.
SMART4TRADER-UP-DOWN Stock Exchange Volume (SPY)Shows the trend direction for the S&P500
Показывает направление тренда для S&P500
EUSDwaveV2 [pietherrieck]another version of my highly efficient strategy for the d1 eur/usd chart. i don't recommend to use it on other currencies/timeframes!
EUSDwave [pietherrieck]this is a highly efficient strategy for the d1 eur/usd chart. i don't recommend to use it on other currencies/timeframes!
HL2 - 22 EMA Cross for RenkoEURUSD
This is a simple strategy to use for those who like Renko bars. I ONLY use it on Renko.
Basic idea is that when the Renko bar closes above or below the 22 EMA, you go long or short.
However, some of the frustrations I've had with any strategy shared in Tradingview is so few folks put in the ability to set a stop or a profit target or the ability to set a specific time to trade. I have added those to this strategy. (And I for the life of me can not remember where I got the code for the the time, I need to find you!).
Special note: If you have never used the Renko bars in Tradingview, make sure you click the Format option next to whatever pair you are looking at and change it from Traditional to ATR. You can set it for a static pip amount if you want. But ATR at first will help you decide which amount of pips you should throw in.
This is my first published strategy so if I screwed up on anything or didn't explain it very well, please let me know!!
EUSDwaveV2 [pietherrieck]new version of my highly efficient strategy for the d1 eur/usd chart. i don't recommend to use it on other currencies/timeframes! if you want to use it contact me!
Combining Exponential And Volume Weighting Backtest The related article is copyrighted material from Stocks & Commodities 2009 Oct
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Combining DMI And Moving Average For A EUR/USD Backtest The related article is copyrighted material from Stocks & Commodities Aug 2009
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Market Barometer EURUSDHi guys, here is a single currency pair version of the Market Barometer. This indicator averages the values for the EUR and USD, then displays the values in histogram form (based on the time frame of chart that is running the indicator). Any value +/- 50 is over extended. This indicator was created for the 4X Global members, but I got permission to release it to the entire Tradingview community.
** IMPORTANT - This indicator will ONLY work for the EURUSD. If you apply this indicator to another currency pair, it will still display values for the EURUSD.
***IMPORTANT - This indicator takes a second to load all of the remote data. For me it usually takes 5 to 8 seconds depending on the chart, time frame, etc...
4X Global folks - this indicator will not completely duplicate the Traders Desktop version. Why? Because the Traders Desktop version combines multiple time frames and chart types to produce their output. However, I have found this indicator to be very helpful/accurate on the 4 hour time frame. Still very helpful on other time frames, but the turns on the 4 hour are fantastic. Hope that helps.
Pair Strength EURUSDThis is an application of the WaveTrend indicator by LazyBear against a basket of the eur and usd to come up with a total eur and usd wt value. You can change the currencies by altering which pairs its run on. As far as changes I removed the lagging 4sma and altered the OB OS to be 2 and 3 standard deviations from a 1000sma just to get a stable view as to where the values tend to rise to. I've had some success using it over the past week or so, when dollar is OB an euro is OS you can expect EURUSD to go up as those reverse and vice versa.
EGU TriageHey all snoop here with another basket idea: this time I'm tackling a triage trading system for EG EU and GU.
If you have been following the Euro Dollar strength script at all you would have seen that the last 2 or 3 trades that I was using it for were successful. Presented here is an indicator that is actually 3 of the same 'kind' of script that the euro dollar strength script was where the indicator essentially outputs that for the XXX/YYY pair if XXX gains against the basket and YYY loses against the basket green coloring and if XXX loses against the basket and YYY gains against the basket red coloring; the lines are plotted at 3 (the top line) as the Euro GBP strength, line at 2 as Euro Dollar strength, and the 1 line (bottom) as GBP dollar strength.
Essentially you can use this exactly the same as the EU strength script was used (go long on green of the corresponding line for the symbol or another way would be if all the signals were printing a 'clear' relationship.
example:
3 reads red, 2 reads red, 1 reads red ... meaning: EG, E>U, GU>G... we would want to long EG in this case.
another riskier way to use this script is to 'carry over' the last printed signal.
for example see how EG is printing black (E=G) well the last signal was red (E
EUSDwave [pietherrieck]this is a highly efficient strategy for the d1 eur/usd chart.
i don't recommend to use it on other currencies/timeframes!
if you want to use it contact me!
EUSDwave [pietherrieck]this is a highly efficient strategy for the d1 eur/usd chart.
i don't recommend to use it on other currencies/timeframes!