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M-signal

RSI DivergenceRSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one. You can use this indicator in 2 different ways: normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart) signal line : when RSI Divergence cross zero line from bottom to top you get a buy signal (the line become green), vice versa when the RSI Divergence cross zero line in the opposite way you get a sell signal (the line become red)
Pine Script® indicator
by Shizaru
124
Stochastic Momentum Index (SMI)Stochastic Momentum Index (SMI) or Stoch MTM is used to find oversold and overbought zones. It also helps to figureout whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Green shade in the bottom indicates overbought. Strategy: Enter Long once the Overbought Zone ended and there's a crossover below -35. Exit Long once the oversold zone is ended and there's a crossover. Enter Short once the oversold zone is ended and there's a crossover above 35. Exit Short once the Overbought Zone ended and there's a crossover. Backup: Always use with another indicator because there will be multiple up and down movement in one Trend.
Pine Script® indicator
by surjithctly
51
MULTIPLE TIME-FRAME STRATEGY(TREND, MOMENTUM, ENTRY) Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point. Long Term: - If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts Medium Term: - If Stoch SmoothK is above or below SmoothK and the momentum matches long term trend then we look for entries. Short Term: - If a moving average crossover(long)/crossunder(short) occurs then place a trade in the direction of the trend. Close Trade: - Trade is closed when the Medium term SmoothK Crosses under/above SmoothD. You can mess with the settings to get the best Profit Factor / Percent Profit that matches your plan. Best of luck!
Pine Script® strategy
by tux
4
[RS][NM]Improved Linear Regression Bull and Bear Power v01The base code for this indicator was created by RicardoSantos What I added is a signal line that indicates when to buy and when to sell. Advised use : Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34) Then use the following Rules of engagement : Current price > ZLEMA & Signal line of BBP_NM is green : BUY Current price < ZLEMA & Signal line of BBP_NM is red : SELL Please click the like button if you dig this indicator !
Pine Script® indicator
by Profit_Through_Patience
28
TonyUX EMA Scalper - Buy / SellThis 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 highest close of the previous 8 bars --- This is resistance The green line is the lowest close of the previous 8 bars -- This is support
Pine Script® indicator
by tux
107
Entry pointsThis great and simple indicator based on EMA generates information about entry points at close of the candle. First signal is the best entry point but you can re-enter at the next. IMPORTANT: this script does not generate exit signals and those shoud be find using money management rules or else. Perfectly catches long runs in trends at all underlayings (forex, stocks, indexes, commodities) at all timeframes. Period=100 works best independently on timeframe but I encourage you to try other. Lower period gives more incorrect signals and shorter runs, higher period gives you late entry and less. Ofcourse it gives false signals from time to time but fortunately it makes a correction very fast. Try it! Good luck and good traiding!
Pine Script® indicator
by hotowy
12