Profitable SMA CrossoverWhat is this tool?
This tool is a performance scanner of the crossover trading system that is based on the two simple moving averages (SMA). It uses a decision tree-based algorithm under the hood to find and plot the most profitable periods of the SMA combination.
It analyzes the range of periods between 4 to 45 and backtests each combination across the entire history of an instrument. If the more profitable periods were detected the indicator will switch periods of the moving averages immediately.
This is an add-on for the Ingenious SMA Crossover but can be used standalone.
Alerts
It has an alert that notifies when the more profitable periods were detected.
NOTE : It does not change what has already been plotted.
Good luck!
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Tweezer ScannerThis indicator highlights the tweezer tops and tweezer bottoms on the chart it is applied on.
Per the definition, a tweezer top is a candlestick pattern in which the first candle is bullish, the second one is bearish and they have the same high. Other traders define a tweezer top using the close of the first candle and the open of the second one, but the indicator currently supports only comparison based on the high of these candles. Future updates might contain support for the alternative definition of a tweezer top, if requested.
Per the definition, a tweezer bottom is a candlestick pattern in which the first candle is bearish, the second one is bullish and they have the same low. Other traders define a tweezer bottom using the close of the first candle and the open of the second one, but the indicator currently supports only comparison based on the low of these candles. Future updates might contain support for the alternative definition of a tweezer bottom, if requested.
By default, the indicator requires that the tweezer top is also a pivot high, and the tweezer bottom is also a pivot low. These options can be disabled in the Settings panel of the indicator. The indicator scans for a customizable number of candles to the left and to the right of the potential pivot.
The plot line contains both upward and downward spikes, depending on the type of tweezers the indicator finds. It is useful when the chart is zoomed out and the colored candles cannot be easily seen.
Bollinger Band Open Gap Alert V1This is the bare bones of what I'm trying to achieve through pine script. The purpose of the script is to:
1. On a 15m chart, calculate and plot upper & lower Bollinger bands and simple moving average of 20 periods. (DONE)
2. On a new day, when the first 15m candle of a session forms, I want to check if a) the low of the new candle is outside the upper Bollinger band (also known as an open gap up) or b) if the high of the candle is the outside the lower Bollinger band (also known as open gap down). In other words, I want to know if the Bollinger Bands are not touching the new candle's wicks/shadows. (DONE)
3. Alert me if the above happens. (DONE)
4. Run the indicator through an entire watch list. I'm not sure if that's possible, yet. (HELP)
For the above job, this is what I could come up with. I need guidance for the last step . And any suggestions for corrections or improvements would be greatly appreciated!
PA Patterns Multi CRYPTOThis is the version for cryptocurrencies of my scanner for forex majors
The scope of this script is to work as a scanner of pin bars and engulfing candles of the crypto market.
Best to use with time frames Daily and 4h, lower timeframes gives too many results and may be noisy without trend filter.
Next improvement will be:
- To display in a better way the results, but actually you have to zoom in and out if some results are overlapping.
As the other one, this has alerts and trend filter.
If you like it, please leave a comment and follow me.
Thank you.
PA Patterns Multi tickerThe scope of this script is to work as a forex scanner of pin bars and engulfing candles of the majors.
Best to use with time frames Daily and 4h, lower timeframes gives too many results and may be noisy.
Next improvement will be:
- To display in a better way the results, but actually you have to zoom in and out if some results are overlapping.
- To add allarms (this is easy).
If you are interested in it, I could implement also for cryptos.
Please let me have your feedbacks!
