Get started

Strategy!

Williams Accumulation/Distribution (Williams AD) Strategy Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. Accumulation of the security is indicated when the security is making a new low and the A/D indicator is failing to make a new low. Buy. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
2
MTF RSIHello traders, I am happy to share with you my latest indicator I have developed. It's called " MTF RSI ". The core idea of the EA is to get the average of RSI value of multiple timeframes, current , 3x and 6x of current time frame, and calculate a more accurate RSI value which will indicate more clear oversold or overbought levels that rsi has reached. It is believed that when there is a convergence of the same indicator in multiple time frames, it is more likely traders will obtain a valid signal. Besides the averaged RSI, an EMA of period of 14 is added to this EA. Traders can make use of crossing signals to kick off their trade decisions. Please provide feedback on how I can improve this indicator and provide better quality signals. Thank you
Pine Script® indicator
by lonelygrass
3
Amazing Crossover System V.1The last grind of today: Amazing Crossover System , which is composed of 2 moving averages( EMA 5 & EMA10) and RSI (Period of 10,source:hl2). This system is created with the purpose of helping swing traders to seek longer-term trading opportunities, and it should only be used with 1-hr/ 4-hr / daily charts. You can try this and show me some feedback. New version will be released once I find out there are the room to be improved, bugs to be fixed and advice from users. Less is more. Hope you will find it helpful.
Pine Script® indicator
by lonelygrass
2
TFS: Tether Line Strategy Tether line indicator is the first component of TFS trading strategy. It was named this way because stock prices have a tendency to cluster around it. It means that stock prices tend to move away from the midpoint between their 50-day highs and lows, then return to that midpoint at some time in the future. On a chart, it appears as though the stock price is tethered to this line, and hence the name. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
T3 Averages Strategy This indicator plots the moving average described in the January, 1998 issue of S&C, p.57, "Smoothing Techniques for More Accurate Signals", by Tim Tillson. This indicator plots T3 moving average presented in Figure 4 in the article. T3 indicator is a moving average which is calculated according to formula: T3(n) = GD(GD(GD(n))), where GD - generalized DEMA (Double EMA) and calculating according to this: GD(n,v) = EMA(n) * (1+v)-EMA(EMA(n)) * v, where "v" is volume factor, which determines how hot the moving average’s response to linear trends will be. The author advises to use v=0.7. When v = 0, GD = EMA, and when v = 1, GD = DEMA. In between, GD is a less aggressive version of DEMA. By using a value for v less than1, trader cure the multiple DEMA overshoot problem but at the cost of accepting some additional phase delay. In filter theory terminology, T3 is a six-pole nonlinear Kalman filter. Kalman filters are ones that use the error — in this case, (time series - EMA(n)) — to correct themselves. In the realm of technical analysis, these are called adaptive moving averages; they track the time series more aggres-sively when it is making large moves. Tim Tillson is a software project manager at Hewlett-Packard, with degrees in mathematics and computer science. He has privately traded options and equities for 15 years. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
Grahn Gyllene Kors [Alerts]Grahn Gyllene Kors is the companion study for the Grahn Gyllene Kors strategy... This is an EMA / Trend Explorer & Strategy useful for identifying trends before EMA's cross and also identifying and experimenting with various EMA lengths and candle trends. There is also a companion Alerts study for this in which trend signals may be sent to the user via sms or email AND/OR buy and sell alerts may be sent to bots for automated trading of this strategy. Once you have optimized your settings and backtested with this strategy, apply your same settings into the Alerts study and create your alerts. NOTICE: This script does not require access from me, simply open Indicators on chart and search for "Grahn". By accessing this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script! EMA Fast and EMA Slow - may be adjusted in length and color. Bullish F>S % - controls what percentage the EMA Fast should be above EMA Slow before considered bullish and is represented by the Green band on the chart.  Neutral % - is what percentage surrounding the EMA Slow should be considered neutral and is represented by the Yellow band on the chart.  Bearish F
Pine Script® indicator
by allanster
7
RSI based on ROC Strategy This is the new-age indicator which is version of RSI calculated upon the Rate-of-change indicator. The name "Relative Strength Index" is slightly misleading as the RSI does not compare the relative strength of two securities, but rather the internal strength of a single security. A more appropriate name might be "Internal Strength Index." Relative strength charts that compare two market indices, which are often referred to as Comparative Relative Strength. And in its turn, the Rate-of-Change ("ROC") indicator displays the difference between the current price and the price x-time periods ago. The difference can be displayed in either points or as a percentage. The Momentum indicator displays the same information, but expresses it as a ratio. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
MACD TBBThis indicator works similar to the Tightened Bollinger Band (TBB) Strategy. Normally, when bollinger bands tighten, you look for the point where they widen and the direction of the price is often a breakout. This indicator does the something similar, but using MACD, so you get other opportunities to get into plays. When the bollinger bands on the indicator tighten, wait for them to widen. The MACD line will turn red. The exit to the play is when the macd pulls away from the band and turns black again. This indicator was built to help with some instructional material presented at www.optionsplayers.com Let me know if you like the indicator or have any suggestions!
Pine Script® indicator
by Tracks
Relative Volatility Index Strategy The RVI is a modified form of the relative strength index (RSI). The original RSI calculation separates one-day net changes into positive closes and negative closes, then smoothes the data and normalizes the ratio on a scale of zero to 100 as the basis for the formula. The RVI uses the same basic formula but substitutes the 10-day standard deviation of the closing prices for either the up close or the down close. The goal is to create an indicator that measures the general direction of volatility. The volatility is being measured by the 10-days standard deviation of the closing prices. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
Relative Momentum Index Strategy The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed with the Relative Strength Index's sensitivity to the number of look-back periods, yet frustrated with it's inconsistent oscillation between defined overbought and oversold levels, Mr. Altman added a momentum component to the RSI. As mentioned, the RMI is a variation of the RSI indicator. Instead of counting up and down days from close to close as the RSI does, the RMI counts up and down days from the close relative to the close x-days ago where x is not necessarily 1 as required by the RSI). So as the name of the indicator reflects, "momentum" is substituted for "strength". WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
Range Action Verification Index (RAVI) Strategy The indicator represents the relative convergence/divergence of the moving averages of the financial asset, increased a hundred times. It is based on a different principle than the ADX. Chande suggests a 13-week SMA as the basis for the indicator. It represents the quarterly (3 months = 65 working days) sentiments of the market participants concerning prices. The short moving average comprises 10% of the one and is rounded to seven. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
Positive Volume Index Strategy The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either keep adding or subtracting price rate of change each day to the previous day`s sum. In the case of PVI, if today`s volume is less than yesterday`s, don`t add anything; if today`s volume is greater, then add today`s price rate of change. For NVI, add today`s price rate of change only if today`s volume is less than yesterday`s. WARNING: - This script to change bars colors.
Pine Script® indicator
by HPotter
Combo Indicator V2This is an updated version of the Combo Indicator I previously published. It combines Bollinger Bands, 3 moving averages and 1 exponential moving average all into one chart. I use this indicators on most of my charts so wanted an easy way of combining them all. SPECIAL BONUS This indicator also includes a common Bollinger Band trading strategy built in. It was developed with options trading in mind for members over at OptionsPlayers.com. It tries to detect when the BB tunnel tightens, and then triggers an entry position when it detects the breakout. No strategy is 100% accurate, and there are some false positives, but it seems to work fairly well. However, do your own due diligence and use at your own risk. The strategy can be turned on using a checkbox in the properties.
Pine Script® indicator
by Tracks