ORB Opening Range Breakout 5 and 3O Minute Indicator
Kudos to Chris Moody for the inspiration to create my first indicator.
The 5 and 30 run together at times but the scalp would be when the equity breaks the 5 go long or short for the scalp and when it breaks the 30 go for the swing trade.
Plots the Highest and Lowest source price for N bars back. Similar to Donchian Channels except any price source can be used (best results: close). Can be set to any interval independent of the chart interval. Repainting will occur if the chart interval is less than the indicator interval.
Free strategy again.
This strategy consists of 2 indicators I think works well with each other as a trend following strategy.
The 2 indicators are Renko chart and Relative Vigor Index.
This is a long-only breakout strategy that aims to capture the majority of the trend.
Works well on BTCUSD XBTUSD, as well as other major liquid Pair.
EXPERIMENTAL: using multiple length bollinger bands to create a better reading of ?price/range? strength?.
• calculates 2 candle plots for upper and lower bands, were the high and low are the extremes of the bands,
open is the previous close of the band and close is the extreme midline.
This is a twist on my on my Breakout Scalper strategy that limits trading to a user-configurable session
Find the original "Continuous" version of the scalper here:
The breakout scalper is based on "slow" and "fast" donchian periods. In this version, the "slow" donchian is in fact the Day's high/low....
Study based on Rob Hoffman's Accumulation/Distribution Breakout strategy.
- Green circle on the top wick indicates a "Distribution" wick
- Red circle on the bottom wick indicates an "Accumulation" wick
- A distribution wick in an uptrend gets marked as a Key Resistance. This is marked with green crosses
- An Accumulation wick in a downtrend gets marked as a...
2017 - First Code
This is a another way of looking at DMI indicator. Almost similar to any oscillator. You still need to understand the indicator and chart before you can trade with these.
This is a simple Day Trade indicator, but can be used for swing and long term trades.
It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows.
The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout...
This script is for learning purposes only
This strategy will plot arrows when price breaks so far above/below WMA. The strategy will enter when the price breaks away from WMA. All entries are reversals. Users can set WMA length and source; also the distance of the price away from WMA to enter. Adjustable bracket orders are placed for exit, with trailing stop...
This oscillator displays the proportions (ratios) of the closing price from the 20-period Donchian high & low prices. Use for breakouts (not intended for mean reversion).
Dark green = new 20-period high
Dark red = new 20-period low
This indicator is based on Linda Raschke's ID/ND4 Historical Volatility Breakout strategy. It finds days where the high and low are within the previous day high and lows (Inside days), that have also, the narrowest trading range within the last 4 days (it basically checks if the current day has the narrowest range comparing it with the previous 3 days) when the...
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...