This strategy is based on the classic Commodity Channel Index and only works long. The system enters the market when this indicator is very low ( CCI <-150 or user-defined threshold) and as soon as it regains strength (i.e. CCI> CCI of the previous candle) with a filter on the "strength" of the prices themselves (i.e. the closing of the candle that provides the...
As always, this is not financial advice and use at your own risk. Trading is risky and can cost you significant sums of money if you are not careful. Make sure you always have a proper entry and exit plan that includes defining your risk before you enter a trade. Ken Wood is a semi-famous trader that grew in popularity in the 1990s and early 2000s due to the...
Hello traders Still on holidays but I don't and will never forget you <3 I realize more and more that you guys don't only want some indicators and learn about pinescript. You also want some guidance and get some mentors providing you with comprehensive and simple trading methods and tricks. I'm against those posting many scripts a day that in the end will make...
Trend Magic is originally a MT platform (MetaTrader) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits. Converted the MT platform code to TradingView Pine version 4. Also you can use Multiple Time Frame. It also works well with Crypto and Stock Markets. Trend Magic consists of two...
kNN-based Strategy (FX and Crypto) Description: This update to the popular kNN-based strategy features: improvements in the business logic, an adjustible k value for the kNN model, one more feature (MOM), a streamlined signal filter and some other minor fixes. Now this script works in all timeframes ! I intentionally decided to...
This is an updated and improved version of my "Price Action Trading strategy". I have added two extra optional filters, one is a trend direction filter based on the MACD slow EMA(17), blue line, and the other is a RSI(7) filter which works similarly to CCI(14) but slightly different dynamics (thank you to gianfranco60 for the suggestion). Also made a couple of...
Hello traders Today I present you a Supertrend not based on candle close but based on a CCI (Commodity Channel Index) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP Trend = High + ATR * Factor DOWN Trend = Low - ATR *...
This is a modified version of @SeaSide420 TSI CCI Hull with profits exit on long and short order ORIGINAL SCRIPT: /// /// feel free to edit/improve and comment
This very simple indicator will give you a blue background where the CCI crossed from below -100 to above -100, and a red background where it crossed from above 100 to below 100.
This is TSI and CCI combined. The CCI is customized and is using HullMA, but the TSI is default TSI For use with the HMAv420 indicator, to form trading strategy based on the 3 indicators. Best as all 3 indicators used on 3 timeframes at once, ie 1m 5m 1H
a simple strategy based on Joseph Nemeth MACD+CCI strategy Reference reading: sites.google.com
Hi! This strategy has TSI and CCI indicators with the CCI being based on a HMA instead of the Price. There is a number of conditions that must combine to create buy or sell signals, but it is basically a couple of MA crossovers. The strategy opens new orders on each candle if the conditions are met, Either direction, so it is hedging. It wont open new orders if...
This strategy is extremely useful for positional traders or traders using timeframe 15-minute of higher. It uses following combo of values: VWAP, CCI, Volume and Moving average (simple and exponential) Caution: Avoid taking trade if candle size is greater than twice the average candle size. for that wait for the retracement to near trailing stoploss
The Commodity Channel Index (CCI) is best used with markets that display cyclical or seasonal characteristics, and is formulated to detect the beginning and ending of these cycles by incorporating a moving average together with a divisor that reflects both possible and actual trading ranges. The final index measures the deviation from normal,...
Multiple volume oscillators in one. Description: As Warren Guppet once said, be “fearful when others are buying less, and greedy when others are selling less.” Divergences are the main point of usage of all bundled indicators. OBV Oscillator, remade. The formula has been changed to smooth out the way OBV is calculated during a trending move OBV Oscillator,...
kNN-based Strategy (FX and Crypto) Description: This strategy uses a classic machine learning algorithm - k Nearest Neighbours (kNN) - to let you find a prediction for the next (tomorrow's, next month's, etc.) market move. Being an unsupervised machine learning algorithm, kNN is one of the most simple learning algorithms. To do a prediction of the next market...
This is a modified Schaff Trend Cycle (STC), which is designed to provide quicker entries and exits. I've been a huge fan of the STC for a long time, but being based on the MACD means its signals often lag by a bar or two (especially in fast moving markets). All I've done here is take the base STC script (all credit to user @LazyBear), and change the source to a...
In this strategy, 15 indicators are used, each giving its results as a numerical value, which then is added or subtracted from the total points, gathered from all 15 indicators. Many thanks to RafaelZioni for his great work making the EasySys1 script which i modified to create this script. Onchart is drawn some of the indicators, but not all, a info panel is...