Here's a quick and simple script that produces yet another Smooth and Lazy Moving Average - SALMA - that helps hide noise caused by extreme price fluctuations to enable better trend visualization and tracking
SALMA is based on a simple concept - we calculate a standard deviation channel of a user-selected width - then correct the price value...
Today proposed indicator is based on the corrected moving average, an indicator originally proposed by Andreas Uhl professor at Salzburg University. This moving average is not the most well known, which is a pity since its design is extremely elegant.
The corrected moving average (CMA) is an adaptive moving average based on exponential averaging and aim to...
RedK Magic Ribbon is simple script that combines a fast and a slow moving averages to create a 2-Moving Average Cross-over / trend visualization tool.
We utilize the Compound Ratio Weighted Average (CoRa Wave) as the fast MA line and the RedK Slow Smooth Weighted Moving Average (RSS_WMA) aka LazyLine as the slow MA line.
i put this script together when i...
Dear fellow 3commas users,
This is a the most basic Moving Average crossover technique generating Buy Alerts.
This is especially written for those of you who want to link this basic crossover strategy with your 3commas DCA bot .
Moving averages available:
- Simple Moving Average (SMA)
- Exponential Moving Average (EMA)
- Weighted Moving Average...
Hey Folks, this is in indicator that generates buy and sell alerts using Ultimate Moving Average and Money Flow Index.
Multi Time Frame Moving Average trend reversal AND MFI < threshold
MFI crossing under overbought threshold
Recommended settings for 3commas
- Create Alert with Buy Alert and link it to "Message for deal start...
Based on Instantaneous Trendline, by John Ehlers , identifies the market trend by doing removing cycle component. I think, this simplicity is what makes it attractive :) To understand Ehlers's thought process behind this, refer to the PDF linked below.
There are atleast 6 variations of this ITrend. This version is from his early presentations. You can find it...
The Uhl MA crossover system was specifically designed to provide an adaptive MA crossover system that didn't committed the same errors of more classical MA systems. This crossover system is based on a fast and a slow moving average, with the slow moving average being the corrected moving average (CMA) originally proposed by Andreas Uhl, and the fast moving average...
Note: This is just an idea, I did not test this for trading.
MA Cross normally uses close as source in the moving averages, this script uses highs and lows as source.
In an uptrend you will see the 20 period high EMA and 50 period low EMA, once they cross, the indicator will switch to 20 period low EMA and 50 period high EMA. This gives it way less fake crosses...
can set alerts on 3 moving averages (crossovers) , experiment with different moving average lengths in the input settings menu, there is also a toggle switch which turns off the 3rd moving average being used as a stop.
will add a backtesting version at some point
In this above indicator, one can plot 3 indicators simultaneously
where, 200ema can be used to watch on-going long term trend, dynamic support levels for an instrument
50ema can be combined with 200ema forming a Golden Cross strategy, 50ema can be used as short term support and resistance as well.
Lastly, 20ema could be your swing entry, exit, pullback...
Using this indicator you can apply EMA cross of different EMA types. For reducing noise you may think of applying double smoothing and use it in conjunction with RSI and ADX combination. You may consider using the RDX++ indicator published to public library
Ex: If RSI and ADX is bullish...
™TradeChartist Tantalizer Pro is an extensive set of trading Indicators, Signal generators and Utilities all packed into 1 script. The script's visually appealing design and its functionality offers a pleasing experience for the users, thereby complementing their analysis and helps understand asset's price action better.
What does ™TradeChartist Tantalizer Pro...