This is a long timeframe script designed to benefit from the correlation with the Percentage of stocks Above 200 moving average from SPX
At the same time with this percentage we are creating a weighted moving average to smooth its accuracy.
The rules are simple :
If the moving average is increasing its a long signal/short exit
If the moving average is decreased...
Objective is to find forward looking indicators to find good entries into major index's.
In similar vein to my Combo Z Score script I have implemented one looking at oil and oil volatility. Interestingly the script out performs WITHOUT applying the EMA in longer timeframes but under performs in shorter timeframes, for example 2007 vs 2019. Likely due to the...
This is a 1 trade per day strategy for trading SPY or QQQ index. By default, this is designed for 1 min time frame. This was an experimental script that seems to be profitable at the time of publication.
How it works:
Pre-market high and low is defined per trading day between 9:00 to 9:30 EST.
Then we looking for the first breakout on either PM high or PM...
1 min chart scalping version of my other TICK strategy with adjusted parameters and additional entry and exit conditions better suited for 1 min SPY chart. Please refer to my original TICK strategy for explanation.
1. This strategy is designed for same day SPY option scalping on the 1 min chart . All profit shown in back testing report is...
1. This strategy is designed for same day SPY option scalping. All profit shown in back testing report is based on Profit/Loss (P/L) estimates from trading options with approximately 6 months of data. By default, it is set to 10 option contracts. By default the initial capital is set to $5000. Pyramiding is set to 3.
2. This strategy works better...
Mainly developed for AMEX:SPY trading on 1 min chart. But feel free to try on other tickers.
Basic idea of this strategy is to look for 3 candle reversal pattern within trending market structure. The 3 candle reversal pattern consist of 3 consecutive bullish or bearish candles,
followed by an engulfing candle in the opposite direction. This pattern usually...
This strategy is developed based on my High Low Index SPY Top 40 indicator
- this strategy is only developed for SPY on the 5 min chart . It seems to work with QQQ as well, but it isn't optimized for it
- P/L shown is based on 10 SPY option contracts, call or put, with strike price closest to the entry SPY price and expiry of 0 to 1 day. This...
This is a simple swing trading algorithm that uses a fast RSI-EMA to trigger buy/cover signals and a slow RSI-EMA to trigger sell/short signals for SPY, an xchange-traded fund for the S&P 500.
The idea behind this strategy follows the premise that most profitable momentum trades usually occur during periods when price is trending up or down. Periods of flat price...
This strategy is based on VFI indicator published by UTS.
for the strategy purpose , I have added buy line and sell line to the indicator and tested SPY stock/index on one hour chart
1. EMA 50 is above EMA 200
2. vfi line is pulled down and crossing above -4
1. when vfi line crossing down 5
Please do read the information below as well, especially if you are new to Forex.
The Cowabunga System is a type of Mechanical Trading System that filters trades based on the trend of the 4 hour chart with EMAs and some other familiar indicators (RSI, Stochastics and MACD) while entering trades base on 15 minute chart.
I have coded (quite amateurishly) the basic...
This strategy based on existng indicator available on TV
If finds the reversals for LONG entries ... I have modified the settings to back test it ...
When the price touches lower band , and tries to close above lower band
some signals are mixed up, you can research and look for a confirmation ...
if the middle band is above EMA50 , you can...
This is a strategy tester designed around the most important data from FRED - Federal Reserve Economic Data
As input data, we have:
// Personal Consumption Expenditures
// Real Retail and Food Services Sales
// Leading Index for the United States
// All Employees: Total Nonfarm Payrolls
// Real Gross Domestic Product
// Gross Domestic Product
I adapted the long...
This strategy was designed to be traded on daily data on the ES and SPY—the strategy was originally developed for NinjaTrader, which displays daily ES data based on RTH hours instead of 24 hours (1440 minute) like TradingView does, so we are presenting the results on the SPY until we figure out how to overcome this hurdle.
The strategy combines the two ideas from...
The strategy was designed to be traded based on daily data on the ES and SPY--the strategy was originally developed on NinjaTrader using approximately 50% out of sample data with a slippage of 1 tick on the ES. This is our first strategy that we converted from NinjaTrader to TradingView, so if you see any issues with our conversion, please let us know as we are...
Generates buy or sell signal if monthly candle closes above or below the signal MA.
Long positions only.
-Change timeframe MA
-Change period MA
-Use SMA or EMA
-Use another ticker as signal
-Select time period for backtesting
This script is not necessarily written to maximize profits, but to minimize losses.
Although it can outperform 'Buy &...
THIS SCRIPT HAS BEEN BUILT TO BE USED AS A S&P500 SPY CRASH INDICATOR ON A DAILY TIME FRAME (should not be used as a strategy).
THIS SCRIPT HAS BEEN BUILT AS A STRATEGY FOR VISUALIZATION PURPOSES ONLY AND HAS NOT BEEN OPTIMIZED FOR PROFIT.
The script has been built to show as a lower indicator and also gives visual SELL signal on top when conditions are met....