Chart Patterns

Price Action Trading System v0.3 by JustUncleL 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 corrections: - input for lenLower minval=1 should be maxval=-1 - one bar pullback did not reset trigger, missing some alerts Some Notes about usage: - this is an alert indicator not a signal generator, each alert is a strong trend continuance candidate, but should be treated on it's own merits by looking at chart dynamics and market conditions. - will work well on trending markets only. - works best on the first alert after MACD cross over. - don't take trades when MACD and signal are close together. - don't trade when channel and slow MA are flat or close together or chopper (yellow and blue MA cross over quickly over short period).

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Stochastic CCI MTF w/ UP/DOWN colours - squattter Stoch CCI has a nicer divergence than Stoch RSI. Enjoy!

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Stochastic CCI MTF w/ UP/DOWN colours - squattter Stoch CCI has nicer divergences than Stoch RSI. Enjoy.

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High Low Envelope Sigma Description: High and Low Envelope channel with median line and 'sigma' offsets to try and encapsulate price flow and quickly locate likely areas of support and resistance on the fly.

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Donchian Fibo Channels v2 Updated and fixed version of DFC. - fixed bugs - added permanent setting for direction - added color change for terminal and breakout bars - added smart timings for line of 100% retracement

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Donchian Fibo Channels 1. Set PRZ level for watching 2. Set period as swing time X 2 (or more) 3. Wait rebound from PRZ or PRZ break (use next if break)

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Triple Bollinger Bands I found myself using multiple bollinger bands a lot so I decided to add them all to one script and add the ability to adjust them by 0.2. It has helped me by not taking up as much space in the upper left corner as well as improving my in's and outs of trend continuation trades. If you manage to find a double top at +2 or greater deviation, and with a bearish divergence on the RSI as shown in this picture, GO SHORT SON! This was a fast and easy 35 - 40 pips and if you used your fibonacci for an exit you had little doubt of the final result and could have even been prepared for an immediate reversal knowing you were then at an oversold -2.8 deviation. I could go on and on........

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by TimeFliesBuy

Kay_BBands All right people... !! Here is one more crazy stupid experiment by me while boosing. I call it..... Well Bollinger Bands for now.. If you like it and find it useful, give me suggestions, we can name it. Its was just an idea of removing unnecessary opposite bands (noise i say) and it turned out to be useful to me. After finishing, I saw good locations of support and resistance levels building. Just connect the flat lines it create. See if that interests you...!! Please leave comments below even if you are not in mood. Thanks..

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by trading.kay27

[RS]Auto Regression Channel V0 EXPERIMENTAL: Auto adjusting regressive channel.

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by RicardoSantos

Keltner Channels Oscillator v2 A cleaner aesthetic and an introduction to the indicator's uses. I would also be very appreciative of any Keltner Channels related ideas or concepts you may have run across to add features to this indicator.

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Keltner Channels Oscillator Keltner Channels Oscillator Please post ideas/improvements for a v2.

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High-Low Difference Channels - SMA/EMA I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice. Description / Usage: Adjust length and multiplier much the same way you would expect with Bollinger Bands. Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA) The outer channels are increments of the base channels width, away from the median hl2 sourced SMA (..or EMA)

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[RS]Linear Regression Bands V2 EXPERIMENTAL: added titles to inputs and plots for better understanding what is what(DCC) M = middle, T = top, B = bottom, S = signal.

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by RicardoSantos

London_Underground_V0 www.vdubus.co.uk Another coding mashup experiment It's as simple as London Underground, when price exits the 'RED' main line board the train & get off at the next platform :)

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VDUB_RejectionSpike_v1 this indicator is for use with the Rejection Spike Strategy I recently publish Have't had chance to test it yet so feel free to try. Details of the strategy are listed in the link below

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Cycle Channel Oscillator [LazyBear]Here's an oscillator derived from my previous script, Cycle Channel Clone (). There are 2 oscillator plots - fast & slow. Fast plot shows the price location with in the medium term channel, while slow plot shows the location of short term midline of cycle channel with respect to medium term channel. Usage of this is similar to %b oscillator. The slow plot can be considered as the signal line. Bar colors can be enabled via options page. When short plot is above 1.0 or below 0, they are marked purple (both histo and the bar color) to highlight the extreme condition. This makes use of the default 10/30 values of Cycle Channel, but may need tuning for your instrument. More info: List of my free indicators: bit.ly List of my app-store indicators: blog.pulsewire.com (More info: bit.ly)

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[RS][JR]RSI Donchian Channels RSI Donchian Channels Built by Ricardo and JR Here is a great indicator to use for strong trends. Donchian Channels react immediately to changes in the highest high and lowest low. For strong trends you want to trade when RSI is set along the upper or lower DC-RSI envelope. When the RSI releases from the DC-RSI envelope, you can take the trade off.

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by QuantitativeExhaustion

Wave Channel 3D Wave Channel 3D Built by Ricardo idea from JR & Aloakdutt from indieTrades Jan. 2010 This indicator is very easy to build. We utilize Moving Averages with a set multiplier and an offset. Specially we try to use Fibonacci sequence series numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144...) as time space and multiplier (default 89, 8). Also included is Donchian Channel to locate strong trends and possible future support - resistance. Examples of support/resistance on chart. Dominant Price Trends Future Support Resistance Comparing Fibonacci Series Time Space - Multiplier When Comparing make note of confluence support/resistance showing up with Fibonacci Series Example uses DC When Comparing make note of confluence support/resistance showing up with Fibonacci Series Example without DC / Smooth MA

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by QuantitativeExhaustion

[RS]Fractals V2 added channel option.

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by RicardoSantos

3 projection Indicators - PBands, PO & PB All these indicators are by Mel Widner. Projection Bands : ------------------------------------------------------- These project market data along the trend with the maxima and minima of the projections defining the band. The method provides a way to signal potential direction changes relative to the trend. Usage is like any other trading band. Projection Oscillator : ------------------------------------------------------- This indicates the relative position of price with in the bands. It fluctuates between the values 0 to 100. You can configure the "basis" to make it oscillate around a specific value (for ex., basis=50 will make it oscillate between +50 and -50). EMA of PO (length configurable, default is 5) is plotted as a signal line. There is also an option to plot the difference (oscillator - signal), just like MACD histogram. When you see a divergence in this oscillator, remember that it just indicates a potential movement with in the band (for ex., a bullish divergence shown may cause the price to cross the median and move up to the top band). Projection Bandwidth : ------------------------------------------------------- This shows the % width of the projection bands. A trend reversal is signaled by a high value. Low value may indicate the start of a new trend. This is also a trend strength indicator. More info: drive.google.com Borrowed the color theme for this chart from @liw0. Thanks :)

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Indicator: Custom COG channel This is my custom channel (Bear Channel!? :)) derived from BB/STARC. It uses both ATR/STDEV for plotting the bounds. I use COG (Center of Gravity) for deriving the baseline. This enables it to track the price action better than many other channels that make use of MAs or simply "close". Indicator also marks "squeezes" (stdev bands come inside ATR bands). Pay attention to these, as these usually indicate a move. I am still exploring this indicator on different BTCUSD time frames, would love to hear your feedback / setups for other instruments. Code for this indicator: pastebin.com Code for COG fibs I mentioned in the comments: pastebin.com

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