Mohanee

Zweig Market Breadth Thrust Indicator Strategy The Breadth Thrust Indicator is a technical indicator which determines market momentum, signaling the start of a potential new bull market. The Breadth Thrust Indicator was developed by Martin Zweig, an American stock investor, financial analyst, and investment adviser. According to Zweig, the concept is based on the principle that the sudden change of money in the investment markets elevates stocks and signals increased liquidity. In other words, this indicator is all about how quickly the NYSE's advancing and declining numbers go from poor to great in a compressed time period. A "Thrust" indicates that the stock market has rapidly changed from an oversold condition to one of strength, but has not yet become overbought. This is very rare and has happened only a few times. Dr . Zweig also points out that most bull markets begin with a Breadth Thrust. More info can be found at www.investopedia.com I have inspired by indicator introduced in PulseWire by LazyBear and adopted the logic from there. Thanks LazyBear !!! Though indicator signals the new Bull market, but I have not found much information how to use it in daily market. So I had come up with a strategy, which would allow us to trade SPY, QQQ , AMEX and securities under these markets. I have used MA setting as 65 (since Zweig indicator setting was 10 days , based on that I set 65 for Hourly chart ... 10d x 6.5 Hrs = 65 in my startegy). You have to change this setting if you change the timeframe. Also , note that this strategy is for Stock Market only. Strategy Rule/Settings =================== Select the market type based on your security symbol. SPY => use NYSE QQQ => use NASDAQ any other security => check exchange it was listed and select the corresponding market. if you dont know , use COMBINED option BUY ==== when indicator cross 0.40 from below Note: 1. see how well it picks the bottoms ... example : Nov 2020 .... 2. setting 0.45 is also produces good results , only thing is you get more signals. EXIT ===== Exit when indicator cross down from 0.60 . I have used RSI (5) for partial exits. These two are available in settings Close the whole position when indicator crossing down 0.40 STOP LOSS ========= defaulted to 5% Please Note , I have tested SPY , QQQ on Horly chart with MA 65. You need to chnage the MA setting based on your time frame and check the results. WARNING ======== For the use of educational purposes only

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RSI of MACD Strategy [Long only]This strategy uses the RSI on MACD indicator. BUY ==== When RSI indicator crossing over 30 or 35 line and price above slow ema Note: when the position already taken, you may reenter on the purple candle Partial Exit ========== Partial profit taking option is available in settings. If this is selected , 1/3 position exited when RSI indicator crossing down 80 line Close ===== When RSI indicator crossing below 15 Stop Loss ========= I havent used hard stop loss in this strategy. Reason is , when price going down , indicator may go up ... so just wanted to ride along with indicator ... Stop loss mentioned in the settings is used in calculation of how many units can be be purchased based on risk level Tested with SPY and QQQ ETFs on hourly chart Warning ========= For the eductional purposes only ... This is not a financial advise. please do your own research before taking any trading decission

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Ultimate Oscillator [Long] Strategy After I published Short Selling strategy with RSIofUO , I have been working for Long side strategy with same indicator. but for Long strategy , I have used only the Ultimate Oscillator ... (Not the RSI of UO) Logic behind this is , when UO goes below oversold level , high chance of possible reversal from there ... Ultimate Oscialltor values , I have used are 5, 10 and 15 Signal Line 9 Above values are best/defaulted based on testing the strategy multiple symbols BUY when UO crossing up buyLine and close > open ( if the cross over is already done , it will wait for 3 candles to see a green bar i.e close>open ) Note when the bar color changes to orange , that means startegy is ready to take LONG position on next bar. But dont jump here , waith for the startegy take the Long Position :-) Add Signal appears when there is divergence (marked in yellow color ) ... strategy doesnt add the position , it is ony indicating you could add to existing OR if you missed the BUY signal you could enter here Partial Exit when UO crossing down partial exit level Exit When UO crossing down sell line StopLoss stop loss defaulted to 3% Please note , I have slightly modified stop loss exit in this strategy. Even though price hits 3% stoploss , strategy wont wind up the position ... First , it will check if RSIofUO is above 30 , then it will hold on to the Long position. Very reason behind this is , price is falling down and UO is going up ... That means there is bullish divergence here .. so it might turn this losing position to profitable one or will exit you with less than 3% loss. Tested with SPY , QQQ , TSLA on 30mins to 4hrs. Though winning rate is average , net profit is exponential ... Best working on 30 mins and 1 HR chart for QQQ Warning For the eductional purposes only ... This is not a financial advise , before taking trading decission please do your own research

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RSI of Ultimate Oscillator [SHORT Selling] Strategy This is SHORT selling strategy with Ultimate Oscillator. Instead of drectly using the UO oscillator , I have used RSI on UO (as I did in my previous strategies ) Ultimator Oscillator settings are 5, 10 and 15 RSI of UO setting is 5 Short Sell ========== I have used moving averages from WilliamAlligator indicator --- settings are 10(Lips), 20(teeth) and 50 (Jaw) when Lips , Teeth and Jaw are aligned to downtrend (that means Lips < Teeth < Jaw ) Look for RSIofUO dropping below 60 ( setting parameter is Sell Line ) Partial Exit ========== When RSIofUO crossing up Oversold line i.e 30 Cover Short / Exit ================= When RSIofUO crosisng above overbought line i.e 70 StopLoss ======== StopLoss defaulted to 3 % , Though it is mentioned in settings , it has not been not used to calcuate and StopLoss Exit... Reason is, when RSIofUO already crossed 60 line (for SHORTING) , then it would take more efforts go up beynd 60. There is saying price takes stairs to climb up but it takes elevator to go down. I have not purely depend on this to exit stop loss, however noticed the trades in this stratgey did not get out with loss higher than when RSIofUO reaching 70 level. Note ====== Williams Alligator is not drawn from the script. It is manually added to chart for illustration purpose. Please add it when you are using this strategy , whch woould give an idea how the strategy is taking Short Trades. This is tested on Hourly chart for SPY Bar color changes to purple when the strategy is in SHORT trade Warning ======== For the eductional purposes only

Strategy

RSI of VWAP [SHORT selling]This is SHORT selling version of RSIofVWAP strategy. Settings and Logic are totally different from LONG side version , hence I am publishing it as a new strategy. Settings ============ VWAP of RSI Length 15 Slow EMA Length 200 Short entry level 25 Cover short level 70 stop loss 5 SHORT Entry ============ condition1 : When RSIofVWAP crossdown below 25 and VWAP is below ema200 condition2: When weekly RSIofVWAP crossdown 70 and VWAP (note : session vwap , not weekly vwap) is below ema200 condition3: Use VIX value , if you want to short when the price is above ema200 vwap RSI crossing down 70 and VIX RSI is cossing up 70 enter short ... This is like falling knife :-) I need to add the code -- later if any of above condition is TRUE , SHORT entry will be taken Take Profit ============ When close less than short entry price and RSIofVWAp is crossing up 25 , take profit ...close 1/3 of the position Exit ============ When RSIofVWAP crossing up 70 level Stop Loss ============ Stop Loss is set to 5% Note: 1. When strategy is in SHORT position , background and bar color changes to gray 2. When strategy is already in short position , possible entries are shown in yellow background 3. RSI Length 15 is working most of the equities on hourly chart. ( RSI length 9 and 14 also works good , but not for all ... You may want to try which setting works for your symbol) 4. weekly VWAP (blue color) is also plotted by default ... you can disable it if you dont want to see it. But there is advantage keeping it on the chart , you can notice whenever weekly VWAP crosses above 70 line , trend is UP ... if you have LONG position you can hold on it ... Hurray :-) Warning ============ For the educational purposes only

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BBofVWAP with entry at Pivot Point This strategy uses BB of VWAP and Pivot point to enter and exit the Long position. settings BB length 50 BB Source VWAP Entry When VWAP crossing up BB midline and price/close is above weekly PivotPoint ( you can also use Daily pivot point ) Exit When VWAP is crossing down BB lower band Stop Loss Stop loss defaulted to 5% Note : Long will position will be exited on either VWAP crossing down BB lower band or stop loss is hit - whichever comes first . Being said that some time your stop loss exit is less than 5% which saves from more losses. Entry is based on weekly Pivot point , so any time frame below weekly will work perfect. I have tested t on 30 min , 1 HR , 4 Hr , Daily charts. Even weekly setting shows good results , that will work for long term investing style. if you change Pivot period to Daily , chose time frames below Daily. I also noticed this strategy mostly do not enter Long position in a down trend. Even it finds one , it will be exited with minimal loss. Warning For the use of educational purposes only

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VWMA_withATRstops_strategy This strategy follows the trend when price is above VWMA indicator. I have modified entry and exit rules to get most out of it. Instead of entering LONG when price crosses above VWMA, I have used RSI(14) of VWMA . that way it skips the false signals. (some extent) ENTRY ======== 1. VWMA setting is 33 2. When RSIofVwma is above 30 enter Long ( and also checks if price already broke the ATR Stop above line ) Stop Loss and Exits ================== 1. Exit is when price breaks the ATR stop loss 2. ATR setting is set as same VWMA Length and multiplier is 3.5 3. STOP Loss that I mentioned in the settings is being used to calculate the how many units can be purchased based on risk of capital value. Note: There is NO hard stop loss. having above ATR stop loss works as Trailing stop loss Warning ======= For the educational purposes only

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EMA_cumulativeVolume_crossover[Strategy]This strategy is back test for EMA_cumulativeVolume_crossover BUY When ema50 crossover cumulative volume of 100 period Exit When ema50 cross down cumulative volume of 100 period Partial Exit for the partial profit I have used stopLoss value , but up side. When price is above partial profit and crossing down EMA 50 , exit 1/3 position Please note when you select this setting, you see spike number of trades, that is because you closing partial number of trades. which increases the winning rate but reduces the total net profit. Stop Loss Defaulted to 8% Added parameter to take LONG or SHORT trades ... on SHORT side not very good results ... you can review it and provide feedback how to improve the performance. Short Selling Reverse above BUY conditions I have tested LONG trades on SPY , QQQ and AAPL on 1 Hour and 30 mins timeframes. for AAPL on DAY timeframe it shows crazy results :-) Note For the use of educational purposes only.

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EMA_cumulativeVolume_crossover [indicator]while I was doing some research with exp MA crossovers and volume indicator , I have noticed that when ema 50 is above cumulative volume of 100 period , shows to capture nice profits in that trend. Shorting also (ema50 cross down volume of 100 period) also shows nice results. BUY When ema50 crossover cumulative volume of 100 period Exit When ema50 cross down cumulative volume of 100 period Short Selling Reverse above BUY conditions Back ground color shows blue when ema50 is above cumulative volume of 100 period, shows purple when ema50 is below cumulative volume of 100 period I will publish the strategy for back testing later today Warning For the use of educational purpose only

Indicator

RSI of VWAP This strategy inputs the vwap as source to RSI indicator. ENTRY When RSIofVwap crossover 70 and price is above ema200 partial exits when RSIofVwap reaches 90 level take a portion of profit Exit When RSIofVwap crossdown 30 stoploss defaulated to 5% Risk Level Defaulted to 10%. Based on this startegy calcuclates hiw many units can be purchased adhering to stoploss value Note: code doesnt draw the RSI (vwap) indicator to the chart. if you want to see how these signals are generated , you can select RSI and VWAP of 14 period length. warning For educational purposes only

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BB21_MA200_Strategy This strategy follows the trend and keeps you in the trend until it breaks SMA 200 SMA setting is 200 BB setting is 21 BUY ==== when BB is (lower band and upper band) above SMA 200 and price crossing above BB middle line Partial Exit ========== When Lower BB crossing down SMA200 , exit 30% Total Exit ========= When BB middle band crosses down SMA200 , exit ALL Stop Loss ====== default is set to 5% Risk Management ================ This is new parameter I have introduced in my strategies. Default value is 10% . That means , if your capital is 10000 , you are willing to risk 10% of it ... i.e 1000. It doesnot mean that you are buying shares/units for 1000 only. It is different ...see below Your trade size is calculated based on Risk% .... capital x risk 5 / stop Loss units for further explanation you can check Alexander Elder's risk management rule. He mentioned 2% rule for 100K account. But most of us dont have 100K accounts .. . so I have defaulted 10% on 10K account. You can change this values and see the results. It wont change the number of trades or profit factor. It will increase the net profit. Warning ======= For educational purposes only

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EMA_HMA_RSI_Strategy This strategy BUYS when HMA is below EMA (default setting is 200) and HMA turning to green and RSI 13 is below 70 Adds to existing position when current price is below BUY price and RSI crossing above 30 or 40 Exits the long position when HMA crosses down EMA when you select Take Profit setting , partial profits are taken when current price > BUY price and RSI 13 crossing down 80 Bar color changes to purple when RSI13 is above 80 (if only in Long position exists) Tested for SPY QQQ AAPL on hourly and 30 mins chart Warning : For educational purposes only

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Aroon Oscillator Strategy This is simple strategy based on Aroon Oscillator. I have found that using length 144 or 169 on hourly chart shows excellent results. Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs) Aroon Oscillator setting : 169 ( 169 is square root of 13 ... you can also use fib level 144 , which is square root of 12 ) BUY When Aroon Oscillator crosses above zero line Add if Long position is already opened, and current close is less than BUY price and RSI 13 crossing above 30 line Exit when Aroon Oscialltor crosses below zero line Stop Loss default stop loss has been set to 5% Note: I have not plotted RSI to the chart. Please include RSI 13 to see how position gets added ... Also add ema 169 to see how the price is aligned with the Aroon Oscillator Warning For the educational purposes only

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Golden Triangle Strategy Golden Triangle strategy setup is a variation of the buy-the-dip strategy, by Charlotte Hudgin. You can find the detailed explanation here by Thomas N. Bulkowski thepatternsite.com BUY === 1. price should be trading above sma50 2. when it touches sma50 first time , check the starting rallypoint of where it initiated 3. from the above point to current close , see if you have white space , then draw the triangle 4. then check for volume confirmation ( current volume should be greater than last 4 ) --- I have slightly changed this to fit into hourly strategy by adding condition close>vwap EXIT ==== 1. Exit when close crossing down sma50 with at least 2% profit (slightly modified original condition) StopLoss ======== 2. stop loss is set to 6% Warning ======= For the use of educational purposes only

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VWAP and BB strategy [EEMANI]This strategy combines VWAP and BB indicators BUY RULE 1. EMA50 > EMA 200 2. if current close > vwap session value 3. check if price dipped BB lower band for any of last 10 candles EXIT RULE 1. price closes above BB upper band STOP LOSS EXIT 1. As configured --- default is set to 5% warning: for the use of educational purposes only

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ADX strategy (considering ADX and +DI only )I have been checking the strategies on ADX indicator. I have found that +DI crossing above ADX line under threshold 30 and exit on crossdown when ADX above 30 has better results than just following crossovers of +DI and -DI , ADX crossing above 30 . BUY Rule ======== fast ema is above slow ema (default 13 and 55 , you can change these values in settings) +DI cross above ADX well beloe threshold level (default 30) Exit reule ======== when +DI cross down ADX , well above on threshold level Stop Loss ========= Default is set to 8% Take a look and let me know how your symbol works with this strategy Note : Bar color changes to yellow when the BUY condition is met. Bar color and Background color shows to blue --- if Long position is active fast ema and long ema doesnt print on the chart -- please add manually to the chart Warning : for the use of educational purposes only

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RSI W Pattern strategy This strategy is similar to RSI V pattern strategy, but it looks for W pattern in RSI chart. RULES ====== BUY 1. ema20 is above ema50 2. RSI5 crossing up 30 from oversold area 3. and RSI5 must be below overbought area (default value set to 65) Add to existing Position 1. You can add on the next W pattern OR 2. if RSI5 is crossing up from below 20 Exit 1. when RSI5 reaches 75 Note: This is for short term/swing trading . which gets on when price dip in trending and quickly gets you out on RSI overbought area

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RSI Divergence Indicator (with alerts)Many have requested me for indicator version with alerts for the RSI Divergence strategy. Here is the one ... Please note alert triggers in delay by number of bars defined in the settings. (same as strategy) ... Bar color also changes when alert triggers ... Yellow Bar shows BUY Purple Bar shows EXIT ( Exit the Long position ... NO SHORTing ) On each Yellow Bar can be added to existing position On each Purple Bar , exit partial position OR exit the whole position Appreciate your feedback. Warning Use for education purpose only ...

Indicator

RSI5_50 with Divergence This is variation of RSI Divergence strategy. I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI settings ========= short term RSI period 5 long term RSI period 50 stopLoss is 8% --- if setting is enabled BUY Rule ======== RSI 50 is above 50 line short term RSI is showing divergence Add to existing ============== if already in position, BUY when shorTermRSI is crossing above 20 TakeProfit ========= when longTermRSI reaches 60,65, 70 and 75 level , take partial profits . (not when crossing down --- This may affect on profits , because when price goes down , it goes very fast ) Exit ===== when longTermRSI is crossing down 30 OR stopLoss value hits Note: When I tested this with GOOGL stock , I have got excellent results ... any experts there , please check everything is good with scripting ... Happy Trading

Strategy

RSI V Pattern Indicator This is the indicator version of RSI V Pattern strategy alertconditions added. Note: This beta version , I still need to fix the color for the Exit when trade is not in Long ...

Indicator

RSI V Pattern strategy This strategy based on RSI for swing trading or short term trading Strategy Rules ============= LONG 1. ema20 is above ema50 --- candles are colored green on the chart 2. RSI value sharply coming up previous candle1 low is previous candle2 low and previous candle1 RSI value is less than previous candle2 current candle RSI value is greater than previous candle1 and crossing above 30 above which makes a V shape on RSI indicator, colored in yellow on the chart , price bar is colored in yellow 3. Enter Long when the above V pattern occurs EXIT LONG 1. when the RSI reaches 70 , close half position and move stop loss to up 2. when RSI reaches high value 90, close 3/4 position 3. when RSI crossing below 10 OR stopLoss hit , whichever happens first , close whole position Note : take profit levels are colored in blue on RSI and Price candles I have tested SPY , QQQ on daily chart , performance results are with 80% win rate and more than 3 profit factor Happy Trading

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RSI Divergence Indicator strategy This strategy is based on RSI divergence indicator. RSI period setting 5 Go Long when Bull or Hidden Bull is shown Exit when RSI goes above 75 OR when bear condition appears

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