EMA with Supertrend As Source

Supertrend is a trend following indicator which can be used to identify upward or downward
trends.

BUY{
SET ST = SUPERTREND(7,3,SIMPLE);
SET MA = EMA(ST,9);
MA > ST AND MA <= (ST * 1.005) AND CLOSE > MA;}

SELL{
SET ST = SUPERTREND(7,3,SIMPLE);
SET MA = EMA(ST,9);
MA < ST AND ST <= (MA * 1.005) AND CLOSE < MA;}

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Swing Index (SI)

The Swing Index (Wilder) is a popular indicator that shows comparative price strength within a single security by comparing the current open, high, low, and close prices with previous prices.

BUY{
SET TP1 = TP();
SET MA = WMA(TP1,50);
SET SI1 = SI(2);
SET MA1 = EMA(SI1,21);
CROSSOVER(TP1,MA) AND REF(MA1,1) < 0.01 AND REF(CLOSE,1) > REF(OPEN,1);}

LONGEXIT{
SET TP1 = TP();
SET MA = WMA(TP1,50);
SET SI1 = SI(2);
SET MA1 = EMA(SI1,21);
CROSSOVER(MA,TP1) AND REF(MA1,1) > 0.01 AND REF(CLOSE,1) > REF(OPEN,1);}

SELL{
SET TP1 = TP();
SET MA = WMA(TP1,50);
SET SI1 = SI(2);
SET MA1 = EMA(SI1,21);
CROSSOVER(MA,TP1) AND REF(MA1,1) > 0.01 AND REF(CLOSE,1) > REF(OPEN,1);}

SHORTEXIT{
SET TP1 = TP();
SET MA = WMA(TP1,50);
SET SI1 = SI(2);
SET MA1 = EMA(SI1,21);
CROSSOVER(TP1,MA) AND REF(MA1,1) < 0.01 AND REF(CLOSE,1) > REF(OPEN,1);}

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Parabolic Stop and Reversal (Parabolic SAR)

Author Welles Wilder developed the Parabolic SAR. This indicator is always in the market (whenever a position is closed, an opposing position is taken). The Parabolic SAR indicator is most often used to set trailing price stops.

BUY{
SET PS = PSAR(0.2,0.02);
SET MA = EMA(PS,21);
SET MA2 = SMA(CLOSE,50);
CROSSOVER(MA,PS) AND CLOSE < MA2;}

LONGEXIT{
SET PS = PSAR(0.2,0.02);
SET MA = EMA(PS,21);
SET MA2 = SMA(CLOSE,50);
CROSSOVER(PS,MA) AND CLOSE > MA2;} 

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Double (D-EMA) and Triple Exponential Moving Average (T-EMA)

D-EMA and T-EMA apply more weight to the most recent data in an attempt to smooth out noise while still remaining highly reactive to changes in the data.

D-EMA = 2*EMA – EMA(EMA)

Triple Exponential MA Formula:

T-EMA = (3*EMA – 3*EMA(EMA)) + EMA(EMA(EMA))

 

BUY{
SET MA = EMA(CLOSE,9);
SET MM = EMA(MA,5);
SET 2MA = 2 * MA;
SET DMA1 = 2MA - MM;
SET 3MA = 3 * MA;
SET 3MM = 3 * MM;
SET MMM = EMA(MM,21);
SET TMA1 = 3MA - 3MM - MMM;
SET RM = RMI(CLOSE,15,15);
CROSSOVER(TMA1,DMA1) AND RM < 25;}

SELL{
SET MA = EMA(CLOSE,9);
SET MM = EMA(MA,5);
SET 2MA = 2 * MA;
SET DMA1 = 2MA - MM;
SET 3MA = 3 * MA;
SET 3MM = 3 * MM;
SET MMM = EMA(MM,21);
SET TMA1 = 3MA - 3MM - MMM;
SET RM = RMI(CLOSE,15,15);
CROSSOVER(DMA1,TMA1) AND RM > 70;}

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Chaikin Volatility (CV)

The Chaikin Volatility Oscillator is a moving average derivative of the Accumulation / Distribution index. This indicator quantifies volatility as a widening of the range between the high and the low price.

 

BUY{
SET VOL = CV(50,2,SIMPLE);
SET TRIG = REF(VOL,1) * 3;
SET MA = SMA(CLOSE,100);
VOL >= TRIG AND REF(VOL,1) > 0.1 AND CLOSE > MA;}

LONGEXIT{
SET MA = EMA(CLOSE,9);
CROSSOVER(MA,CLOSE);}

SELL{
SET VOL = CV(50,2,SIMPLE);
SET TRIG = REF(VOL,1) * 3;
SET MA = SMA(CLOSE,100);
VOL >= TRIG AND REF(VOL,1) > 0.1 AND CLOSE < MA;}

SHORTEXIT{
SET MA = EMA(CLOSE,9);
CROSSOVER(CLOSE,MA);}

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Median Price (MP) And Weighted Moving Average (WMA)

A Median Price is simply an average of one period’s high and low
values.A Weighted Moving Average places more weight on recent
values and less weight on older values.

 

BUY{
SET MA200 = EMA(CLOSE,200);
SET MD = MP();
SET MA = WMA(MD,50);
MD > MA AND CLOSE > MAX(HIGH, 10) AND CLOSE > MA200;}

SELL{
SET MA200 = EMA(CLOSE,200);
SET MD = MP();
SET MA = WMA(MD,50);
MD < MA AND CLOSE < MIN(LOW, 10) AND CLOSE < MA200;}

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Williams Accumulation / Distribution (WAD) AND Keltner Channels

Keltner channels are calculated from the Average True Range and shifted up and down from the median based on the multiplier.The Accumulation / Distribution indicator shows a relationship of price and volume.

BUY{
SET KT = KCT(21,SIMPLE,1.1); 
SET KB = KCB(21,SIMPLE,1.1); 
SET WD = WAD();
SET MA = EMA(WD,50);
WD > MA AND CLOSE > KB AND REF(CLOSE,1) < REF(KB,1);}

LONGEXIT{
SET KT = KCT(21,SIMPLE,1.1); 
SET KB = KCB(21,SIMPLE,1.1); 
SET WD = WAD();
SET MA = EMA(WD,50);
CROSSOVER(MA,WD);}

SELL{
SET KT = KCT(21,SIMPLE,1.1); 
SET KB = KCB(21,SIMPLE,1.1); 
SET WD = WAD();
SET MA = EMA(WD,50);
MA > WD AND CLOSE < KT AND REF(KT,1) < REF(CLOSE,1);}

SHORTEXIT{
SET KT = KCT(21,SIMPLE,1.1); 
SET KB = KCB(21,SIMPLE,1.1); 
SET WD = WAD();
SET MA = EMA(WD,50);
CROSSOVER(WD,MA);}

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Elder Ray Bull Power (ERP) AND Elder Ray Bear Power (ERBP)

Elder-Ray Bull Power Index is a technical indicator developed by Alexander Elder. It measures the amount of buying momentum in the market.Elder-Ray Bear Power developed by Alexander Elder, measures the amount of selling momentum in the market.

 

BUY{
SET BUP = ERP(13,EXPONENTIAL);
SET BEP = ERBP(13,EXPONENTIAL); 
BUP > 0.001 AND BEP < 0.001 ;}

SELL{
SET BEP = ERBP(13,EXPONENTIAL); 
SET BUP = ERP(13,EXPONENTIAL);
BEP > 0.001 AND BUP < 0.001;}

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USE OF CROSSOVER Function :

The CROSSOVER function helps you one series has crossed over another. For
example, we can find the exact point in time when one moving average
crossed over another by using the CROSSOVER function:

BUY{
CROSSOVER(EMA(CLOSE,21),EMA(CLOSE,50));}

LONGEXIT{
CROSSOVER(EMA(CLOSE,50),EMA(CLOSE,21));}

SELL{
CROSSOVER(EMA(CLOSE,50),EMA(CLOSE,21));}

SHORTEXIT{
CROSSOVER(EMA(CLOSE,21),EMA(CLOSE,50));}

1

Heikinashi Cntd.

BUY : when two continuous GREEN candle formed then above
high of previous candle.

SELL : when two continuous RED candle formed then below
low of previous candle.

[HEIKINASHI]
BUY{
SET PC2 = REF(CLOSE,2);
SET PC1 = REF(CLOSE,1);
SET PO2 = REF(OPEN,2);
SET PO1 = REF(OPEN,1);
PC2 > PO2 AND PC1 > PO1 AND PC1 > PC2 AND PO1 > PO2 AND 
CLOSE > REF(HIGH,1);}

LONGEXIT{
CROSSOVER(EMA(CLOSE,5),CLOSE);}

SELL{
SET PC2 = REF(CLOSE,2);
SET PC1 = REF(CLOSE,1);
SET PO2 = REF(OPEN,2);
SET PO1 = REF(OPEN,1);
PC2 < PO2 AND PC1 < PO1 AND PC1 < PC2 AND PO1 < PO2 AND 
CLOSE < REF(LOW,1);}

SHORTEXIT{
CROSSOVER(CLOSE,EMA(CLOSE,5));}

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