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Compound Divergences, open source
Confirming one divergences with another
RSI Swing Failure open-source script?
Swing Failure of RSI is well-recognised trading pattern. Just Google it: https://www.google.com/search?q=rsi+swing+failure I'm asking if somebody has coded an indicator, which automatically recognizes it - any maybe draws on chart or places orders
Algo-generated Support/Resistance lines - advanced
I'm a programmer, working on an algorithm based on a structure of SR lines. Would like to discuss it with somebody who analysed this topic, too. I have a structure of 40 SR lines, generated on multiple timeframes, but it is not very obvious for me when to expire these lines. Some rules which I
Looking for range detector
How can I detect that market is ranging? Is there an indicator for that? Indicator, which would return two values: top of range and bottom of range. To check when a breakout of the range happens
What is the best ATR multiplier for Chandelier Stop in 1m trading?
Usually I find 3 x ATR(14) in open source scripts, but I think it is too narrow for 1m trading. 6? 7? (I mainly trade EURUSD , but happy to learn about other markets too)
How to recognise, that the sideways market is starting?
I have observed one rule, but I'm not 100% happy about it: * if none of two consecutive Stoch(14,5,5) swings reaches 80/20, then sideways market could be starting. Would be happy to learn what other traders are doing
Red Renko candle and green volume bar?
Guys, how do I interpret this: Renko candle is red (bearish) and volume bar is green (bullish)? What does it mean? Note: these are Renko bricks, I'm using OVO.CZ to display them. And Volume indicator is the Volume indicator standard for MT4
Looking for simple Renko EA
Can somebody recommend a good Renko EA? The concept is so simple, that probably somebody did this before: - trade should be flipped after 1, 2 or 3 bricks in the same direction (this 1, 2, 3 should be configurable) - Renko brick size should be configurable I'd like to be able to backtest it. Ideally
What is the best best method for automated drawing of S/R levels?
Or maybe an EA ? I'm trading 1m chart
Anybody using TradingView?
If so - how are you guys auto-trading TradingView alerts in MT4/MT5