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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