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The document contains three technical analysis strategies. The first strategy plots a MACD histogram with area coloring to indicate bullish and bearish divergences. The second strategy uses a triple exponential moving average (TEMA) indicator to generate buy and sell signals. The third strategy identifies and plots pin bar and shaved bar candlestick patterns to indicate potential changes in market momentum.

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Cl Isa
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© © All Rights Reserved
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Download as TXT, PDF, TXT or read online on Scribd
160 views

Script

The document contains three technical analysis strategies. The first strategy plots a MACD histogram with area coloring to indicate bullish and bearish divergences. The second strategy uses a triple exponential moving average (TEMA) indicator to generate buy and sell signals. The third strategy identifies and plots pin bar and shaved bar candlestick patterns to indicate potential changes in market momentum.

Uploaded by

Cl Isa
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=2

study(title="Moving Average Convergence/Divergence Histogram/Area",


shorttitle="MACD Histo")
source = close
fastLength = input(17, minval=1), slowLength=input(18,minval=1)
signalLength=input(50,minval=1)
fastMA = ema(source, fastLength)
slowMA = ema(source, slowLength)
macd = fastMA - slowMA
signal = ema(macd, signalLength)
histo = macd - signal

plotColor = if histo > 0


histo > histo[1] ? lime : green
else
histo < histo[1] ? maroon : red

plot(histo, color=plotColor, style=area)

#####################

//@version=3
strategy(title="Moving Average Convergence/Divergence Histogram/Area",
shorttitle="TEMA Strat", overlay=true)
intv = 7
tema = (3 * ema(close, intv)) - (3 * ema(ema(close, intv), intv)) +
(ema(ema(ema(close, intv), intv), intv))
tema2 = tema[1]
tema3 = tema[2]
tema4 = tema[3]
slope = (tema2-tema3)/(tema3-tema4)
plot(tema)
//plot(tema2)
buy() => crossover(close[1], tema2) and crossunder(close[2], tema3) and (close[1] >
open[1])
sell() => crossunder(close[1], tema2) and crossover(close[2], tema3) and (close[1]
< open[1])
//stop_level = strategy.position_avg_price * 0.998
//buy = close[1] > tema2 and close[2] < tema3
//sell = close[1] < tema2 and close[2] > tema3 and slope <= 1
strategy.entry(id = "long_tema", long = true, when = buy())
strategy.close(id = "long_tema", when = sell())
//strategy.order("Stop Loss", false, stop=stop_level, oca_name='L',
oca_type=strategy.oca.cancel, when=buy() and strategy.position_size > 0)
//plot(stop_level, color=red, style=linebr, linewidth=2)
//plotshape(buy, color=lime, style=shape.arrowup, text="Buy",
location=location.belowbar)
//plotshape(sell, color=red, style=shape.arrowdown, text="Sell",
location=location.abovebar)

#########################
// Simple, non-intrusive price action indicator by Zeenobit
// Based on "CM_Price-Action-Bars-Price Patterns That Work!" indicator by
ChrisMoody (Chris Capre from 2nd Skies Forex)
// The main difference is that this script uses shapes instead of bar colors.

//@version=3
study("Price Action", overlay=true)

pinBarTolerance = input(66, minval=1, maxval= 99, title="Pin Bar Tolerance


(%)")
pinBarLength = input( 6, minval=1, maxval=100, title="Pin Bar Historical
Trend Periods")
shavedBarTolerance = input( 5, minval=1, maxval= 99, title="Shaved Bar Tolerance
(%)")
enablePinBars = input(true, title="Enable Pin Bars")
enableShavedBars = input(true, title="Enable Shaved Bars")

cp = pinBarTolerance * 0.01
cpo = 1 - cp
cs = shavedBarTolerance * 0.01

range = high - low

isPinBarUp() => enablePinBars and open > high - (range * cpo) and close >
high - (range * cpo) and low <= lowest (pinBarLength)
isPinBarDown() => enablePinBars and open < high - (range * cp ) and close <
high - (range * cp ) and high >= highest(pinBarLength)
isShavedBarUp() => enableShavedBars and close >= (high - (range * cs))
isShavedBarDown() => enableShavedBars and close <= (low + (range * cs))

plotshape(isPinBarUp(), style=shape.triangleup, color=lime,


location=location.belowbar, title="Bullish Pin Bar")
plotshape(isPinBarDown(), style=shape.triangledown, color=red,
location=location.abovebar, title="Bearish Pin Bar")

plotshape(isShavedBarUp(), style=shape.square, color=green,


location=location.abovebar, title="Bullish Pressure")
plotshape(isShavedBarDown(), style=shape.square, color=maroon,
location=location.belowbar, title="Bearish Pressure")

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