Mar-How To Plot HTF EMA in TradingView Chart using Pine Script? Today’s lesson will cover how to access higher timeframe price data in your custom Pine Script indicators. As always, this lesson builds on the knowledge from previous lessons, so if anything doesn’t make sense here please go back through the other lessons where everything we’re…
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In this episode I’ll show you how to detect basic candlestick patterns using Pine Script. We’ll focus solely on Engulfing Candles for now, but the process involved in identifying them is similar for all other candle patterns such as pinbars, shooting stars and hammers, dojis, higher-high higher-close and lower-low lower-close candles. If you’re inexperienced with…
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In this episode, we will be scripting a pattern recognition strategy to trade based on Bearing and Bullish Engulfing patterns. Bearing and Bullish Engulfing strategy I am not going to go into the details of whats bearish or bullish engulfing, we talked about it in multiple videos and sessions already. So if you have queries…
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In this episode, we are going to create a multi time frame indicator. Sometimes, we want data from one TF on another timeframe. Simple example is daily pivot point. Regardless of any timeframe we are trading like 5M, 15Min, 1 hour, we always want out pivot points to be plotted based on the daily timeframe…
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OHOL Strategy In this episode, we will be scripting a Strategy for intraday traders to trade using a simple OHOL. This strategy is back-testable. So, let’s begin with the rules…. Rules Buy : We need to buy, If low price of the stock is equal to it’s open price, as this indicates buying pressure. Short :…
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How to modify our scripts without coding? A cool feature about Pine script is that we can create custom inputs to easily change the parameters of our strategies and indicators. We have discussed about this in detail in one of the earlier episodes. Let’s take it a step further now Take a look at any…
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52 Week HL Strategy In this episode, we will be scripting a Strategy for intraday traders to trade using a simple 52 Week HL. This strategy is back-testable. So, let’s begin with the rules…. Rules Buy : We need to buy, If price closes above the 52 Week High Short : We need to short, If…
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This can be used as base for 52 Week HL Strategy and as a base for any breakout trade as well. But in this episode, we will be focussing on triggering reversal trades when a stock moves by 3%. So if a stock moves up by 3%, we will short it and viceversa. This is…
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Nov-Algo Trading using Gap Breakout Strategy In this episode, we will be scripting a Strategy for intraday traders to trade the gap ups and gap downs based on price breakout. This strategy is back-testable. First, let’s discuss about the strategy. This involves GAP breakout.. Strategy is very simple. when the market open with gap up and…
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How to set targets and stop losses dynamically? In our last episode, we created a simple crossover strategy. In that strategy, the trade execution was determined by moving average crossovers and crossunders. We will now build on that script and set specific stop losses and take profits instead of waiting for crossovers to happen to…
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