Indicator “Candle & TMA8 open”

Indicator “Candle & TMA8 open”

Hi all,

Here is an indicator coded for one of the readers of my website.

We BUY if :

  • bullish candle (close > open)
  • close and open > triangular moving average 8, applied to open
  • lowest of the candle < TMA8 with at least 1 pip below the TMA8
  • size of the inferior shadow  > size of the body
  • size of the upper shadow <= 2 pips
  • no doji : size of the body >= 3 pips

Of course, we SELL for opposite conditions.

So here is the code :

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. bluetime6 • 140 days ago #

    Hello Doctrading.

     

    Can you ask you for something?

    Can you code a screener screen pop guns?

    And the screener change to use for a strategy with

    entry after long triggercandle + x-points,

    stop after x-percent of the trigger candle,

    takeprofit of x-percent (maybe with/like fibo-levels)

    ?

    kind regards?

    blue

avatar
Register or

Likes

avatar avatar avatar avatar
Related users ' posts
dzim0032 J'avais oublié de mettre un commentaire pour la vente du scalper dont les règles sont justes...
supertiti Felicidades Laurenzo d'avoir pris le temps pour ce gros travail et en plus dans l'esprit du ...
gatarayihajp Hello,  It's very interesting indicator. Could you explain more about it? Thank a lot
Stefanb Wing Can i find you on Twitter?
Toto le Heros Hi Wing, Your code looks quite interresting. I was wondering if you could develop a bit mo...
Pietro Fontana Hi Wings, i did not found a forum thread for this interesting system so i post my comment he...
Tedvin Nice one, thanks a lot Maz :)
victormork Thanks Man!!
MtraderWD40 Many thanks for sharing this, simple but a great indicator. Used it successfully for visual ...
David Balance thanks for sharing this excellent indicator.  Here are some thoughts.  please ad...
supertiti Il manque 2 slash devant len dans le code dur car la variable ne marche pas bonne journée
ade1 Hullo Nicolas, when i put the indicator on my chart ,it comes as an indicator below the cha...
Nicolas Apply it on price instead with the wrench on the upper left side of the price chart.
ade1 thankyou
bjoern With the same parameters? For me the results are negative
bjoern Oh ok, with the initial posted parameters it is positive
victormork yes! It's not like you want to put it on live but when I for example take the version I have...
Raspoutine Hi Nicolas,The results are not identical   ma200 = Arevage(200) //c4 = summation[2...
Magela01 is this ok with AMibroker?
Nicolas Prorealcode is a website about prorealtime trading platform programming, this code will not ...
gabri Kris, let me know which color you want to use. The lines to change are the 22,23,24.
paulon Hi Gabri.  Very interesting indicator.  I changed the colours to if v>=v[1] thenr=0g=255b...
gabri Paulon, you are right, I used the variable b in too many places :) Try to change the follo...
Sofitech What is the timeframe(s) you woul suggest to use for this method ?On Forex and/or on stock m...
Doctrading Hello, Higher timeframes are better. I suggest D1 or H4.Best regards,
Nicolas What are you calling a finished strategy? This one has been coded by a request on forums, si...
clanli Hi Nicolas Thanks for a fantistic piece of code. I tried the following with really good res...
rama where is Z variable in the program? i want to have look back period says 3 candles. I want...
barbagio  Hola David, estaba mirando tu trading system y me preguntaba si ya lo habias probado en un ...
David Somogyi Hola Giovanni, Solo lo he probado en libra dólar vs USD, en demás divisas no funciona con e...
David Somogyi Hola Giovanni, Solo lo he probado en libra vs USD, en demás divisas no funciona con esos pa...
TheAccountant Bonjour et merci pour cet indicateur. j'essai de parametrer une alerte sur le changement de...
leyoy Salut Nicolas, est-ce compliqué de faire varier le fond de PRT en fonction de la couleur de...
Nicolas Il faut utiliser backgroundcolor, bon courage. 
Francesco78  Sorry I must add that it looks great only if we start the backtesting from 2008. Im not fa...
Nicolas You can't upload images here, sorry.
triss1965@gmail.com Hi, I dont understand, when I do the backtest I get only drawdown and a big loos? Have I mis...
Nicolas I try to keep the online documentation up to date, because I'd like to add more examples in ...
derelman Hi,         I cannot get any of these indicators to display on the chart and not the indica...
Nicolas Add it on the price instead, by using the wrench on the upper left side of the price chart.
Ciccio You have to add it by clicking on the wrench at the top left of each stock chart
baaz Thanks Ciccio! It works the way you suggested it.
Aporio Qué bueno!!! felicidades. Es posible hacer screener de velas de suelo tipo hammer, envolven...
Sofitech Ce code n'est valable que sur la V10.3 ? sur le 10.2 il y a une erreur de syntaxe dans le fi...
Nicolas Oui en effet, c'est un indicateur "10.3" à cause uniquement de la mise en forme des courbes ...
piarou Objet : PRC_QEMA | indicator Bonjour, Bizarrement : • les deux paramètres sont en remarqu...
Nicolas En effet, c'est le cas si on copie/colle le code. Ces 2 variables sont inscrites en externes...

Top