Trend indicator (Evrett Rogers) and Buy/Sell trading signals

Trend indicator (Evrett Rogers) and Buy/Sell trading signals

First indicator:

It uses moving averages, and following their knitting with the price itself gives an indication of the cycle. Trend indicator inspired by the diffusion curve innovation of Evrett Rogers (innovator, first follower, early majority, late majority, latecomer).
It gives an indication of the current cycle and thus maximize the probability of gain in this placing when the cycle is (yellow, opportunity) or (blue, reversal of trend).

From a more technical view, the opportunity phase is the the opening of the stochastic of the unit of higher timeframe (in other words one could have put indicator = stochastic with [50,10] and style (point, 0.5))

  • The red phase is bearish, the price is below all moving averages.
  • the orange phase is a technical rebound, ie the price has crossed the MM20 (this translates into a stochastic above the line H 50 but the macd still under the line H 0)
  • the yellow phase is the opportunity phase, the price crosses the MM50, the macd crosses the line 0.
  • the blue phase, reversal of the trend means that the price now crosses the MM100 while staying under the MM200, it is the so-called intermediate zone of “knitting”
  • light green phase, the price is above the MM200, the trend is bullish but the MM50 (line 0 macd is still under the MM200).
  • dark green phase, the price is above the MM200 is the MM50 also.
  • green bottle phase, the price consolidates, either it passed under the MM20 or under the MM50 but it is above the MM100. This means a consolidation, a pullback or an end of cycle to come.
  • the gray phase is neutral, ie the price is below the MM100 but above the MM200. it is either a cycle end, a wait before leaving congestion ….

The second code is trading signals indicator telling us when to buy or sell the market:
Below the MM200 there is no buy signal. It starts in the technical rebound by plotting a small blue histogram and that until the opportunity phase, its corresponds to the price that hits the upper Bollinger and then gives a signal that an interest is brought to the title (the probability of winning is maximum). Then the signal becomes green, and the larger the histogram, the stronger the signal. There are also signals in the code related to the crossing of the MM50, this means that the macd returns the line 0 is that there is a probable bullish recovery.

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?

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

  1. anthon • 09/11/2019 #
  2. anthon • 09/11/2019 #

    Avec plaisir !

  3. Rocketship • 09/11/2019 #

    Great combination, easy to use and quite accurate.

  4. Varadero54 • 09/11/2019 #

    Bonjour Anton … j’ai un message d’erreur … PRT V10.3 ou V11… ne semble pas reconnaître “(proche)” … “ligne 3 commande inconnue” ?

  5. Varadero54 • 09/11/2019 #

    Bonsoir Anthon et merci pour les indicateurs qui semble particulièrement pertinents …
    Pourrais-tu nous indiquer où trouver les screener de la vidéo qui vont avec les indicateurs … mais en version “copier-coller” ou “importer” 😉
    Bon WE

  6. anthon • 09/11/2019 #

    Salut à tous et merci !

    • Varadero54 • 09/11/2019 #

      Bonjour Anthon … pourrais-tu me communiquer l’adresse ou le nom de ta chaine YOUTUBE … je ne la trouve pas ?

  7. cedric croze • 09/11/2019 #

    a premiere vue la chaine youtube n’éxiste plus

  8. Tradingrob • 09/11/2019 #

    Hi all, nice indicator, only i dont get the ‘trendindicator’ with the colorfull stripes working on the end of day email S&P.. I only see a box below with a horizontal line with colourchanges.. What should i do? Many thanks!

  9. scarphace38 • 09/11/2019 #

    Bonsoir, je découvre PRT et je n’arrive pas a afficher le meme résultat pour l’indicateur de tendance. J’ai juste une ligne droite qui change de couleur. Je n’arrive pas a avoir le graphique sous forme d’histogramme.
    Comment faire ?
    Merci pour votre aide

  10. Dom • 09/11/2019 #

    Hello, hello….je commence le trading et découvre par la même occasion le codage….et ce n’est pas une mince affaire pour un débutant comme moi!! je me dois de remercier ceux et celles qui se donnent la peine d’établir et de les partager, des indics, screeners, backtest, etc….c’est un travail de Titan (pour ma part!!)…. je trouve cet indicateur très pertinent…. Merci à tous!

  11. Be-n • 09/11/2019 #

    Bonjour tout le monde ! Dans l’indicateur de tendance, j’ai du mal à saisir la nuance entre bleu (retournement de tendance) et bleu (retournement de tendance 2) ? Quelqu’un pourrait-il éclairer ma lanterne ? Est-il question d’un retournement à la baisse d’une part et à la hausse d’autre part ? Merci d’avance

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar

+16 more likes

Related users ' posts
Nicolas
9 years ago
ALMA MACD
ALMA MACD
7
Indicators
Arnaud HALVICK Great indicator, thank you!
JMat45 Hi Nicolas, just reviewing this indicator and noticed that you have double assigned the vari...
Nicolas That would not make any difference because the code is read from top to bottom.
Elsborgtrading No that is wrong :) 1st runs always- then only run 2nd if 1st is on market with positions(ar...
Elsborgtrading It can only be fully automated if IG change minimum SLto 7 at night on DAX multi timefra...
Elsborgtrading A small example. the strategy would have opened 3 position on Dec 4th 2016 and keept it for ...
Cosmic1
9 years ago
Cosmic1 @JadeDB What times are you putting in?
sincitytrader I tried this one out recently,  and wasn't profitable for me.
Cosmic1 Yes, not great lately. I stopped this live at the end of last year. Will wait to see when th...
Philip Raphael Hey! Thank so much for sharing this wonderful indicator! I have always tried to code a simil...
CKW Hi Philip, What do you mean "Years" are not defined ? candle? If to code yearly candle size...
dakaodo Years not defined was probably b/c Phillip copied and pasted the code into PRT instead of im...
Mansoor What does COI stand for?
MikeGC Hi Mansoor, COI is the abbreviation for the Coppock indicator.
nonetheless Anyone interested in this strategy please see forum topic: https://www.prorealcode.com/topic...
MikeGC I don't know if you have used the variables a and b to optimise the parameters for the Super...
gianpiero75 I have not optimized, I multiplied the parameters for 6 (5,8), to use them on the 4  hoursTF...
bertrandpinoy bonjour Mike j utilise TrendChaser V2.0 et quand il prend position cela ne programme pas le ...
Naren Yanan what is    diplus  diminus  please
Barney Has anyone tested this algon now when PRT 10.3 was released?
Yngve does anyone know if the issue with the TP/SL is resolved ?
JakeDB Answered my own question....Sorry about this question. 5 positions, take profit at 15, loss ...
maxxb sto facendo girare in demo questa strategia modificata a 10 minuti con stop e profit ottimiz...
Manuel9z Hello, this strategy improves with the SL 30 and the TP 10. I have done backtesting and it w...
zilliq The reasons why I think it's time consuming and we loose time to try to do backests and Auto...
filiprb Hello Zilliq, You don't need a system to produce a walk forward test. You can easily create...
Philip Raphael It is incredible! Thanks for sharing, Doctrading!
Doctrading Hello, As I said, I didn't use spread for the screenshot as I don't trade Gold and I don't ...
smurfy Hi, I had been losing on gold and after I manually go through the 5min chart using IG and w...
eiffel Hi Smurfy, hope you are still there... I would like to help you to write and test the code.
Reiner
9 years ago
Nicolas You should join and read the forum thread about this strategy. There are plenty of different...
Reiner Hi djtaktik and welcome, I have answered your question in the related Pathfinder forum beca...
danver34 is this version the definitive one or from the original one have there been modifications to...
Wilko This code is the work of a simple genius! Profitability lies in simplicity and repetition.
Nicolas Good joke. FYI, you'll find many identified recurring patterns there: http://paststat.com G...
Yngve i added a MA as a filter, that improved the equity curve quit nice actually
Reiner
9 years ago
Nicolas Overfit on past history obviously. But it doesn't mean that it would still underperformed in...
Francesco78 Thank you for the clarifications Nicolas, I am more aware of the meaning of the backtesting ...
CanAny1Trade Hi all, could a simple indicator be made to mark the traditional Pit based ORB? I'm tryi...
Doctrading Hello,  The strategy should be improved, no doubt. But it was just one of my ideas, which h...
ALEALE Yes Nicolas is very difficult, macro economic data can destroy any work!!  
styrke depends which.. I personally think that it's much more easier to trade on XBTUSD, try to co...
eisi If i switch between different Markets, the Backgroundcolour will appear where it should not...
datageek How can I get alerts on colour change?
NAMBO40 Hello, I would like to add a 25 period SMA moving average. It's possible?
Yannick Thanks for sharing. This strategy is flat for 11 years and winning afterwards. Don't you thi...
Doctrading Hello, As I usually say, strategies are exposed to be improved :) So yes, I think there mu...
Lior Green Doesn't work for me. Set values “compra” and “venta” to be shown as HISTOGRAM
Fabio Anthony Terrenzio this strategy works only in a well defined trend
brosly Good afternoon I am trying to get the complete code of lex strategy made by adolfo since I s...
dreif123 hi Adolfo, is Alex Auto Trading Botindex working on DAX as well ? if so , can you post the...
raviesco Hello Nicolas, Thanks for the post. Do you have an updated version of this screener/indi...

Top