PowerX Strategy "PowerZ"

[IgazI]

Update 2.0

I added mid-levels to the Fibonacci River:

the_fibber.jpg (112.64 KiB) Viewed 4579 times

200 River VS 200 Bollinger . . .

^vs_BOL.jpg (187.18 KiB) Viewed 4578 times

I changed the color of the mid-line to be more visible:
PS: it doesn't show up very well in the pic. . .just "trust me bro"

^color_Mid.jpg (146.98 KiB) Viewed 4574 times

[IgazI]

I tried to make it as visually obvious as possible:
the darker blue is 'OB'/'OSold'

^RVR.jpg (150.94 KiB) Viewed 4555 times

^onPoint.jpg (129.8 KiB) Viewed 4554 times

^dxy.jpg (145.27 KiB) Viewed 4542 times

[IgazI]

PS: it's "good news" if it touches "overbought", it's "great news" if it stays "overbought".

^where_we_are_at.jpg (157.87 KiB) Viewed 4541 times

[IgazI]

Update 3.0

It looks better than this resized image. . .

New version of RGA is availible now:
- main RSI flips in red/green (arrows)
- additional RSI flips in muted yellow (arrows)
- three colors instead of 4

^all_RSI_CLR_limiter.jpg (118.4 KiB) Viewed 4516 times

[IgazI]

Personally. . .
I like white backgrounds

^white.jpg (142.18 KiB) Viewed 4507 times

[IgazI]

Dark blue is OB/OS:
Above solid lines: trending
Below solid lines: trending
Between solid lines: ranging

I just finished the "aliasscript", so now I can follow along with what the cool kids are doing

^OB_1.jpg (144.28 KiB) Viewed 4474 times

[IgazI]

The color change and the 20 period moving average are nearly identical. . .

^compare.jpg (187.03 KiB) Viewed 4467 times

[IgazI]

A better "20 SMA" ?

Code: Select all

//@version=4
study("A Better 20 MA", "20 Canadian", overlay=true)
//-----Moving-Average-----//
ma1 = (sma(hlc3, 16) + sma(hlc3, 19)[3]) / 2
sig = lowest(ma1, 2) < ma1 ? color.lime : highest(ma1,2) > ma1 ? color.red : color.black
plot(ma1, color = color.new(sig,86), style = plot.style_line, linewidth = 3)


Smoother color change, no?

PS: I guess I'll have to adjust the 'aliasscript', on page 1, to an updated version 5 'better MA'. . .

Blue line is a regular 20 period moving average:

^ma_clr_change_opt.jpg (105.5 KiB) Viewed 4432 times

us30.jpg (91.78 KiB) Viewed 4415 times

[IgazI]

I love RGA and the aliasscript both equally
they can be found on page 1 of this thread.

^gah_dmn.jpg (130.71 KiB) Viewed 4368 times

UNO_youKnow.jpg (115.61 KiB) Viewed 4364 times

[IgazI]

The Fibonacci River is next on my list of indicators to improve. . .
PS: that first OB/OS zone looks like the perfect SL size, doesn't it? will have to investigate!

^OBOS.jpg (169.33 KiB) Viewed 4337 times