GBPUD H4 ceiling bounce
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- #10,823
- Edited 4:21pm Jul 26, 2025 4:09pm | Edited 4:21pm
RobinHood thank you for sharing your vast knowledge and experience; much appreciated.
Simple Tradingview code for Double Stoch with Divergence below: Cut and paste into pine editor window and compile:
Change "ta.sma" to ta.ema if you want exponential.
//@version=5
//@author=devlucem modified by Ronin-. (Thank you devlucem)
// ( (
// )\ ) )\ )
// (()/( ( ) (()/( ( ( )
// /(_)) ))\ /(( /(_)) ))\ ( ))\ (
// (_))_ /((_)(_))\ (_)) /((_) )\ /((_) )\ '
// | \ (_)) _)((_) | | (_))( ((_)(_)) _((_))
// | |) |/ -_) \ V / | |__| || |/ _| / -_)| ' \()
// |___/ \___| \_/ |____|\_,_|\__| \___||_|_|_|
indicator(title='Stochastic Signal Divergence
', overlay=false)
periodK = input.int(8, title='K', minval=1)
periodD = input.int(3, title='D', minval=1)
smoothK = input.int(3, title='Smooth', minval=1)
Dinput1 = ta.sma(ta.stoch(close, high, low, periodK), smoothK)
SD = ta.sma(Dinput1, periodD)
//plot(title='K', series=Dinput1, color=#FF7F00CA, linewidth=2)
plot(title='D', series=SD, color=color.new(#1E90FF, 0), linewidth=1)
depth = input(2, 'Fractal Depth')
//_src = Dinput1
_src = SD
_high = high
_low = low
top_fractal = ta.highest(_src, depth * 2 + 1) == _src[depth]
prev_top_fractal = ta.valuewhen(top_fractal, _src[depth], 0)[depth]
prev_high = ta.valuewhen(top_fractal, _high[depth], 0)[depth]
regular_bearish_div = top_fractal and _high[depth] > prev_high and _src[depth] < prev_top_fractal
hidden_bearish_div = top_fractal and _high[depth] < prev_high and _src[depth] > prev_top_fractal
bot_fractal = ta.lowest(_src, depth * 2 + 1) == _src[depth]
prev_bot_fractal = ta.valuewhen(bot_fractal, _src[depth], 0)[depth]
prev_low = ta.valuewhen(bot_fractal, _low[depth], 0)[depth]
regular_bullish_div = bot_fractal and _low[depth] < prev_low and _src[depth] > prev_bot_fractal
hidden_bullish_div = bot_fractal and _low[depth] > prev_low and _src[depth] < prev_bot_fractal
col1 = regular_bearish_div ? color.red : hidden_bearish_div ? color.maroon : na
col2 = regular_bullish_div ? #00FF00EB : hidden_bullish_div ? color.green : na
plot(title='Bearish Divergence', series=top_fractal ? _src[depth] : na, color=col1, linewidth=3, offset=-depth)
plot(title='Bullish Divergence', series=bot_fractal ? _src[depth] : na, color=col2, linewidth=3, offset=-depth)
plotshape(top_fractal and (regular_bearish_div or hidden_bearish_div), 'spot top', shape.diamond, location.top, color.new(color.blue, 0))
plotshape(bot_fractal and (regular_bullish_div or hidden_bullish_div), 'spot bottom', shape.diamond, location.bottom, color.new(color.blue, 0))
alertcondition(top_fractal and (regular_bearish_div or hidden_bearish_div), 'Bearish Divergence Alert')
alertcondition(bot_fractal and (regular_bullish_div or hidden_bullish_div), 'Bullish Divergence Alert')
//////////////////////////////////////////////////////////////////
periodK1 = input.int(34, title="%K Length", minval=1)
smoothK1 = input.int(10, title="%K Smoothing", minval=1)
periodD1 = input.int(3, title="%D Smoothing", minval=1)
k1 = ta.sma(ta.stoch(close, high, low, periodK1), smoothK1)
d1 = ta.sma(k1, periodD1)
//plot(k1, title="%K1", color=#2962FF)
plot(d1, title="%D1", color=#FF6D00)
//////////////////////////////////////////////////////////////////
h0 = hline(80, "Upper Band", color=#787B86)
hline(50, "Middle Band", color=color.new(#787B86, 50))
h1 = hline(20, "Lower Band", color=#787B86)
fill(h0, h1, color=color.rgb(33, 150, 243, 90), title="Background")
// ( (
// )\ ) )\ )
// (()/( ( ) (()/( ( ( )
// /(_)) ))\ /(( /(_)) ))\ ( ))\ (
// (_))_ /((_)(_))\ (_)) /((_) )\ /((_) )\ '
// | \ (_)) _)((_) | | (_))( ((_)(_)) _((_))
// | |) |/ -_) \ V / | |__| || |/ _| / -_)| ' \()
// |___/ \___| \_/ |____|\_,_|\__| \___||_|_|_|
Simple Tradingview code for Double Stoch with Divergence below: Cut and paste into pine editor window and compile:
Change "ta.sma" to ta.ema if you want exponential.
//@version=5
//@author=devlucem modified by Ronin-. (Thank you devlucem)
// ( (
// )\ ) )\ )
// (()/( ( ) (()/( ( ( )
// /(_)) ))\ /(( /(_)) ))\ ( ))\ (
// (_))_ /((_)(_))\ (_)) /((_) )\ /((_) )\ '
// | \ (_)) _)((_) | | (_))( ((_)(_)) _((_))
// | |) |/ -_) \ V / | |__| || |/ _| / -_)| ' \()
// |___/ \___| \_/ |____|\_,_|\__| \___||_|_|_|
indicator(title='Stochastic Signal Divergence
', overlay=false)periodK = input.int(8, title='K', minval=1)
periodD = input.int(3, title='D', minval=1)
smoothK = input.int(3, title='Smooth', minval=1)
Dinput1 = ta.sma(ta.stoch(close, high, low, periodK), smoothK)
SD = ta.sma(Dinput1, periodD)
//plot(title='K', series=Dinput1, color=#FF7F00CA, linewidth=2)
plot(title='D', series=SD, color=color.new(#1E90FF, 0), linewidth=1)
depth = input(2, 'Fractal Depth')
//_src = Dinput1
_src = SD
_high = high
_low = low
top_fractal = ta.highest(_src, depth * 2 + 1) == _src[depth]
prev_top_fractal = ta.valuewhen(top_fractal, _src[depth], 0)[depth]
prev_high = ta.valuewhen(top_fractal, _high[depth], 0)[depth]
regular_bearish_div = top_fractal and _high[depth] > prev_high and _src[depth] < prev_top_fractal
hidden_bearish_div = top_fractal and _high[depth] < prev_high and _src[depth] > prev_top_fractal
bot_fractal = ta.lowest(_src, depth * 2 + 1) == _src[depth]
prev_bot_fractal = ta.valuewhen(bot_fractal, _src[depth], 0)[depth]
prev_low = ta.valuewhen(bot_fractal, _low[depth], 0)[depth]
regular_bullish_div = bot_fractal and _low[depth] < prev_low and _src[depth] > prev_bot_fractal
hidden_bullish_div = bot_fractal and _low[depth] > prev_low and _src[depth] < prev_bot_fractal
col1 = regular_bearish_div ? color.red : hidden_bearish_div ? color.maroon : na
col2 = regular_bullish_div ? #00FF00EB : hidden_bullish_div ? color.green : na
plot(title='Bearish Divergence', series=top_fractal ? _src[depth] : na, color=col1, linewidth=3, offset=-depth)
plot(title='Bullish Divergence', series=bot_fractal ? _src[depth] : na, color=col2, linewidth=3, offset=-depth)
plotshape(top_fractal and (regular_bearish_div or hidden_bearish_div), 'spot top', shape.diamond, location.top, color.new(color.blue, 0))
plotshape(bot_fractal and (regular_bullish_div or hidden_bullish_div), 'spot bottom', shape.diamond, location.bottom, color.new(color.blue, 0))
alertcondition(top_fractal and (regular_bearish_div or hidden_bearish_div), 'Bearish Divergence Alert')
alertcondition(bot_fractal and (regular_bullish_div or hidden_bullish_div), 'Bullish Divergence Alert')
//////////////////////////////////////////////////////////////////
periodK1 = input.int(34, title="%K Length", minval=1)
smoothK1 = input.int(10, title="%K Smoothing", minval=1)
periodD1 = input.int(3, title="%D Smoothing", minval=1)
k1 = ta.sma(ta.stoch(close, high, low, periodK1), smoothK1)
d1 = ta.sma(k1, periodD1)
//plot(k1, title="%K1", color=#2962FF)
plot(d1, title="%D1", color=#FF6D00)
//////////////////////////////////////////////////////////////////
h0 = hline(80, "Upper Band", color=#787B86)
hline(50, "Middle Band", color=color.new(#787B86, 50))
h1 = hline(20, "Lower Band", color=#787B86)
fill(h0, h1, color=color.rgb(33, 150, 243, 90), title="Background")
// ( (
// )\ ) )\ )
// (()/( ( ) (()/( ( ( )
// /(_)) ))\ /(( /(_)) ))\ ( ))\ (
// (_))_ /((_)(_))\ (_)) /((_) )\ /((_) )\ '
// | \ (_)) _)((_) | | (_))( ((_)(_)) _((_))
// | |) |/ -_) \ V / | |__| || |/ _| / -_)| ' \()
// |___/ \___| \_/ |____|\_,_|\__| \___||_|_|_|
- #10,825
- Jul 26, 2025 9:30pm Jul 26, 2025 9:30pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,829
- Jul 31, 2025 4:15am Jul 31, 2025 4:15am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Hello everyone. This post by RH #7430 is truly wonderful. He had an insight that still seems to work on TF D1 today. I've looked back on practically every currency pair, and what he shows us is incredible. I'm amazed how no one has grasped the enormous potential of this insight. Thanks again, Robin Hood. PS: I've read up to page 372 and I'm almost afraid to continue because I don't want to lose track of some seemingly exceptional insights.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,834
- Aug 1, 2025 5:17pm Aug 1, 2025 5:17pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
Always a Student, Never a Master - Emulate What Works
- #10,837
- Aug 2, 2025 8:57am Aug 2, 2025 8:57am
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
Hi there. Any comments on this as a setup? 1h stocks and rsi above 50 line and ht 2h also uptrend and rsi above 50 line. {image}
Based on what I look at, and what my charts are telling me, it's a strong "NO" for me at this point:
1. MY 4 hour chart is saying "NO" in virtually every way.
2. MY Daily chart is saying "NO" in virtually every way.
3. MY 1 hour chart is also mostly negative in every way.
Will the AUDUSD go up from here "who knows", but I am not convinced yet.
The reason my winning % is so high is because I look at, and take into consideration LOTS of different things. Other traders can successfully trade with no indicators, but that's just not my style of trading. By using the combination of indicators that I do, I can almost instantly know when to get in or out of a trade.
Personally, I think day trading is what helped me to develop this ability because in the way that I day trade, decisions must be made and acted upon very quickly if you are to succeed at it.
*With that being said, day trading can be a very treacherous a sport UNLESS you have developed a lot of skills and I do not recommend that most traders do it.
Always a Student, Never a Master - Emulate What Works
How are you guys dealing with Heikin Ashi candles when it comes to entries / SL? It's all nice and good on the Heikin Ashi charts when I draw out my risk/reward tool for a possible entry, but in reality, price might already be way off.
Heikin Ashi trade setup where I want to enter on candle close:
Same setup with actual candles where price has already moved and I can't enter for the same risk/reward setup:
Do you just use Heikin Ashi candles as confluence and simply enter on market order? Same with a 2 candle SL for example - do you then use the Heikin Ashi candles for SL or the real candles?
Heikin Ashi trade setup where I want to enter on candle close:
Same setup with actual candles where price has already moved and I can't enter for the same risk/reward setup:
Do you just use Heikin Ashi candles as confluence and simply enter on market order? Same with a 2 candle SL for example - do you then use the Heikin Ashi candles for SL or the real candles?
- #10,840
- Edited 4:07pm Aug 2, 2025 1:59pm | Edited 4:07pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
{quote} Love the setup. Is this one you are able to share for MT4? Thanks
Indicators:
Template Name: RH 2025
Always a Student, Never a Master - Emulate What Works