Coding a Powerful Reversal Strategy on the RSI Using Pine Script — Simple strategies can be as powerful as complex strategies. This article presents one of my favorite strategies used with the RSI. For a complete collection of candlestick patterns in detail with back-tests and technical strategies, you can check out my newest book with O’Reilly Media. The book features a huge…

A Quick Way of Importing Historical Cryptocurrency Data in Python — Historical data is needed to be able to do research and perform back-tests and therefore a nice and clean way of importing it becomes essential. This article discusses a way of quickly importing cryptocurrency data from Binance using Python. The Fibonacci Trading Book is finally out! Filled with Fibonacci-based trading…

Showing an Interesting Bollinger Bands Trading Technique — Bollinger bands represent one of the basic indicators to know in technical analysis. However, there are many ways of using it. This article presents a technique to be applied on Bollinger bands. The Fibonacci Trading Book is finally out! Filled with Fibonacci-based trading methods (tools, indicators, patterns, and strategies), this…

Can Heiken-Ashi Combined With Moving Averages Provide Good Signals Together? — Combinations of strategies may offer better opportunities. We can combine indicators together or patterns together, or even better, indicators with patterns so that we get an extra confirmation factor. In this article, we will see how to use Heiken-Ashi charting alongside moving averages as trend confirmation technique. …

Creating & Evaluating the Stochastic Exit Strategy — Without a doubt the Stochastic Oscillator is a universally used indicator. It uses such a simple yet powerful formula in order to detect rapid oversold and overbought conditions. This article discusses a certain strategy based on this indicator. For a complete collection of candlestick patterns in detail with back-tests and…

How to Use Pine Script to Code the RSI Square Indicator — The RSI is very popular indicator with many variations on it. Namely, the RSI square which is basically an RSI calculated on an RSI. This article discusses one simple strategy on the RSI square after having coded it in Trading View’s coding language, Pine Script. The Fibonacci Trading Book is…

Coding a Hexad Candlestick Pattern Scanner in TradingView — Candlestick patterns are a great addition to market analysis. Some may even consider them vital in research and trading. This article presents the Hexad pattern and shows how to code a scanner in TradingView that detects it. For the complete collection of candlestick patterns in detail with back-tests and technical…

Combining the Extreme Euphoria Pattern With Graphical Analysis — This article revisits a candlestick pattern called the Extreme Euphoria pattern, a contrarian configuration. The aim of the article is to filter the bad signals given by the pattern and to optimize them so that the expected reaction has a better probability of occurrence. The Fibonacci Trading Book is finally…

A Step-by-Step Guide to This Famous Indicator — Trading is a combination of four things, research, implementation, risk management, and post-trade evaluation. The bulk of what we spend our time doing is the first two, meaning that we spend the vast majority of the time searching for a profitable strategy and implementing it (i.e. trading). However, we forget…