This study is an experiment based off the concept used in my Dynamic Range Channel indicator. Rather than using a McGinley Dynamic, a moving average of your choice is used in this calculation. There are eight different moving average types to choose from in this script: - Kaufman's Adaptive Moving Average - Geometric Moving Average - Hull Moving...
This is an experimental study that utilizes Kaufman's Adaptive Moving Average and the McGinley Dynamic. First, a fast and slow KAMA based McGinley Dynamic are calculated. The divergence between them is used to indicate wave direction. The channel's bounds are calculated by taking the highest high and lowest low of the slow McGinley Dynamic over a specified channel...
This is an experimental study in which a geometric moving average is taken of price, then the range is multiplied by average annualized volatility based on the current trading timeframe and specified lookback, and by Fibonacci numbers 1 through 21.
This indicator combines a number of PAC types into one indicator and will replace some of my previously PAC scripts (some were not published). It draws a Moving Average (MA) channel based on various boundary criteria. Even though the MA choices are not limited to SMA and EMA, these would be the your first choices with most PAC requirements, feel free to experiment...
Plots the Highest and Lowest source price for N bars back. Similar to Donchian Channels except any price source can be used (best results: close ). Can be set to any interval independent of the chart interval. Repainting will occur if the chart interval is less than the indicator interval.
Added parameters for source of highest and lowest line. It's usefull for ultra volatile markets like cryptocurrencies and penny stocks. Using close price as source helps to filter out false breakout signals in turtle trading strategy.
//1.Buy when all three lines are become Red to Green or yellow and cover the position even one green become Red line next //2.Sell when all the three line are become red and cove the position even one line become red to Green or yellow.
According to the statistics of Thomas Bulkovski collected over several years on the 1-minute chart (21 million candles), there is a statistically significant periods, where the higher the probability of reversal rates on short-term timeframe. By reversal, on average, had in mind the movement to 5 candles. This three periods, they remain unchanged, depending on the...
This is a trend trading indicator+alert utilising the Traders Dynamic Index (TDI), Price Action Channel (PAC) and Heikin Ashi candles. About 6months ago I came across the use of TDI in "E.A.S.Y. Method" that I found in forexfactory forums: www.forexfactory.com and I was able to set up a chart based on the specifications by using Kurbelklaus scripts. However, I...
Description: High and Low Envelope channel with median line and 'sigma' offsets to try and encapsulate price flow and quickly locate likely areas of support and resistance on the fly.
About: I developed the original as an experiment to potentially replace or augment my BB and RSI based strategies. After some back-testing I could see some really interesting results but it wasn't quite where I wanted it, so after some tweaking and further back-testing, and adding in more MA options, here we are. Mostly tested on 1h and greater time-frames using...
I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice. Description / Usage: Adjust length and multiplier much the same way you would expect with Bollinger Bands. Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA) The outer channels are increments of the base...
Moving average of High, Low & Close with Fibonacci bands calculated from the average high and low. Four upper levels are to the power of 1.618, 2.618, 3.618 & 4.618. Four lower levels are to the power of 0.618, 1.618, 2.618 & 3.618. Included are a choice of time frames either current, semi-custom or fully custom allowing freedom to set any period you like which...
VDUB_REJECTION_SPIKE_V2 Works on all time frames, Tested on 1min, I can't make it any faster Hull MA channel channel 2 Pivot Channel {RS} spike hunter Modified Fractals V2
VDUB_BINARY_PRO_3_V2 - FINAL *stripped out a couple of things from V1 - found it was to noisy *added Baseline_VX1 *switch period channels around *zigzag Optional- set centre band to '34 to run centre line other indicators to include MACD_VX1 Stoch_VX3
Still in test mode **UPDATE to include colour background BUY / SELL SIGNAL *** - Double channel with double conformation of pivot / trend reversal I have a similar concept to this running on MT4 which works quite well together. Both channels can be customised by changing minutes, D , W , M I haven't been able to test this out so feel free to do so...
---- May 05 2015 ----- Added support for filtered ranges: RID V3 : pastebin.com RIDv3 has full backward compatibility (!?), meaning all my descriptions below still apply for V3. -- In addition, I have added a NON-OVERLAY mode, which can be put in its own pane, that shows the number of bars in the current range. -- in Overlay mode, you can switch on/off...
Hey guys, this little script is an addition to another one I will release right after this. This is the Price Action Channel. The bands are calculated using a smoothed moving average of the highs/lows. I have taken the smoothed moving average script from the public library in order to create this, so all props to whoever created that one. I am fairly new to...