This is the same as simple EMA except it performs averaging in log space, which should give more accurate results for very long-term and highly volatile charts.
The indicator represents the relative convergence/divergence of the moving
averages of the financial asset, increased a hundred times. It is based on
a different principle than the ADX. Chande suggests a 13-week SMA as the
basis for the indicator. It represents the quarterly (3 months = 65 working days)
sentiments of the market participants concerning...
The indicator represents the relative convergence/divergence of the moving
averages of the financial asset, increased a hundred times. It is based on
a different principle than the ADX. Chande suggests a 13-week SMA as the
basis for the indicator. It represents the quarterly (3 months = 65 working days)
sentiments of the market participants concerning...
Super simple.
Three simple moving averages all in a single indicator for your convenience.
Default values:
MA 1 - 20
MA 2 - 50
MA 3 - 100
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Script based on True Strength Index (TSI) and RSI
A technical momentum indicator that helps traders determine overbought and oversold conditions of a security by incorporating the short-term purchasing momentum of the market with the lagging benefits of moving averages. Generally a 25-day exponential moving average (EMA) is applied to the difference between two...
Traders are represented by red lines, they move fast
Investors are represented by green/orange lines, investors move very slow
When you see some quick moves from traders,
you can take the opposite side of the trade because you know investors
are behind you and are very slow to change position.
How to use :
When the green / orange lines are contracting, the...
