In this script, you can get a clear indication about the momentum Legend: * Green Line --> %K (Current closing price relative to the range of closing prices in the last 14 days * Red Line --> %D moving average of %K * Area color at bottom --> %K/%D ratio * Red downward arrow --> indication for downward trend * Green upward arrow --> indication for upward...
In this Script, you can get a clear indication about the trend strength and trend direction. Legend: Green Line --> DI+ (Positive) Red Line --> DI- (Negative) Black Line --> ADX How to read this indicator: 1. When DI+ is above DI-, it means there is upward trend 2. When DI+ is below DI-, it means there is downward trend 3. When ADX is below 20, there is...
Pair slope/hedge uses linear regression to calculate the hedge ratio (slope) between the two assets within a period. It allows you to specify a "from" and a "to" candle. Example: "A regression from 1000 candles back in time and ignore the last 100 candles. This would result in making a regression of 900 candles in total." The formula used to perform the...
Pair Cipher can run your hedge pair trading strategy. Pair cipher can use a spread chart (two assets ratio or difference) to manage a hedge position consisting of two assets: one long and one short position. Event though the spread chart is used to determine the entries and exits each coin price action is used to calculate floating PNL. It supports different...
An old but gold Japanese indicator for Mean Reverting strategies and ideal for Pairs Trading... The Kairi Relative Index measures the distance between closing prices and a Moving Average in percent value (generally SMA). Extreme reading in the KRI are considered buy and sell signals. Extreme readings will vary by asset, with more volatile assets reaching much...
What is our indicator? Theft Indicator - Pip Gainer is one of our recent published scripts that shows price action on a certain period of time (We Use a modified version of ATR). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a condition in our algo is...