This is a simple tool designed to help you visualize your stop loss and take profit levels before entering a trade. The tool plots two lines on the chart - a green dotted line for take profit and a red dotted line for stop loss (similar to the price line) - with a simulated default spread of one pip factored in. The indicator has the option to toggle between long...

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Similar to the first BTMM (R.Noodle) this version of the script is tailored towards key level traders. This includes intraday, daily, and higher TF traders. **REMOVED** background tckr info, candle color according to day, and market sessions **Replaced**key levels & market sessions **NEW**initial balance analytics first Friday and every Monday Market...

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Generalized Step Moving Average w/ Pips Filter is a stepping function on source input to derive a moving average. This general form the stepping can also be applied to any other input such as EMA, SMA, HMA, WMA, etc.. This moving average employ a filtering system based on the following: Core filter, both min and max value: pips * (multiplier) or the (average of...

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Volatility Quality Index w/ Pips Filtering is a Volatility Quality Index indicator with various smoothing types and pips filtering What is the Volatility Quality Index (VQI)? The idea behind the volatility quality index is to point out the difference between bad and good volatility in order to identify better trade opportunities in the market. This forex...

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Pips-Stepped, Adaptive-ER DSEMA w/ DSL is an Efficiency-Ratio-Adaptive, Double-Smoothed EMA with Pips Stepping and Discontinued Signal Lines. This combination reduces noise and improves signal quality. What is Double Smoothed Exponential Moving Average (DSEMA) ? The Double Smoothed Exponential Moving Average is a lot less laggy compared to a traditional EMA...

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Pips-Stepped MA of RSI Adaptive EMA is a pips-stepping, adaptive moving average that first, filers source input price using an EMA calculated using an RSI-modified alpha value and second, and last, its plugged into a pips-stepping algorithm to output the final chart signals. This is mainly a forex indicator although it can be used for any asset, but you must...

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Stepped Heiken Ashi Moving Average w/ Jurik Filtering is a Heiken Ashi moving average with Jurik Filtering and stepping by pips. This can be used as a moving average channel. What is Jurik Volty used in the Juirk Filter? One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market...

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Apply various simple statistical measures to series of full candle ranges over user input length (in bars). Choose between AVERAGE, MEDIAN, MODE, BIGGEST. All calculations derive from the high-low range of a candle. Default length = 260, the number of daily candles in a year. MODE is calculated from pip ranges rounded to reasonable increments (to nearest 10pips...

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Pips Stepped VHF-Adaptive VMA w/ Expanded Source Types is a volatility adaptive Variable Moving Average (VMA) with stepping by pips. What is Variable Moving Average (VMA)? VMA (Variable Moving Average) is often mistakenly confused with the VIDYA (Volatility Index Dynamic Average) which is not strange since Tushar Chande took part in developing both. But the...

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Adaptive Parabolic SAR (PSAR) is an advanced Parabolic SAR with adaptive adjustments using either a Kaufman or an Ehlers smoothing algorithms. What is the Parabolic SAR? The parabolic SAR attempts to give traders an edge by highlighting the direction an asset is moving, as well as providing entry and exit points. In this article, we'll look at the basics of...

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This script is created to read and label the difference between High and Low of a candle in points term & in percentage term. This is basically made for Forex Trading. Do explore the settings of the scrip.

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Japanese below / 日本語説明は下記 With this indicator, you can calculate profit and loss amount based on pips. The original indicator is developed by ashkanpower and I have modified enabling to select account currency and font color. Account currency can be selected from USD, JPY, EUR, GBP, AUD and THB. Profit/loss amount can be calculated with the selected account...

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This simple tool helps you manage your risk by calculating the exact price for pips. it only works for forex pairs.

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This is a forex scalping strategy designed for the most liquid pairs, like major forex pairs. Its made of 1 EMA 50 1 EMA 100 Stochastic RSI MACD Rules For long :close of the candle is above moving average 50, moving average 50> moving average 100, macd histogram is positive and cross over of stochastic rsi with the oversold level. For short :close of the...

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Indicator signs -Buying or selling signal on screen -RSI in overbought or oversold -Stoch overbought or oversold "Risk adjustment" The expected profit is 30pips positive. Adjust risk by 30pips indicator consisting of Stoch 14, 6, 6 Rsi 14 Dmi 20, 5

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Got a little board due to the lock-down so I have written this little script. It allows you to set PIP Bands at levels on the chart. The Back Line is Close plus Spread, the Red Line is PIPs below and the Green Lines are spaced at PIPs above at equal distance. The top four lines can be toggled off. Set off as default. There is a toggle for JPY Currencies and...

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Hello traders, This indicator shows the average volatility, of last N Periods, for the selected time frames. You can select up to 2 timeframes with this version Volatility is defined as the close of current candle - close of the previous N candle Presented as Currency, Pip, percentage labels in a panel below. Will calculate in real-time only for the current...

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This indicator helps you to quickly identify bullish and bearish engulfing patterns. Works on currencies only (pips required).

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