This indicator show higher high + higher low and lower high + lower low -> based on RSI modification.
HOW I USE
On a longsetup I set a buyorder on the high, if the RSI swings show red the first time. My stoploss I choose on the lowest price from the red swing before.
After every ending bar without tradeentry I move the buyorder step by step on the last high...
Adds a purple label to the right of price if RSI is overbought or oversold, otherwise it doesn't show anything at all, nada. Handy for people (like me) who often focus on price action and forget to watch the RSI
1. MUST: RENKO ATR 2 YELOOW
2. STRONG: SNIPER 8,8 BUY SIGNAL
3. WEAK: TZ 6,6 BUY SIGNAL
========= SELL =========
1. STRONG: SNIPER 8,8 SELL SIGNAL
2. WEAK: TZ 6,6 SELL SIGNAL
3. WEAK: RENKO ATR 2 RED
RENKO > SNIPER > TZ
6 minutes ago
the sniper buy signal is now based on renko
Inside Bar + False-Breakout = Fakey pattern
A Fakey pattern can have a pin bar as the false-break bar or not. Fakey’s are a very important and potent price action trading strategy because they can help us identify stop-hunting and provide us with a very good clue as to what price might do next.
This is an update of "Uncle Mo's Ultimate Ichimoku V1"
2 x Ichimoku Cloud
5 x EMA
2 x MA
1 x HullMA
Bollinger Bands - ***NEW***
ATR - ***NEW***
PSAR - ***NEW***
Candlestick Patterns - ***NEW***
Price Action Bars- ***NEW***
List of credits:
@br0qn for the Ichimoku
@RicardoSantos for the Bill Williams Fractal...
..some measure of “center” or average price is useful.
- Adam H. Grimes
This line off Adams blog inspired me to cook up a very simple indicator that just takes the High and Low of the time given (input in minutes), adds them together and divides it in half. This way we get a center based on the higher timeframe. Not only does it inform you of the dominating...
This is a revised version of Chris Moody's "CM_Donchian Channel Modified_V2" script.
"Modified Donchian Channel with separate adjustments for upper and lower levels. Purpose is if you expect big move up, use lower input for example 3 or 4, and longer upper input, eg. 40 - 100 and use lower input line as a stop out. Opposite if you expect big move...
Suporte/Resistência do Pivot diário para gráficos intraday
Marcação do S/R tradicional e S/R Fibonacci
Daily Pivot Point Support/Resistances on intraday charts
Both Traditional and Fibonacci methods plotted
Vadim Gimelfarb's article in this issue, "Bull And Bear Balance Indicator," describes a method of deducing market sentiment from close-to-close price movement. His system uses the various possible relationships between the previous close and current open, high, low, and close
I have been working on this script the lasts days, it's a collaboration with an uruguayan mate.
* It has been optimized for 4h charts, use it on other at your own risk.
* Always use Stop Loss, since it might give false signals after a long trend.
* I'm still working on it, I'm going to add candlestick pattern filtering.
Thanks for your...
This study is a proof of concept analysis of situations that can lead to divide with zero or divide by zero conditions. Such situations can lead to mathematical errors, and can increase the potential for false alerts.
One common formula that is prone to this situation is:
This is used to calculate percentage change of a...