Modification to Elder's Force Index (EFI) Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results! Adjust lookback from standard/suggested 13 candlesticks Added a color indication to positive or negative force reading Added background color tint for an easier read on dashboard setups Suggested...
Dear Followers, since today you can enjoy Altwalker , a new Swing and Scalping Strategy based on a simple trend following theory , mainly designed for Cryptocurrencies, Altcoins and of course Bitcoin. It works also on all timeframes, but it's suggested to use it on higher ones: 1D - 12h - 6h - 4h , not suggested to use it below 1h-30m. Based on Moving...
This indicator is based on the Larry Willians 9.1 Strategy. It will paint the candles WHITE when Long entries are activated and BLACK when short entries are activated. There is an option to include an EMA or SMA filter.
Plot a linear regression channel through the last length closing prices, with the possibility to use another source as input. The line is fit by using linear combinations between the WMA and SMA thus providing both an interesting and efficient method. The results are the same as the one provided by the built-in linear regression, only the computation differ. ...
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. They have their origins in the centuries-old Japanese rice trade and have made their way into modern day price charting. It’s important to note that candlestick patterns aren’t...
The Trend Risk Indicator is a simple bands indicator made of 2 custom averages of candlesticks ranges calculated within the variable “ BandBars ” period. Upper and lower channel bands width can be adjusted with the “ Deviation ” variable, which act as a simple factor to enlarge the spread between them. When Close crosses over the upper band, it is a bearish...
This indicator is using Heiken Ashi Candle Stick System to measure three separate time frames of your choosing. Default setting is with 120 minutes, 240 minutes, and 720 minutes. Ideal for swing trading, or scalping. When two or more time frames align red, looking for short entries. When two or more green time frames align, looking for long entries. Entries...
A volume indicator which calculates "Attributable Volume”, the portion of volume which contributed to the direction in which the candle moved. Attributable Volume is calculated as: Total volume excluding the "counter wick" volume. Where for a green (up) candle, the "counter wick" volume is the top wick volume. In theory, Attributable Volume should better...
VWAP is primarily used by technical analysts to identify market trends. This design is more intuitive green: Bullish Trend red: Bearish Trend orange: Range --- El VWAP lo utilizan principalmente los analistas técnicos para identificar las tendencias del mercado. Este diseño es mas intuitivo verde: Alsista rojo: Bajista naranja: Rango
Experimental: modifications includes 2 extra channel types to read volatility's range. this is a update and modification to the Murrey's Math Lines Oscillator published by UCSgears here:
Utilising short and medium term trends, Swing King is perfect for riding the crypto waves. Built with the aim of smashing Bitcoin’s buy and hold return. After 5 months (Jan 2020 to May 2020) of testing and tweaking, Swing King is ready for release. Setup with default Bitcoin settings, Swing King returned 289% in the 5 months of testing compared to buy and hold...
GODMODE SWING AND SCALPER This script is the fusion of Swing trades and Scalping trades how to use : " Buy " when " long " signal appears Take profits or close " Buy " position when Red triangle appears " Sell " when " short " signal appears Take profits or close " Sell " position when Green triangle appears basic 20 moving average for support...
This is my modified macd indicator. It uses moving averages to determine the trend of the market. It is best used on lower time frames such as 5min and 15min. I found it useful especially with Forex pairs and also traditional markets. This indicator will help you get in at a pullback in a trending market. RED background tells you the trend is down. A possible...
This script uses 25-75 treshold of stochastic RSI with the help of kijun-sen as confirmation, to find entry points to any trend either newly developed or an established one. I just realized it on the 1 hour SPX chart. Sure it can be used on other symbols. Crossing above/below 25/75 line of sto RSI is considered as buy/sell signal. Signals are evaluated whether...
This is a modified stochastic oscillator. It works very well with Forex pairs, traditional markets and has also proved itself profitable with BTC. The aim of this indicator is to help you predict a change in direction of the market. When lower periods are above higher periods you are looking to buy of support and when lower periods are below higher periods you...
This indicator, combines the traditional FOREX moving averages (20EMA, 50ma, 200ma) into a single indicator with an adaptive moving average (AMA) taken from a user defined timeframe to show trend direction (by default, it plots the daily 10/2/34 KAMA overlayed on any timeframe chart. An AMA moves slowly when markets are sideways but swiftly during periods of...
I've been using this indicator now for the past few months and seen some very large profits as a result of it. I've been using this successfully on the one hour FX charts, but seems to work equally as well on higher or lower time frames (not less than 30min). I've added in some support and resistance functionality and plenty of settings to play with to fine...
This is the Study version of the Hiubris Trend Indicator 2 (Used for Alerts) After testing several strategies for months and comparing them to the standard 'Buy and Hold' method, we've found the best performing strategy for BTCUSDT We simplified it to make it more user-friendly (We've only added 1 optional exit: a % SL) and left all the inputs adjustable, so...