Description: An indicator based on ATR adjusted for volatility of the market. It uses Heikin Ashi data to find short and long opportunities and displays a dynamic stop loss level. Additionally, it has alerts for when the trend changes (which is an entry signal). How it works: It works by dynamically calculating the Period for ATR which depends on current...
RSItrend is a trend indicator based on the standard RSI. The logic of building the indicator: We build a channel based on the RSI extremes. The exit of the RSI from the channel up is the beginning of the uptrend, the exit of the RSI from the channel down is the beginning of the downtrend. In the downtrend, the candles are colored blue, in the uptrend -...
This indicator serves a purpose of a trend recognizer. It is able to tell you whether the market is bullish, bearish or if the price goes sideways. Process of determining the trend: - The indicator uses 3 moving averages to determine the trend - For each of these averages, there is calculated value change over a certain period. So, if the value of Moving...
I was exploring a simple idea how I can visualize the ticker performance against the underlying Index (or any other ticker) performance. how it works: When the line is moving up (blue zone), the ticker is performing better than the underlying index (e.g. SPX)(configurable). When the line is moving down (red zone), the ticker is performing worse than the...
The original indicator was created by alexgrover . All credit goes to alexgrover for creating the indicator that this strategy uses. This strategy was posted because there were multiple requests for it, and no strategy based on this indicator exists yet. The Recursive Bands Indicator, an indicator specially created to be extremely efficient, I think you...
An accumulation/distribution indicator that works better against gaps and with trend coloring. Accumulation/Distribution was developed by Marc Chaikin to provide insight into strength of a trend by measuring flow of buy and sell volume . The fact that A/D only factors current period's range for calculating the volume multiplier causes problem with price gaps....
=== Musashi-Katana === This tool was designed to fit my particular trading style and personal theories about the "Alchemy of the markets" and ''Harmonic Structure'. Context When following a Technical approach to to surf the markets, there are teachings that must be understood before reaching a confort-zone, this usually happen the possible worst way by constant...
Band of Filtered RS by Mustafa ÖZVER This code shows a range (max-min values) price may get if we get strong movements. These values is based on RSI (Relative Strange Index). And also these are calculated using RSI, if we get trades to make rsi is equal to 25 (or rsi down limit) or 75 (rsi up limit) or any value you set, how much will price value get? This code...
Introduction Here, I modified the script "Trend Intensity Index" (TII) of @everyget. TTI was developed by M.H. Pee, who also published other trend analysis indicators like the Trend Trigger/Continuation Factor It helps to determine how strong the current trend is. The stronger the trend, the higher the chance the price may continue moving in the current...
Hi! Why for what and how in this script? At the time of publication the script consists of three modules, it may increase in the future. 1. Bottom left corner : daytime ATR module (idea and basis of the author's script - ???) - The size of the daily ATR based on 14 bars; - intraday ATR progress; - colour indication of the progress status, for easier visual...
MTM - Momentum Description The Momentum indicator is a speed of movement indicator that is designed to identify the speed (or strength) of price movement. This indicator compares the current close price to the close price N bars ago and also displays a moving average of this difference. Category Momentum Indicators Parameters N ( Default: 6 Min: 1 Max: 100 ) N1...
Bollinger Band is simply a representation of the rolling average of price and its standard deviation around the average (called the "basis"). This indicator generalizes the Bollinger Band by implementing many different equations to calculate the Bollinger Bands beyond the standard deviation and sma, and then plot the %B (where the current price falls inside the...
OVERVIEW The Change of Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are more likely...
Q-Trend is an multipurpose indicatorm that can be used for swing- and trend-trading equally on any timeframe (non-volatile markets are better for this thing). Settings: Trend period - used to calculate trend line in the special moments(will explain below); ATR Multiplier - changes sensitivity. The higher the multiplier = the more sensitive it is. ...
this just sample of our strategies we published with open source, to learning our investor the way of trading and analysis, this strategy just for study and learning in this strategy we use expontial moving avarage 20 , 50 , 200 and the we build this strategy when the price move up ema 200 and ema 20,50 cross up the 200 ema in this conditions the strargey will...
The basic math behind this Indicator is very similar to the math behind the Relative Strength Index without using a standard deviation as used for the Relative Volatility Index. The Volatility Range is calculated by utilizing the highs and lows. However not in the same way as in the Relative Volatility Index. This approach leads to different values, but the...
█ Support & Resistance Trendlines with Pivot Points + Fibonacci Channel This script automatically draw support and resistance trend lines based on pivot points and add a fibonacci channel. It will show potential patterns with the help of support and resistance lines as well as breakout target and pullback entry with the fibonacci extension and retracement...
OVERVIEW The Keltner Channel Volatility Filter indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are...