Candlesticked RSI v2 for price action traders! See the True Momentum. 6 chart type, smooth RSI , add signal lines, find divergences, special alerts This is 2nd version with major upgrade Improved and more powerful fully customizable. features: See RSI in 6 type of chart(Candles, Hollow Candles, Siwi Candles, Heikin Ashi, HL Bar, Line) Monitor Up...
MCDX is an indicator based on mutilple relative strength index (RSI) with different period, then classify into 3 categories - Retailer, Hot Money and Banker - Green - Retailer - Yellow - Hot money - Red - Banker the higher and many reds are more preferable
Release Note: This indicator script setup is published to identify the strength and ride the trends. HMA: HMA 100 period is used as default. However this can be changed as per wish. Major turning points or decisions can be made using this HMA line. Purple color is used to identify this. This can be used as the final extreme stop for any trend before it...
The following indicator is a normalized oscillator making use of the arc tangent sigmoid function (ArcTan), this allows to "squarify" the output result, thus visually filtering out certain variations originally in the oscillator. The magnitude of this effect can be controlled by the user. The indicator contains a gradient that shows the possibility of a reversal,...
The Pin Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The strategy that comes with the Pin Bar pattern is based on price action. Inputs of the indicator are: MaxBars: maximum number of bars back to calculate searching for signals BuySignals (true/false): you can filter signals and decide to show...
the script make it easy on the eyes to compare the inverted symbols lines in comparison with the others, for example by utilizing TVC:DXY / FOREXCOM:USDCAD / FOREXCOM:USDJPY, you cab easily compare with them to EURUSD and GBPUSD.
So I have been using the linear regression indicator that is built in but wanted to see it represented as bands around price like a keltner channel. I added in 4 tiers of of bands as I have found on shorter time frames that quick spike moves up or down usually end up in the +/- 4 deviation level before presenting a good opportunity to scalp. The linear regression...
Trend Index show trend of the instrument based on multiple indicators - Green --> Uptrend - Red --> Downtrend - Gray --> No trend Indicators used:- Relative Strength Index (RSI) Commodity Channel Index (CCI) William Percent Range (WPR) Directional Movement Index (DMI) Elder Force Index (EFI) Momentum Demarker Parabolic SAR
Level: 2 Background Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis. Function L2...
Create your own MA indicator set of up to three moving averages! Cloud between MA1 and MA2. Many different MA types to choose from. Happy Trading!
Trend Following using Channel based Script. Long and Short Entry based on Custom filter to avoid False Signal. Works best for BankNifty and Nifty and few Indian Stocks.
Please read description before purchase and use this indicator. If you have a question please feel free to send PM to us. This indicator has 4 different strategies, which are: - Early Buy / Sell - Buy / Sell - Pump / Dump - Strong Buy / Sell These 4 different strategies are based on multiple moving averages (EMA, WMA, SMA). It combines many different...
This is the alert version of our original script ELLIPSE: Ultimate Bidirectional Swing Trading Strategy. This release has the same internal algorithm as the ELLIPSE Strategy script. But instead of showing back test results, this script provides the functionality to add alerts that can notify the user via email / pop-up / sms / app once a signal is given! You must...
Description: This is an indicator based on morning star and evening star pattern recognition, a known technical analysis pattern. I've built on top of the original script shared by @RomanLosev and extended it into a more refined trading strategy called Caves by a trader known only as Farid. The cave long and short indicators represent buy and sell signals based...
Asia session box highlited. from 22 to 6 UTC time.
Level: 3 Background The moving average convergence / divergence (MACD) indicator is a pulse oscillator that is mainly used to trade trends. Although it is an oscillator, it is not typically used to identify overbought or oversold conditions. It appears in the diagram as two lines that oscillate without limits. The crossing of the two lines provides trading...
This script is not an indicator. This script is for pine coder to use different type of price sources Close Open High Low HL2 HLC3 OHLC4 Median Body Weighted Close Trend Biased Trend Biased Extreme