Use the angle of multiple moving time windows to calculate the angular momentum vector across time. represent in a spectrum of frequencies\colors\transparency together with the accumulative "truth" (black)
Hello Traders, With the info "Trend is Your Friend ", you should not take position against the trend. This script checks multipte moving averages if they are above/below the closing price and try to find trend. The moving averages with the length 8, 13, 21, 34, 55, 89, 144, 233, 377 used. these are fibonacci numbers, but optionally you can change the lengths...
Moving Average Convergence Divergence – MACD The most popular indicator used in technical analysis, the moving average convergence divergence (MACD), created by Gerald Appel. MACD is a trend-following momentum indicator, designed to reveal changes in the strength, direction, momentum, and duration of a trend in a financial instrument’s price Historical...
Counts crosses of the MACD and signal lines and derives entry signals. The code for counting the crosses, for deciding what counts as "close enough", and for auto-adjusting for resolutions 1D or longer, might be useful for Pinescripters. The entries and exits themselves are not intended to be used on their own, but could be used as confluence within a trading...
Moving averages are one of the most common indicators in the world of technical analysis. And they’re often the ingredients of more complex indicators like MACD. Today’s script shows how long prices have been moving in a given direction. Similar to our earlier Price Streak script, MA Streak counts the number of sessions that the average is rising or falling. It...
I set out this morning to create a script that searches out price moves that went too far too fast relative to historical pricing, given that such situations often result in the most profitable trading opportunities. I came up with the mean deviation detector. This script should be used as a means of judging how far a price is trading, in percent terms, from it's...
Use 3D(3-day candle) as timeframe for best reading. ------ original template for Correlation indicator was created by obaranova. credit goes to her.
This script works based on @everget's version of Ehler Stochastic Cyber Cycle. Unlike @everget's work, my adaptation prints only crossovers into the chart that occur above or below the overbought/oversold zone. You can find @everget's script with all related documentation here I didn't change the calculation, I only reinvented how it is presented on the chart...
This study tries to highlight LazyBear Squeeze Momentum divergences as they are defined by TradingLatino TradingView user Squeeze momentum green peaks are connected by a line Associated prices to these green peaks are also connected If both lines have a different slope orientation then there is a divergence. It only shows two last divergence lines and...
Elder-Ray Bear and Bull Power Dr. Alexander Elder cleverly named his first indicator Elder-Ray because of its function, which is designed to see through the market like an X-ray machine. Developed in 1989, the Elder-Ray indicator can be applied to the chart of any security and helps traders determine the strength of competing groups of bulls and bears by gazing...
This indicator uses a combination of the VWAP, EMA 9 and parts of the MACD in order to detect a bullish or bearish trend. How to trade it: Set SL either below or above the VWAP line (orange) and TP to 1:1.5 ratio (depending on last few candles, of course). If EMA200 is close by then place SL either below or above EMA200 (blue) and TP to 1:1.5 ratio ...
This is a very simple " the trend is your friend " indicator - if you are consistent! How this indicator works: This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend. UP-TREND: If the price is above the EMA200, the...
// 2020.7.30 version // This indicator is for the second filter in Triple Screen Trading System // force index will combine volume and price together to decide the power of price change // force index = volume * (Change of Price) // try to smooth the series of force index by ema force index // Method to use this index // This indicator is for the second filter...
How this indicator works: This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend. UP-TREND: If the MACD is below 0 and crosses up the signal line, then this is a BUY signal! DOWN-TREND: If the MACD is above 0 and...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This indicator is the Bernoulli Process or Wikipedia - Binary Entropy Function . Within Information Theory, Entropy is the measure of available information, here we use a binary variable 0 or 1 (P) and (1-P) (Bernoulli Function/Distribution), and combined with the Shannon Entropy measurement. As you can see below, it produces some wonderful charts and signals,...
// 2020.7.26 version // This indicator is for the second filter in Triple Screen Trading System which can show bearish power and bullish power // indicator rule // if showbull is true, show bullish power, if showbull is false, show bearish power // if Trend is bull, buy when bearish power is getting back from the lowest but still under zero // if Trend is bear,...
Study Name: Elder-Keltner-Impulse-MA Study by STTA English: This indicator shows in a combined way three Keltner Channels with EMA21 and multiplier 1,3,5, the Elder Impulse System and a short EMA 11 to recognize the valuation zone, according to various strategies of Dr. Alexander Elder. This indicator can be applied on all symbols. Inputs: displayed...