custom

JayRogers

This script example aims to cover the following: defining custom timeframe / session windows gather a price range from the custom period ( high/low values ) create a secondary "holding" period through which to display the data collected from the initial session simple method to shift times to re-align to preferred timezone Articles and further reading:...

LazyBear

Fixed a typo in the code where BB multiplier was stuck at 1.5. Thanks @ucsgears for bringing it to my notice. Updated source: pastebin.com Use the updated source instead of the what TV shows below. This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11). Black...

LazyBear

VFI,introduced by Markos Katsanos, is based on the popular On Balance Volume (OBV) but with three very important modifications: * Unlike the OBV, indicator values are no longer meaningless. Positive readings are bullish and negative bearish. * The calculation is based on the day's median (typical price) instead of the closing price. * A volatility threshold...

LazyBear

Volume Accumulation Percentage Indicator (VAPI) is a variation of the classic volume-accumulation indicators. It uses volume the same way as OBV except that it assigns volume weights based on intraday volatility. In a positive trend, if the stock price is close to a (local) new high, the VAPI should be at its maximum as well (and vice versa for a negative...

ChrisMoody

This MacD Indicator has every feature available. See First Post for Details.

LazyBear

Cycle Channel is loosely based on Hurst's nested channels. Basic idea is to identify and highlight the shorter cycles, in the context of higher degree cycles. This indicator plots the shorter term (red) & medium term (green) cycles as channels. Some things to note: As you can see the red channel keeps moving with in the bounds of green channel. When green...

LazyBear

1) Trix Ribbon =============================================================== This was built on request. Many Stock/FX traders overlay multiple Trix lines to form the ribbon, this indicator makes it easy. Also, optionally this can plot a BollingerBand on Trix_1. More info on...

LazyBear

Developed by Buff Dormeier, VPCI won 2007 Charles H Dow award by the MTA. VPCI plots the relationship between price trend and the volume, as either being in a state of confirmation or contradiction. Excerpt from article below: "Fundamentally, the VPCI reveals the proportional imbalances between price trends and volume-adjusted price trends. An uptrend...

LazyBear

The DecisionPoint Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool. PMO can be used in many ways: - PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the usual...

LazyBear

---- May 05 2015 ----- Added support for filtered ranges: RID V3 : pastebin.com RIDv3 has full backward compatibility (!?), meaning all my descriptions below still apply for V3. -- In addition, I have added a NON-OVERLAY mode, which can be put in its own pane, that shows the number of bars in the current range. -- in Overlay mode, you can...

LazyBear

This a modified MAC-Z using Z-VWAP. Since this uses VWAP, the signals are derived indirectly from both volume and price action. I have also included a way to smooth MACZ-VWAP, you can enable it via options page. Note that this will not work on any FX pair, as volume is not available. Referenced indicators: Z-distance from VWAP:...

LazyBear

Variable Moving Average, often abbreviated as VMA, is an Exponential Moving Average developed by Tushar S. Chande. VMA automatically adjusts its smoothing constant on the basis of Market Volatility. Use this like other Moving Averages. I have added the following options that can be enabled via options page: - Trend Direction Indication: Green = Up trend, Blue =...

LazyBear

A simple but effective Forex strategy requested by user @pipcollector. Suggested chart timeframe is 5mins. Indicator marks potential long/short entries based on the following conditions: LONG ------ Price above pip median ema on daily, 4 hour and 1 hour timeframe. These 3 timeframes and median EMA lengths are configurable. Background color is set to...

BigBitsIO

This script is for custom candles based on an HMA calculation with a default period of 10 as well as an SMA of the close price, defaulted to 1 period to only show the current price. The purpose of the custom candles is to try and reduce noise from candles and help identify trends. These custom candles somewhat resemble Heikin-Ashi candles in their...

ChrisMoody

Full Credit goes to LazyBear for publishing Original Code. I added: Threshold lines that changes the color of Histogram based on if it exceeds Threshold lines. Ability to turn off and on. Ability to Turn Histogram Off/On Ability to turn Twiggs Money Flow Line Off/On

LazyBear

These 2 indicators are derivative work from Jim Hurst's book - "The Magic of Stock Transaction Timing". The bands are % bands around a median that gets calculated according to Hurst's formula. The outer bands (called ExtremeBands) signify extreme overbought/oversold conditions. Inner bands signify potential pullback points. As you can see, they also act as...

LazyBear

VMA Bands are ATR bands with VMA as its centre. For a description of options, refer to my VMA post: I have moved VMA calculation in to a separate function. Feel free to use calc_vma() in your scripts. For more MA calculation function (KAMA, VIDYA and others), refer to my complete list of indicators below. Wish you all...

LazyBear

RSI bands provide an intuitive way of visualizing how the price movement causes RSI to move with in its range (0-100). Upper/Lower bands signify overbought and oversold levels respectively (Default: 70/30, you can customize them via options page). These bands closely match what Constance Brown explains in her book "Technical Analysis for the Trading Professional"....