The Multi-Timeframe Normalized Elastic Volume Oscillator combines volume analysis with multiple timeframe analysis. It provides traders with valuable insights into volume dynamics across different timeframes, helping to identify trends, potential reversals, and overbought/oversold conditions. When using the Multi-Timeframe Normalized Elastic Volume Oscillator,...
This indicator will show the "tension" points on the market, possible turning points, and reversals. It's possible to change how much elasticity the indicator will filter. Another parameter is to show all the times the candle's high/low value touches the bands. There are three bands. It can work as a region for entering the signals and possible exit points. The...
This indicator is similar to the Elastic Volume Weighted Moving Average, except it uses True Range instead of Volume. This can be useful where volume data is unavailable (for instance, in forex), or if prices moved way too fast, such as the Swiss franc crash back in 2015. Comparison: Let me know if you want more features added to this indicator. I'll see...
Elastic Volume Default Settings : 50 lenght! Moving Average Default Settings:50 / 200 EMA Default Settings :20 Coral Trend Default Settings :21/0,4 Thank you ! emR Huk ..
Elastic Volume Weighted Moving Average indicator script. This indicator was originally developed by Christian P. Fries (Technical Analysis of Stocks & Commodities, June 2001).