Volume indicator adapted from Elder's Force Index. From here: stageanalysis.net
Similar indicators already published have modifications with respect to Elder's theory. This indicator fulfills literally what is described in the New Trading For A Living.
Similar indicators already published have modifications with respect to Elder's theory. This indicator fulfills literally what is described in the New Trading For A Living.
Smoothed Rate of Change indicator script. This indicator was originally developed by Fred G. Schutzman.
The idea is to see Elder's force index smoothed EMA in different time frame simultaneously. Default intervals are (2) and (13) Base on samuel16 script.
The idea is to combine Elder Impulse System with AutoEnvelope. It's usefull for free accounts to have more indicators on chart. So what would on chart: - fast ema - slow ema - AutoEnvelope - Bar colour changed after signals of upcending/discending fast ema + upcending/discending macd I've used Elder Impulse System by samuel16 and Elder's AutoEnvelope indicator...
What is the impulse system ? The impulse system is a censorship trading system developed by Alexander Elder, and explained in his book New trading for a living . Its meant is to allow or to prohibit a trade. Also, it can be used to find when a trend start to weaken. This script is an implementation of this system using a TradingView indicator. How does it...
Reference: Transcription of script taken from TC2000 - forums.worden.com Please let me know if you want me to change the script in anyway, or add new features
Moved Elder's Force Index trend tracking to separate indicator and made it overlay candles. Current unfinished candle arrow is experimental.
Three Elder screens. MACD + RSI/Stoch + BB the author of the script of the @Maga3. Made specifically for me ---- Три экрана Элдера. MACD + RSI/Stoch + BB Автор скрипта @Maga3. Сделано специально для меня.
This new indicator analyzes the balance between bullish and bearish sentiment. One can cay that it is an improved analogue of Elder Ray indicator. To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb. This modified strategy backtest from HPotter
This new indicator analyzes the balance between bullish and bearish sentiment. One can cay that it is an improved analogue of Elder Ray indicator. To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb.
Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bull Power measures the ability of buyers to...
Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bear Power measures the ability of sellers to...
Plots three Average True Range channels as described in Alexander Elder's "The New Trading for a Living". You can adjust the EMA and ATR days that are the basis of these channels. This is my first script – happy to get any feedback on this! Thanks :)
Searched the public library and didn't find an existing indicator so I'm publishing my version.