I just added a signal line to Koryu's code to fit my trading style. When the signal line crosses zero, it confirms to me that it's safe to trade.
How does this indicator works and what it is? It consist of 3 T3 moving averages. T3 moving average was developed by by Tim Tillson and is considered superior to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as well. This indicator works on any stock, index, future or cryptocurrency. The ways...
This indicator is a combination of 40 different altcoins which are found on Binance exchange. I have listed all Binance altcoins in the order of the oldest listed and the newest. Due to limitations on TV for calling only 40 securities at the same time, I have limited myself with adding only the oldest ones (9+ months) and some 8+ to make up at least 40 for more...
Just a fun little oscillator I made that measures the drift from the EMAs and adds it to an exponential RSI. It came from an idea that drift from moving averages were a good indicator of overbought/oversold, so I added it to an altered RSI. Will keep tweaking it to get it just right.
to be used with AO indicator, based on forex strat -- www.forexstrategiesresources.com works on 1/3/5/15/30 candles, buy signals are best when the black 3 fast ema crosses up through the red mid band
MFI with highlights when value is overbought/oversold and adjustable overbought/oversold thresholds. There is also an option to disregard candle wicks in the calculation in case that could be helpful.
MFI with highlights when value is overbought/oversold and adjustable overbought/oversold thresholds. There is also an option to disregard candle wicks in the calculation in case that could be helpful.
Cumulative on balance volume, colour coded as green when there is a positive commodity channel index value, or red when negative.
An easier to read implementation of ADX and DI, with colour indicating direction of trend, oscillator indicating strength of trend, and below threshold shown with a lack of colour (black).
remove the rsi function and input a (source) function to this indicator
I was inspired by an article talking about volume confirmation on breakouts. I find volume in isolation to be misleading at times. But I do like the concept of VWAP. What if you had a moving average influenced by volume ( VWAP ), and another moving average not influenced by volume ( SMA ) both calculated using the same price inputs and period length. If you...
This update is requested by @hoangthonglx on the original code given by him
This is one of the techniques described by William Blau in his book "Momentum, Direction and Divergence" (1995). If you like to learn more, we advise you to read this book. His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the...
This is the script with alerts for the previous backtest. Modify "reversal" according to the pair It has take profit and stop loss too. Thanks and Enjoy...