High lights the bars based on the RSI (to avoid losing space for another indicator)
EXPERIMENTAL: Dollar version.
EXPERIMENTAL: Added Smoother avg for a better visualization of the trending strength.
This is the alert script for the P2-V2 Strategy. For some reason pasting it into the P2-V2 description results in some of the lines becoming corrupt. So figured the best way would be to publish it. original strategy
Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator. Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator. Make the chart yours using the share button for the indicator with barcolors functionality. Changes from v2 and looking forward: Indicator now uses a...
Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator. Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator. Make the chart yours using the share button for the indicator with barcolors functionality. Changes from v2 and looking forward: Indicator now...
Oscillator for various uses, divergence versus price action and "0" crossing of trend/move change among others. Use with caution
This indicator calculates and plots 2 separate EMAs of the RSI. The default settings below work great on SPX/SPY daily chart. General rule is if an EMA is above 50, the stock's near term outlook is bullish. If an EMA is below 50, the near term outlook is bearish. Personally, I like to use a fast EMA as a buy signal and a slow EMA as a sell signal. Default...
Request for jackvmk. Adapted from: ||--- Damiani_volatmeter.mq4 v3.2 ||--- Copyright © 2006,2007 Luis Guilherme Damiani ||--- www.damianifx.com.br
What about to display Stochastic Oscilator in EMA-ATR Bands? If you like the idea I would code advanced version
Adapted from: Credit: gb50k a great way to look at correlation and arbitrage.
Based on increasing and decreasing strength, this indicator will give a good indication of when a short or long opportunity is available.
Hi all, here is an updated version of the indicator script I published yesterday. The goal of this indicator is to try and find darkpool activity. The indicator itself is not enough to fully identify darkpool but it should be able to detect quiet accumulation. What makes this Balance of Power different from others on TV is that it is smoothed by using a moving...