The Predictive Channels indicator is a real-time estimate of a trend channel. The indicator returns 2 resistances, 2 supports, and an average line.
The Predictive Channels attempt to find a real-time estimate of an underlying linear trend in the price, the returned supports/resistances are constructed from this estimate.
The area between the...
I am elated to introduce the "Supertrend Multiasset Correlation" , a groundbreaking fusion of the trusted Supertrend with multi-asset correlation insights. This approach offers traders a nuanced, multi-layered perspective of the market.
The Underlying Concept:
Ever pondered over the term Multiasset Correlation?
In the intricate tapestry of...
"Predictive Volume + MTF " is a predictor of near-future volume available on 13 of your favorite time frames. The script calculates the volume's % change (PredVol) between Current Volume vs. Previous Volume by predicting whether PredVol will be higher or lower at the end of the current bar using an "elapsed time" vs "volume so far" concept. This gives the benefit...
"Predictive Volume + HTF " is a predictor of real-time to near-future volume % change on the current chart and the next highest time frame. The script calculates the volume's % change (Pred Vol) between Current Volume vs. Previous Volume by predicting whether Pred Vol will be higher or lower at the end of the current bar using an "elapsed time" vs "volume so far"...
Advanced Donchian Channels displays future donchian channel values based on the current information on the chart.
It displays a normal donchian channel at the specified user length with the future values extending from the current bar.
Depending on the direction of price movement, these values do not repaint. It is known when it does and does not repaint, and the...
The indicator is an experiment to Predict Stops and 1st target for any liquid security and for any timeframe,
The indicator is made using Predictive Differential Filter of 2nd Degree
and an Adaptive Filter to generate Signals and define Targets and Stops
An adaptive filter is a system with a linear filter that has a transfer function controlled by...
The Leavitt Convolution indicator was created by Jay Leavitt (Stocks and Commodities Oct 2019, page 11), who is most well known for creating the Volume-Weighted Average Price indicator. This indicator is very similar to my Leavitt Projection script and I forgot to mention that both of these indicators are actually predictive moving averages. The Leavitt...
OCS : Optimal Confidence Scalpers, Utilise the computational approach towards finding confidence estimating in signal generating process, It helps u enter and exit the financial markets quickly, It buy and sell many times in a day with the objective of making consistent profits from incremental movements in the traded security's price. As we all know...
Originated by John F. Ehlers, could be found within (Rocket Science for Traders, pg. 212). Aim to provide a leading indicator (I assumed for the shorter time period), which smoothed the price with no lag. The indicator derives from 2 lines crossing i.e. a weighted moving average, of higher length as a predictor and shorter length as a trigger.
Bollinger Bands of different lengths are displayed with a line chart in front of the candle.
A Bollinger band with a length of 20 and a Bollinger band with a length of 120 can be easily identified by the circle and color displayed whenever the line passes.
In the input menu, you can edit the length and deviation of the Bollinger band, the number of candles to be...
This is one that I've been working on a very, Very long time. As easy as it is to draw after the fact, as someone well versed in Supply and Demand; it's a bit more difficult to create all the calculations to show them, code them out, and then I went a step further — attempting to predict future ones as well.
Let's talk about what Supply & Demand...
The Optimum Predictor was created by John Ehlers (Rocket Science For Traders pgs 209-210) and this indicator does a pretty good job of predicting major market moves. When the blue line crosses over the red line then this indicator is predicting an upcoming uptrend and when the blue line crosses under the red line then it is predicting an upcoming downtrend. Ehlers...
This script attempts to equip users with the necessary information about the direction of an instrument, and essentially it is a synergy of 3 algorithms.
The first algorithm (plotted as dots at level 0) studies the balance of delta volatility that constitutes the current bar and answers if bulls or bears are in control at that exact bar time
The second algorithm...
The Voss Predictive Filter was created by John Ehlers (Stocks and Commodities August 2019) and this is a unique indicator in that it tries to predict future price action. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators you want me to publish!
John F. Ehlers introuced Predictive Average in his "Rocket Science for Traders" chapter 20 on 2001.
The concept of taking a difference of lagging line from the original function to produce a leading function suggests extending the concept to moving averages. There is no direct theory for this, but it seems to work pretty well. If...
I have been sitting on this for over a year, but I now present this "Voss Predictive Filter" multicator employing PSv4.0 upon initial release, originally formulated by the great and empowering Dr. John Ehlers for TASC - August 2019 Traders Tips. This is a slightly modified version of the original indicator John Ehlers designed. My improved implementation is an...
Just 2 Moving Averages with adjustable settings and shifting capability, plus signals and predicting continuations.
At the time of publish these different types of MAs are supported:
- SMA (Simple)
- EMA (Exponential)
- DEMA (Double Exponential)
- TEMA (Triple Exponential)
- RMA (Adjusted Exponential)
- WMA (Weighted)
- VWMA (Volume Weighted)
This is the optimized version of my MTFSBB indicator with capability of possible bands prediction in case of negative shifting (to the left).
Make me happy by using it and sending me your ideas about the prediction.