Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it.
Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI.
When analyzing the money flow index one needs to take into...
ema - you can choose length
it plots a custom price say x
it plots price x*factors >
you can edit these , the scrip is open source
it plots ohlc4 and ohlc4* factors
Price Channel Implementation.
You can choose to see indicator for Long or for Short trading and to determine frames for Open and frames for Close, in a sense that you could choose 4W for Open and 2W for Close.
Green line is to Open Position when broken, and Red line is to Close Position with broken.
Hope you enjoy with it.
The Normalizer adds an indicator to your chart with the option to view regular Volume, normalized Volume or normalized price.
Normalized Volume divides the current Volume bar into a moving average and multiplies by 100. The resulting plot is a histogram showing how far above or below the moving average that volume bar was.
Normalized Price does the exact same...
//Strategy based on the idea that stop loss and take profit are often placed at full price levels or round numbers, whcih acts as resistance and supports levels
//Actual price (close) is above round number.
//Round number level was not touched in previous ten bars (arbitrary value).
//Place a buy and follow the order with a trail step because price...
This indicator is intended to evaluate the quality of the bullish candles (close > open).
It will calculate the average size of the bullish candles from the last 200 periods. I'm assuming that a bullish candle with a superior wick or shadow equal or less than 25% of the total size of the bar is a good disruption candle. You can adjust at your own taste.
The Chauvenet criterion is a well-known criterion of selection and rejection of the data used by the Physics. It establishes that in an experiment is well to discard the data whose distance from the average is greater than a certain number of the delta.
In the stock market if prices move away from the average with a volatility too high are suspect. This principle...
Very simple indicator showing stock price's low / high range swing of the bars for of selected time interval.
Helps determine trading range of the stock price.
Depending on the price movement direction during interval bars on the graph changing colors
Also shows averaged price range line.