General info and acknowledgements
Date of publishing: 20th of july 2017
This script is based upon Davinci's dav-o meter and his original script, which searches for W's and M's in price, OBV, RSI and/or Willy.
Although the original script is elegant, a W or M has to occur within 5 bars.
However, often what you will see is...
BullTrading PA-MACD contains different algorithms based on price action to calculate and display the popular MACD indicator. It will display more relevant crosses without sacrificing much sensibility (use fractal entries).
Bars of largest range (volatility)
* see moments of strongest price action immediately
* colored & upDown by candle color
* amplifier: you see only the bull runs, and subsequent dumps
Very nice on the 5 years scale of BITSTAMP:BTCUSD - nothing comparable to 2013 has happened yet.
squared_range = pow(high-low, 2)
Given enough time, market tends to oscillate around the true price. The true price slope gives information about the long term trend. Ro True Price lights red when the trend is down, green for up. If the color is blue market is in a decision period. For intraday lower the precission value to make signal sensitive to short term action.
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.
Price Estimator with aggregated linear regresion
How it works:
It uses 6 linear regression from time past to get an estimated point in future time, and using transparency, those areas that are move "visited" by those 6 different regressions and maybe more probable to be visited by the...
Overlays the Average True Range high/low over Price. Shifts between support and resistance levels (based on ATR-21) according to price trend and breaks.
Average true range: en.wikipedia.org
This is similiar to the Price Oscillator ( PPO) that you can find in the Technical Analysis: Built ins.
It is just added colors so you can see patterns when the lines( histogram) are crossing , maybe add some alerts when plots are crossing different levels.
I want to say that I´m no expert in this area, I just had an idea about this and wanted to see if...