Our DCA tool is an indicator that is mostly based on RSI. The DCA tool is there to let you know where you should start averaging your entries or longing or shorting a financial asset. It can also give you an idea about when a market can start going the other way depending on the time frame you are using. DCA will signal two different buy signals and two different...
Relative Strength Comparison with automatic selection of relevant index Added support for most european and north american exchanges.
Modification to Elder's Force Index (EFI) Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results! Adjust lookback from standard/suggested 13 candlesticks Added a color indication to positive or negative force reading Added background color tint for an easier read on dashboard setups Suggested...
Dear Followers, does volume say something about market makers and what will happen in near future? Today a new Price Action Tool , the "Volume that matters" indicator. When a Market Maker executes his/her orders, there is no way he/she can do it without giving us some footprints: volume! Specific Volume spikes happen as reactions at support or resistance...
This gauge is the band break Ewo, or rather known as the advance get the mechanical trader ewo. Buy when the back and the candles are painted blue, if you activate see ewo on the chart buy when the candles are above the upper band. Sell when the back is selling and the candles are painted red or if the ewo is on the chart sell when the candle is below the band.
This moving average was developed by John Josephen in his Mechanical Trader Book. Buy when the price is above the moving average you will also see that the candles are painted yellow. Sell when the price is below the moving average, you will also see that the candles are painted red. It also has the standard deviation 13 periods and deviation 1 of the same moving...
Dear Followers, today a new Price Action Tool , the "Pinbar that matters" , also known as Hammer (bullish case) and Inverted Hammer (bearish case). Everybody knows the importance of pinbar to highlight reaction at support or resistance range , as well as at supply and demand zones market makers' actions trend switching in short-term and mid-term...
this indicator is On Balance Volume (OBV) and BB Stop with ema. Buy: when the OBV is over Move average (gold) and BBstop is aqua. Sell: when the OBV is below the moving average and BBstop is orange. Check all time the tendency with channel support and resistance and Fibonacci levels.
Dear Followers, today a new Swing and Scalping Strategy based on WVAP , mainly designed for Bitcoin and High-Cap Cryptocurrencies, like Ethereum. It works also on Forex and Stocks. It works great since 15m and above till 1D. I suggest you to use it on 15m, 30m or 1h timeframes . VWAP or "Volume Weighted Average Price" is a volume-based indicator similar to a...
#Always follow MAJOR trend, find MINOR trend as per Major trend and choose entry/exit accordingly . Suppose major trend is blue so only go long while inside minor trend is green, when it turns RED exit from long but dont short in BLUE i.e. major uptrend and vice versa for downtrend i.e. major should be pink and minor should be red for short and when it turn green...
The Larsson line supports trend trading of tech assets over long timeframes: - Trend trading (unsuitable for range trading) - 4h candles to monthly candles (less suitable for hourly candles, unsuitable for high-frequency trading) - Tech stocks and cryptocurrencies (not designed for commodities) The indicator can aid traders following a rule based trading system...
Parabolic sar and LEMA in heiken ashi indicator mode, buy when Parabolic sar this aqua and LWMA candles are aqua too, sell when both indicator colors are orange
Dear Followers, today a new Scalper Tool , which works great on all timeframes , from 1 minute to 1 month! Keep in mind that this is a Scalper, so it's always a good idea to take or lock your profits, despite you may use it also for swing trading. This tool has some cool features: it works on all timeframes , from 1 minute to 1 month! you can change a...
Our Auto Trend Lines indicator draws trend lines for you. Instead of going into the hassle of drawing and connecting points you are not sure of, we have made this now possible for you. Our indicator will automatically draw trend lines for you, the present trend lines will be in a solid line, while previous historical lines will be dotted. There are two colors for...
Hello. This script is a simple U.S Indices Data Terminal. You can also set the period to look back manually in the menu. In this way, an idea can be obtained about Major U.S Indices. Features Value changes on a percentage basis (%) Recently, due to increasing interest, the NQNACE index has been added. Index descriptions are printed on the...
The indicator comes with 4 Moving Averages Default 25 55 150 250 Support/Resistance ATR breakout signals (use on higher TFs) Bollinger Bands
Hello, if our topic is stocks, whatever signal we get, we have to divide and reduce the risk. Apart from the risk, we need inflation-free figures to detect a clear growth. Gold is one of the most successful tools to beat inflation in this regard in the historical context. When the economy is good, we have to beat both commodities and inflation. For this purpose,...
This strategy is focused on Long Position and no Short Position in this strategy. The Purpose I make this just focused on long strategy to avoiding bias in trading and i try to make sustainable profit for long term by tracking an instrument value every time. This Indicator setup is very good with Bitcoin 1 Hour Timeframe, but no limited to Bitcoin itself, it can...