This script clearly shows trends. Add it to your charts, adjust colors and brightness and apply your trading method accordingly. It does not repaint and work well in all timeframes.
This is version 2 of Ultratrends. Like the last version: Fuschia is pivot down, yellow is pivot up, up is confirmed up, down is confirmed down, green is uptrend, red is downtrend, gray is no trend. "UP" Is a good indication that the market is going to go up. "DOWN" is a good indication that the market will go down. However, use your head. Think about...
This works only on charts with real volume...if it does work
Hello, this is just a script that helps to identify "inside bars" on the current time frame or a higher one, by coloring them with the selected color.
This indicator detects microtrend reversals based on crossing of the DMI+ and DMI- + signals It indicates the trigger event on the chart as well as the reversal candle In addition to that it shows a countdown above the bars This is helping when multiple reversals occur Important: when the Bollinger Bands are crossed in the previous bars it's possible that the...
This indicator detects microtrend reversals based on crossings of the DMI+ and DMI- signals It indicates the trigger event on the chart as well as the reversal candle In addition to that it shows a countdown above the bars This is helping when multiple reversals occur. Important: when the Bollinger Bands are crossed in the previous bars it's possible that the...
This indicator uses several signals to visualize a "perfect candle" to enter a trade. It colors the background to identify the zones of interest (multiple configurable high or low RSI zones). Underlying is a trendbar with the current MACD direction. It's possible to tweak the indicator with a lot of options in the settings section (e.g. for which period you want...
This indicator uses several signals to visualize a "perfect candle" to enter a trade. It colors the background to identify the zones of interest (multiple configurable high or low RSI zones). Underlying is a trendbar with the current MACD direction. The indicator is using signals of: --MACD --RSI --PVT --ATR --AD and DMI+/DMI- When all 7 criterias are met it...
I got this e-mail from some place called Trading Pub that had what they claimed was some indicator that made money every time. They included the formula and I'm interested in coding so I thought I'd give it a try. It looks like it's supposed to; it doesn't look like magic like they said (of course). This is much cheaper than paying them a bunch of money to lose...
This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. Please, use it only for learning or paper trading. Do not for real trading.
GUPPY MULTIPLE ESTIMATED MOVING AVERAGE (EMA) is for Trend Trading. This script uses three sets of crosses to give us an indicator of possible trend reversal. Red cross is the first alert, followed by blue and black. Black cross being the strongest, red cross weakest. More information about Guppy Trading can be found in the link below
Now it should work better but is only for intraday charts. There are some other glitches though; I'll try to fix them as soon as possible.
Fractal Adaptive Moving Average Rate of Change. Use it with FRAMA
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...
etfhq.com Overall the D-AMA produced results that were near identical to that of the FRAMA but the D-AMA is a slightly faster average. It is very difficult to pick between the FRAMA and the D-AMA but becuase the FRAMA offers a slightly longer trade duration it the best Moving Average we have tested so far.
Here we have an intramarket correlator taken as an excerpt from the L-O-L-A institutional trading system. The plot displayed on the screen is the correlation index of the correlated security plotted against the security data series. Suggest simple line plots of contrasting colors. When the plot is below the security price this is an indication of a strong...
Simple program to look for day of week or day of month patterns in chart data. All original work by Boffin Hollow Lab Author: Tarzan