A easy to use script that uses EMA bands for indicating trend direction.
I created this indicator because it can be quite difficult sometimes to find the direction of the market, which supports and resistances are important, where to place targets, etc. This indicator is excellent for traders which trade on reversals and breakouts from resistances and supports. The indicator tries to make it clear which areas are of importance and...
A simple script that will change the color of the candle if it closes over/under the designated Moving Average. This makes it very easy to identify trends based on your selected Moving Average line length. You can choose EMA, SMA, or WMA and of course the length is adjustable as well. To see these candles, be sure to go into the Chart Settings and uncheck the...
The retracement tracker function(s) in this script outline how to: Track conditions using "toggle" booleans. Use multiple coinciding conditions to trigger an event just once. What is a retracement? "Retracements are temporary price reversals that take place within a larger trend. The key here is that these price reversals are temporary and do not...
This was the result of quite some time spent examining how much information could be gleamed by studying the interactions between Keltner Channels, STARC Bands and Bollinger Bands. I was surprised by the results. First of all, there are four fills that are black. Set the transparency of those to 0 and you'll see this indicator the way that it's meant to be seen....
Simply using a single RSI and placing a signal after it crosses the 50 level after being overbought or oversold in the same direction.
WTT Volume Trend by Morty Inspired by Natural Trading Theory It is a colored volume indicator based on the strength of single candlestick pattern. It also paints two weighted volume SMA, which shows the strength and trend of the market. Version 1.0, Updated at 20210327 Features: - Colored volume bars (Optional) - Weighted Bullish volume SMA trend lines...
Based on Dow Theory, a series of successive higher highs (HH) and higher lows (HL) is the sign of an uptrend (bull trend) and a series of successive lower highs (LH) and lower lows (LL) is the sign of a downtrend (bear trend). So this script indicates the trends using the concept and draws corresponding trend lines. It took some effort to make it possible for...
Hello everybody! I'm not much of a coder but I do make indicators for myself for fun sometimes and found this one super cool. Hope it helps! Basically it's a moving average that changes colors based on the trend. How does it do it, you may ask? Simply put, it checks and makes sure that the open and close price is above the moving average, then it checks...
Scalpius Trend & Decreasing Volatility Identify trends and 'decreasing volatility' trends (strong trends) Can be used on any market Setup usually used for 3 timeframes e.g. 2 min, 5 min, 10 min Contains 2 parts: I) Trend Indicator Trends can be defined in several ways, this indicator defines a trend that uses statistally significant price behaviour that...
This experimental script is a variant of a model that allows a separate indicator window to be opened, revealing data for on balance volume, rsi, consumer commodity index and momentum indications. By use of the settings key, you can change the parameter of the source input as well as the desired lengths. After data compilation, the indicator will automatically...
In This experimental study, we've taken RSI data, Volume Profile, and Trend analysis, combining them into one unique package that will allow a trader to analyze market trend lines and their proposed channels, trend momentum through candle color augmentation similar to "Pulse", and Visible Volume index price levels on chart for the current sequence. Below are...
It's been a while since I have published anything meaningful for all members, but here is my next step in evolution of trend channel technology, my attempt at "Quadratic Regression Trend Channel" custom tailored for regression enthusiasts. I'm actually doing a lot more than my profile shall ever reveal. Many members may have heard of "polynomial regression...
The Genesis Matrix (GMMI = Genesis Matrix Momentum Indicator) is primarily a momentum indicator that can be very well combined with other indicators to easily detect possible trend changes. This is a translation/interpretation for TradingView from the original Metatrader 4 code which is Open-Source and was developed by "realjumper". More information here:...
ema50 and ema 200 = blue and green shows uptrend red and orange shows downtrend highlighted 'golden cross' = green shows uptrend started red shows downtrend started
Tradespot - Trend Suite No configuration needed, works out the box Best used as a HTF analysis tool (1D, 3D, 1W, 1M), but can be applied to LTFs. Makes use of a complex combination of indicatorss to paint a visual snapshot on the current trend Completely open to building a core trading strategy upon Want to know more or have questions? Come join the...
Version 1 The SSI.FX Global Algo uses a very fine tune trend filter that helps eliminate the noise of the market This is a trend following indicator based off a moving average, but this is a exceptionally calculated Non-Repainting/Zero Lag moving average that allows you to enter the market with a mathematically calculated; high probability certainty. This...
This indicator is very easy to use, but it is still good to follow some basic rules when using it. Whatever time frame you use, it is always necessary to wait for a particular candlestick to complete. Only in this way can we reach certain conclusions. You can use the indicator in both directions. When a particular currency rises and when a particular currency...