Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below. To reduce the number of...
Hello traders The SMA 50 is known to define a trend. If price is closing above, trend is bullish, if below, trend is bearish. That's why I like to have all of them on my chart :) Enjoy David
Hello traders Some friends asked me to do it so... sharing it for everyone instead This indicator detects when the first moving average is above the two others. It's a very powerful tool for trend traders that use multiple moving averages to detect a strong trend Enjoy Dave
Hello traders This indicator is to color the candles based on a MACD Zero LAG Just wanted to show that removing the noise from the candles natural coloring could be very helpful to determine a trend and stay focused Enjoy Dave
Hello traders This is an example of how you can add multiple indicators into a unique one In this instance, I added two supertrend multitimeframes and draw them on a different timeframe chart Enjoy David
When the indicator value is above the horizon line the trend is up, below the trend is down. Watch out for ranging markets.
Auto trend channel based on donchian or standard deviation.
Version 2 - Krowns Crypto 10 pack moving average set - written by "Kick Back Time" also known as Mr.Scrogers Neighborhood ...after receiving a lot of likes from the first version I thought I would go ahead and put out the updated version that I've been using There's a few things I've changed to make it easier to adapt to. This set is very similar to what...
A simple, but useful script for backtesting purposes. Find the optimal Settings for your strategy. tips are always welcome at: 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 (btc) I hope you enjoy the script :)
Introduction This indicator can have a wide variety of usages, and since it is based on exponential averaging then the whole indicator can be made adaptive, thus ending up with a really promising tool. This indicator who can both smooth price and act as a trailing stop depending on user preferences, i tried to make it as reactive, stable and efficient as...
An indicator that tell if market is trending or ranging, when the indicator is greater than 0.5 then market is trending, when the indicator is equal to 1 market is overbought/oversold.
I didn't find a BB stops indicator on TV, so I wrote one myself. You can select various ma types as a base anchor for the calculations. This indicator can have various use cases similar to Supertrend or Parabolic SAR: as a trend indicator, as a training stop loss,... JD.
Introduction People often ask me what is my best indicators, i can't really respond to this question with a straight answer but i would say you to check this indicator. The Autonomous Recursive Moving Average (ARMA) is an adaptive moving average that try to minimize the sum of squares thanks to a ternary operator, this choice can seem surprising since most of...
A way to see if market is trending or not trending based on highest and lowest closing price. Market is considered to be trending when the indicator is above 0 (in blue) and ranging when under 0 (in red) Quite simple but its a way to calculate the trend force since trend can be measured thanks to highest/lowest.
I took the "EMA_TKP_TREND SYSTEM" and converted it to plot a simple moving average for the "slow moving average".
The 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective. It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...