This Adx +-Di is just a complete version of what the ADX is supposed to signal. So you have: 15 (contraction), 20 (threshold), 30 (expansion), 40 (resistance) levels. Below 20 the price is not trending Above 30 the price is trending Below 15 price has been in contraction for too long Between 20 and 30 price is in a "transition zone". I finally added a...
This indicator creates an trend channel based on an EMA/SMA combo and a Parabolc SAR indicator. Watch for the peaks and the size of the red/green channel for possible trend change. Can also be used as an Entry/Exit/Stop-Loss setting tool.
An easy Stochastic-RSI and RSI combined to show oversold and overbought areas.
This indicator shows the relation of price against different period ma's. When put in daily Timeframe it gives the 1400 Day (= 200 Weekly) and the 200 ,100 an 50 Daily. The lines show the 200,100 and 50 ma in relation to the 1400 ma. JD. #NotTradingAdvice #DYOR
CryptoCoyns MACDS This indicator implements a standard Moving Average Convergance / Divergance that works on any chart timeframe. It shows the strength of the current trend. MACD Crosses are highlighted with yellow circles to make them more obvious. Strength is indicated by histogram colours moving from Red (weak) through to Light Green (strong): Red indicates...
A Moving Average With Less Whipsaws Signals The cross of the price with a moving average is one of the easiest strategy in technical analysis and could have worked if market price wasn't so noisy (In general periods of 1 to 20 produces the most whipsaws) . So it is possible to create a moving average who can manage to escape those noisy periods and produce 0...
This script tries to identify trending regions and ranging choppy regions. Green areas are trends; Red areas are consolidation areas. If you are a trend follower trader you should focus on green areas; If you are a harmonic pattern trader you should focus on red areas. I did not play with the parameters extensively, but as a rule of thumb higher parameters...
this is basically a clone of the super a/d indicator but we're using a standard ichimoku as the source for the trend instead of the supertrend indicator
This script adds red/green blocks to the top of every chart that show the current daily Heiken Ashi candle colour, so even when you're on a 1h or 4h chart you can quickly see if the current day is bullish or bearish. The higher timeframe is customisable too, so if you prefer to use weekly HA values, then now's your time to shine. Useful for quickly going through...
This is a very simple script... it does not necessarily create signals. It only provides useful feedback via statistics & probability. There will be a green background if there are two green bars in a row, and it will stay green until two red bars show up (in which it switches color to red until two green bars show up again). The fuchsia arrows show the double...
This is a simple Day Trade indicator, but can be used for swing and long term trades. It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows. The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout...
An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red. === Bar Color Meaning === Green: uptrend Yellow: don't care Red: downtrend I think it can be useful! Thanks!
Another Adaptive Filter This indicator share the same structure as a classic adaptive filter using an exponential window with a smoothing constant. However the smoothing constant used is different than any previously made (Kalman Gain, Efficiency ratio, Scaled Fractal Dimension Index) , here the smoothing constant is inspired by the different formulations for...
This indicator is hybrid of some indicator with some modification The system is very simple (red sell, green buy ) you can use ATR system , part of price system or traditional system . and for each time frame that you use set the TF =tf to same time frame or higher then the frame that you use Its has many nice functions but in basic it show you the up trend of...
Synergy Stats This indicator is intended to complement the Synergy indicator. It provides the following statistics: A percentage showing how often the two assets move in the opposite direction over a given lookback period. Similarly, another percentage showing how often the two assets move in the same direction over the same lookback period. Count the...
Synergy This indicator was developed for use in an investigation/tutorial using Pine Script to analyse Gold and US Dollar Index correlation. The first indicator shall measure the percentage change between the open and close of each bar and compare it to the same percentage change of an alternative asset. Additionally, we shall color the background when the two...
EMA and MA crossovers are good signals fo trend reversal You can look at my other scripts. www.tradingview.com If you want to ask something, you can message me.