A variation on the Auto-Line indicator, we allow it to get closer to the price thanks to a drift , this also allow the line to be more directional . This indicator can be used with moving averages using crosses as signals or as a band indicator by ploting a + dev as the upper band and a - dev as the lower one. For any help or suggestions feel free to send a...
"The Aroon indicator is a technical indicator that is used to identify when trends are likely to change direction. In essence, the indicator measures the time it takes for the price to reach the highest and lowest points over a given timeframe as a percentage of total time. The indicator consists of the "Aroon up" line, which measures the strength of the uptrend,...
A simple scalping indicator, based on Highs and Lows. It's working in any timeframe, the only condition is ... volatility . Values are already set, but you can change them according to your preferences and to your chart. Alerts are enabled. Enjoy! @ Zekis
This is a beginner script, any feedback is welcome. It indicates a bull trend with or without volume (yellow and green arrow) and give a buy signal (green flag) once the trend is "confirmed" and the stock became good for the buy market. I look forward to make this for a bear market as well, but it's not good for now. Symbols and its meanings: Yellow Arrows...
This indicator was originally developed by Doug Schaff in the 1990s (published in 2008).
Approach for detecting price 'chop'. It's quite simple; instead of trying to detect chop, just measure the weakness of a trend. This is done by essentially taking two moving averages, measuring their relative difference and then take a moving average of this difference of 'n' periods (Lookback) The result can be measured against a threshold 'floor' which...
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
4 different color trend show for weekly, daily and 4 hours. red : mavilim downtrend, and mavilim below the wma21 orange : mavilim uptrend, and mavilim below the wma21 lime : mavilim downtrend, and mavilim above the wma21 green : mavilim uptrend, and mavilim above the wma21 also on the current chart; u can show current mavilim, weekly wma21,...
weekly mavilim line,daily mavilim line and more,within your current chart. and shows multiple mavilim trend. if u need something like this
weekly 21wma,daily 21wma and more,within your current chart. and shows multiple trend. if u need something like this
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.
Rainbow Oscillator script. This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities V.15:7: Rainbow Charts).
Phase Change Index script. This indicator was developed and described by M. H. Pee (Stocks & Commodities V.22:5 (28-37): Phase Change Index). Other indicators of M. H. Pee:
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.