Trend continuation factor, by M.H. Pee
The related article is copyrighted material from Stocks & Commodities.
WARNING:
- This script to change bars colors.
This script can spot the candle to exit a trade
it works only on 1d timeframe
Do not trade the signal, just use it to exit the trade in profit (it's not a reversal signal)
NO REPAINT - it' based on current candle close
You can try it for a limited period, ask for access in comments
I decided to work on a series of trend-following indicators, which use special moving averages to catch up with the market's trend.
This "Trend Following Stochastic" does a great job in smoothing out unnecessary noises and tries to give users a more accurate direction to which the market is moving.
If you want this TA, please put me on notice in personal...
This Trend Following RSI aims to remove noise, and to provide users with the information that the market is marking up or down. The theory behind is that it adopts a special moving average to calculate the RSI value.
Green line indicates the oversold(30) or overbought(70) of short term trends while blue line does that for long term.
It can be useful if you...
Cut through chart noise with Zig-Zag Bounce!
Every time the trend bounces, we show you the highs and lows giving you an incredibly clear overview. Makes it much easier to spot where your Elliott Waves should fit :)
Pick Bottoms and Tops of a trend with ZTrend indicator.
Rules of Trading with ZTrend
1) Use this indicator in multi frame for superb results.
2) If you are a Short Term trader, then use 2 hourly and Daily timeframe combination. So after a downtrend, buy when 2 hourly candle turns green and wait until Daily candle also turns Green. Exit when 2 hourly candle...
Pick Bottoms and Tops of a trend with ZTrend indicator. Use this indicator in multi frame for superb results.
If you are a Short Term trader, then use 2 hourly and Daily timeframe combination.
So after a downtrend, buy when 2 hourly candle turns green and wait until Daily candle also turns Green. Exit when 2 hourly candle turns red.
Ride the trend and do not...
This study is a simple variation of M. H. Pee's Trend Intensity Index that includes two signal lines rather than one for additional trend confirmation.
Grab pips with Hawkeye Grabba
Grabba is a simple mechanical system that you can manage yourself, using your own risk and reward profile.
The Hawkeye Grabba is a risk management tool which provides traders with a visual representation of the risk-to-reward profile on every trade.
For example, you can apply your own profit targets (say 10 pips) and each line...
Exit at the right time with Levels ATR!
Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management.
The Levels ATR indicator helps traders identify clear exit strategies.
Inexperienced traders can:
spend too long focusing on where to enter the position
spend no time on where to exit or...
Exit at the right time with Levels ATR!
Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management.
The Levels ATR indicator helps traders identify clear exit strategies.
Inexperienced traders can:
spend too long focusing on where to enter the position
spend no time on where to exit or...
Follow the momentum - 2/4/8hr or Daily, take your pick. Use 2 or more TFs together for greater chance of a winning trade.
Also brilliant for spotting divergence.
This one is my favorite indicator.
hi BTChes,
green is when the price drops below the 100 day MA
red is the intensity of the 14 day RSI
BUY @ green
SELL @ the second or third RSI spike
most importantly, keep in mind fundamentals :)
-joie
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1) When the current price exits the VWAP margin....
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KISS has just two lines to...
Fatboy is a powerful and extremely flexible indicator, and like Fatman, it instantly reveals which markets are overbought, and which are oversold. But it also reveals which markets are correlating and which are not, giving a valuable insight into the overall market in one simple picture.
The Fatboy can be configured to work with stocks and ETFs, and is very...
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