--- CONCEPT - HOW IT WORKS --- This script is based on moving average crossing lines (mirrored) with a signal line. --- WHAT IS DIFFERENT FROM OTHER MA SCRIPTS --- It's different in the formula for calculating the moving averages. Furthermore the length of the moving averages is deliberately not modifiable by user to avoid confusion in the beginner. --- WHAT...
This indicator is still in progress and right now in testing phase. New features might be added in the future. If background is red, and candle closes below the MAGIC line, then its a good entry for short. If background is green, and candle closes above the MAGIC line, then its a good entry for short. Yellow background means = Pay attention of trend change.....
This is a fairly simple indicator with good results when when paired with an extra confirmation indicator. You have two ways you can trade this indy. The first is to wait for a cross over, over the center line, which would be the more conservative way , but safer trades imo. The other way to trade this is to use it as an early entry using the lines on either...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Building on my previous I've attempted to distill everything down into its simplest form. All you need is to understand what the oscillator is telling you! Oscillator line crosses will trigger a signal and are colored in the respective direction for clarity. At its very basic usage, you can sell signals once they're oversold/overbought. Anything above/below the...
I use the horizontal scale lines on the MACD indicator as part of my scalping strategy along with other indicators like RSI/EMA and Market Cipher B when trading BTC I am looking for a cross above or below the 12.5 and 25 horizontal scale lines, along with lining up other indicators I set my alerts on the 5 min TF and look to the 15 and 30 min TF's for further...
SpiralFlex is a new spiral momentum trend indicator. It can be seen as a gray spiral, oscillating on the zero line. The spiral turns green on its edges whenever the trend is bullish and gray if the trend turns bearish.
™TradeChartist Intensity is a visual indicator that comes with Intensity color candles and Auto-fibs feature that helps any trader with Entry/Exit and levels confirmation based on where the price is, in relation to the Orange Price Equilibrium line and the 5 zones of Bull/Bear limits that fade into the top or bottom outer space. ™TradeChartist Intensity itself...
This is a price momentum indicator that calculates the change in price momentum over time with a simple moving average to use as a potential profit taking mechanism. The lookback period is for calculating the momentum plot on the chart. It measures the closing price between the current candle and the candle X periods ago. (orange line) The indicator also has a...
Balance Builder is the culmination of everything I've learned over the last few years and will be my exclusive FOREX and crypto trading indicator going forward. I will be developing and updating it on a regular basis. The unique signals it generates do not repaint, nor do they lag. What you are seeing is real-time and will not change once the current candle...
What is STC? This is an open source indicator but I added a few improvements to its code and a more friendly UI. The STC indicator is a forward-looking, leading indicator, that generates faster, more accurate signals than earlier indicators, such as the MACD because it considers both time (cycles) and moving averages. Like any chart indicator, the tool is best...
What is BDO? - BDO is the Better Donchian Oscillator. This is a proprietary indicator which I derived from the donchian formula. BDO usage 1. BDO is mainly used to determine overbought and oversold levels. I think it is more accurate in determing these levels than RSI or MACD. 2. It can also be used to follow major trends with a very high accuracy, although it is...
The black line is the current real price, and it's middle of the channel. when close price is in the channel,it means that the market is in balance. the market need a lot of energy to leave the channel,if the price can leave the channel,the channel will become support or pressure. 缠论中枢(简化版),没有行情时价格围绕黑色线上下波动,价格离开中枢需要较大的量能,一旦成功离开中枢,这个中枢将会变成支撑(压力). 同时他可以用作横盘位置识别
Greetings Fellow Traders! We have developed this simple and easy to use indicator so that all users can benefit from it by: • Reducing the amount of time spent trading. • Minimizing the risk of loss. • Accurate timing on entries and exits. • Signals are accurate in volatile market conditions. What is the PXI? The Plutus eXploration Index falls under the...
This is a correct Aroon Indicator with histogram and center line.
MACD but on the Quadratic Weighted Moving Average instead of regular Moving Average "The quadratic moving average ( QMA ) or quadratic weighted moving average (QWMA) is a type of moving average who is closer to the price when price is up trending. This moving average is defined as the square root of the moving average of the squared price." @alexgrover () Base...