Max distance from weekly averageAfter extended advances, stocks occasionally have a last surge higher and form what is known as a climax top. One way to gauge this is to study what distance the stock is, in percentage terms, vs a moving average. However, most indicators use the close of the bar rather than the high of the bar for this calculation. Stocks that have big reversals may not show to be overextended when looking at a weak closing price. therefore, this tool looks at the high of the week vs the 10-week moving average so that the closing price does not affect comparisons between different weeks.
Climax
Buying/Selling ClimaxEnglish:
This indicator is designed for the stock market and marks potential buying or selling climaxes. If a "buying climax" or "selling climax" is marked, the probability is high that this price level will not be exceeded or undershot quickly. The indicator is used exclusively on the weekly time level.
Conditions for a "Buying Climax":
- New 52-week high
- The week closes in the loss "red week”
Alternative: The week closes below the opening price of the previous week
Conditions for a "Selling Climax":
- New 52-week low or crash (in the stock).
- The week closes in profit "green week”
- The 2 previous weeks are losing weeks
Alternative: The week closes above the opening price of the previous week
Deutsch:
Dieser Indikator ist für den Aktienmarkt ausgelegt und markiert potenzielle Kauf-/ bzw. Verkaufs-Höhepunkte. Wird ein „Buying-Climax“ bzw. „Selling-Climax“ markiert, ist die Wahrscheinlichkeit hoch, dass dieses Preisniveau nicht so schnell überschritten bzw. unterschritten wird. Der Indikator wird ausschließlich auf der wöchentlichen Zeitebene eingesetzt.
Bedingungen für einen „Buying Climax“:
- Neues 52-Wochen Hoch
- Die Woche schließt im Verlust „red week“
Alternative: Die Woche schließt unterhalb des Eröffnungspreises der Vorwoche
Bedingungen für einen „Selling Climax“:
- Neues 52-Wochen Tief oder Crash (in der Aktie)
- Die Woche schließt im Gewinn „green week“
- Die 2 Vorangegangenen Wochen sind Verlustwochen
Alternative: Die Woche schließt oberhalb des Eröffnungspreises der Vorwoche
Climax Volume (Expo)Climax Volume (Expo)
DESCRIPTION
Climax Volume (Expo) indicator is designed to detect escalated trading volume and sharp price movements. Climax occurs from the last rush of investors who buy into a rising market or sell into a declining market. In both situations, a climax usually signals the end of a strong bullish or bearish market trend.
The investor has the ability to adjust the sensitivity of the climax as well as the length of the volume being included in the calculations. Longer Volume length means that the indicator detects bolder climaxes.
HOW TO USE
1. Use the indicator to detect Climaxes
Combine the indicator with ‘ Exhausted Volume (Expo) ’
INDICATOR IN ACTION
EURUSD
EURUSD
BTCUSD
BTCUSD
The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Better X-Trend / VolumeBetter Volume Indicator no tickvolume
EasyLanguage Code Version 19 August 2012 Copyright www.Emini-Watch.com All rights reserved
Better Volume Indicator
emini-watch.com
emini-watch.com
Thx to @sal157011 for his code, a just add icons to work easier with my setup
TCG Price Shear PlusThe Chart Guys Price Shear and Abnormal Volume Alerts all rolled into 1 FREE indicator
Based on TCG Price Shear V2 by urisma and Volume Spikes by OstapChester
This powerful script combines Abnormal Volume Alerts with Price Shear which can be based on either ATR or % deviation from an ema, which intern can also be filtered by Abnormal Volume for less false signals.
Look out for my next indicator which will be called TCG Price Shear Plus Scanner which will scan and alert you for several different assets at once!
Enjoy