This is a slight modification to the MACD indicator. The golden cross indicator makes use of EMA 7 and EMA 21 as well as MACD together, in which it will turn the MACD line yellow & fill the MACD with a yellow background when MACD is above the signal line and EMA7 is above EMA21. This is best suited for swing trading on a daily timeframe.
This RSI has a couple modifications. It works with bullish and bearish control zones and implements both a 12 EMA as well as the "magic" 89 Moving Average. First, the ranges. Whenever the RSI moves above 65 the bulls are in control. Whenever the RSI moves blow 45 the bears are in control. Everything in between in neutral. Traders can use these levels for...
This strategy uses a SMA much like an the faster EMA in many oscillators and the T3 average of the same period as the intermediate trend. Exits are defined by encounters with the Bollinger Band. The long term trend is defined by T3 moving averages of an even longer period.
Hi all, This strategy is based on the Amazing scalper for majors with risk management by SoftKill21 The change is in lines 11-20 where the sma's are replaced with Triple ema's to lower the lag. The original author is SoftKill21. His explanation is repeated below: Best suited for 1M time frame and majors currency pairs. Note that I tried it at 3M time frame....
A simple cluster of EMAs that will switch the lengths based on intraday or not. The fast, medium and slow periods will switch to set values as per input.
This is a 5 Ribbon heatmap moving averages indicator where each represents a different time frame, The RED or GREEN color palette is also affected by asset velocity using ATR. Supports various moving averages including VMA (Default), Zero Lag, TSF (Time Series Forecast). A single ribbon is set to GREEN when fast MA (moving average) is above the slower MA and RED...
This uses combination of 1. EMA difference 2. stochastic Green column = up move Red column = down move Silver column = neutral
Indicator to identify the beginning of a Momentum, designed to use for the Malaysian market(I haven't tried it on other markets). Best to use on 30 minute timeframe. When all criteria is fulfilled, there will be a "^" logo appearing below the candlestick . Not to be commercialised, feel free to PM me for any improvement or suggestion. Happy trading.
Key Factors traced - Price: EMA (Exponential Moving Average) - Volume: WMA (Weighted Moving Avg.) - Strength (Momentum): RSI (Relative Strength Indicator) Default parameters 1. RSI at 9. Over brought & Under sold to 50 to be used as a median. This can be altered to the traditional 70:30 or 60:40 2. WMA at 21 3. EMA at 3, Exponential for Intraday trades
A simple indicator that illustrates where close price is in comparison to an MA. Just click the configure box and type in the EMA you want to monitor. The default is the 8 EMA . To read the indictor: - Green Line - Close price is above the EMA - Red Line - Close price is below the EMA . If you wish to have this indicator customised, please do not hesitate to...
Level: 1 Background The Guppy Multiple Moving Average (GMMA) is a technical indicator that identifies changing trends, breakouts, and trading opportunities in the price of an asset by combining two sets of moving averages (MA) with different time periods. There is a short term group of MAs and a long term group of MAs. Function L1 GMMA Long Entry classify...
My own interpretation indicator which i call multi time frame moving averages momentum with NO LAG EMA support (Optional). The indicator is calculated by subtracting the long-term EMA from the short-term EMA . This pretty much resembles the MACD moving averages calculation but without the smoothing of the histogram. Can also be used to find divergences. The...
Moving averages are considered as aligned when either all faster moving averages are placed above their next slower moving averages or all faster moving averages are placed below their next slower moving averages. In this script, we are considering moving averages of 5, 10, 20, 30, 50, 100 and 200. User can select different moving average types from input : sma,...
Turtle Atom Duck shows potential buy and sell It consist of 3 indicators Turtle - Donchian Channel - bullish when price close above previous 1 bar high - bearish when price close below previous 1 bar low Atom - Bollinger Band - bullish when price close above upper band - bearish when price close below lower band Duck...
Please read description before purchase and use this indicator. If you have a question please feel free to send PM to us. This indicator has 4 different strategies, which are: - Early Buy / Sell - Buy / Sell - Pump / Dump - Strong Buy / Sell These 4 different strategies are based on multiple moving averages (EMA, WMA, SMA). It combines many different...
Description: This is an indicator based on morning star and evening star pattern recognition, a known technical analysis pattern. I've built on top of the original script shared by @RomanLosev and extended it into a more refined trading strategy called Caves by a trader known only as Farid. The cave long and short indicators represent buy and sell signals based...