Overall image: If the closing price is higher than the three Fibonacci EMAs (uptrend): Thanks to @ZenAndTheArtOfTrading and his indicator "Higher Timeframe EMA", URL = This is a trend-discriminating indicator that uses 3 EMAs. The Williams Alligator is the underlying philosophy, and we have applied it to capture the larger trend. It is set up for the...
▋ INTRODUCTION : A “Fibonacci Levels on Any Indicator” can be applied to any indicator to draw Fibonacci levels based on provided conditions of two price points to produce a sequence of horizontal line levels starting from 0% to 100% in addition to extension levels. The 0% level is measured as the start of retracement, while the 100% level is the beginning of the...
Plots support/resistance lines based on a neutral signal (white portion) of the Rail Line (variable moving average) for a period of time designated by the user (defaults to 9 bars). Support/Resistance lines will be removed after a period of tests and can be determined by the user (defaults to 26). Support/Resistance is deemed not as important or strong after...
This is one of my favorite indicators I've developed. It measures the strength of an uptrend or a downtrend and produces signals for when that trend is weakening. From my time trading I have learned that moving averages are not good signals to determine trend changes, because they are lagging indicators. However, we can use a moving average system - and the rates...
This is experimental moving average doesn't use a period/length but instead buffers the price per share and transfers that price per share at a given ratio per bar while also releasing the previous values at a decay ratio. The idea is that volume is the engine by which the price moves but spikes in volume can cause noise. By having a buffer of price per share...
The Ghost Ninja Moving Average indicator contains three ema averages. These are ema 21, ema 55 and ema 233. The values of the averages appearing on the screen are adjusted according to their own lengths. If you want, you can change the settings from the "Numbers of bars back" setting. The 1st moving average (EMA-21) will follow the price and will disappear if the...
Hello everyone, I present my first script. In it I collect a group of fully configurable moving averages, both in color, value and selection of the ones we want to observe. The moving averages I collect are 3 of each of the following types: EMA: An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on...
This indicator displays a Rolling Moving Average Convergence Divergence . Contrary to MACD indicators which use a fix time segment, RMACD calculates using a moving window defined by a time period (not a simple number of bars), so it shows better results. This indicator is inspired by and use the Close & Inventory Bar Retracement Price Line to create an MACD in...
This is my Channel Surfing indicator. It fires Buy and Sell signals based on multiple conditions. You can use EMAs or LSMAs. You will have to check the box of which moving averages to use once you add it to the chart. It plots EMAs or LSMAs using the different sources Close, Low, and High as the channel to surf. It fires a Buy signal if price crosses the...
This is the Olympus Mons indicator. It uses Braid Filter, LSMA, and Hawkeye Volume to fire Buy and Sell signals. I use this on the 5 Min. SPY chart to play 1 point scalp targets with options. I have been able to get a pretty consistent win rate using it like this. The default settings are what I use. Hope it helps any of you guys. Let me know if you see any...
What is Nadaraya–Watson Regression? Nadaraya–Watson Regression is a type of Kernel Regression, which is a non-parametric method for estimating the curve of best fit for a dataset. Unlike Linear Regression or Polynomial Regression, Kernel Regression does not assume any underlying distribution of the data. For estimation, it uses a kernel function, which is a...
This is a simple 3 times EMA, SMA, WMA, HMA , Timeframe selector which can send the above below to the multimit system to daisychain trends in
This indicator shows 4 moving averages of Open, High, Low and Close at the same time with an option to select SMA or EMA. If you implement this indicator twice, you can make it look like the following chart. One set of MA(red) is for current timeframe and another set(blue) is for higher timeframe, which is to identify potential support and resistance...
Filter: If green candle is 'x' % above moving average than colour of candle is turn in blue colour. If red candle is 'x' % below moving average than colour of candle is turn in orange colour.
A smooth looking indicator created from a mix of ALMA and LRC curves. Includes alternative calculation for both which I came up with through trial and error so a variety of combinations work to varying degrees. Just something I was playing around with that looked pretty nice in the end.
The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles. The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels. A cross on the zero line would generally indicate a change in trend / sentiment. This indicator...
Buying the dip has never been easier! LNL Pullback Arrows are here to pinpoint the best possible entries for the trend following setups. With the Pullback Arrows, trader can pick his own approach and risk level thanks to four different types of arrows. The goal of these arrows is to force the traders to scale in & out of trades which is in my opinion crucial when...
This is an indicator to display ATR20, EMA100 of ATR20 and date at a glance for trade practices using kojiro_indicaotrs. This will allow you to easily perform your practices. Please change the period of EMA and the display interval and size of the indicator as needed. Please enter small, normal, large, huge, or auto for the size. The following is in...