Nononsensefx

+ Bollinger Bands Width Here is my rendition of Bollinger Bands Width. If you are unfamiliar, Bollinger Bands Width is a measure of the distance between the top and bottom bands of Bollinger Bands. Bollinger Bands themselves being a measure of market volatility, BB Width is a simpler, cleaner way of determining the amount of volatility in the market. Myself, I found the original, basic version of BB Width a bit too basic, and I thought that by adding to it it might make for an improvement for traders over the original.

Indicateur

par ClassicScott

+ Average Candle Bodies Range ACBR, or, Average Candle Bodies Range is a volatility and momentum indicator designed to indicate periods of increasing volatility and/or momentum. The genesis of the idea formed from my pondering what a trend trader is really looking for in terms of a volatility indicator. Most indicators I've come across haven't, in my opinion, done a satisfactory job of highlighting this. I kept thinking about the ATR (I use it for stops and targets) but I realized I didn't care about highs or lows in regards

Indicateur

par ClassicScott

NNFX Exposure Utility OVERVIEW This tool allows the user to manually keep track of how much of their account is currently exposed to each currency, and keep that information handy and organized on the chart as a table. It is specialized for NNFX traders who are trading all the pairs among the 9 major currency crosses: AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD. HOW DO I USE THIS INDICATOR? Before you take a trade, you should open the indicator settings for this indicator and check off which currencies you a

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+ Dynamic Fibo-Donchian Channels This is my second Donchian Channels indicator (and will probably be my last because how many does one really need). This version is different from my other one in that, well, it's 'dynamic' which simply means that it self adjusts based on the same formula that my Ultimate Moving Average does. What does that mean? It just means that the script takes an average of 8 different length, in this case, highest highs and lowest lows. The user doesn't need to pick a lookback/length/period/what-have-you.

Indicateur

par ClassicScott

+ Awesome Oscillator Hi again. I have another indicator that I think is pretty neat. I had the idea of creating an Awesome Oscillator for my Ultimate MA, just to see what kind of signals it might produce. If you're not familiar with my UMA you should go take a look at it, but essentially it is just an average of eight different length MAs, and if you're not familiar with the Awesome Oscillator, it is simply a comparison of the gap between two different moving averages (traditionally a 5 and 34 SMA) plotted as a his

Indicateur

par ClassicScott

+ Magic Carpet Bands Fun name for an indicator, eh? Well, it is true, I think; they look like magic carpets. They're actually pretty simple actually. They're Keltner Channels smoothed with a moving average. If you go down to the lookback period for the bands and set it to 1, you'll recognize them immediately. Digging a bit deeper you see there are four magic carpets on the chart. The inner ones are set to a multiplier of 2, and the outer to a multiplier of 4. Each "carpet" is composed of two smoothed upper or lower

Indicateur

par ClassicScott

+ %UMA If you are familiar with the %B for use with Bollinger Bands, then you will understand this indicator immediately. Designed for use with my +UMA moving average, this works in exactly the same way, with a few differences. First off, as you can choose on which type of moving average the calculations are made, so too you will want to match this up with the one you are using. That of course goes for the standard deviation as well (just like you would with Bollinger Bands and %B). Here, because the

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par ClassicScott

+ Klinger Oscillator This is a version of Stephen J. Klinger's, Klinger Oscillator (sometimes called Klinger Volume Oscillator). I've changed virtually nothing about the indicator itself, but added some lookback inputs for the EMAs the oscillator is derived from (traditionally 34 and 55), and added a few other things, as is my wont. But what is the Klinger Oscillator? Essentially, the calculation looks at the high, low, and close of the current period, and compares that to the previous period's. If it is greater, i

Indicateur

par ClassicScott

+ Time Weighted Average Price This is basically NeoButane's script (which should be more popular than it is) with a few additions, those being primarily plotted lines of the closing price of the previous TWAP, however I've also added the optionality of plotting a second TWAP of say, maybe a different resolution if you are so inclined. Also, you may plot shapes across the top or bottom of your chart color based on if current price is above or below the previous closing price of the TWAP, in case you might want to clean the ch

Indicateur

par ClassicScott

+ Donchian Channels This version of Donchian Channels uses two source options so that one can create a channel using highs and lows rather than one or the other or closes. My thinking was that this would create a more accurate portrayal of price action (or at least contain the greatest scope of it) as seen through the lens of a Donchian Channel. This was actually part of the genesis of my idea around my Ultimate Moving Average. Besides the single top and bottom plot for the DC's extremities, I've enabled the abilit

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par ClassicScott

+ Ultimate MA What is the "Ultimate MA" exactly, you ask? Simple. It actually takes as its influence the Rex Dog Moving Average (which I have included as an MA in some of my other indicators), an invention by xkavalis that is simply an average of different length moving averages. It's available for free on his account, so take a look at it. I've recently become drawn to using fibonacci sequence numbers as lookbacks for moving averages, and they work really well (I'm honestly beginning to think the number does

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par ClassicScott

+ Rate of Change NOTE!* If you were using my previous + Rate of Change (and OBV) indicator, I will not be updating that. OBV was moved to my + Breadth & Volume indicator. This indicator here is basically and updated version of the old indicator, without OBV. The Rate of Change, or RoC, is a momentum indicator that measures the percentage change in price between the current period and the price n periods ago. It oscillates above and below a zeroline, basically showing positive or negative momentum. I applied the

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par ClassicScott

+ Breadth & Volume note* If you've used my "+ Rate of Change Indicator", I am updating that without the OBV, which has been moved here. Just an FYI. This "indicator" is basically a variety of indicators that measure volume, or accumulation/distribution. There's a bit of a story about how this came about but it's not that interesting, so I'll spare you. Indicators from which you may choose here are On Balance Volume (OBV), Money Flow Index (MFI), Chaikin Money Flow (CMF), Chaikin Oscillator, and Positive & Negati

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par ClassicScott

+ Balance of Power The Balance of Power is an indicator that measures the strength of buyers versus that of sellers in the market, and needs to be smoothed by a moving average to be of much practical use (come to think of it, most indicators are smoothed by a moving average; this is why the RSI lookback mostly commonly used is 14, and not 1, but I digress...). I suppose it is possible to use it without smoothing, but that would be very difficult I think. The oscillator pivots around a center line, and as with most

Indicateur

par ClassicScott

+ REX Oscillator So, what is the REX oscillator, you might be asking yourself. "The Rex oscillator is an indicator that measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance." The True Value of a Bar (TVB) gives an indication of how healthy the m

Indicateur

par ClassicScott

+ WaveTrend Oscillator Overlay An overlay version of pertinent signals from my version of LazyBear's Wavetrend Oscillator. Shows momentum of long period WTO as either background colors or symbols. Shows continuation and reversal trade signals. If Secondary WTO is above the center line (momentum is long), then symbols print across the top of the chart when the primary (faster) WTO comes into "oversold," a number associated with a horizontal line on the off-chart indicator. This number is selectable via a drop-down menu. Sam

Indicateur

par ClassicScott

+ WaveTrend Oscillator I'm guessing most of you are familir with LazyBear's adaptation of the Wavetrend Oscillator; it's one of the most popular indicators on TradingView. I know others have done adaptations of it, but I thought I might as well, because that's kind of a thing I like doing. In this version I've added a second Wavetrend plot. This is a thing I like to do. The longer plot gives you a longer timeframe momentum bias, and the shorter plot gives you entries and/or exits. Here we have one plot with a lookba

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par ClassicScott

+ JMA KDJ with RSI OB/OS Signals So, what is the KDJ indicator? If you're familiar with the Stochastic, then you'll know that the two oscillating lines are called the 'K' and 'D' lines. Now you know that this is some sort of implementation of the Stochastic. But, then, what is the J? The 'J' is simply the measure of convergence/divergence of the 'K' and 'D' lines, and the 'J' crossing the 'K' and 'D' lines is representational of the 'K' and 'D' lines themselves crossing. Is this an improvement over simply using the Stochastic a

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par ClassicScott

+ Detrended Price Oscillator According to TradingView the Detrended Price Oscillator is an oscillator that removes trend from price in order to more clearly show an instrument's cyclical highs and lows so that an investor or trader may more easily time when to buy or sell the underlying instrument. Accordingly, it is not meant to be used as a way of gauging momentum, however, I find it perfectly suitable for the task (at least when used "un-centered" which is how it comes by default here). If you wish to read up more on the

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par ClassicScott

+ Accumulation/Distribution This is an updated version (with lots of extras added) of the Accumulation/Distribution indicator coded by @Cl8DH. You can read about what he says about his indicator, and how to use it, here: So, from that, what have I done? I added a moving average (of which there are many types to choose from) so that you can use this as a "two lines cross" indicator, as well as a "mid-line cross" indicator. I added Bollinger Bands (primarily for when "range" is turned off, but if you want to use the Band

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par ClassicScott

+ ALMA Trend Detector Hi, again. Here I have a nice moving average script designed to get you into trends and keep you in trends until the opportune moment comes to exit. And, as with any indicator, or suite of indicators, designed to get one into trends and keep him/her in a trend, they do not do so well in chop/ranging/mean reversion conditions, though I would say this one is better than most, otherwise I wouldn’t be fitting it into my trading system. This is a huge improvement, in my opinion, over an indicator I

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par ClassicScott

+ TRSI Hello again. Here I have an improved version of the RSI that is similar to my "+ %B" indicator (that, an improved version of the %B). This version of the RSI includes candle coloring for bullish or bearish bias (is the RSI above or below its median line?), as well as candle coloring for overbought and oversold areas. Additionally, there is an option for coloring candles based on the RSI crossing up or down its moving average. So, that takes us on to the moving average. You have a selection of

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par ClassicScott

+ True RSI This is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator. Much credit goes to him. Below is the indicator that he coded, of which only one part have I made additions to. So, he calls this the True RSI. I was using i

Indicateur

par ClassicScott

Strategy NNFX Tester Strategy NNFX, Baseline, QQEs Fast C1, Slow C2, ATR, Volume and Exit This is a Strategy Tester designed to work with Study (Alerts) of the same. At time of creation based on Revision 8 of the Study. DO NOT USE the Currency/Money Management section under settings. use the position sizing under "Inputs" - "Money Management" - "Risk per trade" which is defaulted to 2% This has adjustable Baselines, Exits, ATR calculations, C1 and C2 are currently QQE & QQE Histo with adjustable settings but

Stratégie

par chrisfraser05