Rate of change indicator based on Nick Radge's Weekend Trend Trader Strategy, with an added extra of EMA smoothing if you want it.
This indicator simply turns green when the rate of change is above a certain level (value is set in threshold)
Threshold is defaulted to 30 as outlined in the strategy rules
This is my modified macd indicator. It uses moving averages to determine the trend of the market. It is best used on lower time frames such as 5min and 15min. I found it useful especially with Forex pairs and also traditional markets.
This indicator will help you get in at a pullback in a trending market.
RED background tells you the trend is down. A possible...
This script uses 25-75 treshold of stochastic RSI with the help of kijun-sen as confirmation, to find entry points to any trend either newly developed or an established one. I just realized it on the 1 hour SPX chart. Sure it can be used on other symbols. Crossing above/below 25/75 line of sto RSI is considered as buy/sell signal. Signals are evaluated whether...
This indicator, combines the traditional FOREX moving averages (20EMA, 50ma, 200ma) into a single indicator with
an adaptive moving average (AMA) taken from a user defined timeframe to show trend direction (by default, it plots
the daily 10/2/34 KAMA overlayed on any timeframe chart.
An AMA moves slowly when markets are sideways but swiftly during periods of...
The Decycler was created by John Ehlers (Cycle Analytics For Traders pgs 40-41) and this is a moving average that has an extremely low lag even though it uses a fairly high length to calculate everything. This can also work well as a trendline. Buy when the indicator line is green and sell when it is red.
Let me know if there are other scripts you would like to...
Arnaud Legoux Trend Indicator (ALTI) was designed for Identifying the primary trend, secondary trend and minor trend in a clearer way. Using the trend for continuation trade and detect potential reversals are two common ways to use it. However, combining ALTI with good volume indicators also has special results.Good luck, traders.
This indicator will paint bars green if the candle has a lower low and a higher closer than the previous candle, and will paint it red if the candle has a higher high and a lower close than the previous candle.
There is an EMA filter you can apply to only have long signals when close above EMA and short signals when close below EMA.
The checkbox will activate...
The Sinewave Indicator was created by John Ehlers (Rocket Science For Traders pgs 97-99) and this is a few indicators in one. Simply put it is a leading indicator which you don't see too many of those these days. If the blue line crosses over the red line then within the next few bars the price will start an uptrend and if the blue line crosses below the red line...
This script fires off a buy alert when the ADX is rising and above a user-defined value (default 25). It fires off a sell signal when ADX starts sloping downward. The lookback period to determine if it is sloping up/down (in bars) is also configurable by the user. The plot highlights green when there is a "go" signal. Thanks to @9e52f12edd034d28bdd5544e7ff92e for the idea.
**This is my first strategy on the Pine editor, any tips or tricks from the community would be awesome!
This strategy was developed from my indicator "cATRpillar". it uses the ATR range values to determine entry, and uses EMA values to determine an exit if the market goes against it.
The weighted close isn't an option for an input yet on TV so here is my contribution. It gives more weight to the close prices and I have included a signal line to look for buy and sell signals. Buy when the indicator goes over its signal line and sell when it falls below it.
This was a special request so let me know what other scripts you would like to see me...
This strategy is based on the slope of the EMA130.
Over that slope, the script calculates two EMAs (9,21) which are used to generate the main entry and exit signal.
In particular, the strategy enters a LONG position when EMA9 > EMA21. On the contrary, it closes the LONG and opens a SHORT when EMA9 < EMA21.
When the slope of the EMA130 is rising, it means that...
The Fisher Transform Indicator was created by John Ehlers and the beauty of this indicator is that it provides sharp and clear turning points that are also very early. Buy when the indicator line is green and sell when it is red.
This was a special request so let me know if you would like me to publish other scripts or if you want something custom done!
This indicator was based on the Elders Impulse System by astraloverflow.
The only difference is that I included the weekly EMA26 as a filter and you can plot it on the graph if you want (unchecking the Weekly EMA26 won't turn the filter off, will only stop plotting it).
The indicator works this way:
When the MACD Histogram is growing UP, the EMA13 is pointing...