✨SKYtrend Bruteforce✨ 📌This indicator analyzes the trend and calls Long/Short which is fully custom to fit your style of trading. 📌Custom Take Profit Levels currently have 3 TP levels for Long and Short you can decide which % each TP will be in settings. 📌2 Custom Stoploss levels. For Long or Short. Can Enable or Disable either. 📌Can set alert For Long,...
Introduction The ability to adapt to possible markets states is important in technical analysis, this is why making adaptive indicator might help get better results. I propose a trailing stop indicator using recursion that can adapt to the efficiency ratio. I have added alerts since it's a often requested feature. The Indicator Its quite classical, bands are...
Here's a simple tool for determining long term trend direction using two Volume Weighted Moving Averages (VWMA). The VWMA's emphasis on volume often makes it a better measurement for trend direction than the more popular Exponential Moving Average (EMA). Trend direction is determined by comparing a fast and slow VWMA. The default length for the fast VWMA is 50...
Based on my latest script "Linear Channels" This is a trailing stop version of the linear channels. Thanks to capissimo for helping me fix several issues with the linear extrapolation part. In order to know how the indicator work i recommend reading the post on the Linear Channels indicator here Hope you like it and feel free to leave your suggestions :)
Introduction I already made an indicator (simple line) that tried to make lines on price such that the results would not repaint and give a good fit to the price, today i publish a channels indicator based on the simple line indicator. The indicator aim to show possible support and resistance levels when the central line posses a low sum of squares with the...
This is the indicator from the trading strategy I posted recently. I do like Fisher Transform a lot on day bar charts. However, the smaller you go in bar interval, the less I feel it is as usable. At that point, any oscillator will usually do. When comparing the slope of the line and direction to the chart price action using day bars, I get a great sense of when...
This is an update to the idea of The Kahlman smoother makes the signal more precise (by one candle).
The Smooth moving average ribbon script is an enhancement of the script I posted yesterday. But will help you also create a very simple trend-following strategy or a simple trend-following filter. You are able to select from a large variety of moving averages add Heikin Ashi Candles as a source and also add additional smoothing to every single of the moving...
The Smooth moving average script combo combines the ability to help you create a very simple trend-following strategy or a simple trend-following filter. You are able to select from a large variety of moving averages add Heikin Ashi Candles as a source and also add additional smoothing to every single of the moving averages. The Study is equipped with...
Are you tired to edit you EMA indicator to fit the 21-day settings for your timeframe? Now you have it for free! Enjoy!
// TTPro TrendTrackMultiTF is a trend study that shows higher and lower time frame trends onto the one chart. // This indicator is beneficial for intraday or swing trading in so far as enabling you to see instantly if the trend on a lower time frame chart is in sync with the trends on higher time frames.
// TTPro TrendChannel version 14 is our latest non repainting trend and buy-sell signal indicator. It compromises a shaded channel that clearly defines the trend along with a trend line and buy-sell signals. // If candles are within the channel we have a ranging market. Candles above indicate trend is bullish and candles below indicate trend is bearish. More here...
Exponential Moving Average on last 20, 50 and 200 close prices.
Simple Moving Average over 20, 50 and 200 close prices.
Introduction Technical indicators often have parameters settings that the user must enter, those are inconvenient when the user must design a strategy because such settings must be optimized, it must also been noted that the optimal settings at time t could change at time t+n , this is why non parametric indicators are more efficient. Today i propose a moving...
Here's an updated version of our Vortex Trend Tracker indicator. Here's the link to the original if anyone wants to read more about the Vortex or see the first version: We've added in 4 rsi's of varying lengths for this second version(2 fast and 2 slow) that create the background color effect.
Script for filtering out periods when market is not trending. It defines downtrend as following: Lowest price of last 2 days is equal or lower then lowest price of last 100 days. Values 2 and 100 are customizable. Uptrend analogically with highs.