TASC's March 2008 edition Traders' Tips includes an article by John Ehlers titled "Measuring Cycle Periods," and describes the use of bandpass filters to estimate the length, in bars, of the currently dominant price cycle. What are Dominant Cycles and Why should we use them? Even the most casual chart reader will be able to spot times when the market is...
Hello all, To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it). Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please...
The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows....
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. Included: - Various average modes to fine-tune the signal - Shift to offset chart (purely visual, has no bearing on actual calculation) This is an exact clone...
The McGinley Dynamic indicator is a type of moving average that was designed to track the market better than existing moving average indicators. It is a technical indicator that improves upon moving average lines by adjusting for shifts in market speed. Included: - Various average modes to fine-tune the signal This is an exact clone of the McGinley Dynamic MT4 indicator
Booz Super Swing is an Indicator created for the purpose of identifying trends in Multiple Markets, it is based on Moving Average Crossover and extra features. Trend Filter: allows you to take multiple entries in the same direction of the market. If the market crosses below the 200 moving average it will take only short entries. If the market crosses above...
A trend indicator FiboBars Extended , the main purpose of which is to confirm the trend and cut off market noise. In his logic, he uses the Fibonacci sequence. Two settings are used to account for noise suppression accuracy: Period - number of calculation bars Level - Fibonacci number selection
Level 1 Background LUCID SAR is an interesting technical indicator. I'm having trouble converting this to Python code. So a "Python friendly" version was rewritten literally. Because some basic functions and structures have been replaced. The performance can be 100% consistent with LUCID SAR. Function Mr. Bowman wrote this script after having listened to...
I use the Average Directional Index quite a lot in my trading both manual and automatic trading so i thought i would make it a little easier for myself and others to see if the ADX is above or below a certain value and to allow space on the chart for other indicators. This is done by plotting a green and red bar, green when the ADX is above a certain value and red...
Variable Index Dynamic Average Technical Indicator (VIDYA) was developed by Tushar Chande. It is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging. This is an exact clone of the VIDYA MT4 indicator **Future updates I might change the way it calculates trend direction so its less choppy
BABA Buying Allocation is different buying levels for drops from the ATH
This RSI indicator shows a green or red ribbon when the smoothed RSI is bullish or bearish. It also includes a long moving average for overall trend confirmation. Wait until the ribbon holds above or below the long moving average and take positions in that direction. To get an easier to read RSI indicator, I smoothed the RSI out and paired it next to a short term...
This Momentum indicator shows a green or red ribbon when smoothed momentum is bullish or bearish. It also includes a long moving average for overall trend confirmation. Wait until the ribbon holds above or below the long moving average and take positions in that direction. To get an easier to read momentum indicator, I smoothed the momentum out and paired it next...
This indicator lets you freely customize your price line. Choose between static or dynamic colors for falling/rising prices. In addition you can adjust the following: Line style Thickness Length Direction It is also possible to mix different designs by using a single indicator.
Calculates the strength of closing within the bar. Higher the closing within the high/low points of the bar, greater is the buying strength and vice versa. HMA of the score for the input period is then divided by standard deviation for smoothing. Works well for higher timeframes with a larger data set. Compliments other indicators. Input period should be changed...
Fast and Slow RSI plus SMA in one indicator are used for detection of trend change. Have not seen it earlier in one indiator. Added signals and alerts for even better usability. See how it showed BTC lows in 2018: on 3d TF with Heiken Ashi candles low of fast RSI is the botton of the downtrend, while flat did not ended while SMA did not changed direction upwards....
Simple Trend State Indicator inspired by @TaPlot's Price Time Frame Continuity indicator. Indicator works well on any Chart Timeframe although some aliasing of the State Response should be expected when comparing a State Response calculated on one Chart Timeframe to a Higher Chart Timeframe ie. comparing the State Result for 30 min from both a 1D Chart and 130 min...
Real indicator is an indicator to convert ohlcv charts to one oscilator! there is an effective thing in all charts: "Volume", and I used this thing to mix it by price Buy: on crossing above to Bollinger-lower-band (on Up-trends) Sell: on crossing under Bollinger-upper-band (on Down-Trends) use an SMA-200 to determine trends ;)