What in the world is up folks ??!??
Here's the indicator of the day. Sharing a simple one today because I'm busy coding for a few clients (fun life of a top script author on TradingView)
The TMA bands is an indicator that I discovered on FXCM a few years ago FXCM TMA bands
From the screenshot above, we see that when the price hits the lower band, it's a...
The indicator calculates Triangularity over Stoch RSI Overbought and Oversold Conditions
So Ever wondered how a overbought and oversold condition looks if the values are triangualrised
The indicator plots auto band levels on top of price
FDI-Adaptive, Jurik-Filtered, TMA w/ Price Zones is a Triangular Moving Average that is Fractal Dimension Index Adaptive with Jurik Smoothing. You'll notice that this combination not only smooths out the signal but also catches bottoms better than other FIR digital filters. This is a multi-layered adaptive moving average. Price zones are calculated using a...
I made this script to test what is the better Moving Average type to predict the market direction, so I put a function with All the MA I know.
To go beyond, this script have an option to increase the MA length as a Fibonacci Number or any other simple number to step.
If the drawing is too slow, just reduce the amount of MA lines in the input option...
Adaptive-LB, Jurik-Filtered, Triangular MA w/ Price Zones is a moving average indicator that takes as its input an adaptive lookback period. This is an experimental indicator and I wouldn't use this for trading. It's more to explore different adaptive calculation methods and their applications to moving averages and channels. Unlike the traditional Triangular...