from Larry R. Williams description to confirm trend continuity by waiting for candles after crossing the upper and lower bands if the color changed green this means uptrend probability take long positions and if the color changed red this means down trend probability and take short positions if the oscillator crosses the band and color not changed and bounced...
simple moving average indicator , green uptrend when 2 green candles closed above and not touching the SMA and opposite for sell classic method from Gerald Appel - Technical Analysis book
its total directional volume of major strongest pairs EURUSD ,EURGBP, EURJPY, EURAUD , USDJPY , GBPUSD , AUDUSD to give the most realistic trading volume to the EURUSD you can chose the time frame away from the chart time frame , green when the market total volume buy ,red when the market total volume sell can predict reversal and the market oversold and over...
its use high and low of series of up candles or down candles of same color , if close below lows point of up candles its sell signal , if close above higher point of down candle its buy signal , its less aggressive oscillator than candle pattern signal , and can detect double top ,double bottom patterns . and can be used for scalping and as signal generator in...
use candle patterns of new highs and lows and close after highs and lows and close beyond candle medians it can be used as signal generator in the direction of the trend . or for very aggressive scalping buy when up green 1 sell when down red -1
show the true range of period of your choice , its set for daily true range .
this indicator is to check trend starting based on breaking high and low of previous periods , confirmed by close price above or bellow the bands , if high and low breaks the band its up to the instrument to determine by how many point it should break it .. period is fixed in the day and is given by minutes . in forex comparing Asian market with USA and Europe ...
normal bb use normally close in its calculation not considering high and low , and the channel is based on 2 std div , with will present 93% of the close reading with in the band . my new design will calculate the upper band based on high values , and the lower band based on low values , and the center line on close values , and 1,65 std will represent 90 %...
modification of %r , now if close if higher than higher high its up trend signal (more than 0), if below lower low (less than -100 ) its down trend
modification %R indicator allowing the indicator comparing current close above or bellow previous high and low so if indicator above 0 then its closed above previous highest high and high chance of up trend . if bellow -100 its closed bellow lower low and high chance of down trend . normal period setting are 62 % of the monitored time . for inter day its 15...