This is multi timeframe RSI indicator which displays RSI value of 15/25/75/125/D/W/M timeframes in single window. One can select or deselect individual RSI"s, choose RSI length of default RSI, length of slow/fast RSI. Current RSI indicator considers below scenarios to be bullish 1) RSI > iRSILongLvl 2) Smaller TF RSI > Larger TF RSI Current RSI indicator considers...
Through the DMI Trade Zone you can find safe areas to trade in the Spot market. The logic behind the indicator is: - If the Positive Directional Movement (+DI) is greater than the Negative Directional Movement (-DI) then the Average Directional Movement Index (ADX) will be green with an opaque white background. - If the Positive Directional Movement (+DI) is less...
What is it? This indicator is a visual representation of the ADX indicator that shows where the areas of weak trends are. Anything shaded in a gray background implicates that the chosen market is experiencing a weak trend. These areas of weak trends are seen typically when ADX drops below 20-25 but this script is customizable to change where you want that...
Initial Release on Prism Core 1.7.r493 Included in this Ultimate Supertrend Lite Strategy: ✔️ Tweak a multitude of specific settings (MA lengths, R:R, SL distance etc) ✔️ Enable advanced setup filters ✔️ Use money management and risk calculations ✔️ Draw trade info directly to chart (eg. SL size in percent, win rate etc) ✔️ Use various filters (eg. time...
Basically, when the background is: White = no defined direction Light blue = up. Dark blue = well defined up Light red = down Dark red = well defined down Blue/red centered circle = change of direction Red circle on top = possible short entry Blue circle at the bottom = possible long entry //Português Basicamente, quando o fundo é: Branco = sem direção...
This is a Forex Scalping Trading Sytem based on the Bollinger Bands. Its suited for major pairs, with lowest possible comission (below 1 pip) and with timeframes ranging between 1-15 min. Indicators: Bollinger bands ADX RSI Rules for entry: Long Entry: price to move below the upper Bollinger Bands RSI raise above the 30 line and ADX<32 at the same...
The Directional Movement Index is a handy indicator that helps catch the direction in which the price of an asset is moving. It compares the prior highs and lows to draw three lines: Positive directional line (+DI) Negative directional line (-DI) Average direction index (ADX) DMI is simple to interpret. When +DI > - DI, it means the price is trending up....
MACD-based Relative Stock Price Candle It was a mixture of MACD and a combined centered oscillator, indicating relative stock bar movement. It moves approximately between 200 and -200, adding a divergence. In addition to Hidden Diversions and Normal Diversions, I added the Long Short Diversions and the Preview Diversions that I analyzed. It would be convenient...
Included in this Ultimate MACD Lite Strategy: ✔️ Tweak a multitude of specific settings (MA lengths, R:R, SL distance etc) ✔️ Enable advanced setup filters ✔️ Use money management and risk calculations ✔️ Draw trade info directly to chart (eg. SL size in percent, win rate etc) ✔️ Use various filters (eg. time filter, date filter, MA slope angle etc) ✔️...
Included in this Ultimate MACD Lite Strategy: ✔️ Tweak a multitude of specific settings (MA lengths, R:R, SL distance etc) ✔️ Enable advanced setup filters ✔️ Use money management and risk calculations ✔️ Draw trade info directly to chart (eg. SL size in percent, win rate etc) ✔️ Use various filters (eg. time filter, date filter, MA slope angle etc) ✔️...
Included in this Keltner Worm Lite Strategy: ✔️ Tweak a multitude of specific settings (MA lengths, R:R, SL distance etc) ✔️ Enable advanced setup filters ✔️ Use money management and risk calculations ✔️ Draw trade info directly to chart (eg. SL size in percent, win rate etc) ✔️ Use various filters (eg. time filter, date filter, MA slope angle etc) ✔️...
This is a simple intraday strategy for working on Stocks or commodities based out on Super Trend and ever reliable ADX . You can modify the start time and end time based on your timezones. Session value should be from market start to the time you want to square-off Important: The end time should be at least 2 minutes before the intraday square-off time set by...
ENGLISH: ADX (AVERAGE DIRECTIONAL INDEX): It is a non-directional oscillator type indicator, that is, it quantifies the strength of a trend regardless of its direction. In Spanish ADX means index of average direction. It is common to use it together with directional indicators of movement such as the (Squeeze Momentum Indicator), which show us the direction...
This indicator makes use of the Kumo Cloud, 3EMA and ADX/DI+/DI- indicators. While these can be used separately (green bars show where to long and red bars show where to short), this indicator also shows how their use together can create a more precise estimate on when to enter and exit the market. It is interesting to note that while each of the three indicators...
Our new indicator tracks trends to create buy and sell alerts, see below how it works. HOW IT WORKS: It uses RMA which is the same moving average used by RSI and HMA, they intersect give us an entry signal, be it a buy or sell, as the entry signal the script will color the bars according to the signal. When a GREEN candle appears, it indicates a large...
The Natural Directional Combo was created by Jim Sloman as part of his Ocean theory series and I believe this is his final unique formula that I'm publishing to make them all open source. If you know of any others then please send me a message. He passed away at a young age and I want to make sure his legacy lives on. Big thanks to @altcoinz and @tmac87 for giving...
This is one of many new strategies coming soon which were seen on Trade Rush This one is the ADX / RSI Strategy seen here: https:www.youtube.com/watch?v=uSkGE0ujyn4 While the strategy has been modified slightly to use the DMI instead of the ADX, the core of the strategy is essentially the same Long signals are generated when the RSI is above 70, close is...
The Natural Directional Index was created by Jim Sloman and this is another indicator that I'm publishing from the collection of Ocean indicators. I want to make sure his legacy is covered by as many eyes as possible. This is his version of the directional index indicator but he uses his weighting method to use the square root of time and you can see that the...