DONCHIAN FIBONACCI MODD VERSION This indicator is based on a Donchian Channel with Fibonacci zones based on high and lows of certain period . As one can see it clearly identifies the trend and it only turns aqua when its above a spefic fib level and turns red when below specfic fib level , this help traders by not talking long or short position while its in no...
These are classic triple Bollinger bands with different multipliers You can change the time frame plotted, for example, you can show a 1-hour chart, but plot 6-hour Bollinger. Since I haven't found any other OpenSource variant that can plot the 3 bands in a different time frame, here is my script for you en.wikipedia.org ---- additional you can see in this...
This script uses the highest high from the current time frame and 4990 period back. Based on this value and considering that the price has a natural will to breakthrough it, retracments are calculated and draw. The white line represents a possible next target the price will reach. The grren line the highest price from the current time frame and blue lines the...
This indicator was specifically built to be used for trading the Scalpius Trading System promoted by @scottphillipstrading. Additionally I've added Daily and Weekly Highs, Lows and Central Pivot lines The central indicators used in the Scalpius trading system which are included here are: The Bollinger Band, chart plotting of Pin Bars (Hammers & Shooting Stars) and...
Todays Script uses 5 Moving Averages with the new function on V5 called fill, we can now colour fill between moving averages. 9ema 20ema 50ema 100ema 200ema 100-200ema which is labelled in Redis where the big impulse moves will fall into if the pressure is so strong on the opposite of the trend. 50-100ema which is labelled in Blue is where price could be heading...
This Indicator is based on Mr. Dan Valcu ideas. The author of this article is Veronica Valcu. The z-score (z) for a data item x measures the distance (in standard deviations StdDev) and direction of the item from its mean (U): z = (x-StdDev) / U A value of zero indicates that the data item x is equal to the mean U, while positive or negative values show that the...
Have you ever experienced the message of UPGRADE NOW?? Moving Averages in Bulk!! You will find 5 different moving averages 1 indicator only: EMA 8. This indicates change of trend continuation when price above or under. SMA20 and EMA21 Support or resistance Bands, Bullish Green Band and Bearish Red Band. SMA 50 Mid term Support or resistance. SMA 200 Long term...
Double RSI, fast & Slow. This indicator is intended to track trends based on RSI with a threshold for proximity. Oversold, overbought channel. Threshold for proximity. Color coded line values.
Shows Fibonacci waves for a long range and Fibonacci lines for a short range. For me it helps to identify key levels or confluence on the macro and micro range. In the example above you can clearly see that the macro waves are in a down-trend while the micro lines are in a up-trend.. Also the price has been rejected at the 78.6 fib mirco line but found support...
VWAP bands drawn by this indicator may be useful for swing traders to determine the current market mode, also it may give ideas on where to place stops and take profits. Only works with instruments that have decent volume.
Gold Reader is an indicator created for gold trading only. It is the result of deeplearning and cluster 2 step analysis. These analysis highligth specific intra-days patterns. Pattern 1 is a full bearish day, pattern 4 a full bullish day. Pattern 2 is an accumulation - manipulation - and bearish impulsion day Pattern 3 is an accumulation - manipulation - and...
This Indicator is based on Mr. Dan Valcu ideas. The author of this article is Veronica Valcu. The z-score (z) for a data item x measures the distance (in standard deviations StdDev) and direction of the item from its mean (U): z = (x-StdDev) / U A value of zero indicates that the data item x is equal to the mean U, while positive or negative values show...
The Smarter MACD displayed as a band instead of an oscillator. A classic MACD with average peak and dip lines. The lighter green and red horizontal lines are the average peak and dip of the entire span, respectively. The second, bolder of the two lines are the averages of the peaks and dips above and below the overall peak and dip averages. The filled in color is...
The OTG Market Making Bot was designed with mean reversion trading in mind. It uses advanced ATR and other volatility formulas to create a set of bands that price should stay within. If price is testing the upper or lower bands then it is "extended" and a mean reversion back to the midline is likely. The indicator comes with two sets of reversion bands, by...
This indicator highlights points where price significantly deviates from a central level. This deviation distance is determined by a user-set value or using a multiple of a period 200 Atr and is multiplied by successive values of the Fibonacci sequence. Settings Method: Distance method, options include "Manual" or "Atr" Size: Distance in points if the...
This indicator is created on top of existing Zigzag indicator . The projection channel starts at the end of the last ZigZag line. Disclaimer Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for informational and educational purposes only. Use of the script...
Exponential Moving Average Channel with projection forecast. Riding a bull run is almost always riding an EMA value. This indicator plots displaced EMA values guggesting possible sell targets. Disclaimer Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for...