The "Chande Kroll Stop Strategy" is designed to optimize trading on the SPX using a 1-hour timeframe. This strategy effectively combines the Chande Kroll Stop indicator with a Simple Moving Average (SMA) to create a robust method for identifying long entry and exit points. This detailed description will explain the components, rationale, and usage to ensure...
Applies recent volatility adjustment to the exponential moving average, where the smoothing factor is 2/(N + 1) - N being the lookback period or span Volatility of recent 30 days returns is calculated using standard deviation with a thirty day lookback. Increased smoothing compared to a standard EMA, which also adjusts to market conditions, as first described...
Release Notes: The Activity and Chop Score was designed to help traders quickly determine if a market is active and/or choppy (not moving with any urgency). Slow and chopping markets should be approached with caution or avoided. How does it work? The Activity Score incorporates momentum and the linear regression. Momentum (change in price over time) is compared...
The Giga Kaleidoscope GKD-C Chande Forecast Oscillator is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Chande Forecast Oscillator The Chande Forecast Oscillator (CFO) is a technical analysis tool developed by Tushar Chande. It operates by plotting the percentage difference between the closing price and a...
Giga Kaleidoscope GKD-C RAVI Fisher Transform is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No...
Giga Kaleidoscope GKD-C Adaptive RSX Dynamic Momentum Index is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of...
Having a reference point for comparing with current data has always been an important task in market analysis. This script tried to give a better understanding based on weekdays. This script shows that in the current ticker, what is the average movement of the price (High-Low) and volume for each weekday. Depending on the market and the exchange it should be...
Hello Traders - I'm releasing this as a friend was talking about how he used to use it as an exit indicator. The Aroon Oscillator isn't the most accurate for entries, but we find its strength in its exits. The Aroon Oscillator was developed by legendary technical analyst, T. Chande , in 1995 as part of his "Aroon Indicator system." Chande's intention was for...
Introduction Heyo, here is another no-repaint adaptive fisherized indicator. I added Inverse Fisher Transform, Ehlers dominant cycle analysis and smoothing to the Chande Momentum Oscillator (CMO). Usage The CMO is a momentum oscillator which shows the usual movement of an asset. I recommend to use it from a lower timeframe with a higher timeframe set. ...
STD-Stepped VIDYA w/ Quantile Bands is a VIDYA moving average with Standard Deviation step filtering on either/neither/both price and VIDYA. Also included are quantile bands to identify breakouts/breakdowns/reversals. What is VIDYA? Variable Index Dynamic Average Technical Indicator ( VIDYA ) was developed by Tushar Chande. It is an original method of...
STD Aadaptive, floating RSX Dynamic Momentum Index is an attempt to improve Chande's original work on Dynamic Momentum Index. The full name of this indicator is "Standard-Deviation-Adaptive, floating-level, Dynamic Momentum Index on Jurik's RSX". What Is Dynamic Momentum Index? The dynamic momentum index is used in technical analysis to determine if a...
TASC's May 2022 edition Traders' Tipsl includes the "Relative Strength Moving Averages" article authored by Vitali Apirine. This is the code implementing the Relative Strength Exponential Moving Average (RS EMA) indicator introduced in this publication. This indicator adds onto Vitali Apirine's work by including three different types of momentum used to...
Aroon Oscillator of Adaptive RSI uses RSI to calculate AROON in attempt to capture more trend and momentum quicker than Aroon or RSI alone. Aroon Oscillator of Adaptive RSI has three different types of RSI calculations and the choice of either fixed, VHF Adaptive, or Band-pass Adaptive cycle measures to calculate RSI. Arron Oscillator: The Aroon Oscillator was...
Dear TV''ers, Hereby a script where i created a simple strategy using the underappreciated chande kroll stop indicator. Short signal is when the close crosses under the orange line and a long signal is generated upon a crossover of a close candle of the blue line. Additionally you have the option to filter using ADX the minimize getting rekt in a choppy...
This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to...
The Variable Index Dynamic Average was created by Tushar Chande and this is a variation of that original formula created by John Ehlers. As you can see I have included the default Vidya from a script by @everget and as you can see the Ehlers version is able to follow the price much closer. I have included strong buy and sell signals in addition to normal ones and...
Introducing the Caretakers Reverse Chande Momentum Oscillator. The Chande momentum oscillator is a technical momentum indicator which calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movement over the same period. It is used to gauge “pure momentum”. It bears similarities...
█ OVERVIEW This is a volatility indicator created by extending concepts from Tushar Chande's Range Action Verification Index (RAVI). █ CONCEPTS This indicator constructs range of the RAVI indicator. It uses this range to build a histogram that represents how fast the range is changing, or a measure of volatility. A line is then constructed, either from a...