Look at the data while at the level you entered. The line below where you entered should be your Stop Loss level. The first line above it represents that you need to bring your Stop Loss level to your entry level and take some profit if you want. The top line is the sales level recommended by the program.
Candlestick Channels return channels whose extremities converge towards the price when a corresponding candlestick pattern is detected. This allows for us to obtain more reactive extremities in the presence of a cluster of candlestick patterns. The detected candlestick patterns are also highlighted with labels on your chart automatically. Settings Trend...
SImple levels is a clean way to automatically plot important daily levels including: Yesterday's High Yesterday's Low 50% level between Prior High/Low Today's Open Premarket Low Premarket High This Daily Levels indicator is unique in its ability to: -Plot all of the daily level PLUS premarket high/low levels (extended hours must be turned ON) -Can hide past...
This indicator will create lines on the chart based on last two pivot high and low. These line will create broadening wedges. Trader can make trade when price break last wedge point. Trader can identify breaking point with the help of dotted line. About the Indicator Input Pivot Length This is a pivot look back length for both direction.
Chande Momentum Oscillator with Overbought and Oversold value If it is above 25 then enter the trade and if goes below -25 then exit from the trade
This is the script to create a custom index of NSE paper stocks. in this example 11 stocks are selected
John Ehler's MESA Stochastic It is updated and optimized version of script originally published by @veryfid. Changes: Converted to v5 Rewrote MESA Function. Same function can now calculate various length signals. Modified super smoother. Indicator reacts faster to price change. Optimized code. Functions are only called once per length.
Hello everyone, This indicator uses RSI 25 + MA 100 + Stoch(sma,bb,ema to show buy and sell signals. Signal Features: • Buy Signal: It gives a buy signal when the RSI Length 25 bend upward below middle/lower bands and crosses MA 100 . • Sell Signal: It gives a buy signal when the RSI Length 25 bend downward above middle/upper bands and crosses MA 100...
This indicator charts PWV = volume * close in order to better visualize exchange volume.
Hello All, For long time I have been getting a lot of requests for Support/Resistance Multi Time Frame script. Here ' Support Resistance Channels/Zones Multi Time Frame ' is in your service. This script works if the Higher Time Frame you set is higher than the chart time frame. so the time frame in the options should be higher than the chart time frame. The...
From Hari P. Krishnan's book, The Second Leg Down: Strategies for Profiting after a Market Sell-Off : "We start by specifying the year on year (YoY) change in the index. Next, we calculate the 5 year trailing Z score of the YoY returns. We also calculate the 5 year trailing Z score of 1 month historical volatility for the index, using daily returns. Our...
The Mansfield Relative Strength ( Mansfield RS ) is one of the core components of the Stan Weinstein's Stage Analysis method as discussed in his classic book Stan Weinstein's Secrets for Profiting in Bull and Bear Markets . The Mansfield RS measures the relative performance of the stock compared to an index such as the S&P 500, or to another stock etc....
Hi, This is WEIGHTED MOVING AVERAGE (WMA) Displaced . How To Trade Using this indicator: This moving average may help a person while locking maximum profit when ever a security is falling or rising very fast. As this is moving along with the candles, very close to them, you can easily see and gauge the momentum of fall or rise... I have taken help from ©...
This indicator displays the price ranges supplied by various data sources for the historical price of AMC Entertainment Holdings, NYSE:AMC . This indicator can be used to aid in technical analysis, historical trend line creation, Fibonacci placement etc. in the current environment where different data providers for the historical price of AMC differs and there...
This indicator tracks the degree to which price moves away from an average and triggers potential direction changes based on standard deviation levels. The reason I created this script is because I wanted to see how far price moved away from the moving average in a more clearly defined way than just saying "wow, price is pretty far away from the 9 EMA..." or...
STD-Stepped, Variety N-Tuple Moving Averages is the standard deviation stepped/filtered indicator of the following indicator Variety N-Tuple Moving Averages is a moving average indicator that allows you to create 1- 30 tuple moving average types; i.e., Double-MA, Triple-MA, Quadruple-MA, Quintuple-MA, ... N-tuple-MA. This version contains 5 different moving...