This indicator adds a level of adaptivity to the simple Donchian Channel by adjusting the sensitivity (lookback periods) of the channel's upper and lower bounds based on the amount of time that has elapsed since the price has hit/expanded the channel boundaries. Comparing the results of this indicator to the standard Donchian Channel, the readier level of...
This is an updated and improved version of my "Price Action Trading strategy". I have added two extra optional filters, one is a trend direction filter based on the MACD slow EMA(17), blue line, and the other is a RSI(7) filter which works similarly to CCI(14) but slightly different dynamics (thank you to gianfranco60 for the suggestion). Also made a couple of...
Stoch CCI has a nicer divergence than Stoch RSI. Enjoy!
Stoch CCI has nicer divergences than Stoch RSI. Enjoy.
Description: High and Low Envelope channel with median line and 'sigma' offsets to try and encapsulate price flow and quickly locate likely areas of support and resistance on the fly.
Updated and fixed version of DFC. - fixed bugs - added permanent setting for direction - added color change for terminal and breakout bars - added smart timings for line of 100% retracement
1. Set PRZ level for watching 2. Set period as swing time X 2 (or more) 3. Wait rebound from PRZ or PRZ break (use next if break)
All right people... !! Here is one more crazy stupid experiment by me while boosing. I call it..... Well Bollinger Bands for now.. If you like it and find it useful, give me suggestions, we can name it. Its was just an idea of removing unnecessary opposite bands (noise i say) and it turned out to be useful to me. After finishing, I saw good locations of ...
EXPERIMENTAL: Auto adjusting regressive channel.
A cleaner aesthetic and an introduction to the indicator's uses. I would also be very appreciative of any Keltner Channels related ideas or concepts you may have run across to add features to this indicator.
Keltner Channels Oscillator Please post ideas/improvements for a v2.
I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice. Description / Usage: Adjust length and multiplier much the same way you would expect with Bollinger Bands. Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA) The outer channels are increments of the base...
EXPERIMENTAL: added titles to inputs and plots for better understanding what is what(DCC) M = middle, T = top, B = bottom, S = signal.
www.vdubus.co.uk Another coding mashup experiment It's as simple as London Underground, when price exits the 'RED' main line board the train & get off at the next platform :)
this indicator is for use with the Rejection Spike Strategy I recently publish Have't had chance to test it yet so feel free to try. Details of the strategy are listed in the link below
Here's an oscillator derived from my previous script, Cycle Channel Clone (). There are 2 oscillator plots - fast & slow. Fast plot shows the price location with in the medium term channel, while slow plot shows the location of short term midline of cycle channel with respect to medium term channel. Usage of this is similar to %b oscillator. The slow plot can...
RSI Donchian Channels Built by Ricardo and JR Here is a great indicator to use for strong trends. Donchian Channels react immediately to changes in the highest high and lowest low. For strong trends you want to trade when RSI is set along the upper or lower DC-RSI envelope. When the RSI releases from the DC-RSI envelope, you can take the trade off.