The indicator is based on moving averages. On the basis of these, the "center" of the price is calculated, and price channels are also constructed, which act as corridors for the asset quotations.
Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average, which forms the base for this indicator, can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving...
As the name suggests, High low bands are two bands surrounding the underlying’s price. These bands are generated from the triangular moving averages calculated from the underlying’s price. The triangular moving average is, in turn, shifted up and down by a fixed percentage. The bands, thus formed, are termed as High low bands. The main theme and concept...
The value of Fractal Chaos Oscillator is calculated as the difference between the most subtle movements of the market. In general, its value moves between -1.000 and 1.000. The higher the value of the Fractal Chaos Oscillator, the more one can say that it follows a certain trend – an increase in prices trend, or a decrease in prices trend. Being an...
This is nothing other than a simple alert script I created for Vdub FX Sniper VX3 / Strategy by Vdubus Thank you to WillowGoLightly for coming to me with the idea. Change Log: Removed plots & layover Added a simple alert indicator to match original Be sure to give Vdubus a big thanks! Original Sniper Script by Vdubus: Disclaimer: I have...
Stock market moves in a highly chaotic way, but at a larger scale, the movements follow a certain pattern that can be applied to shorter or longer periods of time and we can use Fractal Chaos Bands Indicator to identify those patterns. Basically, the Fractal Chaos Bands Indicator helps us to identify whether the stock market is trending or not. When a...
This strategy was inspired by Philkone Crypto's "Lesson 12: Let's Learn Advanced 55 EMA Strategy" video. steemit.com Supports Buy and Sell Condition alerts and displays arrows on the chart.
Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. ...
Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. ...
TTM scalper indicator of John Carter’s Scalper Buys and Sells. The methodology is a close approximation of the one described in his book Mastering the Trade. The book is highly recommended. Note the squares are not real-time but will show up once the third bar has confirmed a reversal. WARNING: - This script to change bars colors.
Trend continuation factor, by M.H. Pee The related article is copyrighted material from Stocks & Commodities. WARNING: - This script to change bars colors.
In essence, it is simply the standard deviation of the last x bars of a y-bar moving average. Thus, the TAI is a simple trend indicator when prices trend with authority, the slope of the moving average increases, and when prices meander in a trendless range, the slope of the moving average decreases. WARNING: - This script to change bars colors.
This is the second part of TFS trading strategy. The concept of this indicator is similar to that of On-Balance Volume indicator (OBV). It is calculated according to these rules: If Close > Open, Volume is positive If Close < Open, Volume is negative If Close = Open, Volume is neutral Then you take the 7-day MA of the results. WARNING: - This script...
Tether line indicator is the first component of TFS trading strategy. It was named this way because stock prices have a tendency to cluster around it. It means that stock prices tend to move away from the midpoint between their 50-day highs and lows, then return to that midpoint at some time in the future. On a chart, it appears as though the stock price is ...
This indicator plots the moving average described in the January, 1998 issue of S&C, p.57, "Smoothing Techniques for More Accurate Signals", by Tim Tillson. This indicator plots T3 moving average presented in Figure 4 in the article. T3 indicator is a moving average which is calculated according to formula: T3(n) = GD(GD(GD(n))), where GD - generalized...
This indicator used to calculate the statistical volatility, sometime called historical volatility, based on the Extreme Value Method. Please use this link to get more information about Volatility.
This is new version of RSI oscillator indicator, developed by John Ehlers. The main advantage of his way of enhancing the RSI indicator is smoothing with minimum of lag penalty. WARNING: - This script to change bars colors.