This script calculates the "instantaneous" first and second derivatives in a highly flexible and accurate way: namely, via zero-lag price tracking with increasingly narrow sample windows for sequential secant approximation tending towards the tangent. The slope of this tangential is the first derivative, i.e., slope. Paired with a divergence indicator this can...
Fractals (Expo) make use of fractals to identify trends and reversals. The indicator is designed to adapt smoothly and quickly to significant price moves in order to identify trend reversals as well as filtering out noise in an established trend. The indicator is simple to use and understand therefore valuable to all trading styles. The user has the ability to...
Trend shift Candles (Expo) identifies where the market characteristics change. Trend shifts often occur in these areas. This is visualized with white candlesticks and Zones. -> When the market enters a positive trend the candlesticks become green and when the market enters a negative trend the candlesticks become red. -> The user can choose which timeframe to...
Expansion Top/Bottom (Expo) DESCRIPTION Expansion Top/Bottom (Expo) indicator is a powerful oscillator that visualizes temporary Top/Bottom as well as trend shifts. When the market moves boldly a histogram will be formed in the indicator which indicates that the movement might be at its end. It's always a great idea to lock in some profit when we get these...
A weighted synthesis of various volume indicators. Divergence is key as with most volume indicators. Good add-on to Trend Shift Indicator.
Use WITH another indicator. (Works well with Trend Shift Indicator) This is for early signaling of reversals. Use for early entry/exit. Treat as macd with crossovers being key.
EARS: Early Reversal Signal Indicator. NOTE: THIS IS A BETA VERSION This script allows you to get timely reversal indications. The script upon which this is based leads. However, EARS is meant to confidently lag so as to signal optimal trading times. This particular version is optimized to suit the 1 month, 30min chart. Feel free to adjust the parameters to...
TSI v2.0-- Early Trend Shift Indicator Version 2.0 PURPOSE: This indicator detects early changes in trends and provides confirmation TSI aims to do the following simultaneously: detect trend changes early provide a means of trend confirmation -- while still being early in the cycle change provide an early indication of trend changing away from...
Simplified Trend Shift Indicator with colored plot.
TSI -- Early Trend Shift Indicator PURPOSE: This indicator detects early changes in trends and provides confirmation In particular, the TSI aims to do the following simultaneously: detect trend changes early provide a means of trend confirmation -- while still being early in the cycle change provide an early indication of trend changing away from...