Combo of many useful indicators modified to suit dark theme, contains
1)Regular and Hidden Divergence Buy and Sell signals by scarf
2)Time and Money channels by Lazybear
3)Fibonacci Bollinger Bands by Rashad
4) Linear Regression Curve by ucsgears
Thanks for all the creators for the source codes!
This is a simple update to the Mayer Multiple script by Unbound , which charts an indicator created by Trace Mayer and popularized by Preston Pysh .
The original post identified any price below 2.4x the 100-day MA as the BTC buy threshold. While the logic there is historically sound, it does not account for the fact that the BTC trend is parabolic in...
Every script follow a pattern in their price cycle. This can be defined by division of price cycle. Division line will act as pivot point.Above this bar this any price movement is indication of bullish trend while below this line any price movement is indication of bearish trend. This Nik price signal will give great result in combination of magicsignal which is...
Mayer Multiple developed by Trace Mayer gives the ratio of price to 200 daily moving average.
Buy when it's white sell when it's orange.
Is intended for use on day chart only.
This is an extension of the Mayer Multiple developed by Trace Mayer.
Normally you only have 2 thresholds signaling buying or selling (blue and yellow).
However, I added 2 more...
I started using this script because of its fast reaction, and good tell for buy/sell moments.
For larger timescales, the overall trend should be taken into account regarding the levels.
In the future i will update this indicator, to automatically adjust those.
This is the Overlay expansion of the Indicator Linked below.
This panel will show which is the best month to buy a stock, index or ETF or even a cryptocurrency in the past 5 years.
Script to use only with MONTHLY timeframe.
Thanks to: RicardoSantos for his hard work.
Please use comment section for any feedback.
New indicator, I hope you like it.
- If you want to filter more the signals you can activate in MacD Filter in the configuration.
- The use of the indicator is simple, with a simple Trader evaluation you can take good positions.
When the market is giving the signals for bullish trend, which shows the shorter period exponential(20) moving average crossing the longer period moving average(50), with a strength shown in the market i.e. RSI greater than 40.
So when all these conditions are met a buy signal is generated in output (Output of Ema cross and Rsi) having value as 1.
So a trader can...