🚀 Introducing the Momentum Concepts™ , a robust multi-layered momentum analysis tool developed by AlgoAlpha . This All-in-One indicator offers a comprehensive approach to understanding market momentum, empowering traders with hyper customizable features to tailor their analysis to their specific trading strategies. Designed with efficiency and compactness in...
Hello Fellas, Here, I applied a special technique of John F. Ehlers to make lagging indicators leading. The T3 itself is usually not realling the classic lagging indicator, so it is not really needed, but I still publish this indicator to demonstrate this technique of Ehlers applied on a simple indicator. The indicator does not repaint. In the following picture...
The "MacroTrend Vision" indicator is crafted with a singular goal – to provide traders with a quick and insightful snapshot of a country's global index. Seamlessly combining macroeconomic and technical perspectives, this tool is designed for those seeking a straightforward yet comprehensive overview. Let's explore the key features that make the "MacroTrend Vision"...
The Leading Economic Indicator (LEI) is a groundbreaking technical indicator designed to serve as a comprehensive measure of the prevailing direction of economic trends in the United States. This unique index combines two key economic indicators: the Composite Leading Indicator (CLI) from the Organization for Economic Co-operation and Development (OECD) and the...
The Purchasing Managers Index (PMI) is a widely recognized economic indicator that provides crucial insights into the health and performance of an economy's manufacturing and services sectors. This index is a vital tool for anticipating economic developments and trends, offering an early warning system for changes in these sectors. The PMI is calculated based on...
The US Composite Leading Indicator (CLI), normalized for the United States, closely mirrors the Conference Board "Leading Economic Index" (LEI). It offers unique insights into economic and financial dynamics. The Composite Leading Indicator (CLI) is an economic tool designed to anticipate economic developments. It is created by aggregating and normalizing a wide...
Macroeconomics is the most important part of the financial markets. If the trader/investor could predict the economic cycles, the chance of making money is much greater. This is the second macroeconomic indicator, which gives us a more detailed picture of yields and some leading indicators. Trying to predict a recession is the main goal. The indicator is...
--------- ENGLISH --------- This is a predictive indicator ( leading indicator ) that uses Bayes' formula to calculate the conditional probability of price increases given the angular coefficient. The indicator calculates the angular coefficient and its regression and uses it to predict prices. Bayes' theorem is a fundamental result of probability theory and...
--------- ENGLISH --------- This oscillator combines the Price Action and the Relative Strength Index (RSI) to help identify potential buy and sell signals in a market. The Price Action Oscillator measures the difference between the closing price and a 20-period moving average, and then normalizes this value by dividing it by the standard deviation of the closing...
--- CONCEPT - HOW IT WORKS --- This script is based on the percentage difference of the price action movements of EUR and USD --- WHAT IS IT FOR? --- It's a trend following script with leading capabilities. It works on every TF, best over H1 on EURUSD pair. --- HOW TO USE IT? --- Simply you have buy or sell signal looking at crossing lines. You should regard...
WELCOME to the Munich Guppy! This is a simple moving average indicator that will help you determine the trend of your chart using historical moving averages. The indicator consists of 3 EMA's and one ALMA moving average. Using these 4 moving averages I have programmed the relationship between the moving averages to color the background of your chart. If your...
The objective of this indicator is to be a leading indicator that can detect a large price change before it happens. It is based on the On Balance Volume (OBV) indicator, which is a leading indicator based on the premise that a large change in volume often precedes a large price change. This indicator charts the N-Period deviation of the OBV data and displays it...
Leading MACD (Expo) is designed to anticipate future price action, enabling traders to predict market movements ahead of time. The idea of a leading indicator is that traders can get in before the price move happens and ride the entire trend. █ Moving average convergence divergence (MACD) is considered one of the most effective momentum and trend-following...
Let's first learn what is Delta & How to Use Cumulative Delta Volume Bars? Cumulative Delta Volume Bars is one of the leading indicators that you can use when trading order flow. It gives you an instant snapshot of the buying and selling pressure in a market. After reading the detailed description of "Cumulative Delta Volume Bars," you will understand how volume...
Concept of Supply and Demand Zones The concept of supply and demand zones is confusing to some traders. And most tend to believe it's not a concrete concept to be relied upon as they don't exactly know where to draw the lines precisely that best represents the supply and demand zones. A demand zone is where most traders placing their buy order based on the...
The Detrended Ehlers Leading Indicator was created by Bill Mars based off of Ehlers work and this is his attempt to create a leading indicator based on the previous Detrended Synthetic Price . I will be honest that this is a bit of a strange script because it is an indicator based off of the detrended synthetic price which is based off of Ehlers work so I haven't...
Indicator plots percent change of close price for current symbol and a comparative symbol. You can also plot SMA instead of closing price to add smoothness to the trend. Objective: Analyze if the stock leads the index or is lead by the index. Hope this is helpful Best, Swan
Level: 2 Background John F. Ehlers introuced Leading Indicator in his "Cybernetic Analysis for Stocks and Futures" chapter 16 on 2004. Function The leading characteristic is present in the net filte.As predicted, the lead is one bar at very low frequencies. That is, the trend indication will lead by one bar. However, the net filter has a lag of approximately...