Title: Combined Indicator with EMA Lines Description: The Combined Indicator with EMA Lines is a technical analysis tool that combines multiple indicators to provide insights into the market's strength and potential buying or selling opportunities. It incorporates the Relative Strength Index (RSI), Exponential Moving Average (EMA) lines, and the trend over the...
Why I develop this indicator? In future indices, post market data with little volume distort the moving average seriously. This indicator is to eliminate the distortion of data during low volume post market hours. How to use? There is a time session setting in the indicator, you can set the cash hour time, moving average outside the session will be...
20/200MAs Shows 20 and 200 MAs in each TFs(tfChart,1 Lower and 4 Higher). TFs: current TF Lower TF (default: lower1) Higher TF1 (default: higher1) Higher TF2 (default: higher1) Higher TF3 (default: higher1) Higher TF4 (default: higher1) MAs: 20MA (default: sma) 1st 200MA (default: sma) 2nd 200MA (default: ema) VWAP (optional) ...
The Multi-Band Breakout Indicator was created to help identify potential breakout opportunities in the market. It combines multiple bands (ATR-Based and Donchian) and moving averages to provide valuable insights into the underlying trend and potential breakouts. By understanding the calculations, interpretation, parameter adjustments, potential applications, and...
This puts away multiple moving averages. The moving average line that this draws is calculated from the closing price, but it uses a slightly different method to determine if the moving average line is heard, and if the closing price is between the high and low moving averages, it counts. The ratio of each count is calculated and the rate of change (variance) is...
Hi. I have prepared for you the multi-time frame RSI indicator based on moving average You can use it in three different time frames Open the settings and put the value you want in the Time 1 and Time 2 fields In the fast and slow section, specify the length of the moving period of fast and slow origins as desired In the offset section, you can add or reduce the...
Market Smith has a collection of tools that are useful for identifying stocks. On their charts they have a 21/50/200 day moving averages, high and low pivot points, a relative strength line, and a relative strength rating. This script contains indicators for the following: 21/50/200 Day Moving Averages High and Low pivot points A Relative Strength line A...
-INTRODUCTION: This is the first of three scripts I intend to publish using rainbow indicators. This script serves as a groundwork for the other two. It is a RAINBOW MOVING AVERAGES indicator primarily designed for trend detection. The upcoming script will also be an indicator but with overlay=false (below the chart, not on it) and will utilize RAINBOW BANDS and...
**Title: A Detailed Guide to Using the Moving Average With Risk:Reward Indicator** The dynamic world of financial markets offers a myriad of opportunities for market participants to make profitable trades. However, to unlock these opportunities, traders require reliable tools to guide their decisions, tools such as technical indicators. One such indicator is the...
This strategy is based and shown by trader and investor Alexandre Wolwacz "Stormer". Overview The strategy uses 12 moving averages (default EMA) to identify trends and generate trading signals opening positions. Allowing to select the type of moving average and length to be used. The conditions includes relationship between moving averages, the position of the...
This strategy is based and shown by trader and investor Alexandre Wolwacz "Stormer". Overview The strategy uses two indicators Bollinger Bands and EMA (optional for EMA). Calculates Bollinger Bands, EMA, highest high, and lowest low values based on the input parameters, evaluating the conditions to determine potential long and short entry signals. The...
Overall image: If the closing price is higher than the three Fibonacci EMAs (uptrend): Thanks to @ZenAndTheArtOfTrading and his indicator "Higher Timeframe EMA", URL = This is a trend-discriminating indicator that uses 3 EMAs. The Williams Alligator is the underlying philosophy, and we have applied it to capture the larger trend. It is set up for the...
The Indicator displays multiple exponential moving averages (EMAs) on the chart. The six available options will let you adjust and set ]exponential moving averages ( EMAS) as per your choice. Additionally I have added an Average ema which will calculate the average of all the emas that you have selected. This average ema works very strong and greatly to find...
// Some traders prefer to start the charts at 8am in the morning. // This chart setting is not possible as of today, but the following script lets you calculate ema for a defined time range. // Right now it is set to include bars from 08:00 to 23:59, meaning that early pre market 04:00 to 07:59 is left out.
The Disparity Index is a technical momentum indicator that measures the relative position of the most recent closing price to a selected moving average. It calculates the percentage difference between the closing price and the moving average, providing insights into price momentum and potential reversals. The formula for the Disparity Index is: * 100, where...
Hello I would like to introduce a very simple strategy that uses a combination of 3 simple moving averages ( SMA 4 , SMA 9 , SMA 18 ) this is a classic combination showing the most probable trend directions Crosses were marked on the basis of the color of the candles (bulish cross - blue / bearish cross - maroon) ma 100 was used to determine the main trend,...
Screener version of Anıl Özekşi's Moving Stop Loss (MOST) Indicator: USERS MAY SCREEN MOST WITH 11 DIFFERENT TYPES OF MOVING AVERAGES + THEY CAN ALSO SCREEN SIGNALS WITH THAT 11 MOVING AVERAGES INSTEAD OF USING MOST LINE. Adjustable Moving Average Types: SMA : Simple Moving Average EMA : Exponential Moving Average WMA : Weighted Moving Average DEMA : Double...
0. Preface Hello traders, This is a strategy script that allows you to utilize a Grid Strategy using moving averages. It is very simple, but I decided to post it because it was hard to find such shared open-source codes in Pine Script. 1. Main This is a very simple trading method. Based on the moving average line you set, if the price drops by a certain...