Fibonacci moving averages are a more reactive form of EMA utilizing the Fibonacci sequence (1 2 3 5 8 13 ... etc) to weight values. This method gives several advantages of EMAs: they respond much sooner to price action while still weighting for past values and longer MAs (200 candle, 800 candle) etc moving averages can be calculated from candle 1 - handy for...
Classic ITH/ITL Intermediate Term High - High that has short term high on either of it's side. Intermediate Term Low - Low that has short term low on either of it's side. FVG The indicator also marks Fair Value Gaps which is a very important concept in price action trading. FVGs are formed when there is ineffeciency,or imbalance, in the market. ...
Volatility Pivot Support and Resistance calculates "pivots" (support/resistance lines) based on current symbol/timeframe Average True Range calculated volatility. What is Average True Range? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading...
Determining trends and reversals are the keys to trading, yet very difficult. Parabolic SAR is hard to trade during choppy price action. SuperTrend is a bit late in determining changes of trend and not great and exit signals. So WonderTrend is a bit of both, a more stubborn PSAR, also a faster SuperTrend. The green is up, red is down, and yellow is caution...
I have always fighted to understand the market direction because it looks different on different timeframes. I wanted an indicator where I can see all the different timeframes at once. This indicator shows the Heiken Ashi candle colors for different time frames at once. Use it on the 5 Minute timeframe. 4 colors: dark green: bullis green HA candle with no low...
I have always fighted to understand the market direction because it looks different on different timeframes. I wanted an indicator where I can see all the different timeframes at once. This indicator shows already existing oscillators but not only in the current chart's timeframe, but all the most important higer timeframes at once. I have started with the...
A tool that automatically draws out trend lines by connecting the most recent fractals. Description: The process of manual drawing out trend lines is highly subjective. Many times, we don’t trade what we see, but what we “want to see”. As a result, we draw lines pointing to the direction that we wishfully want price to move towards. While there are no...
Stepped Heiken Ashi Moving Average w/ Jurik Filtering is a Heiken Ashi moving average with Jurik Filtering and stepping by pips. This can be used as a moving average channel. What is Jurik Volty used in the Juirk Filter? One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market...
Theory: Bill Williams's Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the bars midpoints (H+L)/2, which is subtracted from the 5-period simple moving average, built across the bars midpoints (H+L)/2. It shows us quite clearly what’s happening to the market driving force at the present moment. This version ...
This indicator plots the close-spread relationship between two price series by calculating the change across two price series as a spread for each. Each spread is the rate of change in yesterday's closing price and the prior day's closing price. By default, weekend prices are defined to be 0.0 but can be included as user-definable input, if required. User input: ...
============ ENGLISH ============ - Description: This indicator is similar to my previous volume indicator called "ADVO" (check my profile!), which determines accumulative and distributive volume (buy/sell, bullish/bearish candles), but instead of using ALL the volume it only uses CLIMATIC VOLUME candles filtered by SMA. There's an option to ignore wicks (which is...
Miyagi: The attempt at mastering something for the best results. Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability. VWAP has been the main condition for entry for our trading community for quite some time now, however using VWAP alone can...
Miyagi: The attempt at mastering something for the best results. Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability. VWAP has been the main condition for entry for our trading community for quite some time now; however using VWAP alone can...
This indicator is based on T3 Moving Average , which was first described in the January 1998 issue of the " Stocks & Commodities " journal in the article " Smoothing Techniques For More Accurate Signals " by Tim Tillson. The T3 Moving Average was developed in the search for a “perfect” moving average, which would have 2 characterictics: Smooth (not sensitive...
ATR-Stepped PDF MA is and ATR-stepped moving average that uses a probability density function moving average. What is Probability Density Function? Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights. Included: -Toggle on/off bar coloring -Toggle on/off signals -Alerts long/short
I've added Buy & Sell Flags - They will be used to add Longs and Shorts Flags as well as the ability to add alerts on them. What triggers the Buy signal? Buy signal = This indicator make use of the rsi (Relative Strength Index) to look at specific overbought and oversold levels as confirmation if it is an uptrend and not overbought yet. This will indicate that a...
GNC got a little update: 1) Logic changed a bit. I tried to calculate MAs based on the power(high - low of previous bars).You can see it the M-variables, as new statements were added in calculation section of MAs. I don't really know if I did right, because I didn't go too much in Pine Script. I just wanted to make a Bollinger-bands-like bands, which could...
With the latest added features chart.left_visible_bar_time and chart.right_visible_bar_time it is now possible to place label.new() positions at the equivalent of 'location.top' and 'location.bottom' The following are examples of functions which enables to find the visible chart highest/lowest bars: highest_visible_chart() => var float highs = na ...