This is a LAGGING indicator which can provide a good indication of trend. It require a certain (configurable) number of candles to have closed before it can determine whether a pivot has formed. It provides a 20 period SMA for the timeframe of your choice which is color coded to show the trend according to confirmed pivots. Anticipated usage: Long / Short...
A wave trend script based on LazyBears script but with added signals and a histogram...
Hi traders, I have coded this "Auto Trend Channel" script to help myself to draw a perfect trend. I usually use "Open / Close" as source. Play around with the "Lookback" period to find the best fit. Hope you enjoy it. Note: This indicator repaints as highs and lows changed. Remember to follow me and drop some comments below. Disclaimer: This is not...
I was playing around with the TSI-MACD and surprisingly it works quite well as a mirror. There are 2 ways this can be used 1. Enter long when Blue line crosses up the Red 2. Exit long when Green line crosses the blue or 1. Enter long when Blue line crosses up the Red 2. Exit long when Blue line crosses back down below the Red
Stock Analysis Software is a full trading setup and style that is meant for swing trading stocks, but can also be used for Forex, cryptocurrencies, indices and commodities. Whatever your choice of trading style (Intraday, Scalping, Swing trading, Investing) or trading instrument is (FX, Futures, Cryptos, Stocks) I can tailor it for you specifically. For example...
Project Mars is a next generation trend following system that finds a balance between the sensitivity and smoothness needed for well timed trades, without any lagging or repainting. This indicator has two sets of lines that help you with entries and exits with their respective crossover signals. The blue lines work together work together to try to give early...
Stochastic Predictor is a brand new development to the toolkit of DiNapoli traders. This indicator allows us to identify the price points at which the Stochastic might shift. These points often operate as Support and Resistance. If you'd like to subscribe to this one or other DiNapoli indicators, please drop me a private message.
The background of this script determines the short term trend. The stochastic gives both exit and entrypoints. It is fully costomizable and we have coded in alerts. When we have a crossover above the 50 hline with a red background, it indicates a move down. A crossunder below the 50 hline with a green background indicates a move up. This indicator works great with...
This script is a combination of two. Firstly a trend is identified as up down or sideways. Higher highs and higher lows makes for an uptrend, lower highs and lower lows similarly allows for a downtrend to be registered. Users can adjust the number of bars to include for detection of the pivot points to increase the accuracy of trend changes but this significantly...
Ver1.0 The trend of ADX has been made easier to understand visually. The line color changes when the specified value is exceeded. ADXのトレンド発生を視覚的に分かりやすくしました。 指定数値以上でラインの色が変わります。
A weighted synthesis of various volume indicators. Divergence is key as with most volume indicators. Good add-on to Trend Shift Indicator.
This Volume Effectiveness indicator is designed to allow users to try and identify how effective volume is on each candle, and smoothing those values over time to try to find trends. Volume Effectiveness is the % change in price for each single unit of volume on the associated candle. The value can be positive or negative, but there is an option to just monitor...
A trend trading study which allows trend line to work as stoploss level. Take profit and re-entry points have been remastered with trend algorithm.
This script is meant mainly for use on BitMex's XBTUSD instrument, and provides buy and sell signals for use in the event the user would like to automate it. Read below for more information on how it might be used: The underlying logic in this script reads specific indicator conditions to identify when a change in medium-to-long term trend direction is taking...
This script can identify the price trend by overlaying colors as based on an algorithm using RSI and MA. Disclaimer: This should be effective on higher timeframes. This also works best with my RSI + StochRSI indicator. Red = short zone Orange = chop zone Blue = long zone Strategy: Blue = you can HODL until the trend changes Orange = good for scalping...
Sharay indicator The Sharay indicator is a trading tool based on the analysis of consecutive candles. The signals to generate alerts can also be a sign of support and resistance. The indicator has the visualization of the classic bluesky indicator and it can clearly identify the direction of a trend or market momentum. The signals produced help traders find...
Use as a supplementary Indicator to confirm your entries, but it is as good on it's own. When you first apply the indicator to your chart make sure you shrink it down It looks a lot better that way The indicator consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend As a bonus Possible Momentum Setup entries based on Stochastics...
Double Envelope is an indicator that is created using two pairs of moving averages that determine the upper and lower levels of the price range. Envelopes are commonly used to help traders and investors identify extreme overbought and oversold conditions as well as trading ranges. We advise you to use the indicator on the daily timeframe, it is there that the...