Trading The Movements That Matters Inspired by the Price Volume Trend indicator the Efficient Price aim to create a better version of the price containing only the information a trend trader must need. Calculation This indicator use the Efficiency Ratio as a smoothing constant, it is calculated as follow : ER =...
A derivation of the famous SuperTrend indicator. My motivation for such indicator was to use more recursion in the original SuperTrend code, this work was made quite fast but feel free to modify it, as always my work is more for inspirational use than anything else so i hope it will inspire you to get more involved with the SuperTrend code or to start coding...
This trend indicator wants to detect possible buy and sell zones.
An EMA is applied to the ADX in order to catch the exhaustion of a trend (i.e. ADX line crossunder EMAADX line) or the possible formation of a new one. In the first case, we would wait a confirmation signal, which happens when the crossunder has a value greater then 50. A new trend is created when the difference between the ADX and the EMAADX is positive, with ADX...
This is a pretty simple indicator that automatically draws Support and Resistance lines.
Trend Score compares close prices between last close with previous closes by a certain period of time. It's like momentum but gives a score +1 when close price is equal to or above (defaultly) 10 bars ago and gives a score of -1 when below. calculation continues from default length to the 2 times of length. Defaultly (for 10 bars length) If Trend Score converges...
Ok this script is the improvment of last model it has take profit for long and short + stop loss for both and the regular sugnals for buy and sell just set the parameters correct for your design have fun
Based on Rick Santos ' Swing Charts V1 Darvas Box V0.1' However I have migrated script to pine version 3, customized to suite and added a higher number for the trend count
Green means buy and red means sell. Adjust according to your fits. Have to lock the code just in case someone will commercialise this.
The strategy consist in every time that price failed to break any of the EMAs, we need to wait for the right price action and make a buy or sell when it bounce from it to keep surfing on the trend (using the stochastic oscillator and the 5-13 EMAs cross as an additional confirmation). When do we start looking for a change on the trend? When it repeats the blue...
A good indicator for TA based on a smoothed Linear Regression and displayed in two ways, as histogram and as a crossover lines The histogram shows a better view of the trend The lines confirms the trend when the crossover is happening Alerts are added Enjoy! @ Zekis
CryptoMedics are happy to announce the release of our new Algorithmic trading bands! The Bands can be used as dynamic support and resistance levels. Anything from scalping on the 1m chart to swing trading on the daily. The opportunities are endless. Developed using tried and tested methods that hedge funds from wallstreet to smart individual traders have used...
Someone asked for this simple Trend Suite indicator. It was intended to use it for smaller timeframes, but you can use if of course for every timeframe. You can configure the period and switch between the Simple Moving Average (SMA) or the Exponential Moving Average (EMA). Happy trading :)
The indicator is taken from Alexander Elders "Triple Screen System," minus using the Weekly MACD as a filter/trend. I believe waiting for the force index and the weekly MACD histogram to line-up is uber conservative and a trader will miss too many signals (In my opinion). The indicator is for a pullback trader. A trader that waits for a trend to develop then...
This indicator was originally developed by Markos Katsanos (Stocks & Commodities, V.36:12 (November, 2018): "The Stiffness Indicator"). Like and follow for more open source indicators! Happy Trading!