█ This indicator shows V bottom & V top patterns as well as potential V bottom & V top. These V bottom & V top are chart powerful reversal patterns. They appear in all markets and time-frames, but due to the nature of the aggressive moves that take place when a market reverses direction, it can be difficult to identify this pattern in real-time. To address this...
Hodrick-Prescott Channel is a fast and slow moving average that moves inside a channel. Breakouts are when the fast ma crosses up over the slow ma and breakdowns are the opposite. The white moving average is the fast ma, the slow moving average is the red/green ma. What is Hodrick–Prescott filter? The Hodrick–Prescott filter (also known as Hodrick–Prescott...
Adaptive ATR Channels are adaptive Keltner channels. ATR is calculated using a rolling signal-to-noise ratio making this indicator flex more to changes in price volatility than the fixed Keltner Channels. What is Average True Range (ATR)? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in...
Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). In this strategy, I use Pivot High/Low to find Double top and bottom. Entry long: when Double bottom occur. Entry short: when Double top occur. Risk: Reward: You can change % Stop loss and...
Our proprietary algorithm supports two types of Signals to choose from (and uses Matrices to keep track of the various waves): 'Fibonacci Extensions' where it spots extended waves (XABC) to predict AB=CD moves and puts the Take Profit levels accordingly to commonly used Fibonacci ratios; OR 'P&V' which stands for Peaks & Valleys (M and W) capturing full Peaks and...
EXPERIMENTAL: Auto adjusting regressive channel with projection. Linear regression is a linear approach to modeling the relationship between a dependent variable and one or more independent variables. In linear regression , the relationships are modeled using linear predictor functions whose unknown model parameters are estimated from the data. Disclaimer...
This is a technical analysis study based on the most fit leading indicators for short timeframes like EMA and SMA. At the same time we have daily channel made from the last 2 weeks of ATR values, which will give us the daily top and bottom expected values(with 80%+ confidence) We have 3 groups of lengths for short length, medium length and a bigger length. At...
The Smarter MACD displayed as a band instead of an oscillator. A classic MACD with average peak and dip lines. The lighter green and red horizontal lines are the average peak and dip of the entire span, respectively. The second, bolder of the two lines are the averages of the peaks and dips above and below the overall peak and dip averages. The filled in color is...
This indicator is created on top of existing Zigzag indicator . The projection channel starts at the end of the last ZigZag line. Disclaimer Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for informational and educational purposes only. Use of the script...
Exponential Moving Average Channel with projection forecast. Riding a bull run is almost always riding an EMA value. This indicator plots displaced EMA values guggesting possible sell targets. Disclaimer Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for...
You can use this indicator to detect the levels and trend. I used the highest of the two last highest pivots and the lowest of the two last lowest pivots to calculate "max" and "min" or high level or low level. I also calculate the average of the 4 values to reach the average line which could be a trend detector in higher lengths. Default length is 3 but using...
This script is based on an idea I have had for bands that react better to crypto volatility. It calculates a Donchian Channel, SMMA-Smoothed True Range, Bollinger Bands (standard deviation), and a Keltner Channel (average true range) and averages the components to construct its bands/envelopes. This way, hopefully band touches are a more reliable indicator of a...
RSI Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart, and linear regression was added to predict changes in force intensity, which allowed us to confirm support and resistance within linear regression . In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support...
Based on the Bollinger Bands system. This shows outer channels to the bollinger bands .
I'm reposting the Saylor to Schiff Ratio indicator that was originally developed by Michael Silva This indicator may be used to predict key momentum shifts in the price of Bitcoin I've set up this indicator for it to be used on the weekly timeframe as was intended. The indicator plots in any BTCUSD spot, futures , BLX index and BTCEUR . It paints in all time...
Description of the indicator: The SAR indicator will indicate a trend change on the chart: LONG: Red up arrow + GOLONG alert + red horizontal line SHORT: Blue down arrow + GOSHORT alert + blue horizontal line A HILO trend channel is also formed, which is reset when the trend changes. The HILO channel will help you see the price movement in the channel. Trend...
HISTORY AND CREDITS Used by John Carter in his indicator’s toolbox. The ATR channels or the Keltner Channels represent the railroads or the natural movement of stocks. WHAT IT DOES Movements between the the The first multiplier lines (white) represent standard movement for the timeframe you are trading. Movements between the second multiplier (green/red...
This is zigzag based double top/bottom indicator. Code is same as : Double-Top-Bottom-Ultimate But, republishing it to make it available open source. Double Top: Recognition - Checks on Zigzag if LH is followed by HH Confirmation - When low crosses under last lower pivot point on zigzag Invalidation - When high crosses over HH Double Bottom: ...