This script is a simple Forex terminal.
It serves the same purpose as Heatmaps.
You can also set the period to look back manually in the menu.
Major indicators are taken into account.
In this way, an idea can be obtained about all major and minor currencies.
Pretty simple here - this is the base EMAs I suggest most traders use in the FOREX market for swings and scalp trading. Works well on 5m, 15m, 1H, 4H, and daily trading if you design an edge to interpret the relationship these averages of price are telling you.
The 9EMA is not as valuable on the 1HR timeframe.
El script describe las sesiones de forex new york, tokio y londres los mas importantes, siendo su uso mas para el estudio de como afecta e influye las sesiones en una estructura de mercado. el script es editable de acuerdo a los parametros que quieras estudiarlos.
Code for All 4 Forex Sessions W/ Background Highlight!!!
thank you ChrisMoody
Uses a combination of moving averages to establish trends, and finite-difference derivative approximations to predict possible reversals. Seems to work best on 1 hour charts of less volatile currency pairs.
This gives you the ability to track multiple tickers correlation aspects compared to the ticker you are currently viewing.
You can plot the background color and also shapes above the candles.
I personally only see the use of negative correlation to be of much use as most moves that have a heavy negative correlation with other largecaps are likely to get faded by...
This script shows average absolute values of the open minus close (or largest of open to high/low if option is selected), for each hour of the day. It can be used to find high and low volatility hours for strangles and butterflies.
You must have the daily time frame selected for it to work properly.
The "mul" multiplier will show "whole pips" (i.e. 10 instead of...