The indicator is a basic implementation of NimblrTA It includes the following indicators 1) Strength Candle Identification Body height/Candle height ration > 50% indicates candle is unidirectional and has strength On a 5 minutes chart, 2 strength candles form a breakout When combined with CCI 34 30 crossing 100 along with strength candles for Breakout with...
This strategy is built to prove the profitability of my Underworld Hunter indicator . It tests two different strategies. I won't be going into the calculation again since it is part of the original script. I just made a few adjustments. First one is clearly visual. It plots slimmer twin-coloured lines now and has a different colour for every extreme level....
This is a set of indicators that when used together can give strong pivot points, find support and resistance levels, and includes 3 moving averages to help spot crossovers. When price is near a defined level, you can use a low-risk entry for reversal. When price crosses a defined level, you can use a low-risk entry for momentum. Watch the moving averages for...
The Multi Touch EMA Confluence Indicator identifies zones where EMAs across 6 different time frames are within a specified range in proximity of the close value. These zones indicate confluence of EMAs. The confluence zone is specified as a point difference. When confluence is found, the indicator will paint horizontal lines of different color and width. ...
Underworld Hunter + Base Zone is designed to keep traders out of ranging markets by establishing a "dead zone" between the bands where price may be choppy or trends may be short lived. The original Underworld Hunter from @greenmask9 adapted Bollinger Bands by changing the basis from SMA to the EMA of the EMA of the EMA. This version now allows the user to select...
special thanks to redxbt for the script code modified for 55,99 EMA's dip and tip points green and lime are dips for buying red and orange are tops for selling works best on 5,10 min scalping charts
This is RSI based on Kaufman’s Adaptive Moving Average. Drawing line flatter than normal RSI. In My sense, it can easier find Divergence than normal RSI. I use William Delbert Gann's short cycle of "multiples of 7" for the default setting. Or, you can choose and customize a setting from my preset.
The Script is Used for Exponential Moving Average which are fixed for Daily and Weekly. Can Be used in any Timeframe but EMA are fixed to Daily and Weekly only. One option of Open EMA is kept which can be modified in settings. Turn On/OFF various EMA's and enjoy the play of EMA's Its can change colours if selected in the Settings. OFFSET is also...
On the basis of moving average, add moving average and standard deviation line of volume to filter the entry and exit time. Filter entries and/or exits based on low volume options = 1, no not enter on low volume options = 2, exit on low volume options = 3, both 1 and 2 For others, please refer to the code and notes。
On the basis of moving average, add moving average and standard deviation line of volume to filter the entry and exit time. Do not enter trades on high volume and price in trend direction. Exit on high volume and price in profitable direction. Option 0 = No entry or exit filter Option 1 = Entry filter only Option 2 = Exit filter only Option 3 = Both entry and exit filters
The PVA bars and PVA candlesticks are used together with PVA volume for easy recognition of those specific chart time frame bars where special price and volume situations occur in PVSRA. The special situations or requirements for the PVA colors used are as follows. Situation "Climax"..... When volume >= 200% of the average volume of the 10 previous chart TFs or...
This is a new breed of strategy that used volatility in many time frames in order to come to an average volatility factor which is further calculated with another in house formula in order to take advantage of the fast movements of the price action by making fast profits. This is an experimental strategy that should be analyzed very carefully before using it as...
This indicator plots on the chart the parameters and signals of the Price Action and 3 EMAs Momentum plus Sessions Filter Algorithmic Strategy. The strategy trades based on time-series (absolute) and relative momentum of price close, highs, lows and 3 EMAs. I am still learning PS and therefore I have only been able to write the indicator up to the Signal...
I described the indicator in the link below, this is a strategy version to test settings.
This shows the distance to a moving average of your choice as histogram, you can select your moving average at input "Oscillator Source". You need to have a plot on your chart (like EMA or anything else) so you can connect this indicator to it. I used Ichimoku Cloud's 20 period Conversion line (blue line) as example on the chart. You can look for divergence on...
We have set a period such as EMA to use 5 minute bars and the first band is period 60 and 100 EMA. The color of the belt changes according to the position of the period 5EMA-25EMA-50EMA. The second sash is based on a 60- and 100-EMA period of 15 minutes. The change in the color of the obi is also a 15-minute specification. Since the above period can be changed, I...
You like 1 minute charts? You haven't lived until you've traded 1 second charts.