This script uses simple features to indicate where a trend may continue. It uses market structures and monitors breaks of swing highs and swing lows. If there is a break upwards, the alert will give signal when there is a sweep that forms in the biased direction (see chart - alert will trigger on candle close). For it to send alerts you must right click the...
This script uses simple features to indicate where a trend may continue. It uses market structures and monitors breaks of swing highs and swing lows. If there is a break downwards, the alert will give signal when there is a sweep that forms in the biased direction (see chart - alert will trigger on candle close). For it to send alerts you must right click the...
This script uses simple features to indicate where a trend may continue. It uses market structures and monitors breaks of swing highs and swing lows. If there is a break upwards, the alert will give signal when swing points forms (see chart - alert 1) or when sweeps form (see chart - alert 2). For it to send alerts you must right click the indicator and apply...
Simply using a single RSI and placing a signal after it crosses the 50 level after being overbought or oversold in the same direction.
Momentum Dynamic & Flow (Expo) is a useful indicator that displays the momentum - as dynamic & flow, as well as where the momentum begins to stall. ♢ Momentum -Dynamic can be used to identify overbought and oversold areas. ♢ Momentum -Flow can be used to identify if the current trend has strong momentum. ♢ When momentum begins to stall it can be identifiable...
This is a very simple script... it does not necessarily create signals. It only provides useful feedback via statistics & probability. There will be a green background if there are two green bars in a row, and it will stay green until two red bars show up (in which it switches color to red until two green bars show up again). The fuchsia arrows show the double...
Trend Continuation Factor indicator script. This indicator was originally developed by M.H. Pee (Stocks & Commodities V. 20:3 (58-64): Trend Continuation Factor).
Trend continuation factor, by M.H. Pee The related article is copyrighted material from Stocks & Commodities.