experimental: analyzing the differences between price closure and multiple moving averages to discern movement and direction of market. upper signal is the long trend, while the lower signal symbolizes faster movements within the trend.
This is a very simple idea - an average of RSI and the Stochastic Oscillator. However it offers plenty of flexibility for tuning to your requirements. You can change the lengths of either indicator and the weighting of each. By default it's set to 50/50 (just change the percent RSI to adjust). There is also an optional EMA which can be used as a signal line. ...
This is a famous trend indicator in MT4 platform. Is this better than other MA based trend systems? I will let you decide that :) Supported modes: - Trend mode: This is the default. Draws a trend line (like MA) and colors them based on the trend. - Ribbon Mode: Shown at the bottom pane. No trend lines are drawn. - OverlayMode: Bars are colored based on the...
Trend continuation factor, by M.H. Pee The related article is copyrighted material from Stocks & Commodities.
This Code Simply Changes the Bar Colors based on if the Bar is Above or Below the EMA. Inputs via the Inputs Tab: Ability to change the EMA Period. Ability to Turn On/Off the EMA Plotted on the Screen ***Note - I used the HLC/3 To determine if the bar/candle is above or below the EMA. This Filters out the Chop and gets rid of many of the False Breaks above or...
Here is the Link to youtube video. Its free. www.youtube.com I did not buy this indicator, I do not have the code. But Most likely this is what's is being calculated. More Video here - www.protraderstrategies.com Compare this indicator with his charts shown in the video Save another $495 bucks. NOTE: This is not the actual code for this indicator. This is...
TimWest Long Short Filters Indicator Has 3 Separate Filters that Create Green(Bullish) or Red(Bearish) BackGround Highlights If Price is Above or Below a certain LookBack Period - Tim Defaults to 63 on Daily Chart to Quickly View if Price is Above or Below it’s Price 1 Quarter Ago. A Simple Moving Average Filter - Tim Defaults to 50 SMA and 200 SMA also known...
The related article is copyrighted material from Stocks & Commodities Mar 2010 You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
The related article is copyrighted material from Stocks & Commodities Mar 2010 You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
Sling Shot System + Even Better System. I get this email about a Trend Following System that sells for $1000 but I could get it that day for only $500!!! I watch the video showing this Amazing System which may have taken me an entire minute to figure out the code. I code it up. And Hey…It’s not a bad system. It’s good for people who may need a Entry Signal to...
The related article is copyrighted material from Stocks & Commodities Apr 2010.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998
This technique was described by William Blau in his book "Momentum, Direction and Divergence" (1995). His book focuses on three key aspects of trading: momentum, direction and divergence. Blau, who was an electrical engineer before becoming a trader, thoroughly examines the relationship between price and momentum in step-by-step examples....
Created By Request for lucalucious Allows for EMA Smoothing with different values for Up and Down Trend. Ability to Plot EMA to see Trend Filter
GRIB Trendline show the distance betwen the price and the SAR with the GRIB settings in percentage. It highlight the elasticity of the wave. It's designed to be used with trendlines to spot the bottoms and the tops. More explanation here : and here : note : do not use "selldot" and "buydot", i was testing something and gave up about the idea
This indicator is a composite of MACD and Z-Score (requested by @ChartAt). The general idea is that counter-trend component of the Z-score is used to adjust/improve the trend component of the MACD. The advantage is that it is a more accurate and “assumption-free” and can more accurately describe how a market or stock actually works in a given time frame. I have...