Approach for detecting price 'chop'. It's quite simple; instead of trying to detect chop, just measure the weakness of a trend. This is done by essentially taking two moving averages, measuring their relative difference and then take a moving average of this difference of 'n' periods (Lookback) The result can be measured against a threshold 'floor' which...
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
Study mode of pattern strategy. You can use alarms in this mode to follow the strategy.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
DiNapoli Candles is a new indicator that colors the price candles to indicate Bullish and Bearish Cycles. This version of the indicator includes the following features : Show/Hide Colored Candles Show/Hide Black & White Candles Colors are customizable Blue Candle signals New Bull Cycle Bright Green Candle signals Strenght in Bull Push Dark Green...
ATR Trend I see that lots of traders use ATR as their stop-loss and take-profit levels. I decided to write this script to help traders to easily calculate their ATR levels. ATR also works as support and resistance. That's why i have decided to call this indicator as "ATR Trend". I hope you enjoy it! Disclaimer: Past performance is not an indication of future...
4 different color trend show for weekly, daily and 4 hours. red : mavilim downtrend, and mavilim below the wma21 orange : mavilim uptrend, and mavilim below the wma21 lime : mavilim downtrend, and mavilim above the wma21 green : mavilim uptrend, and mavilim above the wma21 also on the current chart; u can show current mavilim, weekly wma21,...
weekly mavilim line,daily mavilim line and more,within your current chart. and shows multiple mavilim trend. if u need something like this
weekly 21wma,daily 21wma and more,within your current chart. and shows multiple trend. if u need something like this
This indicator adds stochastic, multi time frame, signal line, histogram, and bar coloring options to my previous indicators. It can also replicate standard Money Flow Index ( MFI ), Chaikin's Accumulation/Distribution Line ( ADL ), On Balance Volume ( OBV ) and Price-Volume Trend ( PVT ). This indicator can be used for analyzing momentum, buy/sell pressure,...
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.
It is a graphical indicator that brings several advantages. Eliminates noise. Facilitates the identification of the trends. Uses fibonacci ratios. Can be used as directional force indicator.
Script to visualize 5 EMAS at period 5, 13, 50, 200, 800 for Daily timeframe and also it shows 50% bodycandle. Use it to understand the trend and domand/supply zone.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.
Rainbow Oscillator script. This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities V.15:7: Rainbow Charts).
Phase Change Index script. This indicator was developed and described by M. H. Pee (Stocks & Commodities V.22:5 (28-37): Phase Change Index). Other indicators of M. H. Pee: