Here is an adaptation of TTM_Trend I coded. It's all pretty self explanatory. Aqua = buy and red = sell.
There's only one setting to tweak and it's the look-back for highest and lowest.
I have found that this indicator gives signals at almost identical areas to the TTM_Trend but tend to actually be a little more efficient (earlier buy/sell signals), although I...
The Decycler Oscillator was created by John Ehlers (Cycle Analytics For Traders pgs 43-44) and it is used to show transitions between uptrends and downtrends. If it rises above the 0 line then this means it has transitioned to an uptrend and it falls below the 0 line then it is in a downtrend. Buy if the indicator line is green and sell when it is red.
This was a...
The End Point Moving Average was created by Patrick E. Lafferty (Stocks & Commodities V13 (413-417)) and it is essentially a variation of the weighted moving average but the weight system is different. Feel free to change the offset and length amounts to adjust to your needs but I'm using the default amounts in my script. This hugs the price very closely and I...
The Midpoint Oscillator was created by Tushar Chande Ph.D. (Stocks & Commodities V. 9:11 (431-434)) and it does a great job of tracking extreme changes in the price. Buy when the line is green and sell when it turns red.
Let me know if you would like me to write more scripts!
// Copyright by Randalll.com v1.0 09/03/2016
// This indicator provides 5 Exponential Moving Averages.
// Works well on 1D,4H,1H TF
// To be used with traditional trend following strategies.
// If 50/100/200 trending in same direction. Then buy/sell
// with trend direction....
The indicator paints the bar colours based on the average open and average close for past N days.
if average close is above average open, the bars are coloured green, otherwise they are coloured red
It can be used as a general trend filter on weekly, daily bars. even on intraday timeframes, this would work well and give a sense of the current trend direction.