This script is supposed to be used as part of the "TESLA" strategy in which the default values for the EMAs will serve as a trend indicator and dynamic support and resistance. Moreover, the bollinger bands will signal an overbought or oversold condition stating statistically the price will go up or down. This script features are: - 3 EMAs which will response...
This is a modified version of @SeaSide420 TSI CCI Hull with profits exit on long and short order with alert as well original script : the strategy script: /// feel free to edit/improve and comment
A new idea of mine that I am presently experimenting on for my trades. The Directional Volume Index (DVI) is defined as follows: DVI = VWMA(len1) - SMA(len2), where by default, len1==len2 The sign of the DVI provides volume confirmation of the direction of the price trend. The magnitude of the DVI provides the volume confirmation of the strength of the...
The Kijun-Sen line is an indicator that helps to identify the trend; whether that's up or down. When the line is... Green - Market is in an uptrend Red - Market is in a downtrend Recommended settings: 20 - 37 (26 is best) The Kijun-Sen line, otherwise known as Baseline is simply the middle price between the highest high & the lowest low over a given period of...
this scripts shows a simple cross between three media movil, 50,20, 200. You 'll be able to change the period if you want. dedicated to JuanJo.
This BULL signal will pop up if the EMAs on the chart are looking bullish and the MACD crosses bullish. Of course it will never be a 100% hit rate, please practice good risk management.
The 2 Pole Butterworth Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this is an updated version of his original 2 pole Butterworth Filter script that seems to follow the price even closer. Buy when the indicator line turns green and sell when it turns red. Let me know if there are other scripts you would like to see me publish or if...
This script visualizes the relative movement of a single OHLC candle compared to an index (or another symbol). The vertical location of the candle indicates the general positive/negative comparison of the bar vs the index. The color of the candle indicates how the candle moved relative to the index. The wick indicates the closing range compared to the index...
This indicator is the best than all other sma indicators.Because in just one click you can change all the resolution /time frames for all the sma . Multitime frame analysis can be done in just one click. just change the resolution to 15 min/30 min/1hr- if you intraday trader 1D- LONG TERM INVESTORS. Multi-timeframe analysis (MTF) is a process in which traders can...
00.00 - alt-flames component breakdown: a) various combinations of EMA crossovers taken from the primeval_series to create a complete sequence of background colored-lines that subdivide into a bullish portion and a bearish portion for directional identification b) specific macd crossovers for predictive power in the form of directional flames located directly...
This plots the ratio of 5EMA to 21EMA on current timeframe basis and compares this with plot of the ratio of weekly 4EMA to Weekly 12 EMA This is in attempt to find if recent momentum beats weekly momentum
Simple ATR-scaled levels or bands of suggested price to take profit on directional trades.
Script identifies the uptrend and downtrend according to the average price of the MA and PSAR lines. Rules of sale: - Open short positions when: MA12 cuts MA26 and MA52 from the top. PSAR dots on the price line - Stop loss: At the dots of PSAR and use Trailing Stop facing up On the nearest peak - Profit-taking: Corresponding ratio of R: R (1:...
To chart price relative to 50 and 200 day SMAs and to use the difference between those metrics as an indicator of bull or bear market and potential turnarounds.
21ema/50ema cloud + 200SMA Cloud changes to green when 21ema crosses above 50ema Cloud changes to red when 21ema crosses below 50ema
"5/22 Cross by bistatistic" is an indicator prepared using exponential moving averages. It can be used in the graphics of stock and money markets, especially the bitcoin market. The intersection times of 5-day and 22-day exponential moving averages allow us to decide the direction of the trend. We can use the buy and sell signals of 5/22 Cross as follows: If...
Median Absolute Deviation (MAD) is a robust measurement of variability and more resilient against outliers and small samples. This experiment uses MAD as a means of filtering outliers from an SMA calculation. First we construct the equivalent of a Bollinger Band, but based on the median as the basis and a multiple( k ) of MAD as the outlier cutoff. k can be...