This study project is an updated version of the implementation of the "Stochastic False BAR" indicator. Description: The standard Stochastic buy/sell indications come from Stochastic crosses about the standard overbought/oversold zones (80/20). This does not always work and you get stuck in the OB/OS zones with a trend continuation. Utilising a second much...
Fibonacci Commodity Strength Value tells us about the strength and weakness of bull or bear market. The main focus in this is too be done at reversal. It can also be used for identifying fake ups/downs. If all the 4 lines moves upward after a huge up spike, then notice the values of all 4 values. If red fib is smaller than green fib then it is a fake trend. If...
Latest update to the volume flow indicator. It calculates volume fraction up and down based on candle shape: body counts twice one way, wicks count both ways. Total volume (positive + negative) is the regular volume. Additionally, I added breakout detection, oscillator, colored candles for easy trend following, reversal warnings, high and low volume alarms. Every...
This simple indicator gives you a lot of useful information - when to enter, when to exit and how to reduce risks by entering a trade on a double confirmed signal. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... Added Alerts when signal changes.
A very simple yet, very useful and lovely oscillator, most of the time, when we have a position in a trend and we want to take a look at percentage of our gain or loss, we need to use the "Price Range" tool time and time again, this, in some trades that you would buy and sell in less than an hour, can become a problem, also, if you have few different things going...
Hey guys, sometimes you just want to plot an Indicator value from a higher Timeframe on your Chart. For most Indicators this is pretty straightforward however there is one Indicator that has been giving me quite a headache while trying to do this: The Average Directional Index . Anyway after going through almost 200 versions of this script I finally found a...
Double Smoothed Stochastics (DSS) is designed by William Blaw. It attempts to combine moving average methods with oscillator principles. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Double Smoothed Stochastics (DSS) is designed by William Blaw. It attempts to combine moving average methods with oscillator principles.
Buy when: CCI cross 20 UP RSI points Up Sell When: CCI cross 80 Down RSI Points Down
I guess the build in STOCH indicator has some problem, it shows totally different compare to other software like MT4, so I create this one with the original definition, enjoy it!
The Laguerre RSI Indicator is a modification of the well-known relative strength indicator or RSI. John F. Ehlers, the famous trader who created the Laguerre RSI, tried to avoid whipsaws (noise) and lag produced by smoothing technical indicators by applying a filter and some changes to the original relative strength indicator. The result is a technical indicator...
Version 2 Updates Speed has been increased by ~7X Highest and lowest pairs now highlighted using brighter colors Re-ordered pairs from highest to lowest 'flight to risk' rating I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors...