Overlays the Average True Range high/low over Price. Shifts between support and resistance levels (based on ATR-21) according to price trend and breaks.
Average true range: en.wikipedia.org
52 Week High / Low Indicator
A simple, unobtrusive indicator that can be used on any timeframe to display the 52 week high/low values.
Works on any timeframe.
Unobtrusive: Simple horizontal lines showing only the current 52 week values.
Allows the user to select whether to calculate the 52-week values from candle close values or the respective...
Updated from V1.
Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of:
-> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay),
-> where 'barsForDay' is the total number bars that have elapsed during...
Really great cumulative volume indicator for turning points. Couldn't believe it hasn't been expanded on much. Thanks to andrejsliepinieks for the original of this one. I will continue to build it out. Have added some tweaks and bar colors. Alert can be set for turning points. Blue is probably the best indicator. Eventually will add this to a weighting system of...
Esse indicador plota na tela do ativo avaliado, pontos de compra e venda baseado em regras de tendência e confirmação por volume. Caso o ativo entre em tendência, o script plota na tela os dizeres "CPM" = Comprar na perda da máxima, ou seja comprar assim que o preço perder a máxima no próximo candle, e "VPM" = Vender na perda da mínima, assim que o preço perder a...
BullTrading PA-MACD contains different algorithms based on price action to calculate and display the popular MACD indicator. It will display more relevant crosses without sacrificing much sensibility (use fractal entries).
The DecisionPoint Price Momentum Oscillator ( PMO ) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool.
PMO can be used in many ways:
- PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the...
Indicator version of designed for use with independent automation solution.
Custom development published for customer verification and acceptance.
If you are interested in development services, please visit the backtest-rookies website or message me to find out more.