I am proposing an alternative to the percent change.
An alternative that is symmetrical to both positive and negative change, unlike percentage change.
The simple idea is to have a positive number if the reference value (called val in the script) is lower than the stock value and needs to be multiplied;
a negative number instead if the reference number is...
Magic of first four 15 min candle H/L with FIBO !!
For Gainers :
Stocks Trading above 38.2 % are expected to touch Day's High.
Stocks Trading above 23.6 % are expected to make a new intraday High. (Tgt1 = 138.2%, Tgt2 = 161.8%).
MPT is a unique custom indicator i created to enter a trade with the right timing
This indicator catches the momentum of a Forex pair and tells you when to enter
It's based on the idea that when the median price in the current timeframe is crossing the median price of the higher timeframe, the momentum is changing and that is an opportunity to trade
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.
This script can spot the candle to exit a trade
it works only on 1d timeframe
Do not trade the signal, just use it to exit the trade in profit (it's not a reversal signal)
NO REPAINT - it' based on current candle close
You can try it for a limited period, ask for access in comments
Индикатор X-lines давно известен для пользователей торговой платформы Metatrader 4 & 5. Он показывает интересные рынку цены (уровни поддержки и сопротивления). Индикатор работает без опоздания и как только бар будет закрыт по интересующей рынок цене, тут же над ним появится символ "X" и начнется прорисовка уровня до следующего важного значения . Уровни (цены)...
General info and acknowledgements
Date of publishing: 20th of july 2017
This script is based upon Davinci's dav-o meter and his original script, which searches for W's and M's in price, OBV, RSI and/or Willy.
Although the original script is elegant, a W or M has to occur within 5 bars.
However, often what you will see is...
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).
Given enough time, market tends to oscillate around the true price. The true price slope gives information about the long term trend. Ro True Price lights red when the trend is down, green for up. If the color is blue market is in a decision period. For intraday lower the precission value to make signal sensitive to short term action.
Very simple indicator showing stock price's low / high range swing of the bars for of selected time interval.
Helps determine trading range of the stock price.
Depending on the price movement direction during interval bars on the graph changing colors
Also shows averaged price range line.
Price Estimator with aggregated linear regresion
How it works:
It uses 6 linear regression from time past to get an estimated point in future time, and using transparency, those areas that are move "visited" by those 6 different regressions and maybe more probable to be visited by the...