The 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given...
based on storwize's EMA/SMA script. Added a forecasting for the where the EMAs/SMAs will be in the next bar assuming a close where it currently is.
Japanese below / 日本語説明は下記 This indicator shows 3 sets of MA(Moving Average) and perfect order alert. What is Perfect Order? Perfect order means that multiple MA(s) are in ascending order from short term MA to long term MA in upward trend and in descending order from long term MA to short term MA. e.g. Let’s say you set 3 MA like; MA1(short term): 5MA MA2(mid...
This is an indicator that includes several EMAs and MAs (Used in Cryptotrading). In addition, the Golden and Death Cross are also displayed. Used MAs MA 7 - Orange Line MA 21 - Yellow Line MA 25 - Grey Line MA 99 - Blue Line MA 200 - Green Line Used EMAs EMA 200 - Grey Dotted Line EMA 222 - Pink Dotted Line Golden Cross Crossover MA25...
This indicator is a momentum indicator that is standardized by price. A.K.A (momentum / price) The purpose of this indicator is to compare momentum between different assets regardless of price. EX: Bitcoin will always have more momentum than XLE because it's price is $19000 (as of writing this) compared to XLE's price of $40 (as of writing this). But if you...
Calcuating SMA on an Array In this script i show you how to calculate SMA on an array. Several values are plotted just for illustration. Steps to follow: - make sure you have an array with values (source array) - create a blank array (pref. with the same size) - call the function array_sma This function fills the empty array with the SMA values of the source array.
So far the most widely used moving average with an adjustable weighting function is the Arnaud Legoux moving average (ALMA), who uses a Gaussian function as weighting function. Adjustable weighting functions are useful since they allow us to control characteristics of the moving average such as lag and smoothness. The following moving average has a simple...
Hello Everyone. I make Bollinger band , 3 ema and 3 sma combined. I think this indicator can use all timeframe. -------------------------------------------------------------- Indicator will show you 1. Trend follow 2. Pullback catch 2. Market bounce. 1. Trend Follow - Trend Follow for I used 3 terms. They are short, Mid and Long Trend. 2. Pullback Catch - EMA...
With this you can add four different EMA in single indicator. You can also add different time frame EMA on different time frame charts. This will help you to check EMA crossovers.
PIP RAID is another form of a macd Most indicator use close as their primary source which is good but side effect of it is the lag in 1-2 candles I created in the past the VPT indicator which is a volume indicator similar to OBV and I tranform it to be ised as a source insted of close . the reason for it since it a volume based indicator it faster and can help in...
this script is a combination of 3SMA"s of 20 period. it works very good in low time frame, the breakout candle will confirm the trade n also sl Will be sMall.
Demonstration of a new feature that allows to change lookback period dynamically, used with WMAs. Rather than WMA any one can be used here (SMA, Alma,...) as long as its second argument supports dynamic change. If not, you have to use your own implementation of MA.
The MA cross is probably one of my favourite strategies because of its simplicity but it often gets overlooked for more complex strategies. The original author of this script is ChartArt, I have just added some extra controls and functions which are outlined below. I would just like to add that this is my first published script, everything I have learned about...
Main features of this script are: * To show always highest and lowest value from given Moving Averages of certain intervals (30min, 1h, 2h, 4h. 6h, 12h, 1D, 3D, 1W to choose from, multiple choices are possible and desired). * It also draws the middle line made of highest and lowest MA lines. * If you would like to see all the MAs to see how its working you can...
A simple VWAP and SMA smoothing on the candles along with some momentum coloring. Basically, if the "slider" is slid all the way up and it turns red, moving down or losing volume t's probably going down. If it's all the way down and starts turning green, getting bigger and seeing volume, it's probably going up. this is a prototype indicator that I plan to extend...
This is my version of an RSI. Basically treat it the same way, but needless to say there's a few more things going into it than just the closing price. The color of the line is based on my HAMA JAMMA indicator so they could be used in conjunction to help pick potential trend reversals in either direction, overbought and oversold levels will turn the line...
So you may be looking at the graph and thinking "this is a mess", and I agree. The purpose of this script is to plot in the same graph every single type of moving average that I could think of, so you can find the ones that are better for your timeframe and for your asset. Once you add it, disable those types that doesn't seem to serve your purpose, until you...