A different approach to SuperTrend: adding 100 periods Exponential Moving Average in calculation of SuperTrend and also 0.5 ATR Multiplier to have a clear view of the ongoing trend and also provides significant Supports and Resistances. Default Moving Average type set as EMA (Exponential Moving Average) but users can choose from 11 different Moving Average...
1st it exactly looks like the original Supertrend indicator. But if you see the options, you can see it is totally different: It uses my other indicator inside: Zero Lag Keltner Channels, so you can use smoothed ATR bands for calculation instead of the raw ATR. By default it's length is 1 so it works like the original Supertrend. You can choose different...
This is an indicator finds end points of short term market trends. this is a combination of many indicators such as 1. Volume change oscillator 2. Money flow index (MFI) 3. Momentum Oscillator (MOM) 4. Stochastic Indicator 6. Relative Strength Indicator (RSI) 7. Relative volatility index (RVI) 8. Balance of power (BOP) 9. Small moving average (SMA) 10....
This is the second batch of 40 BIST Stocks, following up the first_40
This indicator was brought by Kıvanç Özbilgiç. I only modified it to search for 40 stocks on BIST. The other stocks are listed as Second_40, Third_40 and Fourth_40.
It is combination of Built in Super trend and Adx with take profit uptrend is considered when +dmi is above -dmi and +dmi is above 25 and adx is above 25 and supertrend gives Buy downtrend is considered when -dmi is above +dmi and -dmi is above 25 and adx is above 25 and supertrend give sell use fibo for target by taking as previous swing high and swing low...
The Basics The indicator is visible on the chart as circles above and below the bar. It will trigger an alert when the current price goes below, the low of the previous candle. Or an alert when current price goes above, the high of the previous candle. The indicator can be used as a trailing stoploss for (DCA/ TV) bots. The distance between the circles...
Supertrend Oscillator w/ Moving Averages Supertrend Oscillator with configurable inputs for either standard or moving average inputs Features -Includes the folowing moving averages ALMA DEMA DONCHIAN EDSMA EMA FRAMA HMA INSTANT JMA KAMA Kijun v2 LSMA MAMA McGinley MF RMA SMA SSMA T3 TEMA TRIMA VWMA WM ZLEMA -Baseline filtering internal to indicator -Has logic...
This indicator is the upgrated version of "GREEN MILE by Onur". Indicator shows fibonacci buying + selling levels due to the past 3500 (adjustable and 1500 by default) candles. Prices in the dark green area is a strong buying signal. Prices in the dark red areas is strong selling signal Decreasing period value makes indicator effective from long term to short...
The Supertrend w/ HMA Averages Indicator is a trend following indicator which is based on the concept of using the ATR as a basis for identifying trend direction. It is a modification of the classic Supertrend Indicator, which instead of plotting a line based on price action, it plots a line based on a short-term moving average line. This indicator is preset to...
This is a supertrend with slight twisted concept which can be very benefecial in strong trending markets to reduce stop loss distance and exit slightly quicker. ⬜ Concept ▶ When the instrument is trending up, regular ATR shows high values if there are big green candles. This affect the stoploss distance in regular supertrend which leads to wide stops or delayed...
Version 1 (releasing new updates every 2 weeks The Sonarlab Liquid Script included a lot of indicators at once, so you have all the tools you need in hand reach. Features: 01_ Revision Band (Reversal Cloud) The reversal cloud can be used for many options. These zones can be great areas to take profit or find early entries to use alongside the confirmation or...
Many a times, we have seen that the price closing in towards supertrend reverses. This indicator gives signal that identifies high / low of any candle if near the down / up supertrend line by a defined margin using arrow signals. I've simply re-used readily available supertrend indicator source code and just modified it to these signals. So, almost all of the...
This script indicates the Buy and Sell positions on your chart. In addition, it shows entry price , stop loss and possible targets on the chart. The same information are shown in a table where you can find the position type (long/short) in green and red color, entry point, stop-loss (always in red) and targets. The targets are defined by Risk to Reward...
A screener for multiple indicators with nice table output. I was asked many times to update custom screener to display results in a table form. This way it looks much better. You can play with background colors depend on values you're looking for. In the screener, for example, I'm highlighting overbought/oversold RSI values, big ADX levels and trend of the...
Similar to SuperTrend+ which allows for confirmation bars. Differences: Limited to SMA calculation of average true range. Can filter outlier volatility. Can apply a standard deviation to the ATR value.
Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position. Conditions used: ...