The "Range Force Impulse" indicator combines 4 useful indicators into one, freeing up chart real-estate and giving the trader insight into trend health, bull/bear commitment, range and volatility all at a glance. The indicator consists of the following: Direction - True Range and Average True Range columns shown above and below 0 depending on direction of...
The Schaff Trend Cycle is a method, developed by Doug Schaff and based on the concept that trends also have repeating high and low patterns, or cycles. This is a modified MACD line, run through a modified stochastic algorithm and smoothed with Wilders’ smoothing in order to estimate the final Schaff Trend Cycle (STC) indicator. Its purpose is to identify the...
Simple Renko chart patterns indicator One-Back Pattern Two-Back Pattern
Using Time Frames For Trend – You can also use different time frames to determine trends with stochastic. To do this you will need to use two different time frame charts, I like to use the weekly/daily or daily/hourly combination depending on the asset. Weekly/daily works well with stocks and indices while I prefer the shorter time frame for currency and...
This panel spots divergences of some well knonw indicators. It may be usefull because you have all indicators in one panel only. Also, you can check on chart which indicator gives better results of each pair on stock or index or crypto. TO DO: to add custom indicators. thanks to: RicardoSantos for his script of panel coding Tradingview scripts ...
This panel shows current value and trend of some well knonw indicators. It may be usefull because you have all indicators in one panel only. thanks to: RicardoSantos for his script of panel coding Tradingview scripts Please use comment section for any feedback.
This is a trend indicator at its core so combine with rsi or a moving average of your choice to see which direction the stock is trending in. Only enter a position (long or short) when signal to noise ratio is above the signal line This is one of my first indicators posted on here so be sure to leave me feedback
I was perplexed by the lack of continuation signals in trends, so I spent some time looking for a suitable indicator just for that purpose and fast indicators that can provide continuation signals tend to be too noisy as well. I'm always intrigued by QQE (Qualitative Quantitative Estimation), so I QQE-ed almost everything I encountered. After a while, I settled...
Introduction The trend step indicator family has produced much interest in the community, those indicators showed in certain cases robustness and reactivity. Their ease of use/interpretation is also a major advantage. Although those indicators have a relatively good fit with the input price, they can still be improved by introducing least-squares fitting on...
This is an experimental study which calculates a linear regression channel over a specified period or interval using custom moving average types for its calculations. Linear regression is a linear approach to modeling the relationship between a dependent variable and one or more independent variables. In linear regression, the relationships are modeled using...
EMA is a lagging indicator, but we can do better by correcting it with its first and second derivative, which may be more theoretically sound than how DEMA and TEMA are trying to achieve the same.
Reverse formulated what the closed source version is and releasing open source publicly to give back to the community. If you have any questions feel free to join our Discord!
Introduction Winning trades and gaining profits in trading is not impossible, however having gross profits superior to gross losses is what make trading challenging, it is logical to think that it is better to open a position when the probability of winning the trade is high, such probability can’t be measured with accuracy but a lot of metrics have been...
This is my mod of a wonderful script by alexgrover. See his comprehensive description of the logic behind the script at his page at Added are labels, alerts and selection of periods among (mainly;)) fibo numbers.
Introduction The trend-step indicator (or auto-line) was based on volatility and aimed to spot trends in an adaptive way, however the indicator was only based on volatility and didn't gave much attention to the trend, later on i would publish an efficient version of it (efficient auto-line) based on the efficiency ratio who could adapt to the trend and...
This is an indicator I created recently, with the mind of spotting where price might reverse and where the price is trending. You can see this as the primary indicator for your system, however, it is recommended you use this in conjunction with other confirmation indicators. This script focus solely on ATR or Average True Range. This indicator is the...
This is a scaled version of the Forecast Oscillator, paired with a Point of Force Indicator, my modification of an indicator, whose original name and developer happened to be missing on my notes, so my regards to the author). Point of force is a spot from where price action will dynamically evolve in the same direction or soon reverse and pursue that reversed...