The indicator is based on the RSI and the Absolute Strength Histogram (more specifically the modification by Jie). It is meant to be used to filter out periods of consolidation, and determine if the bulls or bears are in control when there is enough action to possibly start a trend. The RSI is not used to find overbought or oversold conditions, but to find...
The higher the IV value is the longest the price have been close to the EMA and so the trend has been stable or the price is flat It works best on low timeframes, developed on BTCUSD 15m chart The EMA used (100) can be changed and so can the range of price around it where the indicator goes up (1%) Faster and smoother than v1
This indicator will time Breakouts. DMI+ (DMI Plus) = Blue = Buying Pressure. DMI- (DMI Minus) = Pink = Selling Pressure. ADX = Overall strength of a Trend. White = Trend is strong and gaining momentum, Gray = Trend is Weakening. Can apply same logic for Divergences on DMI+ and DMI- lines.
Neru_TrendEvaluator_v1 _____________________ This trend-finder tool is showing you at the bottom of the chart (adjustable), what the current supertrend for the chosen interval is. Used indicators are the Ichimoku Cloud (adjustable settings) and three SMAs (also adjustable). Both have standard settings and are useful for Stocks, Forex and...
Simple yet powerful indicator that is the best way to define the trend that I've ever seen.
This is a pivot indicator that shows the lows and highs of the instrument according to the timeframe you choose to look from. Play with the setting to fit best with your strategy, use this to confirm trend or scalp with other indicators. All props to the Moderator Team that tuned this indicator to work properly.
Introducing A New Calculation For Efficient Bands Calculation ! Here it is ! The Recursive Bands Indicator, an indicator specially created to be extremely efficient, i think you already know that calculation time is extra important in algorithmic trading, and this is the principal motivation for the creation of the proposed indicator. Originally described in my...
Euphoria, fear, and greed are some aspects of emotional chart analysis. Our Emoji indicator makes tracking emotional traders easy and fun in any market. Will you go with the herd or counter trade sentiment? Want to see more Emojis on the chart? Drop us a comment with your request!
Multi MA MTF The moving averages are generally used as dynamic supports and resistances as well as to determine the trend, so if the price is above its average it is called an uptrend and otherwise a downtrend. The crossing of MA if used to confirm a trend and not as a signal because the moving averages react slowly depending on the type of MA and the periods...
Hey bulas and beras, another indicator for help your decision. Ok lets start. PILE OF SIGNAL, i admit the last word of the title was a bad word and changed to avoid permaban ok lol ahah. Description= this indicator use moving averages crosses and volume as decision point, what mean this? simple when a move is coming this indicator will show you the probable...
This is PA Trend Finder Ability to Change Label Color Good to Check Main Trend on Nasdaq
FxCanli_Trend This indicator will help you to show the way of the trend When the candles are; Green Candles - Up Trend Yellow Candles - Trend may Change Red Candles - Down Trend
Stochastic RSI It is generally used to generate signals when crossings are made in overbought or oversold areas, but it is important to take advantage of these signals according to the general trend, in this way we avoid false signals. Overbought doesn't necessarily mean the price will reverse lower, just like oversold doesn't mean the price will reverse...
The SSL indicator with colour change. Tool for spotting trends and finding good entry points. I recommend using it for higher timeframes, from 4h to 1D. Play with the settings, you can change the moving avarage type, its length, if you prefer having the default bar colours in your chart, disable the colouring function in the script. Good luck crypto traders! CryptoJJ
Heikin Ashi charts are similar to candle charts, but the main difference is that a Heikin Ashi chart uses daily price averages to show the movement of the average price of an asset. The idea is to use the heikin Ashi technique as an indicator and not as the main chart, to avoid enter or exist the market too late. Key concepts: - The averaged open and close help...
Bollinger bands are calculated from a moving average, creating two curves that involve the price chart, these bands are defined by a standard deviation generally of value 2 with respect to the moving average. Applications: - They show the volatility of the market, when the bands are compressed, the volatility decreases, when the bands extend, the volatility...
WMX Keltner Channels Keltner Channels enhanced version
Bot built on advanced algo 'under the hood' made very simple for traders to enter/exit trades. Notice how the bot enters short in good time before the drop from 10.2 and stays in the position until a long signal is triggered. The bot is designed to capture trends as well as do reasonably well in ranging conditions, and is a very good compromise for traders...