VWAP Alerts signal over bought/over sold conditions, relative to volume weighted average price, while deviation bands plot an extremely accurate point of mean reversion. VWAP Alerts V3 includes multiple timeframe selection, along with multiplier input for deviation band setting Alerts can be set for each individual band, for extreme oversold/overbought...
Introducing the Robust Channel indicator. This indicator is based on a remarkable property of robust statistics , namely, the resistance to the presence of data points that deviate significantly from the established trend (generally speaking, outliers ). Being outlier-resistant, the Robust Channel indicator “remembers” a pre-existing trend and thus exhibits...
This is an experimental study designed to forecast the range of price movement from a specified starting point using a Monte Carlo simulation. Monte Carlo experiments are a broad class of computational algorithms that utilize random sampling to derive real world numerical results. These types of algorithms have a number of applications in numerous fields of study...
This is MACD indicator on the price chart. You can read the same information as the original MACD but much more. You can use it the same way as MACD but it won't use any space below your chart. Also you can use signal line and cloud as trend confirmation: e.g. if above them it can be a stronger uptrend. The signal line (yellow by default) can be used as a...
Extending the Works of Torben Mogensen, on Torben Median Median Filtering is an important technique ! The median filter is a non-linear digital filtering technique, often used to remove noise from an image or signal. Such noise reduction is a typical pre-processing step to improve the results of later processing (for example, edge detection on an image). Median...
This script uses the close of the VIX on a daily resolution to provide the 'implied move' for the E-mini SP500 futures. While it can be applied to any equity index, it's crucial to know that the VIX is calculated using SPX options, and may not reflect the implied volatility of other indices. The user can adjust the length of the moving average used to calculate...
Arnaud Legoux Moving Average With ATR Bands to get an idea of the volatility.
So, Dear Friends, I am open-sourcing one of my scripts which I created as a thesis project, The Auto Trader System is a Scalping Tool , to be used mostly in intraday Setups!! and is designed using, 1. Fibonacci Bands Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback), The...
Acceleration Bands Description: Acceleration Bands serve as a trading envelope that factor in an assets typical volatility over standard settings of 20 or 80 bars. They can be used across any time period, though traders prefer to use them most across weekly and monthly timeframes as breakout indicators outside these bands. Using the shorter time frames can...
It has happened to everybody. You enter the market, the position gets a stop loss, then later the market goes in the direction you originally planned. Worse yet - you enter a position, the market goes in your favor, gets near the target, and then it reverses and you get stopped. We brazilians call this a "violinado", or getting violinated. It happens either...
This indicator is a compliment to Exponential Deviation Bands . It is the difference between the upper and the lower bands divided by the middle band. It is an easy way to visualize consolidation before price movements or periods of higher volatility. How it works During a period of high volatility, the distance between the two bands will widen and Exponential...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Abstract This script computes moving averages which the weighting of the recent quarter takes up about a half weight. This script also provides their upper bands and lower bands. You can apply moving average or band strategies with this script. Introduction Moving average is a popular indicator which can eliminate market noise and observe trend. There are several...
This is an experimental study designed to reverse engineer price levels from centered oscillators at user defined sample rates. This study aims to educate users on the process of oscillator reverse engineering, and to give users an alternative perspective on some of the most commonly used oscillators in the trading game. Reverse engineering price levels from an...
The bars are colored according to the volume traded. The volume weights were distributed logically for a better analysis. <0.666 low volume 0.666 to 1.333 median volume 1,333 to 2,666 high volume > 2,666 'institutional' volume The moving average bands are the average of the highs and lows. They show a region of interest and not just a 'line'.
- Ultimate VWAP Bands is a script that helps to decide and further clarify areas of oversold and overbought conditions. - For example, when the price is in the lowest band it is extremely oversold relative to the VWAP . Hence it should be considered a good place to buy with a high risk to reward payoff. - Each band is set at a fixed offset away from the VWAP ....
It is an index that looks like the final evolution by weighting the Bollinger band with exponential smoothing and volume. The base Line is my EvMA as volume weighted EMA, so it is quite responsive. The standard deviation is also exponentially smoothed, and the reaction is too good to handle, so it is further smoothed by EMA. Charts without volume are not weighted...
100/200 EMAs, along with Keltner Bands based off them. Colors correspond to actions you should be ready to take in the area. Use to set macro mindset. Uses the security function to display only the 1D values. Red= Bad Orange = Not as Bad, but still Bad. Yellow = Warning, might also be Bad. Purple = Dip a toe in. Blue = Give it a shot but have a little...