Abbreviations: EMA - Exponential Moving Average SMA - Simple Moving Average WMA - Weighted Moving Average VWMA - Volume-Weighted Moving Average TP - TimePeriod (1m,2m,5m,1h....) TP Steps - 1m,3m,12m,1h,5h,D (This steps i use) Use-case: Moving Average Exponential is a good indicator of Support and Resistance Level. Giving us average price level in...
Elder-Ray Bear and Bull Power Dr. Alexander Elder cleverly named his first indicator Elder-Ray because of its function, which is designed to see through the market like an X-ray machine. Developed in 1989, the Elder-Ray indicator can be applied to the chart of any security and helps traders determine the strength of competing groups of bulls and bears by gazing...
This indicator uses a combination of the VWAP, EMA 9 and parts of the MACD in order to detect a bullish or bearish trend. How to trade it: Set SL either below or above the VWAP line (orange) and TP to 1:1.5 ratio (depending on last few candles, of course). If EMA200 is close by then place SL either below or above EMA200 (blue) and TP to 1:1.5 ratio ...
A simple indicator of trend by using 3 EMAs of multiplies of 2, 5 and 10, filtered by standard positive/negative directional movements (DM) which are the base of Average Directional Index (ADX). The "Trend Strength" option is included to set the EMA multipliers and also the variation between DM+ and DM- which interpret the trend as a weak or a strong one. Note...
This is a very simple " the trend is your friend " indicator - if you are consistent! How this indicator works: This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend. UP-TREND: If the price is above the EMA200, the...
This scrip exposes 4 Exponential Moving Average (EMA) indicators which their visibility can be set to a daily or weekly time-frame (aka intervals). Based on your current chart time-frame, the matching EMA indicators come on and off. This helps to have meaningful EMAs relevant to your time internal. In a traditional 10 EMA indicates a plotted indicator would bear...
How this indicator works: This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend. UP-TREND: If the MACD is below 0 and crosses up the signal line, then this is a BUY signal! DOWN-TREND: If the MACD is above 0 and...
20 EMA Daytrading Strategy This strategy creates long and short signals based on a 20 EMA crossing condition. Works well in 4H timeframes or higher. Accuracy is around 60%. BUY When a green candle crosses above 20 EMA Followed by another green candle which closes above the previous candle high SELL When a red candle crosses below 20 EMA Followed...
Allows for 3 SMAs and One EMA, Combined with Buy/Sell Indicator Defaults to following settings: 9 SMA - Red 50 SMA - Blue 180 SMA - White 20 EMA - Yellow Input Values and Colors can be modified Recommend changes to the Style default -uncheck SMA2 -uncheck Buy/Sell Chart Line
Study Name: Elder-Keltner-Impulse-MA Study by STTA English: This indicator shows in a combined way three Keltner Channels with EMA21 and multiplier 1,3,5, the Elder Impulse System and a short EMA 11 to recognize the valuation zone, according to various strategies of Dr. Alexander Elder. This indicator can be applied on all symbols. Inputs: displayed...
Das Script zeigt EMA sowie MA 21, 50 ,100, 200 Es sind alle Farben einstellbar sowie die bereiche zwischen EMA und MA als Zone einfärbbar.
Here's an updated version of the CBG Keltner Channel indicator. 1. Added a new option for painting bars and backgrounds. - Option 5 will paint up bars if the midline moving average is moving up and price is above the control moving average. It will paint down bars if the opposite is true. If neither are true, it will paint a neutral color. The neutral color...
Hello, I'm playing around with EMA and I found combine change value of Price and RSI create interesting Moving Average to combine with EMA Basically I just increase up and down sensitivity with RSI as source. I think it does visualise Bull and Bear momentum better When Price above EMA and and Price above EMARSI and EMARSI above EMA = Strong Bull, vice versa and...
This little script simply gives you a quick visual cue of where price is compared to a particular EMA of another security or underlying index. It is based on Nick Radge's broader market filter weekend trend trader system, but can be applied to other timeframes if you want to confirm if the index is in an up trend or down trend. • Green means the underlying...
Transaction setup parameters Time frame: M5, M15 Currency pair: EUR / USD , GPB / USD Transaction: London, USA Number of orders / day: 10 - 15 orders Trading strategies === BUY === Candles close on the upper Keltner EMA10 crosses the upper Keltner range from below Stop loss in the middle band or up to 12 pips Profit target: 15-25 pips ...
The Instantaneous Trendline was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 24) and this is an updated version of his original Instantaneous Trendline that works much better in my opinion. Buy when the indicator line turns green and sell when it turns red. Let me know what other scripts you would like to see me publish or if you want...
This indicator allows to compare the performance (% change) of a given symbol with the larger market ( AMEX:SPY ) and/or with a custom symbol, which defaults to AMEX:XLK (an ETF tracking technology companies from the S&P 500). The performance for the current symbol is displayed as a blue histogram, while performance for the AMEX:SPY and the custom symbol are...
This indicator is elaborated following the 3 window strategy described by Elder. The fast, slow averages and MACD histogram are taken from a time frame 5 times higher than the active time frame and indicate bullish / bearish trends as well as divergences (bottom) of the hostogram with the price.