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...
Dear Followers, today a new Scalper Tool , which works great on 3 minutes and 5 minutes timeframes , but also down to 1m and up to 30m! I called it " Super RSI ", as it is based on RSI and inherits some basic functionality from it. If you check its settings, you will see that you can have 3 different buy-sell sources (first two are active by default): ...
RSI - Improved RSI - RSI color depends on its values - Candlestick same as RSI values
Hello traders I. SCRIPTS ACCESS AND TRIALS 1. For the trial request access, they have to be done through my website . 2. My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here : Daveatt Due to the new scripts publishing house rules, I...
TDI - Calculate strength and market direction by analyzing relative strength - Ribbon mode, according to the TDI conditions - Candlestick same as TDI Ribbon colors - 6 colors to define market strength
MACD - Enhanced MACD - Shows the MACD in a simple way, to facilitate its analysis - Histogram mode and Normal mode - MACD color depends on its values - Candlestick same as MACD colors - Calculate the MACD with EMA or SMA - Allow to use the RSI Source for calculations - Log chart option
Pro Ribbon Multi MA - A simple way to see the movements of several MA - Ribbon of many types of MA: sma , ema , dema , smma , hull, etc - Trend Color - Custom Period of 10 MA
HL Channel - The channel shows the trend based on highs and lows, and possible points of take profit and exists - Trend Indicator for Long and Short entries - It can be used as a trend indicator or as a trailing stop loss - Long and Short Labels and Alerts - Configurable in Periods and Simple Mode Simple Mode:
Simple Trend - Show levels to continue on Trend - Trend Indicator for Long and Short entries - It can be used as a trend indicator or as a trailing stop loss - Long and Short Labels and Alerts - Configurable in Periods and the type of MA for the calculation
Trend Zone - Shows the risk areas to continue in a trend - Trend Indicator for Long and Short entries - It can be used as a trend indicator or as a trailing stop loss - Long and Short Labels and Alerts - Configurable in Periods and the type of MA for the calculation
Trend Pro - Trend Indicator for Long and Short entries - It can be used as a trend indicator or as a trailing stop loss - Long and Short Labels and Alerts - Configurable in volatility values and periods
A swiss army knife type script, lots of indicators etc, good for crypto markets. This is the strategy for the study that can be found here. PM for source code :) happy trading xo
When I started trading cryptocurrency, I lost money because I didn't take the fees enough into account. Therefore I created my own indicator to quicqly see the break-even selling price of the selling price if I want a predifined profit level. 2 lines are added to the graph. These lines move together with the current price. - One line indicating the break-even...
One script with 80% Win Rate, applicable for 15m time period, more filters added to remove false signal.
Maximize the profit with just one script
Works great as a Bonfire LITE and even better in combination. I've been using it to confirm charts by hiding it and showing it to see if I'm dialed in. Lots of uses.. GUIDE COMING SOON and will be available with the Bonfire at no cost.
Helps those are using Basic Account / limited indicators by Will Fraga @traderzonebr