The Smooth moving average script combo combines the ability to help you create a very simple trend-following strategy or a simple trend-following filter. You are able to select from a large variety of moving averages add Heikin Ashi Candles as a source and also add additional smoothing to every single of the moving averages. The Study is equipped with...
The Smooth moving average script combo combines the ability to help you create a very simple trend-following strategy or a simple trend-following filter. You are able to select from a large variety of moving averages add Heikin Ashi Candles as a source and also add additional smoothing to every single of the moving averages. The Strategy is using the...
Are you tired to edit you EMA indicator to fit the 21-day settings for your timeframe? Now you have it for free! Enjoy!
// TTPro TrendTrackMultiTF is a trend study that shows higher and lower time frame trends onto the one chart. // This indicator is beneficial for intraday or swing trading in so far as enabling you to see instantly if the trend on a lower time frame chart is in sync with the trends on higher time frames.
// TTPro TrendChannel version 14 is our latest non repainting trend and buy-sell signal indicator. It compromises a shaded channel that clearly defines the trend along with a trend line and buy-sell signals. // If candles are within the channel we have a ranging market. Candles above indicate trend is bullish and candles below indicate trend is bearish. More here...
Exponential Moving Average on last 20, 50 and 200 close prices.
Simple Moving Average over 20, 50 and 200 close prices.
Introduction Technical indicators often have parameters settings that the user must enter, those are inconvenient when the user must design a strategy because such settings must be optimized, it must also been noted that the optimal settings at time t could change at time t+n , this is why non parametric indicators are more efficient. Today i propose a moving...
Here's an updated version of our Vortex Trend Tracker indicator. Here's the link to the original if anyone wants to read more about the Vortex or see the first version: We've added in 4 rsi's of varying lengths for this second version(2 fast and 2 slow) that create the background color effect.
Script for filtering out periods when market is not trending. It defines downtrend as following: Lowest price of last 2 days is equal or lower then lowest price of last 100 days. Values 2 and 100 are customizable. Uptrend analogically with highs.
This is a simple script developed to give a quick visual of trend on any given time frame. This is a script that gives signals of trend switches. Can be used to for buying and selling signals. On larger time Frames we use the Aqua and Fuchsia Clouds to express the larger time frame trends. This can be used for long term swing trades especially useful with the...
For thos who prefer Kinjun-Sen from the Ichimoku algo to use as your baseline. Trade safe mnovo
This script is a fork of the Madrid Ribbon, the only difference is that you can color your bars depending on the trend.
After testing your individual indicators, it's time to build up your algo with additional indicators and further backtest the strategy. Using SSL twice here, faster SSL for 1st confirmation, slower SSL for 2nd confirmation and TDFI for volume validation.
After putting the whole system together, sat down to benchmark the various confirmation indicators, shrink it down to backtest individual confirmation indicators. Results for 24 periods way better than 10, then again it's only one pair. :) More details...
TrendSetter RasterChart is an indicator that differentiates between cycling and trending moments, but is also effective at identifying reversal points. The bottom of the chart is most reactive and indicates reversals very well. The upper portion of the chart displays cyclical periods, upward trends, and downward trends in three different colors for tricolor...
Introduction Using conditions in filters is a way to make them adapt to those, i already used this methodology in one of my proposed indicators ARMA which gave a really promising adaptive filter, ARMA tried to have a flat response when dealing with ranging market while following the price when the market where trending or exhibiting volatile movements, the...