Level: 1 Background The MACD is a superior derivative of moving average crossovers and was developed by Gerald Appel in 1979 as a market timing tool. MACD uses two exponential moving averages with different bar periods, which are then subtracted to form what Mr. Appel calls the Fast Line. A 9-period moving average of the fast line creates the slow...
This is a custom Algorithm that is highly adjustable for how aggressive you want the signals to be. This script incorporates moving averages, volume, money flow, and trend reversal prediction. I have included a very smooth trend line that is color coated for the trend. Each toggle allows you to add more restrictions to the buy and sell signals to be more...
This is the Beta release of the Momentum Reversal Indicator (MRI), expect an update by the end of year. The Momentum Reversal Indicator (MRI) is an advanced script for professional traders who have taken the time to learn all its functions. It is a time based indicator that anticipates the ending of trends based on the momentum in price movement. As an...
This simple script uses 4 rules from Ichimoku Cloud indicator to marks position entry points. The idea is that by entering a long position just when these 4 criteria are met, you can capture a 2-3% plus move within the next few days: 1. The conversion line is above the base line 2. The price is above the clouds 3. The lagging span is above the clouds 4. The...
In a nutshell I was tired of guestimating what my risk was between pivots when getting into trades I went to work on the basic math behind the relationship of the pivots to find their natural risk to reward ratios. The natural risk to rewards span high and low...for example...you can go from the S3 --> R3 and that R:R is with a stop loss of the S4 is 7.4 But...
Level: 1 Background The Relative Strength Index (RSI) is a technical indicator for analyzing financial markets. It is intended to represent the current and historical strength or weakness of a trading pair or a market based on the closing prices of a last trading period. Function L1 Composite RSI Trend Oscillator utilizes candles to indicate trend. E.g....
Level: 2 Background The KDJ oscillator display consists of 3 lines (K, D and J - hence the name of the display) and 2 levels. K and D are the same lines you see when using the stochastic oscillator. The J line in turn represents the deviation of the D value from the K value. The convergence of these lines indicates new trading opportunities. Just like the...
RSI with Self-Adjusting Linear Regression Bands (Expo) makes use of RSI and Linear Regression to create an RSI that follows the current trend. The indicator has an upper and lower self-adjusting Linear Regression Band that act as RSI boundaries. HOW TO USE The indicator can be used in multiple ways, for instance, to find overbought and oversold areas. Or to...
A simple VWAP and SMA smoothing on the candles along with some momentum coloring. Basically, if the "slider" is slid all the way up and it turns red, moving down or losing volume t's probably going down. If it's all the way down and starts turning green, getting bigger and seeing volume, it's probably going up. this is a prototype indicator that I plan to extend...
This is a linear trend indicator that can: - automagically adjust to different chart resolutions - snap to day/session boundaries on intraday - totally not do the above and use ye olde good fixed lookback window - show the regression trend and its RMSE channels - disregard the trend and just show the period average and standard deviation lines (often acting as...
Hello. This is 3Captain's Tirano The more you see, the easier it is to buy and sell! It is intended for those who enjoy real-time trading while monitoring charts. The usage is very simple. You can buy at the bottom of the channel when the slope of the channel goes up. If you want a bit of an aggressive buy, you can buy in the green area. You can use the red...
Trend analysis, This is ridge model that take in past data from the nearest certain number of candles then predict the next trend by an algorithm. This model can tell you the trend of short - mid - long of any stock - crypto - forex using ridge regression with a pre-tuned alpha value. This script is best for Penny Stock, Big Cap, Crypto. It is generally based on...
This info panel will give a brief overview of the market that is closely related to the price of Crude Palm Oil Futures (FCPO) that traded on Bursa Malaysia Derivatives (BMD). Among the markets that are closely related to the FCPO price movement are: 1. USDMYR 2. Crude Oil 3. Soy Oil 4. Export and Production data of palm oil from Malaysian Palm Oil Board...
™TradeChartist Fib Master is a versatile Fibonacci Support and Resistance indicator that can be used to plot Automatic Levels and Fibonacci Levels based on a variety of ways from the settings, including Auto Fibs plot by connecting to an external...
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the best and most effective patterns and ignore the noise. The Tweezer pattern is a simple and effective...
A Moving Average Ribbon consisting of MAs popularized by Steve Burns on Twitter. Features 5ema, 10ema, 20ema, 50sma, 100sma, 200sma and 250sma