Level 1 Background This is a modified version of indicator from Markos Katsanos’ article in the March issue, “Using Relative Strength To Outperform The Market”. Function In “Using Relative Strength To Outperform The Market” in this issue, author Markos Katsanos presents a trading system based on a new relative strength indicator he calls RSMK. The indicator...
Nome: Scalping The Bull (Indicatore) Categoria: Scalping, Trend Following, Mean Reversion. Timeframe: 1M, 5M, 30M, 1D, secondo la conformazione specifica. (follow description in english) Analisi tecnica: l’indicatore supporta le operatività descritte nei video di YouTube del canale “Scalping The Bull”. Di norma si basa su price action e medie mobili...
Fair Use: Please do not take my work and sell it under your own name. This was created to benefit everyone - not one person. Feel free however to use it as part of whatever work you wish to sell (of course i would applaud also giving ideas away for free - your choice though ;) What it is: This is a twist on the stochastic momentum indicator . It combines the...
This is inspired by some online free webinars. Didn't pay for the strategy/ course. I just figured it out myself. So there might be problem with this strategy. Theory: It is based on something called cointegrated. Cointegration means the difference between 2 securities are stable in long term. When the difference is bigger / smaller than normal, then there is...
Style boxes are a classification scheme created by Morningstar. They visually provide a graphical representation of investing categories for equity investments. A style box is a valuable tool for investors to use when determining asset allocation. There are 9 categories: Large Value, Large Blend, Large Growth Medium Value, Medium Blend, Medium Growth Small Value,...
Hello Traders, This is a simple Commodity Channel Index (CCI) indicator with multi-timeframe (MTF) overbought and oversold level. It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily. There are options to select 1-5 timeframes to detect overbought and oversold. Green Background is...
40 period Hull Moving Average with volume markers This indicator puts a 40 period Hull Moving Average in the chart with the additional feature of colored stretches which mark a volume event, i.e. a rize in volume higher than 150% of the recently normal volume, for which the median volume in the previous 10 periods; strategy You can use this indicator in any...
A decay channel that allows multi stage setup for timed events. update to V5: and
A simple way to add up to 5 moving averages with optional crossover/crossunder alerts. Available options for Moving Average Type are: SMA EMA (default) HMA RMA WMA VWMA VWAP ALMA By default, 5 moving averages are enabled and set to the following: MA1 set to 5 MA2 set to 13 MA3 set to 50 MA4 set to 200 MA5 set to 800 Each moving average...
OVERVIEW The Volume Oximeter (VOXI) is a technical indicator that gauges the amount of volume currently present in the market, relative to the historical volume that was present before. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending conditions. CONCEPTS This indicator assumes that trends are more likely to start...
Introduction Wikipedia: A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a...
Level 2 Background Eyman Oscillator Function The Eyman oscillator is also an analytical indicator derived from the moving average principle, which reflects the deviation between the current price and the average price over a period of time. According to the principle of moving average, the price trend can be inferred from the value of OSC. If it is far from...
// How it Works \\ This script calculates the open and close prices of Heikin Ashi candles across multiple timeframes, If the candle formed on that timeframe is green it will display in the table a green square, If the candle is red, the square will display red. // Settings \\ You can change the colours of the plots You can also Change any of the timeframes...
Based on the Elder Force Index (EFI) indicator, the Viral Force Index (VFI) attempts to normalize the original indicator by plotting EFI on the interval ]-100, 100 [. VFI comes with a bar coloring feature, allowing users to get an idea of the current value of the indicator without having to look away from the chart. Additionally, the linear regression line...
This '4C Daily Levels Suite + Premarket High/Low' indicator is a clean way to automatically plot important daily levels including: Prior Day High Prior Day Low Prior Day Close 50% level between Prior High/Low Today's Open Today's Premarket Low+High This Daily Levels indicator is unique in its ability to: -Plot all of the daily level PLUS premarket high/low...
This is a script based on the original TMA- RSI Divergence indicator by PhoenixBinary. The Phoenix Binary community and the TMA community built this version to be public code for the community for further use and revision after the reported passing of Phoenix Binary (The community extends our condolences to Phoenix's family. The intended uses are the same as the...
Publishing a strategy that includes adx and ema filter as well Entry: all three Supertrend turns positive. If a filter of ADX and EMA is applied, also check if ADX is above the selected level and close is above EMA Exit: when the first supertrend turns negative opposite for short entries A FIlter is given to take or avoid re-enter on the same side. For example,...
The main purpose of the indicator is to make a future price estimation based on the highest dollar-based price of the stock in the past, especially for stocks that exceed their past prices in chart currency terms. There should be no expectation that this prediction will necessarily come true. A table with six columns and 19 rows (excluding the header) is created...