Time and Money Chart Channel

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TAM channels, introduced by Stuart Belknap, is part of his TAM charts setup.

These bands use SMA as the basis. 3 lines above and below paralleling the centerline (basis) represent one, two and three sigmas of the actual data points from the mean centerline.

More info:

http://www.traders.com/Documentation/FEE...

Stuart prefers display of volatility sigma and SMI ( Stoch Momentum) along with the price grid. I will post his entire setup in a followup post,

Tom Demark Pressure Ratio

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As explained by Tom Demark:

>>

>> TD Pressure is an indicator, shown as an oscillator, with more precision and consistency than

>> Money Flow and On-Balance Volume . It allows you to determine the critical buying and selling

>> levels so that you can enhance profitability with better trade location

>>

75 and 25 are the usual overbough/oversold levels.

More info:

ftp:// ftp .aspenres.com/documentation/ DeMark . pdf

------------------------------------------------------

TAM channels, introduced by Stuart Belknap, is part of his TAM charts setup.

These bands use SMA as the basis. 3 lines above and below paralleling the centerline (basis) represent one, two and three sigmas of the actual data points from the mean centerline.

More info:

http://www.traders.com/Documentation/FEE...

Stuart prefers display of volatility sigma and SMI ( Stoch Momentum) along with the price grid. I will post his entire setup in a followup post,

Tom Demark Pressure Ratio

-----------------------------------------------------

As explained by Tom Demark:

>>

>> TD Pressure is an indicator, shown as an oscillator, with more precision and consistency than

>> Money Flow and On-Balance Volume . It allows you to determine the critical buying and selling

>> levels so that you can enhance profitability with better trade location

>>

75 and 25 are the usual overbough/oversold levels.

More info:

ftp:// ftp .aspenres.com/documentation/ DeMark . pdf

List of my free indicators: http://bit.ly/1LQaPK8

List of my indicators at Appstore: http://blog.tradingview.com/?p=970

List of my indicators at Appstore: http://blog.tradingview.com/?p=970

// // @author LazyBear // // If you use this code in its original/modified form, do drop me a note. // study("Time and Money Chart Channel [LazyBear]", shorttitle="TAMC_LB",overlay=true) length = input(41) showPriceTracker=input(false, type=bool) prev(s, x) => y=abs(round(x)) s[y] halfLength = floor( length /2 ) basis = sma( close, length ) plot( basis, title="Minor term avg", color=maroon, style=3 ) yom = 100 * ( close - prev( basis, halfLength ))/prev( basis, halfLength ) avyom = sma( yom, 2 * length ) varyom = sma( yom * yom, 2 * length ) - avyom * avyom som = prev( sqrt( varyom ), halfLength ) sigom = sma( som, length ) plot( basis * ( 1 + 0.01 * sigom ), title="Ch+1", color=red, trackprice=showPriceTracker ) plot( basis * ( 1 - 0.01 * sigom ), title="Ch-1", color=green, trackprice=showPriceTracker ) plot( basis * ( 1 + 0.02 * sigom ), title="Ch+2", color=red, trackprice=showPriceTracker ) plot( basis * ( 1 - 0.02 * sigom ), title="Ch-2", color=green, trackprice=showPriceTracker ) plot( basis * ( 1 + 0.03 * sigom ), title="Ch+3", color=red, trackprice=showPriceTracker ) plot( basis * ( 1 - 0.03 * sigom ), title="Ch-3", color=green, trackprice=showPriceTracker )