I build these indicators for myself and provide them as it is to improve upon, as I believe the best way to learn is together. Please do not forget to leave me public feedback about this indicator so that others can also benefit from your reviews. This indicator is also used to send an auto signal to my Telegram Channel that can be found from my profile.
WPO – Wave Period Oscillator
A Time Cycle Oscillator – Published on IFTA Journal 2018 by Akram El Sherbini (pages 68-77)
(http:www.ftaa.org.hk/Files/2018130101754DGQ1JB2OUG. pdf )
Bullish signals are generated when WPO crosses over 0
Bearish signals are generated when WPO crosses under 0
OverBought level is 2
OverSold level is -2
ExtremeOB level is...
Indicator by Noro
The Price Channel indicator is used.
Used OHLC4 to calculate the values of the Price Channel indicator.
Red lines are drawn from the lower boundary of the price channel.
Lime lines are drawn from the upper boundary of the price channel.
You need to use market stop orders.
If the price is higher than the lime line, open the long...
One of the most powerful indicator based and divergence strategies i have ever seen was made by Constance Brown.
The Composite Index:
The best way to think of the Composite Index as it applies to the RSI is to think of the RSI as Windows 3.0 and the Composite Index as Windows 10. Constance Brown discovered that the RSI, while it does create and detect...
So i Took the script of Alex grover of T STEP LSMA , add VPT instead of close so it would buy and sell 1 candle before the original script
RSI STEP trend for the buy point just to remove stupid buy points
Who doesn't like smooth things? I'd like a smooth market price for christmas! But i can't get it, instead its so noisy...so you apply a filter to smooth it, such filters are called low-pass filters, they smooth and its great but they have lag, so nobody really use them, but they are pretty to look at.
Its on a childish note that i will introduce...
Strategy based on longing resistance breakout and shorting support breakout.
It defines highs and lows using fractal with 2 bars for confirming high/lows. So it has 2 bars lag.
It calculates the difference between sma with defined length (21 by default) of highs and of lows and uses it as alt SR level. This idea I took from synapticEx's indicator...
I will open source my scripts, so everyone can use them and update.
In this RSI Divergence script I added Hidden Divergence (beta) as well.
This script will show you:
Bullish Divergence (green triangle)
Hidden Bullish Divergence (green circle)
Bearish Divergence (red triangle)
Hidden Bearish Divergence (red circle)
You can set the...
Center of Gravity OSCILLATOR by JOHN EHLERS
Converted the original code from his book "Cybernetic Analysis for Stocks and Futures"
This article describes a new oscillator that is unique because it is both smoothed
and has essentially zero lag. The smoothing enables clear identification of turning
points and the zero lag aspect enables action to be taken early in...
Easy script that give you to find low points in much more effective way ,so it very good to find entry
exit can be by fibs , pivot or take profit system etc
but the hardest thing in a trade is to locate where the low is found
so using this special rsi +mtf system of no repaint it more easy to detect it
I just updated Easy indicator to make it little more advance
add (SAR,Zigzag,Supertrend etc)
very important that when you set the info panel make sure its in correct position , so here in btc 4 hour chart I put 10500
for other tf or assets this you need to fix by your own. so lets say you load xrp then put a number like 0.3 and try to see if it fit.
the buy and...
Lines are the most widely used figures in technical analysis, this is due to the linear trends that some securities posses (daily log SP500 for example), support and resistances are also responsible for the uses of lines, basically linear support and resistances are made with the assumption that the line connecting two local maximas or minimas will...
so I cross the Bollinger with the zigzag by request of someone who ask it
it seems nice as they fit quite well
best buy option is when zigzag change direction bellow Bollinger low =dark line
and sell above Bollinger high and change direction
the high and low are point of Bollinger high and low
you can make the Bollinger as MTF
Although many will use lines in order to make support and resistances, others might use curves, this is logical since trends are not always linear. Therefore it was also important to take this into consideration, and when i published the price-line channel indicator, i already started a curved version of it. Therefore i propose this new indicator...
All indicators used on the Technical Analysis Summary from TradingView, composed with oscillators and moving averages. Sell and strong sell will represent more indicators showing sell signals. Buy and strong buy will represent more indicators showing buy signals. A white bar will show neutral signal (don't trade). This can be good for binary options or scalping on...