An aggressive scalping indicator designed for short timeframes.
Made up of:
- The 21 and 55 EMA, but these are customisable to be any length and either the: ema, sma, tema, hma or wma
- The TD sequential
- Support & resistance zones which are indicated by red and green shaded horizontal areas
The TD numbers 8 and 9 signal a possible turning point, especially if...
A Simple indicator combining
4 popular simple moving averages; (8, 21,55, 200)
A tweaked Parabolic SAR which is indicated by a series of dots starting near previous support & resistance points
Support & resistance points which are indicated by red and green horizontal lines
A simplified version of the TD sequential. Only including the countdown phase...
Hello ladies and gentlemen
I'm back in my (almost daily) publishing challenge - to educate/show pinescript not commonly known tips
↑ Trend Direction ↓
Remember that script ?
I often use it to detect higher highs or lower lows. When an oblique/diagonal breaks, it indicates that a trend may move in the opposite direction.
Combining this along with other...
Based on ChrisMoody CM_Williams_VIX_Fix and Glaz Matrix Series
I have difficault to enter exit trades and this is one of indicators that is helping me to get in/out in time
Applied changes are Vix multiplied by 10 to match scale and is made transparent not to confuse to much.
Once a 9 count has been reached the trend(up or down) is exhausted and indicates when to open a long or short position fairly accurately. (i find it most accurate on 1hr candles but you can backtest other candle durations to find more/other accurate candle stick times....