This is a Moving Averages pack with 5 lines. This indicator is different from others because with it you can select the MA type used in calculations for each line. Available MA types are (currently): SMA EMA WMA VWMA RMA HMA Also configurable (for each line) are data source (open, close, hlc3, etc) and period.
This is a breakout system that has pivot swing lines and a trailing stop built in. Many people try to use different ways to find out what a swing point is such as, zig zags, lookbacks, fractals, hand-drawn chart lines, or other subjective indicators. This looks at the heiken ashi price to objectively find the swing pivots. Many would agree that the color changes...
The average of 34 periods I observe as a mobile S/R, but I usually observe it more when it is in strong trend, and the average of 72 and 89 as trend dictators, if the asset is above them = Bullish , below = Bearish , and the 144 average as the last moving S/R, and also as an S/R even stronger than all other MAs and when the asset loses that average, I see it as...
This indicator will show the swing high and lows for the number of bars back. It's very easy to use and shows good support and resistance levels. I then took it a step further and added a moving average with all the standard types in my indicators: SMA EMA Weighted Hull Symmetrical Volume Weighted Wilder Linear Regression I then added Bollinger Bands to show...
Uses a linear regression of averages to paint bars. Average types include SMA, EMA, Weighted, Hull, Symmetrical, Volume Weighted, Wilder, and Linear Regression.
Keltner Channel with the following Moving Average types: SMA, EMA, Weighted, Hull, Symmetrical, Volume Weighted, Wilder and Linear Regression. Plus 2 bands with full color shading. The picture shows the Keltner channels with the Wilder MA, my favorite. See how easy it would have been to stay in the move down? Excellent indicator.
The latest version of my multiple moving averages. Now includes up to 14 moving averge lines plus a separate slow and fast moving average that can be assigned a different MA type. In the screen shot is the fast/slow set to Hull with 15/50 periods. It is overlaid on top of my Key Numbers indicator. 7 moving averages in 1 indicator, including the Hull Moving...
This is a breakout signal script based on reverse engineering of RSI. It shows a channel of overbought and oversold readings that the trader can sett in settings. When low crosses under lower line it shows bullish signal and when high is crossing upper line it shows a bearish signal. The script also has wilder's moving average as filter instead of high/low. Good...
Atualização do SETUP do saudoso Professor Alexandre Fernandes "Palex" - Bandas de Bolliger (Standard) = *Banda Superior = Média Móvel Simples (20 dias) + (2 x Desvio Padrão de 20 dias) *Banda Inferior = Média Móvel Simples (20 dias) – (2 x Desvio Padrão de 20 dias) - EMA 9 (Média Móvel Exponencial) - SMA 21 (Média Móvel Simples) - SMA 200 (Média Móvel...
Introduction As you know the Relative Strength Index (RSI) was originally developed by J. Welles Wilder and was described in his book "New Concepts in Technical Trading Systems" (1978). It is intended to measure the strength or weakness of an instrument for the specified period. The most basic strategy is to use the crossovers as trade signals: when RSI ...
Welles Wilder (delta phenomenon) a 4-day rotation indicator PVAC is the acronym Alan uses for a four-day rotation cycle. The cycle itself is circularly continuous every days of the week, forever, including every holiday. Thus if, for instance, Monday was a P, Tuesday is V, Wednesday is A, Thursday is C. At this point the cycle repeats, with Friday being P,...
The Commodity Selection Index ("CSI") is a momentum indicator. It was developed by Welles Wilder and is presented in his book New Concepts in Technical Trading Systems. The name of the index reflects its primary purpose. That is, to help select commodities suitable for short-term trading. A high CSI rating indicates that the commodity has strong trending...
This is a redesign of the built-in Parabolic SAR indicator. I added a proper input system, an option to highlight initial points for both lines and an option to choose points width. So, customize it as you want. Parabolic SAR was originally developed by J. Welles Wilder and described in his book "New Concepts in Technical Trading Systems" (1978). It is a...
Introduction As you know, Parabolic Stop and Reverse (SAR, PSAR) was originally developed by J. Welles Wilder and was described in his book "New Concepts in Technical Trading Systems" (1978). It derives its name from the fact that when charted, the pattern formed by the points resembles a parabola. Mr. Wilder described it as "one of my favorite systems because...
Every developer must create his own Relative Strength Index with midline and other features). In addition to the midline, highlighting and levels customization I give you ability to play with non-standard sources like On Balance Volume. If someone doesn't know what is this: This indicator was originally developed by J. Welles Wilder and was described in his book...
Draws a channel based on ATR (Average True Range) and RSI. Detects band touches and colors the background appropriately.
Original Wilder's ADX and DI +/- (calculated with the 1978's original formula from Wilder's MA and not with the simple moving average, like almost all ADXs) I changed the aspect for a nice and easy view Black/yellow dashed line - threshold Light blue line = ADX Blue background - ADX above threshold Yellow background - ADX bellow threshold Green line - DI + Red...