Just a new combination of indies from the incomparable and generous LazyBear. I was having trouble scripting the the RVGI (Realtive Vigour Index) and LazyBear came to my help - I am enormously grateful.
Publishing here at 15m but effective for Binaries on shorter time frames, especially 1m.
Both RVGI and Wave Trends lengths are set to 10. For more...
The Stochastic's 'first cousin'. The RVI has been shortened to 5 and offset to -1 to better hit price change. I've attached a link with strateguy suggestions. My preference is to trade on 2m timeframes with 2m chart.
You can change length and adjust offset in Inputs.
More from Vdubus legend origin - all praise to him - but with another couple of tweaks. S/R length has been shortened by 25% and an EMA15 has been added if you like getting down with EMA15.
My work is nothing in comparison to Vdubus. I hope this little adaptation both respects and honours his work.
Check the original for the full force (Vdubus Rejection Spike...
Indie works best as a combination at lower timeframes but published here at 15m. Easy to follow - look for ascents and descents right next to crossover on histogram, or the crossover itself.
On 1M time-frame, it generates a lot of signals just before or after crossovers or the crossovers themselves. But please understand, this is unsophisticated, high-volume...
Glaz's great slow-move HA with a couple of tweaks and an EMA7 applied. Works exactly llike the EMA6 strategy by Shiva Krishnan but with clear reversal arrows.
For folks new to trading, I'd strongly suggest you only trade with trend - catching reversals can be tricky: so many people get killed doing this. Additionally, the 'trade fear, not greed' principle is...
This is just a template of indies - all the legenadary Vdubus - to get a handle on trading rejection spikes. What the indies don't show are spikes that tried to live but failed so if you back test little reversals you'll get very good %: it isn't like this live .
As always, you'd need to work with Price Action primarily but these indies can be very useful when...
Just a combination of indies. The faster moving StochRSI can be used a trigger signal for Wave Trend confirmation of Price Action. Interesting to play with settings on different time frames - as always, whatever works for you. Can probably be helpful for binaries from 1M upwards.
Just a tweak on the orginal with clearer bull/bear harami arrows. No suggestion on how you should trade it - it's just an indicator, not a strategy ! For 1m and 2m binaries, it's quite good at picking out next candle, but most with trend . Anyways, nothing to write home about. Trade smart.
Simple harami and doji indicator adapted from Repo32 Candlestick Identifier - a great piece of work and awesome respect to the originator. This script only shows harami and doji for use with Heiken Ashi in above/below comparison to traditional candlestick chart.
It leaves a clean chart without too many distractions so you can concentrate on price action.