A trading scalp tool that helps traders confirm buy/sell orders. This indicator works well along with other indicators such as MACD , Stoch RSI and RSI . Ideally this indicator works on certain time frames, therefore, look for the best time frame for the stock or coin.
The original version uses SMA, in this new version you can choose any type of MA and time frame.
- 1 min, 3 min, 5 min, 15 min, 30 min, 45min, 1h, 2h, 3h, 4h, 1d, 1w, 1M
Combine multiple time frames, this will come in handy ¡¡¡¡
Success in your trade ¡¡¡¡
Laguerre RSI (Self Adjusting Alpha with Fractals Energy) indicator script. I adopted idea from www.prorealcode.com and
If you disable `Apply Fractals Energy` option, you will get the original Laguerre RSI.
This script combines the usage of the SMMA indicator in order to provide signals for opening and closing trades, either buy or sell signals.
It uses two SMMA , a fast and a slow one, both configurable by the users.
The trigger of Buy and Sell Signals are calculated through the SMMA crosses:
Buy Signals : The fast SMMA crosses over the slow SMMA . They are...
This is a very simple trading system which is measuring the core of uptrends and downtrends using three basic elements: Close price, HL2 price, Pivot price.
Depending if the uptrend or downtrend is strong, the buy/sell signals are shown in different colors. The stronger trends are in brighter colors (lime and fuchsia). If the trend just fully changed direction...
Original Author: Rashad
Added by Rashad 6-26-16
These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance . The basis is calculate off of the Volume Weighted Moving Average . The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
Updated by Dysrupt 7-12-18
This indicator shows a histogram of the RSI in relation to an ema of the RSI.
The histogram is then smoothed to give early reversal/entry signals.
The actual RSI line with oversold/overbought indication can be displayed or omitted, as preferred.
In addiction to the RSI line or as an alternative to it, the background colour can be set to change folowing the RSI...
The quadratic semaphore indicator is an indicator that find confirmed market u-turn with the help of 2 quadratic regression calculated with Highs and Lows over the last “length” periods.
- “p” setting is candlesticks quantity to confirmed the quadratic regression has formed a High or Low parabola, such as Fractals. Consecutive same signals can happen due to the...
//Channel Commodity Index (CCI) with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & show minute threshold crosses.
//CCI is a momentum based technical trading tool used to help determine when an asset is reaching an overbought or oversold condition and is...
Based on logic from many top contributors here, the script utilizes LazyBear's WaveTrend Oscillator Indicator along with custom code to plot a few key components for daily trading;
Boundaries for entry and exit points which are based on a 6-day trend in OPEN/HIGH and OPEN/LOW prices.
Daily HIGH and LOW points to establish a good view of stock's movements
The KDJ indicator is derived from the Stochastic with the one difference being the addition of the J line. This implies that the KDJ indicator has a total of three lines; %K%D%J. The %J is simply put, the difference between the %K and the %D lines, which is similar to the MACD.
The difference between the %J and that of the MACD is that it is plotted as a...
The Market Mode indicator seeks to identify trends and rebounds by identifying “phases” according to the principles of John Ehlers.
- When the oscillator passes above the top line, the market is in an uptrend.
- When the oscillator goes below the bottom line, the market is in a downtrend.
- Between these two levels, the market is calmer and could rebound in the...
The PSO is a rewired version of a short-period stochastic. Unlike a standard stochastic oscillator, this indicator is normalized to register neutral values at zero while providing greater sensitivity to short-term price moves. This indicator uses a central zero line as a reference point and will oscillate above and below this point as price fluctuates. In...
Are you a BEAR?
Then get out of here!
This indicator is only for long movements, its reading is simple and if you use it correctly it will give you very good results, the components are:
The highest quality configuration is as follows:
It is not necessary that all the...
This indicator was originally developed by Stephen J. Klinger (Stocks & Commodities, V.15:12 (December, 1997): "Identifying Trends with Volume Analysis").
NOTE : this is the only correct version of Klinger Volume Oscillator in the public library.
Like and follow for more open source indicators!
The price always returns to the average !!!
An important separation of the price with respect to an average, indicates a depth and generally generates a reversion or correction in the trend. Depth detection is a simple and very powerful technique, it is widely used for scalping and pyramid operations, this indicator detects depth in 7 time frames, everything is...