Similar to bollinger bands width, but for keltner channels, designed to recognize when a move is exhausted and contraction is to be expected. Would use it as a filter to stay out of any trades if the indicator peaks (red color).
The indicator measures ATR relative to VOLUME of each candle, marks the candles where there is more volume than in the previous one, but a lower ATR - signifying a compression in price movement - resistance. It also marks the candle where there is a greater ATR than in the previous candle, but lower volume - signifying an expansion in price movement -...
A simple indicator, to plot the quantitatively the reversion and expansion of price from a set of means. A green bar plots prices above the set of means. A bar plots prices below the set of means. A blue bar plots price entangled in the means. The height of the bars denotes the far-ness from the set of means. A blue envelope over the bars is the average of...
The Range Expansion Index ( REI ) oscillator is based on Tom Demark's studies and described in "DeMark on Day Trading Options" book. Range Expansion Index is an oscillator which compares current intraday highs and lows with the high and low of two bars ago. The indicator oscillates between +100 and - 100, Default overbought and oversold conditions are 45/-45...
experimental: analyzing the differences between price closure and multiple moving averages to discern movement and direction of market. upper signal is the long trend, while the lower signal symbolizes faster movements within the trend.
A simple indicator that shows volume expansion and contraction of a trend through colorization of the candles. It indicates the underlying volume support of a trend. This indicator might come in handy for any Elliott Wave analyst trying to incorporate volume into his analysis.
The range expansion index was developed by Thomas DeMark and published in his 1994 book, The New Science of Technical Analysis.
Hello traders, today I wanted to present you something special. I present you the Exertion Meter! Created from scratch, this idea is based on a theory of mine called "Exertion". Exertion occurs when price moves beyond the previous bar's range thus it has "exerted itself". The idea is that when price moves a lot, it exerts a lot of energy which eventually leads...
The main concept and features of this script are adapted from Mark Whistler's book "Volatility Illuminated". I have deviated from the use cases and strategies presented in the book, but the 3 Bollinger Bands use his optimized settings as the default length and standard deviation multiplier. Further insights into Mark's concepts and volatility research were...
Dear reader, This is the range expansion index. The indicator gives a good indication when the price is exhausted after a long or short. Happy trading
The Volatility Combo Bands are made from 4 separate volatility bands- two Bollinger Bands (10 and 20 period) and two Price Headley Acceleration Bands (10 and 20 period). The Volatility Combo Bands plot the innermost upper and lower points from these bands and then plots a mid-line. By default, only the standard 20 period Bollinger Bands and Combo Bands with...
Un interesante indicador que te da los niveles de concentración, debes analizar en gráficos de H4 luego podrás notar que romperá dependiendo de la tendencia en corto o largo, dando en promedio unos 20 a 100 pips. Deja en tu comentarios que te parece.
EXPERIMENTAL: Oscillator Version. calculation of extremes and price range for averaging movement. while price is above market is rising, when bellow market is falling. also can discern strength from the gap of the averages.
EXPERIMENTAL: calculation of extremes and price range for averaging movement. while price is above market is rising, when bellow market is falling. also can discern strength from the gap of the averages.
request for jangseohee adapted from here: www.amibroker.com