This script combines 6 EMAs with 3 Donchian Channel 78.6% and 21.4% intermediary level lines to perform trade analysis. The 6 EMAs (I, II, III , IV, V and VI ) default lengthes come from one of the Fibonacci Phi^3 and Phi^3/2 sub series (17, 34, 72, 144, 305 and 610), but can be changed to any values, particularly to the traditionally used 20, 40, 50, 100, 200 and...
This script combines 3 EMAs with Bollinger Bands to build a trend based trading strategy. The 3 EMAs (I, II and III ) default lengthes come from one of the Fibonacci Phi^3/2 sub series (17, 72 and 305), but can be changed to any values, particularly to the traditionally used 20, 50 and 200. Bollinger Band length is set to the same length as EMA I. Up to my...
Symmetrically weighted moving average Weight distribution starts from median of given period and it's reduced linearly to the sides so the ending and starting point of period have the least weight. It's smooth and fast but reacts late to trend changes on higher lengths, it could be considered both advantage and disadvantage.
This indicator shows price correlations of your current chart to various well-known indices. Values above 0 mean a positive correlation, below 0 a negative correlation (not correlated). It works well with daily candle charts and above, but you may also try it on 1h candles. The default indices: - Gold - S&p 500 - Mini Dow Jones - Dow Jones - Russel 2000 - Nasdaq...
This is an indicator extended from MACD indicator. This indicator can be used for identifying trend and take positional trades everyday Recommened: Apply indicator on 1 day TF and on Asian Market opening , depending on the signal, Green means buy or Red means Sell. Take this signal as soon as asian market opens. To get in a trend ASAP: You can follow the trend...
The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one. Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend). An ATR filter can be selected to place the line at a more distance level than...
Combine Bollinger Band signal with Awesome Oscillator signal by changing the baseline of signal Bollinger Band as well to show trading status. This also includes 5-day and 50-day Moving average signals and the color change of candles To show trading status.
A simple Vegas Tunnel designed to use with 4H charts (Majors and Minors) using 7 levels of fibonacci.
Pivot EMA with color codes indication the possible direction of the market. Also added prefix to the name of the indicator for easy identification of my indicators. Upward sloping bands indicate uptrend and Downward sloping band indicates downtrend. Upward sloping and downward sloping are differentiated using color codes for easy visual identification.
Kama Trend Follower is a Kaufman's Adaptive Moving Average ( KAMA ) based trend follower.
EMA'S dictate direction of entry 50 EMA above 200 EMA = LONG 50 EMA below 200 EMA = SHORT Stoch 15,20,5 When LONG and "K" crosses over signal line "D Underneath the value of 40 = Enter Long When SHORT and "K" crosses under signal line "D" Above the value of 60 = Enter Short Risk managment Trailing profit at 21 pips with a 1 pip offset ( attempting to...
EMA 50 & EMA 200 dictate direction of entry EMA 50 above EMA 200 = Long EMA 50 below EMA 200 = Short If Long and RSI crossover 25 = Long entry If Short and RSI crossunder 75 = Short entry Each trade is currently 1:1.3 risk to reward ratio. 15 pip TP 12 PIP SL Any suggestions on further improvements /variations are more then welcome.
SURE SHOT TREND IDENTIFIER (SSTI) - It keeps Traders on Trending Side of the Market BELOW BASIC THINGS MUST KNOW BEFORE USING THIS TOOL 1. Priority One: Background should be GREEN for UP TREND and RED for DOWN TREND 2. Minimum 4 out of first 5 Signals MUST come from below list to take your position 1. UP TREND i. Background GREEN ii. Bottom GREEN Dot – Trading...
about BB filling between two bolinger band in order to recognize easily about MA this script make possible to show 4 different length of MA and you can choose whether using SMA or EMA; if 4 MA is more than enough you can hide one of them by uncheck "show" button
This indicator allows you to view a moving average ( EMA or SMA ) of your choosing on other time frames than what you are currently on. You just need to edit the script and plot MAs that you want to see. This is based on awesome work of @millerrh at but now instead of read inputs, I just plot what I desire with correct labels. The reason I used that was that I...
This update includes the stop loss long and stop loss short adjustments as well as VWAP tuning into the STEM script. I tend to not use the VWAP tuning but sometimes the strategy script will benefit slightly from using it. The adjustment values make a huge difference, especially when using this on shorter time frames. The idea is to tweak the strategy settings...
This script plots 6 anchored vwap from the selected bars. The labels are only to help identify the starting points and can be disabled in the options.