1D MACD, with slightly slower values for a little less noise. Instead of the 12, 26, 9, this shows the 13, 34, 9. Instead of showing a histogram, it uses area and color-codes the area blue and red based on directional movement. Overlaid is a black histogram line showing the 4H MACD, produced by values of 6, 13, 5.
Visualizes candlestick formations while on lower time periods. Applicable when scalping or switching between periods. Green background means the candle closed higher than it opened, red vice-versa. The white background shows the ranging between open and close for the candle. Defaults to 1D, options for any time period available as a side by side. Examples of...
Modified code from ChrisMoody, RicardoSantos & Ricardo M Arjona. Allows for multiple moving average types across custom time-frames.
With optional overlay for high/low candle values and daily resolution close. Now with MtF to add customization . Made because I'm too lazy to constantly re-add tickers and to reduce noise.
Double Cycles You can setup higher timeframe cycle period's as argument, default is M30
This script will always plot the daily EMA regardless of which timeframe you are on.
Provides a blending of Bollinger Bands and Donchian Channels with shading criteria between.
See the current pair's Supertrend direction on 4 different timeframes at once, so you won't get caught with your pants down trading against the trend. Handy for quickly space-barring through a watchlist. Default settings are (from top to bottom) Daily, 4H, 1H and 15M but these can be changed. Any suggestions, let me know.
Candles are coloured based on relative price and volume: - If today’s closing price and volume are greater than (n) bars ago, color today’s volume bar green. - If today’s closing price is greater than (n) bars ago but volume is not, color today’s volume bar lime. - Similarly, if today’s closing price and volume is less than (n) bars ago, color today’s volume...
This is a simple Donchian Channel variation that separates the the channels into quadrants, and enables MTF calculation. Average open and close plots are included for additional confirmation of a trend.
Multiple timeframe rsi's shows long term trend's and ideal points for entry on pull backs, also show long term exhaustion when the longer time frame rsi enters over bought/sold areas.
modification by Richard Siegers that turned stochastic mtf from ChrisMoody into stochastic-rsi mtf
updated with moving average type selection.
This is an interesting study that can be used as a tool for determining trend direction, and also could be a trailing stop setter. I use it as a gauge on MTF settings, in the pic MTF is turned off. If on, you can look at the bar cycle of the 1h while on the 15m giving you a lot of information in one tool. If a line is missing high or low, it is because it was...