This indicator was originally developed by Vitali Apirine (Stocks & Commodities , V.34:9 (August, 2016): "The Middle-High-Low Moving Average"). You can use it to create a crossover trading system in conjuction with EMA/SMA. Good luck!
"This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI . First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount. Next, the filter is...
This one compares the total candle height (Low to High), body size, also top and bottom wick sizes. I really don't know when it would be best to use this, but it gives a 0 baseline to compare candles side-by-side also to compare body size to wick size. *Notes* - The tallest of course is high minus low - whether or not the close is above the open, the body...
Quite simple, this plots the range of each candle (high - low). My main intention for this study is for weekly or monthly NG1! .
Interquartile Range Bands script. This indicator was originally developed by Alex Orekhov at his home. The idea based on the interquartile range en.wikipedia.org If price breaks out from the bands then it is `outlier` price. After breakouts price always returns to its median. Watch squeeze/expansion periods. Anyway use it as a supplement to the other...
Simple script for showing the high/low/midrange of a session. By default configured to do the Daily range using the "regular" session. But it's configurable. For example on this chart I am showing the Weekly range.
This is a twist on my on my Breakout Scalper strategy that limits trading to a user-configurable session Find the original "Continuous" version of the scalper here: The breakout scalper is based on "slow" and "fast" donchian periods. In this version, the "slow" donchian is in fact the Day's high/low. This important difference means that we will always be...
first draft of a breakout scalper which uses a fast and slow window sets up some entry stops and then a trailing exit stop. performs a manual close when going sideways.
updated my on screen options added chris moody's day of the week - added that option so that day range can be seen easily - credit to chris moody. also have favoured EMAS and bollinger band so that 3 indicators can be used on accounts with 5 indicator options. colours can be changed in the script so ones that suit white back grounds or can save a template...
This tool highlights where gaps happens and outlines in the chart where the gap zones are. If there is a gap up there is a green line, a gap down it is red. The gap zone is highlighted in blue. You can choose the size of your gap with the input menu to the desired size. Feel free to ask comment below. Made for the Gold Minds group
The enhanced version of %ATR of "codermua" The %ATR calculated by EMA(red) , SMA(purple) and WMA(yellow) added to existing indicator which include only RMA(blue) calculation.
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
Here is the actual 3 day rolling pivot range indicator as detailed in Mark Fisher's book The Logical Trader.
Day25Range(1) - Plot on the candle the 25% low range of the daily price. This helps to show when the current price is at or below the 25% price range of the day. Best when used with other indicators to show early wakening strength in price. On the attached chart, if you look at Jan 23, 2018 you will see a red candle that closed below the 25% mark of the trading...
Day25Range(1) - I use this indicator to show where the lower 25% daily range of a stock is. This helps to show weakness in a stock during the trading day. I use this indicator with a CIRCLE or DOT plotted on the candle. Makes it easy to show weakness during the trading day.
Day75Range(1) use to plot the 75% range of a trading day. I use a CIRCLE or DOT to indict the 75% range of the trading day.
This is a simple script to quickly see changes in % in each candle. In blue open/close variation. In red Histogram with range between high and low. This helps me understand very quickly what's the typical change in % for a specific timeframe/pair, so I can fine tune my Stop Losses and Take Profits.