strength

alexgrover 1707 views ・

Introduction The non-signal version of the absolute strength indicator from fxcodebase.com requested by ernie76 . This indicator originally from mt4 aim to estimate the bullish/bearish force of the market by using various methods. The Indicator Two lines are plotted, a bull line (blue) representing the bullish/buying force...

modhelius 1992 views ・

Relative strength is a ratio between two assets, most often a stock and a market average (index). This implementation uses the method described here and the second method described here to calculate its value: "To calculate the relative strength of a particular stock, divide the percentage change over some time period by the percentage change of a particular...

everget 1267 views ・

Intraday Momentum Index indicator script. This indicator was originally developed by Tushar Chande.

Shizaru 3470 views ・

A powerful indicator that gives you information about trend direction and strength. It gives you buy signal when both lines are green and sell signal when both lines are red. The indicator adapts automatically to your resolution (for example if you see charts hourly it adapts to hourly timeframe), but you can turn off this option and set different resolution...

cI8DH 1332 views ・

This indicator can apply my previous indicator, Historical and Standard Stochastic, to Money Flow (ADMF) or Absolute Strength Index (ASI) or both at the same time. It can also display those two indicators in regular mode as well as showing visual cues when the indicators make new ATH or ATL. ASI is basically a new name I am giving to my Gain/Loss Moving Average...

QuantitativeExhaustion 2874 views ・

RSI Donchian Channels Built by Ricardo and JR Here is a great indicator to use for strong trends. Donchian Channels react immediately to changes in the highest high and lowest low. For strong trends you want to trade when RSI is set along the upper or lower DC-RSI envelope. When the RSI releases from the DC-RSI envelope, you can take the trade off....

sarangab 1341 views ・

This is the Volatility Quality Zero Line Indicator. This indicator measures volatility strength.

ZenAndTheArtOfTrading 2298 views ・

This indicator uses Heiken Ashi candle data to plot trend strength signals to your chart. Bright Green: Heiken Ashi candle data is still putting in higher lows and higher highs, and the price closed above the previous low. Dark Green: Heiken Ashi candle closed green, but had a lower low or lower high (trend weakening). Bright Red: Heiken Ashi candle data is still...

aelius 4821 views ・

Simple but effective don't pay $300 for an MT4 indicator when you can use this for free. Feel free to make it your own!

20813 3295 views ・

This will show you the RSI of the higher timeframes (up to 1D). Current Timeframe is colored red, higher timeframes are colored from light gray to darker gray (you can change that). There are several ways to enter a trade: 1. look for rising RSI on higher timeframe (line is stepping up in indicator window), wait for current RSI to decline to oversold (with...

squattter 811 views ・

Follow the momentum - 2/4/8hr or Daily, take your pick. Use 2 or more TFs together for greater chance of a winning trade. Also brilliant for spotting divergence. This one is my favorite indicator.

sarangab 520 views ・

This is an ATR+MA indicator.. the general idea is: - when ATR is higher than MA, volatility is high - when ATR is lower than MA, volatility is low

BacktestRookies 2397 views ・

Republished: The original script violated house rules by including an external link to Backtest Rookies. Background The currency strength indicator takes up to 4 forex pairs and calculates the average strength across all pairs. The indicator uses the pair's daily percentage change to calculate the overall strength. For flexibility, it can accept any instrument...

captainquenta 2134 views ・

This is the base TSI indicator with the RMA instead of the the EMA.

everget 558 views ・

Relative Spread Strength indicator script. This indicator was originally developed by Ian Copsey (Stocks & Commodities V. 24:10 (16-23): Forex Focus).

dravya 1156 views ・

Script #1 So, here is my first script. This is the normal 14 period ADX, but with a color twist, to make it extremely easy on eyes. and then, easily spot the strength. ADX, as you know, shows the strength of the trend. As short term traders, we need price movement and a strong trend. How to use this script ? 1. We don't trade when ADX is in the red...

scorpiomanoj 519 views ・

This is an indicator for Indian markets. It shows the relative strength of particular stock to the underlying index. The concept of this indicator is well described in Stan Weinstein's book.

siretate 384 views ・

*** Only works for the 28 pairs of the majors & 'major crosses' tickers, this will not provide analysis for anything else!!*** AUD / CAD / CHF / EUR / GBP / JPY / NZD / USD - mix and match.