A new approach to trend/time analysis. This indicator counts up/down price moves using fuzzy logic in two time frames. Counts reaching Fibonacci numbers are often significant to trend momentum: either reversal or stronger continuation. See the script’s beginning comments for details.
I’m amazed with DeMark and all his indicators. But after coding a TD_Sequential...
Before anything, take notes of the script limitations :
1) This script doesn't give trading information on itself.
It is intended has additional value to my other script named : Time Dilated Donchian Channel
Blue line = Normal time of the day
Orange line = Observed time of the day
Red line = What if time travel was allowed... Which time would I observe?
This indicator can predict when major and minor pivots will occur and also when some patterns (i.e. pennant) will be completed.
How to use:
1- Select the arbitrary chart (Candles, Heikin Ashi, Line and Renko) and time frame.
2. Set the “Offset” value. Default value is -1.
3. Set the “Time Coefficient” value. Default value is 2.
⚛WPZO - Wave Period Zone Oscillator by Cryptorhythms
Based upon Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018.
Companion indicator to the Wave Period Oscillator, this is simply a transformation to display in a familiar manner like an RSI. Occasionally WPO can exceed the upper and lower boundary lines in strong...
⚛SHO - Simple Harmonic Oscillator by Cryptorhythms
SHO – Simple Harmonic Oscillator - A Time Cycle Oscillator. Published in IFTA Journal 2018 by Akram El Sherbini.
Bullish signals are generated when SHO crosses over 0
Bearish signals are generated when SHO crosses under 0
OverBought level is 40
OverSold level is -40
ExtremeOB level is...
🆓 SHI - Simple Harmonic Index by Cryptorhythms
The indicator is based on Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018.
The simple harmonic index (SHI) is based on the derivations of the simple harmonic equation.
The trading tactic used for the simple harmonic index is merely the centerline...
Working on a TD sequential using snippets
still a work in progress
Need to add:
-Perfect 8 and 9 indicator
TD setup (green) and countdown (red) with MA20 (purple), 50 (blue) and 200 (yellow).
hlines at high and low of the previous candle
auto alert if green 2 above high of green one
auto alert if red 2 below low of red one
"support lines" on high of...