October 21 2019 - Easy Fibonacci Channels - by RootDuk
Easy adaptable fibonacci channels. By changing the levels you can adapt
the lines as needed. There's also global params to use for horizontal and
The TRIMA is simply the SMA of the SMA -- a double-smoothed simple moving average . The end effect of the double smoothing is that greater weight is placed on values near the middle of the lookback period. It therefore reacts relatively slowly to price changes compared to most moving averages .
But why would I want more lag?
One potential use of this moving...
I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice.
Description / Usage:
Adjust length and multiplier much the same way you would expect with Bollinger Bands.
Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA)
The outer channels are increments of the base...
Channels indicators are widely used in technical analysis, they provide lot of information. In general, technical indicators giving upper/lower extremities are calculated by adding/subtracting a volatility component to a central tendency estimator. This is the case with Bollinger bands, using the rolling standard deviation as volatility estimator...
The efficient trend-step indicator is a trend indicator that make use of the efficiency ratio in order to adapt to the market trend strength, this indicator originally aimed to remain static during ranging states while fitting the price only when large variations occur. The trend step indicator family unlike most moving averages has a boxy...
This indicator adds a level of adaptivity to the simple Donchian Channel by adjusting the sensitivity (lookback periods) of the channel's upper and lower bounds based on the amount of time that has elapsed since the price has hit/expanded the channel boundaries. Comparing the results of this indicator to the standard Donchian Channel, the readier level of...
Shout out to nPE- for the idea.
Bands made with stdev from 10 day OHLC.
Keeps resolution to daily, so you can use bands as daily pivots for day trading.
Upper band 1=yesterday close + 0.5 std(ohlc,10)
Upper band 1=yesterday close + 1 std(ohlc,10)
Lower band 1=yesterday close - 0.5 std(ohlc,10)
Lower band 2=yesterday close - 1 std(ohlc,1
I realise that was unnecessary EMAs (in version 1), so I removed they.
The green zone is the original EMAs and the blank and gray ones are projected EMAs. I'm using this to know good entry points and the exits for scalping.
(work well only for well defined trends).
SIGNALS THROUGHT THE CRYSTALS
Use this graphic tracer based in crystals to help interpreting the evolution of the price under a new and different perspective.
The form of the crystals and the overlap between them will show a new mode to predict the begin and the end of trends.
A clue... find the triangles. ;)
Parameters: Coloured Crystals?