The WaveBuilder indicator is a powerful technical analysis tool that combines wave calculations, channel formation, and smoothing techniques to identify trends, reversals, and potential trading opportunities. It provides users with customizable settings for different timeframes, smoothing averages, channel levels, and alert conditions, making it a comprehensive...
The CurveBuilder is a versatile indicator that constructs channels using selectable input averages weighted together. It also incorporates scalable and shiftable offsets on the resulting bands. This indicator allows users to customize various settings to tailor the channel construction according to their trading strategy. here a example screenshot of 3...
I continue to add things to the multibit ready indicators: This is a modified RSI indicator with some useful additions to make it bottrading ready: Centered around 0, so from +50 to -50. Short-Triggerline Long Triggerline following value mods are possible: POW factor --> rsi^POW final smoothings: SMA smoothing (level 1) EMA smoothing (level 2) switch all...
This is a simple 3 times EMA, SMA, WMA, HMA , Timeframe selector which can send the above below to the multimit system to daisychain trends in
This is a basic debugger to display each individual multibit alert directly on the chart and additionally the possibility to create alarms based on this true/falses to use multibit without a Riskmanagement
This is a cloud where I tried to recreate the Nadaraya-Watson Envelope using a different mathematical approach Clustered standard Ma's with weighting. Objectives: No repaints Alerts Almost the same output on live play.... (no need to replay history when configuring settings). the presetup is for LuxAlgo's default settings (thanks for this great...
These are classic triple Bollinger bands with different multipliers You can change the time frame plotted, for example, you can show a 1-hour chart, but plot 6-hour Bollinger. Since I haven't found any other OpenSource variant that can plot the 3 bands in a different time frame, here is my script for you en.wikipedia.org ---- additional you can see in this...