Double Stochastic is use 2 Stochastic for monitoring price swing.
Slow Stochastic (21,3,3) for monitoring the swing of price cycle.
Fast Stochastic (5,1,1) for monitoring the swing in price ripple.
When 2 Stochastic run way from each other, separately , mean Price will move only retrace or rebound in ripple movement.
When 2 Stochastic Flip and Run break thru...
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. The Hull Moving Average solves the dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. (hoping in...
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...
The usage is very easy. When the line is green you can open long position, when the line is red you can open short position and when it's black just check by yourself.
Usually I use it with RSI and Bollinger Bands , in order to determine when the signal is strong or weak.
Just play with fastest and slowest SC to adjust the smoothness.
This indicator drops to EMA on your chart. by default it's using different number of bars to calculate the short and long range indicators per time frame. This system is wildly used by professionals to avoid false reading on market's trend and better make decisions. Remember, the crossing of these two indicators should not be used for getting a signal. Instead,...
This is a double bottom indicator with an alert that has many settings to customize your double bottom .
From Wikipedia "A double bottom is the end formation in a declining market. The pattern is formed by two price minima separated by local peak defining the neck line. The formation is completed and confirmed when the price rises above the neck line, indicating...
This indicator provides a statistical report on the Double Inside Bar pattern. Based on the chart's bars, it can improve your edge on any markets and timeframes.
A Double Inside Bar refers to a contraction where price is consolidating while making consecutive lower highs and a higher lows.
The report is broken down into...
This trading set up will show the Frank Ochoa's 4 reversal candles with the 'RSI and volume filters' along with the necessary pivots. You will be able to select the RSI and volume filters individually for all the 4 setups. It will also show the colored RSI candle when the RSI conditions met. You can also set the Initial Balance based on your preference. Lot more...
Automatic Double Top and Double Bottom pattern scanner for any time frame, any asset.
Simple to use, just add to your chart, and set the size (in the settings) for the patterns you want to find.
• Green patterns are bullish
• Red patterns are bearish
• Alerts are available for when new patterns are displayed
• When a pattern completes (at the neckline), it...
This is a free double top indicator with an alert that has many settings to customize your double top.
From Wikipedia "The double top is a frequent price formation at the end of a bull market. It appears as two consecutive peaks of approximately the same price on a price-versus-time chart of a market. The two peaks are separated by a minimum in price, a valley....
This is a version of my fixed MA script where 2 fixed MAs can be shown at once. Please see my "Fixed Moving Average" script for full explanation on what a fixed moving average is.
The defaults are the 12h 200 EMA and 12h 200 SMA. A strategy that can be used with these settings is as follows:
If price is caught in between the 2 moving averages, and is...
Another script that might be useful for your trading setup.
It use RSI and two SMA's.
+++ use this tool on your own risk. i'm not responsible for your loses +++
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