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OJLJ Elliott Waves detector (Free)This script is made to identify Elliot Waves by setting a zigzag line as principal source, it identifies patterns with the most common rules, in the chart you will see a number in each wave detected, a wave could have the characteristics to be two different waves so it will be plotted the options that could be, To identify which one is most trustable I suggest to use the Fibonacci levels options as an additional note this is a free update to my existing script. Features: + All waves ? (Option to show just the 5 Wave patterns recognition) + Draw zigzag line (Option to show the zigzag line) + Supports Multiple instruments, from FOREX to Stocks + It works on all the timeframes + Show Fib levels (Option to show the Fibonacci levels) + Fibonacci levels fit test (Green crosses mark were should a Bull wave be to fit with a Fibonacci Level While the purple crosses show were should the wave fit to be a bear trend, the more closer with the point of the wave the most trustable Example, a 5 Wave Bull could also be a 2 Bear Wave, if the green cross is closer to the orange point of the wave then is a 5 Wave Bull, if the purple cross is closer to the orange point) + A background color also show when a 5 pattern is identified + The way to plot the zigzag can be changed with 3 Input options Characteristics to add in future updates (Please if you like it you can support me with coins): + Detect more than 1 cycle at the same time + Use a volume indicator to identify how many volume was traded in each wave + Implement the use of the EWO ( Elliot Wave Oscillator) + Improve the display + Identify ABC patterns + Add triangles and Zigzag formations
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Oscar118 tarafından
24
Volume price action and reaction index V1.0 (VPARI V1.0)Volume indicator adjusted according to price movement. It is used to confirm entry into trades , Each candle represents a measure of the strength of the change in volume with the price calculated by more than one mathematical equation. the best way to use : Divergence, either positive or negative It is used with Crypto currencies and stocks, not suitable for use with commodities . The example is shown in the attached chart . If you like it, don't forget to comment your experience using it.
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AbdullahAhmedEgypt tarafından
8
OBV Osc - On Balance Volume Oscillator [UTS]The oscillator version of the well known On Balance Volume Indicator (OBV). General Usage Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Moving Averages 4 different Moving Averages are available: EMA (Exponential Moving Average) SMA (Simple Moving Average) VWMA (Volume Weighted Moving Average) WMA (Weighted Moving Average)
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UberTradingSystems tarafından
3
OBV MACD IndicatorSo this script is my improvement to macd that we all know . it faster and more accurate with less lag first is based on OBV as it primary source next we convert the OBV to MA style format , in this case we can add all form of MA in order to calculate it . as you will see in settimgs it has many type of MA as each beahave differently I make the signal to be in linear form jst to make it more sharp/ and in the end in order to make the signal i use Alex grover method (this guy is a genius:) ) in final step we can make pivots point on our new for macd end resolt is a faster more accurate MACD and much more options fro modification then the regular macd this is volume indicator based so in some graph where volume does not exist this will not work
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RafaelZioni tarafından
116
ATR, Kijun-Sen, %R Strategy [No Nonsense FX]A strategy that employs the No Nonsense FX method as described by VP. 1. Risk: ATR 2. Baseline: Kijun-Sen 3. Confirmation #1: Williams % Range 4. Volume: TBD 5. Confirmation #2: TBD 6. Exit: TBD Give me a follow if you enjoy and please PM me for more info/collabs! Notes: The defaults seem to work on all pairs Please check the "two digit" box if running on JPY or Metals If you have any ideas for a volume indicator, confirmation, and/or exit leave a comment!
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DasanC tarafından
17