The Market Mode indicator seeks to identify trends and rebounds by identifying “phases” according to the principles of John Ehlers.
- When the oscillator passes above the top line, the market is in an uptrend.
- When the oscillator goes below the bottom line, the market is in a downtrend.
- Between these two levels, the market is calmer and could rebound in the...
This script combines the usage of the SMMA indicator in order to provide signals for opening and closing trades, either buy or sell signals.
It uses two SMMA , a fast and a slow one, both configurable by the users.
The trigger of Buy and Sell Signals are calculated through the SMMA crosses:
Buy Signals : The fast SMMA crosses over the slow SMMA . They are...
The TMMS oscillator (aka “Trading Made More Simpler”) is an indicator made of conditions based on both 2 separated Stochastic and 1 RSI.
Bullish zone is green and bearish one is red. When the histogram is grey, no signals is available at that time.
The indicator has an option to show the current trend of an Hull moving average (ascending or descending curve)....
This gives to you buy-sell signal with MACD's histogram trends.
Use "Fast and Slow length" and "Trend of Histogram Number" inputs to take less or more signal.
"Trend of Histogram Number" : This means how many histogram bars the trend continues before trading.
Donchian Channels mean reversion signals/alerts with RSI filtering with signals applied to the mean, for strong trend situations.
Original Author: ChrisMoody
Modified Donchonian Channel with separate adjustments for upper and lower levels
Purpose is if you expect big move up, Use lower input example 3 or 4, and longer lower input, 40 - 100 and use lower input...
New indicator, I hope you like it.
- If you want to filter more the signals you can activate in MacD Filter in the configuration.
- The use of the indicator is simple, with a simple Trader evaluation you can take good positions.
Indicator is obtained by importing RSI(14) into HULL moving average source with 2 different periods, as one is long period and the other is short.
When green line (short period) cross upward the red line (long period) , this is a BUY; vice versa it is a SELL.
When HMA Short Period is set to 1 (one), yielding line is absolutely the same line of RSI (14). You can...
This indicator shows a histogram of the RSI in relation to an ema of the RSI.
The histogram is then smoothed to give early reversal/entry signals.
The actual RSI line with oversold/overbought indication can be displayed or omitted, as preferred.
In addiction to the RSI line or as an alternative to it, the background colour can be set to change folowing the RSI...
Combo of many useful indicators modified to suit dark theme, contains
1)Regular and Hidden Divergence Buy and Sell signals by scarf
2)Time and Money channels by Lazybear
3)Fibonacci Bollinger Bands by Rashad
4) Linear Regression Curve by ucsgears
Thanks for all the creators for the source codes!