█ OVERVIEW TASC's May 2022 edition Traders' Tips includes the "Relative Strength Moving Averages" article authored by Vitali Apirine. This is the code implementing the Relative Strength Exponential Moving Average (RS EMA) indicator introduced in this publication. █ CONCEPTS RS EMA is an adaptive trend-following indicator with reduced lag characteristics....
This indicator is a twist on the macd indicator. It shows the change in delta between signal- and macd-line as a contra-indicator wether or not the current trend as shown by the original macd indicator is actually gaining strength or not. This indicator is part of a different work in progress and was published seperately as a proof of concept. You may use it in...
1. Why Pivot Point is popular Because unlike most indicators, it's not lagging! It is forward-looking, it's real-time, it's just right there. 2. Why this script is created? I don't like many indicator lines crossing my screen everywhere, just as some Pivot Point indicators did. So I wrote this script to keep my screen as clean/neat as possible. 3. About the...
1. Why Pivot Point is popular? Because unlike most indicators, it's not lagging! It is forward-looking, it's real-time, it's just right there. 2. Why this script is created? I don't like many indicator lines crossing my screen everywhere, just as some Pivot Point indicators did. So I wrote this script to keep my screen as clean/neat as possible. 3. MUST READ...
Do you Ever Wonder How world Market/indices are Performing Before your Market Open? This indicator consist of 30 Major global indices and 10 local Indices which will help you get a idea of the direction of the global markets. So basically I have calculate the % change for each bar, then I am calculating the weightage of positive change with respect to total %...
It gives you average atr in multi time frames and you can use it to measure moves in price legs.
These candlesticks fill with opacity based on the significance of the volume compared to the volume's EMA.
As a sequel to our 'meme indicator' series... The Bart Pattern Detector identifies confirmed regular and inverted Bart patterns using edge detection. Settings Median Lookback: Lookback period of the median filter used for the edge detection, with a shorter period allowing to detect shorter-term and less spaced patterns. Edge Detection Sensitivity:...
This is a modification of a script by RobMinty, "FXN - Asian Session Range" The script provides functionality to track specific trading sessions based on user preference rather than just the market sessions open and close. The idea is to help you hold yourself accountable to your specific trading times as well as backtest various marketing timings suitable to your...
K's reversal indicator I is a special combination between Bollinger bands and the MACD oscillator. It is a contrarian indicator that depends on the following conditions: • A buy signal is generated whenever the current market price is below the 100-period lower Bollinger band while simultaneously, the MACD value must be above its signal line. At the same time,...
Show percent daily moves with a 5 period look back. This helps visualize recent performance.
Script calculates & displays the average price of two selected points. Request from @Bosstradamus3 on Twitter. This is a quick & dirty script that should be updated in the future. If you use it and/or modify it, I'd love to hear about it. Once the indicator is selected, click & drag the label base to reset starting & ending points. To display label on top of...
Weekly Commitment of Traders Report for Futures positions, as well as futures plus options positions. This is only for Bitcoin and Ether. OPEN INTEREST DEALER ASSET MANAGER LEVERAGED FUNDS OTHER REPORTABLE TOTAL REPORTABLE NON REPORTABLE
Ichimoku can state market conditions better than any indicator or group of indicators(My own perspective). Ichimoku works seamlessly in different timeframes. Analysis of Ichimoku in different timeframes can give you the bigger picture of the market. This indicator analyzes six different timeframes with Ichimoku in depth. Default timeframes are 5M, 30M, 60M, D, W,...
What is it? This indicator is the percent of negative days minus the percent of positive days in a year multiplied by the sign of the overall return of the lookback (365 days for crypto and 252 days for stocks). FIP = sign(return of lookback) * What is it used for? This indicator is used as a quality screener for momentum stocks. It is based behind the...
This is not a real indicator, but is what ICT use as indicator for trading futures indexes. it can only display SP500, Dow Jon Industrial Average and Nasdaq, if someone want other market can copy the code and change some parameters (is more easy than it can appear) A good idea is using this other market on backtest to confirm the divergence idea of Linda Raske,...
Concept: There are a large number of moving averages available. However, they are effective differently. Trends confirmation and follow through requires a large number of moving averages to be used differently. The concept here is to generate a combination moving average, each MA type can be weighted to provide a higher degree of confirmation of trend. The...