This is a squeeze indicator plotted on the chart, with configurable values. Green crosses show when there is a squeeze (bollinger bands inside keltner channels). Red crosses show a potential release/breakout when close > bollinger bands.
You can also edit the settings of the indicator to show the bollinger bands and keltner channels (by removing the transparency).
The system uses 1 hour and 15 min timeframe data. Signals coming from 15 min Inverse Fisher Transform of SMI and stochastic RSI are confirmed by 1 hour Inverse Fisher Transform SMI, according to the following rules:
long cond.: 15 min IFTSMI crosses ABOVE -0.5 or SRSI k-line crosses ABOVE 50 while 1-hour IFTSMI is already ABOVE -0.5
short cond.:15 min IFTSMI...
Directional - Trennd
Buyers break and close into upper band ( green area) for long entries with trend
Sellers break and close into lower band ( red area) for short entries with trend
Reversion to Mean
Sellers break and close out of upper band ( green area) for short entries against trend, Target (standard deviation One opposite side below centre line)
Japanese legendary day trader's indicator "InariN" .
"N jijii " introduced this original indicator at his ebook and I made it simple for my own use .
This is not original type but I picked up essential elements to practice his idea .
I guess he is real forex day trader and "InariN" is similar to "Ichimoku" .
I have used this at EUR/USD 5 minutes chart for...
The Sinewave Indicator was created by John Ehlers (Rocket Science For Traders pgs 97-99) and this is a few indicators in one. Simply put it is a leading indicator which you don't see too many of those these days. If the blue line crosses over the red line then within the next few bars the price will start an uptrend and if the blue line crosses below the red line...
TD Points are used to draw TD Lines also known as Demark's Trend Lines.
There are two types of TD Points-
1. TD supply points- A bar with a maximum price higher than the maximum prices of the previous and subsequent bars. Downward trend lines are drawn through the highs of such bars.
2. TD demand points- A bar with a minimum price below the minimum price of the...
This script displays an KAMA (kaufman adaptative moving average) baseline on the chart (default = 14, 2, 30) or a Kijun baseline.
It displays visual signals at every baseline crossover :
- Long (green) if a crossover + within an ATR distance.
- Short (red) if a crossunder + within an ATR distance.
- Filtered signals (not within the ATR channel) are displayed in...
"Dynamic Money Flow is a volume indicator based on Marc Chaikin's Money Flow with a few improvements.
It can be used to confirm break-outs and trends." (RezzaHmt)
This is the script from RezzaHmt called "Dynamic Money Flow".
All I did is the color change of the line because I find it easier to read that way.
Here you can find the original script explaining the...
These are level 2 and level 3 TD pivots. Level 2 and 3 pivots are formed when a local low or high is formed conforming the monotonic patterns described pictorially below:
Level 2 Pivots
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Level 3 Pivots
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