The Trend Exhaustion Indicator is a custom indicator of mine that is loosely based on the Trend Exhaustion Index created by Clifford L. Creel Ph.D. (Stocks & Commodities V. 9:1 (9-11))
This indicator will let you know the trend reversal points and when it falls below the signal line then the trend is ending vice versa. Buy when the indicator crosses above the...
This is my first custom indicator that I created as a medium to long term trend indicator. Buy if it is above 0 and sell if it is below 0.
Since this is my first unique indicator, I would love to hear your feedback! Please let me know if you would like to see any other scripts!
The Demand Oscillator was created by James Sibbet (Stocks & Commodities June, 1986) and I changed his formula quite a bit to what you see on here. If it rises above the signal then buy or if not then sell. This is my custom version of his formula so let me know what you think.
Let me know if you would like to see me write any other scripts!
The Sell Gravitation Index was created by Howard Wang and was published in Stocks & Commodities V37:02 (36-38)
This indicator is similar to the relative strength index but the big difference is that this indicator gives early buy and sell signals which I find very helpful. Buy when it rises above its signal line and sell when it falls below its signal line.
Let...
This is a variation of an exponential moving average which follows the price pretty smoothly. Feel free to change the factor to adjust how closely it follows the price. I set the default to 0.2
Let me know if you want me to write code for any other indicators!
*** THIS SCRIPT REPAINTS ***
Looking at the history will go you NO IDEA as to actual performance, or alerts that triggered within each bar. I made all of the alerts repaint in order to allow an alert each minute a condition is met, and never again after.
For instance; receive an alert each time the price is within a particular plotted area on the chart (as...
What is the Ultimate Pullback Indicator?
This indicator detects pullback trading opportunities by analyzing price action in a very specific manner.
By combining simple trend filters with various advanced candlestick patterns it detects high-probability trend-continuation setups (and optional exits).
If you use this script to set alerts then you will never...
"NEO" is a countertrend Algo designed to identify potential pivots, take profit areas, and trend reversals. "NEO" also has an additional trend-following feature for more traditional signals.
Trend Checkpoints reversals
Green :
1-Trend meter 3 green oscillators
2- Stochastic Rsi going down from 100-75
3- Stochastic Rsi with red background (optional on settings)
4- Price action above
Red :
1-Trend meter 3 red oscillators
2- Stochastic Rsi going down from 0-25
3- Stochastic Rsi with green background (optional on settings)
4- Price action below
Hello Traders
This script color the candles to remove some noise related to the natural color of the candles
Basically, it will color the candles based on how the candle is positionned versus a moving average
For traders thinking that price above a moving average is bullish/price below a moving average is bearish, this is a powerful instrument to have in your...
In essence this Renko trading system is the following:
1. Momentum based entries
2. Trend trading system (small losses, big wins)
3. As well as a trend continuation system
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!IMPORTANT!
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- You MUST have a Pro+ account. Why? Cause Renko NEEDS to run on 1min or 5min chart, nothing larger.
If you...
Trading is not all about scalping/day trading. To have a healthy and diversified portfolio, you should always have some trending long term assets to mitigate risks and keep your wallet always on the green side.
That's why Hypester once again innovates with the Ultimate Trend Analyzer. With the UTA you can check the trend's health with one glance.
Do not fool...
TF is an algorithm that solves one of the big unknowns of any trader, the direction where the prices of the asset will go.
TF is based on the analysis of sentiment and other macro economic factors that influence the evolution of present and future prices of almost any asset.
The algorithm performs the necessary calculations and draws a a lower indicator of green...
Msignal Trend Continuation Indicator
Alerts continuation trading patterns and signals trades that take advantage of price action turning points.
It seeks to find near term support and resistance levels and then identifies places on the chart to entry, and take profit of the established short term trend.
The indicator is based in price action and market timing...
It is a graphical indicator that brings several advantages.
Eliminates noise.
Facilitates the identification of the trends.
Uses fibonacci ratios.
Can be used as directional force indicator.
Use this custom indicator to analyze the current trend of any market that you choose on all time frames. Works great as a secondary indicator while day or swing trading.
Interested? Check us out here: www.scriptandbotmarketplace.com
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This indicator is a trend follower that uses exponential moving averages to estimate the trend strength and prints a BUY label every time that price action matches the algorithm conditions. Always wait for the closure of the current candle to confirm the conditions match.
Ideally, the trade should be taken with a BUY STOP order placed above the signal candle and...
