DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this work are FREELY AND PUBLICLY available on the Web for NON LUCRATIVE...
This is a very simple script that plots signals on the chart whenever the RSI crosses the given threshold. Nothing fancy, but it is useful for deciding when to exit trades or prepare for pullbacks or for confirming that the market is currently in the middle of an extremely impulsive move or trend. It has alert functionality and you can set the overbought/sold...
This is not new indicator. // Candle Patterns Indicator created by Robert N. 030715 // Volume Indicator @author LazyBear // Updated and translated by Blyayshman Это не новый индикатор - это компиляция нескольких для удобства одновременного отображения и экономии разрешенных индикаторов. Эта версия для отображения на главном экране, вместе с графиком. Можно...
Reaction Point Method is based on the concept of Pivot Points that can be used to identify a reversal. These reversals can be tracked for further action. Ideally this method is useful for Intraday play and gives defined opportunity to the traders.
This version has an important enhancement to the previous one that`s especially useful with intraday minute charts. Due to the volatility had not been taken into account to avoid the extra complication in the formula, the previous formula has some drawbacks: The main drawback is that the constant cutoff coefficient will overestimate price changes in...
This version has an important enhancement to the previous one that`s especially useful with intraday minute charts. Due to the volatility had not been taken into account to avoid the extra complication in the formula, the previous formula has some drawbacks: The main drawback is that the constant cutoff coefficient will overestimate price changes in...
rsi has 2 line. 30 and 70. but we can use BB instead of that. i dont know it is good idea or not. cause i rarely use rsi. anyway if you are interested in it, you can try :) enjoy and earn money.
Description: This indicator plots Daily Standard deviation levels on price chart based on Historical Volatility (HV). It uses the most common approach for calculating historical volatility as standard deviation of logarithmic returns, based on daily closing/settlement prices. Assets: Currency Pairs, Commodities, also works on stocks, some indices. Time...
Basic ADR-indicator that is showing the daily range on lower timeframes as well, without using the current open daily bar for calculation. Also plots as line in a separate indicator window. Updates displayed value when hovering over the candles on the chart to see historical Numbers.
A useful measure of recent volatility. I use 50 day or 50 week periods, but you can experiment with other values too. Because it measures ranges as a % of current close it can be used to make good comparisons with other historic periods of low (or high) volatility. This measure reached a new 23 year low for daily S&P 500 in July 2017. Uses and historic examples: ...
Basic ATR without the current open bar in progress, it calculates the closed bars within the chosen ATR Period
This uses the real OHLC not the one of the chart (useful for not standard chat like Heikin Ashi).
Highlight low and high volumes, ideal for using with line price indicators.
This is just an idea I am toying with. Enforce patience by triggering after the previous candle close. This way you enter on a confirmation. I like the way this pairs with a donchian channel, and also I just like donchian channels How I would trade this, say for a long dip buy: 1. Do not trade the first candle of the day. Close any open positions at the end of...
I took the VB bands off for you guys.
Observe the price reaction in the zones of supply/demand from multiple timeframes. Original idea from Forex MoneyMap, Dynamic Fibonacci Grid etc. NOTE: Only for M5 !