TWAP with: - Anchoring: Custom, Day, Week, Month, Quarter, Year (custom anchoring can be selected by dragging a vertical line through the chart) - Standard Devation Bands - Auto-coloring depending on the trend
Linearly Weighted Ordinary Least Squares Moving Regression aka Weighted Least Squares Moving Average -> WLSMA ^^ called it this way just to for... damn, forgot the word Totally pwns LSMA for some purposes here's why (just look up): - 'realistically' the same smoothness; - less lag; - less overshoot; - more or less same computationally intensive. "Pretty...
We all need help staying in trades as long as possible, buckling down through those pesky pullback and consolidation periods, and this script really helps you gain some better insight! The TREND GUARD indicator is great for keeping you in trending trades through pullbacks and short consolidations. It is a STOP INDICATOR and helps you with your exits. It can...
HAMA (Heiken-Ashi Moving Average) Candles are built using different moving average lengths for the open, high, low, and close. Those levels are then run through the Heiken-Ashi Candle formula to create a new hybrid candle on the chart. There is an additional Moving Average plotted as well for overall direction. This may be used best for identifying trending...
hello, it allows you to see both rsi and ma and ema values on the same screen. You can set the levels you want in the Aarlar section. You can make the coloring you want.
The best, simplest moving averages you'll find. Well not really. But it does have SMA, WMA, and EMA in one place. Plus an additional one that averages those, that might give you a leg up because it's not really a standard thing and you won't create a massive worldwide machine-driven feedback loop that crashes the markets (instead profit from them). Or something...
Inspired by my favorite EMA ribbon - "EMA Ribbon " by fskrypt. This Ribbon ADD the option to choose the avarage algorithm of the ribbon . Created also to be more friendly to read along with trendlines and Fibonacci retracements. For those like me that NOT use this ribbon to find exact price action but instead, to have a grasp of possible Support/Resistance...
This script indicates the Buy and Sell positions on your chart. In addition, it shows entry price , stop loss and possible targets on the chart. The same information are shown in a table where you can find the position type (long/short) in green and red color, entry point, stop-loss (always in red) and targets. The targets are defined by Risk to Reward...
The Moving Average Gradient Indicator uses multiple Moving Averages to create a gradient. It creates continually more faint MAs, filled upwards or downwards to the price at a certain opacity. It can be used efficiently for stocks, forex, crypto, and more. This indicator combines numerous Moving Averages of your choice, a few of which include: EMA SMA ...
Inverse Fisher Transform On Williams %R Since Williams R indicator produces negative values, I preferred to add 50 instead of subtracting 50. It produces values between 0.5 and -0.5. Generates clear buy and sell signals. Williams %R determines overbought and oversold levels. You can see more softly.
Riding along the Super Trend - Super Trend Bullish candle (STBullCandle) is a candle where low is lower than supertrend and close is greater than super trend. Conditions for going Long - 1. High of current candle should be higher than high of STBullCandle. 2. We can consider 1 or 2 candles after the STBullCandle for this condition. 3. If filterRsi is...
MA Cloud - a highly configurable cloud for Moving Averages Creates a cloud from max. 5 Moving Averages. Users can freely decide, for each average wether it should be SMA,EMA or WMA and also for the time period. They shades and colors can be freely chose for each combination of MA's, giving you a maximum freedom to configure your cloud.
The Ultimate Moving Average was created by myself and @RedKTrader and I can proudly say that this is the holy grail of moving averages. Not only does this moving average react to the current price trends like a normal moving average but we have also included the ability to react to volume, momentum, and volatility. The only thing this moving average can't do is...
The Distance Coefficient Filter was created by John Ehlers and this is one of his more unknown moving averages. It works well because in an uptrend or downtrend it behaves more like a trailing stop system but it also deals with issues like pullbacks pretty quickly. I think it works well with the default values but let me know if you find a more profitable system....
RedK Slow Smooth Average (RSS_WMA) is based on simple, multi-WMA passes to generate a moving average that sacrifices low-lag and fast responsiveness for the sake of smoothness. This smoothness enables an increased trader ability to visualize and track longer-term trends and removes the noise of smaller, relatively insignificant price...
Returns a dashboard showing the direction taken by 4 overlay indicators, SMA (simple moving average), TMA (triangular moving average), WMA (weighted moving average), and REG (linear regression), all using different length periods. The user can select the minimum and maximum length of these indicators and introduce an increment. 1. Settings Maximum Length:...
I have been planning to re-write the MAGicWAVe script for a long time, so here's a totally revamped version. What is the MAGic WAVe ? - this is one of my first indicators - and is a constant in my trading charts ... - It's really a simple idea that plays with weighted moving averages (WMA) to produce a low-lag MAGnified Weighted Average (hence the name MAGic...
Yüsram Mount HO - Day HO This indicator shows the comparison between the 7-day fast simple average and the monthly slow average of 5 bars. The red line indicates the monthly green and blue lines the daily average. If the Green-Blue line crosses the red upwards, it is a buy signal and the opposite is a sell signal. As soon as it turns green blue without waiting...