MACD but on the Quadratic Weighted Moving Average instead of regular Moving Average
"The quadratic moving average ( QMA ) or quadratic weighted moving average (QWMA) is a type of moving average who is closer to the price when price is up trending. This moving average is defined as the square root of the moving average of the squared price." @alexgrover...
The idea with the indicator is to tell when to by and when to sell a Security based on a modified CRS indicator where the a ema is added and the RSI of the Security.
If the CRS is above the the SMA and EMA and the RSI is above 50 one have a buy signal. If one of the beforementioned is not fullfilled you are in Yellow zone. If the CRS is below the SMA or EMA and...
An implementation of the supertrend indicator as it'll be implemented in build-in pine function
Supertrend calculates two values:
using the direction resistance and support are plotted.
This script calculates the Donchian Channel for estimating impulsive movements. It can be used on both stocks/currencies and futures. It use a trailing stop and a monetary stop to close the trades. It is a test code and must not be used for real operations (it does not constitute a solicitation for public savings).