Depth House Trend and Reversal Candlestick Indicato r is a custom trading tool designed to help traders determine trend direction, and possible trend reversal points. Here is a video which I give a brief overview and show it in action: youtu.be How it works: Based on the default settings, there are 5 primary colors that each have their own possible...
Forecast Oscillator indicator script. This indicator was originally developed by Tushar Chande.
Fast 3LRC - 15/30/60 standard settings - 15/30 give a lot of noise, but give you a some time to prepare for the 60 to flip
A regression line is simply a single line that best fits the data. In the pinescript you can plot a linear regression line using the linreg function. Here i share the entire calculation of the linear regression line, you are free to take the code and modify the functions in the script for creating your own kind of filter. Hope you enjoy :)
uses HTF trend and provides specific input on lower timeframe using a combo of RSI and HHLL criteria. tested on M5/H1 timeframes red/green background highlights retracement zone before HTF trend should continue. blue bar is entry point. Look for 1:1 RR before closing off 75% and riding the wave up/down :-) Works best with trending markets but should be also...
Channel Lines based on linear regression combined with fractal divergence indicator bands. Taylor
Modified framework of my ULRS oscillator. -New Cloud Visualization -New Algorithm PM me for access.
Momentum vs. price divergence. Sell signals on bearish divergence, buy signals on bullish divergence . Indicator includes an RSI filter, alert-conditions and lots of other configuration options. There is also a TradingView strategy available to backtest everything!
Momentum vs. price divergence. Sell signals on bearish divergence, buy signals on bullish divergence . Strategy includes an RSI filter, limit the time-range for back-testing and lots of other configuration options. The below example uses stop-losses. There is also a matching TradingView study with alert-conditions available!
This are candels using 20 period Linear regression of close ,open, mim, max. Lime color if close > open and close > of last previus close. Red if close<open and close< of the previus close. Blue candles if none of the condition are meet. Pay attention at the reletion between body and shadow
This is an update to my script: Stefan-Krecher-Jeddingen-Divergence/ The behaviour is exactly the same, I just added the option to create alerts based on this indicator
ORDINARY LEAST SQUARES Slope by @XeL_Arjona Ver. 1 by Ricardo M Arjona @XeL_Arjona 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...
BUY & SELL PRESSURE by Regression Analysis at candle price/volume (Rate-Of-Change) Ver. 3 By Ricardo M Arjona @XeL_Arjona 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...
Standard Error of the Estimate - Code and adaptation by @glaz & @XeL_arjona Ver. 2.00.a Original implementation idea of bands by: Traders issue: Stocks & Commodities V. 14:9 (375-379): Standard Error Bands by Jon Andersen This code is a former update to previous "Standard Error Bands" that was wrongly applied given that previous version in reality use the...
EXPERIMENTAL: Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes) this indicator can also be used for convergence/divergence. (accidentjev2) added multi timeframe support (indicator may repaint values)