The goal of this study was to use ADX from Higher Timeframe - to determine trend direction
Why? Because ADX is very sensitive, able to show trend ending without any delay, but not in the middle of it.
Being able to see such immediate trend change on higher timeframe, is a great indicator of trend direction.
Adding just security() calls to 'highest', 'lowest' and...
Very simple indicator that allows you to activate:
- up to 3 different Bollinger Bands of same timeframe;
- 1 extra Bollinger Band of a different timeframe than the chart you are looking at;
- up to 2 different Moving Averages of a different timeframe than the chart you are looking at;
- up to 3 extra Moving Averages of same timeframe.
For all MAs you can choose...
The “Smart Volume” developed by apozdnyakov is one of genius way to use multi time frame tool for a beneficiary purpose to improve resolution of value data instead of faking the backtest result. The standard volume data does not give detail information about seller or buyer dominance in the certain periods, so it is just sum of all trades. To improve it, the Smart...
This is a standard Moving Average indicator with options to allow different configuration of daily and week length. All other chart time frame (besides daily and weekly) will be using the default length value.
Default, daily and week length are configurable. Default value of MA source is set to closing price, configurable as well. Here are the default value,...
