This indicator highlights points where price significantly deviates from a central level. This deviation distance is determined by a user-set value or using a multiple of a period 200 Atr and is multiplied by successive values of the Fibonacci sequence. Settings Method: Distance method, options include "Manual" or "Atr" Size: Distance in points if the...
This indicator is mainly based on Overbought and Oversold . Indicator for short-term trading. This way you can get small but acceptable signals. The main basis of the indicator is as follows: To buy, the indicator is waiting for the instrument to be oversold from the RSI point of view. Then, if the chart crosses the bottom line of the Envelope indicator from...
buy sell signal this indicator is only for education purpose
// Script created by JoinFree // BuySellSignal for Forex traders the-real-trader.com // Buy Long when you see a Green colour bar // Sell Short when you see a Red colour bar // BollingerBands added for reference
To complete our previous work on breakouts with pivot point-based levels, we introduce an indicator returning pivot point based trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method. The indicator also includes integrated alerts for trendlines breakouts. Settings Length: Pivot...
RSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one. You can use this indicator in 2 different ways: normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart) signal line : when RSI Divergence cross zero line from...
This is a simple scalping strategy that works for all time frames... I have only tested it on FOREX It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA. If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL. If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL. The red line is the...
It gives well combination of Moving average and Bollinger bands with signals
Modified version of Squeeze Momentum Indicator visualizing on Price Chart author: LazyBear, modified by KıvançÖZBİLGİÇ
Stochastic Momentum Index (SMI) or Stoch MTM is used to find oversold and overbought zones. It also helps to figureout whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Green shade in the bottom indicates overbought. Strategy: Enter Long once the Overbought Zone ended and there's a crossover...
// Script created by JoinFree // Modified by lvinnyl to trigger alerts // Click on image below for original script...
Trend Trader The code is open source, what it uses to print signals is MACD cross and ADX. Bar colors change in relation to where price is according to the 50 day MA. The MA ribbon is used for visualizing trend and using it for dynamic support/resistance. The ribbon is comprised of the 50 day and 100 day MAs. Main reason to publish this script is because some...
-This script uses a triple EMA strategy to establish trend direction and reversal points -Inputs are smoothed with Heiken Ashi values to reduce whipsaws, while providing timely execution -Buy and sell indications are dictated by bar color -Bar color is dictated by the candle close value in relation to the EMAs, specifically the faster of the 3 (If candle closes...
MACD = Moving Average Convergence and Divergence Hybrid = Combining the two main MACD signals into one indicator BSH = Buy Sell Hold This indicator looks for a crossover of the MACD moving averages (12ema and 26ema) in order to generate a buy/sell signal and a crossover of the MACD line (12ema minus 26ema) and MACD signal line (9ema of MACD line) in order to...
This great and simple indicator based on EMA generates information about entry points at close of the candle. First signal is the best entry point but you can re-enter at the next. IMPORTANT: this script does not generate exit signals and those shoud be find using money management rules or else. Perfectly catches long runs in trends at all underlayings (forex,...
MULTI-TF AVERAGE BBANDS - with signals (BETA) Overall, it shows where the price has support and resistance, when it's breaking through, and when its relatively low/high based on the magic of standard deviation. created by gamazama. send me a shout if u find this useful, or if you create something cool with it. %BB: The price's position in the boilinger band is...