An EMA is applied to the ADX in order to catch the exhaustion of a trend (i.e. ADX line crossunder EMAADX line) or the possible formation of a new one. In the first case, we would wait a confirmation signal, which happens when the crossunder has a value greater then 50. A new trend is created when the difference between the ADX and the EMAADX is positive, with ADX...
Trend Score compares close prices between last close with previous closes by a certain period of time. It's like momentum but gives a score +1 when close price is equal to or above (defaultly) 10 bars ago and gives a score of -1 when below. calculation continues from default length to the 2 times of length. Defaultly (for 10 bars length) If Trend Score converges...
Ok this script is the improvment of last model it has take profit for long and short + stop loss for both and the regular sugnals for buy and sell just set the parameters correct for your design have fun
Based on Rick Santos ' Swing Charts V1 Darvas Box V0.1' However I have migrated script to pine version 3, customized to suite and added a higher number for the trend count
The strategy consist in every time that price failed to break any of the EMAs, we need to wait for the right price action and make a buy or sell when it bounce from it to keep surfing on the trend (using the stochastic oscillator and the 5-13 EMAs cross as an additional confirmation). When do we start looking for a change on the trend? When it repeats the blue...
The indicator is taken from Alexander Elders "Triple Screen System," minus using the Weekly MACD as a filter/trend. I believe waiting for the force index and the weekly MACD histogram to line-up is uber conservative and a trader will miss too many signals (In my opinion). The indicator is for a pullback trader. A trader that waits for a trend to develop then...
This indicator was originally developed by Markos Katsanos (Stocks & Commodities, V.36:12 (November, 2018): "The Stiffness Indicator"). Like and follow for more open source indicators! Happy Trading!
This indicator was originally developed by Stephen J. Klinger (Stocks & Commodities, V.15:12 (December, 1997): "Identifying Trends with Volume Analysis"). NOTE : this is the only correct version of Klinger Volume Oscillator in the public library. Like and follow for more open source indicators! Happy Trading!
A derivation of the Kalman Filter. Lower Gain values create smoother results.The ratio Smoothing/Lag is similar to any Low Lagging Filters. The Gain parameter can be decimal numbers. Kalman Smoothing With Gain = 20 For any questions/suggestions feel free to contact me
A One Dimensional Kalman Filter, the particularity of Kalman Filtering is the constant recalculation of the Error between the measurements and the estimate.This version is modified to allow more/less filtering using an alternative calculation of the error measurement. Camparison of the Kalman filter Red with a moving average Black of both period 50 Can...
Hello, as usual recently the chart is bugged if I dare post a log one so I deleted and reposted... here is a simple ema/team script that could allow you to catch trends. You can play with parameters to get alerted of strong trends, or to detect trends early on. I want to adapt this to an inside bar strategy, I am going to release that in a while, it is not...
This simple indicator paints the zone between up to 3 different Moving Averages and Exponential Moving Averages. For example: The green zone is the price between the 50 EMA and the 50 MA . The orange zone is the price between the 100 EMA and the 100 MA . The red zone is the price between the 200 EMA and the 200 MA .
The trend is your friend. Works well on 2hr TF which shows 30+60 ema from 8hr and Daily TFs. Use a higher TF momentum indicator such as TRIX to confirm.
A variation on the Auto-Line indicator, we allow it to get closer to the price thanks to a drift , this also allow the line to be more directional . This indicator can be used with moving averages using crosses as signals or as a band indicator by ploting a + dev as the upper band and a - dev as the lower one. For any help or suggestions feel free to send a...
"The Aroon indicator is a technical indicator that is used to identify when trends are likely to change direction. In essence, the indicator measures the time it takes for the price to reach the highest and lowest points over a given timeframe as a percentage of total time. The indicator consists of the "Aroon up" line, which measures the strength of the uptrend,...
A simple scalping indicator, based on Highs and Lows. It's working in any timeframe, the only condition is ... volatility . Values are already set, but you can change them according to your preferences and to your chart. Alerts are enabled. Enjoy! @ Zekis