Original Wilder's ADX and DI +/- (calculated with the 1978's original formula from Wilder's MA and not with the simple moving average, like almost all ADXs)
I changed the aspect for a nice and easy view
Black/yellow dashed line - threshold
Light blue line = ADX
Blue background - ADX above threshold
Yellow background - ADX bellow threshold
Green line - DI +
Red...
Choose the levels for bullish and bearish trends. Options range from .1% to .3%/-.1% to -.3%, depending on the market. The color of the histogram will help to quickly identify the RAVI trend direction.
Green = Trend is bullish
Red = Trend is bearish
Gray = Trend is ranging
If histogram changes from to gray, the most recent trend has ended. If histogram...
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...
just another version of the tradingroomapp 100/7 ema crossover.
i thought id build this one off the main overlay in its own box below.
as you can see here with gvt it confirmed the major correction was over and is now in another one following a decent run to 0026.
a cross and close above would signal the next wave is in play.
credit to chris moody for the coding
Hades Indicator is a good swing indicator based on trends
The base of Hades Indicator is calculated from crossing of two moving averages to establish the trend and another two moving averages for entries and exits or longs and shorts.
The rules are simple: go long when background turns green and exit when turns yellow and go short when backgroun turns red and...
Dionysus is a good swing indicator with nice results in any timeframe
Easy to use, you need to adjust the lenght for your needs
Percentlines added for Take Profits and Stop Loss for best results (you can change them as you wish)
Yellow line is the transition from long to shot or entries and exits points
Alerts are enabled
Enjoy!
@ Zekis
Parabolic SAR (PSAR), original made by ChrisMoody and modified by Zekis
Classic Parabolic SAR with few changes:
* Green triangle for uptrend
* Red triangle for downtrend
Alerts are added
These cercles can be turned into a continuous line for a better and clear view
Enjoy!
@ Zekis
"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
This is a beginner script, any feedback is welcome.
It indicates a bull trend with or without volume (yellow and green arrow) and give a buy signal (green flag) once the trend is "confirmed" and the stock became good for the buy market.
I look forward to make this for a bear market as well, but it's not good for now.
Symbols and its meanings:
Yellow Arrows...
Reversal Bars are simple indicators I draw on modified uni renko bars. These simply indicates the bars that "can be" a sign of a reversal or at least a retrace in trend.
This is a test with a simple strategy to buy and sell on those reversal signals.
Keep in mind, all the strategies I am providing are single tool being tested. My methodology is a...
This indicator is a slightly more advanced twist to the commonly used 'CM Super Guppy' and Madrid Moving Average Ribbon (MMAr), if you are familiar with it.
If not, please take a look at the pictures below:
Above is the CM Super Guppy
Above is the MMAR.
Core Difference Between the Zerononcense Double Guppy and the Two Former Iterations
The...
It is a graphical indicator used to identify trends and pullbacks. Through it, it is possible to eliminate the noises and clearly see the smoothed pattern.
How should I use it ? This is just a example to be used with this indicator.
Let's assume that we are looking for sell opportunities.
step 1: identify some (at least 3) positives (green) candles with...
As promised, the updated acceleration / deceleration strategy.
Added switchable shorts (for exchanges with no margin) and more understandable settings.
The idea of the strategy is to look for the distance between the fast and slow SMA. When it decreases, there is a slowdown in price growth and a change in trend, and at the moment it predicts well the breakdowns...
