Sweet little momentum gadget to track the VIX Index. What is the VIX? The CBOE S&P 500 Volatility Index (VIX) is known as the 'Fear Index' which can measure how worried traders are that the S&P 500 might suddenly drop within the next 30 days. When the VIX starts moving higher, it is telling you that traders are getting nervous. When the VIX starts moving lower,...
"Be fearful when others are greedy, and greedy when others are fearful" - Warren Buffett. Fearzone is a contrarian indicator that gives us an indication when fear begins to take over in the market. Traders should be prepared for increased volatility and good trading opportunities. The Fearzone is visualized with red candlesticks below the price. This...
The Fear And Greed Indicator is a very popular indicator on the Bloomberg platform and since I didn't have actual source code to work with, this is a very close approximation of that indicator. Let me know if you spot any discrepancies with the original and I will do my best to fix them. For buy and sell signals it is pretty straightforward. Just buy when the...
This script presents the real VWAP (Yellow line), in 50 period VWAP (Blue Line) and the 120 period VWAP (Red Line). Additionally, it presents the values of 1 and 1,618 standard deviations of the VWAP of 50 periods. This confirmation allows to visualize the behavior of the price in realicon to the VWAP key indicator that represents the midpoint of the operating...
Logistic Difference Indicator uses logistic function (sigmoid), which stabilizes the variance of data.
This one combines many commonly used indicators and signals into one. 1. EMA lines 2. SMA lines 3. Bolling Bands (EMA based) 4. Ichimoku cloud 5. 3/8, 10/20 EMA crosses 6. 5/10 SMA crosses 7. MACD crosses
updated my on screen options added chris moody's day of the week - added that option so that day range can be seen easily - credit to chris moody. also have favoured EMAS and bollinger band so that 3 indicators can be used on accounts with 5 indicator options. colours can be changed in the script so ones that suit white back grounds or can save a template...
There it is, you can put it on your chart by adding this to your favorite.
The Anomaly Indicator is an idea I recently come up with. Its very simple, yet it can be extremely useful. The Anomaly indicator detects the current and general trend channels. When the yellow line which is the current channel, exits the general channel this will usually mean an anomaly. Anomalies can vary within meaning, from a trend reversal, a market change...
Based on LazyBear 8MA I decided to do something similar for my personal use. I created an "Alligator" which works with 4 EMA lines and without "future" prediction, it will show you the most recent trend only, creating a later call than the original alligator yet a more precise one. Then there are the 3 MA with huge periods, including 30,50,100. This allows the...
This indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken...
This indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken...
Quickly Identify Trends with the Elder Impulse Indicator. Pretty much the same as , but written from scratch to be simpler to use and the source code easier to read (no offense, LazyBear) For more info, see stockcharts.com
Volume Conversion Indicator The volume conversion indicator is much like the in-built volume indicator. This particular volume indicator allows you to find out how much of something has been traded in a given timeframe. This is done by multiplying volume by the average price at that point. What does this mean? Well, say, for example, you were watching DGB/BTC...
This script helps identify indecision candles on for better entries into trade reversals. Note that I don't believe this signal/indicator should be used as a sole basis for entering/exiting a trade. This is simply to help you have an edge in terms of your chart/candle analysis when your brain fails to keep up with your trades.
This indicator drops to EMA on your chart. by default it's using different number of bars to calculate the short and long range indicators per time frame. This system is wildly used by professionals to avoid false reading on market's trend and better make decisions. Remember, the crossing of these two indicators should not be used for getting a signal. Instead,...
This study project is an updated version of the implementation of the "Stochastic False BAR" indicator. Description: The standard Stochastic buy/sell indications come from Stochastic crosses about the standard overbought/oversold zones (80/20). This does not always work and you get stuck in the OB/OS zones with a trend continuation. Utilising a second much...