This crossover system was originally conceptualized by Jurik Research and made public to the world on their website . The indicator consists of the faster Jurik Moving Average (JMA) and the slower Double Weighted Moving Average (DWMA). A long signal is shown when the JMA line crosses above the DWMA line (indicating a possible reversal in trend). A short signal...
This script is an improved version of the RSI indicator, using a moving average on the RSI itself, as well as two other moving averages used to determine the current trend. A small screener indicating the current movement is displayed in the bottom-left zone of the chart: trend (Bullish/Bearish/Uncertain) and status (Impulse or Correction) Trends are simply based...
Heiken Ashi Ribbons is a trend-following indicator which gives entry and exit points for short-term, medium-term and long term trading (using Exponential Moving Averages and Heiken Ashi formulas). OVERVIEW : The Heiken Ashi Ribbons indicator is composed of 3 moving average ribbons (slow, normal and fast) that are computed using the Heiken Ashi formulas. The 3...
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 is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators. When trading with VWMA's, it is common to enter a position when the...
Draws the up and down crossovers of a specified MA Type. # Inputs - MA Type: "sma", "ema", "swma", "vwma", "wma" - Length >=1 - Source - Offset >= 0 - Show cross Up? - Show cross Down? # Open Source The code is open source @ github.com and uses the commonpine library github.com
This is the basic aroon, with a vertical green or red band to highlight bullish or bearish crossovers
This indicator was originally developed by Marc Chaikin.
This indicator was originally described by Joseph E. Granville in his book "Granville's New Key To Stock Market Profits" (1963).
Trend Continuation Factor indicator script. This indicator was originally developed by M.H. Pee (Stocks & Commodities V. 20:3 (58-64): Trend Continuation Factor).