This is a combination of popular overlay indicators that are used for dynamic support and resistance, trade targets and trend strength.
-> 6 Exponential Moving Averages
-> 6 Simple Moving Averages
-> Ichimoku Cloud
-> Bollinger Bands
-> There is also a weekend background marker ideal for cryptocurrency trading
Using all these indicators in...
Overall the D-AMA produced results that were near identical to that of the FRAMA but the D-AMA is a slightly faster average.
It is very difficult to pick between the FRAMA and the D-AMA but becuase the FRAMA offers a slightly longer trade duration it the best Moving Average we have...
This is an indicator based on the MA rainbow concept. It is possible to choose between 15 or 20 MA's and if all 15 MA's is picked, the calculation will be calculated on 15 MA's and if 20 is picked the calculation is calculated on 20 MA's. The indicator will then be a line which is assigned a value from the calculation based on the MA's. If the line is above the...
The script was designed for the purpose of catching the rocket portion of a move (the edge of momentum).
--When RSI closes over 60, take long order 1 tick above that bar. The closed bar above RSI 60 will be colored "green" or whatever color the user chooses. (RSI > 60)
--On a long position, exit will be a closed bar below the ema (low, 10) . The closed...
The alpha parameter of this moving average decreases with every new bar on the chart, so it will become more slowly and slowly in course of time. Can act like additional support/resistance line but works in an acceptable way on weekly and monthly timeframes only.
EXPERIMENTAL: channel lines based on linear regression and exponential curves (only 3 steps tho) that can be customized to adjust the advance/decay start/middle/end of line plus the lenght of the steps, 2nd step is 4x longer then the 1st.
All the moving averages bewteen 3 and 200 in increments of 5.
with the ability to change colours
and change between simple and exponential.
It provides an easy and fast way to determine the trend direction and possible reversals.
Holt Exponential Moving Average indicator script.
This indicator was originally developed by Charles C. Holt (International Journal of Forecasting 20(1):5-10, March 2004: Forecasting seasonals and trends by exponentially weighted moving averages).
This indicator is a collection of 6 different period Moving Averages. It has support for different time-frame resolution for all of them individually.
Also, it has 11 different type of Moving Average calculation functions:
1. Simple Moving Average (SMA)
2. Exponential Moving Average (EMA)
3. Weighted Moving Average (WMA)
4. Volume Weighted Moving Average...
Another useful script I've been experimenting with. 4 EMA's in one!
Red = 200
Orange = 100
Yellow = 50
Blue = 25
Color coded in order of their respective frequencies.
Right now it's as plain and simple as you can get. Only inputs you can change are the average values.
Will update upon request and popularity.
Happy new year and God bless!