I have recreated a trend following indicator published in IFTA Journal by Bharat Jhunjhunwala. It is mainly to be traded on big timeframes.
For anyone looking into the indicators please have in the source below where logic behing the indicator is nicely explained.
The only thing I added is a T3 moving...
Sorry to all my fans I have been overwhelmed with work and I need a couple of weeks off ... but now I have vacation time and I should be fit in a bit.
This is a for meant for the Apex Trader I very much enjoy and is long overdue.
Looks like the normal implementation of PSAR in TA-Lib is using no start compared to the Standard that TV delivers thus to make the...
Similar to my last TDI but was made with the ability to select different bases for both EMAs / BBs.
Only viable bases as far as i have seen are SMA / EMA / KAMA the rest would need much more research.
Mainly graphical changes for my layout + added coloring for all signals that came to my...
WaveTrend is a smoothed oscillator which enables it to detect true reversals in an extremely accurate manner. The beauty of this indicator is that does not generate signals during choppy sideways markets.
The basic settings are 10 / 3 / 4 these are very aggressive settings, that will generate a lot of signals in all even not so volatile markets. If you need...
Today I am bringing to you my interpretation of the Haos Visual Oscillator with a trend which is derived from two Williams R% indicators smoothed by T3. I have been inspired by this idea in the following post.
Is a pretty unique indicator indeed that due to its smoothing provide nice entries. Your...
This script is for research purposes. I have used the older RSI calculation (not the TV function) and added the possibility to not use only classic RMA for the RSI calculation but up to 17 different MAs. Added BBS basically TDI and Divergences from Libertus. Happy hunting and if you find something useful dons hesitate to share it :)
The Relative Strength Index (RSI) is as a momentum oscillator originally developed by J. Welles Wilder. The indicator is calculated as a Ratio of higher closes to lower closes on a scale of 0 to 100.
If the indicator reaches values above 80 (some use 70 or 75) it means the instrument is overbought and if the values are below 20 (25 or 30) it is oversold. But be...
Well, you know what its Volume but I don't color it based on price but it just stays grey the moment it reaches a critical threshold level it is orange and spikes are very much red.
You can also set alerts on those spikes to make sure you are not missing the action.
The Smooth moving average ribbon script is an enhancement of the script I posted yesterday. But will help you also create a very simple trend-following strategy or a simple trend-following filter.
You are able to select from a large variety of moving averages add Heikin Ashi Candles as a source and also add additional smoothing to every single of the moving...
The Money Flow Index is a volume indicator used for measuring buying and selling pressure. This is done by analyzing both price and volume. The MFI's calculation generates a value that is then plotted as a line that moves within a range of 0-100, making it an oscillator. When the MFI rises, this indicates an increase in buying pressure. When it falls, this...
The goal was to create a nicer cleaner and yet a practical version of the
MFI indicator. MFI or Money Flow Index is a momentum-based oscillator. It is very similar to the RSI but enhanced with
volume in its calculation.
This version of MFI features :
- Cleaner visualization
- EMA Band Ribbon to see the trend without noise
- Long Term MFI smoothed via T3 that...
This script is basically a showcase of what you can graphically do to a moving average.
You have access to
2 sets of 4 moving averages each of those can use HA Candles as a source ( calculated in the script will not repaint if you are concerned with that )
additional smoothing to each set
a multitude of moving average types I am too lazy to type out (...
The Smooth moving average script combo combines the ability to help you create a very simple trend-following strategy or a simple trend-following filter.
You are able to select from a large variety of moving averages add Heikin Ashi Candles as a source and also add additional smoothing to every single of the moving averages.
The Study is equipped with...
Average Directional Movement Index – ADX can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. The ADX is a component of the Directional Movement System developed by Welles Wilder. This indicator on its own does not give you a direction but instead measure the strength of the trend. In general...
The rate of change also know as ROC is a momentum indicator that describes changes over a specific period of time. In general positive values describe for the asset to have a positive momentum change whereas negative values will give a negative momentum change.
You will be able to add moving averages or additionally smooth the ROC to create a more stable...
Simple Script that combines Aroon and Aroon Oscillator with MTF functionality for APEX.
The Aroon also know as Aroon Up/Down will help you determine the trend of the asset of if the asset is ranging. The indicator consists of two lines the AroonDown and the Aroon Up.When Aroon Up reaches 100, a new uptrend may have begun. If it remains persistently between...
The Absolute Price Oscillator is calculated as a difference of two moving averages of an asset and is expressed as an absolute value. It rates the strength of the trend. This Oscillator can be used primarily as a filter for stronger trends or for coin specific strategies.
Values are a coin and Moving average base specific.