This script uses the Repeated Median (RM) estimator to construct a linear regression channel and thus offers an alternative to the available codes based on ordinary least squares. The RM estimator is a robust linear regression algorithm. It was proposed by Siegel in 1982 (1) and has since found many applications in science and engineering for linear trend...
This indicator will copy a moving average's plot and show whether its angle vector is negative or positive. In other words, it will show when the moving average starts to "accelerate" / "decelerate". To use: Add any moving average indicator to the chart Click that indicator's More > Add Indicator on (MA) Select the Cosmic Angle Gravity indicator
Introducing the Smooth First Derivative indicator. For each time step, the script numerically differentiates the price data using prior datapoints from the look-back window. The resulting time derivative (the rate of price change over time) is presented as a centered oscillator. A first derivative is a versatile tool used in functional data analysis. When applied...
This is the slope of linear regression plotted as a histogram. It has a threshold for the slope in case there is a minimum slope amount that the user wants for it to show green or red. The color shows a dim and bright effect depending on the direction of the slope to better show its rise and fall. You can set the length of the slope in the input setting...
The TMA Slope oscillator is a simple slope of a Triangular Moving Average compared and normalized with the Average True Range of the last 100 periods (default setting). This specific version add 2 triggers to give trading signals according to the slope: - Above superior trigger, the trend is bullish, so trading is “Buy” - Below inferior trigger, the trend is...
The MA is indicating historical cost on the market. This script will help you observe MA with price and slope. This stript is inspired by LEI & LoneCapital. All thanks to LEI.
This is a standard ADX DMI indicator with Background colour and the option to draw the Background colour of the next higher timeframe.
This indicator will show you the EMA SLOPE as a HISTOGRAM. Este indicador mostra a INCLINACAO da EMA como um HISTOGRAMA
It shows the weekly EMA slope as a histogram on any time frame chart.
Hot off the press, I present this next generation "Leavitt Convolutions Multicator" employing PSv4.0, originally formulated by Jay Leavitt, Ph.D. for TASC - January 2020 Traders Tips. Basically it's an all-in-one combination of three Leavitt indicators. This triplet indicator, being less than a 60 line implementation at initial release, is a heavily modified...
EXPERIMENTAL: A helper script to map the Anti derivative slopes.
This indicator tries to identify ranging and trending markets. It measures the angle of a Moving Average in order to filter out ranging markets. The idea is to only enter a trend following trade if the slope is steep enough. In order to create this indicator, I used a strategy script from bennef called "Trend Angle BF" and slightly modified it to transform it...
I took the "EMA_TKP_TREND SYSTEM" and converted it to plot a simple moving average for the "slow moving average".
This script was cannibalized by another member on here (Kudos given in Script). I trimmed down the script and created this to give a visual representation of the changing slope on exponential moving averages.
Introduction A simple oscillator using a modified lowess architecture, good in term of smoothness and reactivity. Lowess Regression Lowess or local regression is a non-parametric (can be used with data not fitting a normal distribution) smoothing method. This method fit a curve to the data using least squares. In order to have a lowess regression one must...
Shows slopes of macd line, signal line and histogram. A negative and rising slope shows improvement within a downtrend. A positive and falling slope shows deterioration within an uptrend.