Synergy Stats
This indicator is intended to complement the Synergy indicator. It provides the following statistics:
A percentage showing how often the two assets move in the opposite direction over a given lookback period.
Similarly, another percentage showing how often the two assets move in the same direction over the same lookback period.
Count the...
Synergy
This indicator was developed for use in an investigation/tutorial using Pine Script to analyse Gold and US Dollar Index correlation.
The first indicator shall measure the percentage change between the open and close of each bar and compare it to the same percentage change of an alternative asset. Additionally, we shall color the background when the two...
EMA and MA crossovers are good signals fo trend reversal
You can look at my other scripts.
www.tradingview.com
If you want to ask something, you can message me.
This indicator evaluates the trend based on crosses of two McGinley moving averages. It paints candles accordingly (it does not repaint), so you can see what the indicator is saying more clearly and stay in your trade until you see a period of consolidation or a reversal. You can control how far away those moving averages need to be for you to consider it a trend....
Trading The Movements That Matters
Inspired by the Price Volume Trend indicator the Efficient Price aim to create a better version of the price containing only the information a trend trader must need.
Calculation
This indicator use the Efficiency Ratio as a smoothing constant, it is calculated as follow :
ER =...
A derivation of the famous SuperTrend indicator.
My motivation for such indicator was to use more recursion in the original SuperTrend code, this work was made quite fast but feel free to modify it, as always my work is more for inspirational use than anything else so i hope it will inspire you to get more involved with the SuperTrend code or to start coding...
An EMA is applied to the ADX in order to catch the exhaustion of a trend (i.e. ADX line crossunder EMAADX line) or the possible formation of a new one. In the first case, we would wait a confirmation signal, which happens when the crossunder has a value greater then 50. A new trend is created when the difference between the ADX and the EMAADX is positive, with ADX...
Trend Score compares close prices between last close with previous closes by a certain period of time.
It's like momentum but gives a score +1 when close price is equal to or above (defaultly) 10 bars ago and gives a score of -1 when below.
calculation continues from default length to the 2 times of length.
Defaultly (for 10 bars length)
If Trend Score converges...
Ok this script is the improvment of last model it has take profit for long and short + stop loss for both
and the regular sugnals for buy and sell
just set the parameters correct for your design
have fun
Based on Rick Santos ' Swing Charts V1 Darvas Box V0.1'
However I have migrated script to pine version 3, customized to suite and added a higher number for the trend count
The strategy consist in every time that price failed to break any of the EMAs, we need to wait for the right price action and make a buy or sell when it bounce from it to keep surfing on the trend (using the stochastic oscillator and the 5-13 EMAs cross as an additional confirmation).
When do we start looking for a change on the trend? When it repeats the blue...
The indicator is taken from Alexander Elders "Triple Screen System," minus using the Weekly MACD as a filter/trend. I believe waiting for the force index and the weekly MACD histogram to line-up is uber conservative and a trader will miss too many signals (In my opinion).
The indicator is for a pullback trader. A trader that waits for a trend to develop then...
This indicator was originally developed by Markos Katsanos (Stocks & Commodities, V.36:12 (November, 2018): "The Stiffness Indicator").
Like and follow for more open source indicators!
Happy Trading!
This indicator was originally developed by Stephen J. Klinger (Stocks & Commodities, V.15:12 (December, 1997): "Identifying Trends with Volume Analysis").
NOTE : this is the only correct version of Klinger Volume Oscillator in the public library.
Like and follow for more open source indicators!
Happy Trading!
A derivation of the Kalman Filter.
Lower Gain values create smoother results.The ratio Smoothing/Lag is similar to any Low Lagging Filters.
The Gain parameter can be decimal numbers.
Kalman Smoothing With Gain = 20
For any questions/suggestions feel free to contact me
![FB: Pullback Trading [Fhenry0331]](https://s3.tradingview.com/i/iZtGlYkC_mid.png "Pullback Trading [Fhenry0331]")
