This plots a moving average ribbon, either exponential or standard. It provides an easy and fast way to determine the trend direction and possible reversals.
Lime : Uptrend. Long trading
Maroon : Reentry (buy the dip) or downtrend reversal warning
Red : Downtrend. Short trading
Green : Short Reentry (sell the peak) or uptrend reversal warning
To best determine...
Update to previous script.
Raghee Horners Wave and GRaB candles. Now show/hide the EMA "Wave". Paints candles according to close position relative to ema on high, low and close. Buy blue sell red.
This is a 3 EMA visualization tool. Relative momentum across 3 timeframes are rendered as A/B/C waves. Also, helpful in identifying spike/exhaustion bars.
When all the waves are in the same direction, the momentum is very high on that direction. I have made all options configurable, have fun tuning for your instrument :)
Complete list of all my indicators:...
Variable Moving Average, often abbreviated as VMA, is an Exponential Moving Average developed by Tushar S. Chande. VMA automatically adjusts its smoothing constant on the basis of Market Volatility.
Use this like other Moving Averages. I have added the following options that can be enabled via options page:
- Trend Direction Indication: Green = Up trend, Blue =...
This Code Simply Changes the Bar Colors based on if the Bar is Above or Below the EMA.
Inputs via the Inputs Tab:
Ability to change the EMA Period.
Ability to Turn On/Off the EMA Plotted on the Screen
***Note - I used the HLC/3 To determine if the bar/candle is above or below the EMA. This Filters out the Chop and gets rid of many of the False Breaks above or...
This little indicator displays the ratio between the series close and the (default 45) exponential moving average.
The idea is to consider buying when the signal is above 1 and sell, or short if aggressive, when the signal crosses below 1. It strikes me as useful when used in conjunction with the MACD and UCSgears' Linear Regression Slope indicator.
Using such a...
This plots the moving averages, either exponential or standard. When it is declining it shows the MA in red, green when rising.
Trading MA: Bullish when it is rising, Bearish when it is falling
Sling Shot System + Even Better System.
I get this email about a Trend Following System that sells for $1000 but I could get it that day for only $500!!!
I watch the video showing this Amazing System which may have taken me an entire minute to figure out the code.
I code it up. And Hey…It’s not a bad system. It’s good for people who may need a Entry Signal to...
Guppy EMA Trend Based Indicator Requested by 2use
General RULES
1. If Fast and Slow EMA's are ALL in Uptrend. Fast EMA=Aqua Slow EMA's=Green.
2. If Fast And Slow EMA's are ALL in DownTrend. Fast EMA's=Orange Slow EMA's=Red.
3. If Conditions 1 or 2 = False the Color=Silver.
4. If Down Trend Slow EMA's = Resistance.
5. If Up Trend Slow EMA's =...
RSI with EMA Signal Created By Request For @motcha1
@motcha1 Requested the RSI with EMA Signal.
A Larry Williams Follower who says it's a Great
Entry Signal when RSI Crosses EMA When VIX
Is Showing A Potential Bottom. Looks Good!!!
Link to Lower Indicator CM_Williams_Vix_Fix
CM_Ultimate_MA_MTF_V2 - Added Tilson T3
Defaults to Current Timeframe on Chart.
Ability to Plot 2nd Moving Average.
Ability to set Moving Averages to Custom Chart TimeFrame. Example Daily Ma on 60 Minute chart. Many Different Options from Weekly to 1 Minute.
Ability to Plot Cross where Moving Averages Cross (If using 2nd Moving Average).
Ability to Plot Highlight...
Updated vesion of the script including the crossover in the background can be found here:
Trix with a EMA or SMA.
Length: Length of the Trix
Use Ema: True will use an ema, false will use an SMA.
Moving Average: Moving Average used on the TRIX Value.
Histogram Multiplier: Exaggerate the difference between the TRIX and Moving Average.
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