@CRYPTOSLIFE This script creates a Momentum Composite Indicator (MCI) that combines four different momentum indicators: RSI, MACD, Stochastic Oscillator, and Rate of Change (ROC). Each of these indicators is calculated, normalized, and then combined with equal weights (25% each) to create the composite indicator. The script also includes a color change based on...
Description: MOM-LRC is a powerful technical analysis indicator designed to provide traders with signals based on the momentum of an asset's price and its deviation from its mean value. The indicator calculates the exponential RSI and uses a custom function to determine the percentage change from the mean. The upper and lower bands of the momentum channel are...
This is a predictive indicator which count bars upon rules and tries to predict the price reversals... Numbers occuring above the bars tells you: Green Numbers from 1 to 9 tells us there would be a possible SELL signal after the number 9 and if it's M9 that signal could be a stronger one. 1 from 9 must count consecutively and controls the situation that...
Giga Kaleidoscope GKD-V Jurik Smoother is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense...
Prices can go up or down or falter in their movement. This code evaluates this by looking at two consecutive bars or sets of bars. If you put the set size to 1, the current and previous bar is evaluated. If put to 2, the last2 and the 2 before these are evaluated. Default is 12 because this seems to coincide with trend changes. This code provides an advanced way...
Inspired by Linda Bradford Raschke. Entry criteria: This strategy is used to capture momentum effects on the daily periodicities. Once prices have had a run of 8 or more consecutive closes above or below the 5-period simple moving average the strategy is primed to trade. It will then enter a short on the first close above the 5sma after a run of 8 or more...
Multiple Standard Momentum The momentum indicator is a technical indicator that measures the speed and strength of the price movement of a financial asset. This indicator is used to identify the underlying strength of a trend and predict potential changes in price direction. The calculation of the momentum indicator is based on the difference between the...
This script quantifies the energy in a price move by comparing the relationship of 3 configurable exponential moving averages present on a slightly higher timeframe (chosen automatically based on the charts current period). It uses the closing price by default, but this is also configurable using the Source input. There are a few ways to use the information in...
Thank you for taking the time to read this description. We'll be taking a look at the Broadview Economic Studio. This has been a work-in-progress for years and is a very powerful tool for planning trades with complex volume scaling strategies. We will be talking about many indicators and types of indicators used in the public domain, but it is NOT recommended to...
The indicator calculates the momentum of bullish and bearish based on the average true range and the highest highs and lowest lows of the historical price. The indicator displays the strength for either taking a long position, or a short position. The simplest way to use the indicator is to take a long position when the M+ line crosses above the 0 line....
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 11th one is an automated version of the "Magic Trading Strategy : Most...
Arron Meter With Alerts is an indicator to identify the trend, and a meter shows the percentage of AroonUP and AroonDown. Alert Settings It will be part of a display of bullish and bearish signals by using the condition of the upper line cross lower line and HMA 200 cross under/over EMA 12, and also upper/lower line must be higher than 70%
Giga Kaleidoscope Momentum Breakout Bands is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No...
Giga Kaleidoscope LSX on LMA is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex)...
Momentum Deviation Bands uses a variation of standard deviation. Instead of using price to calculate standard deviation, this uses momentum. This is another type of volatility that will be used in future indicators. This indicator serves more as an educational tool, but can also be used in trading. You can read about the included moving averages here: ...
What is this Indicator used for? Made specifically for GRID Bots note: before continuing... this indicator works on any timeframe, but it WORKS BEST ON THE 15 MINUTE TIMEFRAME Straters and Forex Master Pattern Value Line Traders use this to help determine when the price could reverse. This indicator is a scalping indicator that produces signals when a...
Giga Kaleidoscope Double Smoothed Stochastic of Momentum Confirmation is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic...
The Multi SMI Ergodic Oscillator (Multi SMIEO) indicator can be used to identify potential buy and sell signals based on the relationship between the TSI and EMA lines. The script is creating an indicator that plots multiple (3) sets of Time Series Indicator (TSI-Indicator) and Exponential Moving Average (EMA-Signal) lines as a single indicator. The TSI is a...