The Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View.
The components are:
- EMA9 - Exponential Moving Average of 9 days
- EMA21 - Exponential Moving Average of 21 days
- EMA50 - Exponential Moving Average of 50 days
- EMA200 -...
Plots the first time the close price is above or below the colored portion of the chosen MA. The MA's formula is from TradeStation's indicator: "Colored Moving Averages Can Help You Spot Trends" . I modified that indicator with customizations that include: Buy and Sell signals. Each time the current bar closes above the MA, while it's red (bearish), there's a...
Library "Library_Smoothers"
CorrectedMA(Src, Len)
CorrectedMA The strengths of the corrected Average (CA) is that the current value of the time series must exceed a the current volatility-dependent threshold, so that the filter increases or falls, avoiding false signals when the trend is in a weak phase.
Parameters:
Src
Len
Returns: The...
This is a Primo #4 with extra ADX condition to avoid range bound enviroments.
1. ADX must be above 20
2. Price above 50 SMA for long and below 50 SMA for short settings.
3. Short EMA above Middle EMA
4. Pullback and 80 % bounce from Middle EMA within 2 bars
Risk/reward ratio and fund management is eseential, I recomend at least 3/1 and no more than 3 %. Arrows...
Markets tend to mean revert. This indicator plots a moving average from a higher time frame (type of MA and length selectable by the user). It then calculates standard deviations in two dimensions:
- Standard deviation of move of price away from this moving average
- Standard deviations of number of bars spent in this extended range
The indicator plots a table...
Moving Averages are probably the most commonly used analysis tools, and MACD is possibly the first charting indicator a trader gets to learn about.
MACD Basic concept
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Without repeating all the tons of documentation about what MACD does, let's quickly re-visit the MACD concept from a 10-mile altitude (note we're keen on simplifying...
Bender MA Cloud is a powerful indicator that uses two moving averages filtered by standard deviation to create a "cloud" on the chart. The upper and lower bounds of the cloud could be key levels of support and resistance, and the indicator plots lines on the chart that reflects the average price of the stock over a specified period of time. The standard deviation...
This indicator creates a high and low channel of moving average type selected, it also can draw deviation bands based on the channel for a unique representation of squeezes.
Features
Moving average channel displays constant high and low price trend.
Center band displays color representative of trend direction constantly.
High price trend line...
This strategy utilizes two pairs of different Moving Averages, two Volume-Weighted Moving Averages (VWMA) and two Simple Moving Averages (SMA).
There is a FAST and SLOW version of each VWMA and SMA.
The concept behind this strategy is that volume is not taken into account when calculating a Simple Moving Average.
Simple Moving Averages are often used to...
This indicator can be used as a tool to measure the strength of the current trend. It is also trying to achieve to alert traders on when a trend can shift.
In order to achieve this, it uses three simple indicators:
1: 9 Simple moving average
2: 50 Simple moving average
3: Rsi (14)
The moving averages are used to define the current trend of the market, and the...
ENG:
The "aurora borealis" indicator has 2 operating modes. To enable it, go to the settings in the arguments section and check the boxes.
1) In the upper part of settings page you may turn on colored of classic candles by heiken ashi candles color. All high low open and close of candles will stay classic. Only color will change. Also you may find there, a moving...
The Ghost Ninja Moving Average indicator contains three ema averages. These are ema 21, ema 55 and ema 233.
The values of the averages appearing on the screen are adjusted according to their own lengths. If you want, you can change the settings from the "Numbers of bars back" setting.
The 1st moving average (EMA-21) will follow the price and will disappear if the...
I'm a Momentum Trader, following the Indian markets, Mark Minervini and William O'Neil follower.
User Settings
Inputs tab
EMA option for Table - It compares the current price of the symbol to its key EMA's and calculates the rate of return to make it easier to track the performance of the symbol. It Helps you to identify how far the price is from its...
Trend Slope Meter
This indicator measures the slope of the trend defined by a moving average or an external source. The slope is calculated by the change of price in ticks for a defined number of bars divided by the number of bars.
Settings
Source - Default: close price. Used to calculate the moving average as basis for slope measurement. Can be an...
Core to this indicator is the rate at which DI+ and DI- are moving away or towards each other. This is called The Rate of Change (ROC). The ROC length dictates how many bars back you want to compare to the current bar to see how much it has changed. It is calculated like this:
(source - source /source ) * 100
This indicator has 4 values in the status line:
...
this indicator serves to differentiate the classic type Line and source of Alligator
There are the classic inputs for the 3 lines ( Jaw , Teeth and Lips ) in addition to the choice of the normal source and the type of line, the choices are:
SMA = Simple moving average
EMA = Exponential moving average
WMA = Weighted moving average
RMA = ...
Description: ALMA with background highlighting, source selection and entry/sell signals depending on price positioning relatively to the ALMA. There are two options: use price at close, or both open and close. When Open & Close is used, both open and close need to be above or below ALMA to highlight, the signal is less noisy but can be more laggy.
This is a...
This indicator uses momentum, emas, macd trend, probability to find the best entry for both long and short positions.
L = Long
When the low goes below the green line (ema fast low), close is above open and momentum is up
S = Short
When the high goes above the red line (ema fast high), close is below open and momentum is down
XS = Exit short at potential...
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