This indicator plots the moving average described in the January, 1998 issue of S&C, p.57, "Smoothing Techniques for More Accurate Signals", by Tim Tillson. This indicator plots T3 moving average presented in Figure 4 in the article. T3 indicator is a moving average which is calculated according to formula: T3(n) = GD(GD(GD(n))), where GD - generalized...
The Anomaly Indicator is an idea I recently come up with. Its very simple, yet it can be extremely useful. The Anomaly indicator detects the current and general trend channels. When the yellow line which is the current channel, exits the general channel this will usually mean an anomaly. Anomalies can vary within meaning, from a trend reversal, a market change...
Multiple Exponential Moving Average : 7, 77, 231 Bollinger Bands Parabolic SAR
THOMAS ASPRAY'S MACD by KIVANC @fr3762 on twitter drive.google.com This indicator is simply based on MACD HISTOGRAM'S 9 period EMA signal line MACDAS = MACD HISTOGRAM= MACD - SIGNAL LINE of MACD MACDAS SIGNAL LINE = 9 Period EMA of MACD Note: Macd is originally calculated by using SMA but in this version both MACD and MACDAS and their signal lines are...
Reference: Transcription of script taken from TC2000 - forums.worden.com Please let me know if you want me to change the script in anyway, or add new features
ULTIMATE MOVING AVERAGE BY CHRIS MOODY : Modified By : FrancisRosario -- Added : BUY And SELL Signal @ MA Cross
ULTIMATE MOVING AVERAGE BY CHRIS MOODY : Modified By : FrancisRosario -- Added : BUY And SELL Signal @ MA Cross
Script that counts total number of red/green bars on the chart.
Republished: The original script violated house rules by including an external link to Backtest Rookies. Background This is a simple “multi” SMA indicator so that multiple SMA’s can be monitored whilst only using a single indicator slot. It also has a couple of features that let you mix time frames and de-clutter the chart. The code is open for anyone to...
calc_proj - a some calculated value is plotted one bar ahead the current last bar. This was requested here getsatisfaction.com
This is a modification of On Balance True Range where the plot is made on the chart based on VWAP. Getting the previous day values of this logic is useful in determining the major pivot points during the day. The intra day VWAP is also plotted to know if the price is being traded above or below the average price. The script also has a Kalman Filter based moving...
Displaced MA Exponential according to DiNapoli: 3 MAE,3 displacements; 5 MAE,5 displacements; 25 MA, 5 displacement;
Companion script to "Ultimate Smoothed MA" , details in that description. Adapted from Chris Moody's "Ultimate Moving Average-Multi-TimeFrame-7 MA Types" If you'd like to receive alerts on turning points, the conditions in line 96 and 97 can be used for alertcondition.
When using moving averages there is usually a trade-off between lag and smoothness. Multiple formulas have been devised to reduce lag while maintaining smoothness, and each one has its trade-offs. This script, tweaked from Chris Moody's extremely popular "Ultimate Moving Average-Multi-TimeFrame-7 MA types" is another attempt. Added least-squares moving...
On charts with medium or low volatility, this indicator behaves identically to standard Moving Average. On highly volatile charts, this indicator is more stable because the calculation is performed in log space. For convenience, the indicator starts from the second candle (much earlier than regular MA).