Halaman 38 | Hasil Pencarian Skrip untuk "gaps"

VWAP Candles Tried making candles of Vwap instead of normal price to see if something interesting would happen. Something interesting did happen as you can see. Looks best in 4h because of reasons unknown. In lower timeframes it looks kinda stupid (moves the same as nrmal vwap). Day or above it looks the same as normal candles. Gaps seem to work as s/r? or at least I've seen price react to those levels. I've also seen a vwap reversal candles show (like dojis, pin bar), while price candles look normal. Could potentially give you a reversal warning? You can also plot indicators like bollinger bands etc on the vwap candles. Just press the little plus.

Gap Line GAP LINE: Plots the cumulative line of gaps to see extremes in psychology. Plenty of Gap-UP's where the Open is higher than the previous bar's close get the market excited. Plenty of Gap-DOWN's where the Open is lower than the previous bar's close get the market scared and depressed. Look for the Gap Line to peak prior to an important peak in the market and vice versa. Look for a low in the Gap Line prior to an important low in the market. Simple, but effective. Tim

UCS_Squeeze_Timing-V3 Another Version with More Features . I am confident enough this works fine now. I am Sure this will be a valuable tool for you guys who love squeezes. ///////////////// This can be further optimized, Let me know with a comment, if you still need this to be optimized. //////////////////// This update includes - Added Options to detect squeeze using Heikin Ashi Candle - Added Options to use BBR or Momentum (ROC) for the Momentum Histogram - Custom Momentum Smoothing time period - Removed the Separate Look back periods for BB/KC - Since it doesn't really make sense using different lengths for KC and BB. HA Closes can be really helpful in trading ETFs like FXE, GLD, FXY, SLV etc, which constantly gaps on daily basis. This helps in smoothing out. And most Importantly it Lines up with the Underlying's Squeeze. [The Next Major Version is currently being Back tested with better timing triggers etc...... That will replace all other Squeeze indicators in the market - Some Major upgrades have been done to the squeezes to read the consolidation is with support or resistance. Also plan on adding best bet entries and pre-breakout signals. So far so good, this recent contradicting trends in daily / weekly in the market is making the indicator hard to work per theory] The delay is because, I do not like to post any script (with signals) without sufficient back testing . I will not post these indicator with signals, unless I am sure it works per my theoretical derivations. - Thanks for Being Patient and all your support. Until then - Good Luck Trading.

Morning Star Automating finding script This is a bullish reversal pattern formed by three candlesticks. The first is a down candlestick with a long real body, the second is a small real body which gaps lower to form a star, the third is a up candlestick which closes above the midpoint of the first candlestick. Patternt is yellow

Evening Star Automating finding script This is a bearish reversal pattern formed by three candlesticks. The first candlestick of the pattern is an up candlestick with a long real body, the second is an up or down candlestick with a small real body which gaps higher to form a star, the third is a down candlestick which closes below the midpoint of the first candlestick. Pattern is yellow

ECO Strategy We call this one the ECO for short, but it will be listed on the indicator list at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator. It is based on candlestick bars, and takes into account the size and direction of the candlestick "body". We have found it to be a very good momentum indicator, and especially smooth, because it is unaffected by gaps in price, unlike many other momentum indicators. We like to use this indicator as an additional trend confirmation tool, or as an alternate trend definition tool, in place of a weekly indicator. The simplest way of using the indicator is simply to define the trend based on which side of the "0" line the indicator is located on. If the indicator is above "0", then the trend is up. If the indicator is below "0" then the trend is down. You can add an additional qualifier by noting the "slope" of the indicator, and the crossing points of the slow and fast lines. Some like to use the slope alone to define trend direction. If the lines are sloping upward, the trend is up. Alternately, if the lines are sloping downward, the trend is down. In this view, the point where the lines "cross" is the point where the trend changes. When the ECO is below the "0" line, the trend is down, and we are qualified only to sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is above 0, we are not allowed to take short signals, and when the ECO is below 0, we are not allowed to take long signals.

ECO (Blau`s Ergodic Candlestick Oscillator) We call this one the ECO for short, but it will be listed on the indicator list at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator. It is based on candlestick bars, and takes into account the size and direction of the candlestick "body". We have found it to be a very good momentum indicator, and especially smooth, because it is unaffected by gaps in price, unlike many other momentum indicators. We like to use this indicator as an additional trend confirmation tool, or as an alternate trend definition tool, in place of a weekly indicator. The simplest way of using the indicator is simply to define the trend based on which side of the "0" line the indicator is located on. If the indicator is above "0", then the trend is up. If the indicator is below "0" then the trend is down. You can add an additional qualifier by noting the "slope" of the indicator, and the crossing points of the slow and fast lines. Some like to use the slope alone to define trend direction. If the lines are sloping upward, the trend is up. Alternately, if the lines are sloping downward, the trend is down. In this view, the point where the lines "cross" is the point where the trend changes. When the ECO is below the "0" line, the trend is down, and we are qualified only to sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is above 0, we are not allowed to take short signals, and when the ECO is below 0, we are not allowed to take long signals.

Indicator: Relative Volume Indicator & Freedom Of Movement Relative Volume Indicator ------------------------------ RVI is a support-resistance technical indicator developed by Melvin E. Dickover. Unlike many conventional support and resistance indicators, the Relative Volume Indicator takes into account price-volume behavior in order to detect the supply and demand pools. These pools are marked by "Defended Price Lines" (DPLs), also introduced by the author. RVI is usually plotted as a histogram; its bars are highlighted (black, by default) when the volume is unusually large. According to the author, this happens if the indicator value exceeds 2.0, thus signifying that a possible DPL is present. DPLs are horizontal lines that run across the chart at levels defined by following conditions: * Overlapping bars: If the indicator spike (i.e., indicator is above 2.0 or a custom value) corresponds to a price bar overlapping the previous one, the previous close can be used as the DPL value. * Very large bars: If the indicator spike corresponds to a price bar of a large size, use its close price as the DPL value. * Gapping bars: If the indicator spike corresponds to a price bar gapping from the previous bar, the DPL value will depend on the gap size. Small gaps can be ignored: the author suggests using the previous close as the DPL value. When the gap is big, the close of the latter bar is used instead. * Clustering spikes: If the indicator spikes come in clusters, use the extreme close or open price of the bar corresponding to the last or next to last spike in cluster. DPLs can be used as support and resistance levels. In order confirm and refine them, RVI is used along with the FreedomOfMovement indicator discussed next. Freedom of Movement Indicator ------------------------------ FOM is a support-resistance technical indicator, also by Melvin E. Dickover. FOM is the ratio of relative effect (relative price change) to the relative effort (normalized volume), expressed in standard deviations. This value is plotted as a histogram; its bars are highlighted (black, by default( when this ratio is unusually high. These highlighted bars, or "spikes", define the positioning of the DPLs. Suggestions for placing DPLs are the same as for the Relative Volume Indicator discussed above. Note that clustering spikes provide the strongest DPLs while isolated spikes can be used to confirm and refine those provided by the Relative Volume Indicator. Coincidence of spikes of the two indicator can be considered a sign of greater strength of the DPL. More info: S&C magazine, April 2014. I am still trying these on various instruments to understand the workings more. Don't forget to share what you learn -- any use cases / ideal scenarios / gotchas, would love to hear them all.

Indicators: Twiggs Money Flow [TMF] & Wilder's MA [WiMA]TMF is a CMF (Chaikin Money Flow) variation that addresses some of the gaps in the original indicator. More info: www.incrediblecharts.com TMF uses true range, rather than daily Highs minus Lows. Also, uses Wilder's MA rather than SMA/EMA. Since I had to write Wilder's MA (WiMA) for TMF, I have published that also as a separate indicator. WiMA is like EMA, but with a different "alpha" value. How to include this in your charts? ----------------------------------------------- - Click on "Share" button (top right on this chart). A dialog box opens up. - Click on "Make it mine" button. This will create a copy of my published chart for you to edit. - You can click on "{}" button next to the indicator name to get access to the source code. - Save it to your CustomScripts library.