Triple Candlestick Strategy An indicator that helps us to evaluate current and future possible price direction through the background colors. Green for bullish and Red for a bearish market. This indicator shoots signals either long or short depending on which direction the triple candlestick pattern is formed. Three candles up will fire a long signal while...
Comdoll Risk Mode (CRM) helps us to judge the market risk mode either "On" or "Off". This is a sentiment-based indicator that should help one with a glance view over market risk sentiments. It's a cocktail of AUD, NZD & CAD major comdolls with all other major currencies and then averaged their whole values. The bullish trending for the CRM should be taken as the...
TradeChartist PowerTracer Pro is an exceptionally well designed and a functional indicator, requiring minimal user input to trace the asset's Bull and Bear Power. The indicator makes it visually engaging with its intelligent positioning of the PowerTracer Bar, tracking not just the current trend, but also the developing trend using visually easy to understand...
™TradeChartist PowerTracer is an exceptionally well designed and functional indicator, requiring minimal user input to trace the asset's Bull and Bear Power. The indicator makes it visually engaging with its various color schemes and intelligent positioning of the PowerTracer Bar, tracking not just the current trend, but also the developing trend using a...
A simple variation on the balance of power idea, using a weighted moving average and a basic lookback to attempt to predict the motion in the next tick. As far as a trading pattern goes, it's performance is rather conservative, and it is rather noisy as it doesn't do a good job of preventing quick, meaningless trades.
Phantom Trader is a "counter-trend" strategy built to take advantage of non-linear trading ranges and heavy chop zones. Phantom Script is forward-thinking, and will project the next possible reversal zone (PRZ) well head of the move. This script can be utilized for : Hedging Swing...
The Power Trader is an indicator based around the Balance of Power Oscillator. Balance of Power is a price-based measurement that evaluates and compares the strength of buyers and sellers by assessing their respective abilities to push prices to extreme points(both extreme highs and extreme lows). BoP values fluctuate between a maximum value of 100 and a...
The CMI+ is a composite indicator based on numerous other indicators and some special sauce that helps identify imminent directional changes in an asset's price. While CMI+ was designed for crypto assets, it is also quite useful in traditional markets.
Follower-Requested Balance-of-Power Strategy.
This indicator shows you Bitfinex Longs&Shorts charts in one handy indicator. It's fully adjustable to your own prefference. Tipjar : 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 (btc)
Based on Changes: - red bars removed and replaced by silver ones - yellow bar (start of new trend) had been added - more parameters can be set in settings dialogue (SW constants as well)
Uses build-in indicator "Chop Zone" which measures angle of EMA-34. Buy when there are 3 consecutive turquoise bar. Close when there are 3 consecutive non-turquoise bar.
This indicator lets you see when a trend may be exhausted and require consolidation, as well as choppy trading zones. When the oscillator is in the bottom bar, the price is in a chop zone. When it reaches the top bar, it is due for consolidation.
This is another implementation of the Chop index that also has a smoothed chop. Marked for more visibility the extreme and danger zone crosses. Colored areas for better visibility. Added alerts on danger and extreme zone crosses (up/down). !!! Don't use it as RSI to see overbought and oversold
The purpose of this script is to decipher chop zones from runs/movement/explosion The chop is RSI movement between 40 and 60 tight chop is RSI movement between 45 and 55. There should be an explosion after RSI breaks through 60 (long) or 40 (short). Tight chop bars are colored black, a series of black bars is tight consolidation and should explode imminently. The...
This indicator is known as the ‘Zero_n0ncense Balance of Power RSI Extremes’ and it is one of the more effective indicators that I have ever used (in terms of its predictive power). The creation of this indicator relies on a few different principles. Principle #1 At a base level, the Balance of Power indicator was used. This indicator is typically utilized in...
Market Sentiment Indicator Class : hybrid – trend oscillator Trading type : any Time frame : any Purpose : trend detection, reverse points detection Level of aggressiveness : any Indicator «Market Sentiment Indicator» (MSI) is used to detect dominating market sentiments and to search for the points of market sentiments change. Domination of bullish...