This ATR script is supposed to filter paranormal candles (too small or big) and calculate ATR and percent of average ATR using only average daily candles.
Here I have assembled 3 indicators, SuperTrend + ATR + Ema, to make them fit into one indicator to make things more organized and to save space. Check Script for original Authors of the used scripts. The UI or the indicator is far from perfect as my programming skills are very low :D
this indicator plots the acceleration of the price using the derivatives of RSI. you can use it just like a momentum oscillator to catch divergences, trend direction, breakout direction, etc
this indicator plots the derivatives of the RSI to get more leading sense of direction of the price we know that the rsi shows us the momentum of the price, so the easiest/logical way to interpret this indicator and benefit from it is as follows: - see the price as 'distance' - see the rsi as 'speed' - see the rsi/momentum of the above/'speed' as 'velocity' - see...
Japanese below / 日本語説明は下記 This indicator shows daily volatility in pips for multiple currency pairs so as to compare and identify most volatile pairs of the day. Some traders would prefer to change pairs to trade depending on volatility while some traders would refrain from trading if overall market volatility is less or their favorite pairs are less volatile...
Prof. Snipe is a superadaptive, multi-purpose indicator I developed in order to judge market trend strength and show high probability entry points. The indicator is focused around a zero lag moving average algorithm (SUPER-MA, ), that changes its parameters depending on the volatility (ATR) and trend strength (ADX). If the price (black 3 period MA) is above...
This script is used to calculate angle of Bollinger Bands and also setup alerts. The angle is based on the rules: - if the previous 2 is 1.1, previous 1 is 1, and the current is 1.1, then the angle should be 90 degrees. - if the previous 2 is 0.9, previous 1 is 1, and the current is 0.9, then the angle should be 270 degrees If upper angle is below 90 degrees...
First of all, this indicator only applies to more than bull market. It’s very simple to use. 1. The yellow part represents the short-term price is too high, you can sell some. 2. The black part represents the short-term price is too low, can be appropriate to buy some. 3. You can also add an alert to alert you. Please remember to choose the 4 hour level,...
Position Calculator This is how the position calculator works: To use “Position Calculator” it is required that you know how much capital you want to risk (R). In other words, your R is the total amount you are willing to risk. You also need to know at what price you intend to buy the shares and where you had intended to put your stop loss. Once you have filled...
This is a combination of RSI, Elliot Wave Trend, and SqzMomentum that helps to predict the likelihood of short term buy and sell opportunities and local maxima. Changing color of the line in addition to when the line exceeds or crosses under the threshold lines can act as potential buy/sell signals.
NVME Currency Strength Pro was made to help confirm the trends, to help stay in winning positions longer and to help you get out of losing trades sooner. So why is ours unique? The answer is simple, unlike other currency strength indicators, ours loads in 2 seconds rather than 15 seconds or longer, which will cause less frustration when changing settings. Also, we...
This study is a user-friendly workaround to the BBOE+ (attached at the bottom). I applied Bollinger Bands on BB Oscillator which spend his time bouncing between +100 -100 levels both representing extremes market conditions. You can use it to spot reliable entries/exits opportunities. During an uptrend when the oscillator tends to -100 and the lower BB turn up...
I got the idea for a narrow Donchian Channel with a short lookback period which closely follows the price fluctuation in which the sides of the channel have a thickness according to the range of the last touching candle. Any channel, be it Donchian, Keltner, Bollinger Bands or Parallel, has an upside and a downside, touching the upside is a buy signal as this may...
open data window, pull closing price, store closing price in a variable.
Calculate your position size This simple risk calculator calculates how much you want to risk in total money. This requires you to manually fill in how much capital you have and what percentage risk you want to take. You do this in the indicator settings. The default settings is set to 0. The calculation of the amount will be displayed depending on the currency...
SHORT DESCRIPTION This study is an improved, flexible, fully-customizable version of the one proposed by Steve Karnish of Cedar Creek Trading, who aimed to create an oscillator based on Bollinger Bands , with the goal of spotting divergencies that occurs outside the bands yet providing valuable entries on the crossings trough a smoothed signal. IMPROVINGS ...
Rosebud Trend Indicator uses complex range calculations to easily detect trend changes, critical support and resistance levels, and even aid in spotting reversals. The Critical Support & Resistance Zones are plotted via the red and green cloud. This cloud not only visually displays the expected trend direction but often acts as major support and resistance zones....
This indicator gives you the percentage movement of each candle. Measurements are taken between the candle High point and Low point, and also between the Open and Close and calculated in percent %. From there it smooths out the data with a moving average. This gives you an idea of how much volatility is within each candle given the time resolution of the chart. I...