lazybear

peterthomasu

Squeeze Momentum from LazyBear now visible at the chart so you can check when the Squeeze its about to release. All credits for him.

LazyBear

Fixed a typo in the code where BB multiplier was stuck at 1.5. Thanks @ucsgears for bringing it to my notice. Updated source: pastebin.com Use the updated source instead of the what TV shows below. This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11). Black...

LazyBear

VFI,introduced by Markos Katsanos, is based on the popular On Balance Volume (OBV) but with three very important modifications: * Unlike the OBV, indicator values are no longer meaningless. Positive readings are bullish and negative bearish. * The calculation is based on the day's median (typical price) instead of the closing price. * A volatility threshold...

LazyBear

WaveTrend Oscillator is a port of a famous TS/MT indicator. When the oscillator is above the overbought band (red lines) and crosses down the signal (dotted line), it is usually a good SELL signal. Similarly, when the oscillator crosses above the signal when below the Oversold band (green lines), it is a good BUY signal. I have marked some cross-overs in the...

LazyBear

One more to add to the Ehlers collection. Ehlers Instantaneous Trendline, by John Ehlers, identifies the market trend by doing removing cycle component. I think, this simplicity is what makes it attractive :) To understand Ehlers's thought process behind this, refer to the PDF linked below. There are atleast 6 variations of this ITrend. This version is from...

LazyBear

This is the volume version of "DecisionPoint Breadth Swenlin Trading Oscillator" DecisionPoint Swenlin Trading Oscillator can be used to identify short-term tops and bottoms. You can read about the interpretation of the signals (& gotchas) in the link below. I have added support for NYSE / NASD / AMEX and also a combined mode. You can specify custom...

LazyBear

Volume Accumulation Percentage Indicator (VAPI) is a variation of the classic volume-accumulation indicators. It uses volume the same way as OBV except that it assigns volume weights based on intraday volatility. In a positive trend, if the stock price is close to a (local) new high, the VAPI should be at its maximum as well (and vice versa for a negative...

LazyBear

Developed by Buff Dormeier, VPCI won 2007 Charles H Dow award by the MTA. VPCI plots the relationship between price trend and the volume, as either being in a state of confirmation or contradiction. Excerpt from article below: "Fundamentally, the VPCI reveals the proportional imbalances between price trends and volume-adjusted price trends. An uptrend...

LazyBear

Variable Moving Average, often abbreviated as VMA, is an Exponential Moving Average developed by Tushar S. Chande. VMA automatically adjusts its smoothing constant on the basis of Market Volatility. Use this like other Moving Averages. I have added the following options that can be enabled via options page: - Trend Direction Indication: Green = Up trend, Blue =...

LazyBear

McClellan Summation Index is a breadth indicator derived from McClellan Oscillator (). The Summation Index is simply a running total of the McClellan Oscillator values. Even though it is called a Summation Index, the indicator is really an oscillator that fluctuates above/below zero. As such, signals can be derived from...

LazyBear

This is a 3 EMA visualization tool. Relative momentum across 3 timeframes are rendered as A/B/C waves. Also, helpful in identifying spike/exhaustion bars. When all the waves are in the same direction, the momentum is very high on that direction. I have made all options configurable, have fun tuning for your instrument :) Complete list of all my indicators:...

LazyBear

RSI bands provide an intuitive way of visualizing how the price movement causes RSI to move with in its range (0-100). Upper/Lower bands signify overbought and oversold levels respectively (Default: 70/30, you can customize them via options page). These bands closely match what Constance Brown explains in her book "Technical Analysis for the Trading Professional"....

LazyBear

This indicator takes market volume and organizes it into wave charts, clearly highlighting inflection points and regions of supply/demand. Try tuning this for your instrument (Forex not supported) by adjusting the "Trend Detection Length". This "clubs together" minor waves. If you like an oscillator-kind-of display, enable "ShowDistributionBelowZero" option....

LazyBear

-- Fixed --- Source: pastebin.com Fixes an issue with "Combined" mode, using wrong symbols. --- Original --- The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows. Readings below 50 indicate that there were more new lows than new highs. Readings above 50 indicate that...

LazyBear

This is a composite oscillator derived from modified 5/10/20 Chande's Dynamic Momentum Index values. Volatility is factored in, by design. Look for OB/OS extremes and divergences. I added the green/red ribbon look to make it easy to read :) More info: www.investopedia.com List of my public indicators: ...

LazyBear

Cycle Channel is loosely based on Hurst's nested channels. Basic idea is to identify and highlight the shorter cycles, in the context of higher degree cycles. This indicator plots the shorter term (red) & medium term (green) cycles as channels. Some things to note: As you can see the red channel keeps moving with in the bounds of green channel. When green...

LazyBear

This is a modified form of PSO (original idea by Lee Leibfarth), to use RSI as the input. This provides a quick response to changes in market direction. This highly sensitive indicator allows for early anticipation of price turns and can be used to establish definitive trading zones that identify potential trading opportunities. Entry/Exit rules are the same...

LazyBear

This is ATR in pips. This was requested by user @ElixiumCapital. ATRPIPs in his words: "ATR PIPs is useful for finding markets with your desired amount of volatility, for example I prefer to trade forex pairs with the highest amount of volatility in the past 5 days, setting the length parameter to 5 days. And setting my stop loss at 25% to 33% of the the...