QQE of Parabolic-Weighted Velocity is a QQE indicator that takes as its input parabolic-weighted velocity calculation. This version can help in determining trend. Adjust the calculating period to your trading style: longer - to trend traders, shorter - for scalping. What is Qualitative Quantitative Estimation (QQE)? The Qualitative Quantitative Estimation...
This one is a very random indicator but with an excellent concept. Unfortunately, I don't know much about the origin of this indicator or who made it. Still, the first appearance was around 2004 on a Meta Trader forum. There are a lot of variations of the J_TPO indicator. One of them is the J_TPO Velocity. The difference from the original version is that it uses...
I wanted to test the pullback strategy shown by TradePro and 5 minute scalping channels on the YT. So here it is, worked on USDCHF pair best and not so much on other forex pairs on 15 min or 5 min charts as shown in strategy. Entry rules for Long: Price above EMA200 or G channel as trend filter Donchian trend ribbon in retracement or red in color Wavetrend cross...
Why is the indicator called 'wind Vane'? Because in this indicator, the trade is entered according to which side the price cuts the EMA that you will determine. For example, if we have chosen EMA_X as 13, if the price cuts ema13 up within the tolerance you specify, it enters the LONG transaction, if it cuts down, it enters the SHORT transaction and closes the...
(My goal creating this indicator) : Provide a quick way to check the current momentum of multiple timeframes. The Smart Momentum Chart was intended to be a live trading tool that should be used when a trader has already defined his edge and no longer needs the past Momentum data. The Underlying Concept What is Momentum ? The Momentum shown is derived from a...
This indicator is very strong in identifying short-term trends, and was made for trading stocks and commodities. When it is green, it indicates an uptrend, and red indicates a downtrend. The transparency of the columns illustrates the strength of the trend, with transparent columns indicating weakness, while solid columns indicate strength. Basic Explanation of...
(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account. The Underlying Concept : What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When...
Dark Mode is enabled by default for black theme disable Dark Mode for white theme MACD frontSide backSide =================== an elegant, much better way to use MACD for trend following momentum ( aka momo) style MACD with default settings of 12/26 smoothing of 9 ✔️ but without histogram ✔️ only has MACD and signal "lines" green = frontSide momentum...
My goal creating this indicator : Provide a way to see the Past and Current Momentum of multiple different timeframes without using multiple charts. The Underlying Concept / What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish...
Andean Scalping Implementation - BETA - Uses Andean Oscillator: alpaca.markets - Implements a threshold moving average (SMA 1000) on the Andean Signal line at 1.1 factor to filter out small moves - TP/SL using ATR bands at 3x multiplier
Aroon Oscillator (AO). The Aroon Oscillator, was developed by Tushar Chande, in 1995, to highlight the start of a new trend and to measure trend strength. I re-branded a bit the whole thing, If you are familiar with how this Oscillator usually is, you are going to notice the differences. Aroon Oscillator Components. 1 - Aroon Up -> Bullish Directional...
Indicator for trading volatility. It includes many options such as: - up to 3 customizable bollinger bands - the famous magic bollinger band (only in UT 5min) (I will work on this option to make it even more perfectible) - up to 5 customizable moving averages (with the possibility of putting a colored backround during crossings) - up to 3 customizable exponential...
MACD indicator with zero lag. (formula calculated so as to be as close as possible to the price reaction). In addition, you can add a background that will give you the key buy and sell zones (the first based solely on the MACD ZR, the second on a Momentum system and finally the ultimate zones include the MACD and the Momentum) . This indicator is not a buy or...
hello Traders ! Inspired by the indicator Range Filter Buy and Sell 5min by guikroth , namely calculation and works price movement range filter . And Inspired by the indicator by the indicator VuManChu Cipher B + Divergences by vumanchu namely calculation and working out divergences and convergences , i was inspired to create a strategy . This is indicator -...
This indicator compares Bitcoin's market capitalization (based on distribution) with the market capitalization based on the price at which Bitcoin was actually traded. This indicator utilized the fact that if Bitcoin's mining volume and price increase rate do not show an appropriate ratio , for example, the increase in bitcoin mining volume is weak, while if the...
Relative strength rank is a momentum indicator based on combination of short and long term strength combined with ATR to adjust for current volatility. The Multi timeframe version long with signals only above or below +1 and -1 provide quite reliable signals and entries for pullback levels. The RSR signal has been smoothed with EMA.
RSI Hull Trend is a hybrid indicator with RSI of HULL Signal. The Hull MA is combined with RSI to see if the Hull MA Buy/Sell Signal is in overbought or oversold condition. Buy Sell Signals are plotted based on settings of OB/OS or RSI. This indicator is very useful to see if the Trend is in Exhaustion or Beginning of a Trend. Entry and Exit conditions can be...
Originally from Goldminds. Later modified by Jakub a Babo. I just added RSI DIV alerts. You're welcome. :) Instruction: once you have have this indicator and press Alt + A to create alert.