PMax is a brand new indicator developed by KivancOzbilgic in earlier 2020. It's a combination of two trailing stop loss indicators; One is Anıl Özekşi's MOST (Moving Stop Loss) Indicator and the other one is well known ATR based SuperTrend. Both MOST and SuperTrend Indicators are very good at trend following systems but conversely their performance is not...
This indicator looks for the highs and lows using the highest / lowest of 4 different periods. The default values are 17, 72, 305 and 1292 inspired by BO Williams phicube fractals. The indicator will show anchored vwaps from those 8 dynamic points (4 tops and 4 bottoms). A true trend is defined when 4 fractals line up without much opposite resistance (only the two...
EN : welcome everyone to MAMMON. I coded this indicator to allow you to quickly and easily identify a price trend, refer to the last color of a horizontal bar, you will have your trend. if your last horizontal bar is red then the period is bearish, if this bar is green then the trend is bullish. MAMMON also includes indications on candles (buy / sell arrow...
This can be applied to Forex, Stocks and Crypto. Understanding it When the buy or sell signal align with the wave, it means the price is heading in the direction of alignment. This indicator is intended to be used as a confirmation indicator for other algorithms for best result. Indicators with specifically tested and chosen settings that have shown to work on...
This Indicator created to help trader to trade Jake Bernstein MAC. It contains following indicators in one pack 1. 8 Bar SMA plotted on Close 2. 8 Bar SMA plotted on Open 3. 8 Bar SMA plotted on Low 4. 8 Bar SMA plotted on High
Based on & modified from popular ATR strategies, This is our very own buy and sell signals system. it should work on any pair, with standard settings, from btcusd , to us30. It does work on most time frames, but with standard settings, i find the best results come from 15m time frames and 4h, along side general charting knowledge, this is a very powerful...
Level: 1 Background A trend reversal occurs when the direction of a stock (or a financial trading instrument) changes and moves back in the opposite direction. Uptrends that reverse into downtrends and downtrends that reverse into uptrends are examples of trend reversals. Function L1 Trend Reversal Indicator is simple but powerful. It can be used as a...
This is an unofficial script for strategies tested on Trading Strategy Testing Youtube channel. Over time, most successful strategies will be added with an option to set strategy-specific alerts . TST Signals & Alerts will draw signals on the chart when the entry conditions are met. You can also opt for displaying indicators . My script is meant for...
Indicator shows the closing range of each bar. Closing range is where the bar closes (high - close) relative to the length of the wick (high - low). A close at the top of the wick would be 100%, middle 50%, bottom 0%. In addition, the indicator multiplies closing range by volume to weight toward high volume days. A simple moving average is applied to visualize...
The Traders Dynamic Index(TDI) is a trend, momentum and volatility indicator. The TDI is comprised of a standard Relative Strength Index(RSI) line, but also includes an RSI signal line, Bollinger Bands of the RSI and adjusted horizontal overbought/oversold levels. This version of the TDI offers the ability to color the RSI line based on RSI momentum. This...
This indicator will alert you after 3 conditions are met. First an EMA cross, second price crosses back into the EMA and third RSI above or below a certain value. Upon these 3 conditions being met you will receive an alert.
A trend following indicator built using kalman filter to smoothen results, it uses oscillators and dma to get direction bias of the asset. Very useful to play long term swing plays. Trade at your own risk no one can guarantee a 100% strike rate!
Level: 1 Background MACD is a measure of changes in the dynamics between short-term and longer-term price averages. The sign (positive or negative) and the size or MACD line represent the interaction between the two underlying EMAs. Function L1 MACD Overlay Indicator is a MACD indicator for main chart. The lime and red color EMAs are the DIFF and DEA signal. I...
This strategy combines VWAP and BB indicators BUY RULE 1. EMA50 > EMA 200 2. if current close > vwap session value 3. check if price dipped BB lower band for any of last 10 candles EXIT RULE 1. price closes above BB upper band STOP LOSS EXIT 1. As configured --- default is set to 5% warning: for the use of educational purposes only
Level: 2 Background One of the biggest differences between cryptocurrency and traditional financial markets is that cryptocurrency is based on blockchain technology. Individual investors can discover the direction of the flow of large funds through on-chain transfers. These large funds are often referred to as Whale. Whale can have a significant impact on the...
Using RSI and 4 exponential moving averages, I created this indicator so that you can spot inconsistencies between price action and RSI. There's a lot of misunderstanding surrounding RSI, most people think if something's 'oversold' buying is a guarantee win. This definitely isn't the case as there's many more variable to consider. In addition, with this indicator,...
DeepL Translation------------------------------------------------------------------------------------------------------------------------------------------- If you compare the positive line to 1 and the negative line to -1, and then add them together, you can see how the shape changes compared to the price chart This is an indicator that I made to look at. It is...