Abbreviations: EMA - Exponential Moving Average SMA - Simple Moving Average WMA - Weighted Moving Average VWMA - Volume-Weighted Moving Average TP - TimePeriod (1m,2m,5m,1h....) TP Steps - 1m,3m,12m,1h,5h,D (This steps i use) Use-case: Moving Average Exponential is a good indicator of Support and Resistance Level. Giving us average price level in...
Alpha Bands, this is a new idea I've been playing with recently in all my indicators. In layman terms we are here using mult to multiply length of the plot to replicate effect of multi time frame plot. Under the hood it is basically fast ma crossing over slow one but with this simple multiplier introduction is able to give it properties of higher TF ma's but...
Hello folks! In my search for new ways to get faster and better market responses, I found this brilliant Indicator here on Trading View. I rewrite all the code with my own functions and styles. So... This is my adaptation to excellent script "Momentum adjusted Moving Average by DGT" from the user dgtrd In dgtrd's words: "A brand new Moving Average,...
* Bollinger Bands Wide & Narrow apply a Simple Moving Average (SMA) on Bollinger Bands Width with same period of middle bands to regconize the bands are widening or narrowing. * "Bands Widening" is marked by green shade. * "Bands Narrowing" is marked by red shade.
This indicator draws 3 exponential moving averages. It is coded according to the concept of pivot-based exponential moving averages. It visually reveals value opportunities during trending markets. The moving averages are constructed based on pivot/typical price. Typical price = (H+L+C)/3 There are 3 groups of exponential moving averages calculated using a...
The daily and weekly simple moving averages (SMA) are displayed in all timeframes. The SMAs can be used for support and resistance. The lines of the past 50, 100 and 200 days and weeks are considered strong supports and resistances. The daily lines are yellow and the weekly lines are green. The thicker and more visible a line is, the more important it is in the chart.
A simple yet powerful way to filter out choppy ranges or sideways moves without missing out on good trades It calculates the %-distance of the price to a moving average so you can ignore buy/sell signals around the center line. The upper and lower line are thresholds to catch reversals of the trend when the distance to moving average is increasing. Thanks...
Standard deviation levels to determine if the price is over-extended in the positive/negative direction about the user defined MA line. Historical confluence with the different levels can be used to estimate and predict the probability of a significant price retracement within given time-scale; and to help anticipate if the price is nearing local or all-time highs/lows.
This Script Is a combination of Moving Averages and Macd. The green circles show when the pinbar is above the moving average and has a positive macd, and red circles are the opposite. The upwards/downwards triangles are shown when a candle is on both sides of the ma line, which can indicate a break. Make sure to watch for a confirmation candle after one of...
You can test a two ema / sma strategy changing type of MM and length on settings. If you get a profitable combination you can share it in the comments :)
It's base on EMA and RSI. Default Settings : EMA (H): 55 EMA (L): 55 RIS (50) OverBought: 52 OverSold: 48 Rule For Buy : Ready for BUY when it's cross above 55 EMA (Source is "High", Offset is "0"). RSI Must be amove 52 when the price is amove 55 EMA(H). Buy it. with stoploss. (Stoploss Must be previous cable's low...
This indicator can be used to determine a likely trading range, based on different rsi levels, translated to price points JD. #nottradingadvice # DYOR
This script plots multiple moving averages each source based on its previous MA, all having the same length. Input options: Simple Moving Average ( SMA ) or Exponential Moving Average ( EMA ) One adjustable look back period Choose how many MA's to display, max. 50 One adjustable line width It probably works best for long term views to find trends...
This is an indicator showing the monthly global temperature changes measured by satellite.
This indicator is a huge upgrade to my original MTF MESA Plots are now extremely smooth and accurate on all timeframes ** Missing data points are automatically filled with the "best fit" This is a Trend indicator and should be used to trade "top-down" aka: Start with the Daily chart to confirm a trend Move to 4H 2H Etc... Use your favorite entry...
A new strategy to 'play' with witch uses three moving average lines with user defined length. default settings are Enter long when ma(3) (source = high) crosses ma(9) (source = open) Enter short when ma(3) (source = low) crosses ma(9) (source = open) Enjoy:)
This script is a modified version of the Relative Strength Indicator ( RSI ). While using RSI to trade the markets, the signals generated are very choppy. Approach 1. One way to reduce this noise is to use a higher period for the RSI calculation. (say 20 instead of 14 period). In this approach, the valid signal comes quite late. Approach 2. My unique...
Price tends bounce back from, break through or to hoover around the 50-rsi-line This simple indicator shows resistance levels based on the 50-line of: - the current timefram rsi - the 3 x timeframe rsi - the 5 x timeframe rsi - the 10 x timeframe rsi JD.