Basic Visualisation of key support and resistance levels.
This script works best on periods of 15minutes or greater.
The strength of the support/resistance are shown through line thickness, and support levels are shown as green and resistance levels red.
This idea is based on the Donchain Channel centre line Price action. When price moves from the highest/lowest point, the price will move to the center line first. At this point, the center line acts as dynamic support/resistance and often price will bounce back up. However, if price successfully breaks the centre line (primary entry condition), then prices...
Oddball indicators for entertainment purposes only. This is best used on daily chart.
Look at the 20 ALMA to gauge likelihood of stock following its up or down gap.
- if above the 20 ALMA , follow the gap direction
- if below the 20 ALMA , take counter trend trade
If stock gaps up AND closes higher than it opens, that gain % (close/open) is colored green and if...
This indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
This script idea is designed to be used with 10pip brick (recommended) Renko charts. It combines the Renko price action with a directional coloured EMA (default length 6) and a RMI (instead of the usual RSI) indicator to provide entry and exit signals. RMI is bit like RSI with a built-in momentum factor and works well with Renko.
Signals can optionally be...
This indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe of certain currency pairs, but will work on all timeframes and instruments. The rules are customizable, but the default settings are designed to reflect the rules of Steven's pullback strategy as closely as possible.
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Use this script to see the depths of corrections and also to see how long it has been since a correction.
I published this script because the last time the SNP has gone this long without a 5% correction was 1996 excluding bear markets of course.
NOTE: This script is a 2 in 1. In order to see correction depth only use the first 3 plot settings as...
This moving average is adjusted to give weight to the performance of the 6 largest Cryptocurrencies by market-cap: Bitcoin , Ethereum , Bitcoin Cash, Ripple, Litecoin, and Nem -0.95% Coin. The use of this indicator is to observe divergence between the price of the underlying asset (the crypto-currency you are interested in trading) and the rest of the...
Changes the solid colored candles based on the price action around the Arnaud Legoux Moving Average. Please modify / improve and share with the community.
