In this chart we can see an adaptation I made of an indicator a certain fellow named nanningbob uses in one of his trading systems. It's a great thing to have, since Forex pairs are mostly ranging markets. It captures price movement very well, and gives realistic take profit levels, without having to risk major drawdown if used wisely. Hope you like it and find...
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 =...
Multiple moving averages system with color coding and hardcoded lengths based on time frame, if you have any suggestions feel free to post or pm.
V2 of previous CFC, added optional bull/bear squeeze. squeeze can get a bit messy on extremely oversold/overbought markets like currently USDJPY in 1 hour timeframe, or any currency on low time frame during high volatility.
This Code Simply Changes the Bar Colors based on if the Bar is Above or Below the EMA. Inputs via the Inputs Tab: Ability to change the EMA Period. Ability to Turn On/Off the EMA Plotted on the Screen ***Note - I used the HLC/3 To determine if the bar/candle is above or below the EMA. This Filters out the Chop and gets rid of many of the False Breaks above or...
This study displays a ribbon made of two moving averages identified by a filled Area. This provides visual aids to determine the trend direction and pivot points. The moving average will be Red if its value is decreasing, and green if it is increasing. When both MA's are the same color we have a trend direction. If those are different then we have a trend...
This little indicator displays the ratio between the series close and the (default 45) exponential moving average. The idea is to consider buying when the signal is above 1 and sell, or short if aggressive, when the signal crosses below 1. It strikes me as useful when used in conjunction with the MACD and UCSgears' Linear Regression Slope indicator. Using such a...
This plots the moving averages, either exponential or standard. When it is declining it shows the MA in red, green when rising. Trading MA: Bullish when it is rising, Bearish when it is falling
Sling Shot System + Even Better System. I get this email about a Trend Following System that sells for $1000 but I could get it that day for only $500!!! I watch the video showing this Amazing System which may have taken me an entire minute to figure out the code. I code it up. And Hey…It’s not a bad system. It’s good for people who may need a Entry Signal to...
DPO with modified formula for percentual values for scale ability trend line and histogram, rest i leave to you to explore..
Keltner Channel EMA based. Use Custom ATR value. Reversion to the mean band from TTM $400+ List of All my Indicators - www.tradingview.com
This indicator calculates 3 Smoothed moving average for default values of 13, 8 and 5 days, with displacement 8, 5 and 3 days. The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security's price with the security's price itself (or between several moving averages).
Elastic Volume Weighted Moving Average (eVWMA) is a statistical measure using the volume to define the period of the moving average. The eVWMA can be looked at as an approximation to the average price paid per share. Multiplier is usually the number of shares, but it can be approximated using cumulative sum of volume (Enable it via "Use Cumulative Volume" option)...
You also need to add a MA30 to the chart and set a timeframe of W on FOREX and others and H4 or D for BTCUSD. Buy: when MA30 changes from downtrend to uptrend, price is over MA30 and magarto indicator shows a crossover in the top. Sell: opposite scenario Update 1: Sorry, for LTCUSD it didn't work. I used the wrong chart when I published it so check it in BTCUSD.