description: • Zig Zag indicator plots points on the chart whenever prices reverse by a percentage greater than a pre-chosen variable. • Forecasts area based on zigzag statistics. • Displays labels with detected patterns. • Displays slope information rate of price, time diferentials and angle(experimental)
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Introduction People often ask me what is my best indicators, i can't really respond to this question with a straight answer but i would say you to check this indicator. The Autonomous Recursive Moving Average (ARMA) is an adaptive moving average that try to minimize the sum of squares thanks to a ternary operator, this choice can seem surprising since most of...
a few functions to generate pseudo random values.
Chris Moody's script. I just lessened the line/circle width, got rid of the highlighting overall, and reduced the highlighting between OR high and OR low.
This script shows average absolute values of the open minus close (or largest of open to high/low if option is selected), for each hour of the day. It can be used to find high and low volatility hours for strangles and butterflies. You must have the daily time frame selected for it to work properly. The "mul" multiplier will show "whole pips" (i.e. 10 instead of...
This script tries to identify trending regions and ranging choppy regions. Green areas are trends; Red areas are consolidation areas. If you are a trend follower trader you should focus on green areas; If you are a harmonic pattern trader you should focus on red areas. I did not play with the parameters extensively, but as a rule of thumb higher parameters...
The historical range of an instrument relative to price.
This script just shows a histogram of the daily range. You can change the interval to view the high/low range of any period, but I use it just to see what the day's range is and how it compares to prior days. Simple and straightforward.
This indicator was originally developed by Vitali Apirine (Stocks & Commodities , V.34:9 (August, 2016): "The Middle-High-Low Moving Average"). You can use it to create a crossover trading system in conjuction with EMA/SMA. Good luck!
"This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI . First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount. Next, the filter is...
This one compares the total candle height (Low to High), body size, also top and bottom wick sizes. I really don't know when it would be best to use this, but it gives a 0 baseline to compare candles side-by-side also to compare body size to wick size. *Notes* - The tallest of course is high minus low - whether or not the close is above the open, the body...
Quite simple, this plots the range of each candle (high - low). My main intention for this study is for weekly or monthly NG1! .
Interquartile Range Bands script. This indicator was originally developed by Alex Orekhov at his home. The idea based on the interquartile range en.wikipedia.org If price breaks out from the bands then it is `outlier` price. After breakouts price always returns to its median. Watch squeeze/expansion periods. Anyway use it as a supplement to the other...
Simple script for showing the high/low/midrange of a session. By default configured to do the Daily range using the "regular" session. But it's configurable. For example on this chart I am showing the Weekly range.
This is a twist on my on my Breakout Scalper strategy that limits trading to a user-configurable session Find the original "Continuous" version of the scalper here: The breakout scalper is based on "slow" and "fast" donchian periods. In this version, the "slow" donchian is in fact the Day's high/low. This important difference means that we will always be...
first draft of a breakout scalper which uses a fast and slow window sets up some entry stops and then a trailing exit stop. performs a manual close when going sideways.
updated my on screen options added chris moody's day of the week - added that option so that day range can be seen easily - credit to chris moody. also have favoured EMAS and bollinger band so that 3 indicators can be used on accounts with 5 indicator options. colours can be changed in the script so ones that suit white back grounds or can save a template...