Trend Continuation Factor indicator script.
This indicator was originally developed by M.H. Pee (Stocks & Commodities V. 20:3 (58-64): Trend Continuation Factor).
This indicator shows a histogram of the RSI in relation to an ema of the RSI.
The histogram is then smoothed to give early reversal/entry signals.
The actual RSI line with oversold/overbought indication can be displayed or omitted, as preferred.
In addiction to the RSI line or as an alternative to it, the background colour can be set to change folowing the RSI...
Combo of many useful indicators modified to suit dark theme, contains
1)Regular and Hidden Divergence Buy and Sell signals by scarf
2)Time and Money channels by Lazybear
3)Fibonacci Bollinger Bands by Rashad
4)Linear Regression Curve by ucsgears
Thanks for all the creators for the source codes!
This identifies Buy and Sell Points once the period high breaches the SMA High and period low breaches the SMA Low. It produces profitable results greater than 87% of the time. You should still monitor and set up stop-losses as appropriate.
Combo of many useful indicators, contains
1)Regular and Hidden Divergence Buy and Sell signals by scarf
2)Time and Money channels by Lazybear
3)Fibonacci Bollinger Bands by Rashad
4)Linear Regression Curve by ucsgears
Thanks for all the creators for the source codes!
This indicator uses the 21, 55, 100 and 200 SMA.
Strategy:
When the 21 SMA crosses the 55 and 100 SMA it creates either a buy or sell symbol dependent on which way it crossed.
Indicator is obtained by importing RSI(14) into HULL moving average source with 2 different periods, as one is long period and the other is short.
When green line (short period) cross upward the red line (long period) , this is a BUY; vice versa it is a SELL.
When HMA Short Period is set to 1 (one), yielding line is absolutely the same line of RSI (14). You can...
This indicator gives a histogram of RSI in relation to an ema of the RSI.
The histogram is then smoothed to reduce false signals.
The actualiteit RSI line with overbought/overvols signals can be added or omitted as preferred.
The background can be color coded if the RSI is above or below 50.
Version 2. Added support for MTF. Longer timesframes (1h-3h) tend to...
◊ Introduction
I started using this script because of its fast reaction, and good tell for buy/sell moments.
For larger timescales, the overall trend should be taken into account regarding the levels.
In the future i will update this indicator, to automatically adjust those.
This is the Overlay expansion of the Indicator Linked below.
◊ Origin
The Relative...
Combo of many useful indicators modified to suit dark theme, contains
1)Regular and Hidden Divergence Buy and Sell signals by scarf
2)Time and Money channels by Lazybear
3)Fibonacci Bollinger Bands by Rashad
4) Linear Regression Curve by ucsgears
Thanks for all the creators for the source codes!
Combo of many useful indicators which includes fib lines, time and money channels and divergence buy sell signals
Credits for source code:
Scarf, Lazybear, 100kiwi
