Linear Trend Follower follows 'source' trend using lines within a number of periods ('length') using the last n periods source variation divided by 'length' as line slope. It is delayed by 'length' periods.
◊ Introduction
Introducing VRMI in this script, an RMI based on price movement and volume, to indicate bullish and bearish trends.
This script marks the background depending on RMI <> VRMI , VRMI polarity and large buy/sell sprees.
◊ Origin
Based on 'The Relative Momentum Index' by Roger Altman : February, 1993 issue of Technical Analysis of Stocks &...
52WLow - Plot the moving 52week low of the stocks daily price. Great for giving warning when a stock is close or about to break down to a new low. Best is used with a light red shading below line.
Usando le EMA negli intervalli di Fibonacci 8-13-21-55 hai la possibilità di verificare il trend delle criptovalute.
Spesso le cripto seguono in maniera molto fedele questi indicatori.
Verifica storicamente e se trovi un numero elevato di positivi puoi utilizzare questa strategia per trovare i punti di acquisto e vendita.
Questo script ti mostra gli incroci delle...
Based on LazyBear 8MA I decided to do something similar for my personal use. I created an "Alligator" which works with 4 EMA lines and without "future" prediction, it will show you the most recent trend only, creating a later call than the original alligator yet a more precise one. Then there are the 3 MA with huge periods, including 30,50,100. This allows the...
You can have 3 Moving Averages (customizable) using only one indicator! With them, you can know the general trend, immediate trend and the standard. You can try to operate using the crosses of this Moving Averages.
This indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken...
Taken from an article "The Yen Recused" in the December 1998 issue of TASC,
written by Dennis Meyers. He describes the Recursive MA in mathematical terms
as "recursive polynomial fit, a technique that uses a small number of past values
of the estimated price and today's price to predict tomorrows price."
Measuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR.
However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction.
In fact, I turned it into a momentum indicator...
Used for the same reasons as the typical moving average. The first point is equal to the SMA, but it uses a recursive approach to calculate all subsequent data points.
This indicator finds Mondays and Wednesdays and draws a vertical line, so you can easy do your bias or trend analysis.
Options
You can turn off/on the Wednesday's line.
Script tries to capture the length of trends. It calculates an SMA and then determines the slope of the SMA using a simple momentum function. From there it counts bars from when the slope changed directions last. The lime green line is the count from when the slope changed. The yellow line is the average time of a trend. The white line is "trying" to capture the...
This is the Market Mean index. It is used to identify if the market is really trending or if it is range bound(random). In theory, a random sample will be mean reverting 75% of the time. This indicator checks to see what how much the market is mean reverting and converts it to a percentage. If the index is around 75 or higher than the price curve of the market is...
Like I said previously in the " K.M Trend Strategy (BETA 1.2) " this is the script to set alerts. If you haven't seen the strategy one please search it. Please look at the strategy post to see more information. Thank you.
Buy Alerts = P (greater then) B
Sell Alerts = P (less then) B
Sincerely,
Kevin Manrrique
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