Hello All, There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more. The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower...
Hello All, This is Moving Averages Trend Following 3D indicator. The idea is based on direction of MAs and relation between 20 moving averages (5 to 100 period). Option to show different type of MAs: EMA, SMA, RMA, WMA, VWMA. As I haved tested it looks succesful at calculating trend direction and trend strength. For a better look I tried to make it 3D, it...
GBPUSD TREND DETECTION AND BUY/SELL ARROW SIGNALS INDICATOR This script developed for active forex traders and based on Trend Analysis Indicators. It used combination of Moving Averages, Volatility Indicator and Fractals and try to detect reversal points of trends and generates buy/sell signals. Works for all Forex currency pairs and time frames: 15MIN, 1H,...
The Haos Visual is a trend indicator consisting of two WIlliams % indicators. I have added divergences to spot trend reversals within assets, divergences have no repaint and require single candle confirmation. www.prorealcode.com
Developed by Robert Krausz, the Gann Trend Oscillator is a trend-following indicator used to determine the financial instruments long-term price direction.
Hello Everyone. Almost one year later, with Pine version 4, I developed new version of the Divergence for many Indicator. It analyses divergences for 10 predefined indicators and then draws line on the graph. Red for negatif divergence (means prices may go down or trend reversal), Lime for positive divergences (means prices may go up or trend...
The strategy checks nature of the instruments. It Buys if the close is greater than yesterday's high, reverse the position if the close is lower than yesterday's low and repeat the process. 1. If it is trend following then the equity curve will be in uptrend 2. If it is mean reverting then the equity curve will be downtrend Thanks to Rayner Teo.
A trend trading study which allows trend line to work as stoploss level. Take profit and re-entry points have been remastered with trend algorithm.
Trend Bias The NCTA Trend Bias indicator is designed to show traders the overall directional bias of the market. It is excellent in short 1, 3, and 5 minute timeframes for futures traders and short term options traders. Longer timeframes such as the 5, 10, and 30 minute timeframes work well for options traders. This indicator is used by displaying it twice on...
This is my "Simply Trendy RasterChart" using PSv4.0 freely available to ALL! Simply Trendy, shown with the multiple color schemes on the bottom portion of the chart, is an indicator that differentiates with color between trending moments up and down, but is also effective at identifying trend reversals clearly. The bottom of the indicator is most reactive and...
Simple Pivot Reversal Strategy with some adding settings. Date Range: To test over specific market conditions. Initial Capitol: $10K - This is a more realistic representation of funds used this strategy (for me anyway). The default of $100K can give different results (usually better) than when using a smaller balance. Order Size: 100% Equity - These trend...
Cycle Finder The NCTA Cycle Finder is one of three technical indicators that are part of the Profit Flow Analytics. New Cycle Trading and Analytics is a group of traders creating market analytics for traders. The objective is to take complex combinations of multiple technical pattern indicators and present to the trader a simple, single entry signal. The NCTA...
This is a multi-currency-pair trend reversal widget, which picks currency pairs by overbought/oversold level and can be used in pair trading strategy. It shows tradable currency pairs as well as anticipates corresponding trend direction. Currency pairs (CPs) are ordered by importance. The first 5 CPs are highlighted (with blue bars) as majors. The additional 5 CPs...
This script is trading for the false breakout of the trading range. Once the price makes a break out and get rejected back into the range. The signal triggered for the opposite direction.
BOSS PRO TRADING SYSTEM INDICATORS Bullish Uptrend To determine bullish uptrend there must beat least 2 green squares on all three trend meters. This is a great predictor that a uptrend is imminent. You can set alerts for top two meters being green as well as all 3 meters being green Bearish Downtrend To determine bearish downtrend there must beat least 2...
Profit Flow Oscillator The Profit Flow Oscillator is one of two technical pattern indicators that are part of the Profit Flow Analytics. New Cycle Trading and Analytics is a group of traders creating market analytics for traders. The objective is to take complex combinations of multiple technical pattern indicators and present to the trader a simple, single...
Trend Consensus Indicator The Trend Consensus Indicator is one of two technical pattern indicators that are part of the Profit Flow Analytics. New Cycle Trading and Analytics is a group of traders creating market analytics for traders. The objective is to take complex combinations of multiple technical pattern indicators and present to the trader a simple,...
Here's a simple tool for determining long term trend direction using two Volume Weighted Moving Averages (VWMA). The VWMA's emphasis on volume often makes it a better measurement for trend direction than the more popular Exponential Moving Average (EMA). Trend direction is determined by comparing a fast and slow VWMA. The default length for the fast VWMA is 50...