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...
Update for Crayons 0.2 Crayons is early onset hyper customizable trend reversal trading suite There is some big changes for Signal and Pivot generation and its set as Default mode so in case of nostalgia for white noise there is an option to "rollback" placed at the top of input menu As always- hyper customizable Every singal core crayon signal group will be...
NEO" is a countertrend Algo designed to identify potential pivots , take profit areas, and trend reversals. "NEO" also has an additional trend-following feature for more traditional signals.
"NEO" is a countertrend Algo designed to identify potential pivots, take profit areas, and trend reversals. "NEO" also has an additional trend-following feature for more traditional signals.
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below. To reduce the number of...
You have to have a defined trading plan and you also have to believe it. For this, it is necessary to have coordination and harmony between the conscious and subconscious part of the individual, That is why it is so difficult for most retail traders to be profitable ĐΜŦ is designed to identify spots in the market that offer some of the most suitable buy and...
What is a divergence? In the case of strength and momentum indicators, it is when the price deviates from the movement of the oscillator, it can have significant implications for trade management. Divergences in an uptrend occurs when the price makes a higher high but the indicator does not. In a downtrend, divergence occurs when the price makes a lower low,...
The linear regression indicator is used for trend identification and trend following in a similar fashion to moving averages. Best time frames to use the indicator: H1/H4
Testing "Trend is your Friend" indicator on the top 10 stocks in ASX300 for this year 2018-2019 Let's see how this indicator performs. If indicator works there should be lots of buy and hold during up trend then sells at momentum reversal near the peaks of prices to maximize profits. Buy and hold (uptrend) = green triangles; Sell (downtrend)=pink triangles. This...
Volume Impact (The area) Average Volume (The thick line, xTrigger) Volume Impact = Volume Chance - Average Volume It provides very reliable buy sell signals. Buy(green) when increasing, sell(red) when decreasing. Volume Impact might drop before the actual price so it has an early warning potential. Before trend changes volume average diverges from the prices....
Trading is not all about scalping/day trading. To have a healthy and diversified portfolio, you should always have some trending long term assets to mitigate risks and keep your wallet always on the green side. That's why Hypester once again innovates with the Ultimate Trend Analyzer. With the UTA you can check the trend's health with one glance. Do not fool...
TF is an algorithm that solves one of the big unknowns of any trader, the direction where the prices of the asset will go. TF is based on the analysis of sentiment and other macro economic factors that influence the evolution of present and future prices of almost any asset. The algorithm performs the necessary calculations and draws a a lower indicator of green...
Script used to identify the 2 week high and low. This helps in identifying trend reversals.
TR detector: Trade with the trend not against it. This indicator will warn you in advance before the market changes its direction.
This indicator was originally developed by Donald Dorsey (Stocks & Commodities, V.10:6 (June, 1992): "The Mass Index"). Specially for @AlexMayorov : If indicator reaches 27 and then falls to below 26.5 then it could be a signal of potential trend reversal.
Hi Traders, Bear vs Bull Trend indicator helps you to determine the trend direction easily. Using this indicator, you will not need to look for the cross-over anymore. You can simply choose your favorite Trend detection indicator from the properties (sma, wma, ema, linear). I usually use Linear trends. Disclaimer: All the information in this article, including...
This indicator show classic fractals and patterns of force long or short if they are on the top or on the low of a x candles, so they try to anticipate the inversion of the trend. The purple arrow indicate the fractals and the blue indicate the pattern for the inversion of the trend. For the targets and the stop we need to use Fibonacci extentions modificate with...