There are two components to this script: 1. The moving averages that are plotted to visualize the trend 2. The squares plotted at the bottom of the chart are a combination of Trend Detector 3.0's two set of squares. Green = bullish, yellow = undecided, red = bearish. Use on multiple timeframes to help plan out trades.
The indicator is taken from Alexander Elders "Triple Screen System," minus using the Weekly MACD as a filter/trend. I believe waiting for the force index and the weekly MACD histogram to line-up is uber conservative and a trader will miss too many signals (In my opinion). The indicator is for a pullback trader. A trader that waits for a trend to develop then...
Ibiza Island as giving me so much on Holliday With my Ibiza Sunset Strategy. So i decide to share my Ibiza Island Sunset Script !!! Over the year in ibiza i develop a strategy that has giving me much joy Ibiza Sunset its a indicator that tells you when a coin its about to emerge from deep underwater . 1 - Ones u see a buy signal ( Green Triangle UP ) coming...
With this indicator you can check the current tendency of a crypto pair from Bitfinex. It will tell if the market is in bullish or bearish mode. That can be an extra layer of analysis to make your decision. You will see it will swap from red, dark red to green or dark green. The more bright the color is, the more you will see the tendency is strong. PS:...
The default script has: Bolinger Bands, Moving Average and Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts. Please note if moving average SMA (green line) crosses above...
This indicator shows you the trend of the coin or stock of your choice. It works on all time frames and could be used as a secondary indicator while swing or longer term trading. My goal is to add it to strategies or bots to stop them from trading in the red. To use this, add it to your favorites and then go to any chart to use it like a regular indicator. If...
This is a very simple trading system which is measuring the core of uptrends and downtrends using three basic elements: Close price, HL2 price, Pivot price. Depending if the uptrend or downtrend is strong, the buy/sell signals are shown in different colors. The stronger trends are in brighter colors (lime and fuchsia). If the trend just fully changed direction...
See the current trend strength of the market. An additional filter makes trend consolidation areas visible. The color changes there each bar back and forth between green and red. This area was interesting. Would have been a better example: If the filter is deactivated the indicator shows the last measured price trend (green for up and down for red).
Is It Uptrend or DownTrend? Are you lost? Follow the trend with CapnBands :)
A very noisy indicator to detect bottoms and new uptrends. Original idea by ChartArt. First published indicator - constructive criticism welcome. (The indicator is experimental and doesn't work most of the time.) I would describe it as an "coincident indicator". The signals occur at approximately the same time as the conditions it signifies. Rather than...