This is a very simple utility indicator.
Shockingly nothing similar was available and I really needed something to quickly count period lengths by candles (to make adjustments to indicators based on a desired lookback timeframe), so I created this.
I thought I would share it because chances are if I needed something like this, other people may need it, too....
This is a simple tool designed to help you visualize your stop loss and take profit levels before entering a trade. The tool plots two lines on the chart - a green dotted line for take profit and a red dotted line for stop loss (similar to the price line) - with a simulated default spread of one pip factored in. The indicator has the option to toggle between long...
This script will count the bars back since the last time the current bar indicator value was either this low or this high.
It will provide the time in either, seconds, minutes, hours, days, weeks, months, or years.
There are currently no alerts setup for this script.
the length options only apply to the sources that have the "(MA)" in their...
Counts the word or integer number pattern frequency on a array.
counts the number a pattern is repeated.
pattern : : array : array with patterns to be counted.
array : list of unique patterns.
array : list of counters per...
In its simplest form, this strategy is a positional trend following strategy which enters long when price breaks out above "middle" EMA bands and closes or flips short when price breaks down below "middle" EMA bands. The top and bottom of the middle EMA bands are calculated from the EMA of candle highs and lows, respectively.
The idea is that...
An interesting experiment to make an indicator act as a counter. I call it CCH - Close Counter Histogram.
It adds 1 when current close is higher than previous close and reduces -1 when current close is lower than previous close.
In the CCH settings you set how many bars to look back and use EMA to smooth the results or disable EMA smoothing.
Disable the EMA...
Yet another Array indicator, simple, but efficient which i call ADO. The indicator acts as a COUNTER of when CLOSE closes above OPEN and vice versa based on specified look back period in settings.
If we have more Closes above Opens, obviously the indicator will be above ZERO and GREEN, otherwise RED.
Optional to smooth it by EMA (true by default).
Like if you...
Example how to limit the number of round trips per day. If entry condition is never met logic will force a round trip at end of day. Set chart to a timeframe that is lower than 1 Day period.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and...
Katana Gaps Bounty Hunter (KGB_Hunter) by RagingRocketBull 2018
This indicator shows/counts/filters gaps on a chart
There are several versions: Simple, Pro and Zones. This is the Simple version. The Differences are listed below.
- Simple: shows/counts gaps, changes color based on gap dir (2 colors), filters out price gaps within session, large gaps,...
A while ago I published a Candle Counter strategy that got quite some attention. Unfortunately it didn't work for all charts for some reason, so I decided to rewrite it. The result is, to me, astonishing. Judge for yourselves!
Reversal candles are a very easy way to identify a turn in trend, this indicator has some specific additional conditions for the reversal candle.
BUY Signal reversal candle
Low of current candle exceeds low of previous candle
Low of current candle is lowest for last 7 candles
High of current candle exceeds high of previous candle
Close of current candle is...