Butterworth Filter script.
This indicator was described by John F. Ehlers in his book "Rocket Science for Traders" (2001, Chapter 15: Infinite Impulse Response Filters).
Moving Average 3.0 (3rd Generation) script.
This indicator was originally developed and described by Dr. Manfred G. Dürschner in his paper "Gleitende Durchschnitte 3.0".
Gaussian Filter script.
This indicator was described by John F. Ehlers in his book "Rocket Science for Traders" (2001, Chapter 15: Infinite Impulse Response Filters).
First version here
Initial data:
1) RSI
2) Bollinger Bands (Basis - EMA )
3) Dispersion (around basis)
Signal for purchase: RSI crosses the dispersion zone upwards
Signal for sale: RSI crosses the dispersion zone downwards
Buffer zone: white area, it is not recommended to make transactions.
--- Add ( 02.10.2018 )
1) RSI lines (overbought /...
This is a modified Schaff Trend Cycle (STC), which is designed to provide quicker entries and exits.
I've been a huge fan of the STC for a long time, but being based on the MACD means its signals often lag by a bar or two (especially in fast moving markets). All I've done here is take the base STC script (all credit to user @LazyBear), and change the source to a...
Initial data:
1) RSI
2) Bollinger Bands (Basis - EMA)
3) Dispersion (around basis)
Signal for purchase: RSI crosses the dispersion zone upwards
Signal for sale: RSI crosses the dispersion zone downwards
Buffer zone: white area, it is not recommended to make transactions.
Trade indicator based on standard deviation models. To avoid the numerous false trades this can trigger on normal charts, suggested use is with renko charts.
Tired of wasting countless hours switching back and forth between timeframes?
Worry not! For only 499.95$ now you can... Oh wait this script took me 5 minutes I can't sell that.
The idea is priceless thought.
This is a very basic script that lets you view 2 daily exponential moving averages from any timeframe (you won't see much from higher timeframes...
