This indicator looks for the highs and lows using the highest / lowest of 4 different periods. The default values are 17, 72, 305 and 1292 inspired by BO Williams phicube fractals.
The indicator will show anchored vwaps from those 8 dynamic points (4 tops and 4 bottoms).
A true trend is defined when 4 fractals line up without much opposite resistance (only the two...
This script plots a 6 algos from the Coles/Hawkins "Midas Technical Analysis" book:
Top finder / Bottom Finder (Levine Algo by Bob English)* - onlinelibrary.wiley.com
MIDAS VWAP Gen-1) -
MIDAS VWAP average and deltas
VWAP (Gen-1) using a date or a bar n number can be initiated at bar 0 - useful for a new IPO
Standard Deviation of MIDAS VWAP
his is just a bash together of two MIDAS VWAP scripts particularly AkifTokuz and drshoe.
I added the ability to show more MIDAS curves from the same script.
The algorithm primarily uses the "n" number but the date can be used for the 8th VWAP
I have not converted the script to version 3.
To find bar number go into "Chart Properties" select " "background" then...
Update: As you can see last channel is anchored wrong and I dont know how to edit that picture:) So here is the corrected one
Middle Line : Traditional MIDAS line calculated with hl2
Lower Line: MIDAS line calculated with low values
Upper Line: MIDAS line calculated with high values
Updated: Use the updated version here :https://www.tradingview.com/v/UiJRZmpL/
Entering precise date and time is cumbersome. New version is much cleaner and simpler. Use Midas-Bar Number indicator to see the bar number.
Plots MIDAS S/R Line on daily and intraday charts using different price values. MIDAS Support Lines can be created using Low values as priceType...