This indicator is an advanced studie of 'Mansfield Relative Strength Trend' indicator Since it is too time consuming to constantly change the index, I have developed a multi-index indicator. The default order of the indexes is: 1. S&P 500 2. Dow Jones Industrial Average 3. Nasdaq Composite 4. NYSE Composite 5. DAX You can change all indexes in the...
This is an experimental study designed to track directional polarities across multiple timeframes and express them as a simple two color grid. The polarity in this calculation is determined by divergence between a fast and slow McGinley Dynamic. Your current resolution's polarity is the top row, the rows below are are for higher timeframes of your choice.
This is a simple Donchian Channel variation that separates the the channels into quadrants, and enables MTF calculation. Average open and close plots are included for additional confirmation of a trend.
Basic CCI script that takes the average close price data across popular crypto exchanges.
Wait for the Roadkill signal – then dive for the perfect kill! Hawkeye Roadkill looks at multiple timeframes simultaneously, and then provides two entry signals, one based on the trend and the other on volume. One of the biggest problems traders face is that whenever they see a signal or set up in one timeframe, they immediately look at a lower or higher...
Republished: The original script violated house rules by including an external link to Backtest Rookies. Background This is a simple “multi” SMA indicator so that multiple SMA’s can be monitored whilst only using a single indicator slot. It also has a couple of features that let you mix time frames and de-clutter the chart. The code is open for anyone to...
For anyone that uses the Ichimoku Cloud there is a consistent need to flip between timeframes to get information about this at all levels. However, that trouble is now over. In this script there are 4 Ichimoku Clouds that operate in 4 different time frames. To change the timeframe simply change the multiplication factor to the desired levels. How this script works...
Use for a cleaner visualization of trend momentum
This indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels. The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart. Otherwise you can select manually. Indicator plots the open/close and colors the high-low range area in the background. Hope this simple indicator will help you ! You...
MTAM_ADX__Time frame 2 min,5 ,15,45,120,Daily
Good afternoon traders. Have you ever got trapped on the middle of a consolidation? Well, it just happened to me trading the 1 minute chart last friday! So, I coded this script to display a percentage of ATR for a given resolution. Now, how can you benefit using this information? For example: Using the standard settings (resolution is calibrated 15 minutes...
PRO Alerter is a must have toolbox to enhance the built-in alert system that limits you to a single condition trigger. With this indicator you'll be able to trigger using multiple conditions (and also multiple timeframes and more with full version) Using it is pretty simple ! All the detailed steps in image right there 1) Add the indicator to your chart...
This script has the option to disable the MTF feature and use it as a plain DTOscillator. The lines are the fast and slow signals for the current timeframe. The columns are the second timeframe %K levels. Green columns signify the second timeframe %K is greater than the second timeframe %D, Red is the reverse of this.
Price can be up trend and downtrend simultaneously in different timeframes. Experienced traders know the importance of looking at Multiple Time Frames. Analyzing multi time frame chart allows trader to have a greater view on the price action. This MTF trend indicator shows the trend of current time frame and 3 higher time frames in a single chart. In addition,...
Hey guys, sometimes you just want to plot an Indicator value from a higher Timeframe on your Chart. For most Indicators this is pretty straightforward however there is one Indicator that has been giving me quite a headache while trying to do this: The Average Directional Index . Anyway after going through almost 200 versions of this script I finally found a...
Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of: -> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay), -> where 'barsForDay' is the total number bars that have elapsed during the day for the...