Support and Resistance Levels augmanted and reprocessed Description: This is an augmented version of my earlier script that can be found here: This time it features zigzag and channel lines, signal generation and filtering and performance testing. Signal generation and filtering procedures are used only for performance testing, not for the actual labelling....
This is a version 3 of my mod of the script by alexgrover - Efficient Trend Step. The logic is based on calculation of Kaufman's efficiency ratio (ER): ER = Direction / Volatility where: Direction = ABS (Close – Close ) Volatility = n ∑(ABS(Close – Close )) n = The efficiency ratio period. This version features volatility and volume filter and custom...
Polarized Fractal Efficiency Description: Technically, Polarized Fractal Efficiency (PFE) is a measure of market choppiness. It is an indicator derived from fractal geometry, the mathematics that describes chaotic systems. This technical indicator was developed by Hans Hannula to determine price efficiency over a user-defined period. This indicator fluctuates...
Description: This indicator uses Bollinger Bands with a set of 22 different moving averages as a center MA plus a custom signal generation and performance measurement modules.
ADX Strategy Description: Generates a long entry signal when the Average Directional Index (ADX) value is greater than the trendlevel and the close is greater than the filter value, and/or generates a short entry signal when the ADX value is greater than the trendlevel and the close is less than the filter value. The Average Directional Index evaluates the...
This modification of LazyBear's popular script called Pip collector features custom signal generation and information section displaying elapsed bar time useful for timing trades.
Coppock Curve Strategy Description: The Coppock Indicator is a long-term price momentum oscillator which is used primarily to pinpoint major bottoms in the stock market. Crosses above the zero line indicate buying pressure, crosses below the center (zero) line indicate selling pressure. This script generates a long entry signal when the Coppock value crosses...
This is the extension of my previous script Pip Collector Mod. See In addition to the previous functionality it features 22 Moving Average functions. Enjoy!