The "RSI Slope Filtered Signals " is a technical analysis tool designed to enhance the accuracy of RSI (Relative Strength Index) signals by incorporating slope analysis. This indicator not only considers the RSI value but also analyzes the slope of the RSI over a specified number of bars, providing a more refined signal that accounts for the momentum and trend...
Lin Reg (Linear Regression) Support & Resistance by xxMargaux 💸 This indicator plots three linear regression lines (Lin Reg) on the price chart, providing insights into potential support and resistance levels. It calculates Lin Reg lines based on user-defined lengths and sources. This indicator's settings were initially configured for MNQ1! (E-Mini Nasdaq 100...
Peak and Trough Tracker This indicator identifies the highest and lowest prices reached in two user-defined time periods. It then draws two lines connecting these peak and trough points. The purple line represents the connection between the highest prices, while the aqua line represents the relationship between the lowest prices. Both lines extend into the future...
█ Overview: The MA Slope calculates the slope based on a given moving average. The Moving Average Slope indicator allows you to identify the direction and the strength of a trend. It calculates the rate of change in percentage based on the user-defined moving average. █ Calculation: This indicator calculates the slope based on the changes of moving average and...
Pair slope/hedge uses linear regression to calculate the hedge ratio (slope) between the two assets within a period. It allows you to specify a "from" and a "to" candle. Example: "A regression from 1000 candles back in time and ignore the last 100 candles. This would result in making a regression of 900 candles in total." The formula used to perform the...
TTP VIX Spy is an indicator that uses data from TVC:VIX to better time entries in the market. The assumption used is that when the VIX is coming down from the top of its range then the risk on assets can move to the upside and when the VIX is is pushing higher there's a high likelihood or risk on assets going down. This indicator observes the momentum of VIX...
Hello traders, I developed this indicator while working on a trading strategy using moving average slope and acceleration, and I found the concept interesting enough to share it. Let me briefly explain this indicator. ----About White Plot---- 1. Calculate the first derivative approximation at the current point of the Moving Average, and then calculate the...
Slopes are an increasingly key concept in Technical Analysis. The most basic type is to calculate them on the prices, but also on technical indicators such as moving averages and the RSI. In technical analysis, you generally use the RSI to detect imminent reversal moves within a range. In the case of the Blue indicator, we are calculating the slope of the market...
The Leavitt Convolution Slope indicator was created by Jay Leavitt (Stocks and Commodities Oct 2019, page 11), who is most well-known for creating the Volume-Weighted Average Price indicator. This indicator didn't have a good explanation or description so I custom-coded most of it. The way it works is it will give trend spikes in the direction of the underlying...
Brief: This oscillator style indicator takes another indicator as its source and measures the change over time (the slope). It then isolates the positive slope values from the negative slope values to determine a 'normal' slope value for each. ** A 'normal' value of 1.0 is determined by the average slope plus the standard deviation of that slope. The Scale...
Library "Slope_TK" This library calculate the slope of a serie between two points The serie can be ta.ema(close,200) for example The size is the number of bars between the two points for the slope calculation, for example it can be 10 slope_of_ema200 = slope(t a.eam(close, 200) , 10 ) slope( float serie, int size )
Trend Slope Meter This indicator measures the slope of the trend defined by a moving average or an external source. The slope is calculated by the change of price in ticks for a defined number of bars divided by the number of bars. Settings Source - Default: close price. Used to calculate the moving average as basis for slope measurement. Can be an...
The most basic of trend indicators is the price change over some period of time. Rate of change is the most common indicator to use which calculates the current price minus the price n bars back. I've written this indicator to solve several problems the default value of ROC. 1. We're interested in the magnitude or strength of the slope of change. 2. We need a...
Clutter Fitler is a simple indicator to demonstrate a clutter filter. The purpose of this technique is to filter useless noise. What is a Clutter Filter? For our purposes here, this is a filter that compares the slope of the trading filter output to a threshold to determine whether to shift trends. If the slope is up but the slope doesn't exceed the...
...Mark Douglas in his book Trading in the Zone wrote The longer the time frame, the more significant the trend, so a trending market on a daily bar chart is more significant than a trending market on a 30-minute bar chart. Therefore, the trend on the daily bar chart would take precedence over the trend on the 30-minute bar chart and would be considered the...
HMA Slope Variation is an indicator that uses HMA moving average to calculate a slope that is then weighted to derive a signal. The center line The center line changes color depending on the value of the: Slope Signal line Threshold If the value is above a signal line (it is not visible on the chart) and the threshold is greater than the required,...
T3 Slope Variation is an indicator that uses T3 moving average to calculate a slope that is then weighted to derive a signal. The center line The center line changes color depending on the value of the: Slope Signal line Threshold If the value is above a signal line (it is not visible on the chart) and the threshold is greater than the required,...
Multi HMA Slopes is an indicator that checks slopes of 5 (different period) Hull Moving Averages and adds them up to show overall trend. To us this, check for color changes from red to green where there is no red if green is larger than red and there is no red when red is larger than green. When red and green both show up, its a sign of chop. What is the Hull...