This simple Indicator shows: (1) The D irection of a trend (2) The S trength of a trend hence the name "Direction & Strength Indicator. How to read this Indicator: Indicator above "resistance area" => strong UP trend Indicator above 0 .................. => weak UP trend Indicator below 0 .................. => weak DOWN trend Indicator below ...
Combined plot of RSI and StochRSI
Inspired by and To be used with SuperTrend by Alex Orekhov (everget)
When the indicator value is above the horizon line the trend is up, below the trend is down. Watch out for ranging markets.
Introduction The non-signal version of the absolute strength indicator from fxcodebase.com requested by ernie76 . This indicator originally from mt4 aim to estimate the bullish/bearish force of the market by using various methods. The Indicator Two lines are plotted, a bull line (blue) representing the bullish/buying force and a bear one (red) representing...
This is the Volatility Quality Zero Line Indicator. This indicator measures volatility strength.
This a porting to Trading View of the 12 new indicators introduced in IFTA Journal (January Edition) by Akram El Sherbini, MFTA, CFTe, CETA. Indicators are available in "Linear Momentum and Performance Indicators" at page four. IFTA Journal is available below: ifta.org Indicators implemented herein: Linear Force Index: The linear force index LFI measures...
This strategy shows if the market is strong or weak, marking short or long respectively, however this does not represent a direct entry, only a strength or weakness, which applied with some other parameters (candlestick patterns, resistances, etc) can throw us a very good entry, especially in the appropriate temporality, where there is a balance between volatility...
Currency strength indicator for NZD/USD indicates how strong the NZD is against the USD
Currency strength indicator for AUD/USD indicates how strong the AUD is against the USD
Currency strength indicator for USD/CHF indicates how strong USD is against the CHF
Currency strength indicator for USD/CAD Indicates how strong the USD is against the CAD
Currency strength indicator for USD/JPY Indicates how string the USD is against the JPY