52WLow - Plot the moving 52week low of the stocks daily price. Great for giving warning when a stock is close or about to break down to a new low. Best is used with a light red shading below line.
Observe the price reaction in the zones of supply/demand from multiple timeframes. Original idea from Forex MoneyMap, Dynamic Fibonacci Grid etc. NOTE: Only for M5 !
You can have 3 Moving Averages (customizable) using only one indicator! With them, you can know the general trend, immediate trend and the standard. You can try to operate using the crosses of this Moving Averages.
This indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken...
Taken from an article "The Yen Recused" in the December 1998 issue of TASC, written by Dennis Meyers. He describes the Recursive MA in mathematical terms as "recursive polynomial fit, a technique that uses a small number of past values of the estimated price and today's price to predict tomorrows price."
Version 2 Updates Speed has been increased by ~7X Highest and lowest pairs now highlighted using brighter colors Re-ordered pairs from highest to lowest 'flight to risk' rating I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors...
Used for the same reasons as the typical moving average. The first point is equal to the SMA, but it uses a recursive approach to calculate all subsequent data points.
This indicator finds Mondays and Wednesdays and draws a vertical line, so you can easy do your bias or trend analysis. Options You can turn off/on the Wednesday's line.
FxMath Trend Detector is very simple indicator according RSI & CCI . For better observation is better to use indicator with 3 period 50,100,150 and if in all periods color is match you can go for buy or sell.
This is an interesting study that can be used as a tool for determining trend direction, and also could be a trailing stop setter. I use it as a gauge on MTF settings, in the pic MTF is turned off. If on, you can look at the bar cycle of the 1h while on the 15m giving you a lot of information in one tool. If a line is missing high or low, it is because it was...
//////////////////////////////////////////////////////////// // Copyright by Randalll.com v1.0 09/03/2016 // This indicator provides 5 Exponential Moving Averages. // Works well on 1D,4H,1H TF // To be used with traditional trend following strategies. // Example // If 50/100/200 trending in same direction. Then buy/sell // with trend direction....
Script highlights signal bars for tfc3.ru school trading strategy. Working timeframe D.
The Trender and moving average for a version of trend analysis. This is an update of a previously published script. A recent Pine script update makes this update necessary. This is my interpretation of Bloomberg's Trender. The script is derived from this document: www.forexfactory.com I have no idea what settings are best. I like the ones I have used because...
EZ Trend creates a signal when the current open price is equal to, or within a set range of, the last close price AND current candle is the opposite color of last candle. This indicator is based on my observation that when O = C AND the last candle's color is opposite of the current candle, the NEXT candle seems to follow the color of the current candle and a...
STRONG TREND REVERSAL INDICATOR The code is the percentage difference between the spot price of a given financial asset and its 200-day MA of that period. My standard setup is Daily, and I think it's got very good predictive power at that timeframe. It can be read in two ways: 1. Values extremely above or below the 200-period MA present chances of buying/selling...
This script was inspired by @ChartArt. GREEN = UPTREND RED = DOWNTREND TREND IS DETERMINED BY IF THE CLOSE IS BELOW OR ABOVE THE SMA SET (DEFAULT 20) It has the trend of the following time-frames: 1 HR 2 HR 3 HR 4 HR 6 HR 8 HR 12 HR 1 DAY
This script plots the highs/lows from multiple timeframes onto the same chart to help you spot the prevailing long-term, medium-term and short-term trends . List of timeframes included: Year Month Week Day 4 Hour Hour You can select which timeframes to plot by editing the inputs on the Format Object dialog.