This is the main strategy that I will be forward testing on demo for a month or two, then making it an EA in MetaTrader4 You can see the code for yourself this time, all the strategy is, is a crossover of various moving averages. Commission included, $10,000 account. Results over the past 3 months, beginning in January 2017.
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...
The Up/Down Range breaks the price range into an upward and a downward moving component, so we can easily turn it into a momentum oscillator. This script does just that. You can find the Up/Down Range (UDR) indicator here:
Measuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR. However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction. In fact, I turned it into a momentum indicator here:
This script is called GMAE Original by me (Kevin Manrrique). I'm publishing this to the public because we are all traders and we need to support each other as a TVcommunity. This is something I built for fun. This script uses a series of EMA's. NO REPAINT, NO LAGGING! It works better for short-term trends as you can see. Please leave the copyright on the script at...
Elastic Volume Weighted Moving Average (EVWMA) with Trend and Envelopes. Original version by LazyBear, trend function by Shizaru, combination by Spreadburn.
Trend Alert indicator based on Long term (daily) en Mid term (4h) timeframes so you can enter a trade in direction of the trend at the Short term (1h) timeframe in direction of trend. You can configure the LongTerm en MidTerm timeframe to your liking. Method by Jospeh Nemeth www.youtube.com
Script #1 So, here is my first script. This is the normal 14 period ADX, but with a color twist, to make it extremely easy on eyes. and then, easily spot the strength. ADX, as you know, shows the strength of the trend. As short term traders, we need price movement and a strong trend. How to use this script ? 1. We don't trade when ADX is in the ...
**You must enable bar colors in the options for the script if you wish to see them** This indicator is very useful for spotting trends / tops / bottoms. This is the ultimate altcoin pump spotting tool. Use on higher timeframes for greatest accuracy. If altcoin is newish (ZEC for example), try 4h rather than 1D or 3D. Green = Uptrend Red = Downtrend Gray =...
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.
Blau's Ergodic Candlestick Oscillator = a decent trend finder, however slightly lagged. It can help you to see a reversal entry if you are looking for one. I find the one line ECO hard to use, so I have created this histogram version with a signal line. The colors help to show you whats going on with the ECO and its bias. This indicator shows up in a couple...
This is an extension of the Madrid Moving Average Ribbon public script to allow for different kinds of moving averages (the original allows only exponential and simple). Possible entries in the MA Type argument field are: sma (simple moving average) ema (exponential moving average) wma (weighted moving average) trima (triangular moving average) zlema...
This indicator overlays a series of Parabolic Stop And Reverses (SARs) to continuously illustrate trends as they form in addition to a range of good possible levels at which to place stop orders. The Initial Start argument gives the minimum value for the SAR function's "Start" argument. The Increment/Start Ratio argument gives the ratio of the SAR function's...
Adds some depth to the traditional rate of change (ROC) indicator. Instead of just having one ROC line with a single lookback period, this takes a minimum lookback period, n , and plots 20 ROC lines with lookback periods of n, 2n, 3n, ..., 20n . These lines will appear green when greater than zero, red when less than zero, and yellow when equal to zero by...
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....