This script uses the most recent low/high and candle size to determine trend breakouts. The trend is determined buy whether the most recent price extreme within the Lookback period is a high or low. If it is a most recent high, it is an uptrend, if it is a lwo, a downtrend. Bands are created using the average absolute difference of current minus previous close...
this is an indicator show the most important support and resistant in crypto market for some days in Jan 2020 just chosse which date you want to see the resistant and support in it and the indicator will plot it
1 = Inside Bar 2 = Breaks one side of the previous bar 3 = Breaks both sides of the previous bar 2up Green = Current bar breaks previous bar's high and it is a green bar 2up Red = Current bar breaks previous bar's high but it is a red bar 2Down Green = Current bar breaks previous bar's low but it is a green bar 2Down Red = Current bar breaks previous bar's low...
1 = Inside Bar 2 = Breaks one side of the previous bar 3 = Breaks both sides of the previous bar 2up Green = Current bar breaks previous bar's high and it is a green bar 2up Red = Current bar breaks previous bar's high but it is a red bar 2Down Green = Current bar breaks previous bar's low but it is a green bar 2Down Red = Current bar breaks previous bar's low...
This is a simple concept that attempts to squeeze more price action insights from the classic MACD we add a 3rd (longer length, slower) Moving Average line that acts as a trend filter - so whenever we are ("we" = the price and the 2 other MAs) are above that filter line, we consider ourselves to be in the up-trend territory, and vica versa .. so the MACD...
This script marks structural pivots on a chart. Script marks namely 4 types of pivots, Structural Pivot High (SPH) Structural Pivot Low (SPL) Large Pivot High (LPH) Large Pivot High (LPL) SPL (Blue circles at bar low) is marked by finding a combination of 3 bars, an Anchor Bar, Bar 1 and Bar 2. Bar 1 and Bar 2 should have a higher high and a higher...
Level: 2 Background John F. Ehlers introuced Correlation Trend Strategy in May, 2020. Function In Dr. Ehlers article “Correlation As A Trend Indicator” in May, 2020, he introduces a new trend indicator that is based on the correlation between a security’s price history and the ideal trend: a straight line. He describes methods for using the indicator to not...
This is a standalone version of the Support and Resistance/Average True Range paradigm for the Jackrabbit suite and modulus framework. This module does not have a signal line and does not support integration with other modules. Support and Resistance and ATR are preset and tuned to very specific settings for maximum profitability. The blue line is the current...
This is one of the entry conditions of Mark Minervini's trend template for entry conditions. This indicator plots returns in comparison with index. (Change the index ticker in the input as per the stock in use) Loopback period is the distance from which we are calculating returns. Green line indicates returns of the stock Red line indicates returns of the...
Level: 2 Background John F. Ehlers introuced Correlation Cycle indicator in Jun, 2020. Function In his article “Correlation As A Cycle Indicator” in Jun, 2020, John Ehlers introduces a companion to the trend indicator he presented in his article. This new indicator is designed to help traders navigate cycling markets. The new cycle indicator can help the...
It is an indicator that aims to stay in the trend by generating a buy or sell signal according to the intersection of two moving averages. The first trend line is a moving average whose weights are calculated based on fibonacci numbers or golden ratio. The second trend line is achieved by smoothing the first. Thus, two trend lines, one faster and one slower, are...
™TradeChartist Volatility Trader is a Price Volatility based Trend indicator that uses simple to visualize Volatility steps and a Volatility Ribbon to trade volatility breakouts and price action based on lookback length. =================================================================================================================== Features of...
See the boundaries of the price movement. The big picture. The yellow boundaries are over 2 weeks. The purple boundaries are over 2 months. If a coin is below the lowest purple boundary than it means that it is sinking and it cannot be traded. If a coin is below 50 weeks average (thick red line) than it is not ripe enough for trading also.
The Auto Harmonic Pattern recognition software is designed to take the heavy lifting out of a traders Harmonic trading strategy. The Software automatically Identifies, Draws, Labels and Projects Completion Zones for the 6 most trade-able Harmonic Patterns. If the Pattern Completes in the projected zone, then there is a high probability of the resulting trade...
A false breakout is when the price temporarily moves above or below a key support or resistance level, but then later retreats back to the same side as it started. The “False Breakout” indicator reveals false breakouts in comparison to the previous candle. In case we're looking to trade the stock for long this would mean that the price of the stock broke the...
This indicator shows us if the coin is closing more above (green) or under (red) the EMA 200. The more the price close above the EMA the healthier the currency (other market) is and the more i am likely to invest in. HOW TO USE: Set the desired EMA and HMA length. Markets: It can be used to all markets.
COTBase iCOT indicator is based on reverse-engineering the Commitments of Traders data and creating a proprietary algo, which mimics real COT data on any time-frame and chart type. We advise to use it mainly on time-based charts, on smaller than 4 hr per bar time-frames. A multi-time-frame analysis is recommended where the smaller time-frame signals are confirmed...
COTBase iCOT indicator is based on reverse-engineering the Commitments of Traders data and creating a proprietary algo, which mimics real COT data on any time-frame and chart type. We advise to use it mainly on time-based charts, on smaller than 4 hr per bar time-frames. A multi-time-frame analysis is recommended where the smaller time-frame signals are confirmed...