The Price Relative indicator compares the performance of one security to another with a ratio chart. This indicator is also known as the Relative Strength indicator or Relative Strength Comparative. Often, the Price Relative indicator is used to compare the performance of a stock against a benchmark index, S&P 500, BIST:XU100 etc. Chartists can also use the...
Simple indicator for current price times current volume. Two default signal Green Bar with Blue Diamond - look for potential entry Red Bar with Black Diamond - look for potential sell Combine with Trendband Guide or Trendband Naked indicator for better result
I'm releasing this code in public Interest in hope of getting it improved by the community. If someone wants to use this code, then he/she should publish this code in Public Library with Open Source reference. The code is entirely mine and not anyone else's. I would love to see some imporvements to this code, so if you have any suggestions then let me know in...
This script was created due to the lack of position of US Dollar Index Futures (DXY). It is designed to perform a much more liquid and inclusive position analysis. As the exponential ratios do not mean anything to positions, weights are used as multipliers instead of exponential functions. Swedish Krona (SEK) Futures are not directly quoted in Quandl, therefore...
Displays Mono-waves for constructing higher degree patterns from Neowave theory
This script simply colors the candles based on the defined "overbought" and "oversold" RSI-levels set in the input section of the indicator. If the price is below the oversold level, the candle is colored in yellow. If the price is above the overbought level, the candle is colored in aqua. If the price moves back between both levels, no color will be...
Hello traders Here we go again.... with the second strategy snippet. Reminder: the first snipper was a Trailing Profit strategy script What's on the menu? A trailing stop is designed to protect gains by enabling a trade to remain open and continue to profit as long as the price is moving in the investor's favor. The order closes the trade if the price...
its using for supply and demand zone finder
ATR Stop Channel: Often used as a dynamic stop loss management tool, this indicator: Calculates the ATR over a configurable period, default 14 Based on configurable multipliers, draws a channel of (close + atr-multiple, close - atr-multiple) The reference point of close is also configurable to allow a different source, e.g. you can use an EMA if you...
Based on the diags indicator to find triangle patterns on the chart. Increase the "Line Length" to find more patterns
Are you a BEAR? Then get out of here! This indicator is only for long movements, its reading is simple and if you use it correctly it will give you very good results, the components are: The highest quality configuration is as follows: It is not necessary that all the components are aligned, the appearance of the upper mountain on the lower mountain is...
English I'm often asked to provide an alternate view on the CoT data. For example, the indicator "Commercial index" is an oscillator from 0 to 100, but oftentimes it can be helpful to look at the absolute position. So, here the absolute position of certain parts of the CoT report are given, alongside with the percentage of a given time frame to put them in...
This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org © 03.freeman This strategy is based only on T3 moving average, but uses sma 200 as filter for enter long or short. The default settings considers a daily timeframe. The strategy is very simple: long if T3 increase, short if T3 decrease. Note that if you set volume factor...
By using this indicator, you can see these points. 1. Yesterday's OHLC + half price, today's limit price 2. Last week's OHLC + half price 3. 5 EMAs Especially effective for foreign exchange, metals and indices.
// this is an educational Script - basicly its very simple - you can see how minimal changes impact results, thats why i posted it // Credits to Quantnomad to publish tons of free educational script // this Script is based on Quantnomads Ultimate MA Indicator // HA - Option for calcultion based on HA-Candles (very famous recently) // Source Input - Option...
=== Easy dynamic resolution dashboard (initial) === Easy dashboard to show different running reolution bars most of the scale is adjustable. Current state is initial and could have some bugs, or been in a cleaner way of coding. Let me know if you find something so we could fix it Best way to start is in a seperate pane to adjust...