Dynamic ADX by The Pine Guru What is the Dynamic ADX? The Dynamic ADX is an indicator created using the regular ADX, Line, and additional ADX Moving Average. This MA allows the script to calculate the ADX differently to the original ADX, providing greater input and accessibility to the user. As the ADX is a volatility indicator, it is communicates to trend...
There are many indicators with William’s Fractal and Alligator. As many use EMA’s it may be useful to define a 3-EMA ribbon and combining Fractal Levels/Box (filling background between top and bottom fractals) for trend scalping. I searched for this kind of indicator in community – some show fractals, some just levels, some with alligator etc. but couldn't...
The Trend Strength Oscillator is a clever combination of some of the most common and useful indicators. Combining the: - Directional Movement Index (DMI) - Average Directional Index (ADX) - Volume (optional) In doing so, we get a much easier to appreciate indication of both trend direction and strength at a glance that is reliable on every timeframe! The ADX is...
The script is ADX-DMI modified verison -Adx is labeled as Weak trend Below 25 and strong Trend above 25 -Hline is drawn at 25 for better clarification of crossover above 25 -Wait for crossover in +dmi and -dmi and to cross above 25 for any trend clarifcation -crossover i.e upside cross of +dmi over -dmi is shown buy UP shape -crossunder i.e downside cross...
My interpretation of Danielle Shay's popular SimplerTrading TrendStrength Turbo indicator. The TrendStrength indicator is based on a Fibonacci-based stacked EMA arrangement using the 5, 8, 13, 21 and 34 EMAs: -> Green bars indicate an uptrend i.e. when the EMAs are positively stacked - there is more upward pressure than downward pressure in the price; -> Red bars...
I've missed the beautiful trend visualization of Heiken Ashi candles ever since I first learned they don't play well with other indicators largely due to the method with which they're plotted. I wanted to color code a gradient onto candles to help visualize trend strength, and the Relative Strength Index was the first thing to come to mind. For coloring, it's...
Contents Overall Introduction Settings menu parameters Usage How to use alerts Limits Overall Introduction This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. This tool consists of two parts: 1- The colored graph is a custom volume oscillator which shows the relative...
Calculate and display simple multi timeframe (3 timeframe) trend strength using heikin ashi.
The Currency Array indicator has been developed to measure and display quickly and easily, the speed at which currency pairs are rising and falling. Just like the Quantum Currency Matrix, the Quantum Currency Array indicator displays the complete array of 28 currency pairs derived from the 8 major currency pairs as featured in the Quantum Currency Strength...
Combines EMA + RSI indicator Dieses Script ist eine einfache Kombination aus RSI und EMA. Es erlaubt euch zu erkennen in welche Richtung der Trend in dem aktuellen TimeFrame geht und wie stark dieser aktuell ist. Außerdem zeigt es euch ob gerade eher die Bullen oder die Bären den Markt dominieren. Mit Hilfe des Indikators lassen sich Top und Bottom des...
Our ZTREND indicator is an outstanding Trend indicator to determine the Direction and Strength of the current price movement in units of Standard Deviation from a set period average, that is, helps you visualize the strength of the trend in relation to a set average. This indicator is part of a bundle of 5 indicators which we call the ZScore Indicator Suite all...
Day trading trend filter indicator designed to hep get better entries or exits based on historical opens and closes each hour. This indicator is NOT designed as an entry or exit signal. The purpose behind it is to give you statistical information about how likely certain times of day are either bullish, bearish or neutral and use that to confirm or reject other...
Confirmation (Expo) is a trading confirmation tool that can confirm any indicator, trend, setup, signal, or strategy. Once you have chosen the input source (any indicator) you can use the tool to confirm the trend, trend strength, overbought/oversold areas, retracements, and reversals. This tool is built for traders that already have a strategy or preferred...
Breakout, Trend, Scalping (Expo) gives insights about trend direction, trend strength, trend breakouts, and scalping impulses. The indicator is for traders that easily want to catch true breakouts, find reversals and retracements, and want to be able to gauge the trend strength. The indicator has various input sources: ATR (Default), VWAP, RSI, Average Trend...
Trend Stability (Expo) is a multifunctional trend trading tool that identifies all aspects of trend trading. The indicator helps traders to stay on the right side of the market, identify retracements, reversals, and trend strength. In addition to that, we have added momentum - moves for traders that want to do trend scalping. The candle coloring displays the...
The 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given...
This indicator shows us if the price is moving up or down based on the ratio of current price vs previous bar. If this ratio is above 1 then this indicates that the price is increasing, while if the ratio is below 1 the price is decreasing. HOW TO USE: Set the desired EMA length, number of previous bars to compare with and offset. Markets: It can be used to...
Trend Oscillator (Expo) measures the overall trend strength and how strong the current price move/momentum is. The indicator is leading since it can signal a possible trend change that is yet to start. The color of the histogram and its value helps to gauge the strength and momentum of the trend. The user can enable Bar Color that coloring the candlesticks...