This Paint Bar Helps Identify Market Conditions Buy Colors Magenta, Green Sell Colors Blue, Red
// Script created by JoinFree // Modified by lvinnyl to trigger alerts // Click on image below for original script...
Buy and Sell Pressure Signals
hi BTChes, green is when the price drops below the 100 day MA red is the intensity of the 14 day RSI BUY @ green SELL @ the second or third RSI spike most importantly, keep in mind fundamentals :) -joie
After years studying stochastics, here is the real deal Stochastics comfirmation with very high probability setups Green dots = it's time to consider stochastic signal of Buying Red dots = it's time to consider stochastic signal of Selling No dots = ignore stochastics signal The formula for dots is really top secret It works best on 1D timeframe You...
This will provide you with better bar colors to help you determine the trend of the market. Teal = Bullish Red = Bearish Yellow = Undecided In the chart settings you have two moving averages, this is used when outputting the bar colors. The way it works is simple. It checks to see if the current price is above both of the moving averages defined in the...
Este algoritmo intenta identificar patrones o fractales dentro de los movimientos de precios para dar señales de compra o venta de activos.
Permite identificar puntos pivote diario, semanal y mensual e implementa la estrategia de Day of Reversal con RSI para identificar puntos de inflexión (compra o venta) en los instrumentos.
Plotting Multiple Moving Averages in one indicator
Magic Circles indicator uses an ATR based trend indicator in conjunction with a Parabolic SAR indicator for creating signals. Blue is neutral. Green is buy and red is sell. A hollow green circle followed by a regular green indicates a strong buy while a hollow red circle followed by a regular red one indicates a strong sell signal. This version gives you the...
Using Modified code from Lazybear's CVI 0.17% indicator and some logic, this script can help identify value buy and sell opportunities at a very early phase. Best used as a confirmation tool. This is a beta, so use it as such. Enjoy. Sometimes "top" indications in an uptrend mean to look for an opportunity to add to position while "bottom" indications during a...
Thanks for your feedback in regard to the Magic Circles indicator. As a common question, Magic Circles indicator uses an ATR based trend indicator in conjunction with a Parabolic SAR indicator for creating signals. Blue is neutral. Green is buy and red is sell. A hollow green circle followed by a regular green indicates a strong buy while a hollow red circle...
Magic Circles give buy and sell signals. Works best at trending markets. When using lower time frames, it is beneficial to confirm the signals with a 4H chart.
RSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one. You can use this indicator in 2 different ways: normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart) signal line : when RSI Divergence cross zero line from...
This script will give you red or green columns as an indication for oversold/overbought based upon the rsi and stochastic both being at extreme levels (you set). The default oversold is at 35. If Stochastic and RSI fall below 35, you will get a green column (Both indicators at the extreme). Play with your levels to see how your stock reacts. RSI and Stochastic...
This is a simple scalping strategy that works for all time frames... I have only tested it on FOREX It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA. If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL. If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL. The red line is the...
This great and simple indicator based on EMA generates information about entry points at close of the candle. First signal is the best entry point but you can re-enter at the next. IMPORTANT: this script does not generate exit signals and those shoud be find using money management rules or else. Perfectly catches long runs in trends at all underlayings (forex,...