The Smoothed Adaptive Momentum indicator was created by John Ehlers and this indicator gives a lot of useful information. When the indicator is above 0 then there is very strong upward momentum and when the indicator falls below 0 then there is very strong downward momentum. A very profitable way to use this particular indicator is buy long when the indicator is...
Introducing HARSI - the RSI based Heikin Ashi candle oscillator. ...that's right, you read it correctly. This is Heikin Ashi candles in an oscillator format derived from RSI calculations, aimed at smoothing out some of the inherent noise seen with standard RSI indicators. Science! We likes it we does. Included plot options for standard RSI plot overlay, and...
Heiken Ashi with price values smoothed via 14-EMA . On the example chart you can compare it to a regular Hash using blue for upward trends
My HL2MA is a 'proprietary' formula based on the idea that I never again want to see a jagged average line. I released a version of this a long time ago, but I wanted to update it to how I have it on my charts in other platforms. Here are some notes about this moving average script: The default input value is 5, and I suggest the range of use 4-6 with the...
-This script uses a triple EMA strategy to establish trend direction and reversal points -Inputs are smoothed with Heiken Ashi values to reduce whipsaws, while providing timely execution -Buy and sell indications are dictated by bar color -Bar color is dictated by the candle close value in relation to the EMAs, specifically the faster of the 3 (If candle closes...
-This script utilizes simple color changes of the TSI output signals to aid in interpretation of the classic TSI indicator. -Crosses of the TSI value line and signal line are a bullish or bearish indication. TSI value line is colored green or yellow to help identify that the TSI value line is either dropping or rising, while over or under the signal line. -This...
Hi Guys, I would like to introduce you Trend quality cross indicator. The idea orginallybcomes from @kruskakli and his indicator "Trend Quality" so shout-out to him I have modified the indicator to display just binary option buy/sell and display diff percentage from previous cross. Also there is a difference that I have double smoothed tq indicator results to...
Hello Traders, This is " Smoothed Candles " script to get rid of noises and to get a smoothed chart to figure out breakouts and price movements easily. There are three scaling methods: User Defined, Dynamic (ATR) and Percentage Optionally you can add 2 Simple Moving Averages and 2 Exponential Moving Averages Optionally you can hide the Wicks, example: You...
I assume that most of you already know Relative Strength Index indicator. It gives us the following signals in general, when we see the following conditions occur. If RSI crosses; 1. 30 above, it means BUY signal. 2. 50 above, it means WAIT signal. 3. 70 above, it means WAIT and be careful for SELL signal. 4. 70 below, it means SELL signal. 5. 50 below, it means...
%Bollinger Band Width This is a support indicator to the Main Indicator which has also been published. This indicator uses the close of a candle and compares where it is in relation to the upper and lower levels of a Bollinger Band. This is a centred oscillator where anything below the zero line is indicating a short signal and anything above zero is...
This "on chart" indicator is used purely as a visual sentiment to directional momentum of the pair you are looking at. it is split into two parts, both of which i will explain below. 1, The SMA (purple and blue fading visual mas) this is used to find the directional momentum 2, the DMA (a slightly delayed Moving Average), is used to decide if the market is...
|AG| Heiken Ashi Scanner Heiken Ashi shares some characteristics with standard candlestick charts but differs based on the values used to create each candle. Instead of using the open, high, low, and close like standard candlestick charts, the Heikin-Ashi technique uses a modified formula based on two-period averages. This gives the chart a smoother appearance,...
An indicator that shows multiple Smoothed Moving Averages, with buy/sell signals on the second and third moving averages crosses
Crossing the Smoothed Moving Averages with settings 5 & 13 give you confident signal for selling or buying. IMPORTANT: Signal is always late. SELL : Short SMMA (5) cross the Long SMMA (13) from top BUY : Short SMMA (5) cross the Long SMMA (13) from down
Balance Builder is the culmination of everything I've learned over the last few years and will be my exclusive FOREX and crypto trading indicator going forward. I will be developing and updating it on a regular basis. The unique signals it generates do not repaint, nor do they lag. What you are seeing is real-time and will not change once the current candle...
MACD normalized with its highest and lowest values over the last “Normalization period” - includes alerts
A set of smoothed moving averages that stay at a fixed timeframe, regardless of the timeframe of the chart but don't have nasty jaggedy lines. Instead, they are smooooooooooooth...
This Volume Effectiveness indicator is designed to allow users to try and identify how effective volume is on each candle, and smoothing those values over time to try to find trends. Volume Effectiveness is the % change in price for each single unit of volume on the associated candle. The value can be positive or negative, but there is an option to just monitor...