KISS Addie is the ADX and DI+- indicator and is part of the 'keeping it simple' series. ADX is your Average Directional Index and DI is you Directional Movement Indicator. ADX - Will show the strength of the trend regardless of direction. 00 - 10 : No trend 10 - 20 : Transitioning trend 20 - 40 : Trending 40 - 99 : Exhausted (Can also be considered a stronger...
Range Strength is a super simple indicator designed for the mean reversion (range trading) strategy, it shows you how strong the market is ranging or trending. When the indicator is positive (green color) the market is a range mode, when the indicator is negative (red color) it is in a trending mode. It's best used together with our Buy Sell Bands indicator to...
Bar Balance extracts the number of up, down and neutral intrabars contained in each chart bar, revealing information on the strength of price movement. It can display stacked columns representing raw up/down/neutral intrabar counts, or an up/down balance line which can be calculated and visualized in many different ways. WARNING: This is an analysis tool that...
This script plots two moving averages but is mostly designed to highlight a fill strength gradient. The fill strength gradient shows a more opaque fill based on the current percentage difference of the current difference to the maximum difference in two MAs in a trend. Citation: PinceCoders - Slight modification on color functions
XPloRR S&P500 Stock Market Crash Detection Strategy v2 Long-Term Trailing-Stop strategy detecting S&P500 Stock Market Crashes/Corrections and showing Volatility as warning signal for upcoming crashes Detecting or avoiding stock market crashes seems to be the 'Holy Grail' of strategies. Since none of the strategies that I tested can beat the long term...
Helps to sort through different intervals to find matching price vs indicator patterns. Works well on ALTs and STOCKS too. You will find that the level on Compton will signal strength of the asset in a different way than RSI. Patterns and momentum are very important.
This is a free indicator created by Stormpike Group that displays the relative price of an underlying for the given period.
Bias And Sentiment Strength (BASS) Indicator is designed to be a quick visualization as to the market strength. Pair with Alligator, MACD, or Moving Average lines on your chart for good results. How to use this indicator: Blue above 0 is positive sentiment, red below 0 is negative sentiment. If you have blue above and red below, be cautious! The Bass is telling...
Example how to color patterns of 3 bodies growing or waning by percentage with or without trend. Also included option for alert triggers. The yellow triangles on the chart denote where the alert triggers will fire. • Choose Pattern Of Filter: shows bodies growing or waning or both. • Sample Lengths Of AvgBar: number of recent bars to use for average size. •...
The Absolute Strength Histogram is an indicator that measures the current strength in market. If the red line crosses the green line the bears are in control. If the green line crosses the red the market is in favor of the bulls. General Usage Signals are created on line cross. They that can be used to EXIT or LONG/SHORT a trade. It is worth investing the...
The Rex Oscillator measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. When the Rex...
The Absolute Strength Histogram with built in strategy tester to help you find optimum trade entries, and best parameters for your System. Includes - Backtest start date - Backtest end date - Money Managment (percent risk, stop loss and take profit distance and ratio). - Fully Featured Absolute Strength Histogram - with many MA modes and options. The indicator...
This simple Indicator shows: (1) The D irection of a trend (2) The S trength of a trend hence the name "Direction & Strength Indicator. How to read this Indicator: Indicator above "resistance area" => strong UP trend Indicator above 0 .................. => weak UP trend Indicator below 0 .................. => weak DOWN trend Indicator below ...
Bar Strength Index (BSI) by Cryptorhythms Intro BSI is an totaly new and original indicator derived from Internal Bar Strength. It can be classified as similar to an RSI, but its method of calculation is very different so it sometimes gives an edge where RSI does not. In the chart I have included RSI (red line) as a comparison for you to contrast BSI with. ...
Hi guys, So after a lot of feedback on the initial Runar script, I have finally completed V2 as per your feedback. The original script had some issues with repainting as this is a multi-time frame script and the periods we included on the original were far too large. This actually addresses the other issue of the script originally being quite slow or very...
A private strategy from the Profitable RSI preview for backtesting purposes.
A private strategy from the Profitable Jurik RSX preview for backtesting purposes.