This is an effective trend-following script that uses a finite volume element, linear regression, quadratic regression and multiple EMAs to define appropriate times to enter and exit the market. It can be applied to any asset that has volume data available for it. As it follows the trend it's a very low-risk strategy, but it's not made to catch and ride...
we change the way that hoe the adx and di shows. the background shows the adx. the red color means di+di-.
I created this script with the following idea: To go LONG or SHORT when there is a trend in place. Steps taken to achieve such results were: 1) Go Long when the 15 EMA crosses above the 45 EMA and Go Short when the 15 EMA crosses below the 45 EMA Problem with EMACROSS is that they work great with a strong trend but not so good when the trend is...
This indicator highlights the market trend Base on Macd... It's also a multi-time frame indicator, which helps traders to make the best decision. You can send your feedback and comments to my email address: bj.ajdary@gmail.com @The_Last_Savior My Other Scripts in TradingView:
This trading tool identifies when price is in a range and when the trend is established from. Exclusive for our members.
A collection of three ribbons that have designated uses: Baby: follows price action quickly Strong: creates a support/resistance area Follower: follows trend momentum for sentiment bias, considerably slower with an option to quicken it The moving averages were made unique by myself, so you won't get them anywhere else. The exception is the current iteration's...
Signature indicator for use with the Peso Pros Daily Dinero strategy for the USDMXN. How to use the indicator is explained in detail in the members section of your online course.
Highlights in blue when an inside bar follows an inside bar. Double inside bars (when used on the daily timeframe) are a way of easily finding equilibrium patterns (i.e. pennant shaped price action) on lower time frames. There is usually a strong move in whatever direction these patterns break, so good to have alerts set up for your favourite markets.
Use this custom indicator to analyze the current trend of any market that you choose on all time frames. Works great as a secondary indicator while day or swing trading. Interested? Check us out here: www.scriptandbotmarketplace.com Join our discord to talk about bots, scripts, and crypto: discord.gg
This is a script that has a unique approach to trending. This offers a multi-phase concept of trending, which is shown by a multitude of colors. This non-repainting indicator will predict the phases of trend change and progression. This script is under research at this point, and is considered an alpha version. LEGAL STUFF: Risk Disclosure Futures , forex,...
Trend Detection Index indicator script. This indicator was originally developed by M.H. Pee (Stocks & Commodities V. 19:10 (54-61): Trend Detection Index).
This is a customized indicator that helps to confirm and identify breakouts displayed in the form of signals: The tool can be customised for all pivot strengths It can be applied on all timeframes but works best on the daily and weekly A “Buy” signal is displayed when a pivot high is broken A “Sell” signal is displayed when a pivot low is broken This tool also...
Trend trading strategies filtered by the Market Meanness Index. This is a port of the experiment described at www.financial-hacker.com www.financial-hacker.com www.financial-hacker.com www.financial-hacker.com The Market Meanness Index tells whether the market is currently moving in or out of a "trending" regime. It can this way prevent losses by false signals...
This indicator is a trend follower that uses exponential moving averages to estimate the trend strength and prints a BUY label every time that price action matches the algorithm conditions. Always wait for the closure of the current candle to confirm the conditions match. Ideally, the trade should be taken with a BUY STOP order placed above the signal candle and...
Excerpt from TraderHQ: "Darvas Box is a great technical analysis indicator, with an interesting background and creator. Nicholas Darvas, a dancer by trade, made $2,000,000 in an 18-month period trading stocks using the Darvas Box method, while traveling the world on dance tours. The method is designed to capture emerging trends, and ride them for big potential...
This is based on two well known Bill Williams Fractal and Alligator strategies. The following code is an implementation is similar to reversal strategy specified here: forexwot.com and another well know Alligator break out strategy. This was achieved by combining some of the ideas from two other indicators: True Williams Alligator (SMMA) by the_batman ...