This script was developed with Blockhead305 (seriously talented) and uses 1) the Three Line Strike from The Moving Average as well as 2) an original doji script written for me and 3) the Interactive Trendline as developed by Blockhead305. The basic premise is that should a doji or Three Line Strike occur within a customizable ATR distance from your trendline, an...
Title : "The Dual-Dynamic Fibonacci Retracement Script: An Advanced Tool for Comprehensive Market Analysis"
As the author of the "Dual-Dynamic Fibonacci Retracement Script", I am delighted to introduce you to this cutting-edge tool for technical analysis. Unlike conventional Fibonacci scripts, this advanced model incorporates multiple unique features and...
ACBR, or, Average Candle Bodies Range is a volatility and momentum indicator designed to indicate periods of increasing volatility and/or momentum. The genesis of the idea formed from my pondering what a trend trader is really looking for in terms of a volatility indicator. Most indicators I've come across haven't, in my opinion, done a satisfactory job of...
The Break and Retest indicator strives to provide a visual aid for spotting areas of continuation and pullbacks. Support and resistance levels are drawn out automatically and have sequential conditions in place to determine a breakout following an eventual retest. Additionally, there are methods in place that try and detect liquidation events and still output a...
In my opinion the %K is the only part of the stochastic that you actually need. It's the fast RSI, so it responds much better to large price movements and reveals divergence a lot sooner than %D. The %D has no real confluence with the rest of my strategy so, I only use %K.
An overlay version of pertinent signals from my version of LazyBear's Wavetrend Oscillator.
Shows momentum of long period WTO as either background colors or symbols.
Shows continuation and reversal trade signals.
If Secondary WTO is above the center line (momentum is long), then symbols print across the top of the chart when the primary (faster) WTO comes into...
CCI indicator swiff knife.
A lot of different usages of CCI ae possible with this script :
- 2 CCI lines crossovers.
- CCI - 0 Line crossovers
- CCI + Moving Average crossovers (many types of MA are available)
Filters can be added.
CCI can be used as a confirmation indicator, a continuation indicator, an exit indicator, a chopiness indicator .... It can even...
Shows the historic bar type, whether it is up, down, up and inside, down and inside, up and outside, or down and outside. Will only display historic bar type based on the selected time timeframe. (Ex. if you are looking at the weekly time frame, you will only see the bar type for Year, Quarter, Month, and Week. It will not display the Day or Hour bar type.)
This script color codes the price bars based on the close-value position relative to a moving average ribbon. Rainbow colors used for simplicity and readability.
Use to study which colors are most likely to produce continuation vs. reversal.
**** MUST use bars, not Japanese candles! ****
This is a very simple script... it does not necessarily create signals. It only provides useful feedback via statistics & probability.
There will be a green background if there are two green bars in a row, and it will stay green until two red bars show up (in which it switches color to red until two green bars show up again).
The fuchsia arrows show the double...
Mean Reversion and Momentum
Interpretation:
- Divergence means trend reversal
- Parallel movement means trend continuation
Squares above serve as a confirming signal
This strategy works well on all time frames, however, I'm sure everyone will have their own personal preference.
**Ignore the main chart at the top, the strategy is posted in the image below.
Trend Continuation Factor indicator script.
This indicator was originally developed by M.H. Pee (Stocks & Commodities V. 20:3 (58-64): Trend Continuation Factor).
