This indicator was originally developed by Stephen J. Klinger (Stocks & Commodities, V.15:12 (December, 1997): "Identifying Trends with Volume Analysis").
NOTE: this is the only correct version of Klinger Volume Oscillator in the public library.
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A simple scalping indicator, based on Highs and Lows.
It's working in any timeframe, the only condition is ... volatility .
Values are already set, but you can change them according to your preferences and to your chart.
Alerts are enabled.
Based on Trend Channel
Ema-crossover is added
Crossing alerts, only on trend
Basado en mi anterior indicador, Trend Channel
Se agrega Cruce de Medias Moviles (Ema-crossover)
Las alertas solo son en favor a la tendencia
El valor de SMA Range es arbitrario (No Backtesting). Cambia la amplitud de canal que determina cuando es rango (barras amarillas por estar...
Visualize MACD bullish and bearish crossovers on your chart as an overlay. This way you won't necessarily have to add the MACD script and check manually at which point on your chart the MACD crossed. Optionally you can set alerts on the MACD crossovers in case you would like to trade from this after the signal occured.
This "Study" project has been created by request and is used in conjunction with the "Strategy" version.
*** EXPERIMENTAL ***
*** USE AT YOUR OWN RISK ***
Indicator based around Renko Bar Chart emulator (ATR) with direction change used to signal buy/sell trades.
I have generally found that setting the strategy ATR resolution to 3-5x that of the...
This indicator is meant to aid those who use Moving Average crosses as part of their trading strategy. This can be used to help identify turning points in trends.
You can customize what timeframe the MAs are derived from (e.g. can use current timeframe, or can hold it to 1d timeframe across all other timeframes)
When the fast and slow MAs cross each other, the...
I didn't publish on Friday because I was working on an Expert Advisor in MT4. The day I don't publish, some scripts spamming guys published many (not useful) scripts the same to kick me out of the TOP #1 ranking.
So what I'm going to do about it? crying or sharing more quality scripts than before? :)
I guess you know the answer :) I'm gonna share a...
To use this indicator is simple.
When the VWAP (Thick Yellow) AND the two SMA (Orange and thin Yellow) cross above the MVWAP (Purple) then you will be in a uptrend that could possibly continue upwards. The opposite is true if you are looking a short opportunity, wait for the three other lines to cross under the MVWAP and you should be in a downtrend that could...
This is my simple way to quickly see MACD signals without having the MACD taking up space. The one at the bottom is for display to show how this works. A crossover occurs when the arrow flips over. The position of the arrow tells you if it is currently above or below the zero line. You can change the script to overlay and have it show up above or below price...
Made a little update to my trading system. This system is made so that you can easily follow the trend and know when to get out. You still have to know basic market structure to find a good entry.
NB!! I see that i placed the entry wrong on the example, you have too wait for the EMA to go below the MA :)
I have posted the right one at the bottom.