All these indicators are by Mel Widner.
Projection Bands :
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These project market data along the trend with the maxima and minima of the projections defining the band. The method provides a way to signal potential direction changes relative to the trend. Usage is like any other trading band.
Projection...
Hi
Let me introduce my Detrended Price Oscillator script.
The Detrend Price Osc indicator is similar to a moving average,
in that it filters out trends in prices to more easily identify
cycles. The indicator is an attempt to define cycles in a trend
by drawing a moving average as a horizontal straight line and
placing prices along the line...
Hi
Let me introduce my CMO Oscillator with Filter script.
This indicator plots a CMO which ignores price changes which are less
than a threshold value. CMO was developed by Tushar Chande. A scientist,
an inventor, and a respected trading system developer, Mr. Chande developed
the CMO to capture what he calls "pure momentum". For more definitive...
This indicator plots Chandre Momentum Oscillator and its WMA on the
same chart. This indicator plots the absolute value of CMO. CMO was
developed by Tushar Chande. A scientist, an inventor, and a respected
trading system developer, Mr. Chande developed the CMO to capture what
he calls ?pure momentum". For more definitive information on the...
Hi
Let me introduce my CMOabs Oscillator script.
This indicator plots the absolute value of CMO. CMO was developed by Tushar
Chande. A scientist, an inventor, and a respected trading system developer,
Mr. Chande developed the CMO to capture what he calls "pure momentum". For
more definitive information on the CMO and other indicators we...
Hi
Let me introduce my Bill Williams. Awesome Oscillator (AC) script.
This indicator plots the oscillator as a histogram where blue denotes
periods suited for buying and red . for selling. If the current value
of AO (Awesome Oscillator) is above previous, the period is considered
suited for buying and the period is marked blue. If the AO value is not
above...
Hi
Let me introduce my Bill Williams. Awesome Oscillator (AO) script.
This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A...
My "to-publish" list is getting too big, so decided to push out 3 indicators in the same chart
Feel free to "make mine" and use :) Leave a comment on what you think.
Pretty Good Oscillator
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This indicator, by Mark Johnson, measures the distance of the current close from its N-day simple moving average, expressed in...
KRI is a leading indicator, just like RSI. More info: www.etoro.com
I have noticed KRI producing less false-divergences compared to RSI (in my limited BTC backtesting).
Give it a try / backtest on your instrument. Appreciate a note here on what you think.
About:
Averages, and the way they are compared and calculated make up a large amount of the indicators out there, so the fun thing about new averages, is how they open up a whole new group of indicators.
Usage:
This is Laguerre RSI. You'll notice it acts a little different than your normal RSI, and it can be traded in different ways. It can be used as a switch,...
