Just a modification of my old auto-line script, lot of errors fixed and a correction in the standard deviation. Also changed the tittle because "auto-line" was really confusing.
Introduction There is a lot of indicators similar to this one, however i think this one don't share the same calculation method and this is why i share it. This indicator aim to forecast price direction using an exponential filter architecture using highest and lowest information for the estimation of a smoothing variable. This filter is similar to the average...
This Indicator shows you the major moving averages, both in simple and exponential.
The goal of this study was to use ADX from Higher Timeframe - to determine trend direction Why? Because ADX is very sensitive, able to show trend ending without any delay, but not in the middle of it. Being able to see such immediate trend change on higher timeframe, is a great indicator of trend direction. Adding just security() calls to 'highest', 'lowest' and...
Introduction There are already several indicators who measure the time behavior relative to price, the most well know being the Aroon indicator published by Tushar Chande. I propose an alternative indicator TPI who tend to create less whipsaw's at the cost of small reactivity. The Indicator The TPI is in a range of 0.5/-0.5 and is no different than the...
Introduction The Dynamically Adjustable Moving Average (AMA) is an adaptive moving average proposed by Jacinta Chan Phooi M’ng (1) originally provided to forecast Asian Tiger's futures markets. AMA adjust to market condition in order to avoid whipsaw trades as well as entering the trending market earlier. This moving average showed better results than...
Introduction The ability of the least squares moving average to provide a great low lag filter is something i always liked, however the least squares moving average can have other uses, one of them is using it with the z-score to provide a fast smoothing oscillator. The Indicator The indicator aim to provide fast and smooth results. length control the...
Introduction The non-signal version of the absolute strength indicator from fxcodebase.com requested by ernie76 . This indicator originally from mt4 aim to estimate the bullish/bearish force of the market by using various methods. The Indicator Two lines are plotted, a bull line (blue) representing the bullish/buying force and a bear one (red) representing...
Background version of the Dominant Cycle Tuned Rsi Background published here
Introduction The gann hilo activator is a trend indicator developed by Robert Krausz published into W. D. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities . This indicator crate a trailing stop aiming to show the direction of the trend. This indicator is fairly easy to compute and dont require lot of skills to understand. First we...
This is an indicator that plots customizable Kijun Sen and Tenkan Sen from the Ichimoku chart. Since Kijun and Tenkan can effectively be used as an alternative of EMA and can play a pivotal role in many strategies, this indicator can be helpful
This indicator measures the distance between the Guppy EMAs. Fast and Slow Guppy distances are plotted based on traditional Chris Moody Guppy colors. Green = Long Term Bullish Red = Long Term Bearish Gray = Neither Similarly colors for ST Bullish and Bearish signals based on Guppy. Thank you, CM and xkavalis!
This is a very simple indicator to that marks a candle after a specified number of consecutive closes above or below a Simple Moving Average. The purpose of the indicator is to provide a quick visual cue that there is a strong trend in play.
Introduction A pun between the word flag and the adjective flagging (less dynamic) , this indicator have two bands who react faster when in contact to the price. Imagine you are under sheets, if you abruptly rise, the sheets will instantaneously go up, then if you abruptly get down, the sheets will fall slowly until being in contact with a surface, this is...
Introduction Roughness of a signal is often non desired since smooth signals are easier to analyse, its logical to say that anything interacting with rough price is subject to decrease in accuracy/efficiency and can induce non desired effects such as whipsaws. Being able to measure it can give useful information and potentially avoid errors in an analysis. It...