TrendSetter RasterChart is an indicator that differentiates between cycling and trending moments, but is also effective at identifying reversal points. The bottom of the chart is most reactive and indicates reversals very well. The upper portion of the chart displays cyclical periods, upward trends, and downward trends in three different colors for tricolor...
Introduction
Using conditions in filters is a way to make them adapt to those, i already used this methodology in one of my proposed indicators ARMA which gave a really promising adaptive filter, ARMA tried to have a flat response when dealing with ranging market while following the price when the market where trending or exhibiting volatile movements, the...
Hello traders
With this fabulous script, you can color the candles based on the indicator and timeframe you want
You can only apply one indicator at a given time obviously
The list of indicators are the following:
- Price vs Moving Average : if price is above, bullish color, if price is below, bearish color
- Trend Signal : if the Trend signal is pointing...
Hello traders
I updated the Trend signal indicator from @riffster21 (www.tradingview.com) and added alerts and pullback to it.
Nothing fancy but still extremely useful
How to use the Trend signal with alerts indicator
In this screenshot, I didn't select the most optimal timeframe, neither the most optimal input for the indicator. I just wanted to explain...
Our proprietary continuation signal. This is a compliment to the original slingshot, using a different algorithm to catch different types of continuation patterns.
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below.
To reduce the number of...
ThunderTrader : ThunderLight
ThunderLight is indicator to track or calculate hidden consolidation or accumulation where the whales prepare for next pump
ThunderTrader : ThunderRainbow
ThunderLight is indicator to track or calculate hidden demand, supply and accumulation where the whales prepare for next pump or next dump
Time Frame Rules:
It works for any...
This indicator shows you Bitfinex Longs&Shorts charts in one handy indicator. It's fully adjustable to your own prefference.
Tipjar : 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 (btc)
This is the K2 Trend Meter Indicator. The K2 Trend Meter Indicator demonstrates the overall trend for 4 different time-frames and is meant to be used in conjunction with the K2 Trading Strategy Indicator when applying the K2 Trading Strategy System.
If you are interested in using our K2 Trend Meter Indicator or K2 Trading Strategy System, come check us out at ...
Hello traders
The SMA 50 is known to define a trend. If price is closing above, trend is bullish, if below, trend is bearish.
That's why I like to have all of them on my chart :)
Enjoy
David
Hello traders
This is a dummy example showing how you can combine 2 indicators and display a signal when there is a convergence
In this case, it will display a blue BUY diamond when both the MM cross and MACD are in the same BUY direction. Same with a PURPLE diamond when both subsequent indicators are bearish
Please note it will display only the first occurence....
Hello traders
Some friends asked me to do it so... sharing it for everyone instead
This indicator detects when the first moving average is above the two others. It's a very powerful tool for trend traders that use multiple moving averages to detect a strong trend
Enjoy
Dave
Hello Traders
This script color the candles to remove some noise related to the natural color of the candles
Basically, it will color the candles based on how the candle is positionned versus a moving average
For traders thinking that price above a moving average is bullish/price below a moving average is bearish, this is a powerful instrument to have in your...
Hello traders
This indicator is to color the candles based on a MACD Zero LAG
Just wanted to show that removing the noise from the candles natural coloring could be very helpful to determine a trend and stay focused
Enjoy
Dave
