This is my mod of a wonderful script by alexgrover. See his comprehensive description of the logic behind the script at his page at .
Added are labels, alerts and selection of periods among (mainly;)) fibo numbers.
Here we are demonstrating a different approach to trend analysis using AlexGrover's G-Channel. Using this method of trend detection, we will consider the asset bullish if it breaks through the upward bounds of the channel at any time, and consider it bearish once it breaks downwards.
We have also simplified coloring: If we're in an uptrend, we're only drawing...
after many searches, tests and errors, think this system is complete now
just enable all the staff there, see what targets are more interesting according to your trading style and happy trading to everyone
i use it for scalps, it also works on 1min chart, buy when actual price is below to any of those targets and sell at target
if actual price is above the...
Channels indicators are widely used in technical analysis, they provide lot of information. In general, technical indicators giving upper/lower extremities are calculated by adding/subtracting a volatility component to a central tendency estimator. This is the case with Bollinger bands, using the rolling standard deviation as volatility estimator and...
Candlestick pattern alerts for strategies "Candle Patterns Strategy" and "Candle Patterns Strategy - 2".
In order not to receive unnecessary signals, in the "Manage alerts" option should be selected "Once per bar close".
I just updated Easy indicator to make it little more advance
add (SAR,Zigzag,Supertrend etc)
very important that when you set the info panel make sure its in correct position , so here in btc 4 hour chart I put 10500
for other tf or assets this you need to fix by your own. so lets say you load xrp then put a number like 0.3 and try to see if it fit.
the buy and...
The cash in/cash out report (CICO for short) was built with the intent to quiet the market noise. The blunt way to say it, this indicator quiets the market manipulators voice and helps the retail investor make more money. I believe money is better of in the 99% hands versus the greedy hoarding that is currently going on. There are dozens of companies in the SP500...
CAUTION : This system was inspired from seiglerj' s "Money Flow Index " script. Open Interests are used instead of volume.
What is the Money Flow Index ( MFI )?
The Money Flow Index ( MFI ) is a technical oscillator that uses price and volume for identifying overbought or oversold conditions in an asset. It can also be used to spot divergences which warn of a...
This indicator suggest a strategy, which is quite similar to multiple MA or multiple RSI strategies.
This indicator can be used for all timeframes, all markets.
This indicator can help detect the market trend and momentum.
Default values are TRIX - 6, 12, and 24 periods and MA(8) for each TRIX line. You can choose what type of MA to be used (EMA or SMA).
So this is a Bollinger resistance and support map, I just convert it to v4 and add info for current upper and lower levels
The length is 60 (instead of regular 20) and we make it to be MTF
Ok , so how this system work
we choose TF and I normaly use 3x or 4X of the MTF (you can choose your own)
then we need to decide if we want to long or short
if we go long...
Logic is correct.
But I prefer to say experimental because the sample set is narrow. (300 columns)
6 inputs : Volume Change , Bollinger Low Band chg. , Bollinger Mid Band chg., Bollinger Up Band chg. , RSI change , MACD histogram change.
1 output : Future bar change (Historical)
Training timeframe : 15 mins (Analysis TF > 4 hours (My...
Disregard the strategy as it just example
So I converted this template from older versions to v4 ,as it simple and very nice for those who want their indicators to look better :)
Just replace the indicator and rules of buy and sell by your own.
it has nice trailing stop with nice trailing % take profit and stop loss.
you can choose either long only or short only...