Fixed a typo in the code where BB multiplier was stuck at 1.5. Thanks @ucsgears for bringing it to my notice.
Updated source: pastebin.com
Use the updated source instead of the what TV shows below.
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).
What is a divergence?
In the case of strength and momentum indicators, it is when the price deviates from the movement of the oscillator, it can have significant implications for trade management.
Divergences in an uptrend occurs when the price makes a higher high but the indicator does not. In a downtrend, divergence occurs when the price makes a lower low,...
The Backtesting Trader to our Signature MGv6. The results in the table below suggest if one was to start with $1k, and trade with the parameters we've established, the trader would succeed on this timeframe > 70% of the attempted trades, and have a 7x profit factor with their investment for the duration shown here.
You can read about the strategy within the next...
Coin Observatory, back with another indicator.
We call this one the:
Weekend GRAVITY indicator!
How to use this indicator:
-ONLY APPLICABLE FOR WEEKEND PRICE ACTION:
-If BTC is trading above our GRAVITY indicator, low leverage shorts, until price returns to gravity line.
-If BTC is trading below our GRAVITY indicator, low...
TDFI can range from -1 to 1 and thus indicate the direction of the trend.
In periods of consolidation ratios take very low values close to zero as a rule, do not exceed the value of 0.05 (and -0.05), which have set arbitrarily as horizontal signal lines. Rate accelerates rapidly to higher values when the consolidation ends and is a good chance of becoming a...
Additional settings of the parabolic indicator allow you to fine-tune it. Usually there are three parameters in the indicator that can be changed. This is the start, step and maximum step. In this version of the indicator, multipliers for each of the three parameters are added. These additional settings will allow you to fine-tune the indicator for the trading...
🐮 Bull Bear Filter 🐻 Chart Signals v1.0 by Cryptorhythms
⏳The long awaited release of the stochastic chart signals is upon us! Thanks to all our members for waiting so patiently while we finalized this indicator. Without your support, suggestions, enthusiasm and help none of this would be possible. We owe it all to you guys!
Trading.shiksha proudly launches its most awaited and perhaps worlds most accurate trading tool for NSE:BANKNIFTY.
Prior to its launch this indicator have undergone massive testing in real time markets by some of the very well experienced traders from across the India.
The study generated by the final version which is being released today hit only 2 stoploss in...
- Heiken Ashi trend
- Candlestick color like Heiken Ashi
Free Telegram group:
Do you need an Script or an expert adviser for Forex, contact our coding service!
Telegram User: t.me
Non-repainting multiple time frame RSI with shading of overbought and oversold levels.
Includes option for simple moving average smooth of the RSI (Larry Connors)
Includes option to plot the EMA of the RSI
Related to RSI Shaded.
For other multiple time frame indicators see:
Adaptive ATR-ADX Trend
Fisher Transform MTF
Laguerre RSI MTF
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.
Generally HH and HL shows up-trend, LL and LH shows down-trend.
If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
🔗Blockchain Fundamentals - Bitcoin Network Momentum by Cryptorhythms
Network Momentum is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin`s price. It serves as a leading indicator of Bitcoin bull markets. Sufficiently high levels of value throughput...
This strategy is based on a mix of indicators. Institutional trades enter the market following the rule: trend, volatility and volume.
If we want to find the trend it is necessary to use the CFB composite fractal behavor, you can look for it within my indicators the explanation. the CFB will be in charge of finding the right trend. if we have the tendency in hand...
♒ RBCI - Range Bound Channel Index by Cryptorhythms
This is my best approximation of the RBCI. Its not perfect, but it does the job well enough.
A good way to use it is to enter when the singal line (light blue) RE ENTERS the channel from below. I circled these points on the indicator in green.
Information to create was gathered mostly here:...