This indicator shows us if the price is moving up or down based on the ratio of current price vs previous bar.
If this ratio is above 1 then this indicates that the price is increasing, while if the ratio is below 1 the price is decreasing.
HOW TO USE:
Set the desired EMA length, number of previous bars to compare with and offset.
Markets:
It can be used to all markets.
If this ratio is above 1 then this indicates that the price is increasing, while if the ratio is below 1 the price is decreasing.
HOW TO USE:
Set the desired EMA length, number of previous bars to compare with and offset.
Markets:
It can be used to all markets.
版本注释:
版本注释:
- Potential SHORT and LONG entries
SHORT = red circle
LONG = green circle
- Signal line (blue)
SHORT = red circle
LONG = green circle
- Signal line (blue)
版本注释:
Removed unnecessary plots and variables.
版本注释:
HMA added to bring more smoothness
版本注释:
HMA Offset added
版本注释:
Entry points are clear now.
Green - LONG
Red - SHORT
Green - LONG
Red - SHORT
版本注释:
Added SMA length for pricecomparison n-bars back
EMA set to 100
Offset set to 25
EMA set to 100
Offset set to 25
版本注释:
Minor bug fixed
版本注释:
Chart error fixed