The Kovach Momentum indicator averages instantaneous momentum, while employing advanced signal processing algorithms to minimize lag and filter the effects of volatility. Consider using it with the Kovach Chande indicator and Kovach OBV indicator.
The Kovach OBV measures sustained buying pressure. It features advanced signal processing algorithms to minimize lag and filter the effects of volatility. Consider using it with the Kovach Chande indicator and Kovach Momentum indicator.
Calculates the strength of a particular currency taking into account it's rate of change (% price change in a period) in all correlated and anti-correlated pairs. For instance, when looking for USD strength we will add ROC for USDCAD, USDCHF and USDJPY while subtract AUDUSD, EURUSD, GBPUSD and NZDUSD. After ROC step, one can smooth the result using EMA, or...
Hello Traders...! Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS", this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!! - It works on any time frame - along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines . - Pls donot...
This Indicator based on Mandelbrot Chaos Theory clearly shows Trends and Swings as a colored strip in the bottom of your screen. It does not repaint, work well in all timeframes and it is alert friendly. Adjust colors and brightness and use it in conjunction with your trading system.
This script clearly shows trends. Add it to your charts, adjust colors and brightness and apply your trading method accordingly. It does not repaint and work well in all timeframes.
This is version 2 of Ultratrends. Like the last version: Fuschia is pivot down, yellow is pivot up, up is confirmed up, down is confirmed down, green is uptrend, red is downtrend, gray is no trend. "UP" Is a good indication that the market is going to go up. "DOWN" is a good indication that the market will go down. However, use your head. Think about...
Hey All, This is an indicator I was developing over the last year. Over some extreme testing and good test results. I am confident to add this to the pool of my indicators. Yes, this is a protected script. Contains some intensive research.... and every value here is manipulated to fit a general context. Therefore, treat this just like any of my indicator. If...
This is the third version of Bull Trading Easy Scalping Tool for 1 minute charts. This improved code filters trend direction and power to avoid some false entries on horizontal markets. Exits after profit are commonly taken when the price hits the ma's. DISCLAIMER: The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice...
Comprehensive Trend Trading System Indicator made up of the four components to help you successfully trade market trends: Entry Signals (Green & Red Arrows) The entry arrows indicate entry conditions are present. Green for long entries and red for short entries. If you already in position in the direction of an entry signal, ignore it. Switch to position...
This alert friendly indicator is designed as a scalping tool, it displays arrows for entries and color differentiation for exits. Play arround with Trend Length settings for signal sensibility. Comments for improving are very welcome. DISCLAIMER: The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice or recommendation...
v1 Big Shadow candles based on "How Naked Trading Works" video by Walter Peters: https://youtu created by AlistarElvis v2 Bugfix calculation largest candle, added parameter for alternative calculation largest candle
**You must enable bar colors in the options for the script if you wish to see them** This indicator is very useful for spotting trends / tops / bottoms. This is the ultimate altcoin pump spotting tool. Use on higher timeframes for greatest accuracy. If altcoin is newish (ZEC for example), try 4h rather than 1D or 3D. Green = Uptrend Red = Downtrend Gray =...
This volume indicator gives you a unique perspective and ability to analyze volume in any market. The upper line that is always >=0 represents average up volume over a user definable period while the lower line that is always <= 0 represents the average down volume over a user definable period. green == bullish candle but volume lower than average lime ==...
Using Modified code from Lazybear's CVI 0.17% indicator and some logic, this script can help identify value buy and sell opportunities at a very early phase. Best used as a confirmation tool. This is a beta, so use it as such. Enjoy. Sometimes "top" indications in an uptrend mean to look for an opportunity to add to position while "bottom" indications during a...
Hey all, I have been using this strategy for a while, just like my last script (XAG/USD Spread) this utilizes my 'holy grail' method of basket weighting (aka why the script is protected). This script just looks for periods of time when the euro is gaining against a basket of currencies and the USD is losing vs the basket (and vice versa) I use this script on...
Forex AUDUSD Strength Index is calculated by the major exports of Australia, those are iron,coal,natural gas,gold,oil,copper and wheat. As Australia economy relies on resources more than product and services, rate of change at export prices can give good information about the currency strength. The influence factor of each export type is determined by OEC...
Simple but effective don't pay $300 for an MT4 indicator when you can use this for free. Feel free to make it your own!