This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator is covered in detail in their book The New Technical Trader. The DMI is identical to Welles Wilder`s Relative Strength Index except the number of periods is variable rather than fixed. The variability of...
This MACD indicator colors the MACD and signal lines according to the direction they are moving. - Eliminates the histogram from the traditional MACD indicator. - Uses a histogram for the MACD line. - Includes Bollinger Bands for the MACD line to help detect squeezes
The values used by this indicator are equal to MACD 12 26 9 (and Signal). Only changes are made to looks: If MACD closes higher than Signal, then we are seeing green. Else, we are seeing red. Another point is that we get a blue circle when there is a trend change from bullish to bearish or vice versa. Please note that there needs to be an offset for this. We...
// ###################################################################################### // This script was created because the original TTM Squeeze script // did trigger when only one of the Bollinger Bands was // in the Keltner channel. It now gives the option to use it as was // or to force it to only give a signal when both BB are in the Keltner channels //...
Bollinger Band based on EMA (close, 30) with fills between 2 and 4 sigmas which is originally developed by Mr. Yuya Mido (twitter.com) See the following video on YouTube for details (in Japanese) youtu.be
I made this script to get a line (or histogram) of the macd and the signal (macd + signal), the principle remains the same as with a standard macd. You can notice that the divergences are present, and that the interpretation does not change, personally, I use ema band, which helps me to confirm the tendencies and to detect divergences!
Price equilibrium study. Can be used for mean reversion.
It is a Strategy to use EMA crossover and MACD to decide when "buy" and when "sell", the key is spend some time "tuning" the parameters and using the simulation tool to find the best parameters for EMA and MACD there are 6 parameters, but with Excel and patience you could find the best configuration for the past and apply it to the future and see.
See description in script. Use any of the basis currencies to set the zero line. Toggle on/off what to view.
It is a MACD with strategy simulation implemented to "tune" the MACD parameters for cryptos, it only use long and close strategy, not short
TVI From MT4 BY:Melis ETHUSD 这个指标是根据MT4上的修改编译,当柱子在颜色之间转变的时候,可以作为入场信号参考。 可结合STOCH指标的顶底区域来进行判断。 This index is compiled according to the revision of MT4, and can be used as a reference signal when the column changes between colors. The top and bottom area of STOCH index can be judged. 参数自行调整 Parameter self adjustment
This is basically a 5-period seasonal average with an applied momentum (10 ) applied. This is plotted and compared to the current momentum (10). The current momentum is in red while the seasonal momentum is in blue. You can see that whenever the seasonal momentum and the current momentum are in the same direction, the probability of the trend continuing is...
Ehlers Stochastic Cyber Cycle indicator script. This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 8: `Stochasticization and Fisherization of Indicators`).
Ehlers Cyber Cycle indicator script. This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 4: `Trading the Cycle`).