The PVA bars and PVA candlesticks are used together with PVA volume for easy recognition of those specific chart time frame bars where special price and volume situations occur in PVSRA. The special situations or requirements for the PVA colors used are as follows. Situation "Climax"..... When volume >= 200% of the average volume of the 10 previous chart TFs or...
This is a new breed of strategy that used volatility in many time frames in order to come to an average volatility factor which is further calculated with another in house formula in order to take advantage of the fast movements of the price action by making fast profits. This is an experimental strategy that should be analyzed very carefully before using it as...
This indicator plots on the chart the parameters and signals of the Price Action and 3 EMAs Momentum plus Sessions Filter Algorithmic Strategy. The strategy trades based on time-series (absolute) and relative momentum of price close, highs, lows and 3 EMAs. I am still learning PS and therefore I have only been able to write the indicator up to the Signal...
I described the indicator in the link below, this is a strategy version to test settings.
This shows the distance to a moving average of your choice as histogram, you can select your moving average at input "Oscillator Source". You need to have a plot on your chart (like EMA or anything else) so you can connect this indicator to it. I used Ichimoku Cloud's 20 period Conversion line (blue line) as example on the chart. You can look for divergence on...
We have set a period such as EMA to use 5 minute bars and the first band is period 60 and 100 EMA. The color of the belt changes according to the position of the period 5EMA-25EMA-50EMA. The second sash is based on a 60- and 100-EMA period of 15 minutes. The change in the color of the obi is also a 15-minute specification. Since the above period can be changed, I...
You like 1 minute charts? You haven't lived until you've traded 1 second charts.
// DESCRIPTION OF STRATEGY HiDeep Strategy Author foresterufa This is a counter-trending strategy that is gradually gaining a position against the trend at the best price. A prerequisite for completing a position is the price exit from the internal channel on the chart and the appearance of the HiDeep indicator. The condition for closing the position is touching...
Simple indicator for trend following. It is simply a substraction of two SMAs (by default it is 12 and 26). Value over 0 means the market is in uptrend, while value below 0 means the market is in downtrend. Values of extremes (overbought/oversold market) are dependant on the input values, so I am not advising any value in particular.
Script was blocked my Mod due links etc. Re posting it // Deafult is VWAP and MVWAP 50 Period EMA of VWAP // Orange Line is VWAP and Blue is MVWAP // Intraday Trading Setup Idea Generated my Mentor ST of This is not a paid promotion of any sorts just a small contribution for the community as a good will gesture and token of respect to ST
Indicator to compare two EMAs. Difference will be plotted on a histogram and the color of the historgram is indicating, if a difference is getting bigger or smaller. This will help to determine positioning. In addition there is an traffic light at the bottom to indicate if Stochastics are currently bullish ( k > d ) or bearish ( d < k ). How to use: - Decide on a...
This is a variation of an exponential moving average which follows the price pretty smoothly. Feel free to change the factor to adjust how closely it follows the price. I set the default to 0.2 Let me know if you want me to write code for any other indicators!
There can be many ways to make a simple moving average, you can either sum the current and the n-1 previous data points and divide the result by n , or you can do it more efficiently by first taking the cumulative sum of your data points, and subtracting the current cumulative sum result with the cumulative sum results n bars ago, then divide the result by n...
The Moving Average Adaptive Q (MAAQ) was authored by Perry Kaufman in the Stocks and Commodities Magazine 06/1995 This is similar to his Kaufman Adaptive Moving Average with a few changes. This is a pretty close moving average which I like quite a bit. Try it and let me know what you think. Send me a message and let me know what other indicators you would like to see!
The Feeling Indicator helps to understand which direction the market is going.
This indicator plots the distance in percent from price action to a moving average. Negative values mean that the price is below the moving average and positive values mean that the price is above the moving average. You can chose from EMA, MA, WMA, HMA for your input moving average. You can also change the period and source( open, close, high, low ). This is...