The usage is very easy. When the line is green you can open long position, when the line is red you can open short position and when it's black just check by yourself. Usually I use it with RSI and Bollinger Bands , in order to determine when the signal is strong or weak. Just play with fastest and slowest SC to adjust the smoothness.
Settings: FRAMA: blue line, SC = 252, FC = 40, length = 252 EMA: orange line, length = 50 FRAMA seems to be the evolution of the current and much-used EMA. The basic strategy is simple: long if the price crosses up the line, short or exit if vice versa. The main difference between EMA and FRAMA is that the first one seems to lag much more than the first...
This is a good reminder for which way you should be placing orders. It's best to not ignore these signals!!! lime = full bull - 100ema above 200ema and price is above 200ema green = hallf bull - price now below 200ema but 100ema is still above the 200 maroon = full bear - opposite of full bull red = half bear - opposite of half bull Also with multi...
Contains RSI; EMA of RSI; EMA of EMA of RSI; Stochastic Oscillator; 2 Inverse Fisher Transforms on RSI - IFRSI89 and IFRSI233 XOVER on higher timeframes from oversold/overbought is useful signal; RSI Trend/Divergence Candles with color variation based on multiple RSI length detection of trend decay; Chart candle overlay coloring based on RSI, eRSI, and eeRSI EMA55...
Function describing Exponential Moving Average.
first version not right. error is corrected, was unable to delete first version. Version 2 this version works right
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. The Hull Moving Average solves the dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. (hoping in...
Average Price Movement inidcator displays the high/low for the period over time. On top of that an 8 period exponential moving avergae is attached to get average movement over time. It provides, for eg. on a Daily chart, gives a day range and this can be used to book profits or place stop loss. It is very simple indicator to provide price range over time.
Double ema rsi, oscillator to discern directional bias.
Uses a 1 period zero lag EMA for the fast line, SMA for slow line. Shows intersection candles in lime for positive crosses, orange for negative crosses.