Hi All, This is a very simple indicator which provides the buy signal, when the moving average lines turns Green and sell signal, when the moving average signal turns red. This can be used for both intraday and scalping method with different timeframes. But best time frame is 5 minutes. Buy Signal >>> Line turns GREEN (Use trailing SL to cover maximum...
This indicator alerts when the deviation of close value from SMMA is more than 30% of the average deviation for the last 14 bars. The period of SMMA can be adjusted. This indicator has 3 hardcoded timeframes so there is almost no sense what timeframe you use. It gathers data from 15m, 1H and 4H timeframes and combines then on one chart. The markers are drawn one...
This indicator to be used only in BankNifty , shows Values of BankNifty Index & its top constituents. Dashboard Interpretation : LTP - Last Traded Price. D High - Day High. D Low - Day Low. I Points - Shows the contribution of top BankNifty constituents according to its weightage. PH-PL - "PH - PL" means LTP is trading between Previous Days High( PH ) &...
This is the Reverse Engineering EMARSI and SMARSI Indicator. It’s based on the work of Giorgos Siligardos on Reverse Engineering RSI. The Reverse Engineering EMARSI and SMARSI Indicator shows the Exponential Moving Average and the Simple Moving Average of the RSI line but plotted in the price chart. This script is also a complement of "Reverse Engineering RSI, by...
This is a Ribbon builder tool that allows customization and display of multiple moving averages (MAs) on a chart. The available MAs include simple, exponential, linear, weighted and many more. You can set a range for the length of each MA and adjust the multiplicator of the range for the second MA. A mixer for combining the two MAs is also available, and you...
This script is based off the original "Elder Impulse" system. It is based off a series of indicators including EMAs and MACD crossovers to change the colors of candlestick bars which can act as buy/sell signals to traders. Additionally this script plots 2 lines on the chart - one red and one green. These lines show the price levels needed for the current bar's...
Sinusoidal High Pass Filter This script implements a sinusoidal high pass filter, which is a type of digital filter that is used to remove low frequency components from a signal. The filter is defined by a series of weights that are applied to the input data, with the weights being determined by a sinusoidal function. The resulting filtered signal is then plotted...
This indicator takes a moving average, creates an envelope, and analyzes how frequently the moving average and its deviations act as areas of support or resistance. Using this information, you can determine how strong the moving average is as a support or resistance. For example, if the 200 SMA with a 5% range and 1% buffer has an S/R ratio of 1:1.5, then the 200...
This indicator works with the change of trend of emas When the fast 14 crosses above the 21 this is an uptrend. and when the slow ema of 21 crosses below the slow ema of 14 then we have a downtrend. It is accompanied by the Stochastic indicator that when there is a cross of Emas will give a bullish or bearish signal. Bearish signal When the...
Outlier-Free Normalization and Band Pass Filtering We present a technique for normalizing and filtering a given time series, source, in order to improve its stationarity and enhance its features. The technique includes two stages: outlier-free normalization and band pass filtering. Outlier-Free Normalization: In order to normalize source and reduce the impact...
Introduction: This script is a technical indicator for financial markets, designed to provide traders with a smoothed version of an asset's price using Brown's exponential smoothing method. The indicator adjusts the smoothing parameter based on the volatility of the asset, resulting in a smoother plot with less volatility and a quicker response to price changes...
The Root Mean Square (RMS) is a statistical measure of the magnitude of a set of numbers. It is a type of mean, or average, that is calculated by taking the square root of the sum of the squares of a set of numbers, divided by the number of items in the set. The RMS is often used to measure the magnitude of a time-varying signal, such as a waveform or a time...
we are presenting you new indicator with opensource script, this indicator uses 3x EMAs and 2 supertrends. Supertrends generate SELL or BUY labels when they are both red or green, meaning uptrend or downtrend. Main idea behind this indicator is filtering supertrend labels by 3 EMAs (filter>All EMAs Aligned) or just 1 EMA 200 Only. EMA (Esxponential Moving...
This indicator creates a high and low channel of moving average type selected, it also can draw deviation bands based on the channel for a unique representation of squeezes. Features Moving average channel displays constant high and low price trend. Center band displays color representative of trend direction constantly. High price trend line...
An easy to use MA-Cross that is easily configured for any kind of TA scenario v1.0 Features: - 7-period MA Prediction - Individually configurable MA types - Optional dark-mode and custom colors for quick adaptation to your custom chart appearance - Fill color between MA's for support / resistance clouds - Comes with with four optional presets as well as the...
Check on balance volume but with crossover. You can choose the smoothing method, which is set by default to use the Volume Weighted Moving Average (bringing volume to the equation is always a good idea) but you can change to SMA, MA, EMA, ... Hope you guys enjoy it and don't forget to rate it up! :) I plan to include % from 0-100 OBV in here later! Stay tuned....
Multi Moving Average Analysis A highly customizable indicator to help discover moving averages being used in the market. 📈 Chart up to 15 Moving Averages in the same indicator ⏳ Changeable time frame resolution Ⅲ Available types - Simple, Weighted, Volume-weighted ≡ Custom and pre configured length sets 🪄 Automatic hiding of moving averages a set %...
Brown's Exponential Smoothing Tool (BEST) is a script for technical analysis in financial markets. It is designed to smooth out price fluctuations and identify trends in a given time series data. The script begins by defining the "BEST" indicator, which will be overlaid on top of the chart. The user can then specify the source of the data (e.g. close price) and...