The KDJ indicator is derived from the Stochastic with the one difference being the addition of the J line. This implies that the KDJ indicator has a total of three lines; %K%D%J. The %J is simply put, the difference between the %K and the %D lines, which is similar to the MACD.
The difference between the %J and that of the MACD is that it is plotted as a...
The quadratic semaphore indicator is an indicator that find confirmed market u-turn with the help of 2 quadratic regression calculated with Highs and Lows over the last “length” periods.
- “p” setting is candlesticks quantity to confirmed the quadratic regression has formed a High or Low parabola, such as Fractals. Consecutive same signals can happen due to the...
Buying and Selling Pressure Raw
Raw Buying and selling pressure Indicator. The Raw buying and selling indication is provided in terms of a Columns.
Green bars above zero show the buying pressure and the red bars below the zero line show the selling pressure.
This presents a good visual representation of the dominating pressure.
//RSI with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & easily show threshold crossovers.
//RSI is used to measure the velocity and change of directional price movements. It is very useful to help determine when an asset is reaching an overbought or...
Setup 9.1 by Larry Williams.
The indicator will give text signal and change the color of the signal candle, being based exclusively on the setup 9.1
Setup 9.1 do Larry Williams.
O indicador irá dar sinal de texto e alterar a cor do candle de sinal, se baseando exclusivamente no setup 9.1
MULTI-TF AVERAGE BBANDS - with signals (BETA)
Overall, it shows where the price has support and resistance, when it's breaking through, and when its relatively low/high based on the magic of standard deviation.
created by gamazama. send me a shout if u find this useful, or if you create something cool with it.
%BB: The price's position in the boilinger band is...
The Market Thrust indicator is a powerful measure of the stock market's internal strength or weakness. There are four components to this indicator:
1-Advancing Issues on the New York Stock Exchange (NYSE) – $ADV
2-Advancing Volume on the NYSE – $UVOL
3-Declining Issues on the NYSE – $DECL
4-Declining Volume on the NYSE – $DVOL
The formula for Market Thrust is...
Buying and Selling Smoothed with Histogram
Smoothed version with version with a red line representing the selling pressure and a green line which represents the Buying pressure.
If the green line is above the red line it would mean that the Buying pressure is more and vice versa.
The difference between the two is plotted as a Histogram. This is a cumulative...
This time I took the pattern recognizer from a previous script I worked.
It overlays the Arrows on the chart.
#Maroon colour: Strong bearish signal
#Red colour: Bearish signal
#Dark Green colour: Strong bullish signal
#Lime: Bullish signal
NOTE: Also, you can untick the patterns you don't find useful, but I kept every pattern to get a complete...