Psychological line (PSY), as an indicator, is the ratio of the number of
rising periods over the total number of periods. It reflects the buying
power in relation to the selling power.
If PSY is above 50%, it indicates that buyers are in control. Likewise,
if it is below 50%, it indicates the sellers are in control. If the PSY
moves along the 50% area,...
Newer version of Momentum indicator introducing 4 colors so easy to spot momentum bars ticking up or down. User can customize the colors etc and turning the MACD/Signal lines on/off.
This script is open to public so anyone can use it.
As the name suggests, this is desgined to work best in trending markets. A great tool designed for experienced discretionary traders who are well familiar with reading the markets and putting things into context. This tool is something similar inspired by Turtle traders.
Upper and lower lines are certain bars look back period, user can modify numbers according...
As the name suggests, this is desgined to work best in trending markets. A great tool designed for experienced discretionary traders who are well familiar with reading the markets and putting things into context. This tool is something similar inspired by Turtle traders.
Upper and lower lines are certain bars look back period, user can modify numbers according...
This is a script to use Autoview. This script use 100 EMA and MACD.
It will give you good entry and with a stop loss at 0.20%, it will be safe for trade.
The exit of the trade is manually. You have juts to kill the trade when you whant.
You can make can money on good day.
If you want it, send me a message
Tick Line Momentum Oscillator indicator script. This indicator was originally developed by Daniel E. Downing (Stocks & Commodities, V.12:1 (42-44): Using The Tick In A Short-Term Indicator).
This is a quick script that combines two standard indicators, the Awesome Oscillator and MACD histogram, to highlight the beginnings of periods of fast price movement (divergence between the two). Since MACD's EMA responds more quickly than AO's SMA, look for periods of green over gold as a bullish signal, and red under blue as a bearish signal.
Of course both...
Using 2 MACD with different settings and ADX for determining if is trending or ranging.
ADX below 20 >> ranging
ADX above 23 >> trending
Since the systems use 2 MACD crossing, I removed signal line and histogram.
What you see as a histogram it's actually MACD value plotted histo style.
Please comment if you think it can be improved.
Enjoy!
Thank you!
2 MACD with different settings.
Since the systems use 2 MACD crossing, I removed signal line and histogram.
What you see as a histogram it's actually MACD value plotted histo style.
Please comment if you think it can be improved.
Enjoy!
Thank you!
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
This script has the same working behind it except for some minor tweaks.
These tweaks enable the script to generate more signals than the previous version but with a loss of 4% accuracy.
