OBJECTIVE: The objective of this indicator is to synthesize, via PCA (Principal Component Analysis), several of the most used indicators with in order to simplify the reading of any asset on any timeframe. It is based on my Bitcoin Risk Long Term indicator, and is the evolution of another indicator that I have not published 'Average Risk Indicator'. The idea...
Hello traders A customer gave me the idea indirectly after I made an update to that script: Supertrend MTF Heatmap Important Notes The backtest results aren't relevant for this educational script publication. I used realistic backtesting data but didn't look too much into optimizing the results, as this isn't the point of why I'm publishing this...
Clear trend identification is an important aspect of finding the right side to trade, another is getting the best buying/selling price on a pullback, retracement or reversal. Triple Ehlers Market State can do both. Three is always better Ehlers’ original formulation produces bullish, bearish and trendless signals. The indicator presented here gate stages three...
Futures/Spot Dominance Indicator: Overview: The futures/spot dominance indicator is a versatile tool used by traders and analysts to assess the relative strength or dominance of the futures market in relation to the spot (or cash) market for a specific asset. It offers insights into market sentiment, potential arbitrage opportunities, and risk management while...
Bonsai OS combines four oscillators (RSI, CCI, Stochastic, MACD) in one interface. Features divergence detection, color-intensity, and insights into divergences. Assists traders in spotting potential pivot points. ═════════════════════════════════════════════════════════════════════════ 🌳 Bonsai OS 🌳 Advanced Oscillator Suite 📘 Overview Bonsai OS is a...
Weighted Bulls-Bears Variety Smoothed highlights potential buy and sell moments in the market. Users can customize the data source and select their preferred type of moving average for calculations. The resulting visualization is a column-style plot that changes color based on bullish or bearish market conditions. Additionally, the script can color chart bars and...
The Giga Kaleidoscope GKD-C Chaos Visual Averages is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." ? GKD-C Chaos Visual Averages One of the most common errors made by inexperienced traders is attempting to extract excessive information from a single chart by employing numerous unnecessary indicators. The outcome...
This drawing tool aims to draw auto Fibonacci Retracement Levels on desired indicators. Users can define the target indicator to draw Auto Fibo Lines, from the "settings tab": There are six commonly used indicators below the charts that can be selected to draw Fibonacci Retracement lines on: RSI : Relative Strength Index CCI : Commodity Channel Index MFI : Money...
The Giga Kaleidoscope GKD-E Aroon is an exit module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-E Aroon The Aroon Indicator is a technical analysis tool used to assess the strength and direction of a trend in a financial market, such as stocks, forex, or commodities. It consists of two lines: the Aroon Up and the Aroon Down. These...
This indicator calculates and displays the cumulative area for each region above and below the zero line in the MACD histogram. This area measurement serves as a momentum metric, where larger cumulative areas indicate stronger momentum. Divergences between the area and price can also potentially indicate an impending reversal. For example, when the stock price...
The Giga Kaleidoscope GKD-C Bulls/Bears Power and Accelerator is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Bulls/Bears Power and Accelerator Bulls/Bears Power and Accelerator calculates the difference between two custom T3-based filters, called "Bears" and "Bulls". These filters are based on the...
This script is designed to assist traders in identifying potential trading signals and trends based on the MACD indicator. Users can adjust the input parameters to fine-tune the indicator to their trading preferences. When specific conditions are met, alerts are generated to notify the user of potential trading opportunities. Indicator Description: The script...
The Giga Kaleidoscope GKD-C Average Sentiment Oscillator is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Average Sentiment Oscillator This is an older forx indicator from 2010 and represents an advancement in the formula in the sentiment meter called "FX Multimeter III." It's recommended as a precise method...
Overview: YinYang Momentum is a Price, Volume and Momentum Oscillator. Its job is to help you see swings in momentum and the strength of it. It also creates signals (Blood Diamond (Bear) and Support Cross (Bull)) where these momentum swings may occur. YinYang Momentum features 3 Price and 3 Volume 'Mountains with Ice'. There are Predictive, Regular and Confirming...
The Giga Kaleidoscope GKD-C Super Smoother Velocity w/ Floating Levelsis a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Super Smoother Velocity w/ Floating Levels The Super Smoother Velocity with Floating Levels is a technical tool devised to provide clearer price movement insights, drawing from the power of...
The Super Smoother Velocity with Floating Levels is a technical tool devised to provide clearer price movement insights, drawing from the power of the "Super Smoother" function. The Super Smoother function is fundamentally a unique formula which leverages trigonometric and exponential concepts to generate a highly smooth value for the given data. This function's...
The Weighted Oscillator Convergence Divergence (WOCD) aims to help traders identify potential trend reversals or momentum shifts in financial markets by calculating and visualizing the difference between a smoothed oscillator (WMA) value and its exponential moving average (EMA) and simple moving average (SMA) counterparts. This indicator is particularly useful for...
The Giga Kaleidoscope GKD-E CCI is an exit module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-E CCI The Commodity Channel Index (CCI) is a technical analysis indicator developed by Donald Lambert in the 1980s. It is used to determine overbought and oversold conditions in a security or market. By comparing the current price to its...