MUNICH'S MOMENTUM WAVE VERSION 2 IS LIVE!!! There are a few big things to note with this one. I decided to upload this as an entirely new script due to the number of changes differing from the first version, but as the last one, this will still work on ANY TIMEFRAME, ANY ASSET CLASS, ANY PRICE! . This momentum wave indicator now will give you data for when...
MUNICH'S MOMENTUM WAVE: This momentum tracker has features sampled from Madrid's moving average ribbon but has differentiated many values, parameters, and usage of integers. It is derived using momentum and then creates moving averages and mean lengths to help support the strength of a move in price action, and also has the key mean length that helps determine...
This indicator is based on MFI25 and EMA55 and optimized for 1 day graph and slow swing trading to show large moves and tops and bottoms. You can change the MFI and EMA settings according to your style of trading. The change from green to red and visa versa are the buying and selling moments. The yellow line indicates that a change is possibly comming or not...
█ OVERVIEW TASC's September 2022 edition of Traders' Tips includes an article by Vitali Apirine titled "The Linear Regression-Adjusted Exponential Moving Average". This script implements the titular indicator presented in this article. █ CONCEPT The Linear Regression-Adjusted Exponential Moving Average (LRAdj EMA) is a new tool that combines a linear...
Setting EMA 21 = Green EMA 9 = yellow MacD = 5 35 5 RSI = 10 Alma 20 0.8 8 RULES Long: 1. EMA 9 below 21 2. RSI above 50 from Oversold 3. Macd Solid green 4. SL @ ALMA 5. Conditional buy limit order @ top wick 6. 1:3 RR Short: 1. EMA 9 above 21 2. RSI below 50 from Overbought 3. Macd Solid red 4. SL @ ALMA 5. Conditional sell limit order @ bottom wick 6. 1:3 RR
This Indicator provides a combination which is suitable for visualizing many Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs). There are 7 possible periods 5,9,20,50,100,200,250. There is a possibility to show only EMAs or only SMAs or both. EMAs have thinner curves by default, to be able to distinguish them from SMAs. Additionally, there are...
█ This Indicator is based on RSI ( Relative Strength Index ) & multiple type of MA (Moving Average) to show different variations of RSI. The relative strength index (RSI) is a momentum indicator used in technical analysis to evaluate overvalued or undervalued conditions in the price of that security. █ Usages: The purpose of this indicator is to obtain the RSI...
Synthetic EMA Momentum w/ DSL is a momentum indicator that is calculated with 5 different EMAs of increasing period to derive a final momentum value. This helps reduce noise and improve signal quality. Discontinued signal lines are uses to calculate signal values. What are DSL Discontinued Signal Line? A lot of indicators are using signal lines in order to...
Smoother Momentum MACD w/ DSL uses two different EMA calculations to derive momentum and then calculates the MACD between those momentum outputs. This indicator uses a variation of Discontinued Signal Lines for the breakout/breakdown/reversal signals . There are three different signal types: middle, levels, and slope. I've also added alerts and signals. The...
Multi Timeframe Exponential Moving Average Ribbon & Bands + Boillinger Bands I used the script "EMA Ribbon - low clutter, configurable " by adam24x, I made some color change and I added a few indicators (Boillinger Bands, EMA on multi timeframe and EMA bands from "34 EMA Bands " by VishvaP). The script can display various EMA from the chart's timeframe but...
A hybrid but simple indicator that plots 4 strategies in one pane . 1) RSI Indicator 2) Stoch RSI 3) EMA50 Cross (To determine direction in current timeframe) 4) Higher Highs & Lower Lows to analyze the trend and break of trend The relative strength index (RSI) is a momentum indicator used in technical analysis. It is displayed as an oscillator (a line graph) on...
This is a combination of all the price chart indicators I frequently switch between. It contains my day time highlighter (for day trading), multi-timeframe long-term trend indicator for current commodity in the bottom right, customizable trend EMA which also has multi-timeframe drawing capabilities, VWAP, customizable indicators with separate settings from the...
Hey Guys, The idea of the script is that accumalation and small pumps do happen before the big ones, therefore, i tried to create a breakout indicator that can tell that: the script components are: 1- Price to consolidate within 15% range between the highest of 6 candles and lowest of 6 candles 2- Price needs to breakout with minimum of 1% and maximum of 20% 3-...
DISCLAIMER: THE CONTENT WITHIN THIS STRATEGY IS CREATED FROM TWO INDICATORS CREATED BY TWO PINESCRIPTER'S. THE STRATEGY WAS EXECUTED BY MYSELF AND REVERSE-ENGINEERED TO MEET THE CONDITIONS OF THE INTENDED STRATEGY REQUESTOR. I DO NOT TAKE CREDIT FOR THE CONTENT WITHIN THE ESTABLISHED LINES MADE CLEAR BY MYSELF. The Sampled Scripts and creators: PMAR/PMARP by...
This indicator is using the modified "correcting" method. Instead of using standard deviation for calculation, it is using EMA deviation and is applied to Ehlers' Super Smoother. What is EMA-Deviation? By definition, the Standard Deviation (SD, also represented by the Greek letter sigma σ or the Latin letter s) is a measure that is used to quantify the amount...
This script replaces the other script that was just the SMAs that where in a Multi Time Frame Table as this was a redo of that one and this one is SO MUCH MORE!!!! Not only does this one do the Simple Moving Avg 5, 10, 20, 50, 120, 200 into a table that shows Current/Hourly/Daily/Weekly/Monthly/Quarterly ( 3M )/ Yearly. It now does Exponential Moving Avg ,...
This is a standard Ichimoku Cloud indicator that uses the exponential moving average (EMA) instead of the Tenkan and Kijun Sen. It provides similar signals as the original but just looks nicer in my opinion.
Standard Donchian Channels, this includes a Trend EMA which can be configured and the channels will use to give buy and sell signals. The channels are also colored in such a way to indicate a trend reversals. My favorite part that sets this apart from others is, if using the bClose option (which I recommend you do) the trend will not reverse until there is a close...