Strategy + Indicator script (with the same name).
You can make Alert for the entry. It's simple!
Apply this script to the EURUSD 1h chart and click to the button "Create Alert" (upper panel, alarm clock+).
On the opened window find "Conditions" and choose "8ma34 eu 1h (500, 600)", select "8" and "Crossing", below choose again "8ma34 eu 1h (500, 600)" and select...
INDICATOR LIKE A VIDEOGAME
Pilot your spacecraft PRICE into the cavern and avoid collision with the stalactites (green) and the stalagmites (red), dodging this osbstacles to win.
When this objects are being created (or are disappearing) then you must make the decision of how to move your space ship (like a videogame).
Depending on the market and the size of...
Here we have an intramarket correlator taken as an excerpt from the L-O-L-A institutional trading system.
The plot displayed on the screen is the correlation index of the correlated security plotted against the security data series. Suggest simple line plots of contrasting colors.
When the plot is below the security price this is an indication of a strong...
Should I FOMO?? (number of revisited candles in a timeframe)
I fomo way too much so i have created this little indicator to show me how many times (PERCENT) a candle is revisited in a period P
with the idea that i should not panic and maybe just wait patiently for a better price.
This is Covariance on Covariance. It shows you how much a given covariance period has deviated from it mean over another defined period. Because it is a time series, It can allow you to spot changes in how covariance changes. You can apply trend lines, Fibonacci retracements, etc. This is also volume weighting covariance.
This is not a directional indicator nor...
Co-variance is a representation of the average percent data points deviate from there mean. A standard calculation of Co-variance uses One standard Deviation. Using the empirical rule, we can assume that about 68.26% of Data points lie in this range.
The advantage to plotting co variance as a time series is that it will show you how volatility of a trailing...
The Enhanced Index (EIDX) is a modified William %R that behaves much like the original, to indicate overbought and oversold market conditions.
EIDX has the advantage of
- Reacting more quickly to changes in buying power.
- Predicting market turning points better than other oscillators. Divergences are more pronounced.
List of my other...