lazybear

LazyBear Wizard

DecisionPoint Swenlin Trading Oscillator can be used to identify short-term tops and bottoms. This is a breadth indicator. STO is designed to be calculated using either issues or volume, I will post a follow up indicator that makes use of volume. You can read about the interpretation of the signals (& gotchas) in the link below. I have added support for NYSE /...

LazyBear Wizard

This is a modified version of a public Amibroker indicator, called Firefly. I disabled the additional smoothing (you can enable it via options page) and updated the visual rendering (simple 3D look, histo, bar colors et al). Also, have added an option to show enclosing BB. You can trade this like any other oscillator -- 80/20 OB/OS levels, divergences,...

LazyBear Wizard

***** NOTE: You may see all GREEN circles (it is due to a recent TV update). To work around this issue, change the "Circles" to "Cross" via Format -> Style ***** Market Facilitation Index, by Bill Williams, plots the effectiveness of price movement by computing the price movement per volume unit. 4 possible combinations of MFIndex and Volume are: Green :...

LazyBear Wizard

The slow relative strength index (SRSI) indicator created by Vitali Apirine is a momentum price oscillator similar to RSI in its application and interpretation. Oscillating between 0 and 100, it generates both OB/OS signals and midline (50) cross over signals and divergences. As author suggests, bullish/bearish divergences generated by SRSI are not as effective...

vyperphi696

All I did was combine the logic from LazyBear for his OBV Oscillator to regular RSI divergence logic (where I replaced the RSI input to use LazyBear's OBV). I didn't use any original code! Neither OBV (written by LazyBear) nor DIvergence (author unknown) was written by me. I merely modified the sytax a little to combine them. Very useful for spotting...

LazyBear Wizard

Price-Volume Rank, designed by Anthony J. Macek, compares the direction of the change in price (up or down) to the direction of the change in volume and assigns a number to that specific relationship. By quantifying price/volume interaction, P-V rank seeks to determine our position within a typical market cycle. The various modes shown on the chart above or...

LazyBear Wizard

Volatility Quality Index (VQI), by Thomas Stridsman, points out the difference between bad and good volatility in order to identify better trade opportunities in the market. This plots 3 lines: - Red line is the VQI (actually, sum of VQI). - Green line is the 9-period SMA of sum_of_VQI. - Orange line is the 200-period SMA of sum_of_VQI. Stridsman suggested to...

LazyBear Wizard

TMF is a CMF (Chaikin Money Flow) variation that addresses some of the gaps in the original indicator. More info: www.incrediblecharts.com TMF uses true range, rather than daily Highs minus Lows. Also, uses Wilder's MA rather than SMA/EMA. Since I had to write Wilder's MA (WiMA) for TMF, I have published that also as a separate indicator. WiMA is like EMA, but...

LazyBear Wizard

Accumulation Swing Index ----------------------------------------------- ASI is a cumulative sum of swing index, developed by Wilder. ASI attemps to show the "real market" by quantifying price. This allows the use of classic support/resistance analysis on the index itself. Typical analysis involves looking for breakouts, new highs and lows, and...

LazyBear Wizard

As part of my "Ehler's Indicators week", here's one more. CG Oscillator, by John Ehlers, provides a smoothed, essentially zero lag oscillator for identifying market turning points. The "CG" in the name of the oscillator refers to "Center Of Gravity" of the prices over the window of observation. Entry/Exit are based on the osc/signal crossovers. Enabling the...

LazyBear Wizard

Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day exponential moving average of Net Advances forms the oscillator. As the formula reveals, the...

LazyBear Wizard

*** Full description in the comment below ****** This chart has 3 indicators: - Chande's R2 - Zscore - Inverse Fisher Transform on CCI Feel free to "make mine" (click on the SHARE button) and use these indicators in your charts.

LazyBear Wizard

BB Support + Histo mode ------------------------------- Code: pastebin.com Show enclosing BB Show Insync as Histo: v02 - Configurable levels --------------------------------- Small update to allow configuring the 95/75/25/5 levels. Latest source code: pastebin.com v01 - orginal description --------------------------------- Insync Index, by Norm...

Odyssee Pro

** From the original work of LazyBear ** Thanks for his Squeeze Momentum indicator This strategy gives acceptable result on EUR/USD - 1H chart with default parameters

ScryptoMB Premium

WaveTrend 4h/24m is a trading tool based on two WaveTrend timeframes. For this script the WaveTrend calculations made by LazyBear were used. WaveTrend is a widely used indicator for finding direction of an asset. The strategy is developed by Youtuber Jayson Casper. The main strategy on the 4 hour and 24 minute timeframes, this will be the default timeframes....

Kurbelklaus Pro

Hey guys, this little script is an addition to another one I will release right after this. This is the Price Action Channel. The bands are calculated using a smoothed moving average of the highs/lows. I have taken the smoothed moving average script from the public library in order to create this, so all props to whoever created that one. I am fairly new to...

LazyBear Wizard

The Acceleration Band System was published in "Big Trends in Trading" by Price Headley in 2002. The system designed to catch stocks as they start to trend but before they go parabolic. The system is simple but supposed to be very effective. This system makes use of %R and ADX a lot to determine the entries/exits. Refer to the documents listed below for the...

LazyBear Wizard

VMA Bands are ATR bands with VMA as its centre. For a description of options, refer to my VMA post: I have moved VMA calculation in to a separate function. Feel free to use calc_vma() in your scripts. For more MA calculation function (KAMA, VIDYA and others), refer to my complete list of indicators below. Wish you all a very prosperous New year. Hope these...