Library "McNichollBands"
This is a library which only functions to make the McNicholl's Bollinger Bands modifications. It's also my first library, so I'll probably screw some things up.
mcNichollBands(alpha, useLogScale, widthMultiplier)
Calculates the McNicholl's Bollinger Bands modifications.
Parameters:
alpha : The alpha constant to be used on...
The Indicator
Esqvair's Relative Strength Index is the another modification of very popular Relative Strength Index by J. Welles Wilder
The Modification
This version uses de-lagged price as source, de-lagging price improves performance of the indicator.
How to use
The ways of usage are same as original Relative Strength Index that means you can use it as...
LeveLeledc - Exhaustion levels (InSilico)
Method for zero confirmation support/resistance level detection using Leledc Exhaustion Bars
Study is extension/mod of glaz script ,its implementing simple but unorthodox use-case for "Leledc Exhaustion Bars"
More information on core function in source scripts page ->
P.s Written...
This is my mod of a wonderful script by alexgrover. See his comprehensive description of the logic behind the script at his page at
Added are labels, alerts and selection of periods among (mainly;)) fibo numbers.
original script by /u/SandroTurriate/ - I just made some small changes.
Vwap + standard deviation bands. Good for reversal trading among other things. Used intraday.
Very useful when price is ranging.
I added the option to fill the spaces between the deviation lines with color and also the option to add some extra bands. That's about it. Color/length/style etc...
FSST is the another modification of FSK indicator. It uses RSI and SLowK in the calculation.
The FSST is constructed from five different parts. The Kurtosis, the Fast Kurtosis(FK),
the Fast/Slow Kurtosis(FSK), FSRS and Weighted FSRS.
FSRS is the modification of FSK indicator. It uses RSI in the calculation.
The FSRS (Fast & Slow RSI) is constructed from five different parts.
The Kurtosis, the Fast Kurtosis(FK), the Fast/Slow Kurtosis(FSK), FSRS and Weighted FSRS.
