Parallel Channel

ceyhun

Highest / Highest High Highest (Data) - HHV (Data, Period) Lowest / Lowest Low Lowest (Data) LLV (Data, Period) These functions calculate the highest / lowest value of a selected data. Highest High and Lowest Low options are mostly used. The Highest function calculates the highest value of the selected data in the past. The Lowest function calculates the lowest...

NorthStarDayTrading

**DESIGNED FOR ES/MES** This script provides an easy visualization of potential reversion zones to take trades back to the intraday midline. A common use would be to enter a position once price reached the outer yellow zones and retreats to either the red zone (for a short toward the midline) or a green zone (for a long back to the midline).

NorthStarDayTrading

**DESIGNED FOR NQ/MNQ** This script provides an easy visualization of potential reversion zones to take trades back to the intraday midline. A common use would be to enter a position once price reached the outer yellow zones and retreats to either the red zone (for a short toward the midline) or a green zone (for a long back to the midline).

Captain_jack

This is written as a system to replace the BB strategy. I think it will work well. It looks pretty stylish. Description / Usage: Adjust the length and multiplier based on your location with Bollinger Bands. The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA). And with the 8-day exponential moving average, you can observe...

vdubus

Vdub Binary Options SniperVX v1 Designed for Binary Options 60 sec trading upwards Notes on chart Please note the signal generated are configure to be super fast on candle opening. The down side to this is signals may switch direction mid stream. ITM candlesticks signals generated went 6/300 Losses on a 1 min chart. the blue line indicates reversal zones. Buy /...

JustUncleL

This is an updated and improved version of my "Price Action Trading strategy". I have added two extra optional filters, one is a trend direction filter based on the MACD slow EMA(17), blue line, and the other is a RSI(7) filter which works similarly to CCI(14) but slightly different dynamics (thank you to gianfranco60 for the suggestion). Also made a couple of...

RicardoSantos

Auto trend channel based on donchian or standard deviation.

LazyBear

This is my custom channel (Bear Channel!? :)) derived from BB/STARC. It uses both ATR/STDEV for plotting the bounds. I use COG (Center of Gravity) for deriving the baseline. This enables it to track the price action better than many other channels that make use of MAs or simply "close". Indicator also marks "squeezes" (stdev bands come inside ATR bands). Pay...

RicardoSantos

EXPERIMENTAL: Channel projection based on 2 vectors.

ceyhun

Advanced Level Pivot Trading Highest Lowest Channel and Level Pivot (Fibonacci)

alexgrover

Introduction Lines are the most widely used figures in technical analysis, this is due to the linear trends that some securities posses (daily log SP500 for example), support and resistances are also responsible for the uses of lines, basically linear support and resistances are made with the assumption that the line connecting two local maximas or minimas will...

HerrBertling

Plots three Average True Range channels as described in Alexander Elder's "The New Trading for a Living". You can adjust the EMA and ATR days that are the basis of these channels. This is my first script – happy to get any feedback on this! Thanks :)

LazyBear

Here's an oscillator derived from my previous script, Cycle Channel Clone (). There are 2 oscillator plots - fast & slow. Fast plot shows the price location with in the medium term channel, while slow plot shows the location of short term midline of cycle channel with respect to medium term channel. Usage of this is...

RicardoSantos

EXPERIMENTAL: Half way murrey's lines, gann square inspired auto drawn channel.

QuantitativeExhaustion

RSI Donchian Channels Built by Ricardo and JR Here is a great indicator to use for strong trends. Donchian Channels react immediately to changes in the highest high and lowest low. For strong trends you want to trade when RSI is set along the upper or lower DC-RSI envelope. When the RSI releases from the DC-RSI envelope, you can take the trade off....

vdubus

this indicator is for use with the Rejection Spike Strategy I recently publish Have't had chance to test it yet so feel free to try. Details of the strategy are listed in the link below

alexgrover

Introduction The efficient trend-step indicator is a trend indicator that make use of the efficiency ratio in order to adapt to the market trend strength, this indicator originally aimed to remain static during ranging states while fitting the price only when large variations occur. The trend step indicator family unlike most moving averages has a boxy appearance...

alexgrover

Introduction Channels indicators are widely used in technical analysis, they provide lot of information. In general, technical indicators giving upper/lower extremities are calculated by adding/subtracting a volatility component to a central tendency estimator. This is the case with Bollinger bands, using the rolling standard deviation as volatility estimator and...