The 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective.
It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...
Just a modification of my old auto-line script, lot of errors fixed and a correction in the standard deviation. Also changed the tittle because "auto-line" was really confusing.
Introduction
There is a lot of indicators similar to this one, however i think this one don't share the same calculation method and this is why i share it. This indicator aim to forecast price direction using an exponential filter architecture using highest and lowest information for the estimation of a smoothing variable. This filter is similar to the average...
The goal of this study was to use ADX from Higher Timeframe - to determine trend direction
Why? Because ADX is very sensitive, able to show trend ending without any delay, but not in the middle of it.
Being able to see such immediate trend change on higher timeframe, is a great indicator of trend direction.
Adding just security() calls to 'highest', 'lowest' and...
Introduction
There are already several indicators who measure the time behavior relative to price, the most well know being the Aroon indicator published by Tushar Chande. I propose an alternative indicator TPI who tend to create less whipsaw's at the cost of small reactivity.
The Indicator
The TPI is in a range of 0.5/-0.5 and is no different than the...
Introduction
The Dynamically Adjustable Moving Average (AMA) is an adaptive moving average proposed by Jacinta Chan Phooi M’ng (1) originally provided to forecast Asian Tiger's futures markets. AMA adjust to market condition in order to avoid whipsaw trades as well as entering the trending market earlier. This moving average showed better results than...
Introduction
The ability of the least squares moving average to provide a great low lag filter is something i always liked, however the least squares moving average can have other uses, one of them is using it with the z-score to provide a fast smoothing oscillator.
The Indicator
The indicator aim to provide fast and smooth results. length control the...
Introduction
The non-signal version of the absolute strength indicator from fxcodebase.com requested by ernie76 . This indicator originally from mt4 aim to estimate the bullish/bearish force of the market by using various methods.
The Indicator
Two lines are plotted, a bull line (blue) representing the bullish/buying force and a bear one (red) representing...
Introduction
The gann hilo activator is a trend indicator developed by Robert Krausz published into W. D. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities . This indicator crate a trailing stop aiming to show the direction of the trend.
This indicator is fairly easy to compute and dont require lot of skills to understand. First we...
This is an indicator that plots customizable Kijun Sen and Tenkan Sen from the Ichimoku chart.
Since Kijun and Tenkan can effectively be used as an alternative of EMA and can play a pivotal role in many strategies, this indicator can be helpful
This indicator measures the distance between the Guppy EMAs.
Fast and Slow Guppy distances are plotted based on traditional Chris Moody Guppy colors.
Green = Long Term Bullish
Red = Long Term Bearish
Gray = Neither
Similarly colors for ST Bullish and Bearish signals based on Guppy.
Thank you, CM and xkavalis!
This is a very simple indicator to that marks a candle after a specified number of consecutive closes above or below a Simple Moving Average. The purpose of the indicator is to provide a quick visual cue that there is a strong trend in play.
