An easier to read implementation of ADX and DI, with colour indicating direction of trend, oscillator indicating strength of trend, and below threshold shown with a lack of colour (black).
Trend Detector Indicator
Class : trend oscillator/average analysis
Trading type : trading in trend
Time frame : 1 day
Purpose : trend detection
Level of aggressiveness : conservative
The key problem of trend following trading is danger of entering into position at extreme points of the trend with further trend reverse. Plus in any case it is very...
This script allows to see the Supetrend of an higher timeframe (in the example above H4 vs Daily)
Add it to you favorites.
It is useful as:
- Higher timeframe trend detector (eg. price below higher timeframe Supertrend -> bullish trend )
- Filter, in combinations with other techniques (eg. price below higher timeframe Supertrend -> only short)
- Signal with...
The indicator gives a multiplication of ADX and the DI+ and DI-values, color coded for bullish or bearish momentum
the indicator was optimised for use with HA-candles, but works with regular candles as well
and shows general market direction en divergence in a simpler visual way than the normal ADX-DI lines
a threshold mask can be shown or omitted as...
Linear Trend Follower follows 'source' trend using lines within a number of periods ('length') using the last n periods source variation divided by 'length' as line slope. It is delayed by 'length' periods.
Retracement and Reversal identifier in a Trend.
3 Retracement Options:
1. No Retracement: Simple "Is Rising" and "Is Falling" Signals.
2. Single Level Retracement:
A series of Green-Gray-Green is a Uptrend and Gray is retracement in UpTrend.
A series of Red-Gray-Red is a DownTrend and Gray is a retracement in DownTrend.
A series of Green-Gray-Red is a...
One of the indicators in the "Trend Buddy" suite.
This indicator plots the two moving lines overlayed on price. Note that this indicator is most helpful when used with the "Trend Strength Buddy".
The lines can be useful to detect emerging or weakening trends, and will color the candles green when an uptrend is in effect, and red with a downtrend is in effect....
Script with many trending oscillators and trend filter. It can be set to all tradable coins. Perfectly works for 5-30 min.Script has a Alert for purchase built in. Autoview is used for purchase and the sale is controlled via PT. It is important to use stop loss and sales strategy .Using these signals is at your own risk.
An invitation is up to 200 people. This...
One of the indicators in the "Trend Buddy" suite.
This indicator plots the oscillator at the bottom of the chart and colors the candles according to trend strength.
The oscillator can be used to identify divergence in several ways
If price is moving one way and the oscillator another, it can mean that the trend is gearing up to change. Example: above, in...
This is translated out of Technical Analysis of Stocks & Commodities, September 2010, (I take zero design credit). The script simply looks for the price action to break or "clear" the most recent action, and only changes the paintbar color if the action indeed clears the previous candles. Simple to use, just add to your chart from your favorites and change the...
Always buy wholesale, sell it all at retail. Similar to Squeeze Momentum Oscillator with simpler coding.
Pair this with the 'Buy Low, Sell High Arrows' indicator
This indicator shows you the trend of the coin or stock of your choice. It works on all time frames and could be used as a secondary indicator while swing or longer term trading. My goal is to add it to strategies or bots to stop them from trading in the red.
To use this, add it to your favorites and then go to any chart to use it like a regular indicator. If...
This is an excellent indicator thanks to the code author LazyBear!
I have modified to a more appealing colors visually representing market condition.
2 Backgrounds
Uptrend/Sell: Uptrend above Orange line, Sell potential area.
Downtrend/Buy: Downtrend under Orange line, Buy potential area.
I have modified by adding previously unrecognized upper and lower...
