The indicator shows the ratio of the upper and lower shadows of the candlestick chart.
///////////////////////////////////////////////////////////////////////////// // // Generates a random walk driven by a pseudo RNG that generates *returns* that are // uniformly distributed between your upper and lower bound. // Please drop me a note if you use the code in original or modified form. // Inspiration and support from 4X4good .... check out his...
This indicator is an alternative to Parabolic Stop and Reverse indicator. It is primarily used to identify points of potential stops and reverses. Instead of using a static parabolic curve, this indicator adjusts dynamically based on the changes in moving average of the price. Read here to learn more about the usage of this indicator . I tested the strategy...
Ehlers Fisherized Deviation-Scaled Oscillator script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 36:11: Probability - Probably A Good Thing To Know).
price movement between upper real standard deviation and lower real standard deviation
Normalized longs and shorts with %B or RSI of some crypto trading pairs listed below (longs and shorts data from Bitfinex). If you're not familiar with %B just use default setting and it will plot a RSI of the longs and shorts (screenshot is from %B). Obviously this should not be used as a single reason to take a trade but part of your analysis. For some...
Price Action Channel for Market direction on any Time Frame. Very simple indicator to identify determined moves Bull or Bear. When price moves above Green line you have a stronger chance for a Bullish move. When price moves below red line you have a strong chance for bearish move. Trade either move until price re-enters channel. When price is in channel expect mostly chop.
Just practicing adding multiple indicators conditions and position size conditions to a strategy with signals.
This is a revised version of the Momentum strategy listed in the built-ins. For more information check out this resource: www.forexstrategiesresources.com
Changed default value of average true range, to make changes in volatility more distinct.
Multi SMA EMA WMA HMA 4x3 Moving Averages with Bollinger Bands Pro MTF by RagingRocketBull 2018 Version 1.0 This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels. There are 4 MA groups + 1 BB group. You can assign any type/timeframe combo to a group, for example: - EMAs 50,100,200 x...
Pine script version 3 Author CryptoJoncis RSIOMA is the abbreviation for Relative Strength index (RSI) of moving averages (MA). This custom built indicator is based on calculating the relative strength of two moving averages and the smoothes out the RSI using a moving average. Combined, the RSIOMA oscillator depicts trend changes in prices relative to the time...
Simply MAX-MIN Dayly with sma 7d, i coundt find anything similar so i did it.