This is my own version of the famous Trend Direction Force Index and I modified the original to make my version react quickly to any trend. I have color coded the indicator to make it extremely easy to read so if it is green then buy and red then sell.
This was a custom request so if you would like more then just send me a message!
Hi all, I'm trying to wedge in the MACD into a multiple timeframe. Scope is to create:
1) an alert when the MACD across all timeframes is positive,
2) an alert when the MACD across all timeframes is negative, and
3) one when neither of them is applicable.
Would anyone be so kind to give it some thoughts, please?
strategy(" Easy MTF Strategy",...
This works on most time frames, but I noticed the 4 hour for BTCUSD on coinbase seems to work well as an example. The strategy is pretty simple. I was inspired by a youtube video that said to backtest their strategy so I did. Most of the time it doesn't work but sometimes it's pretty good as in the case I showed.
Basically, you buy if the MacD crossers over...
This is a custom indicator of mine that I based loosely on Tushar S. Chande's Market Thrust Indicator (Stocks & Commodities V. 10:8 (347-350)). Buy the stock if the indicator is green and sell when it turns red.
Let me know if you would like to see more scripts or if you have custom requests!
The Market State Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically part of three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for the market state which acts as a trend direction and tells you whether the trend is strong in either direction. Keep in mind...
This is my first custom indicator that I created as a medium to long term trend indicator. Buy if it is above 0 and sell if it is below 0.
Since this is my first unique indicator, I would love to hear your feedback! Please let me know if you would like to see any other scripts!
Wave Period Oscillator developed by Akram El Sherbini
Published in article Time Cycle Oscillators in IFTA Journal 2018 (page 66 - 77)
read his article : ifta.org
Entry Long - WPO cross above centerline (Zero Line)
Exit Long - WPO cross below overbought level or cross below centerline(Zero Line)
The Correlation Cycle Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically part of three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for trend direction and trend strength and simply buy when it is green and sell when it turns red. Also keep in mind that the...
The Discrete Fourier Transform Indicator was written by John Ehlers and more details can be found at www.mesasoftware.com
I have color coded everything as follows: blue line is the dominant cycle, orange line is the power converted to decibels, and I have marked the other line as red if you should sell or green if you...
This strategy uses two different moving averages to determine a trend. It opens a position on a pullback from a trend.
Conditions for buy signal are:
►Crossover out of Shaff Trend Cycle's extreme levels
►The price is above its short period exponential moving average.
►A short period exponential moving average is above a long period exponential moving...
The Spectrum Derived Filter Bank was created by John Ehlers (Stocks & Commodities V. 26:3 (16-22)) and this is technically two indicators in one. This will let you know the current cycle period which is in blue and the other indicator will let you know if you should buy the stock or not. Buy when it is green and sell when it is red.
Let me know if you would like...
The Quad CCI is a trend identification indicator described by Mark Whistler in his book 'Volatility Illuminated'. The reason for using four separate CCI channels is so that we can:
Prevent ourselves from taking positions against momentum.
Time our trades with short-term 'wrist-rocket' thrust from the larger market momentum.
Clearly determine whether the...
This is the United States inflation rate, based on the total Consumer Price Index published by the U.S. Bureau of Labor Statistics.
Option to toggle:
A line to display the inflation rate in December. It does not change until the next December.
What the color change to red is indicative of:
According to the Federal Open Market Committee (FOMC) regarding...
This is my original indicator that was inspired by "Mayer Multiple" and "Chande Forecast Oscillator" (CFO).
I decided to search truth of trend power with SMA and LinReg and found it in a somewhere of the middle. Also, I added a limit area, where you need to keep a more attention, because it can show a potential reversal.
You can change parametrs with a your own...
The Demand Oscillator was created by James Sibbet (Stocks & Commodities June, 1986) and I changed his formula quite a bit to what you see on here. If it rises above the signal then buy or if not then sell. This is my custom version of his formula so let me know what you think.
Let me know if you would like to see me write any other scripts!