It is an indicator that overlaps MACD and Stochastics. It has both characteristics. The trend changes when two lines intersect. I think the reaction is bad in the range market. Also, when there are Stochastics and MACD lines above the indicator, it is possible to think whether it is overbought while riding the trend, and it may be helpful for making decisions such...
Introduction Envelopes indicators consist in displaying one upper and one lower extremity on the price chart. They are most of the time built by adding/subtracting a volatility estimator (rolling stdev, atr, range...etc) to a central tendency estimator (SMA, EMA, LSMA...etc) . Their interpretation is often subject to debate amongst technical analyst, some...
First of all this script inspired by MagicEins' Put/Call-Ratio-Buschi script . What is the Put-Call Ratio The put-call ratio is an indicator ratio that provides information about relative trading volumes of an underlying security's put options to its call options. The put-call ratio has long been viewed as an indicator of investor sentiment in the markets, where...
A script indicating BFX sentiment through the current long and short positions. -The histogram shows the dominant position. -The line on the bottom shows the expected market direction from a contrarian standpoint. PS. cudo's to @alexgrover for the quad-reg function!! JD. #NotTradingAdvice #DYOR
2017 - First Code This is a another way of looking at DMI indicator. Almost similar to any oscillator. You still need to understand the indicator and chart before you can trade with these. ---------------------------------------------------------------------------
Shows your potential profit by going short(red)/long(green) against the current trend, use with you favorite entry/exit method for maximum effect, can be adjusted for share cost and commission.