Relative Strenght Index + SMA on RSI + Bollinger Bands on it - very good solution to see reversals and see lows and highs. Use different timeframe. StdDev is 2.17 by default to get 97% probability. RSI + SMA с наложенными Bollinger Bands - прекрасное решение для поиска разворотных точек и аномального поведения цены. Используйте разные таймфреймы одновременно....
Version 2 of my fractal pattern aid ( Version 1 ). I added a bouncing line between the high and low trend lines, connecting consecutive extreme points. I also chased down a pesky bug in the slope calculation...and for now I have disabled the ability to change resolution basis for extreme detection (e.g. 30m on a 1hr chart). For fun, I added some shading to make...
First of all, huge credit to synapticEx , whose brilliant use of the security function inspired me to figure out a way to get quasi-shape boundaries automatically drawn on a chart. This study draws upper and lower trend lines, based on configurable fractal*** reversal detection, calculates slope from the last two upper or lower reversal points, and then extends...
◊ Introduction Introducing VRMI in this script, an RMI based on price movement and volume, to indicate bullish and bearish trends. This script marks the background depending on RMI <> VRMI , VRMI polarity and large buy/sell sprees. ◊ Origin Based on 'The Relative Momentum Index' by Roger Altman : February, 1993 issue of Technical Analysis of Stocks &...
Not the most accurate indicator, but if combined with some others, it could help you. BUY Conditions (green): 1. Blue candlestick closes above Bollinger Bands 2. Red candlestick opens outside Bollinger Bands SELL Conditions (red): 1. Red candlestick closes below Bollinger Bands 2. Blue candlestick opens outside Bollinger Bands Please always remember,...
I have a really interesting script for you guys today. While walking home I had an interesting idea that I wanted to visualize, but had no clue how it would turn out. This script is the result and it seems to provide some larger information. For anyone who doesn't know the definition of concavity here is a super quick calculus lesson: Concavity is a fancy word...
This script can spot the candle to exit a trade it works only on 1d timeframe Do not trade the signal, just use it to exit the trade in profit (it's not a reversal signal) NO REPAINT - it' based on current candle close You can try it for a limited period, ask for access in comments
This indicator is a interpretation of the Red Dog Reversal Pattern which was discovered by T3Live founder Scott Redler. (AFAIK) The indicator is maybe useful for Day Trade or Swing Trade. BUY Criteria: 1. Stock is down for multiple days 2. Stock goes below prior day's low 3. Stock trades back up through prior day's low, which triggers the buy 4. The stop is set...
simple, yet effective tool to catch reversals for short-term binary options trading.
This is a very interesting momentum indicator for everyone to take a look at. To understand the concept behind it please see my previous idea "Adaptive Derivative Analysis", and the short Bitcoin prediction that was concurrent. At its core this indicator takes the derivative of a custom adaptive moving average and adaptively weights the results. This is what the...
Script contains Inverted Hammer and Shooting Star models. User can select period for candle size calculation (for distinguish short and long candles), on/off highlighting of pattern candles.
Script contains pattern Harami. User can select period for candle size calculation (for distinguish short and long candles), on/off highlighting of pattern candles.
Script contains reversal candle patterns 3 Outside Up and 3 Outside Down. User can select period for candle size calculation (for distinguish short and long candles), on/off highlighting of pattern candles.
Sript contains sometimes appearing reversal candle patterns 3 Inside Up and 3 Inside Down. User can select period for candle size calculation (for distinguish short and long candles), on/off highlighting of pattern candles.
Script contains Dark Clowd Cover and Piersing Line patterns. User can select period for candle size calculation (for distinguish short and long candles), on/off highlighting of pattern candles.