A problem I noticed with the built in Vortex indicator was that it didn't include any defined thresholds that are important to understanding how to read the vortex indicator. So I modified the vortex indicator in order to have the thresholds built in so you don't have to draw horizontal lines on your chart.
These Bollinger Bands are exponential because the variance is calculated using the exponential moving average, rather than just adding the normal standard deviation to the ema. This may be more useful because the exponential standard deviation should be more sensitive to near term increases or decreases in volatility.
Please do not forget that Bollinger Bands...
Displays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low)
Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles
A spike is:
A wide difference between the spike high and...
The Hindenburg Omen, is market breadth signal that marks when a critical set of market factors that can create the necessary conditions for a stock market crash.
Based on Technical Breadth Indicators of the NYSE, a broad equity market index.
More information on the conditions of the Hindenburg Omen can be found here,...
The Hindenburg Omen, is market breadth signal that marks when a critical set of market factors that can create the necessary conditions for a stock market crash.
Based on Technical Breadth Indicators of the NYSE, a broad equity market index.
More information on the conditions of the Hindenburg Omen can be found here,...
A simple script I wrote that allows you to look at the posture of a moving average. Rates of change can be useful to understanding momentum. Additionally, I have included a signal line so you can see if the posture is more or less than average.
