Price movement indicator

4 thg 12, 2020

This indicator shows us if the price is moving up or down based on the ratio of current price vs previous bar.
If this ratio is above 1 then this indicates that the price is increasing, while if the ratio is below 1 the price is decreasing.


HOW TO USE:
Set the desired EMA length, number of previous bars to compare with and offset.

Markets:
It can be used to all markets.

6 thg 12, 2020

Phát hành các Ghi chú

• [* Potential LONG and SHORt entries (green and red circles)]
  [* Signal line (blue)]
  

6 thg 12, 2020

Phát hành các Ghi chú

- Potential SHORT and LONG entries
SHORT = red circle
LONG = green circle
- Signal line (blue)

6 thg 12, 2020

Phát hành các Ghi chú

Removed unnecessary plots and variables.

8 thg 12, 2020

Phát hành các Ghi chú

HMA added to bring more smoothness

8 thg 12, 2020

Phát hành các Ghi chú

HMA Offset added

9 thg 12, 2020

Phát hành các Ghi chú

Entry points are clear now.
Green - LONG
Red - SHORT

19 thg 12, 2020

Phát hành các Ghi chú

Added SMA length for pricecomparison n-bars back
EMA set to 100
Offset set to 25

24 thg 12, 2020

Phát hành các Ghi chú

Minor bug fixed

24 thg 12, 2020

Phát hành các Ghi chú

Chart error fixed