tma crossover is an indicator created by 2 tma lines with default lenth of 30 and 5 candle shifting.
both tma lines have 15 candle extrapolations,
on bullish market the green line is located above the red line while on downtrend the green line moves below the red.
source is open and free for all
As you know, MACD is one of the oldest and the most popular indicators for trading. It seems to be a «Hello world indicator» of most technical analysis beginners. It’s easy to interpret and rather useful for many styles of trading. There are many arguments about its accuracy but in my opinion, this indicator can show very good results. However, you...
- New Settings Menu/Layout (better labeled)
- Binary Signals - produces long/short/long/short etc signals (stop-loss not ready yet)
- Stochastic Signals (higher time frames, 1 - 4HR - produces a signal on LL (lowest low) crossover of stochastic(k, d) over 1000 and 500 bars ago, and does so with HH (highest high)
Credited to ChrisMoody's script ==> _CM_Ultimate_MA_MTF_V4 :)
I have modified a bit his indicator to include more MTF fast MA and slow MA crossover. I have added table to show MTF bullish and bearish status. Fast MA above Slow MA is considered Bullish and vice versa
Kindly refer to chart to see explanation of this indicator. Hopefully you guys will enjoy :)
Today we gonna demonstrate out heuristic of classical EMA Indicator. We decided to simplify your trading staff and add some meta data. So, let’s look at it from the very beginning and initially speak about what EMA is and then I’ll tell you why our indicator is extremely convenient and useful.
So, what is EMA? An exponential moving average ( EMA...
This back testing strategy generates a long trade at the Open of the following
bar when the %K line crosses below the %D line and both are above the Overbought level.
It generates a short trade at the Open of the following bar when the %K line
crosses above the %D line and both values are below the Oversold level.
Only difference in this one is that a EMA is used which should give quicker signals but theres a chance for more false signals as per usual use TA and other indicators to confirm positions. So far I've been liking the Vortex Indicator
When the VWAP (Thick Yellow) AND the two EMA (Orange and thin Yellow) cross above the MVWAP (Purple) then you will be in a...
This is a very simple " the trend is your friend " indicator - if you are consistent!
How this indicator works:
This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend.
UP-TREND: If the price is above the EMA200, the...
I realized that the zone changes in the stoploss remained slow, so I couldn't make enough use of the characteristics of technical indicators when opening positions.
This pushed me to keep stop-loss under the influence of a dependent variable.
This script helped me a lot (everget) :
I've redesigned the...
Moving Average Crossover Indicator
Here I present a moving average indicator with 9 user definable moving averages from which up to 5 pairs can be selected to show what prices would need to be closed at on the current bar to cross each individual pair.
I have put much emphasis here on simplicity of setting the parameters of the moving averages, selecting the...
This is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators.
When trading with VWMA's, it is common to enter a position when the...
MACD = Moving Average Convergence and Divergence
Hybrid = Combining the two main MACD signals into one indicator
BSH = Buy Sell Hold
This indicator looks for a crossover of the MACD moving averages (12ema and 26ema) in order to generate a buy/sell signal and a crossover of the MACD line (12ema minus 26ema) and MACD signal line (9ema of MACD line) in order to...
Introducing Krown Moving Averages with Crossover levels.
Plots 5 Ema's and 3 SMA's ( Default Krown Periods )
It calculates the price levels at which each pair of moving averages would be equal .
That means that if price closes the other side of that level the pair of moving will cross also.
These levels can therefore be considered as "...