This EMA Candles indicator use the price movement between two user selected Exponential Moving Averages to help determine the current trend.
As of release, there are 5 possible bar color outputs, all of which are shown in the legend above.
The Five Electable Color Outputs:
Uptrend; Strong Uptrend; Downtrend; Strong Downtrend; n/a
I hope you all enjoy!...
This is the optimized version of my MTFSBB indicator with capability of possible bands prediction in case of negative shifting (to the left).
Make me happy by using it and sending me your ideas about the prediction.
I inspired myself from the MACD to present a different oscillator aiming to show more reactive/predictive information. The MACD originally show the relationship between two moving averages by subtracting one of fast period and another one of slow period. In my indicator i will use a similar concept, i will subtract a quadratic least squares moving...
John F. Ehlers introuced Predictive Average in his "Rocket Science for Traders" chapter 20 on 2001.
The concept of taking a difference of lagging line from the original function to produce a leading function suggests extending the concept to moving averages. There is no direct theory for this, but it seems to work pretty well. If...
this code is untested use at your own risk...
applying timed price change over the square to predict price expansion or contraction of the range, it is not predicting the future price only the range that is possible for the price to be in within a margin of error of possibility, with that said i think its very unlikely for price to fall outside the range, due to...
The Alpha-Sutte model is an ongoing project run by Ansari Saleh Ahmar, a lecturer and researcher at Universitas Negeri Makassar in Indonesia, that attempts to make forecasts for time series like how Arima and Holt-Winters models do. Currently Ahmar and his team have conducted research and published papers comparing the efficacy of the Alpha-Sutte and other models,...
This simple script collects data from FTX:BVOLUSD to plot BTC’s implied volatility as a standalone indicator instead of a chart.
Implied volatility is used to gauge future volatility and often used in options trading.
In general gaussian related indicators are built by using the gaussian function in one way or another, for example a gaussian filter is built by using a truncated gaussian function as filter kernel (kernel refer to the set weights) and has many great properties, note that i say truncated because the gaussian function is not supposed to be finite. In general the...
This script measures the correlation of the hourly RSI of 24 hours ago with the difference of price between now and the price 24 hours ago. In other words, this is an indicator which measures the predictive power of the RSI.
Green means that the price is strongly correlated with the past RSI (which is the normal state when the market is flat and there is no...
This is an additional Script to my recent Pivot Point indicator scripts which will show you the next days pivot points based on the actual price range.
This is useful if you are trading right before a new day and want to know how the next bdays pivot points may be placed.
If you have any questions or suggestions pls...
I have been working on this script the lasts days, it's a collaboration with an uruguayan mate.
* It has been optimized for 4h charts, use it on other at your own risk.
* Always use Stop Loss, since it might give false signals after a long trend.
* I'm still working on it, I'm going to add candlestick pattern filtering.
Thanks for your...
This script calculates 3 MAs and forecasts where these MAs will be in the next 5 future periods.
Automatic mode - price will be based on current price ("flat") or an X-period linear regression ("linreg").
Manual mode - enter your own value('s): let's see where the MA's will be when your favourite equity all of a sudden hits 1 million tomorrow!
If you rescale a sine wave to the price you will need to correlate it with it in order to show good results, today i present a different method that does not involve correlation to "morph" a sine wave to the price in order to provide forecast's and highlight market periodic patterns.
length control the period of the sine wave, ...