Logistic Map Equation - The logistic map connects fluid convection, neuron firing, the Mandelbrot set and so much more. This study is an attempt to apply Logistic Map Equation in Trading Logistic Map Equation Xn+1 = r * Xn * (1 - Xn) Where, r - growth rate Xn - percentage of theoretical maximum of measured event (from 0 to 1) (1 - Xn) - represents...
A very simple script to plot the yesterday's OHLC, to be used in an intraday graph. There were other scripts like this, but their code was ugly, filthy, smelly, and WET, so I did this.
It is an indicator that assists short-term reversal trading utilizing support and resistance. It is recommended to build a position after the buy / sell marker appears while checking the support and resistance. When building a position, it is important to have a short-term perspective without holding it for a long time. (Recommended period is 3 to 5...
Dear followers, today a nice scalping tool for day trading on low time frames (1-3-5 minutes)! Each day the indicator will print some important levels and ranges related to the trading day before: yesterday high (black line) yesterday day range averange (silver line) yesterday low (black line) average between yesterday high and yesterday average, together...
Support and resistance indicator for any asset and any time frame that makes it simple to visualize S/R flips as well as bullish and bearish bounces and rejections off these levels. Simple to use, just add to your chart and choose how often you want the levels to update based on the Size setting. Lower numbers will update more quickly and show more recent...
So I have been using the linear regression indicator that is built in but wanted to see it represented as bands around price like a keltner channel. I added in 4 tiers of of bands as I have found on shorter time frames that quick spike moves up or down usually end up in the +/- 4 deviation level before presenting a good opportunity to scalp. The linear regression...
This Indicator built based on the unique moving average parameters and daily range as well as smoothing signal. This indicator has 4 time frame curve lines 5 Mins, 15 Mins, 30 Mins & 60 Mins and it named as mentioned below. Curve lines 1. AX_MA 5 (m1) 2. AX_MA 15 (m2) 3. AX_MA 30 (m3) 4. AX_MA 60 (m4) Straight lines 1. Daily range I have back-tested this...
I just started learning about #TheStrat by Rob Smith. I created this tool as it helps me see the bigger TFs over my short TF periods. It plots the Highs and Lows of the current and past Quarter, Month, Week, Day, 6hour, and 1hour. (I added the 6 hour for myself for use with cryptos which run 24 hours). It leaves the previous Highs/Lows plotted as well so you can...
This is a breakout system that has pivot swing lines and a trailing stop built in. Many people try to use different ways to find out what a swing point is such as, zig zags, lookbacks, fractals, hand-drawn chart lines, or other subjective indicators. This looks at the heiken ashi price to objectively find the swing pivots. Many would agree that the color changes...
This indicator combines the essential indicators that ASFX traders use, including the EMAs (8, 21, 50, 200, 800), the Average Daily Range, the Asian Range, and the Pivot Points. The EMAs should be used as dynamic supports and resistances. We could use it to find entries like when there is a bullish engulfing coming off the 21 EMA. The Average Daily Range tells...
This can be used to compliment the Directional Movement Index if used as a standalone trading system. In addition to using the ADX and DI lines, a trailing stop can be used when the DI lines cross. If the plus line is above to show a buy signal, then the low of the price of when which the cross took place is used as a trailing stop. If the minus line is above to...
In the book, The New Technical Trader by Tushar Chande and Stanley Kroll there is a part that talks about candlestick analysis and how the wicks play a role on how the price will behave. When wick lengths increase then there could be uncertainty. Weakening of support and resistance levels can also be seen by the size of the candlestick wicks or shadows. Shoutouts...
If I ask you what moves the price, most of you will say the same old answer: Demand & Supply But who creates Demand & Supply? You or Me, the retailers? No. It is Big Institutions and Mutual Funds and Big Banks which create this demand and supply because the share of retailers in Stock Market is so little it does not affect the price in a big way. The Big...
Magnetic Zones v1.1 Beta This is one of the most powerful and effective indicator which I personally use for Intraday. It works well for trending stocks and trending days. What are the Zones? The zones are basically Retracement and Reversal Zones. The price will take a halt at this zones. So it will be easy to take an entry. How to use? Labels: ...
Version 1.0 of our PT High Low indicator helps create a visual for the Daily, Weekly, Monthly & Yearly range. These levels will give you an idea of where the price can react if reached. Consider them pivotal areas. We included a toggle that will help you go between the candle's High/Low to the candle's Open/Close. Both features are unique when scalping & swinging....
"It has never been easier to find high probability trades" Reversal Bands & Zones (Expo) is an algorithm that analyzes the market in real-time and identifies reversal points, key market zones, and trends. The advanced and unique reversal bands act as support & resistance zones, and together with the trend tracking feature, it serves as a trend confirmation....
Plot high and low of first candle from the current timeframe. The levels are adjusted automatically when the timeframe is changed. Trade breakout in either direction with other as a stop loss. Can be used for any instrument.
This script was inherited from "GAP DETECTOR" by Asch- and the modified version is being published with consent of the author. This script identifies gap up or gap down between candle bodies (for the selected time frame). The original script has been reworked to consider Open/Close instead of the High/Low. It identifies "Gap" up/down and indicates them with...