This indicator was originally developed by Doug Schaff in the 1990s (published in 2008).
Approach for detecting price 'chop'. It's quite simple; instead of trying to detect chop, just measure the weakness of a trend. This is done by essentially taking two moving averages, measuring their relative difference and then take a moving average of this difference of 'n' periods (Lookback) The result can be measured against a threshold 'floor' which...
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages. And draw two bands above and below TT line.
4 different color trend show for weekly, daily and 4 hours. red : mavilim downtrend, and mavilim below the wma21 orange : mavilim uptrend, and mavilim below the wma21 lime : mavilim downtrend, and mavilim above the wma21 green : mavilim uptrend, and mavilim above the wma21 also on the current chart; u can show current mavilim, weekly wma21,...
weekly mavilim line,daily mavilim line and more,within your current chart. and shows multiple mavilim trend. if u need something like this
weekly 21wma,daily 21wma and more,within your current chart. and shows multiple trend. if u need something like this
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.
Rainbow Oscillator script. This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities V.15:7: Rainbow Charts).
Phase Change Index script. This indicator was developed and described by M. H. Pee (Stocks & Commodities V.22:5 (28-37): Phase Change Index). Other indicators of M. H. Pee:
This is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 It was modified, result values wass averages.
Release Notes: - Trend trading tool - When the monthly range line or cloud is blue, the trend is up, vice-versa for orange/red. - Length auto-adjusts for every timeframe. This indicator does not work on weekly and above timeframes. - Monthly line color change doesn't work on some things like forex because the price is too low The origin of this concept is not...
Ehlers Reverse Exponential Moving Average script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 35:10: The Reverse EMA Indicator).
A simple trend following system. We use 2 moving average to determine trend. Green for up trend, red for downtrend. Trades are only opened on the trend direction. In up trend, we will buy only if RSI is in oversold condition. In down trend, we will sell only if RSI is on overbought condition. Both of the condition are highlighted. Keep the trading rule simple...
Price Action Channel for Market direction on any Time Frame. Very simple indicator to identify determined moves Bull or Bear. When price moves above Green line you have a stronger chance for a Bullish move. When price moves below red line you have a strong chance for bearish move. Trade either move until price re-enters channel. When price is in channel expect mostly chop.