Its a simple Golden- and Death-Cross IndicatorBNC:BLX
... it highlights the Crosses and labels them. It also highlights the bar where the cross happend.
Enjoy and buy me a coffee if you liked it.
I got the main concept for this system on another site. While I have made one important change, I must stress that the heart of this system was created by someone else! We must give credit where credit is due!
Y'all know baby pips. @ForexPhantom published about this system and did both back and forward test around 10 years ago.
I found it on the sit and now I put...
Here's a simple tool for determining long term trend direction using two Volume Weighted Moving Averages (VWMA). The VWMA's emphasis on volume often makes it a better measurement for trend direction than the more popular Exponential Moving Average (EMA).
Trend direction is determined by comparing a fast and slow VWMA. The default length for the fast VWMA is 50...
The 3 most important moving averages:
EMA13 - gives institutional bias (enter trade at the touch of this line)
SMA 30 - medium term trend (bullish if price stays above, bearish if price stays below)
SMA 200 - long term trend (bullish if price stays above, bearish if price stays below)
By Pequet gist.github.com
Free to use Moving Average indicator for 50, 100 and 200 days that displays both the daily and weekly Moving Averages on the same chart - revealing key support and resistance lines that might otherwise be overlooked. Please ensure to view in daily view only.
What is a Moving Average?
Smooths out the price across each period to reveal short, medium and long term...
This indicator provides the pip value from various key levels I've found important in my trading system.
The results are graphed. I suggest that you choose the 2 most important ones you want to graph otherwise the indicator gets difficult to read.
The important data is the actual numbers but I've found it helpful to understand how a ticker moves in regards to...
The indicator is using three main EMA's, 8, 18, and 200 which have been found useful by different experienced traders, each crossover will be marked with colored circles, making it really easy for beginner traders to identify in which trend the market is going.
EMA Crossover = Blue Circle
200 EMA Crossover = Red Circle
Free to use Moving Average indicator for 50, 100 and 200 days.
Smooths out the price across each period to reveal short, medium and long term trends and their relationship to each other. In principal, when the price is above a moving average the trend is up, when the price is below a moving average the trend is down.
When a short term MA crosses above a long...