VDUB_BINARY_PRO_3_V2 - FINAL
*stripped out a couple of things from V1 - found it was to noisy
*switch period channels around
Optional- set centre band to '34 to run centre line
other indicators to include
Simple indicator to visualize Transient Zones (TZ) and Potential Transient Zones (PTZ).
The last 3 numbers in the header represent: probability of true TZ (black), probability of PTZ (navy) and probability of PTZ resolving (gray).
Original ForexFactory thread by EURUSDD www.forexfactory.com
- Added TZ/PTZ...
For both scripts - Go to 'MAKE IT MINE'
Modified scripts for Binary trading 1- 3 min charts / 5 -15 min intervals
vdubus BinaryPro 1
Vdubus BinaryPro 2
Vdubus BinaryPro Money Management Strategy: $10 - $50,000 in 15 trades
Tip * break consecutive trades down to lots of 5 compounded / repeat to build up a solid equity...
Cycle Channel is loosely based on Hurst's nested channels. Basic idea is to identify and highlight the shorter cycles, in the context of higher degree cycles.
This indicator plots the shorter term (red) & medium term (green) cycles as channels. Some things to note:
As you can see the red channel keeps moving with in the bounds of green channel. When green...
//1.Buy when all three lines are become Red to Green or yellow and cover the position even one green become Red line next
//2.Sell when all the three line are become red and cove the position even one line become red to Green or yellow.
This is a trend trading indicator+alert utilising the Traders Dynamic Index (TDI), Price Action Channel (PAC) and Heikin Ashi candles.
About 6months ago I came across the use of TDI in "E.A.S.Y. Method" that I found in forexfactory forums: www.forexfactory.com
and I was able to set up a chart based on the...
---- May 05 2015 -----
Added support for filtered ranges:
RID V3 : pastebin.com
RIDv3 has full backward compatibility (!?), meaning all my descriptions below still apply for V3.
-- In addition, I have added a NON-OVERLAY mode, which can be put in its own pane, that shows the number of bars in the current range.
-- in Overlay mode, you can...
Still in test mode
**UPDATE to include colour background BUY / SELL SIGNAL *** -
Double channel with double conformation of pivot / trend reversal
I have a similar concept to this running on MT4 which works quite well together.
Both channels can be customised by changing minutes, D , W , M
CM_Pivot Bands V1
Special Thanks to Michael S for Introducing Code.
Instead of a Long Write Up I Recorded A Video Going Into Detail On V1 Of This Indicator. Please View To See My Initial Findings, My Thoughts For V2, And Items I Need YOUR Help With!!!
In Inputs Tab Indicator Has Ability to Turn On/Off Multiple TimeFrames…Thought Process Explained In...
this little script is an addition to another one I will release right after this.
This is the Price Action Channel. The bands are calculated using a smoothed moving average of the highs/lows. I have taken the smoothed moving average script from the public library in order to create this, so all props to whoever created that one.
I am fairly new to...
Moving average of High, Low & Close with Fibonacci bands calculated from the average high and low. Four upper levels are to the power of 1.618, 2.618, 3.618 & 4.618. Four lower levels are to the power of 0.618, 1.618, 2.618 & 3.618. Included are a choice of time frames either current, semi-custom or fully custom allowing freedom to set any period you like which...
These 2 indicators are derivative work from Jim Hurst's book - "The Magic of Stock Transaction Timing".
The bands are % bands around a median that gets calculated according to Hurst's formula. The outer bands (called ExtremeBands) signify extreme overbought/oversold conditions. Inner bands signify potential pullback points. As you can see, they also act as...
VMA Bands are ATR bands with VMA as its centre. For a description of options, refer to my VMA post: .
I have moved VMA calculation in to a separate function. Feel free to use calc_vma() in your scripts. For more MA calculation function (KAMA, VIDYA and others), refer to my complete list of indicators below.
Wish you all...
This indicator combines a number of PAC types into one indicator and will replace some of my previously PAC scripts (some were not published).
It draws a Moving Average (MA) channel based on various boundary criteria. Even though the MA choices are not limited to SMA and EMA, these would be the your first choices with most PAC requirements, feel free to experiment...
Designed for quick and clear visual analysis of market direction, aiming to highlight areas suitable for entry/exit.
Channel width's are based on the average high and low difference over X period, and as such can help determine reasonable target price and stop distances.
There is no specific strategy to use with this indicator, it is...
Added parameters for source of highest and lowest line.
It's usefull for ultra volatile markets like cryptocurrencies and penny stocks. Using close price as source helps to filter out false breakout signals in turtle trading strategy.
Time and Money Chart Channel
TAM channels, introduced by Stuart Belknap, is part of his TAM charts setup.
These bands use SMA as the basis. 3 lines above and below paralleling the centerline (basis) represent one, two and three sigmas of the actual data points from the mean centerline.