Before anything, take notes of the script limitations : 1) The script has the setting : "Max_bars_back" set to 390. This is required to use dynamic length and an "internal clock" *390 is the normal number of bars in a typical stock trading day. 2) The script requires volume data to work correctly * I use a way to represent volatility that requires ( volume +...
Personal DMI and ADX script ADX color change from positive vs negative momentum DMI Color fill based on DMI+/- positive momentum No fill color during lack of momentum
Alright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different.. So first of all the main indicator is based off of the ADX and the DMI; For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab...
Introduction: The purpose of this indicator is to assist users in detecting bullish divergence across any time frame. Divergence is the main component of my methodology, this on display at Blockchain Education (charts, calls, etc..). This is not a signal script, it is purely for educational purposes and should only be used as an indicator to invest further time...
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures. ADX is plotted as a single line with values...
Bitfinex coins risk appetite indicator. To be applied on EOS and LTC and perhaps on other coins, too. Go long when the background is red, go short when the background is green. Based on LONGS compared with the LONGS on BTC+ETH+XRP. Only works on coins that can be margin traded @ Bitfinex - because it reads the number of Bitfinex long positions. Alerts are available.
*This is a private script for Personal Use. To avoid any Trade Mark violations, the official math rules have been slightly optimized & name changed. The Time Indicator gets its inspiration from the classic and trademarked work of Tom Demark (with one of the biggest differences being the elimination of the "Price Flip" being a necessary condition to start a...
*This is a private script for Personal Use. To avoid any Trade Mark violations, the official math rules have been slightly optimized & name changed. The Time Indicator - Backtest gets its inspiration from the classic and trademarked work of Tom Demark (with one of the biggest differences being the elimination of the "Price Flip" being a necessary condition to...