The goal of this study was to use ADX from Higher Timeframe - to determine trend direction
Why? Because ADX is very sensitive, able to show trend ending without any delay, but not in the middle of it.
Being able to see such immediate trend change on higher timeframe, is a great indicator of trend direction.
Adding just security() calls to 'highest', 'lowest' and...
Many people have been watching open price of each time axis from long ago.
Also, opening price has an important meaning to determine whether each candlestick is White or Black.
Opening price is very important.
Opening price serves as support and resistance.
This indicator displays OHLC Open as lines in multiple time frame.
✓ Scale Price Chart Only
6 EMAs with the ability to specify the source and time frame for each.
Each also has the option to use the source from a Heikin-Ashi chart which smoothens them out a bit due to the way Heikin-Ashi charts work.
In this indicator you can set 3 group (each include 4 MAs) of MAs, in Multi Time Frame.
You can also set EMA or SMA in each group.
This strategy is based on MTF strategy found on Forex Factory forum and published by bobby2 (credits to him).
This is quite simple but need improvement to work properly:
1- it is made for 5 min chart
2- when 15min stochastic cross above 50 and 5min stochastic is rising, buy
3- when 15min stochastic cross below 50 and 5min stochastic is falling, sell
This is a simple study that plots kagi values over your current chart. Works with both price action and time based charting.
NOTE: Because higher timeframe values are not certain until closed, refresh your chart as new levels are drawn.
This indicator shows density of each candlestick .
If volume density is high, it will be in a ceiling or bottom, or it will be easy to break and you can predict them.
This is Multiple Time Frame version.
Cryptocurrency: above hourly
Forex, Index: above weekly
This study is an experimental variation of Bollinger Bands using the Kaufman Adaptive Moving Average (KAMA) as the baseline.
Includes an additional trailing KAMA series for a supplementary view of average price activity.