Fibo For Yesterday and Last Week Using Golden Section Analysis of the market for yesterday and last week. The core is to calculate the start and end times of yesterday or last week. A week of the market begins at 17:00 EST (USA EAST UTC -5) on Sunday, the market continues till Friday 17:00. Input…
Guppy (Long and Short) This indicator was developed by Daryl Guppy. It is composed of 6 EMAs of 3, 5, 8, 10, 12 and 15 periods which give you the direction and the strength of the short-term trend, the speculator trend. It is used in combination with another group of six EMAs which measures the…
Bounce Strength Indicator Bounce Strength Indicator (BSI) shows the strength of bounce according to the Wyckoff method. After a move higher, the stock moves into a flat consolidation with a clear support level. Chartists should watch the action closely as prices approach to support. A high volume surge off support, also known as a springboard,…
Reversal Navi This indicator shows the entry point coming after the reversal bar. I wanted to see a lot more of the entry point. So, I made this. Please use in combination with a filter (ADX, BSI, etc.). Display: blue/red mark — shows that the reversal has occurred; blue/red arrow — reversal bar; blue/red lines…
SpreadMIN The indicator is a histogram of the lowest/minimum spread only, given in a candle whilst the indicator has been running. Example scripts for placing buy or sell at the lowest spread are included. It is similar to other spread monitoring indicators. I wanted simple code and only the spread minimums to display because I…
Tango Line This indicator is a sharp turn to the dynamic change of direction. Like tango steps! It makes earlier entry possible. Display: tango line (pink line) — middle of the range, which was created after the reversal bar; band — high and low in the range.
Bounce Strength Indicator 2.0 with Tango Line Bounce Strength Indicator (BSI) shows the strength of bounce. It now works in trend and uses Tango Line calculations. There is no difference in the basic concept, but I tried to remake it from a different angle. I used the width of the range as a measure to measure (like…
PriceHistogram OnClick Event This indicator shows four price histograms when a click event is fired. Display: Red — 1-day histogram (use M5 timeframe). Gold — short term histogram (use M5 timeframe). Pink — medium-term histogram (use M30 timeframe). Blue — long term histogram (use M30 timeframe). Settings:
PriceHistogram Channel This indicator shows channels using the price histogram. Display: redline — top of the histogram; dot area — where 60% trades take place; dash line area — where 90% trades take place; blue lines — other peaks (1-3 line). Settings: Calculation time (hour): 4 Histogram period (day): 3