Holt’s double exponential smoothing trend Holt’s double exponential smoothing but showing only the trend component Even though Holt’s double exponential smoothing is usually used in a sort of an “on-chart average like” indicator with a forecasting part, this version is showing what is not seen in that type of display. The trend component is an…

Ultimate Moving Average Moving Average based on Ultimate Oscillator (I modified Ultimate Oscillator’s code). It calculates a weighted average of three moving averages (Simple, Exponential, Smoothed, or Linear Weighted). Highly adjustable, 3 periods and weight of each period. IMHO it follows a trend better than a single moving average, it can also be used as…

Automatic Fixed Scale with Top/Bottom Margins This code was written as an indicator. It adds top and bottom margins to the chart. Both can be adjusted separately. This gives some breathing space to the top and bottom of the chart for drawing. It’s changing chart scale to fixed scale, then finds Highest and Lowest price…

Pivot Star This indicator draws current pivot points, it does not plot history. Clean and simple. Choice of Standard, Fibonacci, Camarilla, Woody’s, and Demark pivot calculations. The calculation is based on the previous bar of the chosen period. The default setting is H1, for scalping. xShift positions pivot lines relative to the first bar (positive…

Auto Fibonacci Retracement Automatically draws Fibonacci retracements on the chart. Added the following inputs: Fib Line Color Fib Line Style Fib Line Width The Fibonacci retracement automatic calculated position can be adjusted by dragging the top or bottom of the red diagonal line. If the chart period is changed, the Fibonacci retracement will revert to…

Price Quote Displays current bid price and % change of (the open price of) current bar or X previous bars, also High, Low, and range. Examples: % change of current Day bar (Period D1, Shift 0). In this case, the current price is compared to the open price of the day. % change of current…

Normalized Price Indicator By using this indicator you can see the normalized price of any chart! You can use this indicator to find the divergence in the market, or you can put the Normalized price of several currency pairs as you can see in the 3rd figure on one window as well (AUDUSD Blue, GBPUSD…

NonLag Inverse Fisher Transform of RSX Inverse Fisher Transform version of non-lag smoothed RSX. Since RSX is already a “smoother than RSI” RSI, if you wish to turn the non-lag smoothing off, then simply set the non-lag smoothing period to <=1. Inverse Fisher Transform enhances the extremes, and it makes the indicators usable for both…

DSL – RSI RSI is mainly used in combination with levels or with a sort of signal line. Some prefer the levels some, on the other hand, “signal” line. We could dispute which one is the better, but it probably mainly depends on the trading style. Here is a version that, in some way, combines…

Dsl – MACD MACD is usually calculated with an addition of one signal line. That is a long-used trading system and has its merits. But that way is somewhat lacking when it comes to ranging markets (it can not detect false signals in the ranging markets). This version is using DSL (discontinued signal lines) and…