AutoEnvelope
AutoEnvelope Automatic EMA envelope.
Another version for AutoEnvelope Another version for AutoEnvelope according to the format described by Dr Alexander Elder in your book How To Take Profits, Cut Losses, and Benefit from Price Declines.
3-Candle Chart It is made of 3 candles per trading day: – London Open to New York Open – New York Open to London Close (Power hours) – London Close to New York Close I also added a “funny” number to offset the chart itself. Recommendations: Works only on the 1-hour timeframe Time offset variable…
cci with arrow It can be used for scalpers and to determine if a trend is gaining or losing momentum. For scalper: use on m5 attach with period M15, M30 and H1 where there exists an arrow, place an order. For momentum: the arrow indicates where the new high/low is greater/lesser than the previous high/low,…
MAcrosses Counts cross off MAs, it shows % that all MAs are above slower MAs If MA crosses above another, the indicator rises If MA crosses under another, the indicator falls If the indicator rises to 100%, every MA is above MAs with a higher period If the indicator falls to 0%, every MA…
Currency Pairs Correlation This indicator is developed to show the average movement of any 2 correlated currency pairs of the same TF. In the case of “EURUSD” and “USDCHF,” Green Histogram shows ascending trend of the main currency (“EURUSD”) and Red Histogram shows a descending trend. The input parameters: ActiveLevel and PassiveLevel are used…
EES Velocity Velocity = High-Low / Time. Time is changeable to minutes, hours, or days. Seconds is the default. In physics, Velocity = distance / time. Velocity can be a good indication of price action divided by time, differing from indicators such as ATR and Volatility indicators that do not include time.