About: I developed the original as an experiment to potentially replace or augment my BB and RSI based strategies. After some back-testing I could see some really interesting results but it wasn't quite where I wanted it, so after some tweaking and further back-testing, and adding in more MA options, here we are. Mostly tested on 1h and greater time-frames using...
I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice. Description / Usage: Adjust length and multiplier much the same way you would expect with Bollinger Bands. Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA) The outer channels are increments of the base...
Moving average of High, Low & Close with Fibonacci bands calculated from the average high and low. Four upper levels are to the power of 1.618, 2.618, 3.618 & 4.618. Four lower levels are to the power of 0.618, 1.618, 2.618 & 3.618. Included are a choice of time frames either current, semi-custom or fully custom allowing freedom to set any period you like which...
VDUB_REJECTION_SPIKE_V2 Works on all time frames, Tested on 1min, I can't make it any faster Hull MA channel channel 2 Pivot Channel {RS} spike hunter Modified Fractals V2
VDUB_BINARY_PRO_3_V2 - FINAL *stripped out a couple of things from V1 - found it was to noisy *added Baseline_VX1 *switch period channels around *zigzag Optional- set centre band to '34 to run centre line other indicators to include MACD_VX1 Stoch_VX3
Still in test mode **UPDATE to include colour background BUY / SELL SIGNAL *** - Double channel with double conformation of pivot / trend reversal I have a similar concept to this running on MT4 which works quite well together. Both channels can be customised by changing minutes, D , W , M I haven't been able to test this out so feel free to do so...
---- May 05 2015 ----- Added support for filtered ranges: RID V3 : pastebin.com RIDv3 has full backward compatibility (!?), meaning all my descriptions below still apply for V3. -- In addition, I have added a NON-OVERLAY mode, which can be put in its own pane, that shows the number of bars in the current range. -- in Overlay mode, you can switch on/off...
Hey guys, this little script is an addition to another one I will release right after this. This is the Price Action Channel. The bands are calculated using a smoothed moving average of the highs/lows. I have taken the smoothed moving average script from the public library in order to create this, so all props to whoever created that one. I am fairly new to...
Cycle Channel is loosely based on Hurst's nested channels. Basic idea is to identify and highlight the shorter cycles, in the context of higher degree cycles. This indicator plots the shorter term (red) & medium term (green) cycles as channels. Some things to note: As you can see the red channel keeps moving with in the bounds of green channel. When green...
Took the orginal Murrey's Math Lines Channel and added Multi Timeframe functionality. Question though, how do I get 4H available in the drop down list when setting the desired timeframe ? Thanks
VMA Bands are ATR bands with VMA as its centre. For a description of options, refer to my VMA post: I have moved VMA calculation in to a separate function. Feel free to use calc_vma() in your scripts. For more MA calculation function (KAMA, VIDYA and others), refer to my complete list of indicators below. Wish you all a very prosperous New year. Hope these...
For both scripts - Go to 'MAKE IT MINE' Modified scripts for Binary trading 1- 3 min charts / 5 -15 min intervals vdubus BinaryPro 1 Vdubus BinaryPro 2 ------------------------------ Vdubus BinaryPro Money Management Strategy: $10 - $50,000 in 15 trades Tip * break consecutive trades down to lots of 5 compounded / repeat to build up a solid equity...
CM_Pivot Bands V1 Special Thanks to Michael S for Introducing Code. Instead of a Long Write Up I Recorded A Video Going Into Detail On V1 Of This Indicator. Please View To See My Initial Findings, My Thoughts For V2, And Items I Need YOUR Help With!!! In Inputs Tab Indicator Has Ability to Turn On/Off Multiple TimeFrames…Thought Process Explained In...
Simple indicator to visualize Transient Zones (TZ) and Potential Transient Zones (PTZ). The last 3 numbers in the header represent: probability of true TZ (black), probability of PTZ (navy) and probability of PTZ resolving (gray). Original ForexFactory thread by EURUSDD www.forexfactory.com Version 1.1: - Added TZ/PTZ occurrence probability thanks to...
The Acceleration Band System was published in "Big Trends in Trading" by Price Headley in 2002. The system designed to catch stocks as they start to trend but before they go parabolic. The system is simple but supposed to be very effective. This system makes use of %R and ADX a lot to determine the entries/exits. Refer to the documents listed below for the...
These 2 indicators are derivative work from Jim Hurst's book - "The Magic of Stock Transaction Timing". The bands are % bands around a median that gets calculated according to Hurst's formula. The outer bands (called ExtremeBands) signify extreme overbought/oversold conditions. Inner bands signify potential pullback points. As you can see, they also act as...
All these indicators are by Mel Widner. Projection Bands : ------------------------------------------------------- These project market data along the trend with the maxima and minima of the projections defining the band. The method provides a way to signal potential direction changes relative to the trend. Usage is like any other trading band. Projection...