The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. Sometimes known as the "stop and reversal system," the parabolic SAR was developed by J. Welles Wilder Jr., creator of the relative strength index (RSI). PSAR can itself prove to be great trading...
As always, this is not financial advice and use at your own risk. Trading is risky and can cost you significant sums of money if you are not careful. Make sure you always have a proper entry and exit plan that includes defining your risk before you enter a trade. Background: This is my take on two relatively famous indicators that paint the colour of your...
The Directional Movement Hann Window Indicator was created by John Ehlers (Stocks and Commodities Dec 2021 pgs 17-18) and this is his updated version of the classic Directional Movement indicator created by J. Welles Wilder. Ehlers uses the Hann Window Filtering after using an exponential moving average to smooth the classic directional movement indicator. This...
This is a heiken ashi pivot based trailing stop for breakout entries and exits. It's possibly related to the Swing Index System by Welles Wilder or an alternative to it that I came up with, in case determining the swings on the Accumulative Swing Index is too much of a burden. It is believed that the ASI uses the calculation of heiken ashi in its formula. This...
Ever wondered what the chart would look like if it's flipped upside down and flipped horizontally into the future? The idea is that when there is a trend, a repeating pattern tends to occur. Going backwards and projecting that movement into the future can supposedly show what the future price will be. Somehow I haven't found anyone try it like this and I am...
O ADX avalia tendências de alta e baixa, buscando mostrar um movimento direcional. O indicador é composto por três linhas: DI+, DI- e ADX; Onde o ADX representa o índice das médias do movimento direcional. O DI+ ocorre quando o valor do preço máximo do candle for maior que o do candle anterior, assim, temos um movimento direcional positivo. DI+ = Máx(c) – Máx(c –...
Script criado com base na visão do Mestre Palex, com alguns adicionais. Esse modelo possui as médias exponenciais: 9, 21 Tabajara(Ogro), 72, 200, 400, 400W(Wilder), 9 e 21 do Diário e 9 do Semanal (Ótimo para prazos intra-days). Inseri a Linha Dagua para não se afogar, VWAP para não ser mordido por tubarões e a mudança na cor do candle ao tentar encontrar alguma...