The indicator counts Bull and Bear candles in Bar_Period bars and calculates percent.When blue line is up to 61.8% and red line is down to 38.2%, the trend is completed. When blue and red lines are near 50%, the trend is started.
Author: saeed Mollanezhad
VininI WPR FO:
Smoothed Larry Williams' Percent Range using Inverse Fisher Transform.
This indicator generates definite buy and sell signals, as its value is close to +1 or -1 most of the time. We should buy when the indicator is crossing -0.5 upwards or 0.5 upwards, in case it has crossed -0.5...
Trend indicator which determines its values based on the signals taken from the Williams' Percent Range indicator and group of its signal lines, whose periods changes in the arithmetic progression
Fig.1 The VininI_Trend_XMA_WPR indicator
Author: Nikolay Kositsin
This indicator is based on WPR (Larry Williams' Percent Range) and its multiple signal lines analysis.
A trend direction in this indicator is determined by the cloud color, while its power is determined by the cloud width. You can use the overbought (UpLevel) and oversold (DnLevel)...
It searches for tops or bottoms of price movement.
Attention - the signal lines of trend reversal isn't filtered.It's better to use it at several timeframes for the confirmation of divergence.
Ergodic MACD Oscillator Blau_Ergodic_MACD:
Ergodic MACD Oscillator by William Blau is described in the book "Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis".
Author: Andrey N. Bolkonsky
Standard MACD version that can be located by setting the indicator timeframe value different from the chart one. The indicator also allows traders to select histogram and signal line smoothing algorithms.
Author: Nikolay Kositsin
The indicator changes color of bars in a separate window. It is changed to the color of the current trend calculated based on the RSI technical indicator.
If the trend and candlestick direction match, the color of the bar is light, if opposite, the bar is dark.
Bollinger Bands Set:
Set of Bollinger bands created on the basis of the universal smoothing algorithm.
This indicator uses considerably more Bollinger bands than the standard Bollinger Bands indicator. The matter is that the set of bands having the "Deviation" parameter from the range of 1, 2, 3,...
MTF RSI Smoothed (recursive):
Recursive implementation of multi-timeframe smoothed RSI indicator.
The indicator uses the recursive call of itself for lower timeframes. This eliminates the need to create two indicators: the conventional and multi-timeframe (implemented by call of the conventional)....