Linear Regressin Momentum
Linear Regression Momentum is an indicator of directional movement, built as the relative difference between the linear regression at the current moment and n bars ago. The indicator displays the calculated Momentum in a separate window as a histogram. The signal line is a simple average of the histogram.
The histogram value above 0 indicates an uptrend. The higher the value, the stronger the trend. A value below 0 indicates a downtrend. The lower the value, the stronger the downtrend.
Intersection of the histogram and signal line means either the weakening of the current trend or a reversal.
Mlr=(Li - Li-n)/Li-n, where Li - value of the linear regression plotted on the i-th bar, Li-n - value of the linear regression plotted n bars back from the i-th bar. Regression periods coincide.
- Using the linear regression instead of the price when plotting the Momentum indicator allows to smooth out the random fluctuations and to determine the trend reversal moments with a greater accuracy.
- Defining areas where the trend is weakening, and areas where the directional movement is resumed.
- It works on any instrument.
- It works on all timeframes.
- No repaints, no recalculation.
- Regression Period - linear regression calculation period. The longer the period, the more stable but more lagging it is.
- Momentum period - period of the Momentum indicator, i.e. the number of bars for calculating the difference of the linear regression
- SmoothPeriod - smoothing period when plotting the signal line.
The indicator can be used in multiple ways.
- As a trend indication: if the histogram is positive, the trend is growing, a negative value is a sign of a downtrend.
- To assess the trend strength: when the histogram is positive and above its signal line value - the uptrend is gaining momentum. If the histogram is below the signal line, but is greater than zero, the uptrend is weakening. When the histogram is negative and its value is below the signal line - the downtrend is gaining momentum. If the histogram is above the signal line, but is below zero, the downward trend is weakening.
- For signal generation: trend following buy/sell when the histogram crosses the zero level; buying against the downtrend at the intersection of the signal line from the bottom up in the negative zone, also in this case this is a signal to close a short position; selling against the uptrend at the intersection of the signal line from top to bottom with the uptrend, also in this is a signal to close a long position.
- Divergence of the price and indicator signalize an upcoming end of the trend.
The following signals are displayed on the chart:
- up/down arrow means change of the histogram sign and indicates trend change
- Buy/Sell arrows indicate that histogram crossed the signal line
The smaller the Regression Period and Momentum period value, the more often the indicator will produce trend change signals.
The smaller the smoothing period SmoothPeriod, the more often the indicator will generate trend weakening signals.
If you change settings, it is recommended to delete signal arrows from the chart.
Limitation: LinearRegressionPeriod > 3, MomentumPeriod > 1, SmoothPeriod > 3.
Trading based on candlestick patterns is one of the popular price action methods. This indicator automatically recognizes a set of popular bullish and bearish patterns to trade. In this version the user will be notified as soon as a pattern is recognized by the indicator. The indicator implements a filter to eliminate a set of non-promising patterns. You can select which patterns to be recognized by the indicator. Here is the list of the patterns: Bullish / Bearish 3-Candle Reversal Bullish / Be
Trend indicator with calculation of dynamic levels and signaling their intersection. Description of input parameters: StepTF = true; - Calculation of the indicator by closing the bar (true) or by each tick (false) BarsCount = 300; - Number of settlement bars Price = PRICE_CLOSE; - Type of price used TimeFrame = PERIOD_CURRENT; - Estimated timeframe TrendPeriod = 9; - Trend calculation period TrendDeviations = 4.9; - coefficient of deviation PeriodTrendSmooth = 1; - Trend smoothi
The Auto Force Signals automatically defines the most efficient period, during which the accuracy of the signals on a given chart is at its highest. This allows to receive signals with up to 95% accuracy. The trade signals are formed according to the special algorithm based on the indicator values. After the most efficient period and algorithm for forming trade signals is found, the indicator itself is constructed, the buy and sell signals are displayed on the price chart. Period efficiency and
This is an indicator designed for intraday trading. Therefore, the data is only displayed on the timeframes below D1. The indicator shows the areas where the price can reverse and change direction. It is not Pivot Points, the indicator uses a completely different prediction formula. Parameters Color of a maximum of day - the color of the possible maximum of the day; Color of a minimum of day - the color of the possible minimum of the day; Color of the line of opening of day - the color of the
The Direction indicator shows the price movement direction. It vividly paints bars in specified colors. The last buffer of the indicator is a special one. It shows a trend and assumes values 1 or -1 depending on its direction. A unique algorithm helps to detect the trend. External parameters: DirPeriod - indicator period. DirMethod - smoothing method.
This is an indicator for additional signal filtering. It can be used as an additional filter in a trading system. The indicator does not redraw its data and can be used both in forex trading and with binary options. It has 3 operation modes and flexible sensitivity settings. The indicator uses multiple buffers, therefore it can be easily used in various Expert Advisors.
A new development created to facilitate trading . The indicator can be configured both for trend and counter-trend trading. The Acc PriceBalance helps to find new entry points or filter out the existing signals. Multiple signal types can be observed on the indicator the histogram exceeding the signal lines the signal lines exceeding the histogram change in the histogram color If the top of the histogram is pink, then there is a bullish trend in the market If the bottom of the histogram is pink
Trade with Gann on your side!! MASTER CIRCLE 360° CIRCLE CHART, originally created by Gann admitted that this is “The Mother of all charts”. It is one of the last studies that this great trader left for us. The numeric tab le is apparently quite simple like all the tables and is based on square numbers, the SQUARE OF 12 and is by evolution, one of the most important square numbers. Here we can find CYCLE, PRICE AND TIME thanks to angles and grades, to show past and future support and resistance.
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
Value Charts (Helweg and Stendahl, 2002) is an innovative charting technique that displays price in terms of value instead of cost even when price volatility changes over time. It shows you when a particular market is at an extreme level and is likely to reverse. How to interpret The Value Chart indicator defines market valuation by plotting price in one of five primary valuation zones, which include: Significantly Overvalued Moderately Overvalued Fair Value Moderately Undervalued Significantly
A classic among classics: crossing of two moving averages with all kinds of alerts. Features Crossing of 2 Moving Averages (MAs) at closing of the last bar; Both MAs can be set for any of the following averaging methods: Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA), Linear-weighted Moving Average (LWMA); Both MAs can be also set for any averaging period and for any of the following prices: Close, Open, High, Low, Median, Typical or Weighted; Any
This is a simple and robust indicator, which can be used with any trend indicator. When properly adjusted, the indicator shows the high-probability beginning of price reversal. Now you can spend less time searching for the right signal to open a position. Many traders have evaluated Acc Good Scapel . This is a useful tool for trading forex, stocks and options . Some Features of Acc Good Scapel Non-redrawing after candlestick closure. Displays clear signals as arrows on a chart. It is advisable
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge
The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full" ve
The indicator displays renko bars on a chart, uses them to plot the fast and slow moving average and Stochastic, as well as it provides buy/sell signals: a buy signal is generated when the fast moving is above the slow one, and the signal line of Stochastic crosses the lower level from bottom up; a sell signal is generated when the fast moving is below the slow one, and the signal line of Stochastic crosses the upper level from top to bottom; Renko is a non-trivial price display method. Instead
The trading statistics indicator notifies the trader of the aggregate income of the trading account for different time intervals. The indicator has wide display settings on the graph. There is a choice of one of the two display languages on the chart- English and Russian. Settings Indicator language (ENG, RUS) - Select the language to display on the chart; To control the magic (-1: any magic) - Entering the Magic for control (-1: any Magic); Angle of indicator tie - Selecting the angle of the
Candle status indicator The indicator shows the direction of the last closed candle for all time frames. Helps to see the overall market trend; Useful when trading binary options; Interface minimization function; The closing price is lower than the opening price: the status red ; The closing price is higher than the opening price: the status green ; The closing price is equal to the opening price: status blue ;
The indicator shows the readings of the MACD on all timeframes. In the settings You can set the timeframes that should be taken into account to receive a buy or sell signal. The indicator will be a great help for traders who trade on trend and use scalping on low timeframes. EA settings Period of fast average - period of fast average; Period of slow average - slow average period; Period signal line - period of the signal line; Price - price type; Filtr - filter the signal (with a bar of the s
The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
Linear Regression Alligator is an indicator that uses linear regressions, and not moving averages, unlike the classic Alligator by Bill Williams. Linear regressions describe the price changes more accurately and have less delay compared to moving averages. The indicator calculates three linear regressions with different periods and shifts and displays them on the chart. The indicator lines are named by analogy with the prototype: Lips - fast line with the least period, Teeth - middle line, Jaws
This is not Th3Eng PipFinite indicator It is Th3Eng PipFinite PRO ==> based on another logic and algorithms (Th3Eng PipFinite Original is here ) Attention: New update arrived for Th3Eng PipFinite PRO EA. So please contact us to get the new one The Th3Eng PipFinite Pro indicator is based on an analysis of the right trend direction with perfect custom algorithms. It show the true direction and the best point to start trading. With Stop Loss point and Three Take Profit points. Also it show the r
The Funicular is a functional indicator knowing all the rules of the market and performing constructions more accurate and faster than any professional analyst. The Funicular helps you see the exact points of the "entrance", and it draws trends with great accuracy determinig their strength and fluctuation time. The main difference from the others is that it builds lines that are independent of timeframe allowing you to perceive the chart as a whole. Simply put, you need The Funicular, because i
This non-repainting indicator displays harmonic patterns with minimal lag. The indicator applies enhanced wave calculation allowing you to select parameters fitting your trading style. When a new figure is formed, the most probable price movement direction is displayed as a non-repainting arrow at a candle (bar) opening. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vi
Fourteen plus nine What is it for? Applying Tom DeMark’s TD Sequential serves the purpose of identifying a price point where an uptrend or a downtrend exhausts itself and reverses. . What are the main components of TD Sequential? TD Sequential has two parts – TD Setup and TD Countdown. The first phase of TD Sequential starts with a TD Setup and is completed with a 9 count. When the 9 count is completed, it is at that point, a price pause, price pullback, or reversal is likely. It is also at tha
The trend is your friend! This is what this indicator is all about. Follow this famous saying and be safe. Characteristics: Buy/Sell signals fixed on the close of a bar. Works on all symbols and all timeframes. Clear visual market trend laser line, Buy/Sell signal arrows, market strength meter, TP1 & TP2 boxes. Visual signals when to enter, when to exit the market. No repainting. Compatible with Flexible EA for trading automation. (Ask for a free set file optimized to perform 2010-2018) Para
Auto RSI automatically defines the most efficient period, during which the accuracy of the signals on a given chart is at its highest. Period efficiency and signal accuracy values are displayed in the upper left corner of a price chart. Depending on a symbol and time period, the accuracy of the indicator signals can reach 90%. The indicator period is calculated using overbought/oversold levels set in the inputs. After the most efficient period is found for RSI, the indicator itself is constructe
The TakeProfit_levels_x2 indicator displays the potential take profit levels/targets for intraday trading in real time. The optimal timeframe is М5-Н1. Operation principle During 95% of trading days the price has a certain movement range. It largely depends on the current situation on the market, volatility and the symbol. But the average movement range of the is limited. The indicator calculates the 5 potential points for setting Take Profit based on ATR and its own algorithm. On the basis of
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It