Elliott Waves NM is a powerful tool for determining the Elliott waves using the method described in book "Mastering Elliott Wave" by Glenn Neely.
Selecting a certain wave (clicking its end with the left mouse button) fills the table with data. The selected wave is m1 (the analyzed wave). Green lines are waves m-4, m-3, m-2, m-1, m0, m2, m3, m4, m5, m6 (the waves surrounding the m1 wave). Data in the table are the ratios of lengths of the corresponding waves as a percentage. Structure labels...
The calculation basis of the Linear Regression Oscillator (LRO) indicator values includes the difference between the final and initial points of the linear regression.
The indicator is drawn in a separate window in the form of a histogram with the additional signal line.
It has one parameter:
Per - the number of bars (candles) used in calculation of the indicator value. You can use the LRO indicator as an oscillator and open transactions under the following conditions:
When...
The calculation basis of the Linear Regression Oscillator (LRO) indicator values includes the difference between the final and initial points of the linear regression.
The indicator is drawn in a separate window in the form of a histogram.
It has one parameter:
Per - the number of bars (candles) used in calculation of the indicator value. You can use the LRO indicator as an oscillator and open transactions under the following conditions:
When the histogram color changes....
UpDown technical indicator looks for potential market entry points.
It has two main lines (Up and Down), as well as an additional one (Balance).
The main market entry signal is activated when Up and Down lines are crossed.
Up line exceeding Down is a buy signal.
Up line falling below Down is a sell signal.
The Additional Balance line is used to define your position type.
If the Balance line is above zero, then you most probably trade in trend direction. The same is true for a short...
The Simple Waves is a simple indicator that looks for market Highs and Lows.
The average price of the candle (High+Low)/2) is used to calculate the indicator values.
If the average price is greater than the previous, the High of the candle is used as the indicator value.
If the average price is less than the previous, the Low of the candle is used as the indicator value.
The indicator does not redraw and has no configurable parameters.
The Moving Linear Regression (MLR) is an indicator that displays the calculated linear regression value on each bar (candle). The indicator is drawn on the chart as a curve.
There are two parameters:
Per - the number of bars (candles) used in calculation of the linear regression value; Shift - shift relative to the current chart. You can use the MLR indicator as an alternative to the "lagging" Moving Average.
The most effective is the use of the indicator for the "Intersection -...