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Trend On Close

TrendOnClose is a sophisticated indicator designed for Binary market investors, focusing on statistical analysis of trends and counter-trends within specific candle cycles.

Each cycle is defined by the candle CLOSE price, establishing the trend direction (UP/DOWN - BULL/BEAR) for subsequent statistical analysis until the start of the next cycle. The statistical analysis operates with two configurations:

⦁ Statistical Goal as SUBSEQUENT CANDLE: The algorithm focuses on the subsequent candle within the cycle.

⦁ Statistical Goal as INTERCYCLES: The algorithm considers all candles between each cycle.

Based on the selected Statistical Goal, each candle's trend is compared to the trend of the CYCLE candle, resulting in an increase in TREND-Percent (TD) and Trend-Occurrences (N-TD) for identical directions, or in COUNTER-TREND (CT and N-CT) for diverging trends. Additionally, the indicator provides a statistical sum for Daily, Weekly, or Monthly periods, revealing the number of candles following the "trend" or "counter-trend" of each CYCLE during these periods. At the end of each predefined period, statistics reset for the subsequent cycle.

Features

⦁ No-Repaint Statistical Info: Optimize the analysis of trends and counter-trends in specific cycles/times, evaluating the probability of repetitions (and divergences) based on the CANDLE SUBSEQUENT TO THE CYCLE or INTERCYCLES CANDLES.

⦁ Intuitive: Displays the count and percentage of trends/counter-trends in both text and graphic modes. Additionally, it shows CYCLE lines and TREND/COUNTER-TREND lines that can be fully configured and even suppressed.

⦁ Easily and quickly configure START/END TIME, CYCLES, GOAL, and PERIODS. The START/END times work in a smart mode, adapting to the selected TIMEFRAME in case of incompatibility (e.g., even hours in odd TIMEFRAMES like M3, M15, etc).

⦁ A PANEL for quick access to statistical information in text mode. The panel can be minimized or moved to any of the four quadrants of the main CHART, with many layout options.

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HAshi-E is an enhanced way to analyze Heiken-Ashi signals. Briefing: Heiken-Ashi is particularly valued for its ability to filter out short-term volatility, making it a preferred tool for identifying and following trends, helps in decision-making regarding entry and exit points, and assists in distinguishing between false signals and genuine trend reversals. Unlike traditional candlestick charts, Heiken-Ashi candles are calculated using average values of previous bars, creating a smoother,
Designed by Welles Wilder for daily commodity charts, the ADXW is now used in various markets by technical traders to assess the strength of a trend or even a trend for short- or long-term trades. The ADXW uses a positive (DI+) and negative (DI-) directional indicator in addition to its trend line (ADX). According to Wilder, a trend has strength when the ADX signal is above 25; the trend is weak (or the price has no trend) when the ADX is below 20. The absence of a trend does not mean that
On-Balance Volume (OBV) is a technical indicator that relates volume and price to identify price movements. The basic idea behind OBV is that changes in volume generally precede price changes. The indicator accumulates volumes for periods when the price closes higher and subtracts volumes for periods when the price closes lower. This results in a value used to identify the direction of the asset's trend. The interpretation of the OBV is simple: a rising OBV suggests that buyers are willing to
In the realm of technical analysis, ParbMA emerges as a highly intuitive tool for examining the Parabolic SAR trend . This innovative approach leverages a customizable line, distinguished by its versatility in color, shape, and width options. Such flexibility enhances visual analysis and significantly aids in strategizing and decision-making. The ParbMA (Parabolic Moving Average) is a custom technical indicator that combines the concepts of J. Welles Wilder's Parabolic SAR (Stop and Reverse)
Slow AMA
David Ben Svaiter
Compared to simple or exponential moving averages, slow adaptive trend lines might offer a more nuanced view of the trend by adjusting their sensitivity based on market conditions. However, their slow nature might also mean they are late in signaling reversals when market conditions change rapidly - and that is the difference between them and our SlowAMA . SlowAMA was designed to be a better long-term trend indicator than EMA and other Moving Averages. It uses our JurMA calculations, reducing
HAshi-E is an enhanced way to analyze Heiken-Ashi signals. Briefing: Heiken-Ashi is particularly valued for its ability to filter out short-term volatility, making it a preferred tool for identifying and following trends, helps in decision-making regarding entry and exit points, and assists in distinguishing between false signals and genuine trend reversals. Unlike traditional candlestick charts, Heiken-Ashi candles are calculated using average values of previous bars, creating a smoother,
How many times have you looked for a PIVOT that works on a specific timeframe every day? Many traders like to estimate the direction of the day's trend based on a specific time interval every day, such as from 2 hours before the NYSE opens to 1 hour after, or from the NYSE opens to 30 minutes after. This indicator allows you to specify a certain time interval (hour and minute) and plots a pivot from that interval to the next day in the same time interval. It shows five lines based on this:
VIDYA Enhanced
David Ben Svaiter
The VIDYA-ENHANCED indicator (Variable Index Dynamic Average) is a technical analysis tool used to identify trends and sideways movements. It dynamically adjusts its sensitivity based on market volatility, using the Chande Momentum Oscillator as a volatility index. This feature allows VIDYA-ENHANCED to be more agile during periods of significant price movements, while remaining more stable during less volatile phases.  Features: - Select the price from 12 options - 5 more than the Metatra
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Version 3.92 2024.02.16
- minor bugs fix.
Version 3.91 2024.02.16
- Addition of new "minimize" and "restore" buttons to the text panel.
- The text information now appears in the same order, regardless of which corner the panel is placed in.
- The text panel now works with the TIMER event, reducing the CPU load related to it.
- Improved DPI handling for 4K and 8K monitors.
- Fixed an intermittent problem with the numeric values on candle 0.
- Fixed the EMPTY_VALUE display on the dashboard.
Version 3.9 2024.02.15
- Added new "minimize" and "restore" buttons to the text dashboard.
- Text information now appears in the same order, regardless of the corner where the dashboard will be placed.
- Text dashboard now works with the TIMER event, reducing the CPU load related to it.
- Enhanced the DPI handling for 4K and 8K monitors.
- Fixed an intermittent problem with the numerical values on candle 0.
Version 3.4 2024.01.24
- Performance optimized in 10%.