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The indicator is an interpretation of the Average Directional Movement Index (ADX) allowing you to determine if there is a price trend. It was developed by Welles Wilder and described in his book "New concepts in technical trading systems". The indicator determines entry points and uses crossing of ADX +/- lines and growth or fall of the main ADX line. When the indicator crosses the zero line, the trend is changed. If the oscillator's value is 1 - the price grows, the trend remains; If the oscil
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This indicator displays DSS Bressert AM signals on the price chart. The calculation of DSS Bressert values is similar to the stochastic indicator. The confirmation of the indicator's signal is the overcoming by the price of the high/low of the bar on which the signal was given by the indicator. Settings: Price - the price at which the indicator is calculated; EMA_Period - smoothing period; Stoch_Period - oscillator period;
OB_Level - overbought level; OS_Level - oversold level;
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The indicator marks control points on the price chart, overcoming which by the price is a signal to open a deal. At the points marked by the indicator, the maximum or minimum price values go beyond the price channel built on the basis of price values for a longer period. After overcoming such points, the price is likely to continue moving in the same direction. The indicator does not redraw and, despite its simplicity, can be quite an effective trading tool.
Adjustable parameters: i_Period
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This indicator combines the best features of a trend indicator and an oscillator. Effective trend detection and short-term price fluctuations.
Operating principle: The indicator analyzes price direction using one of many standard oscillators. If the oscillator indicates a change in the direction of price movement, the indicator signals this by placing a small arrow on the chart opposite the bar on which the oscillator gave the corresponding signal. At the same time, the main signal of the indi
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Double Smoothed Stochastics – DSS Bressert is an oscillator introduced by William Blau and Walter Bressert. The calculation of DSS Bressert values is similar to the stochastic indicator. The confirmation of the indicator's signal is the overcoming by the price of the high/low of the bar on which the signal was given by the indicator.
Settings: Price - the price at which the indicator is calculated; EMA_Period - smoothing period; Stoch_Period - oscillator period;
OB_Level - overbought level;
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This indicator displays in the form of an oscillator the difference between the maximum/minimum prices for the current period of time and the maximum/minimum price for a longer period. An increase in indicator values above zero indicates that the maximum price for the current period is greater than the maximum price for the period selected as an indicator parameter. This situation in most cases indicates an increase in the value of the asset. A drop in indicator values below zero indicates t
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The indicator improves the idea implemented in the standard Bulls and Bears indicator. The indicator colors candles by analyzing the divergence of the maximum and minimum prices of the current bar with the average value of the maximum and minimum prices over a longer period of time. The indicator does not re-paint on fully formed bars. The indicator is easy to set and efficient on trendy market segments.
Adjustable parameters: i_Period - smoothing period for forming the channel; i_Method - smo
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This indicator displays DSS Bressert AM signals on the price chart. The calculation of DSS Bressert values is similar to the stochastic indicator. The confirmation of the indicator's signal is the overcoming by the price of the high/low of the bar on which the signal was given by the indicator. Settings: Price - the price at which the indicator is calculated; EMA_Period - smoothing period; Stoch_Period - oscillator period;
OB_Level - overbought level; OS_Level - oversold level;
Show_Move -
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The presented indicator with high efficiency gives signals about the moments of a significant change in the direction of price movement. The indicator is intuitive and easy to use. The indicator signal is generated after the completion of the bar, where the indicator changes its position relative to zero. Never repaints signal. The indicator signals must be confirmed by the price exceeding the High/Low of the bar, where the indicator changed its position relative to zero. The indicator allows to
The indicator improves the idea implemented in the standard Bulls and Bears indicator. This indicator displays the difference between the High and Low for the current period of time and the values of the channel constructed at the maximum and minimum prices for a longer period. The growth of the indicator values above zero indicates that the High for the current period is greater than the average of the maximum prices for the period chosen as the indicator parameter. This situation in most c
The indicator analyzes the direction of the short- and long-term trend over the given periods taking into account market volatility. This approach allows combining high sensitivity of the indicator with a high probability of its signals.
The indicator use principle is very simple: indicator histogram above 0 is a buy signal; indicator histogram below 0 is a sell signal; The indicator is not redrawn on completed bars. This indicator is designed for trading pending orders. Thus, the confirmation