this indicator is based of the ribbon trader moving averages.
Trading it is simple.. when all four blocks are green its a BUY... when all four blocks are red its a SHORT
exit when they are not at all fours blocks
This indicator also keep you out of chop
June 9th, 2015
Size: 3.87 KB
Downloaded: 2137 times
1637
Qu4ntD3fy
This is a variation of Gordos "Better Line Break".
The difference: the "Real Line Break" uses the close of the last bar as open. This gives a more realistic chart and backtesting results.
Install via "Import Ninja Script".
(The code uses "Custom6" as ID. Change the value, if you already have an bar type with this number.)
Version 1.
May 10th, 2015
Size: 4.79 KB
Downloaded: 971 times
1636
soren
Interquartile Range is another robust statistical measure of variability most similar to MAD. It is calculated as a difference between Lower and Upper Quartile. Study first to decide which measure is more suitable for your needs/data.
On the screenshot:
yellow: StdDev,
green: g3InterquartileRange
Average (Mean) Absolute Deviation (AAD) is another statistical measure of variability similar to Standard Deviation or MAD. The main difference from StdDev is weight of the outliers (since there is no squaring in AAD). Study first to decide which measure is more suitable for your needs/data
April 30th, 2015
Size: 2.14 KB
Downloaded: 119 times
1634
gregid
Median Absolute Deviation (MAD) is a statistical measure of volatility similar to Standard Deviation. It is considered more resilient to outliers in a data set then StdDev. In the MAD, the deviations of a small number of outliers are irrelevant.
April 27th, 2015
Size: 2.49 KB
Downloaded: 101 times
1633
gregid
Simple alternative to Median or Typical Input to your indicator. Hat tip to Fat Tails for the idea.
It takes 6 data points (high, low, open, close, mean and mean body) to arrive at the average. Useful for smoothing out the data.
On the screenshot: green is using Close for an input, yellow is using SixPointsInput.
April 22nd, 2015
Size: 3.82 KB
Downloaded: 198 times
1630
gregid
You can set up this simple indicator to give you information like:
How many bars are currently visible on the chart
What is the time span of the visible chart
What is the time range of the visible chart
This is especially usefull if you zoom in and out on the chart and would like to quickly know on what time frame are you basing your observations/decisions.
It updates the information every time you scroll or zoom in and out
September 15th, 2015 02:35 PM lavender thank you - awesome tool for scalpers!
September 4th, 2015 03:25 PM Japhro Works nicely, but it looks like the last price line colour or width doesn't change when you change it in style settings.