Indicator Purpose: To give the Moving Avg. of the Volume for the specified period Inputs: VolMAperiod – Volume bars used to calculate Volume Moving Avg Thickness – Line thickness LineColor – Line color User Notes: Many like to use volume in combination with [ Read More ]
Archive for the ‘Custom Indicators’ Category
Indicator Purpose: To show the (“Golden” and “Death”) crosses of the Fast and Slow Moving Averages. To also show “reentry” or additional entry points where the price bars “completely” cross the fast or slow moving average Inputs: FastPeriod – Number of bars for Fast [ Read More ]
Indicator Purpose: Displays a Trend line to graphically show the price trend over the specified number of bars (TrendBars) and excluding the most recent specified number of bars (NonTrendBars). Generates an alert when the recent “nontrended” bars break the trend line. Generates another [ Read More ]