floating

RSI adaptive EMA – floating levels – indicator MetaTrader 5

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RSI adaptive EMA - floating levels - indicator for MetaTrader 5
Background : This indicator is an extended version of the RSI adaptive EMA indicator (originally published here : RSI adaptive EMA ) Extension added : In order to avoid some false signals (since the slope of the RSI adaptive EMA can change too many times in ranging market) this version is adding floating levels as … Read more

Kaufman ama – with floating levels – indicator MetaTrader 5

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Kaufman ama - with floating levels - indicator for MetaTrader 5
Background : Developed by Perry Kaufman, Kaufman’s Adaptive Moving Average (KAMA) is a moving average designed to account for market noise or volatility. KAMA will closely follow prices when the price swings are relatively small and the noise is low. KAMA will adjust when the price swings widen and follow prices from a greater distance. … Read more

Cuttlers RSI adaptive EMA with floating levels – indicator MetaTrader 5

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Cuttlers RSI adaptive EMA with floating levels - indicator for MetaTrader 5
Background : This indicator is an extended version of the Cuttlers’ RSI adaptive EMA indicator (originally published here : Cuttlers RSI adaptive EMA ) Extension added : In order to avoid some false signals (since the slope of the Cuttlers’ RSI adaptive EMA can change too many times in ranging market) this version is adding … Read more

RSX range expansion index – with floating levels – indicator MetaTrader 5

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RSX range expansion index - with floating levels - indicator for MetaTrader 5
Range Expansion Index (REI) definition : Range Expansion Index (REI) is an oscillator that measures price changing rate and signals about overbought/oversold areas, in case a price shows weakness or strength. It was developed by Thomas DeMark and described in his book “The New Science of Technical Analysis”. The indicator values change from -100 up … Read more

CCI T3 based with floating levels – indicator MetaTrader 5

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CCI T3 based with floating levels - indicator for MetaTrader 5
Basics : Usually CCI is calculated as using average (Simple Moving Average) and mean deviation. That produces the well known CCI that we all are using. Smoother results can be achieved in multiple ways. Prices can be smoothed prior to being used in calculation (average or deviation), and then the average and deviation can be … Read more

CCI JMA based with floating levels – indicator MetaTrader 5

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CCI JMA based with floating levels - indicator for MetaTrader 5
Basics : Usually CCI is calculated as using average (Simple Moving Average) and mean deviation. This version : In this version, average is replaced with well known JMA (Jurik Moving Average) instead for the smoothing phase and the deviation is replaced with EMA deviation. The result in this one is responsive and fast (as expected) … Read more

Spearman rank correlation – floating levels – indicator MetaTrader 5

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Spearman rank correlation - floating levels - indicator for MetaTrader 5
Usually when Spearman rank is used, it is coupled with some fixed levels that, once when crossed, should indicate high “strength” of correlation (positive or negative, does not matter). This version is a Spearman rank correlation with an addition of floating levels to be used instead of using fixed level as a measure of high … Read more

Stochastic extended – floating levels – indicator MetaTrader 5

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Stochastic extended - floating levels - indicator for MetaTrader 5
Theory : The built in stochastic allows the usage of only two price combinations. The “extended” version already included all the rest of the prices. This version is further extending the indicator : it is adding “floating levels”. This version : Instead of using some fixed levels as a criteria for over-bought and oversold, now … Read more

CCI of average – floating levels – indicator MetaTrader 5

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CCI of average - floating levels - indicator for MetaTrader 5
Theory : The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. CCI measures a security’s variation from the statistical mean.The CCI is calculated as the difference between the typical price of a commodity and its simple moving average, divided by the mean absolute deviation of the typical price. The … Read more