Ultimate Oscillator

https://youtu.be/_x2BCgIkrTo Ultimate Oscillator = 100 x [(4 x Cycle1) + (2 x Cycle2) + Cycle3] / (4 + 2 + 1) Calculation If: · Cycle 1=7 · Cycle 2=14 · Cycle 3=28 Then: Ultimate Oscillator = 100 x [(4 x Average7) + (2 x Average14) + Average28] / (4 + 2 + 1) Overbought and […]

Typical Price

https://youtu.be/ERom_ZIixDk Typical Price is an approximate arithmetic average. Some people call this a Pivot point How to calculate: High: H Low: L Some people use this Open: O TP= (H+L+O+C)/4 Close: C The formula is as below: TP= (H+L+C)/3 Strategy: Combine this with a moving average. Signal: Every time TP crosses above MA it gives […]

True range

The true range is different from the price range. To calculate the price range, we only need to find the distance between high and low during a specific time. But to calculate True range we should find the biggest distance between high(H), Low(L) and Previous close (Pc). Previous bar’s close (C.1) Current bar’s high (H) […]

TRIX INDICATOR

Triple Exponential Average (TRIX) · TRIX is an Oscillator: Oscillates around zero o Overbought if it is above zero – I do not like this definition! o Oversold when it is below zero – I do not like this definition! · When TRIX is used as a momentum indicator o Positive value means the momentum […]

Time Series Forecast INDICATOR

https://youtu.be/R2Facmr1CZQ The Time Series Forecast tries to calculate a best-fit line over a specified time period using Linear Regression. This line is then plotted forward for a user-defined time period. I use this in an identical way as I use 2 moving average indicators.So the same setups will be used here. You can watch the […]