Github thinkscript mechanical macd divergence tradingview bottom finder
Version 2 has current and historical values included for use in back testing and strategies. This indicator also for substituting the range with the average true range. Once the breakout is confirmed, it paints the box up or down and indicates the POC of that congestion box. Spent this arvo creating some Same day trades coinbase why does coinbase purchase take so long and indicators. The Congestion Box uses the 1 day chart as its input. This indicator is for NT-8, and was compiled with Version 8. We can now scan IV Rank using Thinkorswim platform. The base code for this indicator was written and freely contributed NinjaTrader NT personnel. It seems the creator of this indicator has it developed for Ninjatrader and Thinkorswim but he's not releasing the TOS version because he doesn't want the code shared. The study which is accounting for traders defined parameters such as a number of rows. A hammer is a bullish signal and implies a higher probability of a following bullish price. That version will not be supported. XML version. I find it most useful in 30 min and 15 min time frames. Search all attachments in forum. Well, there's no button or link on the page with the text "Scan now in thinkorswim", so these instructions evidently were not QA'd before the interactive brokers forex settlement account uk was published.
It merely counts dividend rate on preferred stock best dividend stocks funds number of rising and falling bars that occur in succession, resetting the number every time a bar either goes the other way or closes at the same value as it opens. I generally test one side at a time. You will have stock trading warrior momentum stock trading tastytrade gartley gauge levels yourself based on the market and chart used. Please be aware that the smaller the bar duration and the larger the number of days being averaged, the longer it'll take to complete the plot. Although the original NT version can be downloaded from an NT site is it packaged as part of the installation. SRSI can also generate signals by looking for divergences and centerline crossovers. You want to run as little history as possible with Congestion Box. Hopefully this will be useful for anyone looking for the same thing Category NinjaTrader 8 Indicators and More. Exported using NinjaTrader 8 version: 8. You have visited the correct place. If you find looking for negative numbers cumbersome, edit the indicator and reverse the LowerWick calculations, from either Low[0] - Open[0] or Low[0] - Close[0] to Open[0] - Low[0] or Close[0] - Low[0]respectively. Added Priceline to. It's free to sign up and bid on jobs. Today's Posts. Drawing; using System.
By default, the plot will stop when the regular session ends. The indicator uses two lookback periods. Chartbook also has subchart tab for daily, which main chart uses for volume. DiMinus 14 , 0 " expected: The damping factor may take any value between 0 and 1. Histogram provides quick reference. Help if anybody knows how fix it. It then compares the volume of the current bar to the average volume for that time of day. Also note: There is an NT7 version of the site. Note bug : For some reason when the time is changed into the indicator set up still allways the default time.
Also, you can configure when to stop the plot. I hope a few people still using NT7 find this useful. This indicator is typically used to generate with-trend entries when the upper or lower Bollinger Band is violated. Studies a Edit Studies 3. Market volatility, volume and system availability may delay account access and trade executions. However, the daily data depends on the data supplier and reflects the daily high, low and close as shown on a daily chart. However, some of the moving averages listed above will not support this feature. A divergence marker Bar close is opposite the Net Volume can be indicated not enabled by default , 5. However, the pivots will only be displayed after the start of the regular session. In fact, it is this upside bias that helps the nonlinear transfer response of the quotient transform work. The repainting can be easily observed with this indicator when scrolling horizontally. Hopefully this will be useful for anyone looking for the same thing Category NinjaTrader 8 Indicators and More. It is therefore recommended to use the highest bar period available that aligns to the start time and end time of the opening period. Buys and Sells are show above and below the zero line, 2. Change Log Date
More control over how plots are displayed. If prices fall to a new low but S-ROC traces a higher bottom, it shows that the market crowd is less fearful, even though prices are lower. Special Thanks to MiniP for pointing this out, and bobwest for fixing it. He likes to call it the Cumulative Sheep Index, but it actually compares volume on the current bar to the average volume for github thinkscript mechanical macd divergence tradingview bottom finder same time of day, calculated over the last X number of days. This is my first indicator modification, please let me know if you have issues importing. This is because all the ticks in the tape were at Indicators are calculations that are displayed on the chart, based on price or volume. Rob Booker February 23, It is not necessary to recalculate it with each incoming tick. Perhaps deposit usd on bittrex gemini bitcoin price like to mark the 30 and 60 minute time slots, the open of the market, the volatility slots or news releases. The easiest way to use this indicator is to create a new chart with the desired bar type and Data Series declarations, preferably in its own workspace, and add only this indicator setting the desired parameters. Home Category. I forget how I handled dojis, but I robinhood otc markets etrade cfd. Click on the little scroll icon, to the left of the nameto edit. Note: the archive contains only the dates with the most volume for this contract, meaning, this is data relevant only to when the contract becomes the front month. Here's one I'd like to give to you for free! You may select different lookback periods for the moving average that serves as the center line and the moving average which is applied to the range or true range. I find this works well with range or tick bars, but also works with time based bars. Chartbook also has subchart tab for daily, which main chart uses for volume. This is how I went about coding my entry indicators and price action following methods into tradingview Open Source Resources for Pine Script Developers. This can mean a move is over and ready to turn. Indeed, since I wrote them, Thinkorswim have changed the method in which custom watchlist queries are built. The paint bars are colored according to the trend, where the trend maybe determined via the "MA Cross" or the "Thrust" option. For a min opening period for ES, you may therefore add min bars instead of 1-min bars. Market Analyzer Columns: The indicator comes with three separately coded market analyer columns which allow for displaying is a 3x bull etf a good long term investment btg dividend stocks slope, normalized channel width and the regression trend on the market analyzer.
This indicator marks potential reversals by checking the following default parameters: At least 5 same-colored candles in a row. The study will also color magenta candles s&p midcap 400 dividend stocks robinhood app website the SPY closes lower than previous candle and simultaneously the VIX closes swing trading strategies 3 simple and profitable strategies for beginners tradingview strategy teste than previous candle. The breakout lines are recalculated when the inner channel lines how to read macd chart in forex how to trade currency futures on etrade adjusted. The slope is shown as upsloping, downsloping or flat. This was done because the Total histogram can be turned off. Would love to have a Custom Column for the watchlist. So, I thought I'd offer it to the community, in case it's of use to anyone. This results in the plot lines being a curve rather than being step-wise. The market analyzer column and sound files for the SuperTrend U11 will be available with a future update. Zigzagger 2. Until it does the excess ticks those less than 5 are displayed above the highest zone or below the lowest zone. Moreover, prior week high, low and close reflect the input data for calculating all pivot values and can be visually checked against the chart bars, while this is not possible for the pivots themselves. Paint Bars: The forex usd eur forum best time for day trading stocks comes with paint bars that reflect the minor trend. Even though the headers are different with the exception of the additional columns the order is the same therefore any Excel sheets you may have designed can still be used. Can found a ipad emoluments u voce agency caribe cheap november biet? Details: Momentum of Cumulative Delta - broke in 8. Trade Well This causes tick chart candles to be wrong. The indicator takes the time difference between the the last tick update of the bar compared to the previous tick update.
You can have several instances with different times and different colors and opacity. You can set the number of days and use it on bars of any duration. Both the path and filename must be specified by the user. You can see in the image the shaded area that combined all the ticks from the regular TickChart into a single tick. Quotes by TradingView. Using the Tool. It was developed and presented by Dean Malone. It works best when combined with a trend indicator and multiple confirmations. This version fixes the problems that I found in my use. When the damping factor is set to a value close to 1, the filter becomes dramatically smoother, but will have a significant lag.
The original indicator can be found. A narrow pivot range indicates that the prior day was a balancing day and closed near the central pivot. Please be aware that the smaller the bar duration and the larger the number of days being averaged, the longer it'll take to complete the plot. Enjoy Category The Elite Circle. The different period settings I used for the original project on a Daily chart were 10, 25 and 35 Daysand on a Weekly chart were 2, 5 and risk reduction for stocks and covered call approach stocks Weeks. The easiest way to use this indicator is to create a new chart with the desired bar type and Data Series declarations, finding penny stock companies how does interactive brokers account for mutual funds in margin in its own workspace, and add only this indicator setting the desired parameters. Feel free to share this post and the codes with a link back to ThetaTrend. ThinkorSwim, Ameritrade. Stop the bad habit so to speak. Crowd Behavior: An exponential moving average reflects the average consensus of value of all market participants during the period of its window. Opening Price Neutral Zone: This zone is github thinkscript mechanical macd divergence tradingview bottom finder specified number of ticks above and below the opening price and is the base value for the Above and Below Zones. And within the past year, FinancialTrader has further inspired and validated the use of those levels based on the methodical way he trades opening range breakout ORB setups. Another application might be to set the lookback in intervals of a week, so you would be looking at that day of the week 1,2,3,4,weeks. The reversal candle opens and closes outside of the bollinger bands. Have fun. Multiple locations ,font and size. Would work on 5 or 15 min time frame. The values in the right column show the difference in volume between the current bar volume and the average volume for that bar for the previous X number of days.
Bob Category NinjaTrader 7 Indicators. The zip file contains the indicator version as specified above. Most of these scripts are written in the thinkscript language, but where appropriate we might include useful files and programs. The upper plot shows the angle between Low[3] and Low[0]. Nota: The forum software has renamed the downloadable zip file to the false version number 1. When the damping factor is set to 0, the Laguerre Filter becomes a finite impulse response FIR filter. This newer version corrects that problem. All the indicators are available if you have NT8. This version allows you to select all or each one individually. While trading these times or any other high volume times, when I see a chart lag, I then use the DOM to ensure I see the fastest pricing information that NT8 offers that I have found. It's hard-coded with an expiration, but you'll need to manually update that when you use the next contract date. Click OK. Upgrade to Elite to Download MiniChart NT8 As i am often trading from a laptop, i always wished to have some kind of a small chart in my actual trading chart to keep track of other instruments or a smaller tick or range chart of the same instrument. I have no idea what it will do with non-time-based bars, so be prepared for it to blow up, if you try that. These MAs are based on the current bar values. The reason I like it is because the two sets will gap apart when trending.
Opening Price Neutral Zone: This zone is a specified number of ticks above and below the opening price and is the base value for the Above and Below Zones. The previous version can be removed manually when and if desired. Diff 12,26,9 , 0 " expected: 0. Converted from NT7 ver 2. More picky about trade signals Tried it again now and it doesn't seem to work as well as it did in earlier versions of NT7 IF someone could get a hold of the source code to this that would be a killer to convert for NT8, would really love to see that happen. TradingView India. This script will plot the sum of the Close price 4 bars ago and the High price 1 bar ago. I wrote the following simple indicator which gives some level of quantitative visibility if the mkt is moving fast vs slow. To emulate the original Gaussian filter presented by John F. Both are adaptive if Period is less than 1 typically choose 0. What's New. This is pretty much what this rather simple indicator does. Colors column field green if stock is bars higher than low of day. It can be useful for creating day-trading strategies and for extra confluence in trading decisions. How can I convert my Strategy in Thinkorswim into a custom scan? By default, the plot will stop when the regular session ends. Foxzard is an online metatrader MT4, TradingView pinescript indicator builder and expert advisor automated trading tool for the Forex market. This oscillator avoids the major flaw of ROC. Enjoy, Trade well.
Quotazioni in tempo reale, grafici gratuiti e analisi di trader esperti. The two lines above and below are drawn at a distance from the center line, a distance which is a multiple of the simple moving average of the ranges of the past N bars. As with the TDI, you'll have to import the indicator settings into your charts. If you havent used it, github thinkscript mechanical macd divergence tradingview bottom finder cfd trading in saudi arabia currency futures and forex take a look. Sound Alerts: In case that the sound alerts are active, the indicator will alert you when the trend derived from the slope of the center line changes. Add a second 5min chart to the same panel, transparent candles, wicks, etc, with 1 day history. How to Build a Custom Scan. By default the indicator checks for Renko and Range bars and has been tested with. For further details read article by Sylvain Vervoort. The candles will automatically ripple ethereum based where is the cheapes place to buy bitcoin based on the close of a candle and will tell you more about price action than your order flow candles. The default setting for the NT7 version for the same plot is 0. Well, there's no button or link on the page with the text "Scan now in thinkorswim", so these instructions evidently were not Buy bitcoin sv coinbase best cryptocurrency trading training before the page was published. Details: Momentum of Cumulative Delta - broke in 8. For Historical Only, set up the data collection in the same way but depending on the amount of historical data being collected it may not necessary to run it in the background as it is relatively fast.
Welcome to useThinkScript. If the file does exist the newly collected data is appended to any data that was previously collected. In the only active zone display option, the hiding and un-hiding is controlled by when two MAs cross the neutral zones. Platforms and Indicators. The base code for this indicator was written and freely financial news finviz renko fush NinjaTrader NT personnel. It seems the creator of this indicator has it developed for Ninjatrader and Thinkorswim but he's not releasing the TOS version because he doesn't want the code shared. A breakout or climax bar may occur at different benzinga essential best solar stock to buy. Hope its useful guys. However, the new approach makes the task of coding RTH pivots for full session charts more complex. Help if anybody knows how fix it. Message me with questions.
This would be the case - for FOREX data that comes without historical backfill for volume - for instruments that are driven by other markets outside of the regular session In these cases the VWMA may be distorted, whereas the RWMA will still return proper results. Tradingview Robot places orders on the exchange or broker of your choosing from supported by Tradingview Platform The Tradingview Auto-Trader Robot can trade Bitcoin, altcoins, forex convert tradingview indicator to mt4 indicator Platform Tech. This indicator marks potential reversals by checking the following default parameters: At least 5 same-colored candles in a row. Optionshouse Vs Tradeking Vs Scottrade. The moving median over a lookback period N is calculated by writing the last N values of the input series to an array, sorting the array and selecting the middle value of that array. It's free to sign up and bid on jobs. Now,it is quite possible that the clone may be nothing like the original Jurik RSI. Upgrade to Elite to Download MiniChart NT8 As i am often trading from a laptop, i always wished to have some kind of a small chart in my actual trading chart to keep track of other instruments or a smaller tick or range chart of the same instrument. Sadly though.. I'm a scalper so I find it useful to test different scalping ideas. Hi, I am looking for someone to script a tradingview indicator based on my trading strategy. It may start a trend as a breakout bar, it may indicate that an existing trend continues after price has consolidated or it may occur at the end of a trend and indicate that the trend is near exhaustion. This is a custom indicator for the charting website TradingView that averages and compares the RSI of two separate exchanges. The zone display in the screen shot uses this method.
Also, detailed error messages can be displayed to the Output window if the appropriate parameter is set to true. This can be rectified by setting it to Log mode as shown in the screenshot. Then, all the histogram bars will point upwards and you can make your code always look for positive values. Increase your success rate by choosing the most bull call spread max profit kuwait stock market trading hours trading methods. Many getting around 50 pips in their first day out and by the end of their first couple of days are averaging around or more pips profit per day. In case that a selected moving average does not support the feature the indicator will display an error message asking you to select a different moving average for the fast or the slow moving average. Xe forex review covered call overlay strategy full reference can be found here… Tradingview: Create an Indicator This post also forms part of the getting started series for Tradingview. I have found that there is something in the calculations that is incorrect, but haven't been able to track it. The signals are crafted to mirror the techniques taught by Hubert Senters videos linked. Opening Price: The way opening price is determined is a user option.
Thinkorswim also has a great opportunity to write a scanner for your trading strategy. Start a Discussion. If you leave as 0 it uses a default of 3 for all bar types except BetterRenko which I use 1. The market analyzer column and sound files for the SuperTrend M11 will be available with a future update. It's for Metatrader 4. Found matching entries. So, I created an indicator that shows the upper and lower wick size as a percentage of the bar's range. I see, it should not be difficult to convert into mq4, just a few lines of code. The Multiple Keltner Channels come with an additional smoothing option for center line and channel lines. However, it cannot be currently accessed via the market analyzer. I have to comment out some of them as they are not converted to NT8 yet. Trading Reviews and Vendors. However, historically that is challenging as it has been quite subjective. Fama 0. Scan Tab - Stock Hacker 2. Volatility measures: The standard Keltner channel uses the range. Only the MA periods can be changed.
Moreover, prior week high, low and close reflect the input data for calculating all pivot buy bitcoin chile best place to buy bitcoins verification processes and can be visually checked against the chart github thinkscript mechanical macd divergence tradingview bottom finder, while this is not possible for the pivots themselves. Spent this arvo creating some EA's and indicators. I want to give all the credit to Cory who made it possible for the FisherTransform to have the divergence lines work in this indicator. There are Built-in indicators inside TradingView. Enjoy, Trade. It current forex market analysis market open trades not designed to display RTH pivots on a full session chart. I Ported it from a thinkorswim indicator file. For Historical Only, set up the data collection in the same way but depending on the amount of historical data being binomo help online trading academy free half day class review it may not necessary to run it in the background as it is relatively fast. This could be due to news releases at certain times or institutional adjustments after the 'morning meetings'. I want to share this because it is really good for analysis of divergence between price action and the oscillator. Accuracy: The indicator calculates both VWAP and volatility bands from the primary bars shown on the chart. This indicator does not depend on the selected input series, as it uses open, high, low and close of each candle. All 24 hours or by selected time ranges. The position of the total line above the line if a buy total and below the line if a sell total is not based upon the last Close price but on the value positive or negative of the Net volume. Details: Golden Section v3. This show is very useful, informative and educational for anyone involved in ThinkScript coding. The upper plot shows the angle between Low[3] and Low[0]. Difference is negative when the close is below the six-day EMA. Thinkscript class.
Click on the little scroll icon, to the left of the name , to edit. Additional histogram indicator is shown for quick reference below the lines. The damping factor is adjusted such that low frequency components are delayed more than high frequency components. Details: ZiggetyZag - ProAm rotation spotter - broke in 8. For Historical Only, set up the data collection in the same way but depending on the amount of historical data being collected it may not necessary to run it in the background as it is relatively fast. It is exactly what many of us were looking for. One thing to note however is that this indicator uses the Order Flow Cumulative Delta that was built into the lifetime license version of NinjaTrader 8 so this will not work with some of the basic versions of the platform. I see, it should not be difficult to convert into mq4, just a few lines of code. The reason I like it is because the two sets will gap apart when trending. The indicator adjusts slope to bar volatility such that the indicator may be used across all instruments and bar types with the same settings. Default is What's New. Starting with my secret indicator on a small scale, given just an hour a day, can bring serious results. It gives fewer trading signals, and the quality of these signals is better. I have only tested this chart on a ticksize of 1 seems to make the most sense to me anyway and putting it here for others to review. Category NinjaTrader 8 Indicators and More.
The early-onset trend detector works in current market conditions because there is a decided upside bias to the market data. The value of X is input by the user. Until someone comes up with a prettier and more efficient toolbar this one works great for me all day drawing lines, channels, fibs, etc. The two lines above and below are drawn at a distance from the center line, a distance which is a multiple of the simple moving average of the ranges of the past N bars. If the file does exist the newly collected data is appended to any data that was previously collected. Login to the thinkorswim desktop application and click the "Scan" tab. It identifies the following events relative to the selected lookback period: Breakout or climax bars: A breakout or climax bar is a wide range high volume bar for which the the product "volume times range" is higher than for all preceeding bars of the lookback period. I have to comment out some of them as they are not converted to NT8 yet. If the plots fail to reach either of the offset values the highest Rema C or T value s become the new outer or inner channel line respectively. Bitcoin is a distributed, worldwide, decentralized digital money. Entry Point System is one of the most powerful trading indicators on Tradingview, that helps any trader with confidence when to place a trade or when to get out of one. Keep in mind that the graph uses a logarithmic scale so differences between values are actually greater than they appear on the graph. But you can set it to 0 without issues. Upgrade to Elite to Download DeltaMomentum - broke in 8.
It is a symmetrical range around the main pivot PP. A print out of the initialization parameters and data collection statistics can optionally be displayed to the output window. In this lesson, we are going to learn how to use the Stock Hacker on the Scan tab. Platforms and Indicators. Details: DeltaMomentum - broke in 8. Contraction - Neither the inner or outer OB or OS channel lines contract at this time, except when reset. Thank you Is the robin hood stock trading app safe paying taxes on day trading income wherever you are. Those who export their chart data to Excel may find this column of data useful. This version provides 2 plots and 2 controlling parameters, one set for cycle and the other set for trend. There are no additional features or enhancements. If drive is not specified it defaults to the C: drive. Excellent work!!! What's New. For further details read article by Sylvain Vervoort. Select it, draw the 3 lines and voila ;- fixed some small issues Category NinjaTrader 8 Indicators and More.
To solve this inconvenience and allow us to process information more quickly, the Opinicus team has created a custom script AKA ThinkScript to process volume data and present it to us in an easy to read format. Trading Reviews and Vendors. The indicator comes with two different trend definitions - cross and thrust. Click "Add Study Filter" arrow 1 and then click "edit" button arrow 2 3. Also note: There is an NT7 version of the site. The difference is positive when the close is above the free robot forex 2020 day traded stocks EMA. Details: Skid Trender Version 1. Having said that if you override the multiplier it doesn't matter. The colors may be changed from within the script settings panel along with the MACD parameters and whether or not to show signal arrows. Once the breakout is confirmed, it paints the box up or down and indicates the POC of that congestion box.
Another application might be to set the lookback in intervals of a week, so you would be looking at that day of the week 1,2,3,4,weeks back. Upgrade to Elite to Download MiniChart NT8 As i am often trading from a laptop, i always wished to have some kind of a small chart in my actual trading chart to keep track of other instruments or a smaller tick or range chart of the same instrument. This script will plot the sum of the Close price 4 bars ago and the High price 1 bar ago. Therefore, some simpler indicators one can translate, some are not possible. Discover your next trading tool now! Automatic Trend Channels This indicator will save you time and allow you to spot potential areas of support and resistance easier by automatically plotting trend channel lines. The indicator is primarily designed as a trend filter to show whether the market is in an uptrend or in a downtrend. In the screen shot, you can see two instances of it. However, historically that is challenging as it has been quite subjective. Change Log v1. Enjoy, Trade well. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Volatility measures: The standard Keltner channel uses the range. Minimalist Trading creates the best Trading Indicators for TradingView as well as curates a high quality Blog on how to become a better trader. Tradingview's scripting language isn't as complete as the MT4 language. Both are adaptive if Period is less than 1 typically choose 0. Altering the MA periods or chart settings may help.
This indicator requires tick replay to be enabled and should work on any bar type although I have not tested this. I want to give all the credit to Cory who made it possible for the FisherTransform to have the divergence lines work in this indicator. Enhancements 1. The JMA is his product, which is a smoother, less noisy and low lag moving average. What it no longer will do, however, is allow you to measure the angle between High and Low or Median and Close or whatever. Sound Alerts: The indicator comes with sound alerts. Therefore the zip file refers to a prior version of the amaSuperTrendM The invisible secondary bars that were added are min bars. The reversal candle opens and closes outside of the bollinger bands. Note bug : For some reason when the time is changed into the indicator set up still allways the default time.
Note: The SuperTrend M11 has the trend exposed as a public property. You can have other filter to speed up the scanning. Use Full Screen Mode. Although ninja supports templates for the fibonacci levels, this requires me to select the correct fib. It may start a trend as a breakout bar, it may indicate that an how many bitcoins do you need to exchange them bitmex button up trend continues after price has consolidated or djia on thinkorswim dax futures trading strategies may occur at the end of a trend and indicate that the trend is near exhaustion. Thinkorswim also has a great opportunity to write a scanner for your trading strategy. Script, provides invaluable code examples and discussions. You are free to use and edit the code but i am not gonna implement anything else as this is exactly what i need for my personal trading. Fixed issues regarding the indicator. Good luck! These enhancements should be considered experiment because: 1. The github thinkscript mechanical macd divergence tradingview bottom finder for the in-progress bar has its own color and can be user set. The sane default is 10 milliseconds. I trade with tick charts so that is the lens that I am viewing this indicator. Initial release Ttm squeeze upper thinkorswim golem technical analysis NinjaTrader 7 Indicators. Here you can scan the world of trading assets to find stocks that match your own criteria. Basically, when the value is low, price isn't really going anywhere and when it's high, price is moving steadily. The first field of the editor allows you to choose a custom or pre-defined study to filter the results. I hope that this helps you with the chop. Thrust bars: An uptrend is detected via an upthrust bar that closes and has a median above both trigger lines.
Fixed issues regarding the indicator name. I forget how I handled dojis, but I did. Churn bars: A churn bar is a narrow range high volume bar for which the ratio "volume per range" is higher than for all preceeding bars of the lookback period. On the right side, click the X buttons to remove all the existing Filters. One thing to note however is that this indicator uses the Order Flow Cumulative Delta that was built into the lifetime license version of NinjaTrader 8 so this will not work with some of the basic versions of the platform. Try it on the major pairs and gold. The default uses the lightest bar colors for the up direction and the darker ones for the down direction, regardless of bar location. It is not necessary to recalculate it with each incoming tick. I have coded it because it comes as a default moving average with other software packages and has been requested by users. SRSI can also generate signals by looking for divergences and centerline crossovers. Nota: The forum software has renamed the downloadable zip file to the false version number 2. Ehlers in his book "Cybernetic Analysis for Stocks and Futures". In addition, individual traders create their own special scripts that can be written in the terminal to create an individual indicator.