Top Bottom

This indicator is a two line cross indicator. It searches for a specific occurrence where the current high price is larger than the last high price and is also larger than the high price a specified number of periods in the past. The same goes for the low. It looks similar to the Aroon indicator but doesn't work the same way. They may be both used in conjunction. Buy and Sell signal are given by the crossing of the Longsignal and ShortSignal Lines. With this indicator you will be able to colorize canbdles according to the trend. You may also receive alerts when the shjort and long lines are crossing.

Be the first to review this product

Manufacturer: nt8indicators

SKU: TBNR

Vendor: nt8Indicators

$9.90

Qty:

Product tags

Customers who bought this item also bought

Trend Lord

The TrendLord indicator is a chart overlay indicator which can be used as a confirmation indicator. It is a derivative of a smoothed moving average but with the advantage of representing it as a colored change histogram.

$9.90

Momentum Bars

Momentum Bars offers a different way to visualize momentum - and uses some simple TA concepts to provide a different perspective into how we read momentum changes and incorporate that in our trading. The idea here (and the script itself) is really super simple, and is inspired by Elder's Impulse System ( EIS ) - then evolved to leverage some other concepts, and to become less cluttering and "easier to read".

$9.90

Volatility Quality Index

Volatility Quality Indicator (VQI) is a technical indicator that was developed to identify quality stocks with low volatility. The indicator is based on the assumption that assets with low volatility are less risky and more stable. The original concept by Thomas Stridsman was first published in 2002 and can be found in the Technical Analysis section of Stocks and Commodities magazine.

$9.90

Braid Filter (v1)

The Braid Filter Indicator was first introduced in 2006 by a man named Robert Hill, also known as “Mr.Pips” in Stocks and Commodities Magazine. By the way, Mr. Hill created the first version of this indicator. Over the years, coders created subsequent versions and added modifications. The “braid” is formed by line intersections based on various types of moving averages.

$9.90