AutoTrend Chart (RTX)
The AutoTrend indicator connects the previous two 5-bar high fractals and previous two 5-bar low fractals to identify an up and down trend.
The AutoTrend indicator connects the previous two 5-bar high fractals and previous two 5-bar low fractals to identify an up and down trend.
This is a sample chart showing the Holiday Tree (RTX) indicator. Enjoy.
Got your tree up yet?
You stare at your charts all day. Why not spruce them up with a little holiday cheer? Introducing Holiday Tree (RTX), a whimsical indicator written with RTX that adorns any chart with a holiday tree, complete with twinkling lights, ornaments, garland, holiday countdown, customizable sizes and colors.
The Trade Dots extension draws dots at each price within each bar. The dots are sized in proportion to the volume traded at that price within the bar. The dots are drawn in two user-specified colors representing positive or negative delta at that price. Many options exist which control the size, scaling, shape, and coloring of each dot. A single dot mode draws one dot or shape on each bar at the VWAP or VPOC of that bar.
The Volume Candles RTX extension draws a candle, volume profile, and volume as text, for each bar, making efficient use of the horizontal space available for each bar. It is recommended to set the drawing style of the instrument to "Invisible" and then add the VolumeCandles to the instrument pane to replace the bars. Each of the 3 elements is optional, giving users the ability to plot candles with volume profiles, volumes with volume as text, etc. User must ensure there is enough room vertically and horizontally to properly display elements.
Trail of Intentions (TINT) is an RTX Extension designed to display historical snapshots of the depth of market. The market depth provides numeric insight into the intention of traders to buy and sell at various prices. TINT provides a wealth of options to visually identify relative size and changes in sizes among prices within same snapshot or from snapshot to snapshot over time.
Polynomial Regression Channel (PRC) is an RTX Extension indicator that draws a best fit n-degree polynomial regression line through a recent period of data. Setup parameters for the indicator include the degree of the polynomial (1 - 6) and number of bars to analyze. Bands are drawn above and below the regression line between two user-specified multiples of standard deviation. The bands self adjust for volatility.
In his article "The Quest For Reliable Crossovers" (Stocks and Commodities Magazine, May 2008) author Sylvain Vervoort explains a trading method using the crosses of two moving averages: a zero-lag triple exponential moving average of the typical price HLC/3 and the Heikin-Ashi Close. The Vervoort Oscillator plots the difference between these averages. Vervoort recommended a 55 period average (1 period look back) on daily charts.
Price Volume Pattern is an RTX Extension designed to identify buy and sell volume-based patterns within a sequence of one or more prices within each bar. One-price, two-price and three-price patterns can be identified at the high of bar, low of bar, the highest or lowest occurrence within the bar, or all occurrences within each bar.
The Investor/RT Math Lines Indicator is the Linn Software implementation of the popular Murrey Math Lines. The Math Lines indicator produces a series of equidistant price-based support and resistance levels. Each level is labeled from 1/8 thru 8/8. The 8/8 (or 0/8) lines are considered the most difficult to break. 1/8 and 7/8 lines are considered weak support and resistance. 2/8 and 6/8 lines are considered strong reverse points. 3/8 and 5/8 are considered areas where it is very likely that the price will either pierce this range fast or will remain inside it for a long time.