The KOT indicator is described as a visual aid for deciding whether to continue holding an open position. For a buy, a line below price indicates that the position can remain open. When that line begins to fade, the trader may tighten protection by moving a…
Knowledge library
Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
Search the library
8,851 documents
This document describes a simplified ZigZag indicator intended to identify local price highs and lows and connect them into refined upward and downward swings. Such swing points can support chart constructions including trend lines, channels, and Fibonacci…
This indicator description explains a way to draw bullish and bearish trend lines from the nearest price extremum identified by a fractal indicator. When price breaks a fractal, the corresponding line is retained until a new extremum appears. The description…
The described Expert Advisor uses the direction of a slow moving average to open positions and a fast moving average to close them. It buys when the slow average rises and exits when the fast average falls; it sells when the slow average falls and exits when…
XChannel is described as a channel indicator built from two moving averages, one applied to price highs and the other to price lows. The two lines are displayed as a cloud, providing a visual channel around price. The document gives a brief conceptual…
The RSRS approach models changing support and resistance through the relationship between recent daily highs and lows. Rather than treating support or resistance as fixed price levels, it uses the regression slope to represent their relative strength. The…
This document describes an indicator that displays the output of the XKRI algorithm as a sequence of candlesticks. Rather than presenting the processed price time series in another form, the indicator maps it into candle-style bars that may provide a…
This document describes a recursive moving average attributed to Mark Jurik, with two user-adjustable inputs: the calculation period and the applied price. It gives a sequence of equations in which the current smoothed value depends on a prior smoothed value…
The document describes TTM Trend as a visual charting method based on Heikin-Ashi candles. It aims to smooth irregularities in ordinary candlesticks so traders can more easily distinguish trends from consolidations. The explanation focuses on changing bar…
The screen selects mainland Chinese stocks associated with the metaverse concept, with circulating share capital capped at 5.5 billion shares and the previous close above the 250-day moving average. The document describes these as industry, size, and trend…
The Relative Volatility Intelligent Index (RVII) compares volatility on rising and falling bars. It assigns each bar’s standard deviation to an upward or downward stream according to the close’s direction, smooths both streams with Wilder averages, and…
The Random Walk Index is presented as a technical indicator for judging whether observed price movement is consistent with random variation or more suggestive of a statistically significant trend. The description frames it as a way to distinguish…
The ZZ Color Retracement indicator extends a basic ZigZag approach by classifying detected price swings according to their length. It compares the latest ZigZag move with an average of prior moves: sufficiently longer swings are marked as impulses,…
The proposed stock screen combines a daily price-range condition, a large intraday decline, and a weekly close above its 30-week moving average. The intended setup looks for stocks that have fallen sharply while showing a possible longer-term upward trend.…
Donchian Ultimate is a configurable channel indicator for MetaTrader and cTrader. Its classic form sets the upper and lower bands to the highest high and lowest low over a chosen lookback period. Alternative modes use period highs or lows of opens or closes,…
The document describes an Expert Advisor that takes signals from the XHullTrend_Digit indicator. A signal is generated when a bar closes and the indicator cloud changes color. The compiled indicator must be installed in the terminal’s indicator folder for…
This MetaTrader 5 expert advisor uses changes in the CandlesticksBW indicator’s candle color as trend-change signals. It evaluates signals when a bar closes and lets the operator restrict trading to a selected daily time window. The documented defaults allow…
This indicator defines a central trend reference using a 55-period triangular moving average shifted to use its value from 21 periods earlier. It surrounds that reference with upper and lower bands formed by adding and subtracting a fraction of the 13-period…
The document introduces FATL, or Fast Adaptive Trend Line, as a chart indicator calculated with a digital low-pass filter. It identifies the indicator as a fast adaptive line and notes that it is displayed as a cream-colored line on a chart. This provides a…
The Efficiency Ratio, attributed here to Perry Kaufman, compares net price change over a period with the total absolute movement along the way. A larger ratio indicates that price traveled more directly and may be trending; a smaller ratio suggests a less…
This note describes an indicator that combines Double Weighted Moving Average (DWMA) and Jurik Moving Average (JMA) crosses into a single signal method. Both averages are described as smooth, and their combination is intended to produce a moderate number of…
This Chinese stock-selection screen combines membership in the metaverse theme with an upward-moving 30-day average and an opening auction gain below 6%. It aims to find stocks in a favored sector whose recent trend is rising while the early price move…
This indicator builds on the double exponential moving average, which is intended to reduce the lag of a traditional moving average. It applies a correction that compares changes in the DEMA with recent price variability: when the deviation is judged…
This indicator adds a three-level trend-strength cue to BinaryWave. It calculates the standard deviation of the BinaryWave indicator and compares it with two user-set thresholds. When the value falls between the thresholds, a small dot appears on the moving…