Ahoora Trend

Ahoora Trend

Ahoora Trend is an oscillator that use moving average based of high or low values (depends of current candle position from this MA) instead of classic close value price in an RSI calculation. It results an overbought / oversold oscillator that spot price that has highly derivated from the mean. The oscillator is “reset” everytime  price cross above or below the 2 different moving average, so oversold and overbought information gain in reliability.

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
Register or

Likes

avatar
Related users ' posts
Nicolas Thanks a lot for this new valuable addition to our library. I changed line 76 with "barindex...
Horance Thanks. I've noticed this leftover after submission, but it was too late for editing. BTW, I...
Nicolas
2 months ago
Maxime Baudin Interesting, Thank you! :)
franck-david Bonjour Nicolas , actuellement je me forme grace a vos videos tres tres bien expliques mer...
Nicolas Merci. ça n'est pas le lieu pour poser ce genre de question :) Merci d'utiliser le forum Pro...
cbeukes Very interesting indicator. Any advice on identifying the transition between ranging and tre...
Horance This is a good question. John Ehlers explains it in Rocket Science for Traders. You have to ...
cbeukes Much appreciated, I will give that a try. Also, is there any criteria that one could use to ...
ottimo Dear Nicolas, could you recommend some of your indicators that I can use on the Daily time-f...
verygrubby Thanks for this Nicolas... so, can this indicator be used in a strategy? eg using the dots a...
Nicolas You can use it as signals or trend filters. Change the Last line with: Return pivots,pivot...
Bard Great job and thanks very much for posting this @nicolas. I've backtested both these RSI a...
Nicolas So you want to bound this oscillator with a scale made of std devs but of price? not from th...
Nicolas No sorry because the X,Y coordinates are in price and bars, not in pixels.
Nicolas The indicator has been updated to be perfectly the same as the original version., as discuss...
GertLjung Ok, thanks
Bard Thanks Gabri, How do you like your Turkey cooked? https://www.dropbox.com/s/1afg6qqq...
gabri Brined :) look on this indicator how on the 6th and on the 9th you have very high positive s...
Pepsmile Hi everybody, An application could be found by applying this indicator on the strategy prof...
Nicolas The indicator may be not as accurate with the initial version, see discussion here: https://...
maurizio A me non funziona errore nella riga 11 e 13
maurizio //PRC_Alan Kelland's Box | indicator //07.08.2018 //Nicolas @ www.prorealcode.com //Shari...
bolsatrilera
2 months ago

Top