Glitch Index as a Confirmation Indicator

Color change trend indicator with trend filter to screen out false signals.

Glitch Index ***UPDATE*** After some investigative research based on a couple of community contributions (Thanks Eric & John — you guys rock!), we discovered that the Glitch Index indicator performed “strangely” with non-4X pairs (BTC, XAU, SPX500, etc.).  After digging into the code, Niels noted a couple lines of code which were creating issues with … Read more

WPR_ma as a Confirmation Indicator

Combination of Williams Percent Range and an adjustable moving average make for a good two lines cross below chart indicator to determine bull and bear trends and not used as an overbought or oversold indicator.
It’s All in a Name Who doesn’t love public radio? Independent information, no corporate sponsors biasing topics of conversation, and it just feels organic. We like indicators that just report the news…or in our case, the signals without prejudice, partiality, or partisanship. While we chuckled at the different acronym definitions, it actually does stand for ... Read more

TTMS as a Volatility Indicator

TTM Squeeze from John Carter used a color change below chart volatility indicator, not directional.

Where’s The Squeeze So, back to the TTMS.  The “squeeze” comes from compression of both top and bottom BBands when they reside inside the Keltner Channel.  This indicates low volatility in the market when price tends to become range bound and moves sideways.  An image of this phenomenon can be found below. It’s during these … Read more