LuxAlgo Trading Blog

The Squeeze Index aims to measure the action of price being squeezed, and is expressed as a percentage, with higher values suggesting prices are subject to a higher degree of compression.

The following script returns a moving average designed to be used as a signal line in a moving average crossover system. The moving average will diverge from the price during ranging markets and reach the value of a regular moving average during trending markets.

Candlestick Channels return channels whose extremities converge towards the price when a corresponding candlestick pattern is detected.

A very common question asked by new traders or investors when it comes to technical analysis always seems to be this. "What is the best timeframe for trading?" It's seen many times on almost every trading strategy video we release and asked multiples times a day in our Discord group. Let's break down the answer so everyone knows.

Fair Value Gaps (FVG) highlight imbalances areas between market participants and have become popular amongst technical analysts. The following script aims to display fair value gaps alongside the percentage of filled gaps and the average duration (in bar) before gaps are filled.

This indicator returns the percentage or count of prices greater than simple moving averages with periods in a user set range, as well as the moving average period that is the closest to price values.

This indicator displays polynomial regression channels fitted using data within a user selected time interval.

This indicator returns a moving average converging toward the price the more a trend makes new higher-highs or lower-lows depending on the detected trend.

This script displays a histogram from the mean and standard deviation of the visible price values on the chart. Bin counting is done relative to high/low prices instead of counting the price values within each bin, returning a smoother histogram as a result.

This indicator is a detrended price series using the Parabolic Stop and Reverse ( SAR ) trailing stop, resulting in a bounded oscillator in the range (-100, 100).