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| Here on useThinkScript, we dive deep into the latest discussions and highlight the most valuable indicators, set ups, and strategies which could give you the edge in this week's markets. Scroll down to check out this week's must reads, carefully selected by uTS Moderators! |
| samer800 said: The Andean Oscillator is a technical tool designed to analyze market trends using bands, which are visual guides for price movement. For beginners, it’s helpful to first google the basics of trading with bands to ensure you have a solid foundation before diving into this indicator. This oscillator provides several insights, but its primary focus is on two components: the bull component (green line) and the bear component (blue line). These lines represent bullish (upward) and bearish (downward) price trends, respectively. |
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| eagle_ai said: The Karobein oscillator is an oscillator that aim to rescale smoothed values with more reactivity in a range of (0,1). |
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AVAILABLE TO VIP MEMBERS ONLY |
| MerryDay said: Identifying the choicest stocks to trade is an essential part of a strategy. The VIP Relative Strength Ranking v2 finds the stocks which are outperforming their peers also pinpoints the hottest stocks in the market it ascertains the up-and-coming stocks that deserve a look and which of the strongest stocks are dipping and may represent an opportunity of equal importance: the RSR highlights stocks NOT to trade The information in these labels are essential for making better trades. These labels are used as a traffic light as to direction. Here are what they are and what they do... . |
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| samer800 said: Introducing the Dynamic Supply and Demand Zones by AlgoAlpha. This indicator is designed to automatically identify and visualize dynamic supply and demand zones on your chart, helping traders pinpoint potential reversal areas and assess market sentiment with enhanced clarity. It adapts to market conditions using a dynamic look-back mechanism, making it more responsive to recent price movements. |
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FROM THE ARCHIVES: JUL 2019 |
| tomsk said: For those interested, here is a Choppiness Indicator that Mobius posted several years ago. This is helpful for those who'd like another measure of defining trend, chop, etc. |
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