This update of  "Green/Red Bar Counts"  indicator showcases the latest feature in  Indie language 4.3 , the  indie.Var[T]  container. In this implementation: State Tracking : The  indie.Var[T]  container counts consecutive green (up) or red (down) bars w…

ZLEMA ZLEMA stands for Zero Lag Exponential Moving Average, developed by John Ehlers and Rick Way. Unlike a standard Exponential Moving Average, ZLEMA aims to minimize the inherent lag typically associated with moving averages and other trend-following i…

The Volume Flow Indicator (VFI), developed by Markos Katsanos, is based on the popular On Balance Volume (OBV) but features three important enhancements: VFI values provide clear signals: positive readings indicate bullish conditions, while negative read…

The  Market Facilitation Index (MFI)  indicator implemented in this code allows for visualizing how efficiently price movements are influenced by trading volume. Based on the methods of Bill Williams, this indicator helps identify key moments in the  cry…

This indicator analyzes market volume and visualizes it as wave charts, making it easy to identify key inflection points and zones of supply and demand. For optimal results, customize it for your instrument (not compatible with Forex) by adjusting the "T…

Originally developed by Larry Connors, the 2-period RSI strategy is a straightforward mean-reversion approach that aims to buy or sell after short corrective moves in the market. Traders look for buying opportunities when the 2-period RSI drops below 10,…