Polychromatic Momentum Extended indicator Denis Meyers that invented Polychromatic Momentum, describes it as: Momentum is defined as the difference, or percent change, between the current bar and a bar some lookback period in the past. The major problem with using momentum based indicators is that the optimum lookback period seems to change over time creating losses with the current chosen lookback period. To avoid the errors due to a single lookback period we create an indicator that takes an weighted average of all significant lookback periods for the tradable. We named this indicator polychromatic because poly means many and chromatic means colors. Thus, Polychromatic Momentum for this indicator translates into the sum of many Momentums.

Directional Volatility Effect indicator. The indicator displays two volatility effect zones; bullish (green shadow) and bearish (red shadow). To find original version please click here

PDI (Price Difference) is a simple signal indicator of the price difference between the previous and the current bars. It displays as signal marks the candlesticks, on which the previous Applied price is higher than the current one by the pre-defined Price difference. If the price difference is positive, the mark will be placed on the Low price of the current candlesticks. If it is negative - on the High price.

ZScore of Time Segmented Volume indicator. Get Time Segmented Volume indicator from here.

Time Segmented Volume indicator

The SZO (Sentiment Zone Oscillator) indicator shows the market sentiment (activity and direction) and zones of excessive activity (overbought/oversold zones). It can display a dynamic channel, beyond which deals are seen as undesirable because of the high probability of a change in sentiment and of reversal. If the indicator line moves beyond the channel and at the same time enters the overbought/oversold zone, this may mean that the market trend can change soon. The indicator often warns of such a possible change in advance, so it is advisable to use it in combination with another confirmation indicator.

Shadow True Strength Index indicator Use shadow color as trade sentiment; green for Long; red for Short

DonChain Percentage oscillator displays a relative price position inside the Donchian channel as oscillator. Remark, indicator above or below level 50 for sentiment zone.

HiLo Range Fan indicator. Trade long when all indicator components are above zero level, trade Short when all indicator components are below the zero level.

HiLo Range indicator. Trade long when indicator is above zero level, trade Short when indicator is below the zero level.

The indicator result, is calculated from FIR (Finite Impulse Response Filter) indicator and price levels Use histogram as short term trend and dots (green and red) as open position trigger. For more information about FIR indicator click here

Directional Volatility indicator. The indicator displays two volatility lines; bullish (green component) and bearish (red component).