This is my first Pine script. So please critique it, if it looks funky.
It is a colored SMA that turns green when above x angle and red when below -x value
There is also a small yellow table that tells you the current degree of the SMA
Hot off the press, I present this "Correlation Cycle, CorrelationAngle, and Market State" multicator employing PSv4.0, originally formulated by Dr. John Ehlers for TASC - June 2020 Traders Tips. Basically it's an all-in-one combination of three Ehlers' indicators. This power packed triplet indicator, being less than a 100 line implementation at initial release, is...
This indicator tries to identify ranging and trending markets.
It measures the angle of a Moving Average in order to filter out ranging markets.
The idea is to only enter a trend following trade if the slope is steep enough.
In order to create this indicator, I used a strategy script from bennef called "Trend Angle BF" and slightly modified it to transform it...
This is a simple end of the day indicator based on open and close values.
Angles:
Identifying narrow angles helps to find breakouts
Maximum angle = High chance of reversal
Minimum angle = Chance of breakouts on the next day or upcoming days.
Price Flow:
I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using...
Hello guys,
I would like to introduce you angle bar colors indicator. It colors bars depending the angle of the bar x length back and current one
lime angle > 70 degrees
green 20 < angle < 70 degrees
orange 0 > angle <= 20 degrees
purple 0 > angle >= -20 degrees
red -20 > angle > -70 degrees
maroon angle < -70 degrees
Any suggestions are welcome
The Correlation Angle Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for trend termination and simply buy when it is green and sell when it turns red.
Let me know if you would like to see me publish...
This is a histogram that can display a moving average's angle and also show how volatile the change in angle is.
To use:
Add any moving average indicator to the chart
Click that indicator's More > Add Indicator on (MA)
Select the Cosmic Angle indicator
Adjust the Cosmic Angle 's Price To Bar Ratio value to reflect that of your chart's
Adjust...
An enhancement and iteration of lmatl's "angle bar colors " to enable multiple angle bars (up to 3) each with customisable price sources, angle periods, thresholds of degrees, line thicknesses and colours. Full history is displayed of when the selected angle bars have all been within higher degrees (green background) and lower degrees (red background).
This...
This is a simple end of the day indicator based on open and close values.
Angles:
Identifying narrow angles helps to find breakouts
Maximum angle = High chance of reversal
Minimum angle = Chance of breakouts on the next day or upcoming days.
Price Flow:
I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using...
Easy and Simple
whenever fast moving average crossunder slow moving average, the bullish angle is created. A positive value in bull angle implies ticker is in bull mode from the reference point of crossunder.
Again, whenever fast moving average crossover slow moving average, the bearish angle is created. A negative value in bear angle implies ticker is in bear...
This is a combination of various indicators that very rarely conflict, thus giving us a good understanding:
- "Price Rally" detecting whether price is rallying, giving us confidence it will continue.
- Volume - knowing volume is going with the trend is a good confidence check.
- Trend Angle - This will go red or green depending on whether the price angle is going...
This indicator will copy a moving average's plot and show whether its angle vector is negative or positive. In other words, it will show when the moving average starts to "accelerate" / "decelerate".
To use:
Add any moving average indicator to the chart
Click that indicator's More > Add Indicator on (MA)
Select the Cosmic Angle Gravity indicator
![BTCEUR: Moving Average Slope [aamonkey]](https://s3.tradingview.com/j/JcvogmpK_mid.png "Moving Average Slope [aamonkey]")
![BTCUSDT: angle bar colors [LM]](https://s3.tradingview.com/w/wvMpZGrq_mid.png "angle bar colors [LM]")
