The indicator is developped for bitcoin and other cryptocurrencies, whose price and volume changes heavily within minutes. For the other Asset Classes, you may need to adjust the parameters.
1. Since a breakout of price or volume often means the start of a trend, this indicator alerts and displays a label when there is a breakout in price or volume.
It's an 'Inside Bar Strategy' As seen used and taught extensively by ChartGuys.com (A Huge YouTube Trading community). Here is an automatable version, you can have it for free!
This Script was coded by riskTrader aka @cryptoTrader_ for a Indicator Script by slicknuts aka slicktrades. The version for the script provides its users the ability to place...
Seismic Market Spike Detector v1.0
This indicator helps identify spikes in market activity , typified by bars with extreme open / close or high / low prices.
This indicator plots 2 lines. The Blue line simply depicts extreme price movements with in that bar regardless of the initial opening price of the closing price of the bar. This allows you to get an...
Current price always obeys VWAP and is very useful for intraday traders. The Price will never go beyond the second deviation of VWAP at any point of time. The deviation bands are also very useful in predicting the volatility of the script.
Breakout trades can be taken based on the previous day's VWAP and it's deviations.
One can say that the stock has experienced...
Combination of Rangebound and Breakout Statergy
use 1 Hour Chart, Nifty 50 Stocks
BUY Condition : If next candle of "T" breaks UP the T Candle
SELL Condition : If next candle of "T" breaks DOWN the T Candle
Stop Loss : Sell Break point is stoploss point of BUY , Buy Break point is stoploss point of SELL
Target : 1%-3%