The RSI only plots itself between a high and a low value. It does not show its bullish/bearish sentiment.
The RSI TV shows the sentiment and helps anticipate the RSI trend but not the price trend.
When the Trend Veracity Line is in green, there is bullish sentiment. When it is in red, there is bearish sentiment.
The closer the lines get to their extremities, the...
These bands consist of 4 ARLs (See: Adaptive Rebound Line ('ARL'/AR Line)) that help accurately spot price rebounds.
It is excellent for 15 minute scalping and price-action trading.
See notes in the picture above for more details.
Note: "Top Deviation" is the deviation of the top 'ARL', "High Deviation" is for the high 'ARL', etc.
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This simple script displays in the lower-right corner of the chart the Growth Rate and the Compound Annual Growth Rate (CAGR) between the open of the chart's first visible bar and the close of its last bar. As you zoom/scroll the chart, calculations will adjust to the chart's bars. You can change the location and colors of the displayed text in...
This script uses 2 moving averages of Unemployment and projects a possible recession period or bull run period.
A Red Dot means a recession could've started or is coming soon - markets could possibly fall for the next few months.
A Green Dot means a bull run could begin following a recessionary period - markets could possibly rally for the next few months.
Using...
this scrip is modified of Performance Table () of TradingView user @BeeHolder = Thank u very much.
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@BeeHolder formula is based on daily basis,
but my calculation is based on respective day, week and month.
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The formula of the calculation is (Current Close - Previous Close) * 100 / Previous Close, where Past value is:
1D = close 1 day before
5D = close 5 day...
Level 3
Background
By modeling skew to produce long and short entry points.
Function
The concept of skew comes from physics and statistics, and is used in market technical analysis to reflect the expectation of future stock price distribution. Because the return distribution of stocks in the trend market has skew (Skew), it is reasonable to judge the trend...
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Define, then locate the presence of a candle that fits a specific criteria. Run a basic calculation on what happens after such a candle occurs.
Here, I’m not giving you an edge, but I’m giving you a clear way to find one.
IMPORTANT NOTE: PLEASE READ:
THE INDICATOR WILL ALWAYS INITIALLY LOAD WITH A RUNTIME ERROR. WHEN INITIALLY LOADED THERE NO...
This script basically is a combination of 3 different simple moving averages line to determine the trend of the assets
The colour indicating which moving averages are as per following:
1) Green- 10MA
2) Red- 20MA
3) Blue- 50MA
When the moving averages are aligned as per following, the trend is indicating towards an uptrend:
---> 10ma > 20ma > 50ma
Likewise when...
First of all, I would like to thank the author @LonesomeTheBlue.
This indicator developed on the source code "Point and Figure (PnF)" by author @LonesomeTheBlue.
This indicator calculate the range (Cause) of Phase accumulation or distribution to calculate the taget (Effect) based on the Wyckoff Method.
Formula for calculate move value target : Col * BoxSize *...
What is "Faytterro Estimator Strategy"?
"Faytterro Estimator Strategy" is strategy of faytterro estimator. if you want to know more about faytterro estimator:
What it does?
It trades according to the signals given by faytterro estimator and some additional restrictions.
How it does it?
Using the faytterro estimator and the following variables, it gives buy...
Fourier Spectrometer of Price w/ Extrapolation Forecast is a forecasting indicator that forecasts the sinusoidal frequency of input price. This method uses Linear Regression with a Fast Fourier Transform function for the forecast and is different from previous forecasting methods I've posted. Dotted lines are the forecast frequencies. You can change the UI...
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People often look an indicator in their technical analysis to enter a position. We may also need to look at the signals of one or more indicators to verify the signals given by some indicators. In this context, I developed a strategy to test whether it really works by choosing...
This indicator measures Price Distance (in %) from any given Moving Average.
It will help you see if the price is over extended or in the fair price zone.
Trend Analysis
How much % higher is the current price compared to 200W SMA
What % has been the maximum price rise from 200W SMA
What % has been the lowest price fall from 200W SMA
DCA Opportunity...
Intraday regulated markets move within their circuit range above or below which the market activity is halted.
These levels are protected by the MM to accumulate or distribute. These levels are mostly same for all markets i.e. 2%, 4% , 5%, 10% and 20% of previous day close, crossing which the market activity halts.
So, from here the expectation of turning or...
This indicator indicates the Pre-Forex Market Killzones studied by our mentors at MTA Concepts. High volatility areas where you can take advantage of a great advantage when trading intraday.
Killzone: A killzone is an area, a time interval where there is high volatility and coincides with market pre-openings.
We have divided the Killzones into 3:
-London...
Fourier Extrapolator of 'Caterpillar' SSA of Price is a forecasting indicator that applies Singular Spectrum Analysis to input price and then injects that transformed value into the Quinn-Fernandes Fourier Transform algorithm to generate a price forecast. The indicator plots two curves: the green/red curve indicates modeled past values and the yellow/fuchsia...
Description:
kNN is a very robust and simple method for data classification and prediction. It is very effective if the training data is large. However, it is distinguished by difficulty at determining its main parameter, K (a number of nearest neighbors), beforehand. The computation cost is also quite high because we need to compute distance of each instance to...
![003023: [blackcat] L3 Candle Skew 3821 Trader](https://s3.tradingview.com/w/W6xsVOeQ_mid.png "[blackcat] L3 Candle Skew 3821 Trader")
![EURAUD: Calculate target by Range [Wyckoff,PnF]](https://s3.tradingview.com/l/LjvwCJk4_mid.png "Calculate target by Range [Wyckoff,PnF]")
![SPX500: Fourier Spectrometer of Price w/ Extrapolation Forecast [Loxx]](https://s3.tradingview.com/p/Plhgucwi_mid.png "Fourier Spectrometer of Price w/ Extrapolation Forecast [Loxx]")
![BTCUSDT: Fourier Extrapolator of 'Caterpillar' SSA of Price [Loxx]](https://s3.tradingview.com/u/uxwDL6xK_mid.png "Fourier Extrapolator of 'Caterpillar' SSA of Price [Loxx]")
