The Wave Period Oscillator (WPO), developed by Akram El Sherbini, is a sophisticated technical analysis tool that offers traders a dynamic way to interpret market cycles. Its design is inspired by the natural ebb and flow of markets, which often follow cyclical patterns driven by underlying economic, political, and psychological factors. The oscillator's unique...
The "MA+ Projection" indicator is designed to visualize the potential future direction of a moving average, taking into account the impact of historical data loss. It is primarily aimed at providing a practical perspective on how moving averages could evolve as older data points are no longer considered. Key Features: Supported Moving Averages: SMA, EMA,...
█ Introduction and How It Is Different The FlexiMA Variance Tracker by PresentTrading introduces a novel approach to technical trading strategies. Unlike traditional methods, it calculates deviations between a chosen indicator source (such as price or average) and a moving average with a variable length. This flexibility is achieved through a unique combination...
This Pine Script is a TradingView script for creating a technical analysis indicator known as a Simple Moving Average Crossover (SMAC). The script visualizes two moving averages on a chart and provides buy and sell signals based on the crossover of these moving averages. Here's a breakdown of the script: Input Parameters: fastLength: The length of the...
Trend Strength Gauge with Modified Hull Moving Average (HMA) Overview: The indicator combines a modified Hull Moving Average (HMA) with a visual gauge that represents the strength and direction of the current trend. This helps traders quickly assess the trend's vigor and direction. Key Features: Modified Hull Moving Average (HMA): Purpose: The HMA is a...
Custom RSI with RMA Smoothing is smoothing the classic Relative Strength Index to enhance the effectiveness of using the RSI for trend-following through noise reduction. Principle: 1. RSI is smoothed by the Rolling Moving Average (RMA) and averaged Gains & Losses instead of the classic RSI calculation. 2. A RMA is plotted over the RSI where the crossovers can be...
Description: The ASFX Signals Indicator, created by OmegaTools, is an open-source Pine Script™ code designed to provide traders with valuable signals for potential entry and exit points in the market. This script incorporates a combination of Exponential Moving Average (EMA) signals and Volume Weighted Average Price (VWAP) confluence, enhancing the precision of...
This is a strategy/combination of warning indicators using 3EMA and Keltner Channels. I set up this strategy with the aim of reducing analytical labor in the market. When this strategy warns signals, then buy or sell. This strategy setup works for timeframes, however it can still work for different timeframes. It works well with Gold in various timeframes. If you...
█ OVERVIEW TASC's January 2024 edition of Traders' Tips features an article titled “Gap Momentum” by Perry J. Kaufman. The article discusses how a trader might create a momentum strategy based on opening gap data. This script implements the Gap Momentum system presented therein. █ CONCEPTS In the article, Perry J. Kaufman introduces Gap Momentum as a...
🔶 Introduction and How it is Different The FlexiMA Variance Tracker (FlexiMA-VT) represents a novel approach in technical analysis, distinctively standing out in the realm of financial market indicators. It leverages the concept of a variable Length Moving Average (MA) to create a versatile and dynamic oscillator. Unlike traditional oscillators that rely on a...
Releasing this fun little project indicator. What is it? The Technical Candle Alert indicator provides alerts based on multiple underlying technicals, including MFI, RSI, Stochastics, Z-Score, Pivot points and the EMA 50 and EMA 200 Death and Golden Cross. What does it do? The indicator looks back over a designated timeframe to look for max and min values...
🎲 Introducing Zigzag Tails Indicator by Trendoscope. The Zigzag Tails Indicator, a groundbreaking tool from Trendoscope, redefines technical analysis by seamlessly integrating anchored VWAPs (Volume Weighted Average Prices) and Average Price calculations with Zigzag pivot points. This advanced indicator recalculates Average Price or VWAP from one Zigzag pivot...
The Analytics Trading Dashboard is a tool designed to bring key information about a company into an easy-to-view dashboard. The indicator combines Company Info, Fundamental Data, Price & Volume Data, and Analyst Recommendations all into one table. Let’s dive into the details by section: Company Info: Name – Company name. Market Cap – Total dollar market...
Drummond geometry is a trading method that uses geometric patterns and moving averages to identify market trends and potential reversals. It was developed by Charles Drummond, a Canadian trader and educator1. The main elements of drummond geometry are: The PLdot, which is the midpoint of the previous bar’s high and low. It represents the current price level...
Greetings! As a newcomer to coding, I've developed a simple trading bot for experimentation purposes. However, it's important to note that this bot has not undergone rigorous testing, so please exercise caution and use it at your own risk. Bot Overview: The bot operates by leveraging two technical indicators: Moving Average Convergence Divergence (MACD) with...
The Market Trend Indicator (FinnoVent) is a comprehensive trading tool designed to provide clear visual cues for market trends on TradingView charts. This indicator combines the principles of Exponential Moving Averages (EMAs), Bollinger Bands, the Average Directional Index (ADX), and the Relative Strength Index (RSI) to offer a nuanced view of market...
This Indicator aims to fill a gap within traditional Standard Deviation Analysis. Rather than its usual applications, this Indicator focuses on applying Standard Deviation within an Oscillator and likewise applying a Machine Learning approach to it. By doing so, we may hope to achieve an Adaptive Oscillator which can help display when the price is deviating from...
Stochastic Trend Evaluator (STE): Detailed Description Overview : The Stochastic Trend Evaluator (STE) is a sophisticated trading tool designed for TradingView that combines stochastic oscillation analysis with Exponential Moving Average (EMA) trends. It is tailored to assist traders in identifying potential buy and sell opportunities in various market...