**1. Overview** " L1 Dynamic Momentum Indicator" is a custom TradingView indicator designed to analyze price momentum and market trends. It combines the calculation methods of Stoch (RSV) and Moving Average (SMA) to provide market overbought and oversold signals. **2. Calculation Method** - **RSV Value Calculation**: The RSV value is calculated using the...
If you, like me, like to watch the market in real time for a long time, then this script will be useful to you. Stay tuned. A script that helps you navigate the current price and the latest highs and lows IMPORTANT: For the script to work correctly, you must enable "On every tick" in Preoperties. Throw it on any chart. On the right appears: white price -...
The PE Band shows the highest and lowest P/E in the previous period with TTM EPS. If the current P/E is lower than the minimum P/E, it is considered cheap. In other words, higher than the maximum P/E is considered expensive. PE Band consists of 2 lines. - Firstly, the historical P/E value in "green" (if TTM EPS is positive) or "red" (if TTM EPS is negative)...
The Trend Following Parabolic Buy-Sell Strategy leverages the Parabolic SAR in combination with moving average crossovers to deliver buy and sell signals within a trend-following framework. This strategy synthesizes proven methodologies sourced from various trading tutorials available on platforms such as YouTube and blogs, enabling traders to conduct robust...
🟣 Introduction Pivot Points are critical levels on a price chart where trading activity is notably high. These points are derived from the prior day's price data and serve as key reference markers for traders' decision-making processes. Types of Pivot Points : Floor Woodie Camarilla Fibonacci 🔵 Floor Pivot Points Widely utilized in technical...
Overview This indicator helps visualize the Volume Weighted Average Price (VWAP) and its associated standard deviation bands over specified time periods, providing traders with a clear understanding of price trends, volatility, and potential support/resistance levels. Inputs Deviation StDev mult 1: Multiplier for the first standard deviation band...
The Trading Sessions Indicator is a tool that draws smart boxes around the ranges of four trading sessions. By default, it is set to display the Asian, Frankfurt London and New York sessions in UTC+3 time. Users can customize: the time for each session, Enable/Disable the appearing of sessions box, change smart box color The indicator is designed for...
This is my first script, it is really simple logic and you probably saw something similar before. Is a crossover indicator between 2 Moving Average, one fast MA and the second slow MA. Inputs you can adjust: - 8 different source of MA's - lenght of the MA's - 7 different types of MA's ("EMA", "SMA", "RMA", "WMA", "DEMA", "TEMA", "HMA") - 3 smoothing level of the...
This indicator dynamically captures the highest and lowest points visible on the chart and calculates Gann Support and Resistance Levels. The inputs are detailed below. Why create this indicator? There is no other indicator with the same functionality on TradingView. These calculations are time-consuming; the speed at which this indicator calculates any...
Trend Maestro - Linear Regression & Volatility Bands Description: The "Trend Maestro - Linear Regression & Volatility Bands" indicator is meticulously designed to provide traders with a clear understanding of market trends through the application of linear regression techniques and enhanced market data visualization. This tool is essential for traders looking...
Description This indicator is my interpretation in Pinescript of the "Trend-Quality Indicator" by David Sepiashvili. The Trend Quality indicator (Q-indicator) is an attempt to estimate trend in relation to noise. It answers the long-standing question of whether a trend change qualifies as significant and promising, or insignificant and better ignored. In terms...
I'm excited to share with you a fascinating concept that can help you identify potential breakout points in the market. The Pine Script code provided below is designed to identify the midpoint of a long candle, which can be a crucial level for traders to watch. In this blog post, we'll dive deeper into the concept, explore its applications, and analyze a...
█ OVERVIEW The Fibonacci Average Range indicator provides unique insight into key price-action levels within the market that can serve as powerful support and resistance levels. The Fibonacci Average Range is automatically generated purely from price-action; simplifying the decision-making process because price-action focuses on the most critical factor, price....
🌟 What does this indicator do? This magical indicator shows you the lowest (Low) and highest (High) values of the last X candles directly on your chart. Not only that, but it also tells you how much the price has changed from the opening price of the current candle to these key points, all in percentage format. You'll have a clear and precise view of market...
## Overview The L1 Dynamic Multi-Layer Bollinger Bands script is a custom indicator designed to provide a comprehensive analysis of price movements using Bollinger Bands, a widely-used technical analysis tool. The Bollinger Bands consist of a middle band being a simple moving average (SMA) of the close price, and an upper and lower band that are respectively 1.382...
Inside Bar Setup Indicator Description The **Inside Bar Setup ** indicator is a powerful tool for traders to identify and visualize inside bar patterns on their charts. An inside bar pattern occurs when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. This pattern can...
Breadth Indicators NYSE - transmits the processed data from the Barchart provider NYSE - Breadth Indicators S&P 500 - Breadth Indicators DOW - Breadth Indicators RUSSEL 1000 - Breadth Indicators RUSSEL 2000 - Breadth Indicators RUSSEL 3000 - Breadth Indicators Moving Average - 5, 20, 50, 100, 150, 200 The "Percentage above 50-day SMA" indicator measures...
◙ OVERVIEW Hi, Ivestors and Traders... This Indicator, the focus is Scott Cong's article in the Stocks & Commodities September issue, “VAcc: A Momentum Indicator Based On Velocity And Acceleration”. I have also added a trading strategy for you to benefit from this indicator. First of all, let's look at what the indicator offers us and what its logic is. First,...