Trade Range Indicator BASIC - AltSumo.com
Ideal for automatically updating the traderanges on a hourly, daily, weekly or monthly timeframe .
You don't have to add support/resistance lines manually anymore.
Just choose the desired range timeframe and the indicator will add the the ranges on the chart....
This indicator measures direct changes in price.
The instructions are pretty straightforward.
You go long when you see a long signal appear and vice versa for short.
Reasons what makes this indicator valuable
-High profit factor
-Low max drawdown
-Above average sharpe ratio
-High RR (Average win/loss ratio of 6)
-Does not repaint...
Trade Range Indicator Advanced - AltSumo.com
Need multiple timeframe support/resistance lines? We got you covered!
Ideal for automatically updating trade ranges on a hourly, daily, weekly or monthly timeframe .
Just choose the desired range timeframes and the indicator will add the the ranges on the chart.
Each timeframe can be adjusted to your own settings....
Price Spread Momentum‴ is a Price Spread oscillator that allows you to have a better understanding and interpretation of its behavior once you are able to see it through an histrogram.
It has extreme zones such as overspreaded and underspreaded, but these zones start, respectively, from above 100% and from under -100%, with a mid line at 0%.
What is the best is...
This script is the pro version of this one below
it finds the average time of High or Low formed in sessions.
This is a request from trader @Salmanmahmood15 . You need permission from him to fully use it
Developed by Buff Dormeier, VPCI won 2007 Charles H Dow award by the MTA. VPCI plots the relationship between price trend and the volume, as either being in a state of confirmation or contradiction.
Excerpt from article below:
"Fundamentally, the VPCI reveals the proportional imbalances between price trends and volume-adjusted price
trends. An uptrend...
🔗 Blockchain - NVU (Network Value to User) Ratio by Cryptorhythms
Please note this is not an indicator that gives you buy and sell signals, its for bitcoin blockchain based fundamental analysis and valuation metrics.
Blockchains have network effects.
The classic example of network effects is Facebook: every person who gets on...
Short-term Volume and Price Oscillator (SVAPO), developed by Sylvian Vervroot, combines both Price and Volume to construct an oscillator. In essence, when the price is trending up and volume is increasing, volume is added into the oscillator calculation. Conversely, when price is trending down and volume is increasing, volume will be subtracted from the...
These levels are based on price around earnings day. I have implemented support for 2 calculation modes:
Mode 1: Level = (low of 1 day prior to earnings + high of 1 day after earnings) / 2.0
Mode 2: Level = (hl2 of 1 day prior to earnings + hl2 of 1 day after earnings + close from earnings day) / 3.0
Chart above shows "Mode 1". Mode can be changed via options...
Multi-Timeframe Trend indicator identifies the trend based on pure Price Action.
If the market makes higher lows and higher highs, the indicator plots a blue dot (indicating UP Trend).
And if the market makes lower lows and lower highs, the indicator plots a black dot (indicating DOWN Trend).
MTF Trend indicator plots instantaneous trend of 10 different...
First I have to give kudos to my son who I asked to take a shot at creating this little indicator. Nice work son!
While trading, one of the things I look for is when price or certain EMA's approach another EMA. The example that I use on this 1 minute SPY chart is an 8 EMA and 20 EMA. I am looking for when the 8 and 20 are within' 3 cents of each other. Many...
Following Preston Pysh's "Bitcoin Mayer Multiple" study (www.theinvestorspodcast.com), I made this simple script to plot the Mayer multiple by calculating the ratio between bitcoin price and its 200-day moving average. It also plots the moving average of ratio itself.
P.S. Checkout the Swiss army knife we're...
View Total Volume, Bull Volume, and/or Bear Volume. View Volume Effectiveness to reveal how Volume has effected the price. View the Moving Average of any of the above metrics, selecting one or more types of moving averages(SMA, EMA, RMA, SWMA, VWMA, WMA, or ALMA). Create nearly infinite crossovers by activating the Secondary Moving Average and choosing a longer...