Stdev Breakout Strategy Description: This script generates a long entry signal when the Standard Deviation crosses over the Simple Moving Average and the Close is greater than the Open, and/or generates a short entry signal when the Standard Deviation crosses under the Simple Moving Average and the Close is less than the Open.
It is an ATR indicator which filters out outliers. Outliers are values which are higher than the standard deviation of the true range. It may be better than normal ATR for stop loss, because it does not keep large values after pump or dump. It is very useful for high volatile markets like crypto markets.
These bands are a combination of Fibonacci multiples of standard deviations, combined with specific time-frame moving averages. They are meant to be used similar to a Fibonacci Retracement pull, but with more dynamic and real-time updates on them. These bands print their next value at the opening mark of a candle, and so will not fake you out. You can expect to...
Plots ATR bands around candles at any HTF resolution you desire, taken in through the inputs. The white line represents the open of the HTF, the red and green the expected boundaries. You can use the risk tolerance slider up/down to adjust how risky you want to be with the ATR bands. I am not responsible for outcomes using this method, indicator or anything else....
SuperTrendRange study attempts to determine the state of the market • whether a well-established bull/bear trend is present • whether the market is trading in a range SuperTrendRange (STR) takes into account the volatility of the market - further details regarding volatility can be found in the description of “Volatility Bands by DGT” study Due to its...
This is my bread and butter when trading futures . - 3 Standard Deviation Bands (Above and Below) - Yesterday's VWAP and Band Levels - Labels to help keep track of levels - Ability to define resolution (I use Daily for my intraday scalping and Weekly/Monthly for context)
The following script is an application of the Z-Score (previous script). Z-Scores can be used in place of standard deviation (sigma) in 'Bollinger Bands'. The average of the sample (x-bar) over 21 days (N) 21 average trading days per month, fixed value The average of the population (mu) over 63 days (n) 63 days per quarter, default is set to 63 Z-Score...
Portfolio Metrics **New** 'returns' 'log returns' 'geometric returns' portfolio alpha portfolio beta portfolio,market correlation portfolio standard deviation portfolio variance mean portfolio returns maximum drawdown maximum gain
Portfolio Metrics... Standard Deviation Jensen's Alpha Beta Expected Return (CAPM, Ra) Sharpe Ratio Treynor Ratio
Hello traders, today I wanted to present you something special. I present you the Exertion Meter! Created from scratch, this idea is based on a theory of mine called "Exertion". Exertion occurs when price moves beyond the previous bar's range thus it has "exerted itself". The idea is that when price moves a lot, it exerts a lot of energy which eventually leads...
This indicator plots Standard deviation levels and Fib. Pivot Points. I prefer to use only SD levels but Fib. levels also come handy in providing support and resistance. How to use this indicator: You have to manually enter instrument's Closing Price / Settlement Price and VIX closing price to draw each day's levels. For NQ, I use VXN closign price and for ES...
A new idea of mine that I am presently experimenting on for my trades. The DVI bands is based on my previously published DVI script: The Directional Volume Index (DVI) is defined as follows: DVI = VWMA (len1) - SMA (len2), where by default, len1==len2 The position of the DVI above/below the current price provides volume confirmation of the direction...
This indicator is standard deviation bands using a live analysis adaptation of Richard Arms' Volume Adjusted Moving Average as their basis. VAMA utilizes a period length that is based on volume increments rather than time. • SampleN - N volume bars used as sample to calculate average volume , 0 equals all bars. • VAMA Source - Price used for volume...
Indicator tracks percentage distance between current price and its historical deviations, to produce premium and discount zones, suggest mean reversions,cooldowns and pullbacks Script so far is traditional,simple, and straight forward ,tinkered it real quick on friend request after failing to find properly done and intuitive work on Bollinger Bands % in pine...
As a second alternatively based trendline script this is the Standard Deviation vesrion. This script draws trendlines from the pivot points in the price chart. The angle of the trendlines is determined by (a percentage of) the Standard Deviation. The angle follows the change in price, compared to the StDev at the moment where the pivot point is detected The...
VWAP Standard Deviation Multi-Time Frame indicator shows VWAP , 1 standard deviation price from the VWAP, 2 standard deviation price from the VWAP and 3 standard deviation price from the VWAP These lines are value regions and usually act as great support and resistance . For best results allow the VWAP to develop in the beginning of the time frame, for almost...
The Trend Analysis Indicator was created by Adam White (Stocks & Commodities V. 10:8 (358-360)) and this is not to be confused with the Trend Analysis Index which was also created by Adam White. The stock is trending when it is above the signal and loses steam when it falls below the signal. Generally you should buy when it is above it's signal and sell when it...
The Variable Length Moving Average was created by George R. Arrington Ph.D. (Stocks & Commodities V. 9:6 (219-223)) and I'm really loving this indicator. It is a great moving average that hugs the price very closely and it is fully adjustable to your needs. It detects signals extremely well and I have color coded the moving average line to make it very easy to...