This script adds red/green blocks to the top of every chart that show the current daily Heiken Ashi candle colour, so even when you're on a 1h or 4h chart you can quickly see if the current day is bullish or bearish. The higher timeframe is customisable too, so if you prefer to use weekly HA values, then now's your time to shine. Useful for quickly going through...
A modified RSI that also allows smoothing. Designed to better get you into trends, both long and short compared to the standard RSI. The 20, -20 and 0 lines work well for both entries and exits in either direction. Visual style can be adjusted if you just want a line, histogram or area, I've added a few options.
This is a simple Day Trade indicator, but can be used for swing and long term trades. It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows. The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout...
// Alerts based on 2 moving average Strategy // Greatest effect on 2H time frame // Created and based on Binance chart // Working with comission // No repaints
// Strategy based on 2 moving average // Greatest effect on 2H time frame // Created and based on Binance chart // Working with comission // No repaints
SMI LRS Diagram based on Linar regresion and Smoth Stochastic Momentum Index
this script is the triple exponential smoothed moving average with integrated bull and bear power bar. the default values are based around the GVT token, experimenting with other values may work against other alts. how to use: -if the signal wave crosses above the power bar the trend is up -if the signal wave crosses below the power bar the trend is down. -if...
An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red. === Bar Color Meaning === Green: uptrend Yellow: don't care Red: downtrend I think it can be useful! Thanks!
Another Adaptive Filter This indicator share the same structure as a classic adaptive filter using an exponential window with a smoothing constant. However the smoothing constant used is different than any previously made (Kalman Gain, Efficiency ratio, Scaled Fractal Dimension Index) , here the smoothing constant is inspired by the different formulations for...
This indicator is hybrid of some indicator with some modification The system is very simple (red sell, green buy ) you can use ATR system , part of price system or traditional system . and for each time frame that you use set the TF =tf to same time frame or higher then the frame that you use Its has many nice functions but in basic it show you the up trend of...
There are two components to this script: 1. The moving averages that are plotted to visualize the trend 2. The squares plotted at the bottom of the chart are a combination of Trend Detector 3.0's two set of squares. Green = bullish, yellow = undecided, red = bearish. Use on multiple timeframes to help plan out trades.
thanks to lazy bear for the initial scripting and the below instructions on TDI: Traders Dynamic Index =============================================================== This hybrid indicator helps to decipher and monitor market conditions related to trend direction, market strength, and market volatility . TDI has the following components: * Red/Green line =...
Synergy Stats This indicator is intended to complement the Synergy indicator. It provides the following statistics: A percentage showing how often the two assets move in the opposite direction over a given lookback period. Similarly, another percentage showing how often the two assets move in the same direction over the same lookback period. Count the...
Synergy This indicator was developed for use in an investigation/tutorial using Pine Script to analyse Gold and US Dollar Index correlation. The first indicator shall measure the percentage change between the open and close of each bar and compare it to the same percentage change of an alternative asset. Additionally, we shall color the background when the two...
STRATEGY BASED ON CONVERGENCE / DIVERGENCE MOVING AVERAGES (MACD) SIGNALS