bar’s open price (open) from its close price (close). That gives the size of the bar’s body. The difference between the open and closed is the candle’s body range. The colour of a candle’s body shows the direction of prices. if Close > Open then it's Bullish Body Candle & if close < open then it's Bearish Body Candle. Stronger the interest of buyers or sellers...
Description: The "Bollinger Bands Percentile (BBPct) + STD Channels" mean reversion indicator, developed by AlgoApha, is a technical analysis tool designed to analyze price positions using Bollinger Bands and Standard Deviation Channels (STDC). The combination of these two indicators reinforces a stronger reversal signal. BBPct calculates the percentile rank of...
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...
🔶 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...
💎 GENERAL OVERVIEW Introducing a groundbreaking support and resistance indicator designed to revolutionize your trading experience on TradingView! This innovative tool operates across three distinct timeframes, offering a comprehensive view of market dynamics to help you make informed trading decisions. The indicator offers a large variety of features : ...
█ Introduction and How It Is Different The "Elliott's Quadratic Momentum - Strategy" is a unique and innovative approach in the realm of technical trading. This strategy is a fusion of multiple SuperTrend indicators combined with an Elliott Wave-like pattern analysis, offering a comprehensive and dynamic trading tool. It stands apart from conventional strategies...
🎲 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...
Highlight candle tails in a trend in order to find previous area of resistance or support. Recommended for D, W or higher timeframes.
The "Hammer and Inverted Hammer" indicator is straightforward and effective. It automatically spots key candlestick patterns for you, making it easier to see potential market turns. You can also adjust a few settings to fit your trading style. Simple, yet quite handy for traders! Alerts for Hammer Pattern: When the script identifies a Hammer pattern, it can...
High Volume Candles Indicator: This is a simple tool that shows you when there's a lot of action in the market. It highlights the candles with the highest trading volume on your chart. What It Does: Picks the Busiest Candle: It points out the candle with the most trading in your set time. Shows Buying and Selling: Green for lots of buying, red for lots of...
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...
The Cumulative Volume Value (BTC) indicator is designed to visualize and analyze cumulative volume data specific to Bitcoin. This indicator provides insights into the total volume transacted over a time, aiding in understanding market activity and potential value of Bitcoin. It considers whether the closing price is greater than the opening price over the...
It calculates and plots zigzag lines based on volatility and price movements. It has various inputs for customization, allowing you to adjust parameters like source data, length, deviation, line styling, and labeling options. The indicator identifies pivot points in the price movement, drawing lines between these pivots based on the deviation from certain price...
This script attempts to use Exponential Moving averages (short-term and long-term convergence) of different lengths in order to identify trade entries and exits for bullish & bearish trades. I would strongly recommend using it on Bank nifty , Nifty 50 . You use this script by entering a trade when it signals a green CALL signal with a UP label and exiting when...
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...
Overview TrendFriend (TF) combines various technical analysis components, including trend calculations, moving averages, RSI signals, and Fair Value Gaps (FVG) detection to determine trend reversal and continuation points. The FVG feature identifies potential consolidation periods and displays mitigation levels. Features Trend Analysis: Utilizes short and...
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...