The "BarChangeDelta" indicator, facilitates the calculation of price delta or percent changes between user-defined start and end points within the current or between preceding and current bars. It offers several customizable options to fit various trading strategies. // ================================================== INFO...
This indicator is designed to provide traders with insights into market sentiment and potential trend reversals. This indicator enhances the traditional Bull Bear Power (BBP) by adding valuable visualizations and customization options to assist traders in making informed trading decisions. Indicator Overview: The NBBP indicator calculates Bull Bear Power,...
The Smart MA indicator is a tool designed for traders seeking insights into market trends, with its foundation rooted in moving averages. It offers two distinctive color options, with "Crossing" as the default choice and "Direction" as an alternative. Let's delve deeper into these options: 1. "Crossing" Color Option (Default): Key Features: Utilizes the...
Idea Behind: Buying the short-term trend that shows a pin-bar candlestick pattern. Meant to be traded on a daily chart / higher timeframe. To determine the short-term trend we use short EMA such as 8-16-30 and check the slope of each one, and definitely, the shorter one must be above the longer one for an uptrend. Vice versa for a downtrend. To determine a...
Webby's Quick & Grateful Dead RS combines a Relative Strength Line and Moving Averages to help traders hold a core position in a winning stock by identifying moments of strength and weakness in a stocks advance. The Relative Strength (RS) line is something many investors are familiar with. It is used to measure a stocks performance versus the S&P 500 (default...
Stablecoin Dominance Indicator The Stablecoin Dominance Indicator is a powerful tool designed to analyze the relative dominance of stablecoins within the cryptocurrency market. It utilizes a combination of regression analysis and standard deviation to provide valuable insights into market sentiment and potential turning points. This indicator is particularly...
The "Sentiment Range MA" provides traders with a dynamic perspective on market activity, emphasizing both stability in chop zones and quick adaptability outside of them. Key Features: Chop Zone Stability: In choppy markets, this indicator remains consistent, filtering out the noise to provide a clear view. Quick Adaptability: Should the price break out...
The "Velocity and Acceleration Signals" indicator is a versatile tool designed to provide traders with valuable insights into price momentum and acceleration. By harnessing the power of mathematics and visualization, this indicator helps traders make informed decisions in the fast-paced world of financial markets. Crunching the Numbers: How It Works At its...
The Kaufman Efficiency Ratio (also known as the Efficiency Ratio or ER) is a technical indicator used in technical analysis to measure the efficiency of a financial instrument's price movement. It was developed by Perry J. Kaufman and is designed to help traders and analysts identify the trendiness or choppiness of a market. The Kaufman Efficiency Ratio is...
█ Overview: The MA Slope calculates the slope based on a given moving average. The Moving Average Slope indicator allows you to identify the direction and the strength of a trend. It calculates the rate of change in percentage based on the user-defined moving average. █ Calculation: This indicator calculates the slope based on the changes of moving average and...
Z-Score-Asymmetrik User Manual Introduction The Z-Score Indicator is a powerful tool used in technical analysis to measure how far a data point is from the mean value of a dataset, measured in terms of standard deviations. This indicator helps traders identify potential overbought or oversold conditions in the market. This user manual provides a...
While exploring the new Pine Script feature, Polylines, I've created a fun project called the Ice Cream Volume Profile for the visible range. This fun project serves several purposes: It displays the level at which the most trades (volume) occur. It provides Delta volume information. It counts how many times a bar closed within this level. ...
Hello Traders :) I am Only Fibonacci. My purpose in coding this indicator was to detect support and resistance more easily. What is the working principle of this indicator? This tool detects pivot points. If the length of the sell pin is higher than the length of the buy pin, it is considered as resistance. It detects the formation according to the length of...
The ADX Trend Confirmer aims to give traders or algorithms a way to confirm a trend before entering a trade. While the default for ADX is a smoothing factor of 14 and a length of 14 to measure directional strength. In my experience this is a lagging indicator and not the best for confirming if the market is trending. 🟢 What are the methods used for confirming...
The SuperTrend Polyfactor Oscillator is an oscillator based on the popular SuperTrend indicator that aims to highlight information returned by a collection of SuperTrends with varying factors inputs. A general consensus is calculated from all this information, returning an indication of the current market sentiment. 🔶 USAGE Multiple elements are...
Introducing the "SML Suite" Indicator The "SML Suite" is a powerful and easy-to-use trading indicator designed to help traders make informed decisions in the world of financial markets. Whether you're a seasoned trader or a novice, this indicator is your trusty sidekick for evaluating market trends. Key Features: Three Moving Averages: The indicator...
Hello! This script "Zig Zag Open Interest Footprint" calculates open interest x price values for zig zag trends! Features Open interest footprints anchored to zig zag trends Summed OI x price level footprints Total OI (for each category) for the entire trend shown Standard POC lines, in addition to separated POC lines for each category of open interest x...
█ Overview The Volatility Trend (Zeiierman) is an indicator designed to help traders identify and analyze market trends based on price volatility. By calculating a dynamic trend line and volatility-adjusted bands, the indicator provides visual cues to understand the current market direction, potential reversal points and volatility. █ How It Works The...