It helps indicate the contraction point so that we can have a low-risk entry of a buy point. It followed the strategy of Mark Minervini. changing the lookback period input to change the percentile changing the Pivot Length to decide how many bars you would consider as a pivot changing the Close range to decide in how much percentage does the close range you would...
First time so idk what I'm doing lel I use vervoot volatility bands, relative strength index, and volume to determine the color of the bar - that's it I have candle colors inverted - you can change the regular and indicator bar colors in the settings Meant to help identify risk on and risk off areas
Hype-Coin Trade Manager is a stepped stop loss and trailing stop loss calculation tool. The Hype-Coin Trade Manager will allow you to provide to raw inputs for third party stop loss control software- all settings are adjustable. Functions Provided: Fixed % Stop Loss Stepped % Stop Loss Trailing % Stop Loss Third party connection via webhook URL...
This indicator provide short term trend information. 1. Green bar color indicates bullish trend and vice-versa for Red bar. 2. Dark green color indicates bar close higher than previous bar. 3. Dark red color indicates bar close lower than previous bar. 4. Bar close above green line indicates strong bullish trend. 5. Bar close below red line indicates strong bearish trend.
Essential for ALL Forex Day Traders! Don't waste your time trading Forex Sessions with little to no volume or volatility! The Advanced Forex Sessions tool will search through all 4 sessions, tally up the total volume and ticks moved, and show you which session has the most movement. It will show you the two best sessions on chart and optionally color the...
First, I'd like to thank all those coders who've inspired me to learn and code my own indicator. This is the result of tireless hours of work learning to code and tweaking until everything fits exactly what I was looking for. After using it for a while and seeing the benefits personally, I figured now might be a good time to share with everyone while we are in...
Overview The Surmount GausSAR is a simplified version of an idea to extend the basic Gaussian model by allowing for endogenous regime switching. Conditional on a given regime, the distribution of price changes is multivariate normal. However, when the endogenous regimes are integrated out, it becomes a mixture of Gaussian distributions . Concepts This approach...
An oscillator that manages to display the direction of volatility and volume in a single indicator. This allows viewing the trend in concert with the volume strength. Thus a trader can check if the price movement has volatility and volume behind it or not.
A NRTH_ Technical Indicator Study Comes included with the Premium Package. Indicator features Use Trailing ATR as a StopLoss for both Long and Short positions. Set Fixed Stop Loss or Take Profit levels based on current or previous candle close ATR values Customizable Period, Multiplier, and Calculation Method. Usage Tips Works on all timeframes...
This is a powerful tool if combined with other parameters. It's an advanced version of an RSI . It shows OB and OS conditions and price direction or shift of the trend. This indicator can be used in various ways with all markets. The current settings are designed to work with futures market. Combined with our TSI and Price action, RSI OBLIVION is the most...
The indicator has two parameters: the period and the number of splits. For the selected period, the maximum and minimum are calculated, and the scope of the market is determined by the difference between the maximum and minimum. The scope is divided by the number of partitions, thereby determining the step of the levels. If the average price (ohlc4) falls within...
This indicator automatically plots the chosen timeframe's high, low, mid point and open. These levels on higher timeframes act as support and resistance levels on lower timeframes, helping find entries, stoploss and profit targets. Most common timeframes to choose are Daily, 1W, 1M, and 3M. Other timeframes that are good include, 2D, 2W and 2M. For example, you...
Thank you @Lazybear for the calculations for squeeze and BB, and all of the other great pine-coders who inspired me to create my own indicator to share! This is the result of hours of work learning to code pine and tweaking until everything fits exactly what I was looking for. After using it for a while and seeing the benefits personally, I figured now might be a...
Hello Traders, I would like to introduce you ATR Trailing Stops S/R . The idea is to look for important levels that are identified by trailing stop line, where it usualy spents a lot of time without any move usualy turns out to be good level for bounces. Script for atr trailing line is originaly taken from: script made by @dgmoon It has various...
This, a very different script from most of mine, is my attempt at making a useful, and not messy, support and resistance indicator. If you've never looked into trader xkavalis, and his scripts and discord, I would highly recommend it. He talks about "pay attention candles" a lot. It got me thinking about what those are. Best as I can tell all he means by that...
This code is a modified version of the built-in "linear regression" script of Tradingviews which can be plotted correctly on logarithmic charts The log reg code of Forza was adjusted by altustro to generate an exponential regression (or a correct linear regression on the log scale, this is equivalent). The standard deviation in the log scale is a better volatility...
Combination of Volume Average Trend & Volume Power Range Able to Change Average Moving Type & Length = Depending on How Volatility /Smooth is Require on your Strategy 1# Color Green = The Volume On Trend Up 2# Color Red = The Volume On Trend Down 3# Spiking Higher Volume = End of the Top/ Bottom
This indicator seeks to mimic the conditions for Investors Business Daily's (IBD) Distribution Days that are tracked against the major indexes. A distribution day is when the market index is down 0.2% or greater and the current day's volume is greater than yesterday's. By default, when a distribution day occurs a red arrow above the bar will appear. The...