Normaly Pivot is calculate from the last candle. Future Pivot is calculate from the running candle. The Future Pivot Indicator is usefull at the end of a period (11pm, Sundays, and end of the month) Have Fun Please do not Copy&Paste, use this Link Have Fun
I used the build-in divergence indicator and fine-tuned the divergence provision. Alerts have also been added and ema12 for extra trend determination. The background color indicates the bearish and bullish zones. Bullish divergence are indicated with a green line and dot Bearish divergence are indicated with a red line and dot Hidden divergence are indicated...
The Variation Oscillator is a volatility-type indicator. This indicator is based on a statistical measure known as coefficient of variation (COV). COV is a standardized measure of dispersion for a set of values. COV = 100 * standard deviation / mean This oscillator measures the difference between COV and its sma and plots this difference. Formula: Oscillator...
This indicator shows 1 and 2 standard deviation price move from the VWAP based on VIX. Implied Volatility (IV) is being used extensively in the Option world to project the Expected Move for the underlying instrument. VIX is used as a proxy for SPY's IV for 30 days. This indicator is meaningful only for SPY but can be used in any other instrument which has a...
Average True Range Bands The 30-day Average True Range is useful in Futures and Forex trading for placing stop orders for entry. In the example above, a trader may want to initiate a Short position on a break below the support trendline. A good place to enter this trade would be a price break below the support trendline minus 50 to 100% of the current ATR...
It is a highly configurable Bollinger Bands implementation. You can choose different moving averages: EMA, SMA, WMA, VWMA, RMA (Wilder's EMA), ZLEMA, HMA (Hull MA), ALMA Select between standard or mean deviation You can use "High" or "Low" for upper and lower bands, which makes them much better for dynamic support-resistance You can shift (offset) right...
A Fibonacci Bollinger Bands indicator with automatic timeframe detection. The timeframe reverts to the value specified in settings when viewing Daily, Monthly or seconds-based charts. Based on: Bollinger Bands Fibonacci ratios by Shizaru (/script/bCy9urOG-Bollinger-Bands-Fibonacci-ratios/)
Simple indicator with the thought of merging MACD and ATR. The idea has come from trying to find a way to define sideways markets. Whipped this up quickly to explore the idea. Feel free to throw in suggestions or even mention other open source indicators that define sideways markets well. Simple instructions If histogram green, breakouts/trade zone. If histogram...
This is a centered triple oscillator which measures RSI, RVI (volatility), and Coppock Curve (trend). This is centered so it ranges from negative 50 to positive 50. This indicator is used most accurately when all 3 indicators show above/below 0. RSI is the bright pink line. RSI determines strength in a direction. When it is above 20 or below -20, a pullback is...
Parabolic SAR can reverse often in choppy environments. Power PSAR will indicate only when there's sufficient slope that cuts through the prior PSAR trend lines.
Hello Traders, This script analyses divergences for 11 predefined indicators and then draws column on the graph. Red columns for negatif divergence (means prices may go down or trend reversal), Lime columns for positive divergences (means prices may go up or trend reversal) The script uses Pivot Points and on each bar it checks divergence between last Pivot...
TimeSync by Kingthies Written in Pine v4 Applies one function that was published in the Tradingview Pinescript Manual The Motivation behind this script - Time is 50% of your chart. Many ignore it entirely. This should help give an idea on how to read it and incorporate it in their analysis. TimeSync by KingThies takes a simple concept and turns it...
PSAR works well as trailing stop loss (or WinStop), but is often whipsaw'd as it detect trend changes over enthusiastically. So, a filter to validate trend changes was added. It basically requires 3 straight bars completely breaking the prior saved PSAR level. Enjoy!
Plots the All Time High and All Time Low, with optional labels when a new ATH/ATL is created. Reaches all the way back in history for the true high/low, not limited to the most recent 5000 candles like most scripts. Works on all time frames.
1. Shows TR at daily bars 2. Shows ATR lines intraday: 100% and 75% (customizable) 3. Shows hint with ATR for current day and percent passed 4. Show high and low of the 1st hour