This script allows users to visualize the state of the VIX Futures Term Structure. The user is able to select from five CBOE VIX Indices; VIX, VIX9D, VIX3M, VIX6M, and VIX1Y and the script will color the candles based on the price relationship between selected indices. Visit the CBOE website for more info on how the various VIX indices are calculated.
This indicator shows the trend of an asset (nifty, crypto, forex, stock, etc., taking as a starting point the volatility and direction of the market. When the moving average slope crosses up CFB (see CFB explanation below) it is BUY. When the Moving Average Slope crosses CFB down it is sell. The system also has a support and resistance (daily, weekly, or...
What if we took the best elements from the Donchian Channel and the Ichimoku cloud and combined them into a complete system? Strengths of the Donchian Channel: -Dynamic support and resistance -Measures volatility Strengths of the Ichimoku Cloud: -Can detect when price is trending vs ranging -Retracement zones -Trend identification === HOW TO USE THE INDICATOR...
Today I propose a novel idea of plotting pivots, this can be also considered as Value areas/Noise areas. *What is it? Its a simple concept of gauging price action with respect to its most time spent in a particular range, this is usually denoted as Value area in the Market profile concept, where that "most" word is represented by 70% of the price action. ...
Major discretion to identify quality setups apply: The TT setup essentially looks to exploit a concept in trading that we can refer to as meta games, which is defined as the approach to a game, in this case trading the markets, that transcends or operates outside of the prescribed rules of the game, using external factors (psychology) to affect the game. This...
This script uses the gap in moving averages standardized to the average true range to determine entry and exit points. The red line represents the current percentage of ATR that is deemed "The Dead Zone" - a move that is too small to be reliable. The histogram represents the gap between moving averages. When the histogram is above the red line, it confirms a...
This is a follow on from this script Allows a further breakdown and examination of Sigma spikes by hour of the day or hour of the day & day of the week. For simplicity it MUST be used on H1 chart.
A simple code to plot Hull MA with colour coding of plot fill and price bars based on strength.
This indicator is a compliment to Exponential Deviation Bands . It is the difference between the upper and the lower bands divided by the middle band. It is an easy way to visualize consolidation before price movements or periods of higher volatility. How it works During a period of high volatility, the distance between the two bands will widen and Exponential...
Hi This indicator introduce way to find inflection point using volume increase ratio. Thanks!
This indicator gives segmented buy and sell signal using with fear and greed index. When market prices goes down or up and cross fibonacci levels the indicator gives buy or sell signal. Fibonacci levels can be set indicator settings. For using auto trade systems and based contrarian trade logic. For use message me.
Prints lines on the chart marking the price points for the standard deviation move using historical volatility. This script was born out of a need to easily spot target points for the wings of my Iron Condor Options trades. The study only shows on the Daily chart. Volatility is calculated based on the standard deviation of the daily returns of price. Price...
This indicator goes with the Gregoire Channel (not shown). It measures the distance from an edge to the middle of the channel. This serves two purposes: 1) Volatility adjusted position sizing 2) Options buying/selling ----------------- The formula for volatility adjusted position size is: (account value * risk) / (GC Width / Entry price). For example, let's...
Dragonfly Study version plus statistics panel Successful traders trade with a fixed plan and without emotion, but this a lot harder than many new traders think. Many never master this skill and suffer continual drawdowns on their accounts as they overtrade high leverage positions in volatile markets. ĐΜŦ Autobot resolves this issue by taking the human element...
Applies Ehlers Fisher Transform on to Bollinger Band Width (BBW). Useful for identifying expanding and contracting volatility.
Hello Traders, Recently we got new features in Pine such Arrays of Lines, Labels and Strings. Thanks to the Pine Team! ( here ) So I decided to make new style of Multi Time Frame indicator and I used Array of Lines in this script. here it is, RSI Multi Time Frame script. it shows RSI for current time frame as it is and also it gets RSI for the Higher Time...
This script calculates the Implied Volatility (IV) based on the daily returns of price using a standard deviation. It then annualizes the 30 day average to create the historical Implied Volatility. This indicator is intended to measure the IV for options traders but could also provide information for equities traders to show how price is extended in the expected...
Japanese below / 日本語説明は下記 Summary This indicator shows Bollinger bands with plus/minus 3σ bands and lagging span(called chikou span in Japanese as used in Ichimoku cloud) showing alert when lagging span crossing plus/minus 2σ bands, which are buy/sell signal respectively. Bollinger bands are one of frequently used technical analysis indicators in trading and...