It just shows in Percentage the distance to the ATH, useful to find S%R levels and maybe even find overvalue
This is Dynamic Support / Resistance script. How it Works? It finds Pivot Points and creates channels for each Pivot Point. Channel size is calculated by (Highest - Lowest) * %Channel_size in Loopback Period. After creating channels it calculates that how many Pivot Points in the channels. more Pivot Points in channel means stronger Support/Resistance. in the...
OBV plotted with Bollinger Bands to show whether the volume is breaking out from its normal deviation (both up or down). The OBV changes color depending on the macro trend which is set using a 100 EMA.
Mashed together Chris Moody's ADX thing with his DMI thing. So you can see trend strength + direction green-ish = uptrend-ish//red-ish = downtrend-ish Colors can be adjusted though. below 10 = gray, not much going on 10 - 20 = light green/light red, could be the beginning o something 20 - 40 = bright green / bright red, something is going on above 40 = dark green,...
Price is never wrong, but sometimes reading it can be tricky. Movements in the broader market or a sector can distract from a symbol that's been steadily trending in one direction or another. Sometimes the beginning of a move can also be so subtle that it flies under most people's radar. Price Streak can help overcome these limitations by tracking consecutive...
Trade System created to facilitate the visualization of crossing and extensions of the movements with Bollinger bands. Composed by: Moving Averages of 21, 50, 100 and 200. Exponential Moving Averages: 17,34,72,144, 200 and 610. Bollinger bands with standard deviation 2 and 3. How it works? The indicators work together, however there are some important...
Hello Everyone! This is my new trend lines script (after beta version that was published almost one year ago) The idea is to find Pivot Highs (PH) and Pivot Lows(PL) first. Then, If current PH is smaller then previous PH (means no new higher high and possible downtrend) then draw trend line using them. and also it checks previous trend line (if exits) and if...
MARKET DELTA INDICATOR v0.5 beta Market Delta is suitable for daytrading on intraday timeframes, is a volume based indicator which allows to see the UP VOLUME vs the DOWN VOLUME, the DELTA (difference) and the CUMULATIVE DELTA (cumulative sum of difference) between them This indicator is based on contracts volume (data avaiable), not in ask/bid volume (data...
Hindenburg Omen signals should be canceled if McClellan Oscillator turns positive or 30 days passes after the signal. I just added the McClellan Oscillator cancellation criteria to Boombotcom's Hindenburg Omen Clean script. This way you can avoid being bearish for too long and spot the turning points in the market quicker.
Hello traders This is an upgraded version of my Dollar Cost Average (Data Window) script 1 - What is Dollar-Cost Averaging ( DCA )? Dollar-Cost Averaging is a strategy that allows an investor to buy the same dollar amount of investment at regular intervals. The purchases occur regardless of the asset's price. I hope you're hungry because that one is a...
MARKET INTERNALS INDICATOR v0.5beta Market Internals are suitable for day trade equity indices, named SPY or /ES, please do your own research about what they are and how to use them This scripts plots the NYSE market internals charts as an indicator for an easy and full visualization of market internal structure all in one chart, useful for SPY and /ES...
As requested a TEST script when possible future Harmonic Patterns may occur, in this case the ABCD pattern. When A, B, C are valid, the script will plot 2 lines between A-B and B-C, together with 2 white arrows,,where D MUST be in the future to become a valid ABCD pattern. First of all, D MUST be a Pivot point, after which D must lay between D- and D+ In a...
#Let the index/stock trade for the first fifteen minutes and then use the high and low of this "fifteen minute range" as support and resistance levels. #A buy signal is given when price exceeds the high of the 15 minute range after an up gap. #A sell signal is given when price moves below the low of the 15 minute range after a down gap. #It's a simple technique...
yellow band: HL2 based upper red band: High based lower red band: Low based
The script is not finnished yet and show's an other interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe. Your Step : Like and Share ;) have a good year 2020...
OBV is the 'On Balance Volume' indicator and is part of the 'keeping it simple' series that have a similar color scheme. the OBV measures buying and selling pressure as a cumulative indicator, adding volume on up days and subtracting it on down days. The OBV can show divergences or confirm trend.
This was a follower suggested script. This script compares the USDT and BTC relative prices of a particular altcoin traded on Binance by calculating it's USDT price comparative to BTC. This is a very simple calculation (ALT/USDT price divided by ALT/BTC price). From there, we simply subtract the BTC/USDT price from the ALT ration price and we can see if a coin...