מתנדי רוחב
[RD] high / low lines pv4 v1==================================================================
July 7 2019 - high / low lines pv4 v1 - by RootDuk
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Easy script to draw some lines on the input variable barsback.
You can extend the lines on the sides: left, right, both or none.
With the show variables (bools) you can show or hide the lines
Lines: high to high, low to low, high to low or low to high
Easy way to find support / resistance based on the past with
extended lines. Cheers and enjoy
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Notes
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Hope TV (pinescript) will get color inputs for line or a type color so we can
easily create inputs for colors for lines. Now its static. If someone knows
another way, pls let me know, i'll integrate it
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Updates
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Non so far v1
Fast Squeeze For Bollinger BandsUse with bollinger bands, it highlights more recent price range.
Wen price action tightens it will change color from green to orange and then red.
This indicator uses a low timeframe and shows the upcoming mini-squeezes much faster and visually fits into bbands.
OBV Z-ScoresThis study calculates the On-Balance Volume (OBV) and displays it in terms of its Z-Score.
OBV is a great momentum indicator . As the name suggests, OBV predicts changes in price based on the security's volume flow.
Formula:
if (Current Price > Previous Price)
then Current OBV = Previous OBV + Current Volume
if (Current Price < Previous Price)
then Current OBV = Previous OBV - Current Volume
if (Current Price == Previous Price)
then Current OBV = Previous OBV
As the formula shows, the OBV goes a step beyond just looking at the pure volume of a security. Instead, it factors in relative price action from period to period to reflect investor sentiment. As a result, we often look to the OBV to spot bullish or bearish trends while they are in the early stages of development or simply predict impending uptrends or downtrends.
To make the OBV easier to visualize, we converted the value to a Z-Score. The Z-Score is a simple statistical measurement and represents the current OBV value's distance from the mean OBV value in terms of # of standard deviations.
Users can adjust the values for the 2 upper bounds for Z Scores and 2 lower bounds. Additionally, the n value for z score calculation can be adjusted in the input menu. A higher n value means the z score will be based on a longer lookback period. A lower value will result in more sensitive readings.
Overall, I think this is an interesting way to represent OBV values and will be a valuable leading indicator.
~Happy Trading~
Cryptohopper OBVCryptohopper is an automated trading platform where you can automate your strategy based on technical indicators and candlestick patterns. OBV is one the indicators that you can automate with Cryptohopper.
How can you automate it? OBV gives a Buy signal when the OBV value crosses up its moving average (default: EMA) and a Sell signal when it crosses down its moving average.
If you include volume analyses in your trading strategy, automating OBV will give buy signals whenever volume and price are rising altogether.
Start automating your trading in Cryptohopper.com
--CRYPTOHOPPER--
[RS]ZigZag Percent Reversal - Forecast - patterns - labels description:
• Zig Zag indicator plots points on the chart whenever prices reverse
by a percentage greater than a pre-chosen variable.
• Forecasts area based on zigzag statistics.
• Displays labels with detected patterns.
• Displays slope information rate of price, time diferentials and angle(experimental)
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BTC DominanceThis Script plots the BTC Dominance chart in an indicator window, so you don't have to bother with tabs as much when doing your analysis.
tips are always welcome at: (38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4)
I hope you enjoy the script :)
Session AverageThis indicator finds the average time of High or Low formed in sessions.
This is a request from trader @Salmanmahmood15 . You need permission from him to fully use it
relative strength to BTCIt compares how much the asset has gone up or down in % more or less relative to BTC % increments.
It can also be converted into an oscillator
