Mssive credit to Motgench, Balipour and Wugamlo for this script. This script is all of their good work. It is basically just the non-on chart version which I've slightly tweaked off their script. This can be useful to reduce the clutter on the chart itself. Releasing it in the hope that it can be useful for the community Enjoy!
The Schaff Trend Cycle (STC) is a charting indicator that is commonly used to identify market trends and provide buy and sell signals to traders. Developed in 1999 by noted currency trader Doug Schaff, STC is a type of oscillator and is based on the assumption that, regardless of time frame, currency trends accelerate and decelerate in cyclical patterns.12 How...
The Bollinger Bands Breakout Oscillator is an oscillator returning two series quantifying the significance of breakouts between the price and the extremities of the Bollinger Bands indicator. Settings Length: Period of the Bollinger Bands indicator Mult: Controls the width of the Bollinger Bands Src: Input source of the indicator Usage Each...
You can filter the trend with this indicator. Green Lines indicate a short-term up trend and Red lines indicate a short-term downtrend. and black lines indicate short-term consultation. I'm not regarding anything with this indicator. All risk is yours Thank you
This code shows expected reaction target prices after sudden moving based on MFI . Red area means the price is on overbought area, green area means the price is on oversold area. If you see red area under price, you can make short option to next to the horizontal beginning price of red area. If you see green area over price, you can make long option to next to the...
This indicator is an addon to any oscillating indicator. It shows divergences. It shows realtime divergences too. Realtime divergences are potential divergences because the actual pivot is not fully formed. It shows: Regular Bullish Divergences Hidden Bullish Divergences Regular Bearish Divergences Hidden Bearish Divergences Reatime divergence lines...
Level 2 Background John Ehlers’ articles in the July issues on 2022,“Pairs Rotation With Ehlers Loops, Part 2” Function In part 1 of his article in the June 2022 issue (“Ehlers Loops”), John Ehlers uses a relationship of price and volume to determine if any predictive value can be obtained. His technique, called Ehlers Loops, aid in visualizing the performance...
ReDraw script calculates the historical returns and drawdown for the given periods. By default, the return of the linear regression trends is displayed (can be turned off in settings). In this mode, two linear regression trends are being computed for both long and short periods, and the percent value indicates the "return of the trend" for the corresponding...
This indicator shows correlation strength between the source asset plotted in the main chart and a user-input asset in the indicator panel. For example, if the main chart panel is displaying BTCUSD and the correlation indicator is NDX, then the correlation strength is plotted as the relationship between the two. A strong positive correlation target is set at 0.80...
# Squeeze Momentum 3 First of All, I would like to give my gratitude to for the initital script's idea. This is my own version of SQZMOM. I had revised all equations and parameters according to Investopedia. Still, no matter how much we stick to the indicator, the indicator can not see the future. Trading results vary from time to time. In my opinion,...
█ OVERVIEW TASC's July 2022 edition of Traders' Tips includes an article by John Ehlers titled "Pairs Rotation With Ehlers Loops". This is the code that implements the Ehlers Loops applied to pairs rotation trading. █ CONCEPTS John Ehlers developed Ehlers loops as a tool to visualize the performance of one data stream versus another. Initially, he used...
Credits to @wolneyyy - "Mean Deviation Detector - Throw Out All Other Indicators" And @algomojo - "Responsive Coppock Curve" And the default Relative Strength Index The candles are the average of the MFI ,CCI ,MOM and RSI values presented as candles, they seemed similar enough in style to me so I created candles out of each and the took the sum of all the...
INTRO / NOTES: This script is based on Market Cipher B Oscillator by Falcon The difference in this script is that only the useful points are printed on the indicator, namely Long and Short Trade Execution signals to be used by a bot, namely the PT Bot. The script also differs from the original that it has been upgraded to Pinescript v4 This oscillator can be used...
This indicator calculates the area under a pre specified length of candles (Interval Integral) When the area go high and the start dropping it will be an indication the we were in a correction and it's about to end.
Strategy based on Rainbow Oscillator .:: Features ::. Takes and Stops in percent Configurable indicator iside .:: Long condition ::. Indicator line is green (mean uptrend) and crossing averages generated from oscillograph signal fast is go up and crossing slow .:: Short condition ::. Indicator line is red (mean downtrend) and crossing averages...
Super Sniper Screener with Multi Indicator EMA Crossover, Trend, ADX, MACD, SSL, CCI, STOCHASTIC, RSI, HMA, QQE, WAE. Trade Entry/Exit with multiple Indicator for Multiple Assets and Multiple Timeframe. if you are on a Higher / Lower Time frame and are looking for Entry/Exit based on a lower timeframe then this indicator is the best. The all in one screener for...
The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows....
For Freddy, Use it with a Stoch of k Length 14, K smoothing 3 and D smoothing 3. Take the buy sell signals only when the Stoch is overbought or oversold.