This is a simple implementation of the MFE/MAE Tool for TradingView. It's a quite powerful tool and pretty useful in systematic trading, but I don't see many trader using it these days. It's created for EMA cross, but you can easily change it to use your own signals. What is MAE/MFE Tool MAE stands for Maximum Adverse Excursion - Worst P&L during the...
(FibMAI) Fibonacci Moving Averages Input is a strategy based on moving averages cross-over or cross-under signals. The bullish golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average. The bearish death cross appears on a chart when a stock’s short-term moving average, crosses below its long-term moving...
This is an intraday strategy for NIFTY50 Based First candle High and Low breakout. The strategy takes user inputs for the start and end dates, start and end months, and start and end years, which define the time range to trade. The user can also specify the maximum number of trades to take during the time range and the length of the Exponential Moving Average (...
Fibonacci Volatility Bands are just an alternative that allows for more margin than regular Bollinger Bands. They are created based on an average of moving averages that use the Fibonacci sequence as lookback periods. The use of the Fibonacci Volatility Bands is exactly the same as the Bollinger Bands.
Fairly straightforward script that allows you to plot the current price and % either above the last candle and/or to the right of it. There's also 2 price "follow" lines that you can turn off and on, much like the bid/ask line that's built in to TV. You can also choose to enable a specific % above/below current price to give you an idea on where price would be...
Dr. Scott Cong's new adaptation of an adaptive moving average (AMA), featured in TASC March 2023. It adjusts its parameters automatically according to the volatility of market, tracking price closely in trending movement, staying flat in congestion areas. Perry Kaufman’s adaptive moving average, first described in his 1995 book Smarter Trading, is a great...
Rekt Edge Reversion band is a technical indicator that utilizes a combination of moving averages and standard deviations to determine optimal entry and exit points in the market. By comparing the current price to its moving average, the indicator identifies potential trends and determines how you can position around them by plotting buy/sell signals and two...
Hi folks, just some quick work inspired by ThinkScript code from @stephenharlinmd (the Doc). This indicator seems to be intended for lower timeframes (3 min was used for example), and indicates long and short opportunities based on crossovers of the two lines. The slow reference line is an EMA20. The fast line is referred to as an "Instantaneous Moving Average",...
The New Adaptive Moving Average was created by Scott Cong (Stocks and Commodities Mar 2023) and this is a companion indicator to my previous script . This indicator still works off of the same concept as before with effort vs results but this indicator takes a slightly different approach and instead defines results as the absolute difference between the closing...
Crossing Table V1 I created this indicator as it had been asked for a number of times to create a crossover/under table screen and here it is!!! The indicator is set up to be selected from SMA, EMA and Volume. The SMA is defaulted to 2/10 but it is customizable to whatever SMA you choose to use. Volume is based off a volume formula and the volume...
This strategy buys when price crosses above an upper Bollinger Band and sells when the lower band is breached. What makes this strategy different than others: Long only with filtering for only showing strong tickers Filter out trades below a moving average on both the current timeframe and a longer period timeframe to keep you out of bear markets Optional...
This is not your usual single moving average (SMA) indicator. It is an anchored SMA indicator. The anchored SMA does what other SMAs cannot--it stays at an anchored timeframe and presents that SMA relative to the timeframe you are in. For example, standard SMA indicators adjust to the timeframe you are viewing in your chart. So if you set it to a 20 day SMA...
EMAs play an important role in identifying the mood of the market. Frequently used short term EMA is 5 and long term EMA is 50. This script detects the crossover (+ve and -ve) and generates alerts accordingly. Steps to apply: 1) Open the script on a desired timeframe. 2) Add this indicator on the chart 3) Choose the values of the 2 EMAs from settings 4) Go to...
This script quantifies the energy in a price move by comparing the relationship of 3 configurable exponential moving averages present on a slightly higher timeframe (chosen automatically based on the charts current period). It uses the closing price by default, but this is also configurable using the Source input. There are a few ways to use the information in...
This indicator is a highly customizable moving average ribbon with some unique features. This script can utilize multiple unique sources, including a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the MA ribbon....
Normalize compares the price of an asset across different timeframes. I have used the daily, weekly, and monthly timeframes. The resulting plot shows the degree to which the instrument deviates from the timeframes. Users can choose their period if desired.
Five Moving averages. Choose from several types, SMA, EMA, SMMA etc... Has X and Y offset.
This oscillator comprehends two different indicators: - The first one is a MACD but calculated using the Hull Moving Average. - The second one is to show the direction in which the Hull Moving Average is going. Notice that in the first indicator, the histogram is colored as follows: - If the volume pressure (difference between the volume-weighted moving average...