The script is designed to visualize and analyze discrepancies in the exchange rates of USDT to BRL (Tether to Brazilian Real) and USDT to BRZ (Tether to Brazilian Digital Token) across various trading platforms. It fetches the closing prices of multiple trading pairs from different platforms like Bybit, Binance, and Uniswap. The primary focus is to calculate and...
The ‘YD_Divergence_RSI+CMF’ indicator can find divergence using RSI (Relative Strength Index) and CMF (Chaikin Money Flow) indicators. 📌 Key functions 1. Search pivot high and pivot low points in a certain length of price. 2. Connect pivot high to pivot high , pivot low to pivot low , forming two standards for divergence in result....
Ichimoku Kumo Cloud Crossover Indicator The "Ichimoku Kumo Cloud Crossover" indicator is a custom technical analysis tool designed for use in the TradingView platform. This indicator is built to assist traders in identifying potential buy and sell signals based on a combination of Ichimoku Cloud analysis, Moving Average Convergence Divergence (MACD), Exponential...
The PhantomFlow Dynamic Levels indicator analyzes the dynamic volume over the period specified in the Period field. Channel boundaries can be used as dynamic support and resistance levels when trading within a range. The POC level also serves as a level at which the price may react during trend movements. The Period Multiplier parameter affects how many dynamic...
weekly map This indicator draws the Low and High of the weekly candle and divides it into the required percentages
Title: Noa: Z-distance from VWAP with Kalman Smoother Description: The "Z-distance from VWAP with Kalman Smoother" is a tool constructed on the premise that price evolves in distinct stages: normal or extreme trends (upward or downward) and transitional periods, termed as 'flips'. The Volume Weighted Average Price (VWAP) serves as a benchmark, representing...
The Intraday Volatility Bands aims to provide a better alternative to ATR in the calculation of targets or reversal points. How are they different from ATR based bands? While ATR and other measures of volatility base their calculations on the previous bars on the chart (for example bars 1954 to 1968). The volatility used in these bands measure expected...
This is an open source version of the original I posted a couple of years ago.... Multitple TimeFrame Swingarm system borrowing from the Blackflag FTS indicator. This throws up 5 resolutions of ATR thresholds, only showing the current bar level using a horizontal line across the full chart. I don't like the historical information charted, just need to know the...
This is a simple but effective indicator based on simple volume. What does this indicator for you: Zones are drawn on the basis of volume peaks. It is used for this purpose the closing price to the high or to the low depending on the direction of the candle. How can this be used: With volume peaks one assumes that a movement has reached your end for the time...
What Is Z-Score? Z-score is a statistical measurement that describes a value's relationship to the mean of a group of values. Z-score is measured in terms of standard deviations from the mean. If a Z-score is 0, it indicates that the data point's score is identical to the mean score. A Z-score of 1.0 would indicate a value that is one standard deviation from the...
█ CONCEPTS In modern day strategy optimization there are few options when it comes to optimizing a risk reward ratio. Users frequently need to experiment and go through countless permutations in order to tweak, adjust and find optimal in their data. Therefore we have created the Risk Reward Optimizer. The Risk Reward Optimizer is a technical tool designed to...
Trend lines have always been a key indicator that may help predict many different types of price movements. They have been well known to create different types of formations such as: Pennants, Channels, Flags and Wedges. The type of formation they create is based on how the formation was created and the angle it was created. For instance, if there was a strong...
This indicator was created for the AMPD program. We teach kids how to trade. The black car represents when the Stochastic RSI is under 5. The yellow car represents when the Stochastic RSI is in between 5 and 95. The red car represents when the Stochastic RSI is above 95. A sell signal is produced when the Stochastic RSI hit 100. A buy signal is produced when the...
This is a tool that is widely used Especially for Overbought and Oversold systems, but I have made some changes in this indicator, How to use it... I have set it as the default setting - RSI Length: 6 (<10 for scalping - 5m-15m) - Overbought: 70 - Oversold: 30 What is unique about this tool? we can see 3 conditions: 1) RSI Overbought / Oversold with Bullish...
The "RVI_HTF" indicator is a tool designed to assist traders in analyzing market trends using the Relative Vigor Index (RVI) across different timeframes. It enables users to customize various aspects of the indicator's appearance and behavior. By monitoring the RVI on different timeframes, tracking its relationship with the moving average, and paying attention to...
t.me Supertrend with RSI OB/OS Arrows Credit: KingForex2022 (ClearTradingMind) Overview: This indicator combines the power of Supertrend and RSI to help traders identify potential trend reversals and overbought/oversold conditions in the market. The Supertrend component highlights the prevailing trend direction, while RSI (Relative Strength...
This Pine Script code is designed to create a custom technical indicator called "Worm" that helps identify trends in the market based on momentum. Let's break down the code and its settings: Indicator Title and Overlay: The indicator is named "Worm (Clean)" and is set to be overlaid on the price chart. Input Settings: The code defines various input settings,...
The Volume Spike Analysis is designed to detect volume spikes in a trading instrument's data. Rather than relying on the traditional method of comparing volume to its moving average, this indicator employs a distinctive approach to ensure accuracy. Methodology Historical Volume Comparison: The indicator first assesses the current bar's volume, say 100k,...