Moving Average Confluence Description in English: This indicator uses multiple moving averages (SMA, EMA, WMA) with different periods to identify confluence points that can indicate support or resistance zones. Detailed Explanation: Configuration: SMA Length: This input defines the period for the Simple Moving Average (SMA). The default value is 50. EMA...
Sure! Here is a detailed description and usage guide for your TradingView indicator: ### Indicator Description **Title**: 1000SATS/ORDI Market Cap Ratio **Description**: The "1000SATS/ORDI Market Cap Ratio" indicator calculates and visualizes the market capitalization ratio between 1000SATS and ORDI. This indicator allows traders and investors to analyze the...
Precise ATR Stop Loss - Daily Pullbacks This indicator uses ATR (Average True Range) combined with the identification of pullback lows and highs on daily charts to calculate more precise stop loss levels. How it works: Identification of Pullbacks: Pullback Lows: Identifies significant low points on daily charts that can serve as support. Pullback Highs:...
Indicator Description and Colors This is an Exponential moving average crossover oscillator with some color modifications. The indicator is filled with Red when the faster EMA is below the slower EMA and Green when the faster EMA is above the slower EMA. The zero line represents the EMA crossover. Yellow is displayed when the slower EMA is trending higher or...
The sole moving average required is one that will turn the signal line green during an uptrend and red during a downtrend, applicable across all charts and timeframes.
This TradingView indicator combines two main components: the RMI Trend Sniper and the Market Bias (CEREBR). Let's look at each in detail: RMI Trend Sniper Created By Rishabh Vaibhav Key Features: Uses a combination of Relative Momentum Index (RMI) and Money Flow Index (MFI) Provides visual cues for trend direction using colored candles and range...
This Pine Script (written in version 5) is designed to calculate the IBD Relative Strength for both daily and weekly timeframes, comparing the current chart's security to the NIFTY SMLCAP 250 index. Here's a breakdown of the code: 1. Indicator Initialization: pinescript indicator(shorttitle = "IBD Relative Strength - Daily & Weekly", title="IBD Relative...
resistance and support based on fixed parameters, these levels will help in understanding the market movement and help traders read the price action and trade accordingly
Here is the corrected Pine Script version for TradingView, which calculates two EMAs (Exponential Moving Averages) and plots them with specific colors based on conditions:
Combination of different moving averages. The moving averages can be toggled.
This indicator uses the 200-period EMA to filter out short-term movements and focuses on long-term trends. The ADX is used to confirm the strength of the trend. The background turns green for strong uptrends and red for strong downtrends, allowing you to follow the trend from start to finish without reacting to minor price movements.
The "Alert Webhook Tester" is an EXPERIMENTAL tool to help you play around with action alerts/messages and see how your webhooked link reacts to them. 🟠 Usage : Best used to expirement and test third-party automation services through webhook based on each service documentation and action order codes before integrating those into your own script for live...
Library "gridUtilities" TODO: add library description here get_fibonacciGrid_data(length, trend_direction, plot_grid, plot_labels, bars_to_right, include_levels) : Gets and plots a fibonacci grid. Parameters: length (int) : (int): The direction flag that indicates where the trend is going. trend_direction (string) : (string):...
identify the trend with 2 Moving Average Color Direction Detection, user can easily change there colour & moving averages as per own set of rules
Want to Check Previous Day & Week High/Low with extra efforts use this