This script calculates and visualizes the Average True Range (ATR) along with its moving average, highest, and lowest values over a defined period. The ATR is a widely used volatility indicator in trading that measures the degree of price movement within a market. By incorporating both the average ATR and the high/low ranges, this script provides a comprehensive...
Its a Leading Indicator. This script explains how 'Pivot Points' along with 'Fibonacci' & 'VWAP' can be used to catch a trend. Volume Weighted Average Price (VWAP):- VWAP stands for Volume-Weighted Average Price, which is a tool that shows the average price of a security over a period of time, adjusted for trading volume. VWAP = (Cumulative (Price * Volume) ÷...
This indicator attempts to identify price ranges across multiple timeframes, reversal points, and trend through the use of multi-timeframe percentile rank. The indicator panel above shows the percentile ranks for each calculated upper timeframe. This indicator calculates upper timeframes based on current chart data. This indicators made to be used on short...
Hello, friends. I want to introduce you to the Gann Square Time indicator. It is built on methods based on Gann's Square of 9. William Delbert Gann believed that it is essential to consider not only price levels but also time levels, and I will say more, he placed even greater importance on this. Gann said, "Time is more important than price. When time runs out,...
The Trend Filtered Signals with Confidence Level is a powerful technical analysis tool designed for trend-following traders. It provides clear buy and sell signals, enhanced by a unique confidence level indicator, helping traders filter out market noise and focus on higher-probability trades. This indicator is built with advanced trend detection, volatility...
The Pivot Volume Confluence indicator is designed to help traders identify significant pivot points (local highs and lows) that are accompanied by increased trading volume. This combination can signal important market turning points and provides valuable insights into potential support and resistance areas. Key Features: • Pivot Point Identification:...
This strategy combines Exponential Moving Average (EMA) analysis with a multi-timeframe approach. It uses a neural scoring system to evaluate market momentum and generate precise trading signals. The strategy is implemented in Pine Script v5 and is designed for use on TradingView. Key Components The strategy utilizes short-term (10-period) and long-term...
Uso de los indicadores de RSI en temporalidad de 1m y 5m al mismo tiempo junto con el estocástico, imprescindible para el uso de una operativa basada en indicadores. Sobre todo útil para esas personas que no tienen la versión premium
Overview The Order Book Pressure Index (OBPI) is a custom technical indicator designed to provide traders with a real-time approximation of market pressure by analyzing buying and selling volumes. Unlike traditional indicators that rely heavily on historical price data, the OBPI focuses on current price movements and volume dynamics to offer a more responsive...
Its a work in progess but here you go. I pair it with a 50 EMA for better direction. 1. Bullish Trend Signal: Green Labels ("Bullish") are plotted below the price chart when a bullish trend is detected. This is based on a crossover of two simple moving averages (short and long): The short-term moving average (SMA) crosses above the long-term moving average,...
ADX with 6 configurable lines Average Directional Index (ADX) Definition The Average Directional Index (ADX) is a specific indicator used by technical analysts and traders to determine the strength of a trend. The trend can be either bullish or bearish, which is shown by two indicators that often accompany the ADX, the positive directional indicator, commonly...
The PSOscillator calculates an oscillator value based on price movements over a specific period. Oscillators like this one are typically used to identify momentum shifts, and trend direction. Here's a breakdown of how the logic behind it works: Key Concepts for Beginners: Oscillators: In this case, the PSOscillator helps indicate whether the market momentum is...
BT Assistant - Economic Events Calendar Overlay BT Assistant is a powerful TradingView indicator designed to help traders stay on top of economic events that impact the market. This script overlays key upcoming events directly onto your chart, providing real-time visibility of scheduled economic releases and announcements. Features: Economic Event...
This strategy leverages global liquidity data alongside technical indicators like the Rate of Change (ROC) and Double Exponential Moving Average (DEMA) to identify optimal long-entry points during major market trends. The script is designed to capture long-term, sustained momentum and includes built-in risk management by filtering out rapid price spikes. It is...
RTI For Loop | viResearch Conceptual Foundation and Innovation The "RTI For Loop" script introduces a unique approach to analyzing market trends by leveraging the concept of Relative Trend Index (RTI) within a loop-based scoring system. The RTI measures the price's relative position between an upper and lower trend boundary, dynamically calculated using standard...
Define Pip Size: Since 1 pip for XAUUSD is usually considered as 0.1, the pip Size is set to 0.1. A 50-pip interval is therefore 50 * 0.1 = 5.0. Nearest Pip Level Calculation: We find the nearest 50-pip level based on the current price of XAUUSD. The formula nearestPipLevel = round(close / pipInterval) * pipInterval rounds the current price to the nearest...
█ OVERVIEW The Dynamic Fib Retracement (Golden Pocket) indicator is an advanced Fibonacci trading tool designed to enhance technical analysis and improve trading strategies. This innovative tool automatically calculates Fibonacci retracement 'Golden Pocket' levels based on the most recent swing points within a user-defined Lookback Range, which can be easily...
█ OVERVIEW Contains methods for conversion to string of simple types int/float/bool/string/line/label/box . - toS() - For bool/int/float works much the same as str.tostring() with some shorthand formatting options for int/float. For line/label/box displays their text and coordinates automatically formatting x coordinate as time or bar index. - ...