Kalman Hull RSI At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the the RSI, very similar to the Kalman Hull Supertrend just processing price for a different indicator. This also allows it to make it more adaptive to price and...
Description: The Bollinger Bands Fast Trend Detector indicator is an advanced tool designed to provide traders with more precise trend detection and clearer entry and exit signals. This script builds upon the traditional Bollinger Bands indicator by adding customizable standard deviations and incorporating multiple moving averages to enhance the accuracy of the...
Breadth Indicators NYSE - transmits the processed data from the Barchart provider NYSE - Breadth Indicators S&P 500 - Breadth Indicators DOW - Breadth Indicators RUSSEL 1000 - Breadth Indicators RUSSEL 2000 - Breadth Indicators RUSSEL 3000 - Breadth Indicators Moving Average - 5, 20, 50, 100, 150, 200 The "Percentage above 50-day SMA" indicator measures...
📝 Description This script demonstrates a new approach to the trailing take profit. Trailing Take Profit is a price-following technique. When used, instead of setting a limit order for the take profit target exiting from your position at the specified price, a stop order is conditionally set when the take profit target is reached. Then, the stop price (a.k.a...
Prove idea with a backtest is always true for trading. I developed and open-sourced it as an educational material for crypto traders to understand that the futures and spot spread may be effective but not be as effective as they might think. It serves as an indicator of sentiment rather than a reliable predictor of market trends over certain periods. It is better...
Hi all! This indicator plots trendlines. These lines are not plotted as traditional lines, but are instead zones. This is useful if you think that trend lines are more of an area of importance than a line. It does so by finding pivots and connecting two of them if they have not been broken (more about that later) in-between the pivots. These trend zones can be...
The PE Band shows the highest and lowest P/E in the previous period with TTM EPS. If the current P/E is lower than the minimum P/E, it is considered cheap. In other words, higher than the maximum P/E is considered expensive. PE Band consists of 2 lines. - Firstly, the historical P/E value in "green" (if TTM EPS is positive) or "red" (if TTM EPS is negative)...
🔵 Introduction Smart Money, managed by large investors, injects significant capital into financial markets by entering real capital markets. Capital entering the market by this group of individuals is called smart money. Traders can profit from financial markets by following such individuals. Therefore, smart money can be considered one of the effective...
This is my first script, it is really simple logic and you probably saw something similar before. Is a crossover indicator between 2 Moving Average, one fast MA and the second slow MA. Inputs you can adjust: - 8 different source of MA's - lenght of the MA's - 7 different types of MA's ("EMA", "SMA", "RMA", "WMA", "DEMA", "TEMA", "HMA") - 3 smoothing level of the...
Updated my previous algo on the Adaptive Trend lines, however I have added new functionalities and sorted out the settings. You can now switch between normalized and non-normalized settings, the colors have also been updated and look much better. The MAMA and FAMA These indicators was originally developed by John F. Ehlers (Stocks & Commodities V. 19:10: MESA...
█ OVERVIEW The Fibonacci Pivot Levels Indicator provides real-time insight into key price levels within the market that can serve as powerful support and resistance levels. These levels are based on currently-relevant price-action information as well as key Fibonacci ratios to ensure that the lines being drawn provide the most value to traders regardless of their...
D9 Indicator Category Technical Indicators Overview The D9 Indicator is designed to identify potential trend reversals by counting the number of consecutive closes that are higher or lower than the close four bars earlier. This indicator highlights key moments in the price action where a trend might be exhausting and potentially reversing, providing valuable...
The "Kalman Volume Filter" , aims to provide insights into market volume dynamics by filtering out noise and identifying potential overbought or oversold conditions. Let's break down its components and functionality: Settings: Users can adjust various parameters to customize the indicator according to their preferences: Volume Length: Defines the length of...
█ Introduction and How it is Different The Dual RSI Differential Strategy introduces a nuanced approach to market analysis and trading decisions by utilizing two Relative Strength Index (RSI) indicators calculated over different time periods. Unlike traditional strategies that employ a single RSI and may signal premature or delayed entries, this method leverages...
This indicator is a visually improved version of Stochastics. It makes it much easier to see what's happening by simplifying those confusing, intersecting lines. With this, you can detect the Stochastics direction more clearly. All the features are also explained in the tooltips of the input fields. Some extra features are included, such as average top and bottom...
Trend Angle Indicator Description The Trend Angle Indicator is designed to measure the strength of a trend by calculating the angle of the trend. Specifically, it computes the angle of a Simple Moving Average (SMA) over a specified length and then applies an Exponential Moving Average (EMA) to the angle for smoothing. This approach provides a clear...
🌟 What does this indicator do? This magical indicator shows you the lowest (Low) and highest (High) values of the last X candles directly on your chart. Not only that, but it also tells you how much the price has changed from the opening price of the current candle to these key points, all in percentage format. You'll have a clear and precise view of market...
The F.B_Double Hull Moving Average Trend Tracker indicator is designed to identify market trends and is based on two Hull Moving Averages. The "Hull Moving Average" (HMA) is a fast and smooth moving average that exhibits a rather unique behavior. The HMA attempts to completely remove lag while simultaneously presenting smoother results. The first derivative...