Fibonacci Zone Oscillator With MACD HistogramThe columns
After I found a way to calculate a price as a percent of the middle line of the KeltCOG Channel in the KCGmut indicator (published), I got the idea to use the same trick in the Fbonacci Zone Channel (also published), thus creating an oscillator.
I plot the percent’s as columns with the color of the KeltCOG Channel. Because the channels I created and published (i.e. Fibonacci Zone, Donchian Fibonacci Trading Tool, Keltner Fibzones, and KeltCOG) all use Fibonacci zones, this indicator also reports the position of the close in their zones.
Strategy and Use:
Blue column: Close in uptrend area, 4 supports, 0 resistance, ready to rally up.
Green column: Close in buyers area, 3 supports, 1 resistance, looking up.
Gray column: Close in center area 2 supports, 2 resistances, undecided.
Yellow column: Close in sellers area 1 support, 3 resistances, looking down.
Red column: Close in downtrend area, 0 support, 4 resistances, ready to rally down.
I use this indicator in a layout with three timeframes which I use for stock picking, I pick all stocks with a blue column in every timeframe, the indicator is so clear that I can flip through the 50 charts of my universe of high liquid European blue chips in 15 minutes to make a list of these stocks.
Because I use it in conjunction with KeltCOG I also gave it a ‘script sets lookback’ option which can be checked with a feedback label and switched off in the inputs.
The MACD histogram
I admire the MACD because it is spot on when predicting tops and bottoms. It is also the most sexy indictor in TA. Actually just the histogram is needed, so I don’t show the macd-line and the signal line. I use the same lookback for the slow-ma as for the columns, set the fast-ma to half and the signal-line to a third of the general lookback. Therefore I gave the lookback a minimum value of 6, so the signal gets at least a lookback of 2.
The histogram is plotted three times, first as a whitish area to provide a background, then the colums of the Fibzone Oscillator are plotted, then the histogram as a purple line, which contrasts nicely and then as a hardly visible brown histogram.
The input settings give the option to show columns and histogram separate or together.
Strategy and use:
I think about the columns as showing a ‘longer term chosen momentum’ and about the histogram as a ‘short term power momentum’. I use it as additional information.
Enjoy, Eykpunter.
חפש סקריפטים עבור "histogram"
[blackcat] L1 Another Improved MACD IndicatorLevel: 1
Background
The MACD is a superior derivative of moving average crossovers and was developed by Gerald Appel in 1979 as a market timing tool. MACD uses two exponential moving averages with different bar periods, which are then subtracted to form what Mr. Appel calls the Fast Line. A 9-period moving average of the fast line creates the slow line.
Function
L1 Another Improved MACD Indicator improves MACD histogram by customized an algorithm and add three levels of long entry alerts derived from ema ().
Key Signal
diff --> classic MACD diff fast line in white
dea --> classic MACD dea slow line in yellow
macd --> classic difference histogram,but I did not use it directly in the plot.
macd1 --> ema3 of macd
Pros and Cons
Pros:
1. more clear sub level trend change with new histograms
Cons:
1. need sophisticated knowledge of MACD to use this well
2. this still requires a lot of MACD experience to obtain reliable trading signals
Remarks
Another improved MACD on histogram
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Volume Profile Histogram [SS]I usually (and by usually, I mean the past year xD) release a significant indicator as my Christmas gift to the community on Christmas Eve. Last year, it was the Z-Score buy and sell signal; this year, it's something a little more conventional. So here is this year’s gift—hope you like it! 🎁
Seems like everyone has their take on Volume Profiles (aka SVP or VSP). I decided to create one, and in true Steversteves fashion, you can expect to find all the goodies that come with most of my stuff, including a volume profile presented in a bell-curve/histogram style (chart above) and statistical frequency tables showing the cases by ranges:
And it wouldn't be a true Steversteves indicator without some kind of ATR thing:
So, what does it do?
At the end of the day, it is a form of an SVP indicator. However, it is meant to operate on a larger scale, sorting volume in a traditional bell-curve style. In addition to displaying volume, it breaks down buying vs. selling volume. Selling volume is classified as such when the open is greater than close, while buying is when close is greater than open. This breakdown allows you to see the distribution, by price range, of where selling and buying occur.
This permits the indicator to provide 2 Points of Control (POCs). A POC is defined as an area of high volume activity. Because buying and selling volumes are broken down into two, we can identify areas with high selling and areas with high buying. Sometimes they coincide, sometimes they differ.
If we look at SQQQ, for example:
We can see that the bearish point of control is one point below the bullish POC. This is interesting because it essentially shows where people may be "panic selling" or setting their stop-outs. If SQQQ drops below 18.8, then it's likely to trigger panic selling, as indicated by the histogram.
Conversely, we can observe that traders tend to position long between $18 and $24. The POC is noted in the stats table and also displayed on the chart. Bullish POC is shown in purple, bearish in yellow. These, of course, can be toggled off.
The Frequency Table:
The frequency table shows how many observations were obtained in each price range. The histogram illustrates the cumulative volume traded, while the frequency simply counts how many cases occurred over the lookback period.
ATR Range Analytics by Volume:
The indicator also has the ability to display range analytics by volume. When you toggle on the range analytics by volume option, a range chart will appear:
www.tradingview.com
The range chart goes from the minimum recorded volume to the maximum recorded volume in the period, showing the average range and direction associated with this volume. This is crucial to pay attention to because not all stocks behave the same way.
For example, in the chart above (AMD), we can see that low volume produces a general bearish bias, and high volume produces a general bullish bias. However, if we look at the range analytics for SPY:
Low volume has the inverse effect. Low volume is associated with a more bullish bias, and high volume indicates a more bearish bias. In the ATR chart, the threshold volume to transition from bullish bias to bearish bias is approximately > 78,607,268 traded shares.
The Stats Table:
The stats table can be toggled on or off. It simply displays the POCs and the time range for the VSP. The default time range is 1 trading year (252 days), assuming you are on the daily timeframe. However, you can use this on any timeframe.
The percentages displayed in the histogram is the cumulative percent of buying and selling volume independently. So when you see the percentage on the selling histogram, its the percent of cumulative selling only. Same for the buying.
And that's the indicator! I hope you enjoy it. Let me know your thoughts. I hope you all have safe holidays, a Merry Christmas for you North Americans, and a Happy Christmas for you UKers, and whatever else you celebrate/care about and do! Safe trades, everyone, and enjoy your holidays! 🎁🎄🎄🎄⭐⭐⭐ 🕎 🕎 🕎
HL/OL Histogram + (Close-Open)🧠 Core Concept
This indicator is designed to detect meaningful directional intent in price action using a combination of:
Intrabar candle structure (high - open, open - low)
Net price momentum (close - open)
Timed trigger levels (frozen buy/sell prices based on selected timeframe closes)
The core idea is to visually separate bullish and bearish energy in the current bar, and to mark the price at which momentum flips from down to up or vice versa, based on a change in the close - open differential.
🔍 Components Breakdown
1. Histogram Bars
Green Bars (high - open): Represent bullish upper wicks, showing intrabar strength above the open.
Red Bars (open - low): Represent bearish lower wicks, showing pressure below the open.
Plotted as histograms above and below the zero line.
2. Close–Open Line (White)
Plots the difference between close and open for each bar.
Helps you visually track when momentum flips from negative to positive, or vice versa.
A bold black zero line provides clear reference for these flips.
3. Buy/Sell Signal Logic
A Buy Trigger is generated when close - open crosses above zero
A Sell Trigger occurs when close - open crosses below zero
These trigger events are one-shot, meaning they’re only registered once per signal direction. No retriggers occur until the opposite condition is met.
📈 Trigger Price Table (Static)
On a signal trigger, the close price from a lower timeframe (15S, 30S, 1, 2, 3, or 5 min) is captured.
This price is frozen and displayed in a table at the top-right of the pane.
The price remains fixed until the opposite trigger condition fires, at which point it is replaced.
Why close price?
Using the close from the lower timeframe gives a precise, decisive reference point — ideal for planning limit entries or confirming breakout commitment.
🛠️ Use Cases
Momentum traders can use the histogram and line to time entries after strong open rejection or close breakouts.
Scalpers can quickly gauge intrabar sentiment reversals and react to new momentum without waiting for candle closes.
Algo builders can use the frozen price logic as precise entry or confirmation points in automated strategies.
MTF-Colored EMA Difference and Stochastic indicatorThis indicator combines two popular technical analysis tools: the Exponential Moving Average (EMA) and the Stochastic Oscillator, with the added flexibility of analyzing them across multiple time frames. It visually represents the difference between two EMAs and the crossover signals from the Stochastic Oscillator, providing a comprehensive view of the market conditions.
Components:
EMA Difference Histogram :
EMA Calculation : The indicator calculates two EMAs (EMA1 and EMA2) for the selected time frame.
EMA Difference : The difference between EMA1 and EMA2 is plotted as a 4 coloured histogram.
Stochastic Oscillato r:
Calculation : The %K and %D lines of the Stochastic Oscillator are calculated for the selected time frame.
Additional Confirmation via Colors :
Green: %K is above %D, indicating a bullish signal.
Red: %K is below %D, indicating a bearish signal.
Entry and Exit Strategies
Entry Strategy :
Bullish Entry :
Condition 1: The histogram is Dark green (indicating a strong upward trend).
Condition 2: The Stochastic colour is green (%K is above %D).
Bearish Entry :
Condition 1: The histogram is Dark Red (indicating a strong downward trend).
Condition 2: The Stochastic colour is red (%K is below %D).
Exit Strategy:
Bullish Exit:
Condition: The Stochastic colour turns red (%K crosses below %D).
Bearish Exit:
Condition: The Stochastic colour turns green (%K crosses above %D).
Additional Considerations:
Time Frame Selection : The chosen time frame for both the EMA and Stochastic calculations should align with the trader’s strategy (e.g., daily for swing trading, hourly for intraday trading).
Risk Management : Implement stop-loss orders to manage risk effectively. The stop-loss can be placed below the recent swing low for long positions and above the recent swing high for short positions.
Confirmation : Consider using this indicator in conjunction with other technical analysis tools to confirm signals and reduce the likelihood of false entries and exits.
Delta Volume Histogram with Filters and AlertsОписание (Russian):
Индикатор "Delta Volume Histogram" определяет дельту объёма и отображает её в виде гистограммы. Он показывает разницу между объёмами покупок и продаж, с возможностью фильтрации значений и вызова алертов.
Функции:
Фильтр для отображения только значений выше заданного порога.
Режим отображения всех значений выше нуля.
Алерт при появлении дельты, превышающей установленный фильтр.
Description (English):
The "Delta Volume Histogram" indicator calculates volume delta and displays it as a histogram. It highlights the difference between buy and sell volumes, with options for filtering values and triggering alerts.
Features:
Filter to display only values above a specified threshold.
**Features (continued):**
- Mode to display both positive and negative delta values above the zero line for better visualization.
- Alert functionality that notifies you when the delta volume exceeds the specified filter value.
This indicator is ideal for traders who want to track buying and selling pressure in the market, helping to identify strong movements and potential reversals based on volume delta analysis.
VWAP Direction HistogramThe ** VWAP Direction Histogram ** indicator is a powerful tool for traders looking to gauge the directional bias of the Volume Weighted Average Price (VWAP). VWAP is a critical metric that combines price and volume to provide a weighted average price, often used to identify institutional trading activity and support/resistance levels. This indicator builds upon the traditional VWAP by calculating its directional changes over a customizable lookback period, providing clear visual cues to traders through a color-coded histogram.
By identifying whether VWAP is rising or falling over the specified lookback period, this indicator helps traders determine the prevailing trend bias in the market. A positive VWAP direction suggests upward momentum and a bullish trend bias, while a negative direction indicates downward momentum and bearish sentiment. This information is further reinforced by coloring the chart candles based on the VWAP trend, enabling quick visual analysis and enhancing decision-making for trend-following strategies. Whether you're trading intraday or longer-term, the ** VWAP Direction Histogram ** offers an intuitive and effective way to align your trades with market trends.
Indicators: Volume-Weighted MACD Histogram & Sentiment Zone OscVolume-Weighted MACD Histogram
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Volume-Weighted MACD Histogram, first discussed by Buff Dormeier, is a modified version of MACD study. It calculates volume-averaged Close price for finding the histogram.
More info:
www.moneyshow.com
Sentiment Zone Oscillator
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Sentiment Zone Oscillator, developed by Walid Khalil, is a complementing oscillator to VZO and PZO.
To quote Walid:
>> The sentiment zone oscillator (SZO) is a leading contrary oscillator that measures the extreme emotions of a single market or share.
>> It measures and defines both extremes, bullishness (overoptimism) and bearishness (overpessimism), that could lead to a change
>> in sentiment, eventually changing the trend of the time frame under study. The SZO was devised on the belief that after several waves
>> of rising prices, investors begin to get bullish on the stock with increasing confidence since the price has been rising for some time.
>> The SZO measures that bullishness/bearishness and marks overbought/oversold levels.
SZO has its own oversold/overbought bands. Also, when SZO goes above 7, it indicates extreme optimism. When the SZO goes below -7, it indicates extreme pessimism.
More info: www.traders.com
How to import / use custom indicators from this chart?
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PDF: drive.google.com
WWV_LB pivotfix histogram jayy
This is a modification of LazyBear's WWV_LB which plots cumulative volume of waves. The reversal points are defined through relative closing prices. I made adjustments to the script to show waves turning on actual/true low or high pivots as opposed to the bar/candle identified in the LazyBear script. What I mean by that is that the actual/true low or high pivots are in fact the true WWV_LB pivots. The original WWV_LB script calculates cumulative volume from reversal confirmation bar to reversal confirmation bar as opposed to the true WWV_LB pivot bar to pivot bar. As such the waves can have slightly different start and end points. As such the cumulative volume can also be different from te WWV_LB script. This is because confirmation of a wave reversal can lag a few bars after the true reversal pivot bar. In the script notes, you will see the original key WWV_LB script lines that identify the true high or low pivots and confirm the wave direction has reversed. I have taken these lines from LazyBear's original script. I have included the LazyBear script within the script notes so that the original can be compared to what I have added/changed. Instead of "trendDetectionLength" I have inserted "Trend Detection Length". You can of course change the descriptor to what you wish by editing script line 33 to the original term or whatever you wish. You might also wish to set the default to the value "2" as per the original script. I have set the default to "3". This script should be used in conjunction with "WWV-LB zigzag pivot fix jayy" script which is shown on this screen for comparison.
Here is a link to the original LazyBear histogram script which can be used for comparison. The differences are subtle, however, the histograms will regularly be different by a bar or two:
The lowest panel has the original LazyBear WWV_LB script for comparison. All three scripts have been set to a Trend Detection Length of 3.jayy
DMI Histogram IndicatorThe Directional Movement Index (DMI) was originally developed by J. Welles Wilder Jr. in 1978. Wilder introduced the DMI along with the Average Directional Index (ADX) in his book, “New Concepts in Technical Trading Systems,” which became a foundational reference for technical analysis.
The indicator can be a bit intimidating for people to interpret if they aren't familiar with it. So this DMI Histogram uses the underlying DMI data to present a different way to visualize the price movement and trend. The goal is to help provide insight into the rising or falling momentum behind the price, at times when the chart itself may not be as obvious. This could potentially help spot a momentum divergence before it plays out on the chart.
The user has the option of displaying ADX reversals as red and green arrows. The ADX is the trend indicator portion of the DMI. When it changes direction, that sometimes leads to shift in who is exerting the most influence on the price, buyers or sellers.
The user also has the option of coloring the candlesticks to match the histogram.
This indicator is meant to be combined with other indicators and other chart analysis tools.
ZVOL — Z-Score Volume Heatmapⓩ ZVOL transforms raw volume into a statistically calibrated heatmap using Z-score thresholds. Unlike classic volume indicators that rely on fixed MA comparisons, ZVOL calculates how many standard deviations each volume bar deviates from its mean. This makes the reading adaptive across timeframes and assets, in order to distinguish meaningful crowd behavior from random volatility.
📊 The core display is a five-zone histogram, each encoded by color and statistical depth. Optional background shading mirrors these zones across the entire pane, revealing subtle compression or structural rhythm shifts across time. By grounding the volume reading in volatility-adjusted context, ZVOL inhibits impulsive trading tactics by compelling the structure, not the sentiment, to dictate the signal.
🥵 Heatmap Coloration:
🌚 Suppressed volume — congestion, coiling phases
🩱 Stable flow — early trend or resting volume
🏀 High activity — emerging pressure
💔 Extreme — possible climax or institutional print
🎗️ A dynamic Fibonacci-based 21:34-period EMA ribbon overlays the histogram. The fill area inverts color on crossover, providing a real-time read on tempo, expansion, or divergence between price structure and crowd effort.
💡 LTF Usage Suggestions:
• Confirm breakout legs when orange or red zones align with range exits
• Fade overextended moves when red bars appear into resistance
• Watch for rising EMAs and orange volume to front-run impulsive moves
• Combine with volatility suppression (e.g. ATR) to catch compression → expansion transitions
🥂 Ideal Pairings:
• OBVX Conviction Bias — to confirm directional intent behind volume shifts
• SUPeR TReND 2.718 — for directional filters
• ATR Turbulence Ribbon — to detect compression phases
👥 The OBVX Conviction Bias adds a second dimension to ZVOL by revealing whether crowd effort is aligning with price direction or diverging beneath the surface. While ZVOL identifies statistical anomalies in raw volume, OBVX tracks directional commitment using cumulative volume and moving average cross logic. Use them together to spot fake-outs, anticipate structure-confirmed breakouts, or time pullbacks with volume-based conviction.
🔬 ZVOL isn’t just a volume filter — it’s a structural lens. It reveals when crowd effort is meaningful, when it's fading, and when something is about to shift. Designed for structure-aware traders who care about context, not noise.
ATRMonitor: Dynamic ATR and RSI-Based HistogramThe ATRMonitor is a cutting-edge technical indicator designed for traders seeking to harness the combined power of Average True Range (ATR) and Relative Strength Index (RSI) in one intuitive histogram. This innovative tool plots a histogram based on the RSI (6 periods), but with a unique twist: the color of each bar is determined by the relationship between the ATR (6 periods) and its Exponential Moving Average (EMA, 6 periods).
Green Bars: Indicate bullish momentum when the ATR is above its EMA, signaling potential strength in price movements.
Red Bars: Suggest bearish sentiment when the ATR falls below its EMA, potentially indicating weaker price movements.
Ideal for both novice and experienced traders, the ATRMonitor offers a straightforward visualization of market volatility and momentum. It's perfect for various trading styles, including scalping, day trading, and swing trading across diverse markets. Enhance your trading decisions with the ATRMonitor, your go-to tool for a deeper understanding of market dynamics.
Moving Average Crossover Histogram IndicatorA modified version of the MACD indicator. As its name suggests, this is a moving average crossover indicator but the difference in values between moving averages is represented by a histogram. It subtracts the value of a fast MA and slow MA then the result is represented in a histogram which makes it easier for you to identify and visualize every moving average crossover.
If you use moving average crossover as your buy/sell signal this indicator is for you.
You could use this indicator instead of using two moving averages on your main chart. Really convenient, easy to use, and make your chart clutter-free. You could set the fast and slow MA values also the moving average types according to your trading style.
Hope you like it. :)
RSI HistogramThis an experiment to visualise the famous RSI indicator within a Histogram.
Opposed to regular RSI this RSI is plotted into a Histogram and uses different scales (100 to -100), in addition it has the ability to smooth the RSI with various moving averages like HMA, JMA and KAMA.
About RSI:
The RSI measures recent performance of a given stock against its own price history performance, by combining the average gain or loss a particular security owns over a predetermined time period.
Bars can be colored in Settings (Disabled by default)
Enjoy and like if you like :)
Linear Regression Slope HistogramThis is the slope of linear regression plotted as a histogram. It has a threshold for the slope in case there is a minimum slope amount that the user wants for it to show green or red. The color shows a dim and bright effect depending on the direction of the slope to better show its rise and fall. You can set the length of the slope in the input setting screen.
Some interesting things about linear regression slope that I found out: It kind of looks like the histogram of ADX or the directional movement lines depending on the length used for the slope. According to Tushar Chande, linear regression can be used as an alternative of finding trend direction, although it is hard to say what length to use for it, I haven't been able to figure out a good way to apply it yet. According to Bulkowski, linear regression of the volume can be used with certain chart patterns that he listed to increase their chance of success by taking trades where the linear regression line points towards, so if you use volume as a source on this indicator you can take trades in whatever said direction. Got any other ideas on how to use linear regression? Feel free to let me knows, would gladly appreciate it.
Mayer Multiple (with muti-color histogram)This is inspired by unbound's work on the Mayer Multiple script.
This script is designed to work with the daily chart.
I created this script so you can see the daily Mayer Multiple by just hovering over the bar in the histogram. I modified the color of the histogram bar to indicate the following:
Red = Over 2.4x Mayer Multiple, overvalued
Yellow = Between 1x to 2.4x Mayer Mutiple, fairly valued
Green = Under 1x Mayer Multiple, undervalued
This is my first script so let me know if there are any issues or suggestions on how to change it.
Multi-Timeframe Candles HistogramsAt some community members' requests, I have built on the original code to make it a single indicator with the option for users to check off which timeframes they want to be shown. Choices are 1-hour, daily, weekly, and monthly.
I couldn't figure out how to separate each timeframe into its own histogram, so this is the best I can offer at the moment. If any community member wants to take a crack at it, be my guest.
Colors are customizable.
If you have a paid TW account, you can lay it down twice and put the hour and daily on one and the weekly and monthly on the other.
That said, I hope you enjoy this version of this indicator.
R.I.P. Rob Smith, creator of TheStrat.
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Key Features and Benefits
1. Custom Timeframe Selection:
- Choose from an array of timeframes ranging from minutes to months, giving you complete flexibility in your market analysis.
- Quickly switch between different timeframes (e.g., 1-hour, daily, or weekly) to track continuity across varying levels.
2. Visual Representation of High/Low Markers:
- Enable or disable the display of high and low points to better understand price ranges and reversals.
- These markers allow you to spot key turning points on different timeframes, facilitating better entry or exit decisions.
3. Enhanced Candle Visualization:
- Displays candles with precise price levels aligned to your chosen timeframe, giving a clearer view of price trends.
- Candles are color-coded to reflect price movement, which is customizable by the user.
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How to Use This Indicator
Monitor Multiple Timeframes Simultaneously:
- Place the indicator on your chart and choose the timeframes you want to follow (e.g., hourly, daily, weekly, monthly).
- For each instance, checkmark the desired timeframes in the menu to ensure that you’re tracking the right period.
Achieve Timeframe Continuity:
- By aligning lower timeframes with higher ones, this tool helps you confirm trends, detect reversals, and avoid trades that go against the broader market movement.
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Why This Indicator is Valuable for Traders
This tool simplifies a core principle of TheStrat—full timeframe continuity—by visually representing price action across multiple timeframes in a clear and actionable way. It removes the guesswork and helps traders stay in sync with market momentum, regardless of the timeframe they are analyzing.
This solution offers flexibility, clarity, and speed, enabling traders to quickly grasp critical movements and improve decision-making. Whether you are a scalper focusing on intraday moves or a swing trader watching weekly trends, this tool empowers you to maintain alignment with the overall market structure.
In essence, it brings the power of TheStrat to your fingertips by offering precise and easy-to-read visual aids, allowing you to seamlessly apply Rob Smith’s philosophy to your trading.
[KBCUSTOM] Histogramified Stochastic RSI The public and regular stoch RSI does not come with a histogram which makes it hard to tell the magnitude of any cross. This version comes with one enabled by default and with includes buy and sell triggers on specified crosses.
Buy & Sell Options:
KB Cross Factor: this is the minimum stochastic change between candles that needs to be exceeded in order to trigger a buy or sell signal. For instance, if the previous candle has a value of -20, and the next one has 10, then the factor should be 30 in order for it to trigger a signal.
KB Cross Threshold: in order to minimize bad signals due to weak trend, you can set the minimum stochastic value any candle should have for an order signal to trigger. For instance, say the stochastic has a good cross factor (i.e. 30) and is met, and the stochastic has a value of 10 but your cross threshold is set at 20, then the signal will not trigger unless it is actually 20 or higher.
Let me know how it works.
Cheers.
Momentogram - WaveThis is another way you can plot the Momentum Histograms. This can be manipulated to Wave A, B, C from trade the market.
TTM WAVES - if you can manipulate the settings, this will work. 100%
List of All my Indicators - www.tradingview.com
Standard Deviation Histogram (SDH)This script tells you what standard deviation the price is from the mean. Due to the limitations of the calculations this study only works for stocks. Further limitations include and inability to calculate past 10 deviation. I have added a smoothing feature and the ability to change the colors. Dont be afraid to change the style to line instead of a histogram. Enjoy!
Volume Trend Meter LTFA new take to an already popular indicator of mine, now with lower time frame support for a volume called Volume Trend Meter LTF (VTML).
The VTM LTF indicator measures the volume pressure at a specific part of the candle (Start, Middle, or the end of the candle) and displays it as a histogram.
This indicator sums up all green candle volumes and red candle volumes over the selected part of the candle (Select in settings - start end or middle) and plots their values by subtracting increasing volume and decreasing volume.
Use this indicator to identify increasing volume with the green candles (close bigger than open) and increasing volume of the red candles (close is smaller than open).
Can also work on daily charts and higher.
======= Calculation ==========
For Green Column: The total Volume of green candles is higher than the total red candle volume.
For Red Column: The total Volume of red candles is higher than the total green candle volume.
======= Volume Trend Meter LTF Colors =======
Green: Increasing buying pressure.
Red: Increasing selling pressure.
My original VTM (not the lower time frame version):
Like if you like and Follow me for upcoming indicators/strategies: www.tradingview.com
EMA Slope HistogramThe script shows change in a single EMA over a specified period as a histogram. The period of EMA as well as Change period can be specified. Moreover, it also shows change in direction of EMA. The change can be negative for a downward trend and positive for an upward trend.
KINSKI USDT Market Cap DominanceUSDT dominance charts are rare to find as almost everyone is fixated on BTC dominance. Bitcoin dominance gives us insight into investors' preferences when they have a choice between BTC and thousands of altcoins.
This oscillator gives insight into the state of the coin market. When people exchange their digital currencies like BTC and Altcoins for USDT, there is low confidence in the market. The opposite is true when BTC and Altcoins are bought because market sentiment is high.
So when USDT dominance rises, cryptocurrency prices fall, but when their dominance falls, cryptocurrency prices rise.
Features
Can be displayed as a moving average (default) or histogram.
Choice between 'CRYPTOCAP:USDT', 'CRYPTOCAP:USDT.D', 'CRYPTOCAP:OTHERS.D' => CRYPTOCAP:USDT.D is default.
Smoothing types Selectable
Upward and downward trend of MA line can be activated
Extensive style settings
