The Periodic Activity Tracker tool periodically tracks the cumulative buy and sell volume in a user-defined period and draws the corresponding matching bars and volume delta for each period. Users can select a predefined aggregation period from the following options: Hourly, Daily, Weekly, and Monthly. 🔶 USAGE This tool provides a simple and clear way...
LSMA Z-Score Main Features and Use in the Trading Strategy - The indicator normalizes the LSMA into a detrended Z-Score, creating an oscillator with standard deviation levels to indicate trend strength. - Adaptive coloring highlights the rate of change and potential reversals, with different colors for positive and negative changes above and below the...
The Dual SMA/EMA Bands indicator provides a clear view of market trends, combining Simple Moving Averages (SMA) and Exponential Moving Averages (EMA) in one customizable tool. Designed for any timeframe, it features Aqua and Purple Bands for 50-period and 200-period averages , respectively, aiding in trend analysis and volatility insights. Features: Adaptive...
The "Trend Angle" indicator serves as a tool for traders to decipher market trends through a methodical lens. It quantifies the inclination of price movements within a specified timeframe, making it easy to understand current trend dynamics. Conceptual Foundation: Angle Measurement: The essence of the "Trend Angle" indicator is its ability to compute...
Kalman Filtered RSI Oscillator The Kalman Filtered RSI Oscillator is BackQuants new free indicator designed for traders seeking an advanced, empirical approach to trend detection and momentum analysis. By integrating the robustness of a Kalman filter with the adaptability of the Relative Strength Index (RSI), this tool offers a sophisticated method to capture...
0). INTRODUCTION: "MTF TREND-PANEL-(AS)" is a technical tool for traders who often perform multi-timeframe analysis. This simple tool is meant for traders who wish to monitor and keep track of trend directions simultaneously on various timeframes, ranging from 1MIN to 3MONTHS (or other - 'DIFF') script enhances decision-making efficiency and provides a clearer...
CODE DUELLO: Have you ever stopped to wonder what the underlying filters contained within complex algorithms are actually providing for you? Wouldn't it be nice to actually visually inspect for that? Those would require some kind of wild west styled quick draw duel or some comparison method as a proper 'code duello'. Then it can be determined which filter can...
Peak and Trough Tracker This indicator identifies the highest and lowest prices reached in two user-defined time periods. It then draws two lines connecting these peak and trough points. The purple line represents the connection between the highest prices, while the aqua line represents the relationship between the lowest prices. Both lines extend into the future...
Overview The Dynamic Momentum Gauge is an indicator designed to provide information and insights into the trend and momentum of a financial asset. While this indicator is not directional , it helps you know when there will be a trend, big move, or when momentum will have a run, and when you should take profits. How It Works This indicator calculates...
Volume Spread Analysis with Trend Direction is an indicator designed to Identify trend based volume spread. Volume Spread Trend This is a very simple yet powerful to identify Trend and corresponding volume Breakout. Unlike other Volume Indicators this indicator detects Breakout along with trend direction. One can detect the Early breakout in volume using...
The script is an overlay aimed at making price action within a range more comprehensible, i.e. what is the “story” that the band range is telling in relation to the price. You’ll see bars become brighter as they come near the upper or lower band, and dimmer around the average/middle of the two bands. This makes it easier to spot when the price is within an...
Introduction The Multi VWAP tool extends the concept of using the Anchored Volume Weighted Average Price, popularized by its founder, Brian Shannon, founder of AlphaTrends, and creates automatic AVWAPS for multiple anchor points, such as for 2-day, 3-day, 4-day, 5-day, and custom date anchors as well as automagically creating month-to-date and year-to-date...
TL;DR - An average true range (ATR) based trend ATR trend uses a (customizable) ATR calculation and highest high & lowest low prices to calculate the actual trend. Basically it determines the trend direction by using highest high & lowest low and calculates (depending on the determined direction) the ATR trend by using a ATR based calculation and comparison...
This script calculates the dispersion of a basket of 5 FX pairs and then calculates the z-score the z-score is then made into a composite using the 30 and 60 ema of the z-score to smooth any noise. It must be used on one of the FX pairs in the basket and on the 1-minute timeframe as it has been hardcoded for 1 min use below. Interpretation - Dispersion is a...
The Market Trend Indicator (FinnoVent) is a comprehensive trading tool designed to provide clear visual cues for market trends on TradingView charts. This indicator combines the principles of Exponential Moving Averages (EMAs), Bollinger Bands, the Average Directional Index (ADX), and the Relative Strength Index (RSI) to offer a nuanced view of market...
I'm using this platform from sometime and I carry out trading on Gold, using a kind of scalping strategy. Scalping is not an easy task to do. Personally I found a lot of problems while detecting the trend direction. So I decided to develop an indicator that is capable, in a discrete way, to give an instant-view on the market that is interesting. This indicator can...
This script is an advanced trend analysis indicator crafted for traders who seek a detailed and customizable view of market trends across multiple timeframes. This tool utilizes exponential moving averages (EMAs) to offer insights into market direction and momentum. Key Features: Multi-Timeframe Analysis: MTEMA-Tracker covers a wide range of timeframes,...
🌈 "Rainbow Fibonacci Momentum - SuperTrend" Indicator 🌈 IMPORTANT: as this is a complex and elaborate TREND ANALYSIS on the graph, ALL INDICATORS REPAINT. Experience the brilliance of "Rainbow Fibonacci Momentum - SuperTrend" for your technical analysis on TradingView! This versatile indicator allows you to visualize various types of Moving Averages, including...