The Average Daily Range is a simple concept, calculated as the difference between daily highs and lows averaged over some period. This range is is overlaid and centered on the day's open, and tends to act as areas of support and resistance . This indicator provides two aggregation periods, creating a range that represents volatility in the ADR; a wider spread...
Are we in a bull or a bear market? From the technical analysis point of view, the answer is "It depends". It depends from the parameters of your indicator, the timeframe of the pair you are looking and the volatility of that specific market you are looking to. After I experimented with various trending indicators I decided to develop a framework that potentially...
This is a simple indicator which plot high and lows based on Fibonacci sequence. Best part of this indicator is it don't rewrite itself once it got plotted on the chart, which make it unique from other High low indicators.
//This is not financial advice, I am not a financial advisor. //What are volatility tokens? //Volatility tokens are ERC-20 tokens that aim to track the implied volatility of crypto markets. //Volatility tokens get their exposure to an asset’s implied volatility using FTX MOVE contracts. //There are currently two volatility tokens: BVOL and IBVOL. //BVOL targets...
Boom Hunter Pro is the ultimate indicator for targeting perfect long entries and epic shorts. Boom Hunter comes with a super fast oscillator that uses Ehlers Early Onset Trend (EOT). This is the Center Of Gravity Oscillator (COG) with a super smoothing filter and a roofing filter. This indicator is tuned for 1 hour charts but can be used on any time frame. ...
Plots Donchian Channel based on VWMA. Trend strength analysis tool. Note that the VWMA is based on the ohlc not the close. Strong trends will break out of this channel consolidation will remain inside of the channel. The Channel Midline may be a good bull bear indicator. As with most trend indicators longer timeframes for the market you are trading will be...
Used to identify trend by applying advance decline formula directly to price action. The result is smoothed activity that incorporates trend strength so that minor pullbacks and consolidation that result from large moves do not cloud the overall trend of the chart. Also sideways action will identify the end of a trend sooner by incorporating the shrinking advance...
This script automatically finds the 61.2% Fibonacci level. Use it only for the daily timeframe. The script also shows the 61.2% Fibonacci level in the past. The pointers show the cases when the price was below this level. These are very good prices to buy if you think the price will continue to rise. Good prices to buy during a correction after a price pump.
Kapua Whenua means Earth's Clouds in Maori language, this indicator was created to show impulses and trends of the asset's price movement both up and down. The Indicator was made based on key numbers of the golden ratio: Conversion Line: Kw 17 (Purple Color) Kw 34 - Short Period Fractal (Light Blue Color) Kw 72 - Short/Medium Period Fractal (Orange) Kw 144 -...
Similar to my "DollarChannel" script, this keeps track of lows and highs, but snaps a line whenever A) the high exceeds low+(low*ratio), or B) low falls under high-(high*ratio). This results in a channel that tracks percent-changes rather than absolute dollar-value changes.
HI Traders, I would like to introduce you Market inbalance zone boxes, the idea is to look for big volatile candle and candle before and after. Big candle is result of big money orders and it creates zone where either bulls or bears where dominant. So it's a good place to look for support or resistance The zone created if it meets volatility (atr) condition and...
The script marks the bullish and bearish sweeps. You can change the number of lines drawn by modifying the value of max_lines_count in the first line of the code. Limiting feature will be available from menu in the next update.
Similar to the previous script on Elliot Wave Impulse: But, here we are trying to use multiple zigzags instead of just one. You can select upto 4 different Zigzags and set different length, line color, line width and style for each. Parameters ShowZigZag , ZigZag Length, ZigZag Color, ZigZag Width, ZigZag Style can be used for adjusting these. ...
Powerful tool to calculate and display the strength of a security compared to another security. Some Main purposes are: - finding new leadership in a market correction - comparing a market leader with a top competitor - tracking rotation in the market .. and so much more! This tool is highly configurable, you can especially change: - The reference symbol (SPY,...
Based on Smooth First Derivative Indicator by tbiktag Volatility also from another public TV script, forgot which one though, sorry if this is yours and I haven't credited your work, let me know if it is and I'll reference it properly. About this indicator: Estimates whether market is trending up, down or sideways by adding the slope (first derivatives) of a...
Strat Assistant FTC Only ---------------------------- █ OVERVIEW This script is intended to provide full time frame continuity information for almost all time frames (3, 5, 15, 30, 60, 4H, Day, Week, Month, Quarter, Year) When added, the script provides a visual indicator/table to the bottom right of the screen to view the different performance at each time...
- BTST stands for Buy Today Sell Tomorrow which is trading is done on high momentum stock and selling is done on next day. - Max Entry is one bid below intraday highest price - TP is 2.5% above Max Entry and CL is one bid below 2.5% from Max Entry
The Moving Average Band Width was created by Vitali Apirine (Stocks and Commodities Aug 2021 pg 25) and this is of course an extension based on my previous Moving Average Bands script. For those of you that aren't aware, the Band Width indicator is an indicator that tells you how close the upper and lower bands are to each other which is a great determination of...