The Fisher Transform Indicator is classified as an oscillator, meaning that its value swings above and below a central point. This characteristic allows traders to identify overbought and oversold conditions, providing potential clues about market reversals. As mentioned previously, it is an oscillator so the strength of the move is displayed by how long the...
Original Stochastic Oscillator Formula: %K=(C−Lowest Low)/(Highest High−Lowest Low)×100 Lowest Low refers to the lowest low of the past n periods. Highest High refers to the highest high of the past n periods. K Stochastic Indicator Formula: %K=(Source−Lowest Source)/(Highest Source−Lowest Source)×100 Lowest Source refers to the lowest value of...
PhantomFlow RangeDetector analyzes the current price action of the market and draws ranges depending on the minimum number of bars in the zone of one candle you specify. Each range is colored depending on the closing direction of the candle outside this range. Accordingly, in trend trading, it is advisable to look for long trades from the green zones, and short...
MACD's on 3 different Time Frames Indicator Information - Each Time Frame shows start of Trend and end of trend of the MACD vs the Signal Cross - They are labled 1,2,3 with respective up or down triangle for possible direction. User Inputs - configure the indicator by specifying various inputs. These inputs include colors for bullish and...
This indicator detects the trend for you and keeps you out of choppy markets. It does not give you a signal, rather it tells you for what kind of signals to look for on the top right of the screen: "Only Longs" or "Only Shorts" If there is no trend or if a trend is overextended (overbought, oversold) it tells you: "No trade allowed" The indicator does this by...
█ Overview TrendSphere is designed to capture and visualize market trends and volatility effectively. It combines various volatility measures and trend analysis techniques, producing dynamic bands and a central trend line on the price chart. Its essence is to offer a real-time, reliable estimate of the underlying linear trend in the price. █ How It...
█ Overview The Predictive Trend and Structure indicator is designed for traders seeking to identify future trend directions and interruptions in trend continuation. This indicator is unique because it employs standard deviation to predict upcoming trend directions and potential trend continuation levels. This enables traders to stay ahead of the market. ...
RSI Trend Detector is based on the Direction of PSAR. This indicator helps the easy detection of Trend Direction and Sideways Movement of Price. It was difficult to determine the RSI Trend Direction in a basic RSI indicator. one cannot decide the exact entry point where to enter. RSI Trend Detector helps with the direction of trend using PSAR direction which is...
█ Overview The TrendCylinder is a dynamic trading indicator designed to capture trends and volatility in an asset's price. It provides a visualization of the current trend direction and upper and lower bands that adapt to volatility changes. By using this indicator, traders can identify potential breakouts or support and resistance levels. While also gauging...
The ' Volume Delta Trailing Stop ' indicator uses Lower Time Frame (LTF) volume delta data which can provide potential entries together with a Volume-Delta based Trailing Stop-line . 🔶 USAGE Our 'Volume Delta Trailing Stop' script can show potential entries/Stop Loss lines A trigger line needs to be broken before a position is taken, after which a...
The PhantomFlow AccumulationDetector indicator analyzes the volume profile and displays potential accumulation based on the selected timeframe in the settings. This indicator can be used both as zones for trend following and for identifying reversals, as shown in the examples on the chart. The logic behind the formation of the accumulation zone is based on the...
⭕️Innovative trading indicator that utilizes a k-NN-inspired algorithmic approach alongside traditional Exponential Moving Averages (EMAs) for more nuanced analysis. While the algorithm doesn't actually employ machine learning techniques, it mimics the logic of the k-Nearest Neighbors (k-NN) methodology. The script takes into account the closest 'k' distances...
The Traders Trend Dashboard (TTD) is a comprehensive trend analysis tool designed to assist traders in making informed trading decisions across various markets and timeframes. Unlike conventional trend-following scripts, TTD goes beyond simple trend detection by incorporating a unique combination of moving averages and a visual dashboard, providing traders with a...
The Vortex-Based Divergence Indicator represents a groundbreaking approach to analyzing market dynamics within the realm of technical analysis. Drawing inspiration from the concept of vortices and their cyclical patterns, this indicator strives to illuminate potential divergence points within financial markets, providing traders with valuable insights for informed...
The Parabolic SAR Zone indicator is a tool designed to help traders identify the best zone to enter in a position revisiting the usage of the standard Parabolic SAR indicator. In the settings you can choose all the parameters of the standard indicator, and in addition to that you can also change the multiplier for the zone width. This indicator provides two...
This indicator is an adapted version of Julien_Eche's 'Pro Momentum Calculator' tailored specifically for TradingView's 'Supertrend indicator'. The "Pro Supertrend Calculator" indicator has been developed to provide traders with a data-driven perspective on price movements in financial markets. Its primary objective is to analyze historical price data and make...
The Pro Momentum Calculator Indicator is a tool for traders seeking to gauge market momentum and predict future price movements. It achieves this by counting consecutive candle periods above or below a chosen Simple Moving Average (SMA) and then providing a percentage-based probability for the direction of the next candle. Here's how this principle works: 1....
Taylor Series Approximations for Trigonometry: 1. The indicator starts by calculating sine and cosine values of the close price using Taylor Series approximations. These approximations use polynomial terms to estimate the values of these trigonometric functions. Mathematical Component Formation: 2. The calculated sine and cosine values are then multiplied...