Introduction For Wyckoff, three things are important in analyzing the market: price, time, and volume . This indicator provides two types of signals: - linked to large movements of volumes (red and purple circles on top); - large price movements concerning volatility (green/red triangle up/down); In the first case, it highlights the volumes that differ from the...
The Trend Analysis Index was created by Adam White and not to be confused with the Trend Analysis Indicator that I also published. This indicator operates under the same idea but using a completely different calculation to achieve similar results. The idea behind this indicator is for a combination of volatility and trend confirmation. If the indicator is above...
Introduction For Wyckoff, three things are important in analyzing the market: price, time, and volume . This indicator provides two types of signals: - linked to large movements of volumes (red and purple circles on top); - large price movements concerning volatility (green/red triangle up/down); In the first case, it highlights the volumes that differ from the...
This script provides the ATR price when added to the top and bottom of the currently hovered candle. The prices are shown top left next to the indicators' name. This means you do not have to manually subtract or add ATR to price. Line opacity allows you to show the lines where the ATR is, however, I recommend to keep this disabled. Line type allows you to choose...
This indicator displays up to 20 fully editable moving averages. Go to MA Waves settings and play around to get your favorite visual display, there are plenty of combinations to chose from. Depending on time frame and tuning, it can be used as a trend/momentum & volatility indicator or to identify supports/resistances. Longer moving averages represent a stronger...
Value Charts is a detrended price indicator created by David Stendhal, it shows the overbought and oversold levels using the average range
This script will search for zones where the range between the high and low is lower than avg % nearest rank of last X bars. After X(=30) bars of consolidating range it will signal that the market is in a range and draw the top, bottom and middle of that range. When price breaks the consolidating range the range is cleared, this is where you long/short the...
Hello Friends. We have been working on this script for a long time. Briefly, our scenario works as follows. This test data includes results as of January 1, 2022 using a balance of $1000 and 10%. WORKİNG LOGİC : Relative Strength Index Directional Movement Index Relative Momentum Index Indicators are Blended. 1 conditions are met in the...
The Projection Bands were created by Mel Widner (Stocks and Commodities Jul 1995) and this indicator and the other two that rely on this one (I will publish them later) are very underappreciated in my humble opinion. The biggest strength of this indicator is the fact that it is a leading indicator for dramatic price movements. As you can see in my example chart it...
█ OVERVIEW Development of this toolkit is to understanding information provided by the market in depth before trading. The main reason for losing money or not being profitable is that you do not understand the information given by the market. If you master the information given by the market, the number of losses will be greatly reduce. We composed a lot of...
Description of the indicator: The SAR indicator will indicate a trend change on the chart: LONG: Red up arrow + GOLONG alert + red horizontal line SHORT: Blue down arrow + GOSHORT alert + blue horizontal line A HILO trend channel is also formed, which is reset when the trend changes. The HILO channel will help you see the price movement in the channel. Trend...
This indicator aims to provide a deeper insight into market events by using volume data. Features Aggregating volume data across multiple exchanges (only for built-in crypto pairs, e.g. BTC and ETH) Detection of volume spikes (customizable size) Alerts for volume spikes (breakouts/mass liquidation events) Configurable moving average type Custom moving...
datsana ; script uses analysis of : - directional price movements , - strength / weakness of market, - volatility based on these indicators : - DMI - RSI & RSI div. - Bollinger Bands - Ehlers fisher transform - DM in order to find possible bullish / bearish reversals . this script also uses a ‘deceleration’ system to filter reversal signals...
🎲 Volatility is an important measure to be included in trading plan and strategy. Strategies have varied outcome based on volatility of the instruments in hand. For example, 🚩 Trend following strategies work better on low volatility instruments and reversal patterns work better in high volatility instruments. It is also important for us to understand the...
A spin-off of my similar script for ES futures. This script uses the VXN Index instead of the VIX, which represents the 30-day implied volatility of Nasdaq-100 options and then uses that value to plot bands on the chart, helping traders identify price extremes as identified by the options market. Users can modify the moving average, bands multiplier, and number of...
Today I am sharing with the community a volatility indicator that uses the Nasdaq VXN Volatility Index to help you or your algorithms avoid black swan events. This is a similar the indicator I published last week that uses the SP500 VIX, but this indicator uses the Nasdaq VXN and can help inform strategies on the Nasdaq index or Nasdaq derivative instruments....
This study/indicator script is meant to allow users to set alerts based on my MA Bollinger Bands + RSI (Strategy). Both Study and Strategy scripts reflect the exact same user inputs, parameters and trading signals. 6 different alerts available: - MABB+RSI Long (or Short) Signal (all): activates for every single Long (or Short) signals - MABB+RSI Long (or Short)...
Just simple usage of box.new and box.set_* methods in PineScript. Absolutely useless made for fun and self study.