I discovered a video on YouTube which was published on Jan 22, 2021. I just coded on TradingView. It's performing better in smaller TimeFrames (1m, 5m, ...). How does it work? How to use? This is based on Bollinger Bands and Exponential Moving Average. The logic is so simple: It will wait until the a candle starts to poke out of the BB. When it figures out a...
Simple script that plots price to MA distance (ATR) as a bar chart. ATR is being used here instead of % because ATR keeps it relative to current volatility (1ATR move in either direction can have very different % for when price at 20cent and 2 dollars). Upper/Lower band is calculated based on the average of previous peak/trough. Price approaching the band could...
Original implementation idea of bands by: Traders issue: Stocks & Commodities V. 14:9 (375-379): Standard Error Bands by Jon Andersen Standard Error Bands are quite different than Bollinger's. First, they are bands constructed around a linear regression curve. Second, the bands are based on two standard errors above and below this regression line. The...
This indicator is meant to help traders confirm their entries. What it does. This indicator includes the Ichikomu cloud for trend direction. Buy and Sell Entry Bars then confirms the current trend and advises the trader when to enter. Support, Resistance and Pivot Lines are also available to help find key areas on the chart. User can adjust the time frame of...
v2 of Heat Zone RVI • Updated aesthetics and added various alerts. • The use of temperature descriptions with these Heat Zone scripts is more so metaphoric of the interpretations from what the RVI attempts to indicate primarily. --- Due to the additions of the Overheated and Freezing Zones , the indicator-pane scaling is a little different from the original...
Golden Ratio Multiplier Formula GRM=MA350(BTC USD) * (1.6;2;3;5;8;13;21) The multiplier examines medium-and long-term time cycles. For this, a multiple of 350 MA is used to determine the areas of potential resistance. Additionally, fibo levels from the main line. version 2021 year modification
™TradeChartist MA Visualizer is a Moving Average based indicator aimed to visualize price action in relation to the Moving Average in a visually engaging way. =================================================================================================================== █ MA Visualizer Features 11 different Moving Averages to choose from the settings...
Here at Alpha Trading if we find something that works, that aligns with our philosophy then after thorough testing by the Alpha Wolves, we add some of our own secret sauce and then provide it back to the community as a free indicator. The Alpha Volatility Quality is one such indicator and is largely influenced by the original work of Thomas Stridsman, and more...
ENG) This indicator is based on ATR ( average true range ). The weather emojis are signaling changes in volatility . It generates a signal by breaking the ATR line. Average True Range (ATR) is the average of true ranges over the specified period. ATR measures volatility , taking into account any gaps in the price movement. Calculation ATR = (Previous ATR * (n -...
Here it is, as promised, supertrend based on Zigzag candles. Earlier scripts on the Zigzag Candles expedition are here: Zigzag-Candles Zigzag-Candles-MA Zigzag candles parameters Length and CandleSize remain as is. Along with this, we also add MALength and AtrMult to calculate ATR based on the new candles and to use it to derive supertrend. ...
MACD & RSi Confluence. Great for those who are looking for RSI & macd signals. Highlights volatility & structure points for entering & exiting the market. You have to understand market volatility to understand this concept. So please research more on those subjects before using. But The RSI is the relative strength index it helps you understand the increase in...
Bar Color Candle Aligned with pivot points swing high and swing lows For Those Who Are Familiar with Trading The Breakouts Of Highs & Lows Of Structure. Pivots are said to be key areas in the market where price shows heavy reaction to where reversals make occur. At these points there are swing Highs & swing lows that traders may be able to find opportunity in the...
This script allows you to determine the leverage required to enter one position based on the set entry price, the price of the expected take profit, stop loss and risk per transaction. It also allows you to schedule this transaction for 5 possible transactions, with different shoulders and a martingale coefficient for each subsequent gain at the same risk,...
This script allows you to determine the leverage required to enter one position based on the set entry price, the price of the expected take profit, stop loss and risk per transaction. It also allows you to schedule this transaction for 5 possible transactions, with different shoulders and a martingale coefficient for each subsequent gain at the same risk,...
Je vous présente Quadropocket ( Script avec config par default pour cross Leverage ) a vous d'adaptez vos leviez ou vos holds Il ce compose de : - Retracement Gann pour s'adapter plus facilement au grosse réactions de marché comparé au fibonacci qui sont plus adapté a des mouvement de vagues , a cela est adapté du LSMA pour l'indication claire et net de la...
Very much similar to : I have slightly changed code to accommodate multiple zigzags. Also removed possibility of external source to keep it simple. Indicator shows 2 Level zigzag based supertrends. Second zigzag used is multi level zigzag and hence, this acts as higher timeframe filter and can be considered as overall trend bias.
ENG) What is a SFP? A Swing Failure Pattern (SFP) is a trade setup in which big traders hunt stop-losses above a key swing high or below a key swing low for the purpose of generating the liquidity needed to push price in the opposite direction. How do you determine swing pattern failure? The failure swing pattern is a type of reversal pattern that can be used...
This study checks previous Stock trends (volatility) before Earnings announcements. This indicator is used to gauge the stock personality before earnings. Some are consistently better than others. The range to be analysed before earnings is modified in "Candles before EA to plot Trend" , and the total period under study (how many Earnings periods) is set by "Date...