The script allows to assess the volatility of an asset. It works by calculating the rate of change and the standard deviation. The index is useful to determine the lowest volatility periods (could be useful to look strategies) and also it determine the highest volatility periods (maybe for exits or partial closes). It has 3 iputs: Lenght. Low volatility...
█ Standard Deviation Refurbished This is an indicator that serves to show the standard deviation in a more improved and less trivial form. Basically, I put the option to normalize the indicator in a range of 0 to 100. I also put 10 moving averages of standard deviation. In the graphic part was placed the choice of themes. Gratitude to the author 'The_Caretaker'...
Introducing a new improved Sessions indicator, still using that 24 hour look ahead plotting, this time with a twist of eye pleasing data. Now traders at a quick glance can see what session they trading in, time till its done, and what is the next session. Including daily dividers, day labels and kill zone highlighters. This tool is a day traders dream to have this...
I bring to your attention a dynamic indicator Adaptive Envelope . The main qualitative characteristic of the technical indicator is adaptability. This means that it does not need to be adjusted for each tool. The adaptive envelope itself dynamically adjusts to the volatility of each individual instrument, or even timeframe. And thanks to a wide range of...
This script can be used to detect large candles, similiar to ATR, using the variance of a sliding windows and certain threshold.
I'm a big fan of The_Caretaker's BBWP and wanted to add it as a volatility indicator to some of my scripts, but since it is over 100 lines of code (plus spacing and comments) I wanted to find if there was a simpler way to get comparable results. SBBWP uses Pine 5 built in functions that I don't believe were available when The_Caretaker wrote BBPW. The main...
As repeated from my Variance Z-Score Script: "Variance is a measure of dispersion, simply put, it is measuring how distant data is from it's mean(average). This indicator allows you to see when variance is increasing or decreasing, as well as when it is at an extreme value. Thru this, you can get a more accurate description of risk. When variance is...
This indicator is using ATR ( Average True Range ) to set the Target point and Stop loss. Use the pink number as target, always. If you are in Long position, use the green number as stop loss, so the red number is not useful in Buys. If you are in Short position, use the Red number as stop loss, so the green number is not useful in Sells. ** Need to enter the...
Purpose - MACD is an awesome indicator. However, I felt I could improve the existing MACD indicator by also letting it visualize the rate of change (ROC) of the histogram (whether rate of change is increasing or decreasing - just like a derivative). By doing so, the indicator will better show the rate of change of the trend. How It's Done - To the...
👉 What is this indicator ? This indicator is made up of Trend and Moving Average, The idea used in this indicator is to understand the current trend and take buy sell entry based on moving average 👉 How many alarms does this indicator have ? This indicator has two types of alarm for buy signal and sell signal, and it is best to set the alarm by selecting the...
Перекупленность и Перепроданность. Зеленая линия - Лонг Красная линия - Шорт
view on 1m chart, vol is calculated from previous 1440 1m closes
OVERVIEW The Average True Range Moving Average (ATRMA) is a technical indicator that gauges the amount of volatility currently present in the market, relative to the historical average volatility that was present before. It adds a moving average to the Average True Range (ATR) indicator. This indicator is extremely similar to the VOXI indicator, but instead of...
Bollinger Bands of different lengths are displayed with a line chart in front of the candle. A Bollinger band with a length of 20 and a Bollinger band with a length of 120 can be easily identified by the circle and color displayed whenever the line passes. In the input menu, you can edit the length and deviation of the Bollinger band, the number of candles to be...
When you have charts full of too many indicators, it can mess up with your analysis and cause analysis paralysis. Use RelicusRoad Signal Line to simply your charts with a beautiful color changing moving average line as per the strategies selected. 4 different strategies to choose from: 1) MACD 2) PMACD (Price Action + MACD) 3) Parabolic SAR 4) Momentum GREEN:...
Volatility is the most common measure of risk. Volatility in this sense can either be historical volatility (one observed from past data), or it could implied volatility (observed from market prices of financial instruments.) The main objective of EWMA is to estimate the next-day (or period) volatility of a time series and closely track the volatility as it...
The NDO is a volume-based indicator that indicates how many standard deviations the volume is away from the mean volume. In other words, this script is useful for detecting when the volume is abnormally large, spotting pumps and dumps, and movement of whales. Green indicates that the volume is more than 3 standard devs away from the mean, yellow means its more...
This is my first Pine Script attempt. Nothing special, just an "all in one" for the most common things I use, and what I have found to be the most common in a lot of strategies. Great for free and limited accounts as it combines 7 total indicators into one. -- First 5 indicators are Independant Moving Averages: -Each one can be set for length, as well as source...