The "Ultimate Trend Channel" indicator is a comprehensive trend analysis tool that calculates and displays a series of upper and lower bands based on user-defined input lengths. It uses linear regression and standard deviation to determine these bands for each of the 21 different group lengths. The indicator then computes the averages of these upper and lower...
This indicator draws an upper and lower band for each day. It uses the Average True Range calculation (with configurable lookback) and places the band at 1ATR above and 1ATR below the daily open.
I use this indicator as a simple gauge to tell how significant price movement is, and get a feel for the daily volatility. Due to the fractal nature of price action,...
This indicator is designed for scalping strategies on a 5-minute timeframe. It generates signals based on two RSI crossovers and incorporates moving averages to identify trends. Additionally, a Bollinger Band is included to eliminate the need for an additional Bollinger Band on the chart.
Please note that this indicator does not guarantee 100% accurate signals...
The Trend and Range Indicator is a tool based on median calculation and volatility analysis. It helps identify trends and ranges in price charts. This indicator highlights consolidation areas.
Only work in 3 hours timeframe
The Linear Regression Channel (Log) indicator is a modified version of the Linear Regression channel available on TradingView. It is designed to be used on a logarithmic scale, providing a different perspective on price movements.
The indicator utilizes the concept of linear regression to visualize the overall price trend in a specific section of the chart. The...
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This indicator is basically Bollinger bands with many ways to customize. It uses highest and lowest values of upper and lower band for exits. I think something is wrong with the script but cant find any mistakes – most probably smoothing. The ATR filter is implemented but is working incorrectly. In code you can also turn it into...
DB Support Resistance Levels + Smart Higher Highs and Lower Lows
The indicator plots historic lines for high, low and close prices shown in settings as "base levels". Users can control the lookback period that is plotted along with an optional multiplier. Traders will notice that the price bounces off these historic base levels. The base levels are shown as...
Momentum Bollinger Squeeze Signals - TradeUI
The Squeeze Momentum Indicator (SMI) uses the principles of the Squeeze Indicator, which is a volatility indicator, and combines them with a momentum calculation to provide a more comprehensive view of the market.
The original Squeeze Indicator uses the relationship between the Bollinger Bands and Keltner Channels to...
Scipio Pro's EIP is a reversal indicator. It is based on two types of evidence.
1) Proof of Fatigue -- The move that triggers the signal is losing momentum
2) Proof of Excess -- The move that triggers the signal is excessive
If both are the case, we get a signal.
The script uses standard deviations and Bollinger Bands for measuring excess and the ATR for the...
The above lines calculate several intermediate values used in the indicator's calculations. Here's a breakdown of each variable:
a1: Represents a modified Exponential Moving Average (EMA) of the high price series, subtracted by a Simple Moving Average (SMA) of the low price series.
a2: Takes the square root of the lowest value between the highest close price over...
The "Bollinger Bands, RSI and MA Strategy" is a trend-following strategy that combines the Bollinger Bands indicator, the Relative Strength Index (RSI), and a moving average (MA). It aims to identify potential entry and exit points in the market based on price volatility, momentum, and trend.
The strategy uses two Bollinger Bands with different standard...
Psychological levels (Bank levels) plots the closest "round" price levels above and below current price, based on neuroscience research of how humans intuitively calculate in logarithms.
Psychological levels, also called bank levels, are "round" price numbers, by truncating after the nth leftmost digits, around which price often experience resistance or support,...
Description:
Introducing the Multi-Indicator Confluence Signals (MICS), a comprehensive trading tool designed to simplify the process of analyzing multiple technical indicators and uncluttering your screen!
You are able to select various pre-existing indicators, including Stochastic, RSI, MACD, EMA, DMI, Bollinger Bands, and a our own custom signal we created...
TrueLevel Bands is a powerful trading indicator that employs linear regression and standard deviation to create dynamic, envelope-style bands around the price action of a financial instrument. These bands are designed to help traders identify potential support and resistance levels, trend direction, and volatility.
The TrueLevel Bands indicator consists of...
Just a quick trial at using statistical variance/standard deviation as an indicator. The general idea is that higher variance in the short term tends to indicate more volatility/movement. The other thing is that it can help set probabilistic boundaries for movements (e.g., if you set the bars to be 2 standard deviations, you are visualizing a range that denotes...
This indicator utilizes signals generated from a normalized consensus of one of the four following consensus strategies: Oscillator Consensus, Moving Average Consensus, Democratic Fib Consensus, and an Ichimoku Cloud Consensus. When the values of the individual consensus are normalized, they can be utilized as an oscillator with a range of 0-100. The range of...
Bollinger Bands and Keltner Channel are two of my favorite channels. When you use them correctly, they can bring great help to your trading.
I like to use Bollinger Bands and Keltner Channels to identify when you can trade and when you can not trade, which is also known as the "squeeze".
When the opening of the Bollinger Bands is very small, it is a range that ...
