This script is based off the original "Elder Impulse" system. It is based off a series of indicators including EMAs and MACD crossovers to change the colors of candlestick bars which can act as buy/sell signals to traders. Additionally this script plots 2 lines on the chart - one red and one green. These lines show the price levels needed for the current bar's...
- The RSI indicator is displayed right on the chart, along with overbought and oversold notification symbols.
- Easily enable/disable the display of RSI Upper Band, Lower Band.
RangeBound - Code tracks price action within a user specified range (lookback), and tracks/charts overall high/lows, open high/lows, and close high/lows. Code resets certain parameters based on break of range to assist with determine price action - Can be useful to determine resistances to movement regardless of S&R levels. Code also uses the previous 5X Close...
What does this chart show? Take the highest high and lowest low of 200 bars. Divide that into 20 chunks. The more time the price spends in one of those 1/20th pockets, the brighter it is lit up on the chart. Number of bars back can be modified to around 500. It starts to chug beyond that. Brightness level of heat map can be adjusted. 0.5 is default. 1 = brighter,...
A "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be...
The Percentile Nearest Rank Rainbow Overlay (PNRV) is an indicator for the TradingView platform that aims to visualize the ranking of a given source data within its own percentile range.
The PNRV indicator takes a single input, "src", which is the source data that the indicator will operate on. This input can be any series of data, such as stock prices, volume,...
Range Filter Buy and Sell 5min - the @guikroth version, republished.
Since this popular version of the Range Filter is no longer available via the original author, I republish it here under the same name.
This version remains true to the guikroth version from the calculations to the default settings and comments in the code, with the exception of an update to...
This indicator creates a high and low channel of moving average type selected, it also can draw deviation bands based on the channel for a unique representation of squeezes.
Features
Moving average channel displays constant high and low price trend.
Center band displays color representative of trend direction constantly.
High price trend line...
This indicator combines the McGinley Dynamic and Donchian Channels by taking the lowest and highest values over a set length (defaulted to 14) then applying the McGinley Dynamic math to these values. The upper range is denoted by a green line while the lower range is denoted by a red line. Additionally, standard deviations of 1, 2, and 3 have been put in place...
This script is for custom candles based on an MA calculation with a default period of 14 as well as an SMA of the close price, defaulted to 1 period to only show the current price. The purpose of the custom candles is to try and reduce noise from candles and help identify trends.
Explained:
- High, Low and Close are all calculated using an MA calculation based...
This is the Impulse indicator that allows you to receive alerts in the case one of the following situation occurs:
1) Buy Setup
- Price above Exponential Moving Average 260
- Moving Average 21 above Exponential Moving Average 260
- Moving Average 9 above Moving Average 21
- RSI(14) above 50
- Stochastic equal or below 20
2) Sell Setup
- Price below Exponential...
The Binomial MA Bands is a simple and straightforward trading tool that uses a binomial distribution to calculate the moving average and standard deviation of a given price series. It allows users to adjust the length of the moving average and the multiplier for the standard deviation, providing some flexibility in its usage. However, it should be noted that the...
Massive update! This script now includes 12 different moving averages and 30+ built-in technical indicators to enhance your trading strategy optimization! (:
This script (MACD Optimizer Pro) allows the user to optimize and test hundreds of MACD strategies, simultaneously, in under 40 seconds. Of course, theoretically, an unlimited number of trading strategies can...
The Oscillator Extremes indicator plots the normalized positioning of the selected oscillator versus the Bollinger Bands' upper and lower boundaries. Currently, this indicator has four different oscillators to choose from; RSI, CMO, CCI, and ROC.
When the oscillator pushes towards one extreme, it will bring the value of the prevailing line closer to zero. If...
AI-Optimized Supertrend
Introducing AI-Optimized Supertrend: a streamlined solution for traders of any skill level seeking to rapidly test and optimize Supertrend. Capable of analyzing thousands of strategies, this tool cuts through the complexity to identify the most profitable, reliable, or efficient approaches.
Paired with TradingView's native backtesting...
Long/short strategy that identifies extreme readings on the rsi as a *momentum signal*, unlike most RSI strategies the script will look to buy or sell the first pullback in the direction of the extreme RSI reading.
Enters positions on the first pullback to the 5ema(low)/ 5ema(high) and exits at rolling 12 bar high/ low. The rolling high/ low feature means that if...
This indicator was designed for finding good entries for scalping the market
How does it work:
- It works on a basis of price running out of its bands and its return
- Once the price is out of bands, the system starts scanning for two patterns --> sudden price reversion and losing of momentum.
- If any of these patterns occur, the indicator waits for a...
![NIFTY1!: RobokiteTrading_By [kushal harsola]](https://s3.tradingview.com/f/fsexthFK_mid.png "RobokiteTrading_By [kushal harsola]")
![AAPL: MACD Optimizer Pro [Kioseff Trading]](https://s3.tradingview.com/p/Pjk7gEPz_mid.png "MACD Optimizer Pro [Kioseff Trading]")
