✋ Experimental script where a diamond shape is created by making 4 lines around each bar which touches the edge of the bar. 𒀸 Example of how it works: Create the left upper line: A) Calculate middle of the bar B) Calculate which one is highest -> close or open 'Draw' imaginary line from A to B (A starts 1 bar...
This script aims to encompass the style of Traders Reality, Steve M (BTTM), and Stacey Burke (youtube) yesterday and last wk high and low Custom watermark with examples (good for fullscreen multicharts) can set it to show the year and week x of year Colored candles for ays of week. The theory behind these colors are that monday and tuesday set your...
This is just a script to see the usage of volume from another source, i.e. US100 while using alerts in Renko chartview.
Hello Guys! Nice to meet you all! This is my first open source script! ### Long Condition 1. Bullish Engulfing Candle 2. No doge Candle 3. Present volume should be bigger than the previous volume (20%) 4. Trend filter (with 2 EMAs) ### Close Condition 1. When trend Changes 2. When Bearish Engulfing Candle appears ### No stop loss and take profit.
This indicator will give you an overview of the trading volume of 1 candle, useful for new traders (This indicator will be updated more in the future). The current calculation method does not give any any trading signals!If you find it interesting or want to support the development of this indicator ,You can support me a cup of tea via the following link: ...
Market Sessions Day & Candles JRA V2.0 This indicator will allow you to: - Create boxes for the Market Hours for: '♯1 SESSION TOKYO' '♯2 SESSION LONDON' '♯3 SESSION NEW YORK' You will be able to change the Hours depending your TimeFrame You will be able to extend the boxes for the Market Hours and Have Fibonacci Levels on it. - With every one of it you can...
Adaptive Deviation is an educational/conceptual indicator that is a new spin on the regular old standard deviation. By definition, the Standard Deviation (STD, also represented by the Greek letter sigma σ or the Latin letter s) is a measure that is used to quantify the amount of variation or dispersion of a set of data values. In technical analysis we usually...
Dollar Index (DXY) Candles is an educational/experimental indicator that attempts to recreate the Dollar Index DXY: TVC:DXY .This is useful so others traders can see how the DXY is calculated. The U.S. Dollar Index (USDX, DXY, DX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as...
This is for educational purpose. Strategy is a test strategy to take long and short position
This script is a trend-following system that uses a long-term and Short-term Moving Average to spot the trend. Default Settings and Calculation: - The trend is detected using the Simple Moving Average on 200 periods and 30 Periods. - The Market is considered an Uptrend when the price closes above the 30 and 200 Moving Averages. - The Market is considered in a...
English Knowledge: Midpoint Strategy; The general calculation method is a strategy that helps determine direction by the intersection of a MA line and the value obtained by dividing the lowest and highest price in the specified length range. Başlangıç Periyodu: The data length of the Midpoint Line. Kaydırma Seviyesi: The number of steps forward or backward of...
Buy Sell Indicator For Forex And Crypto Based On Stochastic RSI and EMA
This script shows upto two lines that represent a deviation from the price based on a multiple of the ATR% close + ( (close / 100) * ( atr * upperMultiplier) ) and close - ( (close / 100) * ( atr * lowerMultiplier) )
...Mark Douglas in his book Trading in the Zone wrote The longer the time frame, the more significant the trend, so a trending market on a daily bar chart is more significant than a trending market on a 30-minute bar chart. Therefore, the trend on the daily bar chart would take precedence over the trend on the 30-minute bar chart and would be considered the...
Financial Disclaimer on chart. Text as well as table and text colour can be customized.