This script is based on Rob Hoffman's trading strategy. I do my best to implement and cover all necessary parts for the complete strategy, including multiple moving averages and Hoffman's retracement strategy according to bars (45%). Difference that I do on my own is that my script follow the trend, based on SMA50, so script will not give you Long signals,...
Infiten's Return Candle Oscillator is an oscillator which shows the percentage return on the open, high, close and low over a customizable period in the form of candlesticks. It may be helpful for seeing volatility, swing trading, or mean reversion trading. The RCO consists of two plotted elements : RCO Candles (short length): candlesticks which are plotted...
Wizard Algo: ============================== Features of the indicator: - BULL/BEAR Signals - TP (Take-Profit) and Exit System - Possible Reversal Signals - Reversal Scalper - Reversal Bands - Trend Bar Colors - Auto Support/Resistance Levels - Auto Trend-Lines ================================ Description: 1. Signals: The signals consists of 2 different...
The script shows change in a single EMA over a specified period as a histogram. The period of EMA as well as Change period can be specified. Moreover, it also shows change in direction of EMA. The change can be negative for a downward trend and positive for an upward trend.
Dynamic ADX by The Pine Guru What is the Dynamic ADX? The Dynamic ADX is an indicator created using the regular ADX, Line, and additional ADX Moving Average. This MA allows the script to calculate the ADX differently to the original ADX, providing greater input and accessibility to the user. As the ADX is a volatility indicator, it is communicates to trend...
A simple script that adjusts the RSI visibly in order to better accommodate swing trading and certain swing trading setups/strategies. -------------------------------------------------------------------------------------------------------------------------------------------------------- Best used in conjunction with "Linear Regression Channel by...
From time to time, you may want to overlay multiple assets on the same chart instead of using multi-chart views. This can be a much cleaner way of viewing and comparing multiple assets. There is some functionality built into TradingView that lets you do this to a certain extent, but I wanted additional options, correlation labeling and ways to adjust the overlay...
Hello All, This script shows the indicators in separate windows on the main chart. Included indicators are RSI, CCI, OBV, Stochastic, Money Flow Index, Average True Range and Chande Momentum Oscillator. indicator windows are located at the top or bottom of the chart according to last moves of the Closing price. Different colors are used for each indicator....
Use of GoldenCO Aie2 This market price movement trend analysis uses exponential moving average which is ema5/20/50. The purpose of using this EMA is to find out the effect of price changes that occur and the current trend of the market whether bullish or bearish. It is suitable for short-term or long-term trading. for short term trading, the trader uses...
THE 'PROBLEM' A lot of buy and sell strategies are based on price action being at a particular (support) level, crossovers of different moving averages or of price action over moving averages. Whilst this is a safe way to trade, the price paid is lost earnings , whilst one waits for price/moving averages to reach a particular level/configuration. So for instance...
Who needs a Technical Analyst? yes I can hear someone is asking for, and here is one that can help you with technical analysis The analyst will present a technical anlaysis report at a glance calculated by the most popular technical indicators , and the good part, the anlayst will do it voluntarily technical skills of the analyst: - experienced an all...
Convergence/divergence indicator (CDI) Class : arbitrage oscillator Trading type : intraday trading Time frame : 1 hour Purpose : trading on divergence Level of aggressiveness : standard Arbitrage - several logically related transactions aimed at profit from the difference in prices for the same or related assets at the same time in different...
Indicator «Michael» Class : trend indicator Trading type : intraday trading / mid-term trading Time frame : 15 min -1 day Purpose : trend trading, reversal points identification, Level of aggressiveness : standard Indicator “ Michael ” indicator is designed to identify a local trend and generate signals for trading in the direction of the current...
Heikin Ashi charts are similar to candle charts, but the main difference is that a Heikin Ashi chart uses daily price averages to show the movement of the average price of an asset. The idea is to use the heikin Ashi technique as an indicator and not as the main chart, to avoid enter or exist the market too late. Key concepts: - The averaged open and close help...
Tema highlights bars based on the triple ema ( tema ) with two different length qualifiers. The tema is believed to react quicker to price fluctuations than the simple moving average ( sma ), the exponential moving average ( ema ), and the double ema ( dema ). The shorter length tema crossing over the longer one is believed to indicate a bullish trend ahead,...
Find the most relevant price direction changes with ease, with this geometry-based indicator. Stop wasting your time with moves that don't offer a satisfactory range for good profits.
With this powerful and simple indicator, you can easily see where the micro-trend is moving and also find the best entry and exit points for your strategies with one look. It has 5 behavior options from aggressive to ultra-conservative. It's plug and play, it's really that easy.