This is a code snippet written in the Pine programming language for TradingView platform. It is an implementation of a custom technical indicator called "L1 Magic Moving Average".
Moving averages are widely used in technical analysis to identify trends and reversals in the price of an asset. The idea behind moving averages is to smooth out the price data by...
This indicator counts consecutive green/red candles offering some basic statistics and signals/alerts.
Features
- Counts consecutive green/red candles in an oscillator chart
- Moving average of the counting helps spotting when the consecutive candles are away from the mean. MA length and multiplier to adjust the signal sensitivity.
- Thresholds can be set to...
Guppy Multiple Moving Average (GMMA) is a widely used technical analysis tool that can help traders identify price trends, determine entry and exit points, and identify signals of price reversal. The inventor of GMMA is Daryl Guppy, an Australian trader and technical analyst who developed this technical analysis tool in the late 1980s and early 1990s. GMMA is...
"VARGAS" is an indicator that can be used in all timeframes on charts in the stock, crypto, and commodity markets. It allows trades to be opened according to the intersections of moving averages in different time periods.
It is an indicator using weighted moving averages. Using a weighted moving average has the following benefits for traders:
1) Precision and...
The Gaussian Ribbon utilizes two "Arnaud Legoux" moving averages with the same length to identify changes in trend direction. The plotted channel consists of two lines, one based on the default offset and sigma values, and the other with slightly adjusted customizable parameters.
ALMA is a type of moving average that is related to the Gaussian function...
Variable Index Dynamic Average (VIDYA) is a technical indicator that adjusts its sensitivity to market volatility. VIDYA is an exponential moving average (EMA) that uses the standard deviation of price as a measure of volatility. When the market is volatile, the indicator places more weight on recent prices, and when the market is stable, it places more weight on...
The Price Strength Index + RSI Buy/Sell Zones indicator is a technical analysis tool designed to evaluate the strength of a financial asset's price movement by comparing it with a series of Volume Weighted Moving Averages (VWMAs) of different lengths calculated from historical data.
Hypothesis :
The core hypothesis behind this indicator is that assessing the...
The "VWMA/SMA Delta Volatility (Statistical Anomaly Detector)" indicator is a tool designed to detect and visualize volatility in a financial market's price data. The indicator calculates the difference (delta) between two moving averages (VWMA/SMA) and uses statistical analysis to identify anomalies or extreme price movements. Here's a breakdown of its...
Dynamic GANN Square Of 9 Bands
Created on 3 Sept 2023
Adjust Increment Value:
Customize increment to match symbol and price characteristics for accuracy.
Green Line:
200 EMA. Identifies trend direction; moves with the prevailing trend.
Red Lines:
Mark prominent reversal levels closer to the red range; ideal for mean reversion strategies.
...
Fib TSI = Fibonacci True Strength Index
The Fib TSI indicator uses Fibonacci numbers input for the True Strength Index moving averages. Then it is converted into a stochastic 0-100 scale.
The Fibonacci sequence is the series of numbers where each number is the sum of the two preceding numbers. 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610...
TSI uses...
Description:
The "Zaree - FX Index Spread Indicator" (FISI) is a powerful technical analysis tool designed to provide insights into the spread between two selected currency indices. By calculating and visualizing the percentage difference between the values of a primary and a secondary currency index, traders can gain valuable information about potential market...
This indicator works only for symbols where open interest data is available.
The idea was to create a combination of Volume Delta, Open Interest, RSI, Moving Average and Support / Resistance as a unified tool.
I created a Weighted Moving Average based on the Volume Delta (VDWMA). The idea behind this was to reflect the moving average on the difference between...
I've developed a cool indicator. The indicator calculates a Fibonacci-weighted moving average (FWMA) based on a specific length. What sets it apart is that it assists me in identifying potential trend reversals. When the indicator's color changes - from red to light red or from green to light green - it's an indication that the trend might be shifting.
What...
Visualize two of your favorite moving averages in a fun new way.
This script calculates the distance (or difference) between the price and two moving averages of your choosing and then creates two histograms.
The two histograms are plotted inversely, so if the price is over both moving averages, one will be positive above the centerline while the other still...
█ OVERVIEW
This script is an indicator that plots short, medium and long moving averages for multiple fractals. This script was based on sharks EMAs by rlvs indicator, that plots multiple rays for each fractals into the chart. The main feature of this indicator is the customizability. The calculation itself is simple as moving average.
█ MOTIVATION
The...
"MA Directional Table" primary objective is to analyze the direction of the trend based on two Moving Averages (MA) for various timeframes and customizing the inputs to match your preferred style.
Features:
Moving Average Type: You can select which type of Moving Average to use (SMA, EMA, VWMA).
Moving Average Lengths: You can set the lengths for the short-term...
⭕️Innovative trading indicator that utilizes a k-NN-inspired algorithmic approach alongside traditional Exponential Moving Averages (EMAs) for more nuanced analysis. While the algorithm doesn't actually employ machine learning techniques, it mimics the logic of the k-Nearest Neighbors (k-NN) methodology. The script takes into account the closest 'k' distances...
The Dynamic Point of Control (POC) indicator provides traders and analysts with insightful information about price levels, volume distribution, and sentiment within a specified historical range.
Instant Updates : POC recalculates with every new bar, keeping you ahead of the game.
Market Bias : Assess market sentiment through bullish volume share.
Customization...
![BTCUSDT.P: [blackcat] L1 Magic Moving Average](https://s3.tradingview.com/p/pXPifsWD_mid.png "[blackcat] L1 Magic Moving Average")
![DOGEUSDT.P: [blackcat] L1 Guppy Multiple Moving Average (GMMA)](https://s3.tradingview.com/m/Mc2Cn9Ie_mid.png "[blackcat] L1 Guppy Multiple Moving Average (GMMA)")
![BTCUSDT.P: [blackcat] L1 Variable Index Dynamic Average (VIDYA)](https://s3.tradingview.com/c/cBuz7B5z_mid.png "[blackcat] L1 Variable Index Dynamic Average (VIDYA)")
![AAPL: [sphx] FWMA](https://s3.tradingview.com/j/jEJSshjO_mid.png "[sphx] FWMA")
