This script is a combination of the RSI, QQE and BB Here is an explanation on how I combined them, and how they are used: - RSI (Relative Strength Index) - Display a smoothed version of the RSI to identify "oversold" and "overbought" market phases - Used to calculate a QQE - QQE (Quantitative Qualitative Estimation) - Used to identify trend...
Today I am sharing with the community trend cross strategy template that incorporates any combination of over 20 built in indicators. Some of these indicators are in the Pine library, and some have been custom coded and contributed over time by the beloved Pine Coder community. Identifying a trend cross is a common trend following strategy and a common custom-code...
█ Support & Resistance Trendlines with Pivot Points + Fibonacci Channel This script automatically draw support and resistance trend lines based on pivot points and add a fibonacci channel. It will show potential patterns with the help of support and resistance lines as well as breakout target and pullback entry with the fibonacci extension and retracement...
This is a strategy using Bollinger Bands. The strategy is predicated around having low volatility in price action and then looking to capture a move when price starts to trend outside of the Bollinger bands. This strategy has only been backtested for 1 month but it has promising results so I will be sharing it looking for feedback. I run this strategy on the ERUSD...
There is n number of possible ways in which we can backtest divergence and this is just a start :) In this script, we are trying to count how many times the pivots made HH, HL, LH, LL after a particular divergence state. An example of using data is as below: The script keeps track of each pivot sentiment and resulting next pivot state. As mentioned in the...
MODIFIED ADX DI+/DI- V5 Usage: To use this indicator for entry: when DMI+ crosses over DMI-, there is a bullish sentiment, however ADX also needs to be above 25 to be significant, otherwise the move is not necessarily sustainable. Inversely, when DMI+ crosses under DMI- and ADX is above 25, then the sentiment is significantly bearish , but if ADX is below 20,...
Dear Tradingview community, Today I want to share a very powerful, yet easy to use indicator with you. The indicator will find local tops or bottoms and will help you determine when it's a good time to trade a potential reversal. How does it work? The indicator makes use of the RSI to detect extremities and waits until the RSI reverses. Furthermore, a long-term...
Know Sure Thing - Plotted on weekly candles (source from Martin Pring) Developed by Martin Pring, Know Sure Thing (KST) is a momentum oscillator based on the smoothed rate-of-change for four different timeframes. Modifications: Arrows representing long/short signals based on the timeframe (S for short term, M for mid term, L for long term)
This indicator is "Interactive" which means some inputs can are manually added through the first click after adding the indicator to the chart (ATR Trailing Stop-loss start point). See images below for more explanation. Why use a trailing stop-loss? A trailing stop-loss provides an exit when price moves against you but also enables you to move the exit point...
RF+ Replay for Heikin Ashi RF+ Replay for Heikin Ashi generates fully customisable Heikin Ashi candlesticks presented on a standard chart, enabling traders to utilise the Tradingview Replay feature with Heikin Ashi candlesticks when analysing and backtesting HA style strategies. The features of this indicator include: - Fully customisable Heikin Ashi...
GAPs Gaps are areas on chart where the price have moved sharply up or down, with no trading in between. Gaps often fill, but they don't have to. Volume Imbalance Volume imbalance - determined using 2 candles Bullish Volume Imbalance - area between the close of 1st candle and the open of 2nd candle Bearish Volume Imbalance - area between the close of 1st candle...
Introduction Hello, this here is a non-repainting candlestick indicator which is able to detect OB looking candlestick formations. Usage It can be used to confirm entries, but be aware that it produces a lot of false signals. Somehow the swings tend to reverse at these points. I recommend the 10–15 minutes timeframe. I hope you enjoy this small indicator. :)
Library "LibIndicadoresUteis" Collection of useful indicators. This collection does not do any type of plotting on the graph, as the methods implemented can and should be used to get the return of mathematical formulas, in a way that speeds up the development of new scripts. The current version contains methods for stochastic return, slow stochastic, IFR,...
Based on the official original average true volatility (ATR), two functions have been extended. Users can see the suggested stop loss and take profit parameters when entering a long or short order with each K-line. Part of the settings: Length: The preset is 14 K lines, which can help you grab the suggested stop loss point. Long-short single profit-loss ratio:...
It's a script that computes volatility-adjusted momentum indicators. The problem with the momentum indicator is that it's absolute and it's hard to interpret its value. For example, if you'll change the timeframe or instrument value of Momentum will be very different. We tried to solve that by expressing momentum in volatility. This way you can easier spot...
Power of Stocks - Bollinger band & 5ema Strategy In this script you get to take Buy/Sell trades using the 3 options mentioned below.(Alerts with price levels for buy/sell at , SL & Target are included in this one) 1. Combined Strategy :- uses confirmation from both strategies to trade. 2. Bollinger band Strategy :- use the Bollinger band Strategy to...
UFO + Realtime Divergences (UO x MFI) + Alerts The UFO is a hybrid of two powerful oscillators - the Ultimate Oscillator (UO) and the Money Flow Index (MFI) Features of the UFO include: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur, as well as centerline crossovers. -...
Physics Candles embed volume and motion physics directly onto price candles or market internals according to the cyclic pattern of financial securities. The indicator works on both real-time “ticks” and historical data using statistical modeling to highlight when these values, like volume or momentum, is unusual or relatively high for some periodic window in...