Zerg range filter credit to Kivanc turkish pinecoder for base indicator i reworked with chatgpt and some common sense
this indicator similar to the ADX but i think its better visually to keep you out of market conditions that are unfavorable.
i made original indicator to work in a 0-100 enviroment (before it was a zero middle line oscillator) and added background coloring that has a lower and higher threshold setting. i also added a smoothing moving average. this will trigger threshold levels (not the core oscillator)
above higher level would indicate trending market conditions and its purple. these are the areas where you might want to buy low period moving average bounces like 10 or 21 ema
lower band will paint indicator background blue and its cold, meaning range bound trade ideas are likely play out better. selling resistance and buying horizontal supports for example.
you are encourage to play with lookback period and change thresholds until you find something that works for your trading.
on the picture above it illustrates how i intended its usage.
it also shows divergences which was not intended but also a function.
you can also observe as the oscillator likes to coil up into a tight range (horizontal or a wedge formation) and when these break their trendlines explosive moves are incoming usually.
if you have a trading system and can generate a lot of signals but want to filter out some loser trades this could be the indicator you were looking for.
i hope this will be inline with community guidelines. my other publishing got removed unfortunately
在腳本中搜尋"range"
Range PercentageRange Percentage is a simple indicator utility to clearly display and dynamically alert on where a chosen series falls between two bounds, either series themselves or constant values.
To set up, select between series or value for upper and lower bounds. Only the chosen options will be used by the indicator, though you may enter the non-selected option. Configure the thresholds if you wish to use them for visual display or alerting. If you only care about the background color, disable both thresholds and the percentage line and move the indicator into the main pane.
Some sample use cases:
Coloring background on a zoomed-in chart to show to show price change relative to the entire value of an asset, not just the range selected on the y-axis
Get alerts which adjust dynamically as price approaches another series or dynamic value
Determine at a glance where a price falls between your identified support/resistance lines, no matter where you zoom or scroll
Compare relative gain of two assets
Identify trends of a price closing closer to low or high over time
This indicator is often most useful in conjunction with other indicators which produce a plotted series output and can save a lot of time thinking or interpreting. Its usefulness to a trader depends entirely on the rationale for choosing a lower/upper bound and sample series that are meaningful to that trader.
Open RangeThis is a simple script that will look back a set number of candles at a specified time (example: Ny Open) and find the "High and Low " of the range/ market in the given look back period. It will then draw two lines and the range zone as a box. Breakout traders can use these levels to help find interesting areas for a breakout. Reversal traders can use these levels to help locate false breakouts.
Simple type in your time zone Example: GMT-4
Set the time you want the indicator to draw the start line Example: 8:30am
then set the candle look back Example: 60
Hope this script helps spark some ideas
Happy trading
ATR Oscillator - Index (Average True range Oscillator)The purpose of converting the ATR value indicator to an oscillator;
It is known that the ATR value is not between the two specified values. So it is not compressed between 0 and 100 like RSI and %B etc. Therefore, conditions such as "A condition if ATR value is X, B condition if ATR value is Y" cannot be created. In order to create these conditions, the max and min value range of the ATR value must be determined. This indicator converts the ATR values into a percentage number according to the maximum and minimum ATR values in the period you will choose. Max value is 100, min value is 0. The considered ATR value, on the other hand, corresponds to the % of the difference between the max and min value in the selected period.
In this way, conditions such as "If the ATR Oscillator value is greater than 10 or 20 or 30" can now be created, or the value of another indicator can be calculated based on the ATR Oscillator value. For example; Let's say we want the standard deviation of BBand to change according to the value of the ATR Oscillator. If BBand Standard Deviation is 3 if ATRO value is 100, BBand Standard Deviation is 2 if ATRO value is 0, and BBand Standard Deviation is 2.5 when ATRO value is 50;
We can encode it as BBand_Std_Dev=((ATRO*0.01)+2 )
If the ATRO value is between .... and ...., you can make improvements such as plot color X.
Sw1tchFX - Average Daily RangeDESCRIPTION AND OVERVIEW
The Average Daily Range is a measure of volatility (typically across 5 days for the FX markets). I originally saw this being used in a trading system called ANTSSYS by Daryll Guppy and some other developers. I couldn't find it anywhere so I decided to build it from scratch.
What this does is allow you to measure volatility across various FX assets (I will apply other asset classes in the future that this is applicable to i.e. Crypto, Commodities, Blue Chip Stocks), and set realistic targets based off that volatility. Overall, this makes much more sense to me in the FX markets rather than support and resistance lines because it's based off the actual movement of the asset class. Market research shows that an asset class has a 80-85% chance to reach 75% of it's Average Daily Range (ADR).
Let's take a look at the daily ADR on the GBPNZD 15m chart. Notice how the values of the ADR act as real support and resistance based off the volatility of the asset. In this case, price did not quite reach the 75% ADR target.
Let's take a look at another example on EURNZD 15m chart. In this case, price hit the 75% target.
It's important to note that these levels do not bound the price. The probability that price exceeds it's 75% ADR is fairly low, but not impossible. Especially during important news events. Let's look at the recent USDCHF 15m chart for example.
Additionally, you can use these values to measure longer term movements (Weekly, and Monthly)
Here is a weekly view:
And a monthly view:
HOW I USE THIS
I use this in conjunction with some other indicators I've developed. Typically, I use range bars since I only care about price, not time. Additionally, averages are smoother when time is not taken into account and only price.
HOW THE CANDLE OPEN AND CLOSE IS CALCULATED
This is done based off of your own specific time zone and from the daily candle. So for me on PST, the daily candle will close at 1400. Once closed, a new ADR value is automatically calculated and added to the chart. There is an option to show past ADR values if you would like to see them or conduct additional research.
Mondays Range by B1rdPlots mondays range (high, low and optionally average)
Features:
Added the option to extend the range for the entire week or just monday
Added the option to display if the high or low of the range has been taken and removes the level aftwards
Added the option to only display the current week
Added the option to visualize new weekly sessions
Added the option to mark mondays with a seperate background
Will update the script based on suggestions
GBTT Range Wave IndicatorOverview:
This script is a type of mean reversion indicator, it uses a short period EMA, the EMA5 to be exact, as its basis for a mean. From here, we run a modified version of ATR over a longer period of time to find an average range value for price movement. Finally, we calculate the cloud/band/wave by multiplying this range value by our deviation values to produce areas where the price could be considered too far from the mean (similar to an oversold or overbought scenario).
Additionally, we wrote this script with a goal to reduce or eliminate repainting. In the code, we have utilized OPEN values (instead of CLOSE) and previous candle values (not the current candle) to build all the data for the algorithm here to avoid the waves constantly moving and changing their values on real time candles. That said, this is NOT a guarantee that it will never repaint.
What you see:
Visually, the waves are always on the chart. Optionally, we provide a custom standard deviation channel based off the EMA5 (represented with a blue shading) and/or a simple ema5/21 crossover cloud. These can be used for additional confluence if desired, but are not necessary for the core function of the indicator which would be the upper and lower wave.
Intended use:
To provide educational content about the short term movement of an asset. Designed to be run on any time frame.
Disclaimer:
NOT intended to be a sole source of Technical Analysis or anything more than an educational tool!
Donchian Range, RSI, and Levels SystemThe Donchian average is defined as average(highest, lowest) for a given period length. By plotting many different lengths, clustering of the lines seems to form natural support/resistance levels. A Donchian Channel and RSI rainbow colors are also provided to define the range and trend.
No Duplicates Interval Range & EQGenerates Range & EQ levels and removes duplicates. Prioritizes by higher timeframe for duplicates. For example, on Monday's open, weekly open is displayed while daily open is hidden automatically.
Fibonaci Opening Range Candle
Fibonacci Opening Range it is 50% and 0.61% of 5 min or 30min or 1 hour opening candle
search buying opportunities below 0.61
and selling opportunities above 0.50
Also acts as good support and resistance in intraday
BEST RESULTS IN INDEXES
Thanks & Best Regards
Marella Ganesh
Flow of RangeThe Flow of Range is calculated by averaging the range for the given bars for the short term oscillations, then averaging the average to determine long term runs.
Above 0 indicates bullish momentum, below 0 indicates bearish momentum.
Notice the behavior of the market when the range is increasing and decreasing - both on the long and short term oscillations.
The indicator should be used in a discretionary manner along with your usual preferred tools.
Multi Range Pivots
Multi Range Pivots works by recognizing the high and low of the timeframe selected and plotting range high to MEAN averages and range low to MEAN averages.
This is essentially the VWAP pivots updated to include not only VWAP as a MEAN, but also SMA, EMA, VWMA, DEMA, TEMA, TRIMA, KAMA, MAMA, T3, H/L basis and Donchian basis.
Also, with high and low no longer repainting, I was able to add true reliable signals.
Enjoy
Averange Percentage RangeThis Indicator displays the two different Averange Percentage Range (APR) and the Percentage Range of the current bar.
If the long term APR is over the short term it indicates a lower volatility otherwise a higher.
You can set the calculation method, rising for (highest/lowest-1)*-100 or falling for (lowest/highest-1)*-100.
Flexible timezone-aware session rangeAllows you to define session range with local time and its timezone, also can toggle session visibility any day of week.
Price Cross Range StrengthPurpose:
This script shows when price is in a range or trending. When the green line rises above the threshold the price is trending. When the green line falls below the threshold it's ranging. You may try adjusting the lookback way far back to find more areas of resistance.
Logic:
It shows how many instances the current price has been crossed in the past measured bars. The logic is that any price area that has been crossed many times is a strong area where ranging occurs.
Ideas:
1. Can be used as a dynamic length to other moving averages.
Body/Wick to Range Osc.This script is meant to be a form of pure candlestick analysis.
Terminology in the description used below is as follows:
- numcands = Number of candles specified by the user to be used for sampling in each moving average.
This script plots moving average (SMA/EMA specified by the user ) of the percentage of the high-low range that the previous {numcands} candles the upper wicks, lower wicks, and the body take up.
The user may specify if the absolute value of the body percentage is to be used (true by default). To account for this, a horizontal line is also plotted at 0 to show when the body percentage moves above or below 0.
The values that all of these moving averages plotted will oscillate between 0 and 1 (-1 and 1 for the body percentage if the absolute value of candles is not used).
Other notes: The user may select the colors used (colorblind support, as the defaults are red and green). Cross overs and cross unders are accounted for in alertconditions (as is if the body % moves above and below 0% if absolute values are not used).
An interpretation of the use of this script may be: If the upper wicks begin to take up a larger portion of the high-low range, it may signal downward selling pressure (and vise-versa for lower wicks). However, this may be open to interpretation based upon the specified {numcands} used.
Vortex Range Breakout SystemThis is a Vortex Based Visual System,
Which can help you identify the Vortex Crosses based Range Breakouts/ Breakdown, over the price Scale,
How its made ?
The vortex Crosses are projected over the Price
on Same Time frame {Green and Red Filled area}
-> green Area means : Vortex Crossover Range
-> red Area means : Vortex Crossunder Range
and on Higher Timeframe
Vortex Cross Levels are Plotted, which you see as :
Blue and Orange Lines
Default Configs
Vortex Period is 14
Higher Timeframe Option is set to 60 mins
You can change the Higher timeframe to any minutes which suits your need
Also If you want to change the Higher Timeframe in Days
just know
1D = 24*60 min, = 1140mins
Enjoy!
Asian Range by Nico948Displays the Asian session range on your graph.
Masked for timeframes higher than 15 minutes.
However, it can be displayed on 1 hour timeframe by filling in the relevant box in the parameters.
Test: range mappingEXPERIMENTAL:
just a wild experiment..
mapping the average range break points to find natural hubs of support and resistance?!
Silen's Pseudo VPVR / Pseudo Volume Profile Custom RangeDisclamer: This indicator does not use actual Volume data and doesn't display any Volume data. It creates a pseudo Volume Profile by counting the high-low-2 values of candles and simulates something that is similar to a Volume Profile without using any Volume data.
Core facts:
Creates a pseudo Volume Profile by counting values of candles and sorting them into a Profile.
Works for charts that don't provide any Volume Information.
Can display up to 5 different Value Levels.
Value level colors are (from largest to smallest level): Red, Orange, Yellow, Green, Blue.
The Value levels can be used as Support and Resistance indicators.
The Custom Range of the Volume Profile can be adjusted from 10 to 1500 bars.
Much faster than the other custom pseudo VPVRs out there.
Shortcomings:
As the chart progresses with bars the line positions will distort to the left side. Refreshing the tradingview page or switching to another time interval fixes this. I might fix this issue in the future.
Does not use actual Volume nor display actual Volume.
Note: For those who wondered what happened to my first version of this indicator: It got taken down by Tradingview because it was misleading as to using the words "Volume Profile" and "Visible Range". I fully support their decision and I hope I could clear any misunderstandings! Give their team a heads up for the hard work they're doing in keeping this place clean and well organized!
Enjoy! :)
London Open Range Breakout by KviateqThis script is what I currently use to day trade forex on a 5-minute timeframe.
The script features Multi-timeframe EMA20 that uses timeframe multipliers and is smoother by the factor by which you're multiplying your current timeframe.
Default settings are set to display EMA20 on the current (M5) timeframe, as well as M15, H1, H4 and D1 timeframes.
The background color changes intensity based on how many conditions are met - are all EMAs in the right order, is the current close above/below all the EMAs.
Featured is also a range set to 1 hour since the London breakout (can be changed to M15, or however long you'd like - my current setting is 30 minute).
Also featured are levels that I find to be of most importance - such as Daily and Weekly Open, Previous Day's and Week's Highs.
The idea is to only take trades when all stars align - EMAs, break above/below the Opening Range and not to long/short into an important level.
ORB - Opening Range BreakoutThis script plots the high/low of any custom session and extends it until the daily close. It does not show on the timeframe higher than the length of custom opening session by default.
The time period of opening range & the max timeframe to display it on can be adjusted from the settings.
So for eg. if want to use 5m ORB to trade, then set "ORB total time" as 5min & "Session Time" as whatever is the opening 5mins time period of ticker that are trading.
PseT Initial Balance Range (IBR)The Initial Balance is the range high and low printed on the first hour of the session.
It's meant for intraday trading and can be used as support/resistance.
