Indicator showing pivots and interpret a trend out of it.
Pivots are calculating with deviation parameter to validate with more precision.
Trending moves are calculated according to Dow Theory :
In an uptrend, if the price made a new high, the price must make a new high to confirm the trend, otherwise, it might signal a possible change in the trend.
In...
OVERVIEW
The Volume Oximeter (VOXI) is a technical indicator that gauges the amount of volume currently present in the market, relative to the historical volume that was present before. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending conditions.
CONCEPTS
This indicator assumes that trends are more likely to start...
This is an updated version of user Algokid's script called 'AK MACD BB INDICATOR V 1.00'. You can find that original script here:
I added many alerts along with the Bullish and Bearish alerts when the MACD crosses over the Upperband or crosses down on the Lowerband.
I personally use this indicator with Crypto charts (Bitcoin on a 15min, 1hour, and 4 hour...
In Finance, people usually assume the price follows a random walk or more precisely geometric Brownian motion. In 1988, Lo and MacKinlay came up with the variance ratio test to refute the random walk hypothesis and efficient market hypothesis. The variance ratio test is a simple test for market efficiency, autocorrelation, and whether price follows a random walk....
This script is a useful tool to use to identify the current market. It includes three other indicators:
1. ATR (combined with a SMA of the ATR)
2. ADX
3. RSI
It allows you to filter for when the market is trending vs. when the market is ranging by using any of the three indicators. You can also combine them to find extremely good trends to trade, or if you're a...
In statistics, the Durbin–Watson statistic is a test statistic used to detect the presence of autocorrelation at lag 1 (AR(1) process) in the residuals (prediction errors) from a regression analysis. With the new array function tradingview implemented, we are able to do our calculations on the residuals.
The residual is given by subtracting the actual value (in...
Trends & Ranges uses EMA ATR bands as a SuperTrend indicator.
How to use:
This indicator can be used to give you a direction bias, with the added function to create ranges which often lead to reversals or flat trading periods. Trade the break-out or wait for pull backs in the direction of the trend.
I'm not great at explaining stuff and will probably make...
Firstly, 100% of the credit goes to Greg Morris @ Stockcharts.com for the article detailing the concept and most of the settings/components. I've simply implemented his idea. I haven't sought permission from him, but given that he was open with the components of the indicator I'm assuming he's happy for me to go ahead and code this in pinescript. See the article...
I've created a simple oscillator which I think does a good job of easily showing you when price is worth watching or not. I think all too often you get stuck looking at something like an RSI and end up trading noise.
From my observations and experiences, I've found that there are 2 major catalysts for price movement--
Price is either trending and reaches a...
This indicator is measuring if three different moving average calculations (EMA,WMA,SMA) with the same period length are aligned in an uptrend. If this is the case then the bar is colored in green. If only one or two of the three moving averages signals an uptrend then the bar is colored in blue. This can mean that the trend is changing.
Save another $999 bucks...
Hi all,
This is a simple indicator that plots 5 EMA lines of your choice to the screen.
Can be used to trigger scalping Bots (stoploss around 0.5% recommended, take profit 1% or higher, please backtest!)
Also can be used for manual scalping, 1 or 2 candles at a time.
Features:
1) Alerts are triggered when EMAs 1 (Signal line) and 2 (Baseline) cross - a Long...
Always buy wholesale, sell it all at retail. Similar to Squeeze Momentum Oscillator with simpler coding.
Pair this with the 'Buy Low, Sell High Arrows' indicator
This strategy uses two moving averages of 21 and 8 to generate buy or sell signal.
This is for purely intraday trades and best use in 15 min time frame
This strategy uses angle/slope of ma to filter out period of sideways movement and only generate signals when the stock starts trending in one direction
How to use this
1) Buy when the buy is generated
2)...
The SSL indicator with colour change. Tool for spotting trends and finding good entry points. I recommend using it for higher timeframes, from 4h to 1D.
Play with the settings, you can change the moving avarage type, its length, if you prefer having the default
bar colours in your chart, disable the colouring function in the script.
Good luck crypto traders!
CryptoJJ
this is a very simple and easy tool to place trades just with a little very practice and few back tests.
as we all know that market has its own way of moving and it flows on a specific rhythm, So i have made it using different moving averages.
When pink and blue is crossing over that is our chance of putting trade, if pink is crossing down that means it willl long...
I got the main concept for this system on another site. While I have made one important change, I must stress that the heart of this system was created by someone else! We must give credit where credit is due!
Y'all know baby pips. @ForexPhantom published about this system and did both back and forward test around 10 years ago.
I found it on the sit and now I put...
![SPX500USD: Variance Ratio Test [pig]](https://s3.tradingview.com/y/yLmf8U9b_mid.png "Variance Ratio Test [pig]")
![SPX500USD: Durbin Watson Test Statistic [pig]](https://s3.tradingview.com/o/o8p5hAxr_mid.png "Durbin Watson Test Statistic [pig]")
