The Trend Analysis Index was created by Adam White and not to be confused with the Trend Analysis Indicator that I also published. This indicator operates under the same idea but using a completely different calculation to achieve similar results. The idea behind this indicator is for a combination of volatility and trend confirmation. If the indicator is above...
This indicator is a trend reversal detector. It provides a bullish or bearish signal derived from the analysis of 22 indicators. It analyzes and aggregates the divergences and the overbought and oversold conditions to determine a signal strength going from -100 to 100. You can choose the appearance of the signals, how sensitive you want the signals to be and the...
8X Trend ATR SAR Dingue V5 - This is the updated version for Pine Script 5. 8x indicator into 1 : 2x ATR indicator - 3x Trend indicator - 3x SAR indicator Trends are helpful to spot reversal and support resistance, especially on bigger time frames. This indicator gives you a global view of various trends all at once. You can easily turn them On or Off as to...
Hello All, I got some requests for a script that shows Fibonacci Levels of Higher Time Frame Candles. so I made/published this script. I hope it would be useful for you. Options: You can set Higher Time Frame, by default it's 1 Day. Optionally it can use Current or Last Candle of higher time frame to calculate/show its Fibonacci Levels. It can show higher...
Hello All, High-Low Index is a breadth indicator based on Record High Percent (RHP). RHP is based on new 52-week highs and new 52-week lows. RHP => 100 * (new highs) / (new highs + new lows). High-Low Index is a 10-day Simple Moving Average of the RHP, which makes it a smoothed version of RHP. You can find many articles about High-Low Index on the...
Script Purpose: This script was designed to look for trend reversals and be used with other TA tools to help build confluence for day traders. TA Used: Without diverging too much information, this script relies on Highs, Lows, Opens, EMAs, Standard Deviations, Fib Numbers, and Fib Levels. Script Overview: First we look at the price action found on the Daily...
CryptoGraph MA Divergence is a multifunctional trading tool that identifies aspects of trend trading. The indicator is based on moving averages, transformed into an oscillator. This way it becomes possible to get a better visualisation of MA's relative to each other, and more importantly, it enables us to spot divergences based on MA's. This simply yet...
Library "pNRTR" Provides functions for calculating Nick Rypock Trailing Reverse (NRTR) trend values with higher precision offsets for both low, and high points rather than the standard single offset. pnrtr(float low_offset = 0.2, float high_offset = 0.2, float value = close) low_offset Offset used for nrtr low_point calculations. Default is 0.2. ...
Trendorithm Prime is a toolkit made up of several different innovative indicators, designed by our team of developers. Get access now and create your own, unique trading strategies using our - all in one algorithm. Our algorithm works in any market and focuses on finding the direction of the trends and remove noise from the price, for smooth understanding of the...
This is providing a trend detection tool and a trend band display to identify possible trend reversal points using EMAs. Some seem to like using 13 and 26. I prefer 5 and 15, like PET-D from Steve Primo which react faster and avoid being kicked by some fast move (happens in crypto, see Litecoin...).
A following indicator is Momentum Trading that uses fast QQE crosses with Moving Averages Use for trend direction filtering. QQE or Qualitative Quantitative Estimation is based Relative strength index (RSI), but uses a smoothing technique as an additional transformation. Three crosses can be selected (all selected by default)
Introduction : Compared to the TIS v1.0, this "light" version is simpler to use and to understand, hence it will suits the basic needs of traders and investors looking for a clear and user friendly indicator to assess the current trend situation for continuous markets. The settings allow an adaptation for call markets, but more backtesting needed at your...
Introduction : The TIS takes price action, volume and volatility, to : - provite a clear and easy to interpret global picture on the current trend siuations - give hints for good take profit and exit points (see local consolidation line) - help find support and resistance levels - assess trend strength and momentum Disclaimer : The Trend Insight System...
This is an Buy and Sell Oscillator. Its show the trend reversal or change in price action of the market. This indicator is a combination of various moving averages. This is like a MACD but a very powerful version. How To Use It If green line gives crossover white line towards down then price is expected to fall. If red line gives crossover white line...
EE-Hunter Strateji is one of the most common ATR based trailing stop indicators. Default method is RMA, when the alternative method is SMA . In this version you can change the ATR calculation method from the settings. The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and...
Strategy Kiss = 'Keep It Simple, Stupid' or 'Keep It Simple, Smart' The script simply identifies 2 consecutive Doji candles, and calculates Target on both the sides for given Reward : Risk factor. The High-Low to Open-Close ratio is set to default value 20. The Reward : Risk ratio is of default value 2. Both can be set to values of your choice. Accuracy best on...
This Indicator is an experimental Divergence Finder using the DBT MoMo formula. See DBT MoMo v.4 for details on the main script. It uses a slower version of the DBT MoMo Price Line to smooth out the trend and color codes the Price Line based on its trend. Bullish Divergence is denoted by Blue Labels below the Price Line. Bearish Divergence is denoted by...
This script indicates when the current Relative Strength Index of the last 8 closes is beyond a level from center oscillation which signals the equity is likely to reverse course. When it is the lowest RSI reading of the prior 3 readings and below 25, a green vertical bar will appear signaling a potential BUY point. Likewise, the highest reading of the prior 3 RSI...