Before anything, take notes of the script limitations : 1) The script has the setting : "Max_bars_back" set to 390. This is required to use dynamic length and an "internal clock" *390 is the normal number of bars in a typical stock trading day. 2) The script requires volume data to work correctly * I use a way to represent volatility that requires ( volume +...
I'm publishing it for research purposes & welcome any ideas and/or explanations whether it's actually possible or nah to do what I'm doing right now. ... Idea is simple - if we can do Harmonic Mean, can we do Harmonic Standard Deviations? It should be the same logic, the only difference is instead of actual datapoints we gotta use reciprocals. In reality I've...
This will help to identify trends within markets on any time frame. It's based on moving averages thus you can select the moving average which you want to use and obviously it's length as well. The gummy worm will get a little fatter during times of higher volatility which helps avoid false signals. The blue indicates an uptrend and pink indicates a downtrend....
I was legitimately surprised no1 has already coded it out on TradingView, but you guys can copypaste & include it in Pine 5 if your see this xd Here is it. I've checked and double checked everything, the calculations are right, it can be proved by plotting mean, geometric mean & harmonic mean together and noticing that geometric mean will be always between...
This indicator can give you idea about where is the potential supply and demand zone exist. This can be used to find the daily, weekly and monthly supply and demand zone. Contact me for more information.
This indicator can point out you monthly potential reversal range. This can be used for people who hold the trade more than couple of days to understand their Risk / Reward ratio. Even this can be used of people who does BTST or STBT trades as well. Contact me for more information
This indicator can help you to understand the current trend and help you to take an entry, If your analysis looks good to go for long entry, check that where is your candle based on this indicator,If the candle is above the indicator it is goo to go for long and if it is bellow the indicator it is good to go for short. More than that the candle is closing strong...
The volume price trend (VPT) indicator helps determine a security’s price direction and strength of price change. The indicator consists of a cumulative volume line that adds or subtracts a multiple of the percentage change in a share price’s trend and current volume, depending upon the security’s upward or downward movements. I have combined Stochastics RSI with...
Triple MAs with EMA/SMA option, and specific timeframe options. Very customizable. Bollinger Bands If BollingerBand Width is lowest in 100 bars it fills background.
™TradeChartist TrendStalker helps visualise the Market Bias through 3 different Plot types and also displays Trend Direction Identifier (Green, Red and Orange square blocks) that can be connected to ™TradeChartist Plug and Trade to generate Trade entries, Targets, StopLoss and create alerts based on performance on the chosen timeframe. The three plot types...
This indicator calculates price degree on gann' s master chart. it will plot degree of open (red stepline), close(green stepline), high(white cross), low(red cross). I request, only people who know how to use gann master chart and degrees of price use this. no one made this indicator till now. It is highly potential tool for gann gann fans. happy...
As the previous one, it draws swings on the candlesticks , based on price action and RSI . Also in the labels you can see if the current swing is higher or lower to the previous one. HH stands for Higher High LL stands for Lower Low LH means Lower High HL means Higher low THIS IS NOT A STRATEGY, this is for TREND analysis. Please stop asking if it "redraws",...
A simple script to find the percentage or cash value of volatility in the specified length. Handy for setting your target profit and/or loss numbers.
The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a superindicator are 10 for average true range or trading period and three for its multiplier. The average true range (ATR) plays an important role in 'Supertrend' as the...
Hello. This is 3 Captain's Tirano. This script is a free invite only script. It was created for the purpose of swing trading and its usage is very simple. In the event of a signal (alertable), you can receive the number of purchases from the black line in the gray area, and liquidate the division in the black line in the yellow area. It is also possible to...
This is the study version of the Enigma strategy. The indicator is based on volatility algorithm that measures changes in market prices over a period of time. Trading Rules 1. Go long when the buy signal appears. 2. Go short when the sell signal appears. 3. Close the position when the take profit signal appears. 4. Risk 2-5% of porfolio max. 5. Use stop...
For this indicator, I got inspired by this paragraph in an article on Investopedia: "Donchian channels also make natural partners with another moving average indicator for a crossover strategy. The Donchian moving average middle line is likely to form the short-term average in these situations, although some have used a 20-day Donchian channel in conjunction with...