🌈 Rainbow Force - Multi Timeframe WYCKOFF ARSENAL
The purpose of the Force is to provide an indication of the pressure being applied to push the market lower or the pull being applied to the market to pull it higher.
The Rainbow Force can be used on any available timeframes and assets with volume data .
It is a combination of Force instances of...
🌈 Rainbow Technometer - Multi Timeframe WYCKOFF ARSENAL
The purpose of the Technometer is to provide a mathematical indication of the degree to which the market is overbought or oversold .
The value of the Technometer could be as high as 100 or as low as 0. The other possible values would represent degrees of overbought or oversold.
In Rainbow form, the...
🌈 Rainbow Momentum - Multi Timeframe WYCKOFF ARSENAL
The purpose of the Momentum is to provide a measure of the speculative interest in the market.
In Rainbow form, the Momentum could also be used as a trend-following indicator.
The Rainbow Momentum can be used on any available timeframes and assets with volume data .
It is a combination of Momentum ...
This function is similar to the stochastic rsi function.
The only difference is that Money Flow Index is used instead of rsi.
Oversold and overbought values were changed to 80 and 20.
Because the MFI's overbought and overbought zones are 20 and 80.
In MFI, I think that it can be more beneficial in liquid markets than stochastic rsi since volume is taken into...
Introduction
This is the study version of my range trading strategy. It is designed to be a “drop in” replacement for its twin strategy. I have replicated the analysis logic and entry and exit procedures to produce a nearly identical result set to the strategy. Other than the properties tab, the inputs dialog is exactly the same. Backtest the strategy...
The 'Price Volatility index' indicator shows the amplitude of the price. It's called PVI.
If the PVI index rises, it means that the inertia of the price is sufficiently supplied.
The key point here is that the rise in the PVI index doesn't mean the price is going up, and the decline in the PVI index is not going to go down.
Shows the strength of the amplitude...
The Swing Trade Pros Auto Fibonacci indicator automatically plots a fibonacci retracement based on the swing high and swing low of the weekly price action. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. The indicator accurately predicts the high and low points of the overall trend.
This study finds buying/selling opportunities on the basis of candlestick and volume percentage changes, prequalified by momentum.
Candlestick percentage changes that are equal to or greater the desired percentage with the momentum range are marked by blue diamonds.
Volume percentage changes that are equal to or greater the desired percentage with the momentum...
This is the first script that I publish.
His main goal is to help identify the extreme of the day and to compare the VWAP with the average DPDC to find meaningful resistance and support.
Hey, I want to share you this algo I remade for a bullish market.
*It uses about 11 indicators, 3 of them made by me to avoid BUYs on the start of a big dump.
*It was added ghost pivots for weekly and monthly values, really useful!
Let me know any suggestion, I will keep working to improve it
Relative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time.
It is often used to help traders determine how in-play a ticker is.
General rule of thumb is the higher the RVOL, the more in play a stock is.
I myself like to use it as a substitute of the volume indicator itself.
Basic Calculation:
Relative...
Description:
3 Lines are Stochastic RSI's, strongest move is when all crosses and moves to one direction (from top or bottom).
Orange is original Stochastic of the timeline. (Live movement of price).
Green is original Stoch x 6. (Short term movement).
Red is original Stoch x27 (Long term price movement).
Transparent columns are ADX signal.
Higher the mountain,...
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/asset
Volume weighted average price (VWAP)
Calculating VWAP
Choose your time frame (tick chart, 1 minute, 5 minutes, H1...
Like its companion study, Bar%Change , this is a visual study to hilight the change in volume by percentage. the percentages are calculated by the duration of the momentum. This study is not designed for automated trading.
The triangles show buys/sells on the basis of momentum. Buys occur below momentum, while sells occur above.
Percentages are shown in red if...
The Quantum Trader is a Algorithmic Automated Trading System that trades XBTUSD and BTC/USD with an emphasis on minimizing risk.
This algorithm trades multiple of our individual algorithms in an attempt to have a large number of uncorrelated algorithms trading concurrently,
thereby smoothing out the equity curve in an attempt to provide more consistency in the...
![BTCUSDT: Rainbow Force - Multi Timeframe [WYCKOFF ARSENAL]](https://s3.tradingview.com/1/1E3d4aJJ_mid.png "Rainbow Force - Multi Timeframe [WYCKOFF ARSENAL]")
![BTCUSDT: Rainbow Technometer - Multi Timeframe [WYCKOFF ARSENAL]](https://s3.tradingview.com/6/68Lt1s3S_mid.png "Rainbow Technometer - Multi Timeframe [WYCKOFF ARSENAL]")
![BTCUSDT: Rainbow Momentum - Multi Timeframe [WYCKOFF ARSENAL]](https://s3.tradingview.com/x/XGVnD9k9_mid.png "Rainbow Momentum - Multi Timeframe [WYCKOFF ARSENAL]")
![USOIL: Price Volatility Index[Version No.1]](https://s3.tradingview.com/p/pI5xX6Ql_mid.png "Price Volatility Index[Version No.1]")
![XBTUSD.P: Volume per price [ciekaf]](https://s3.tradingview.com/y/y5mFv3Ii_mid.png "Volume per price [ciekaf]")
