The Cloud Channel Signals script is a key element of the Cloud Channel Signal System. It primarily focuses on identifying breakout and reversal trades through a sophisticated cloud channel overlay. The script, designed for overlay on the price portion of charts, displays a “cloud-like” channel that signals potential breakout and reversal points around the...
The "Cloud Channel Indicators " script forms an integral part of a sophisticated trading approach, offering in-depth market analysis through its High Precision Oscillator and Trend Bias Indicator. These components provide traders with nuanced insights into market momentum and overall trend direction, making them invaluable for informed trading decisions. This...
This is a pivots consolidation screener indicator, with ability to choose up to 12 different symbols/instruments with alert to be notified when consolidation happens on either one with the new pivots formation (new R3(inner resistance) pivot formed below previous one and new S3(inner support) pivot formed above previous one). Once the alert on a certain...
█ Overview The AI Moving Average indicator is a trading tool that uses an AI-based K-nearest neighbors (KNN) algorithm to analyze and interpret patterns in price data. It combines the logic of a traditional moving average with artificial intelligence, creating an adaptive and robust indicator that can identify strong trends and key market levels. █ How...
— Overview Fair value bands, like other band tools, depict dynamic points in price where price behaviour is normal or abnormal, i.e. trading at/around mean (price at fair value) or deviating from mean (price outside fair value). Unlike constantly readjusting standard deviation based bands, fair value bands are designed to be smooth and constant, based on typical...
this indicator serves to differentiate the classic source of MACD and add the: DYNAMIC MACD and DYNAMIC BAND with these inputs you can modify the inputs of the different Bar's, you can choose between: Candles = classic Candles Heikin Hashi Kagi Line break Pointfigure Renko To use the Dynamic Macd and Band just check the box: Use Dynamic Rsi???...
Dynamic Zones of On Chart Stochastic is a Stochastic indicator that sits on top of the chart instead of below as an oscillator. Dynamic zone levels are included to find breakouts/breakdowns and reversals. What is the Stochastic Oscillator? A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its...
What is Fisher Transform? The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price...
Dynamic Zone Range on OMA is an One More Moving Average oscillator with Dynamic Zones. What is the One More Moving Average (OMA)? The usual story goes something like this : which is the best moving average? Everyone that ever started to do any kind of technical analysis was pulled into this "game". Comparing, testing, looking for new ones, testing ... The...
Variety Moving Averages w/ Dynamic Zones contains 33 source types and 35+ moving averages with double dynamic zones levels. What are Dynamic Zones? As explained in "Stocks & Commodities V15:7 (306-310): Dynamic Zones by Leo Zamansky, Ph .D., and David Stendahl" Most indicators use a fixed zone for buy and sell signals. Here’ s a concept based on zones that...
The Rainbow Oscillator is a technical indicator that shows prices in overbought or oversold areas. That allows you to catch the price reversal point. --------------- FEATURES --------------- .:: Dynamic levels ::. The indicator levels are divided into several zones, which have a fibonacci ratio. Zones determine the overbought/oversold level. Blue and green...
Default overbought/oversold levels of RSI does not hold good for instruments which are trending well. It happens often that instruments keep trading in single half of the range for prolonged time without even touching the other half. This also came up often in tradingview pine chat discussions where I participate regularly. Hence, thought of creating this script...
This indicator will help you to get dynamic support lines of EMA 21,55,100,200 and MA 55,100,200. You can get the Price of EMA And MA in Labels also. SOLID LINES - 4 HOUR DOTTED LINES - 1 DAY DASHED LINE - 1 HOUR Hope It will help you. Trade with your own risk. I am not liable for any loss and profit based on this indicator. Thank you.
This script is dynamic support & resistance based on MACD crossover. Resistance= highest value of candle looks back when MACD crossdown. Support= lowest value of candle looks back when MACD crossover. Middle line is average of Resistance and Support. Buy when close crossover Mid line. Sell when close crossunder Mid line.
[ AR ] iLevels - indicator is intended for displaying important levels from a current and higher timeframe. The indicator hides levels if they are far from the current price . The concealment range is based on the ATR * multiplier value. This keeps the graph clean and not shrinking . Available levels: - EMA - 5, 10, 20, 50, 100, 200, 300, 400, 500, 1000,...
█ OVERVIEW This is Screener script for Mean Reversion Channel Indicator █ Description & How To Use The screener works by scanning through up to 40 symbols and list down symbols that are currently within Overbought/Oversold Zone as defined by Mean Reversion Channel indicator. The Overbought/Oversold Zone are further categorized and sorted by: Strong :...
Description : Mean Reversion Channel objective, based on Mean Reversion theory ( everything has a tendency to revert back to its mean), is to help visualizing: Inner Channel -> Dynamic Support and Resistance Outer Channel -> Overbought/Oversold Zone which may signal consolidation phase or potential reversal due to unsustainable move Details on some of...
In a nutshell I was tired of guestimating what my risk was between pivots when getting into trades I went to work on the basic math behind the relationship of the pivots to find their natural risk to reward ratios. The natural risk to rewards span high and low...for example...you can go from the S3 --> R3 and that R:R is with a stop loss of the S4 is 7.4 But...