K`s Extreme DurationExtreme duration uses a special combination of the RSI and its relative position to deliver a reversal signal.
The following are the conditions to generate signals:
* Bullish signal: The current 8-period RSI is below 50 and above 35 while the previous 5 RSI's are below 35.
* Bearish signal: The current 8-period RSI is above 50 and below 65 while the previous 5 RSI's are above 65.
Indicators
Breakout/Breakdown Indicator (30 Min Range) by InvestYourAsset👉The indicator provided here is a technical analysis indicator for TradingView users that identifies potential breakout and breakdown opportunities on the initial 30-minute range in every trading session.
👉The indicator high and low of the initial 30-minute period and plotting them as horizontal lines on the chart. The high is marked in green line and the low is marked in red line.
📈The indicator then generates buy and sell signals based on whether the current close price crosses above or below the previous 30-minute high and low, respectively.
📢The indicator also has two inputs:
👉 sessionStartHour : The hour at which the trading session begins. The default value is 9, However users can change the time according to their own trading style.
👉 sessionStartMinute : The minute at which the trading session begins. The default value is 0.
These inputs can be used to adjust the indicator to the specific trading session that you are interested in.
✅How to use the Indicator:
👉To use the 30 Minute Breakout/Breakdown Indicator, simply add it to your chart and configure the inputs to your liking. Once the indicator is added to the chart, it will plot the 30-minute high and low as horizontal lines, as well as generate buy and sell signals based on the current close price.
✅Here is a step-by-step guide:
📈Open TradingView and select the chart that you want to add the indicator to.
📈Click on the "Indicators" tab and search for "30 Minute Breakout/Breakdown Indicator by InvestYourAsset".
📈Click on the indicator to add it to your chart.
📈Configure the inputs to your liking. The default values are typically fine, but you can experiment with different values to see what works best for you.
📈Once you are satisfied with the settings, click on the "Apply" button.
📈The indicator will now be displayed on your chart. You will see two horizontal lines representing the previous 30-minute high and low, as well as triangles representing buy and sell signals.
✅How to interpret the signals:
📈Buy signal : A buy signal is generated when the current close price crosses above the previous 30-minute high. This suggests that the price is likely to continue moving higher in the short term.
📈Sell signal : A sell signal is generated when the current close price crosses below the previous 30-minute low. This suggests that the price is likely to continue moving lower in the short term.
👉Traders should remember that the present indicator is just one tool that can be used to identify potential trading opportunities. It is important to use other technical analysis tools and risk management techniques to confirm your trading signals before entering any trades.
✅Things to consider while using the indicator:
📈Look for buy signals in an uptrend and sell signals in a downtrend. This will increase the likelihood of your trades being successful.
📈Place your stop losses below the previous 30-minute low for buy signals and above the previous 30-minute high for sell signals. This will help to limit your losses if the trade goes against you.
📈Consider taking profits at key resistance and support levels. This will help you to lock in your profits and avoid giving them back to the market.
Follow us for timely updates regarding indicators that we may publish in future and give it a like if you appreciate the indicator.
Drawdown Dynamics IndicatorDescription :
The Drawdown Dynamics Indicator is a straightforward tool that offers insights into three critical aspects of an asset’s financial performance: Total Max Drawdown, Rolling Period Max Drawdown, and Current Max Drawdown. Inside of the indicator, you can select to view either the rolling period max drawdown or the all-time max drawdown. This is represented by the gray line. The blue line represents the asset's current drawdown.
Rolling Period Max Drawdown is more about a snapshot view, highlighting the maximum loss from a peak to a trough for an adjustable rolling time frame. This is a feature not available with other indicators that exist on TradingView.
Total Max Drawdown gives a broad view, showcasing the all-time deepest decline in an asset’s value.
Current Max Drawdown offers a live update, focusing on the asset's present phase and how it's performing in real-time.
Practical Uses :
The utility of this indicator becomes evident when you start exploring the risks and performance metrics of assets. A notable use of this indicator is in comparing the drawdowns of a trading strategy against the inherent drawdowns of an asset. It helps in painting a clearer picture of risk and performance of both the asset and the strategy.
Risk Understanding : By comparing the strategy drawdown to the asset drawdown, traders get to understand if the risk they’re taking aligns with the asset’s natural risk behavior.
Evaluating Strategy’s Strength : If a strategy can weather the storms of the asset's natural drawdown phases and come out relatively unscathed, it can speak to its strength.
Performance Comparison : It also acts as a benchmark tool. Traders can pit different strategies against each other, using the asset’s drawdown as a baseline, to see which one manages risks better.
Disclaimer : This is not financial advice. Open-source scripts I publish in the community are largely meant to spark ideas that can be used as building blocks for part of a more robust trade management strategy. If you would like to implement a version of any script, I would recommend making significant additions/modifications to the strategy & risk management functions. If you don’t know how to program in Pine, then hire a Pine-coder. We can help!
Auto Trailing stoploss By InvestYourAsset💥The Auto Trailing Stop-Loss indicator is a technical indicator that uses the ATR (Average True Range) to calculate a trailing stop-loss for both long and short positions.
💥The signals according to the indicator allows traders to exit from the position before its too late! The indicator can be used to determine when to enter and exit trades.
💥To use the indicator, you simply need to set the input parameters to suit your trading style and risk tolerance. The default values for the parameters are:
p: The ATR period (14)
q: The stop period (20)
x: The multiplier used to calculate the initial high and initial low (1.5)
Calculations:
📈Calculates the ATR using the specified period you can modify ATR period according to your trading style.
📈Calculates the initial high and low stop levels based on the highest high and lowest low over the user defined ATR period.
📈Calculates short and long stoploss levels using the initial high and low stops.
💥Once you have set the input parameters according to your trading style whether you are a day trader or a swing trader, the indicator will plot the short stoploss, long stoploss, and stoploss hit signals on your chart.
💥You can use the indicator to enter and exit trades in a various ways.
For example,
🚀 you could enter a long trade when the price crosses above both red and green lines plotted on the chart. (or when price crosses over both short stoploss and long stoploss.) You could also use the indicator to secure your profits by moving your stop-loss up as the price moves in your favor.
Here is an example of how you could use the indicator to enter and exit trades:
🚀Enter a long trade when the price crosses above the red line or short stoploss.
✅keep Moving your stop-loss upward with the long stoploss or green line.
✅Exit the trade when the price crosses below the long stoploss or green line.
💥You can also use the indicator to protect your existing trades. For example, if you are already in a long trade, you could move your stop-loss up to the short stop when the price moves up 10%. This will help you to protect your profits in case the price starts to move against you.
💥💥some additional tips for using the Auto Trailing Stop-Loss indicator:
✅Use the indicator in conjunction with other technical indicators or your own trading strategy to generate entry and exit signals.
✅Backtest your trading strategy before using it live to make sure that it is profitable.
✅Use the indicator to protect your profits by moving your stop-loss up as the price moves in your favor.
✅ Always follow risk management rules and manage your position sizing according to your risk appetite.
✅ Be aware of the overall trend direction. If the trend is up, you should be looking for bullish reversals or continuations. If the trend is down, you should be looking for bearish reversals or continuations.
This script essentially provides a visual representation of a trading strategy that automatically adjusts stop-loss levels based on market volatility (ATR). It also includes signals for entering long or short positions and visually highlights these signals on the chart.
📣📣Follow us for timely updates regarding future indicators and give it a like if you appreciate the work.📣📣
Swing based support and resistanceThis indicator provided here is for identifying swing-based support and resistance levels. It uses two swing lengths, which can be adjusted by the user, to identify swings in the price data. For each swing length, the script calculates the support level as the low of the swing if the trend is up, or the high of the swing if the trend is down. It then plots the support and resistance levels on the chart, along with buy and sell signals.
The buy and sell signals are generated by comparing the current closing price to the support and resistance levels. If the closing price is above the support level, the script plots a buy signal. If the closing price is below the level, the script plots a sell signal.
To use the script, you would first need to add it to your trading platform. Once it is added, you can configure the swing lengths and other parameters to suit your trading style. You can then apply the script to a chart and begin using the support and resistance levels and buy and sell signals to make trading decisions.
Points to be noted while using the indicator:
# The script is designed to be used on a daily chart. However, you can also use it on other timeframes, such as weekly or monthly charts.
# The swing lengths that you choose will depend on your trading style. If you are a swing trader, you may want to use longer swing lengths. If you are a day trader, you may want to use shorter swing lengths.
# Remember, the support and resistance levels generated by the script are not exact price points. They are rather zones where demand and supply can change. Therefore, you should always use other technical analysis tools and indicators to confirm your trading decisions.
# Overall, the script is a useful tool for identifying swing-based support and resistance levels. It can be used by traders of all experience levels to generate trading ideas and improve their trading performance.
To use the swing-based support and resistance indicator with respect to price, you can follow these steps:
=> Identify the support and resistance levels that have been generated by the indicator.
=> Look for price action that is taking place near these levels.
=> If the price is above the level, look for bullish reversals or continuations.
=> If the price is below the level, look for bearish reversals or continuations.
For Example,
=> Bullish reversal: The price is above the level and forms a bullish candlestick pattern, such as a bullish hammer or engulfing pattern.
=> Bullish continuation: The price is above the level and bounces off of the level.
=> Bearish reversal: The price is below the level and forms a bearish candlestick pattern, such as a bearish hammer or engulfing pattern.
=> Bearish continuation: The price is below the level and rejects the level.
$$ You can also use the indicator to identify potential trading entry and exit points. For example, you could enter a long trade when the price breaks above a resistance level and exit the trade when the price retraces to the resistance level. Or, you could enter a short trade when the price breaks below a support level and exit the trade when the price rallies to the support level.
This swing-based support and resistance indicator is just one tool that you can use to trade. You should always use other technical analysis tools and indicators, such as price action and trend analysis, to confirm your trading decisions.
Additionally:
=> Be aware of the overall trend direction. If the trend is up, you should be looking for bullish reversals or continuations. If the trend is down, you should be looking for bearish reversals or continuations.
=> Use a stop loss order to limit your risk on each trade.
=> Consider using a position sizing strategy to manage your risk.
=> Do your own research and backtest any trading strategy before using it in a live trading environment.
Follow us for timely updates regarding future indicators and give it a like if you appreciate the indicator.
Super SMA 5 8 13This indicator is based on the 5 8 13 simple moving average strategy of strategist Selçuk Gönençler. The indicator shows buy and sell signals when favorable conditions occur.
══ H O W T O U S E ══
Above 5-8-13 - Confirmed hold/buy
5 below (8-13 above) - Be careful, lose weight but don't run away.
Below 5-8 (above 13) - Risk has begun. Don't be stubborn. 13 is your last castle.
5-8-13 below. Don't fight! Wait until it rises above 5-8 again.
L.S.C : CF-SW ORG ORS ORIfor L.S.C Strategy
Green Curry with Chicken Ingredients:
Green curry paste: 70 grams
Chicken thigh meat: 300 grams
Coconut milk (thick): 250 milliliters
Coconut milk (thin): 400 milliliters
Sliced eggplant: 100 grams
Thai pea eggplant: 50 grams
Kaffir lime leaves: 3 leaves
Red bird's eye chili (sliced): 2 seeds
Holy basil leaves: 15 grams
Fish sauce: 1 tablespoon
Palm sugar: 1 tablespoon
Volume Spike, Price Move >3% Spike with Vol & Gap Up IdentifierTitle: Identifying Volume Spikes, Price Movements and Gap Ups: A TradingView Script
Introduction:
In the world of trading, identifying volume spikes and price movements can provide valuable insights into market trends and potential trading opportunities. In this article, we'll explore a TradingView script that helps traders visualize volume spikes, price up moves with volume spikes, and gap-up days on their charts.
Detecting Price Up Moves:
The script starts by calculating price up moves. It compares the current day's closing price with the previous day's closing price and checks if it has increased by 3% or more. This helps traders spot significant upward price movements.
Detecting Volume Spurts:
Next, the script focuses on detecting volume spikes, which are often associated with increased market activity and potential trading opportunities. It compares the current day's volume with the highest volume of the previous nine sessions. If the current volume exceeds all the volumes of the previous nine sessions, it is considered a volume spurt.
Example:
Let's consider a hypothetical scenario where we have the following volume data for a stock:
Day 1: 100,000
Day 2: 80,000
Day 3: 120,000
Day 4: 150,000
Day 5: 200,000
Day 6: 90,000
Day 7: 110,000
Day 8: 130,000
Day 9: 140,000
Day 10: 250,000 (current day)
To determine if there is a volume spurt on Day 10, the script compares the current day's volume (250,000) with the highest volume of the previous nine sessions. In this case, the highest volume among the previous nine sessions is 200,000 (on Day 5). Since the current day's volume (250,000) exceeds the highest volume of the previous nine sessions (200,000), it is considered a volume spurt.
Identifying Gap-Up Days:
Gap-up days occur when the market opens significantly higher than the previous day's close. To identify these days, the script compares the current day's low price with the previous day's high price. If the low price is greater than the previous day's high, it is marked as a gap-up day.
Visualizing the Findings:
To provide a clear visual representation of the identified patterns, the script uses different shapes and colors. First, it plots small red dots above the candles whenever a volume spurt is detected. These dots help traders quickly identify periods of increased volume activity.
For price up moves with volume spikes, the script utilizes blue triangular shapes below the candles. This allows traders to pinpoint instances where both price and volume are showing positive signs, indicating potential bullish movements.
Additionally, the script incorporates green candles to represent gap-up days. These candles help traders recognize days when the market opens with a significant upward gap, suggesting a potential shift in market sentiment.
Conclusion:
The TradingView script discussed in this article provides traders with a visual representation of volume spikes , price up moves with volume spikes , and gap-up days . By incorporating these visual cues into their analysis, traders can gain valuable insights into market trends and potential trading opportunities.
Remember, this script should be used for educational and informational purposes only and does not serve as financial advice or recommendations. Traders are encouraged to customize and modify the script according to their specific trading strategies and risk tolerance.
Share this script with other traders on TradingView to enhance their chart analysis and trading decisions.
PS: This TradingView script is designed to work specifically on the daily timeframe (daily candles). It calculates and identifies volume spurts based on the volume data of the daily timeframe. Since it is designed for the daily timeframe, it may not produce accurate results or work as intended on other timeframes.
VOLD Ratio (Volume Difference Ratio) by TenozenAnother helpful indicator is here! VOLD Ratio is calculated by the net volume of a buying candle, divided by the net volume of a sell candle.
Formula:
buying net volume/selling net volume
It's a simple indicator, but don't underestimate this simplicity. It's a powerful indicator that would help you to decide whether the volume is getting interested in the direction that the market would take. So assume when the market is above the Bollinger Bands, it means that the volume is at a buying extreme, by that, we could expect the market to get back towards the mean, as there is a lot of buying demand that entered the market. How about below the Bollinger Bands? it means that the volume is at a selling extreme, we could expect that there is a lot of volume getting in toward the sellers, so we could take advantage of the opportunity to go for a long. Lastly, the Bollinger Bands would help you guys to determine the liquidity of the market, if the Bollinger Bands get smaller over time, it means there is no interest for the market to enter yet, and if the Bollinger Bands get bigger over time, it means there is interest for the market to enter in the session.
Tips & Reminder:
- We shouldn't use this indicator by itself, make sure to use an Indicator that would help you guys to determine the momentum and the liquidity of the market.
- The higher the timeframe, the slower this indicator would signal an entry, by that use a smaller timeframe... I suggest using a 15M chart for the execution.
- Always trade in the medium-longterm direction if you want to have a high probability trade.
- Be patient in your execution, it's more likely the market would go higher or lower after going in the extreme of the Bollinger Bands.
Well, that's it! Hope you guys enjoy using this indicator, let me know if there is any question or suggestion. Ciao...
RSI MTF [Market Yogi]The Multi-Time Frame RSI with Money Flow Index and Average is a powerful trading indicator designed to help traders identify overbought and oversold conditions across multiple time frames. It combines the Relative Strength Index (RSI) with the Money Flow Index (MFI) and provides an average value for better accuracy.
The Relative Strength Index (RSI) is a popular momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100 and is used to identify overbought and oversold conditions in an asset. By incorporating the RSI across multiple time frames, this indicator offers a broader perspective on market sentiment.
In addition to the RSI, this indicator also includes the Money Flow Index (MFI). The MFI is a volume-based oscillator that measures the inflow and outflow of money into an asset. It takes into account both price and volume, providing insights into the strength and direction of buying and selling pressure.
By combining the RSI and MFI across multiple time frames, traders gain a comprehensive understanding of market dynamics. The indicator allows for comparing the RSI and MFI values across different time frames, enabling traders to identify divergences and potential trend reversals.
Furthermore, this indicator provides an average value of the multi-time frame RSI, offering a consolidated signal that helps filter out noise and enhance the accuracy of trading decisions.
Key Features:
1. Multi-Time Frame RSI: Combines the RSI across different time frames to provide a comprehensive view of market sentiment.
2. Money Flow Index (MFI): Incorporates the MFI to gauge buying and selling pressure based on both price and volume.
3. Average Calculation: Computes the average value of the multi-time frame RSI to generate a consolidated trading signal.
4. Divergence Detection: Enables traders to spot divergences between the RSI and MFI values, indicating potential trend reversals.
5. Overbought and Oversold Levels: Highlights overbought and oversold levels on the RSI, aiding in timing entry and exit points.
The Multi-Time Frame RSI with Money Flow Index and Average is a versatile tool that can be applied to various trading strategies, including trend following, swing trading, and mean reversion. Traders can adjust the time frame settings to suit their preferences and trading style.
Note: It's important to use this indicator in conjunction with other technical analysis tools and indicators to validate signals and make informed trading decisions.
Ratio To Average - The Quant ScienceRatio To Average - The Quant Science is a quantitative indicator that calculates the percentage ratio of the market price in relation to a reference average. The indicator allows the calculation of the ratio using four different types of averages: SMA, EMA, WMA, and HMA. The ratio is represented by a series of histograms that highlight periods when the ratio is positive (in green) and periods when the ratio is negative (in red).
What is the Ratio to Average?
The Ratio to Average is a measure that tracks the price movements with one of its averages, calculating how much the price is above or below its own average, in percentage terms.
USER INTERFACE
Lenght: it adjusts the number of bars to include in the calculation of the average.
Moving Average: it allows you to choose the type of average to use.
Color Up/Color Down : it allows you to choose the color of the indicator for positive and negative ratios.
Fierytrading: Volatility DepthDear Tradingview community,
I'd like to share one of my staple indicators with you. The volatility depth indicator calculates the volatility over a 7-day period and plots it on your chart.
This indicator only works for the DAILY chart on BTC/USD.
Colors
I've color coded the indicator as follows:
- Red: Extreme Volatility
- Orange: High Volatility
- Yellow: Normal Volatility
- Green: Low Volatility
Red: extreme changes in price. Often during local tops and bottoms.
Orange: higher than average moves in price. Often before or after a "red" period. Often seen in the middle of bear or bull markets.
Yellow: normal price action. Often seen during early stage bull-markets and late stage bear-markets.
Green: very low price movement. Often during times of indecision. Once this indicator becomes green, you can expect a big move in either direction. Low volatility is always followed by high volatility.
In a long-term uptrend, a green period often signals a bullish break out. In a long-term downtrend it often signals a bearish break out.
How to use
Save the indicator and apply it to your chart. You can change the length in the settings, but it's optimized for 7 days, so no need to change it.
I've build in alerts for all 4 different volatility periods. In most cases, the low volatility alert is enough.
Good luck!
No Code SignalsNo Code Signals is an intuitive user interface for users to generate their own signals based on indicators they already have applied to their chart.
This indicator makes use of the new input.source() limits for importing data from external sources (indicators) into 1 indicator.
You are now able to import ANY number of sources from up to 10 different indicators.
Features:
- Import up to 10 unique values from up to 10 different indicators already on your chart!
- Compare those values against other imported indicator values, or chart ohlc values.
- Option to use a defined level instead of an active source.
- 5 Signal Options (Currently)
- Alerts, Each signal has its own alert condition.
- Labeled Signals, to tell which signal is which.
Potential Future Plans:
- More Signals & Analysis Options
- Possibly more imports
- Combining 2 (or more) signals into 1
Here is a Screenshot of a chart with signals, and the Interface creating the signals.
Enjoy!
Ladder StDevThis indicator shows the upwards (green) and downward (red) volatility of the market. It is a standard deviation of the price but with a twist! For the upwards volatility , only the green candles are taken into account, and for the downwards only the red candles are.
Compared to my previous "Ladder ATR" indicator this a different approach to measure the the upwards and downwards volatility of the market by utilizing the standard deviation instead of the ATR. When both measure the volatility they have different "dynamics". Standard deviation increases the weight of larger values over smaller values. The ATR indicator is based on the average of absolute changes. So, if we apply the indicators on a daily chart , ATR considers intraday and between-day data, while the standard deviation calculation includes only daily returns (source price).
Ladder ATRThis indicator shows the upwards (green) and downward (red) volatility of the market. It is a moving average of the true range values like the ATR indicator does but with a twist! For the upwards volatility, only the green candles are taken into account, and for the downwards only the red candles are.
To the best of my knowledge, this technique had been introduced by HeWhoMustNotBeNamed in his "Supertrend - Ladder ATR" publication where the different types of volatility helped to improve the "trend reversal" conditions compared to the "Supertrend" indicator.
However, the actual "Ladder ATR" values were hard to see. This indicator shows the actual upward and downward volatility making it easy to reason about long and short price moves and potential biases in each direction.
In layman's terms this indicator "Ladder ATR" is to the "Supertrend - Ladder ATR" what the "Average True Range" indicator is to the "Supertrend" indicator.
5 Minute TF 200 EMA Retest by Grantwww.tradingview.com
This indicator is a simple script meant to find retests on the 200 period moving average. It's current state is optimized for the 5 minute timeframe.
This works in all markets and all timeframes as long as you adjust certain rules for higher timeframes.
It's strengths and weaknesses
- Good at trend continuation in strong markets
- Bad in ranging markets (not surprising)
How does it work?
- It first identifies an overall trend by using the 200 ema.
- For long positions, it waits for price to close below the 200 ema, and then shortly closing back above the ema. For short positions its the opposite.
- For lower timeframes there are some other factors that help filter out bad signals that include:
- Makes sure that volume is increasing.
- Makes sure that volume is higher than average volume.
- For higher timeframes, the more specific factors aren't required.
How to use this indicator:
- Green triangles mean long positions
- Red triangles mean short positions
- Always trade with stoplosses and never risk too much of your account, please practice proper risk managment.
DISCLAIMER: Trading is inherently dangerous and carries lot's of risk. What you decide to do with my script has nothing to do with me. I am not responsible for any financial gains or losses made using this script. It is important to recognize other factors in the market to make better decisions.
Multi indicators tableThis is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty.
The Volatility category includes the Average True Range (ATR) and Bollinger Bands indicators. The Trend category comprises the Average Directional Index (ADX), four Exponential Moving Averages (EMAs), Aroon, Parabolic SAR, and the Supertrend. The Momentum category includes the Stochastic Relative Strength Index (StochRSI), Money Flow Index (MFI), Williams %R, Relative Strength Index (RSI), and Commodity Channel Index (CCI). The Reversal category includes Parabolic SAR, Moving Average Convergence Divergence (MACD), and PP Supertrend. Finally, the Volume category includes the Volume Exponential Moving Average (EMA) indicator.
The indicators states are easily readable, the indicator case is colored based on his actual state. A bullish color (green by default), a bearish color (red by default),
a very bullish color (dark green by default), a very bearish color (dark red by default) and a neutral color (gray by default) displayed when the indicator doesn't give us a clear signal. Some indicators do not have a very bullish or very bearish state. Concerning volatility indicators, the bullish color indicates high volatility, the bearish color indicates low volatility, and the neutral color indicates normal volatility.
Most of the indicators displayed in the table are customizable, and traders can choose to hide the categories they don't want to use. The Indicator provides a quick and easily readable view on the market and allows traders to reduce the number of indicators on their chart making it lighter and more readable.
Quantitative Price Forecasting - The Quant ScienceThis script is a quantitative price forecasting indicator that forecasts price changes for a given asset.
The model aims to forecast future prices by analyzing past data within a selected time period. Mathematical probability is used to calculate whether starting from time X can lead to reaching prices Y1 and Y2. In this context, X represents the current selected time period, Y1 represents the selected percentage decrease, and Y2 represents the selected percentage increase. The probabilities are estimated using the simple average.
The simple average is displayed on the chart, showing in red the periods where the price is below the average and in green the periods where the price is above the average.
This powerful tool not only provides forecasts of future prices but also calculates the distribution of variations around the average. It then takes this information and creates an estimate of the average price variation around the simple average.
Using a mean-reverting logic, buying and selling opportunities are highlighted.
We recommend turning off the display of bars on your chart for a better experience when using this indicator.
Unlock the full potential of your trading strategy with our powerful indicator. By analyzing past price data, it provides accurate forecasts and calculates the probability of reaching specific price targets. Its mean-reverting logic highlights buying and selling opportunities, while the simple moving average displayed on the chart shows periods where the price is above or below the average. Additionally, it estimates the average variation of price around the simple average, giving you valuable insights into price movements. Don't miss out on this valuable tool that can take your trading to the next level
Sup/Res Levels [QuantVue]Shows basic pivot point of support and resistance levels. Will show alerts for break of sup. or res. Allows for a volume filter for sup. res. breaks as well.
"B" means break of either a Sup. or Res. level with volume greater than the threshold.
"Bull/Bear Wick" means bullish/bearish candle on break.
Left - number of bars left hand side of the pivot .
Right - number of bars right hand side of the pivot .
Volume Thres. - the threshold value (%) for the Volume.
This indicator is useful to filter our insignificant breaks of sup. or res. Can help trader determine when to sit on their hands, or enter a trade.
Fibonacci Breakout Target LevelsFibonacci Extension
Fibonacci Extension is a powerful technical analysis tool that traders use to predict where the market might find support and resistance. It is based on the Fibonacci sequence and uses levels that are found by extending the 23.6%, 38.2%, 50%, 61.8%, and 100% Fibonacci ratios from a swing high or low. These levels can be used to find possible areas of support and resistance, and traders often use them to figure out when to get into or get out of a trade.
What does this indicator do?
This indicator gets five levels of the Fibonacci Extension and uses it for both the low and the high. The default lookback period is 10 days, and it checks for the highest and lowest price in that period. Then it calculates the extension levels and plots them, and it also adds a line that shows you the current breakout target levels.
How to use?
The primary use intended for this indicator is to be used to determine possible breakout target levels. Let's say you are trading a range and a breakout happens. You can use this indicator to determine possible take-profit zones and possible support and resistance zones.
Features:
Change the lookback period for the Fibonacci Extension levels.
Disable the Fibonacci Bands if you just want to see the FIB levels.
You can also change the 5 levels and add different Fibonacci numbers.
In this image, you can see how you can use this indicator to determine take-profit levels. The Fibonacci Extensions will determine potential support and resistance levels, which could be good places to exit your long or short positions.
Power Indicator - EMAs + VWAP + Volume BarThe Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View.
The components are:
- EMA9 - Exponential Moving Average of 9 days
- EMA21 - Exponential Moving Average of 21 days
- EMA50 - Exponential Moving Average of 50 days
- EMA200 - Exponential Moving Average of 200 days
- Volume Bar - This indicator provides the volume of the candle and its strength by showing different colors. It's a way to check expressive volume in one bar.
- Vwap line
- Indicator
If you have any questions, let me know!
Flying Dragon Trend IndicatorFlying Dragon Trend Indicator can be used to indicate the trend on all timeframes by finetuning the input settings.
The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the best out of the indicator.
Flying Dragon Trend plots the trend bands into the ribbon, where the colours indicate the trend of each band. The plotting of the bands can be turned off in the input settings. Based on the user selectable Risk Level the trend pivot indicator is shown for the possible trend pivot when the price crosses the certain moving average line, or at the Lowest risk level all the bands have the same colour. The trend pivot indicator is not shown on the Lowest risk level, but the colour of the trend bands is the indicator instead .
The main idea is to combine two different moving averages to cross each other at the possible trend pivot point, but trying to avoid any short term bounces to affect the trend indication. The ingenuity resides in the combination of selected moving average types, lengths and especially the offsets. The trend bands give visual hint for the user while observing the price interaction with the bands, one could say that when "the Dragon swallows the candles the jaws wide open", then there is high possibility for the pivot. The leading moving average should be fast while the lagging moving average should be, well, lagging behind the leading one. There is Offset selections for each moving average, three for leading one and one for the lagging one, those are where the magic happens. After user has selected preferred moving average types and lengths, by tuning each offset the optimal sweet spot for each timeframe and equity will be found. The default values are good enough starting points for longer (4h and up) timeframes, but shorter timeframes (minutes to hours) require different combination of settings, some hints are provided in tooltips. Basically the slower the "leading" moving average (like HMA75 or HMA115) and quicker the "lagging" moving average (like SMA12 or SMA5) become, the better performance at the Lowest risk level on minute scales. This "reversed" approach at the minute scales is shown also as reversed colour for the "lagging" moving average trend band, which seems to make it work surprisingly well.
The Flying Dragon Trend does not necessarily work well on zig zag and range bounce scenarios without additional finetuning of the input settings to fit the current condition.
Live Portfolio ScreenerThe live portfolio screener indicator is a tool that help users to track the performance of their investments in real-time. The indicator provides a detailed breakdown of the user's portfolio, including the current profit and loss (P&L) for each stock that is invested in. This allows users to quickly and easily see how their portfolio is performing and make informed decisions about their investments on charts. Overall, this tool is an essential tool for anyone looking to stay on top of their investments and make data-driven decisions.
This indicator can load any symbol globally usable.
How to use this indicator ?
in this indicator firstly
you have add script name. (For example if you want to add symbol you have add in 's01 ' means the first symbol)
after that
you have to add price for each (For example if you want to add buy price for the first symbol then add the buy price in ' Bp01 ')
then the quantity comes in picture which is below price list and named here as Bq01 which means 'Buy quantity for first symbol'
