This script prints different EMA if I am on a intraday timeframe or a daily or higher timeframe by using one indicator only. It helps me to bring confluences for my price action strategy.
A simple form of recursive filtering using an adjustable gain and a memory length. The filter predicts the next sample based on the previous values and the calculated error.
This is the indicator I am most proud of. After reading Glenn Neely's book "Mastering Eliott Waves" / "Neowave" and chatting with @timwest who got acknowledged by Neely, we came up with the idea of an moving average which does calculate the real average price since a trend started. Addionally I adapted a method from Neely Neowave and Tim Wests TimeAtMode to not...
Historical Average is a script written in the Pine Script language and is used to calculate various types of moving averages. Moving averages are statistical measures that smooth out data over time, making it easier to identify trends and patterns. This script allows the user to select from several different types of moving averages, including Simple Moving...
Markets tend to mean revert. This indicator plots a moving average from a higher time frame (type of MA and length selectable by the user). It then calculates standard deviations in two dimensions: - Standard deviation of move of price away from this moving average - Standard deviations of number of bars spent in this extended range The indicator plots a table...
🎲 Overview 🎯 This Zigzag indicator build based on different MA such as EMA/HMA/RMA/SMA, support multi-timeframe setting . you can get customer zigzag indicator by change short/long ma length and high-timeframe config(5m/15m/30m/1h/2h) in any symbol. 🎲 Indicator design logic 🎯 entired logic is simple and code looks complex, I‘ll explain core logic here, code...
This oscillator is an attractive way to view hidden price divergence... The formula originated from the Lark, but I have cleanly displayed this information. When the two moving averages (ema) cross with a simple moving average, you find the hidden price divergence. What kind of market should you use this in? It works well when a trend is already established....
This script allows you to build your own customized ribbon/cloud out of a combination of up to 10 moving averages of various lengths/types. The maximum and minimum of all the moving averages considered simultaneously at each period define the envelope of the cloud. Each moving average can be plotted or invisible and selectable for inclusion in the construction...
This indicator summarizes many of famous trader Mark Minervini's investment criteria into one (hopefully) easy to read indicator. It is comprised of two general sections: technical and fundamental. Within the technical section there are 4/5 groups: (1) Price location (above SMA 50/150/200). Optional: EMA 21 (2) SMAs sequence (SMA 50 above SMA 150 above SMA...
Level: 1 Background In Traders’ Tips in January 2023, Vitali Apirine published an article in the January 2023 issue, “True Range Adjusted Exponential Moving Average (TRAdj EMA)”. I use pine v4 to script it. Function Vitali Apirine's article True Range Adjusted Exponential Moving Average (TRAdj EMA) presents how a security's True Range, which measures...
Level: 3 Background One of my favourite tool to see fast trends which is simple but powerful. It runs under below market logic. Function Best cose line is a tool to model the people's mood and preference in the market. I define a typical price as wcx, when wcx is above the best cost line, which means traders are willing to use higher price to buy, then if you...
RSI BANDS: It is an exclusive product of ApiDevs, this indicator selectively integrates a series of highly advanced algorithms that aim to provide the trader with an effective and profitable trading system, based on a series of conditions that project the price direction with a reasonable probability. This indicator bears the name of “RSI Bands”, this is because...
Get a snapshot of the market with the index's last price, distance to selectable moving averages, and breadth data. Choose to see data based on the Nasdaq or SPX, as well as net highs / lows for the Nasdaq, NYSE or combined. Snapshot shows: - Index's (SPX or Nasdaq's) last price - Put call ratio - % of stocks above the 50 day moving average for the index...
TL_STRATEGY: The TL_STRATEGY , is a whole ecosystem of indicators that make up a quite powerful and famous strategy in cryptocurrency trading, it is composed of the following indicators: • Exponential moving media bands (10 and 55). • Squeeze Momentum indicator (SQZMON PRO +). • Volume profile (VP Developed by APIDEVs). • Average directional index ( ADX PRO...
The Momentum Squeeze Indicator is a momentum oscillator that indicates how explosively the price will move. Its first known version was called "TTM Squeeze" by John Carter explained in his book "Mastering the Trade" (chapter 11) and popularized in TradingView by a developer named LazyBear. The black crosses on the center line show that the market has just entered...
Moving Averages are probably the most commonly used analysis tools, and MACD is possibly the first charting indicator a trader gets to learn about. MACD Basic concept ---------------------------- Without repeating all the tons of documentation about what MACD does, let's quickly re-visit the MACD concept from a 10-mile altitude (note we're keen on simplifying...
Volume Divergence • Formula originated from: "Hidden Price Divergence" (circles) by TheLark. I did two things to harness its effectiveness: • Firstly, I developed a unique way to filter out the divergence signals that were appearing on both sides of the midline. This filter will be known as the "Midline Tool" . It filters out a lot of the false...
Cosmic Channel Lite ( CC Lite) draws dynamic non-repainting trendlines and helps ⭐ know when a breakout is about to begin ⭐ predict the position and timing of the next swing reversal ⭐ predict sudden changes in volatility ⭐ recognize whether the price is in bearish or bullish territory 👀 HOW IT WORKS Cosmic Channel Lite draws a dynamic channel consisting...