An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average...
Plots the % difference between price and bull market support band. Since BMSB is two lines, they're simple averaged together. Top 40 tokens according to Coingecko ( minus stable coins) are chosen for the default display. On display all average certain crypto are taken out for limited price history. Calculation of BMSB applied in this indicator follows: f(x) => ...
The Smart Disparity Index (SDI) is an optimized version of the Disparity Index indicator invented by Steve Nison (book "Beyond Candlesticks"). According to Steve Nison, "The disparity index (or disparity ratio), compares, as a percentage, the latest close to a chosen moving average", which means that the indicator gives the difference in % between the closing...
Supertrend indicator is a trend following indicator similar to moving averages. You can use this on any timeframe if there is enough market data. What about the Supertrend Rally Rollercoaster? The main objective of this indicator is to avoid fake trends as much as possible and find the best bull and bear runs. The best timeframe is the 15 minute...
Moving Average Based Zig Zag differs from the traditional Zig Zag indicator in that pivot points are determined by a moving average, Volume Weighted Hull Moving Average, rather than looking for the highest or lowest point in a left / right period. Settings Source: the source for the pivot points. Moving Average Length: the length of the Volume Weighted Hull...
Mark Minervini's #3 Trend Template requirement is for the 200 day moving average line to be trending up for at least 1 month but preferably 4 to 5 months at a minimum. A stock with 200 day moving average trending up for 1+ month is potentially making an "early turn" into stage 2 uptrend. Most often, stocks with 200 day moving average trending up for 4+ months is...
#I_MACD #Version_1_0_3 Hello Traders from all over the world! Today I would like to share a cool customizing tool our team recently has made. If you have ever used MACD or any other seemingly indicators that visualize the degree of converging/diverging of any two values, you are very lucky today. This one should be one of the most optimal tools for you guys that...
Similar to my last script, although this one uses the RSI value of (highest high - price) / (price - lowest low) to feed into the the logic creating the dynamic length. Choose how the length curve works by selecting either Incline, Decline, Peak or Trough. Lastly select the moving average type to filter the result through to smoothen things out a bit to find...
This script has been distributed for learning purposes. A particular kind of price envelope is "Bollinger Bands" indicator. Upper and lower price range levels are determined by price envelopes. By default, Bollinger Bands are plotted in Tradingview as envelopes at a standard deviation level above and below the price's simple moving average (SMA). I attempted to...
ENG: The "aurora borealis" indicator has 2 operating modes. To enable it, go to the settings in the arguments section and check the boxes. 1) In the upper part of settings page you may turn on colored of classic candles by heiken ashi candles color. All high low open and close of candles will stay classic. Only color will change. Also you may find there, a moving...
Repost with explanation and description: This is a simple SMA based indicator that I have, for lack of a better term, called directional sentiment line. How it works: The ribbon/band: The main band tracks 4 SMAs, the Open, High, Low and Close. The user can input the length for lookback time, I do 75 and I have it defaulted at 75, however you can do whatever...
This is a simple moving average with a rolling length that resets whenever there is an outlier in the data. I have also included volume weighting. The length represents the lookback period for the outlier detection and the "Outlier Detection" is the deviation level to trigger the detection. You can select from: price detection, volume detection, price or volume...
This layered indicator / Filter will be a check box option within optibots future UI which currently runs within the current json environment. - All pairs that are not moving, flat and wish to agrressively pump will be filtered even if they dip and pump or just pump. - Pairs trending slowly over a short period from a low point then pump hard will be filtered and...
This script show you the distance between the close price, and EMA in the histogram. Red histogram: close price is under the EMA. Green histogram: close price is above the EMA. Default EMA value: 20.
This indicator is a part of the script I coded earlier this month. The name is to surprise one of our discord member. I will publish that indicator in a few days as well, but publishing this as a gesture of giving back to the community. Indicator has: 10 Moving Averages Adjustable Color, Opacity and Size etc Shows Labels for each of the MA. Can be shifted...
Introduction Heyo guys, I recently checked out some eye-catching trading strategy videos on YT and found one to test. This indicator is based on the video. Usage The recommended timeframe is 5 min. Signals Long Entry => L Label Price crosses above ZLSMA and Chandelier Exit shows Buy Long Exit => green circle Price crosses below ZLSMA Short Entry => S...
***CREDIT TO TradingView's TA Library*** (), Attempted to use "import TradingView/ta/4" to import the library, but for whatever reason some of the functions failed to work, while others had no issue, so I opted to just copy paste what I wanted to use. This moving average uses an oscillator to influence the length used during calculation. Extremely...
WELCOME to the Munich Guppy! This is a simple moving average indicator that will help you determine the trend of your chart using historical moving averages. The indicator consists of 3 EMA's and one ALMA moving average. Using these 4 moving averages I have programmed the relationship between the moving averages to color the background of your chart. If your...