Double Bollinger Bands Strategy According to the theory, the narrower Bollinger Bands (with a standard deviation of 1) will assist in weed out false signals and confirm trend shifts, while the wider Bollinger Bands (with a standard deviation of 3) will capture the main trend movements. Two Bollinger Bands 1. Length 20 and StdDev 1 2. Length 20 and StdDev 3 ...
Multi EMA's Any Time Frame Colors with Sliders in between EMA's
Es kombiniert gleitende Durchschnitte und den Relative Strength Index (RSI): Funktionsweise: Gleitende Durchschnitte (MAs): Ein schneller MA (9 Perioden) reagiert rasch auf Preisänderungen. Ein langsamer MA (21 Perioden) zeigt den längerfristigen Trend. Wenn der Preis unter beide MAs fällt, deutet dies auf einen möglichen Dip hin. Relative Strength Index...
Explanation: TRAMA (Indicator 1): Implemented using Pine Script version 5 with the original logic from version 4. Trendlines with Breaks (Indicator 2): Converted from Pine Script version 4 to version 5 and merged into the same script. Notes: The overlay=true ensures both indicators are plotted on the main chart. Ensure your TradingView platform is set to Pine...
Here's a breakdown of its components and functionality: 1. **Supply and Demand Zones:** - The script identifies supply and demand zones based on the highest and lowest prices within a specified period (20 bars in this case). - If the current high price exceeds the highest price within the period, it marks the level as a supply zone (marked in red). -...
Here's how the strategy works: Moving Averages Crossover: It uses a 9-period EMA and a 20-period SMA. When the 9-period EMA crosses above the 20-period SMA, it generates a buy signal. Conversely, when the 9-period EMA crosses below the 20-period SMA, it generates a sell signal. RSI Filter: RSI is a momentum oscillator that measures the speed and change of price...
The Session Master script highlights the last 15 minutes of the trading session and draws lines indicating the high and low of the previous session. Additionally, it includes the calculation of the ADX (Average Directional Index) and DI (Directional Indicators) to help traders identify trend strength and direction. Here is a breakdown of its features: Key...
EMA and SMA Crossover Conditions: Buy Signal: 9EMA crosses above the 20SMA. Sell Signal: 20SMA crosses below the 9EMA. Profit and Stop Loss Targets: Profit target: Set at a distance 3 times greater than the stop-loss. Stop-loss: Set at a certain percentage below/above the entry point. Visualization: Use green arrows for buy signals and red arrows for sell...
👊꿀주먹_RSI 트레이딩뷰 공식 RSI Divergence 인디케이터 수정했습니다. RSI 다이버전스 고가저가 +종가 동시에 표기 고가 하락 다이버전스 : 빨간색 저가 상승 다이버전스 : 초록색 종가 기준 다이버전스 : 흰색
🟣Introduction Understanding market structure involves analyzing market behavior. In other words, market structure encompasses how the market forms and evolves within trends. Market structures are typically fractal and nested, so we categorize them into internal (minor) and external (major) structures. There are various definitions of market structure, with...
Bu kod bir teknik analiz aracı olan "Beş Parmak Tepe ve Dip Noktası"nı geliştirmeyi amaçlamaktadır. Bu indikatör, bir varlığın fiyat grafiğinde tepe ve dip noktalarını belirlemek için kullanılır. Kodun temel yapısı şu şekildedir: Renk değişkenlerinin tanımlanması: Beyaz, kırmızı, mavi ve yeşil renkler tanımlanmıştır. Mumların yüksek ve düşük seviyelerinin...
Purpose: The "Candle Body Percentage" indicator is designed to visualize the relationship between the candle body size and the total candle size (high to low) as a percentage. This helps traders quickly assess the strength of price movements within each candle by comparing the size of the candle body to the entire candle range. How It Works: Candle Body...
This indicator plots three Simple Moving Averages (SMA) on your chart and marks candles where the price crosses the selected SMAs. Additionally, it provides alerts when these crosses occur, making it easier to identify potential trading opportunities. ## Features: - **Customizable SMAs**: Set your preferred periods for the Fast, Medium, and Slow SMAs. -...
This script is based on Ichimoku cloud theory,components of this are 1.conversion line 2.Baseline 3.Chiku span 4.Cloud. 1.Conversion line-Green 2.Base...
Trend Angle Indicator Description The Trend Angle Indicator is designed to measure the strength of a trend by calculating the angle of the trend. Specifically, it computes the angle of a Simple Moving Average (SMA) over a specified length and then applies an Exponential Moving Average (EMA) to the angle for smoothing. This approach provides a clear...