Hi, this is a watchlist and screener indicator for Forex and Stocks. This indicator is designed for traders who trade in the forex markets and monitor developments in indices and other currency pairs. It includes information on 14 indices such as the volatility index, Baltic dry index, etc. You can customize the indices as you wish. The indices table contains...
In this example, the indicator calculates the slope between the highest high value of the current period and the highest high value candles bars ago. The result is plotted on the chart as a line. And this example calculates the slope between the lowest low value of the current period and the lowest low value candles bars ago. It then plots the slope on the chart...
Smart Money Indicator Overview: The "Smart Money Indicator" is a custom Pine Script indicator designed to help traders identify potential instances of "smart money" or institutional activity in the financial markets. The concept of "smart money" suggests that institutional investors or sophisticated market participants may have an edge due to their access to...
ICT HTF FVGs displays the higher timeframe FVGs on current chart. This allows the trader to easily visualize the higher timeframe FVGs without having to mark them manually and see when price reaches point of interest for possible reversals or reaction. This indicator attempts to provide as much flexibility possible by being able to define the following: ...
This 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...
This indicator tries to identify the points where the price exceeds or falls below a rectangle based on the opening and closing prices of the previous period, the creation of the boxes occurs when a doji is detected therefore it will calculate the coordinates of the rectangle that will be drawn around it, therefore the indicator offers buy or sell signals based on...
Keep your coins folks, I don't need them, don't want them. If you wish be generous, I do hope that charitable peoples worldwide with surplus food stocks may consider stocking local food banks before stuffing monetary bank vaults, for the crusade of remedying the needs of less than fortunate children, parents, elderly, homeless veterans, and everyone else who...
The "Momentum Channelbands" is indicator that measures and displays an asset's momentum. It includes options to calculate Bollinger Bands and Donchian Channels around the momentum. Users can customize settings for a comprehensive view of momentum-related insights. This tool helps assess trend strength, identify overbought/oversold conditions, and pinpoint...
Indicator Description: The "Bollinger RSI Bands" is an advanced technical analysis tool designed to empower traders with comprehensive insights into market trends, reversals, and overbought/oversold conditions. This multifaceted indicator combines the unique features of candle coloration and Bollinger Bands with the Relative Strength Index (RSI), making it an...
Abstract This script evaluates the potential trading proceeding and loss of the moving average cross strategy and plot it as a chart. We can use it as a reference to whether we follow the original trading signals or not. Introduction Moving average cross is a popular trading strategy. The strategy suggests traders buy when the short term moving average is above...
Median of Means (MoM) is a measure of central tendency like mean (average) and median. However, it could be a better and robust estimator of central tendency when the data is not normal, asymmetric, have fat tails (like stock price data) and have outliers. The MoM can be used as a robust trend following tool and in other derived indicators. Median of means (MoM)...
This is the Cumulative Distribution of a Dataset indicator that also calculates the Kurtosis and Skewness for a selected dataset and determines the normality and distribution type. What it does, in pragmatic terms? In the most simplest terms, it calculates the cumulative distribution function (or CDF) of user-defined dataset. The cumulative distribution...
Buy and sell signals based on activity. If current candle is at least 3 times previous candle you will get an buy or sell signal depending on bearish or bullish candle. other filters are in place such as signal candle must close/above previous candle. top wick of bullish candle must not be more than 3% of body range and vice versa for bearish candle.
Description: The script is designed to provide traders with a unique and comprehensive analysis of trading volume dynamics. Unlike existing scripts, the script offers a distinct advantage by presenting both buy and sell volumes on separate scales, simplifying trading decisions. Key Features: 1. Dual Volume Scales: The script provides two separate volume scales,...
This script shows us the strength and acceleration of the trend, not the direction. ! . The indicator is built on the collision of two volumes (the collision of one-hour and four-hour volumes), where as a result one upward arrow shows us (acceleration, pressing the gas on the pedal), and the downward one shows deceleration (i.e. braking). Recommendation: Be sure...
Some traders calculate using percentages when trading. The original ATR indicator calculates using price movements, so it differs for each stock. To avoid this, I changed the ATR indicator to show price movement as a percentage. The red line is the percentage value of the volatility of the original ATR indicator. The white line is 1.6 times the original indicator....
This script looks for 7 consecutive closes above/below the 5-period SMA. The indicator is inspired by legendary trader Linda Raschke's work. First are the two models for which the indicator was created, both inspired by Raschke: 1) Persistency of trend / Extended run setup. Around 10-12 times per year we get a persistency of trend in instruments in...
Hi, This is a multiband indicator that shows you liquid support and resistance ranges based on growing offsets and growing ATR channels. In the end, when setup well, you can make, based on historical observations, estimates of how traders will react, maybe identical again. How to use: Setup: Activate the two checkboxes for centerline and All_Lines Start with...