The VWAP Divergence indicator aims to find divergences between price action and the VWAP indicator. It uses filters to filter out many of the false divergences and alert high quality, accurate signals. Red dots above the candle represent bearish divergences, while green dots below the candle represent bullish divergences. The main filter for divergences...
█ Overview The Fibonacci Structure & Trend Channel (Expo) is designed to identify trend direction and potential reversal levels and offer insights into price structure based on Fibonacci ratios. The algorithm plots a Fibonacci channel, making it easier for traders to identify potential retracement points. Additionally, the Fibonacci market structure is plotted...
This indicator is designed to detect and plot Double Tops and Double Bottoms, by setting the initial high or low using standard pivot points. Double Tops A Double Top is a bearish reversal pattern, typically found when an uptrend returns back to a prior peak. It signifies a potential turning point or resistance level and could potentially reverse in...
Contraction & Doji Lines indicator is designed to identify and visualize potential support and resistance levels on a price chart. It does this by detecting doji candlestick patterns and drawing horizontal lines from the middle of the doji bodies to the right. Additionally, it also highlights price contraction zones with colored boxes. The indicator first...
The indicator displays the date and amount of future dividends for the selected symbol. Allows you to forecast the increase in cash volume on the market.
This open source script uses the mathematical rules of a classic two-input neuron with two weights and one bias(x * w1 + y*w2 + b). The two inputs are the rsi (length 14) of close and volume, The result that we try to anticipate is the development of a pivot high or a pivot low (high or low candle are the max or min of the previous n° ) The activation function is...
For day traders, establishing a trend at the start of the day is critically important for setting targets and entering positions. This can be difficult when traditional moving averages lag from previous days, causing late entry and/or incorrect trend interpretation. The Day Trader's Anchored MA indicator plots three dynamic moving averages which restart on each...
This indicator calculates actual changes in the asset value, based on the assumption that changes in the dollar value are correlated with changes in the dollar index. The calculation begins by converting the asset price to dollars. It is then multiplied by the dollar index. This value itself has no inherent meaning, but changes in this value reflect actual...
Time Session Filter in TradingView Strategy: A Comprehensive Guide Welcome to this educational TradingView blog where we dive deep into the functionality and utility of the time session filter in trading strategies. It's interesting to note that the time session filter is a commonly overlooked feature in Pine Script, often not integrated into overall trading...
This code generates a buy signal when all four conditions are met: The candles should be below the EMA5 line. The signal generating candle’s previous candle should have the high to EMA5 gap of not less than 0.01%. The signal generating candle’s volume should not be less than 90% of its previous candle. The signal generating candle should close above the EMA5 line...
TVMA is a special type of moving average that differs from the traditional usage of moving averages. TVMA is a lagging moving average, and the degree of lag is determined by the parameter "tvmaLength". When "tvmaLength" = 1, the TVMA line coincides completely with the data source curve without any lag. As the value of "tvmaLength" increases, the lagging effect of...
The Resistance Support Relative Strength (RSRS) indicator, published by Everbright Securities, is a technical analysis tool that enjoys immense popularity among Chinese quantitative traders, owing to its stellar performance in China's stock markets. 🟠 Principle The indicator treats daily highs and lows as resistance and support levels respectively. It measures...
Equity Trade Risk Manager is a simple indicator that helps you protect your portfolio by going into each trade risk first ! Equity Trade Risk Manager does this by calculating your ideal position size or ideal stop loss based on your account size, purchase price and risk tolerance. This ensures you are never risking more than your predetermined amount on each...
The indicator plots buying and selling histograms on the price chart, as well as graphical signals in the form of triangles to highlight buying and selling conditions. Buying conditions are based on a sudden increase in volume and oversold RSI, while selling conditions are based on a sudden increase in volume and overbought RSI. In summary, this strategy aims to...
The "Zaree - Bull & Bear Volume Void" (BBVV) indicator is a versatile tool designed to help traders assess the dynamics of bull and bear power in the market, with a focus on volume-based analysis. This indicator offers a range of features that aid in identifying potential shifts in market sentiment and strength. Details of the Indicator: Volume Void Color...
RSI Divergence Smoothed This indicator is based on the RSI Divergence indicator by @InvestitoreComune. The "RSI Divergence Smoothed" is a custom technical indicator designed to highlight divergence between two RSI (Relative Strength Index) lines: a fast RSI and a slow RSI. The divergence is then visualized on the chart, assisting traders in recognizing...
for 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...
It seems that the traditional Laguerre* functions repaint due to the gamma parameter. That goes even for the editorial pick here. But one could use calculation period instead of "gamma" parameter. This gives us a non-repainting Laguerre RSI fit for scalping trends. At first glance, I haven't seen anyone do this with a pine script, but I could be wrong because...