Price Correction corrects for index and security mispricing to the extent possible in TradingView on both daily and intraday charts. Price correction addresses mispricing issues for specific securities with known issues, or the user can build daily candles from intraday data instead of relying on exchange reported daily OHLC prices, which can include both...
A take on alexgrover 's Optimized Linear Regression Channel script which allows users to apply multiple linear regression channel with unique multiplicative factors. Multiplicative Factors Adjust the amount of channels and multiplicative factors of existing or additional channels using the "Mults" input. An input of "1" creates a single linear regression...
A configurable fast and slow moving average combined to help visualize the current trend and potential changes in trend. Allows for specifying a fixed set of minutes or days instead of just bars so that the visualization is similar when changing time-frames.
It is like an improved version of the deviation rate from the R-type (Radioyazi) moving average line used in stocks. 5RMA deviation rate is red and 25RMA deviation rate is blue. RMA is the average of the opening, high, low and closing prices. You can change it to SMA or close price in the settings. Pink is (5RMA+25RMA)/2. Each line is a band, the upper end is the...
Quarter Theory Levels is a script that will create level lines based on major round numbers and spilt those levels into half and quarter ranges. This tool is intended to help traders see major levels that price will likely react to in the future. The Script is inspired by Quarters Theory.
In working with a lot of new traders, one of the most common hurdles that they tend to encounter is properly identifying the various major trading sessions around the world. While it's pretty intuitive to grasp the basic concept, the biggest struggle is around the time conversion. Most people are pretty familiar with the trading session most local to them (e.g....
This indicator uses the RSI as the backbone of an extremely sensitive two-indicator trend following system. This indicator is unique in that it uses the RSI as an anchor to attempt to solve for color where there is divergence nearby.
Using moving average crossover for identifying the change in trend is very common. However, this method can give lots of false signals during the ranging markets. In this algorithm, we try to find the extreme trend by looking at fully aligned multi-level moving averages and only look at moving average crossover when market is in the extreme trend - either bullish...
Indicator for the "Patrón Poderoso" strategy. This strategy is based on Bollinger Bands and RSI and try to determine overbought or oversold zones where you can trade. Both indicators are combined to provide a stronger signal. By default, it is considered an overbought zone when price is over BB upper and RSI above 80. That would be a short signal. Price below...
Library "KernelFunctions" This library provides non-repainting kernel functions for Nadaraya-Watson estimator implementations. This allows for easy substitution/comparison of different kernel functions for one another in indicators. Furthermore, kernels can easily be combined with other kernels to create newer, more customized kernels. Compared to Moving...
Often, a trader would like to predict the range for the next certain amount of period. This is useful for doing short strangles, Iron Fy, Iron Condor strategies. This script calculates the price range for the next 'X' number of candles on the given timeframe based on Standard Deviation formulae. It gives this range on 1 standard deviation and 2 standard...
Library "inChart" determine if price value is between chart high + x% and low - x% on the visible chart. inChart()
Library "ahpuhelper" Helper Library for Auto Harmonic Patterns UltimateX. It is not meaningful for others. This is supposed to be private library. But, publishing it to make sure that I don't delete accidentally. Some functions may be useful for coders. insert_open_trades_table_column(showOpenTrades, table_id, column, colors, values, intStatus,...
This strategy script is a combination of two indicators developed by LuxAlgo: Triangular Momentum Oscillator & Real Time Divergences ( TMO ) Adjustable MA & Alternating Extremities (AMA) The script combines the BUY and SELL signals from the TMO indicator with the BUY and SELL extremities shown by the AMA script and waits for the smoothed candles to grow...
Quick Script to mark out round number levels. These levels often become reversal points or where the next price range will develop. This script is intended to be a tool to aid along with additional trading strategies.
What is the impact for Volume to the Prices? To respond this question, I formulate the hipótesis if a little Volume change a lot the Price, it's a reversion signal, and if a lot of Volume change a little the price, it´s because the price is established. This is one of 3 indicators created to improve this hipótesis, named: 1. Relative Volume Prices Index by...
What is the impact for Volume to the Prices? To respond this question, I formulate the hipótesis if a little Volume change a lot the Price, it's a reversion signal, and if a lot of Volume change a little the price, it´s because the price is established. This is one of 3 indicators created to improve this hipótesis, named: 1. Relative Volume Prices Index by...
It's not an indication of anything here, it's just part of my operating in a simple and summarized way, I hope it helps someone. Suri's EMA's indicator is nothing more than a set of exponential moving averages (EMA). They are 12, 26, 50 and 200. Attention to the use of the indicator, it is just an INDICATOR, it should not be taken as the main point of your...