Overview: The EMA-Based Relative Strength Labels indicator provides a dynamic method to visualize the strength of price movements relative to an Exponential Moving Average (EMA). By comparing the current price to the EMA, it assigns labels (A, B, C for bullish and X, Y, Z for bearish) to candles, indicating the intensity of bullish or bearish behavior. Key...
This indicator is designed to detect buying and selling opportunities in financial markets by tracking peak and bottom points to identify potential reversal points, providing investors with potential entry and exit signals. How It Works? Peak and Bottom Definition: The indicator calculates the highest (peak) and lowest (bottom) prices for specified periods. These...
Hello everyone, In this indicator, you will find 6 different entry and exit signals based on the RSI : Entry into overbought and oversold zones Exit from overbought and oversold zones Crossing the 50 level RSI cross RSI MA below or above the 50 level RSI cross RSI MA in the overbought or oversold zones RSI Divergence With the signals...
This indicator combines two powerful technical analysis tools into one: the Volume Profile Bar-Magnified Order Blocks and Strong Demands and Offers. The Volume Profile Bar-Magnified Order Blocks identifies and highlights significant areas of volume and price on the chart, helping traders identify zones of high liquidity and potential trend reversal areas. With...
INTRODUCTION: The Candlestick Patterns detection and backtester is designed to empower traders by identifying and analyzing candlestick patterns. Leveraging the robust Pine Script's add-in “All Candlestick Patterns”, this indicator meticulously scans the market for candlestick formations, offering insights into potential market movements. With its backtesting...
Display your custom charts exported from anywhere in TradingView. Put your candles on candles : var Candle candles = array.from(...) For instance: var Candle candles = array.from(Candle.new(2.0, 4.0, 1.0, 3.0), Candle.new(3.0, 5.0, 2.0, 4.0)) Candle details: Candle.new(open_1, high_1, low_1, close_1)
This is an indicator index based on cumulative market value of the Magnificent 7 (AAPL, MSFT, NVDA, TSLA, META, AMZN, GOOG). Such an indicator for the famous Mag 7, against which your main security can be benchmarked, was missing from the TradingView user library. The index bar values are calculated by taking the weighted average of the 7 stocks, relative to...
Swing Sniper: A Comprehensive Market Reversal Indicator Description: Swing Sniper, developed by Republic of Traders, is a sophisticated trading indicator designed for traders who require precise market reversal signals. It performs optimally across all trading instruments and timeframes, offering both reliability and precision. How It Works: Swing Sniper employs...
The "Steinkopff Slope" indicator is a custom tool for TradingView designed to measure and visually represent the percentage slope of a moving average. This indicator is particularly useful for analyzing the momentum of a financial instrument by highlighting changes in the slope of the moving average. Initially, the indicator allows the user to define the length...
ENGLISH DESCRIPTION: Easy get your lot size (by Acero FX) --------------------------- We use this transaction sizes: Forex = 1 XAUUSD = 0.001 US100, US30 or other index = 10 --------------------------- Automatic Information for calculations: Currency used: USD Instrument: Detected Automatically --------------------------- Manual Inputs: Choose your Balance...
This indicator is called "Swing Harmony Indicator" and it calculates the average of the highest high and lowest low prices over a certain period, along with a simple moving average of the closing prices. It then plots these values on the chart, with the color of the average line dynamically changing based on whether the second average is less than or greater than...
This code represents a seasonal indicator that has a number of unique functions to help traders better understand the market and make informed decisions. Let's take a closer look at each of them: 1. **Chart background shading for each season:** This function allows you to visually see seasonal changes in the market. You'll be able to easily track how the market...
The Long-Term Trend Detector is a powerful tool designed to identify sustainable trends in price movements, offering significant advantages for traders and investors. Key Benefits: 1. Projection Confidence: This indicator leverages Pearson's R, a statistical measure that indicates the strength of the linear relationship between price and trend projection. A...
This indicator automatically draws Fibonacci levels based on your selected timeframe: Monday, Monthly, or Quarterly. For instance, if you choose Monday, it plots Fibonacci levels (0, 0.25, 0.5, 0.75, 1) based on that day's candle. You can also opt to display titles on the top right of each line for clarity. Additionally, it offers the feature to show a dashed...
█ Overview The Dynamic Price Oscillator (DPO) by Zeiierman is designed to gauge the momentum and volatility of asset prices in trading markets. By integrating elements of traditional oscillators with volatility adjustments and Bollinger Bands, the DPO offers a unique approach to understanding market dynamics. This indicator is particularly useful for...
Input : * two option Premiums * net Premium Paid for LONG * net Premium Received for SHORT based on the above data it plots the line chart of the premiums the indicator can be used to monitor the straddle / strangle positions the table displays the premiums of the corresponding options premiums and the current premiums based on the positions the color of the...
Gaussian Price Filter Overview and History of the Gaussian Transformation The Gaussian transformation, often associated with the Gaussian (normal) distribution, is a mathematical function characteristically prominent in statistics and probability theory. The bell-shaped curve of the Gaussian function, expressing the normal distribution, is ubiquitously...
The Giga Kaleidoscope GKD-BT Optimizer SCSC Backtest (Solo Confirmation Super Complex) is a Backtest module included in AlgxTrading's "Giga Kaleidoscope Modularized Trading System." (see the section Giga Kaleidoscope (GKD) Modularized Trading System below for an explanation of the GKD trading system) **the backtest data rendered to the chart above and all...