This indicator is based on long time market analysts Walter Deemer's research. Below is a summary of what the indicator is used for. In short it can be used to spot market reversals. In short, when the 10 day NYSE Advance:Decline ratio breaches 1.97, the market has achieved break away momentum. When the 20 day ratio achieves a 1.72 ratio this can be a "good"...
NG : This indicator is created by combining the standard period RSI indicator with an Oversold limit of 32, an Overbought limit of 70 and a period of 14 (these values can be changed optionally from the entries and still tabs of the indicator settings) and the Bollinger Band . indicator with a standard deviation of 2 and a period of 20. Also, the RSI Oversold is an...
3 line strike - Basic chart pattern identification (Script code is now open to anyone to view) -Plots on the chart for you (the visual experience is their for the end user. They can see ‘why’ item plotted) i.e; patterns identified Bullish Why = Green candle + Green candle + Green candle + Red candle Bearish Why = Red candle + Red candle + Red candle + Green...
Trigonometric compare This is copy and mod of a script from alexgrower which did this great trigonometric math. As there was this idea floating around from some unicorn doing it instead of close also with the ta.obv, why not compare them. from a first idea: green=bullish trend red=baserish trend blue=deciding and acceleration zone or maybe SL hunting of...
What is the VSA | Volume Spread Analysis Indicator? I created this premium volume indicator to find and place high probability forex trades as a part of the Kintsugi Trading 3LS | 3 Line Strike Strategy . Originally developed by Tom Williams who is considered the father of Volume Spread Analysis, this tool is an amazing indicator and would make a great...
English Descriptions Midpoint - MG indicator is an indicator available in Netdania application. I wanted to contribute of moving it to this environment for Tradingview users. The basic logic is the value obtained by adding the highest and lowest levels in the specified periods and dividing them into two. The specified range is left to user preference. The...
Variety-Filtered, Squeeze Moving Averages is a chop zone indicator that identifies when price is below a specific volatility threshold calculated as the difference between a fast and slow moving average and filtered using ATR- or Pips-based threshold. This indicator can be use as both an entry and exit indicator. It identifies both chop zones and...
This is initially based on the MA Speed indicator from TradeStation () and expanded upon greatly. This implements 3 different variable MAs and calculates and plots both speed and acceleration of each. Also, a single line composite option is included for both speed and acceleration that changes color based on directional confluence of each MA's speed/acceleration....
Identify bullish kicker candles on the chart. A bullish kicker candle occurs when the opening price is above the body of the previous candle. The previous candle must close lower than the open to qualify. Indicator Settings You can chose which shape and color to plot when a kicker candle occurs, as well as placement above, below or in a separate pane....
Here is something like a combo from the well known Rob Hoffman (Overlay) Indicator and the Inventory Retracement Bar without any ballast This really smart strategy with a low risk and a quick profit. I combine this two Indicators to save space. The first condition is that the orange line and the lime line must be parallel and there is no other line between them...
Show the High and low lines based on the average daily range of ticker
Analyze the Ease of Movement for a selected date range
Click on two points to find the average volume line for your selection
Multiple Moving Average indicators (MultiMA) This script is drawing several Moving Average (MA) indicators for different lengths and timeframes in the main chart pane. MultiMA can be controlled as a single entity, which makes it very comfortable and space saving tool. Each particular MA graph can be enabled or disabled and also marked with the corresponding text...
Tradesense Premium Tradesense Premium indicator offers a buy & sell signal that is based from our senior analyst who have more than 10years of experience in Forex, Stock and Crypto trading and made it possible by our pine script developers. Our script can detect market volatility based on the price direction and the absolute value of exponential moving average...
Total3 does not show the whole picture, because the supply of the stable coins is included and that provides an over optimistic outlook on the the market cap of the alt coins.
The full name of this indicator is R-Squared Adaptive Fisher Transform w/ Dynamic Zones and Divergences. This is an R-squared adaptive Fisher transform with adjustable dynamic zones, signals, alerts, and divergences. What is Fisher Transform? The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal...
This script was designed to work and feel like the built in RSI script but with a lot of added feature that traders might enjoy. You get to see the RSI represented as candle sticks OR Heikin Ashi. I have added in Connors RSI as a bonus so you can see what this lesser used study looks like in candle form. Just like in the original script I have moving averages and...