█ This indicator shows an automatic Fibonacci retracement levels. This indicator is designed based on highs, lows, and trend interpretation to orientate the fibonacci retracement in the good direction. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support...
Hello! "TPO Letters" functions similarly to the script "Realtime TPO Profile"; however, TPO characters are appended to a developing bar. Simply, TPO characters display on the bar that formed them. All colors are configurable. The image above emphasizes functionality; TPO letters are colored on a gradient . Additionally, the value area range is shaded;...
This strategy is based on the gaps theory. In this case we have the BTC futures from CME, which acts in a way similar to stocks, and we can have gaps present between close/open session, and also sometimes between same candle due to huge movements intra candle. At the same time I have combined this with a daily moving average, to help out a bit with the trend,...
Library "SupportResitanceAndTrend" Contains utilities for finding key levels of support, resistance and direction of trend. superTrendPlus(multiple, h, l, atr, closeBars) A more flexible version of SuperTrend that allows for supplying the series used and sensitivity adjustment by confirming close bars. Parameters: multiple : The multiple to apply to...
Library "MovingAverages" vawma(len, src, volumeDefault) VAWMA = VWMA and WMA combined. Simply put, this attempts to determine the average price per share over time weighted heavier for recent values. Uses a triangular algorithm to taper off values in the past (same as WMA does). Parameters: len : The number of bars to measure with. src : The...
Library "DataCleaner" outlierLevel(src, len, level) Gets the (standard deviation) outlier level for a given series. Parameters: src : The series to average and add a multiple of the standard deviation to. len : The The number of bars to measure. level : The positive or negative multiple of the standard deviation to apply to the average. A...
Supply & demand zone, day, monthly, weekly, channels with break out
This script is an alternative to It was developed to address user feedback / enhancement requests. The difference is that the 12 color settings are separate input variables, and therefore will retain their values across level input value changes, and support 'default' template saving.
Cutlers' RSI is a variation of the original RSI Developed by Welles Wilder. This variation uses a simple moving average instead of an exponetial. Since a simple moving average is used by this variation, a longer length tends to give better results compared to a shorter length. CALCULATION Step1: Calculating the Gains and Losses within the chosen period. ...
For use with BTCUSD at 1 min. When the indicator is at a high of .30 it is overbought. When the indicator is at a low of -.30 it is oversold.
This is a variation of Wilder's RSI that was altered by Michael Harris. CALCULATION The average change of each of the length's source value is compared to the more recent source value. The average difference of both positive or negative changes is found. The range of 100 is divided by the divided result of the average incremented and decremented ratio...
🌊 Donchian Channels with Middle Line, Limits and Shadows | by Octopu$ Donchian Channels are three lines generated by Moving Average calculations. These lines formed by upper and lower bands around a midrange or median band. The Upper Band marks the Highest price of a security over X periods of time. While the Lower Band marks the Lowest price over the same...
Library "FrostyBot" JSON Alert Builder for FrostyBot.js Binance Futures and FTX orders github.com More Complete Version Soon. TODO: Comment Functions and annotations from command reference ^^ TODO: Add additional whitelist and symbol mappings. leverage() buy() sell() cancelall() closelong() closeshort() traillong() trailshort() ...
Buying and selling pressure is a volatility indicator which denotes the balance between buyers and sellers inside candlestick. You set the length to average it just like ATR. But This offers further break down of participants of the market. Pretty much at any condition of the market the indicator can filter out interesting details to make trading decisions...
A simple and classic strategy on market, created by LarryWillians using a EMA9. The brute model use a Cross from closing price on EMA9. But occurs many false entries. In other to correct this kind of thing, I add a SMA21 to confirm the trend and decrease numbers of false trades. The strategy waits to break the last High (for buy) a position. As a strategy...
This is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels. Here is the calculation used for the main line. (VWMA100 + VWMA500...