Hello Friends,,,
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This indicator is based on Bayes' Theorem and is fully based on probabilities.
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Formula For Bayes' Theorem:
P(Bull|Bear) = P(Bear∣Bull) * P(Bull) / P(Bear)
where:
Bull and Bear are events and P is probability
P(Bull|Bear) is the posterior probability, the...
A piercing pattern is known in technical analysis to be a potential signal for a bullish reversal. The formation in its strictest form is rather rare, but tends to perform better the longer the downtrend in front of it. When technical studies such as RSI, Stochastic or MACD are showing a bullish divergence at the same time a piercing pattern appears, it...
This is my attemption to create oscillator that will show when the market is bullish and when its bearish . Fight between those two forces will be shown on the chart.
It is based on price action versus two moving averages.
* You can choose from 4 different MAs in settings: McGinley , SMA , EMA and VWAP .
* You can set up 2 Moving Averages (fast and slow)
*...
Season tracker identifies the momentum with tracking dominance and market capitalization data of Bitcoin , Altcoin and USDT .
With this indicator you can able to get know about Bitcoin, Altcoin and USDT dominance and market capitalization easily.
Backgrond Color Definations:
If the background color of indicator is ORANGE means that Bitcoin ...
Buy and Sell signals using Bill William oscillators. Works for anything with high volume both crypto and stocks.
Optimal at Lower time frames and larger time frames can give you trend.
Green painted bars bullish momentum
Grey painted bars undecided momentum
Red painted bars bearish momentum.
Dear Followers,
today a new great Scalper Tool , based on a custom version of Money Flow (MFI) oscillator, which works on both Candlesticks, Heiking Ashi and Renko charts , from 1 second Renko chart and above (on non Renko charts, the higher, the better of course!), both on FOREX, Cryptocurrencies, Stocks and Commodities!
This tool has some cool features:
...
This script plots two ATR (Average True Range) values, one based on only bullish and the other based on only bearish bars. If the current bar is positive, the negative ATR will use its last known negative bar for the calculation. You can smooth bar directions by using the Heikin Ashi setting.
Use this the same way how you would use the regular ATR indicator, but...
The objective is only to evaluate different configurations of the indicator "Follow Line MTF Any MM Average".
The strategy does not have position management, it's very basic, this indicator should be used to see trend, range zones, evaluate the best areas to enter the market, use higher time frames to confirm a direction can be useful.
I do not recommend using...
The original version uses SMA, in this new version you can choose any type of MA and time frame.
- RMA,SMA,EMA,WMA,VWMA,SMMA,KMA,TMA,HullMA,DEMA,TEMA,CTI
- 1 min, 3 min, 5 min, 15 min, 30 min, 45min, 1h, 2h, 3h, 4h, 1d, 1w, 1M
- Alerts
Combine multiple time frames, this will come in handy ¡¡¡¡
Success in your trade ¡¡¡¡
When the market is giving the signals for bullish trend, which shows the shorter period exponential(20) moving average crossing the longer period moving average(50), with a strength shown in the market i.e. RSI greater than 40.
So when all these conditions are met a buy signal is generated in output (Output of Ema cross and Rsi) having value as 1.
So a trader can...
This script is based on Angela, an RLT trading LEGEND. The green line=10ema, red=20ema. The green triangle shows up when the buy signal is triggered. This script also has a BUY ZONE alert that can be setup as well.
The objective is only to evaluate different configurations, I do not recommend using only this indicator to trade, because you can lose all your money if you do not know what you are doing.
I hope you find it useful.
Successes
The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one.
Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend).
An ATR filter can be selected to place the line at a more distance level than...
The tool counts the number of consecutive bullish or bearish candles in a row and build a distribution of those series lengths. The entire history of an instrument is used.
Available modes:
Strict Bullish ( close > open )
Bullish ( close >= open )
Strict Bearish ( close <= open )
Bearish ( close < open )
Different chart types have different...
I was reading Jesse Stine's Insider Buy Superstocks book, and one of the technical traits he mentioned of a superstock (read the book, seriously, very strongly recommended) was a breakout above the 30 weekly moving average. He goes on to mention that after breakout, the 10 WMA often acts as a support line where you can add to your position. This script is inspired...
This strategy focuses on finding a low RSI value, then targeting a low Smoothed RSI value while the price is below the low RSI in the lookback period to trigger a buy signal.
Features Take Profit, Stop Loss, and Plot Target inputs. As well as many inputs to manage how the RSI and Smoothed RSI are configured within the strategy.
Explanation of all the...
![BTCUSDT: Bull/Bear Probability [Anan]](https://s3.tradingview.com/s/S4BJxNlW_mid.png "Bull/Bear Probability [Anan]")
![BTCUSDT: [astropark] MFI divergences](https://s3.tradingview.com/x/xVYCT1G8_mid.png "[astropark] MFI divergences")
![BTCUSD: RSI and Smoothed RSI Bull Div Strategy [BigBitsIO]](https://s3.tradingview.com/n/NC603cui_mid.png "RSI and Smoothed RSI Bull Div Strategy [BigBitsIO]")
