This is my enhanced volume monitor using Pine Script version 4.0 freely available to ALL! It's very much like the built-in TV volume monitor displayed in the overlay chart, but it isn't dockable like TV's, sorry. Maybe one day they will find it in thier hearts to adopt this script for thier built-in replacement. I would gladly do so and already offered it...
This indicator can have a wide variety of usages, and since it is based on exponential averaging then the whole indicator can be made adaptive, thus ending up with a really promising tool. This indicator who can both smooth price and act as a trailing stop depending on user preferences, i tried to make it as reactive, stable and efficient as...
This script was cannibalized by another member on here (Kudos given in Script). I trimmed down the script and created this to give a visual representation of the changing slope on exponential moving averages.
The 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective.
It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...
The Elder's Force Index is an oscillator that takes into account the change of the price combined with the volume:
EFI = (close of the current day - close of the previous day) * volume of the current day
If measure the force of the price change.
If you calculate the exponential moving average of the last two days to smooth the signal EMA(EFI,2), you have a...
There is a lot of indicators similar to this one, however i think this one don't share the same calculation method and this is why i share it. This indicator aim to forecast price direction using an exponential filter architecture using highest and lowest information for the estimation of a smoothing variable. This filter is similar to the average...
//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI
//1. Bearish Three Line Strike +Up 67.38%
//2. Bullish Three Line Strike -Down 65.23%
//3. Bearish Three Black Crows -Down 59.83%
//4. Bearish Evening Star -Down 55.85%
//5. Bullish Upside Tasuki Gap +Up 54.44%
//6. Bullish Inverted Hammer -Down 51.73%
//7. Bullish Matching Low -Down 50.00%
TradingCryptoCourse On Balance Volume Oscilator.
I have added colors to this custom On Balance Volume indicator. Above zero its is green, below zero it is red.
I have also added a 5 period SMA to the OBV to smooth out the movement.
My custom indicators are FREE for all.
These are very powerful tools, if used correctly.
Feel free to add them to your trading...