💎 GENERAL OVERVIEW Introducing our new ORB Algo indicator! ORB stands for "Opening Range Breakout" which is a common trading strategy. The indicator can analyze the market trend in the current session and give "Buy / Sell", "Take Profit" and "Stop Loss" signals. For more information about the analyzing process of the indicator, you can read "How Does It Work ?"...
Updated GUNZO's Trend Sniper script by adding in different MA types to choose from. This can help reduce false signals and sharpen the trend reversal points. Here's a summary of the key changes: 1. Multiple Moving Average Types: The original script was focused solely on the Weighted Moving Average (WMA) with a coefficient. The updated script introduces...
Instant RSI is tailored for users seeking an effective RSI indicator for charts with limited historical data, such as new symbols or very high time frame charts. Its distinctiveness lies in employing a Chebyshev filter, an innovative approach that allows the RSI to initiate calculations with just two data points. The Chebyshev filter, traditionally used in signal...
This indicator allows users to create their own arbitrary time frames for chart analysis. It features a moving average, providing an additional layer of analysis, and offers flexibility through various open settings. In terms of user settings and usage, the indicator provides several options. Users can choose their interval style, opting for either tick-based or...
This is a simple volatility-breakout strategy which uses the difference in two different zero-lag* EMAs (explained below on what exactly I mean by this) to track the upwards or downwards strength of an instrument. When the difference breaks above a Bollinger Band of a configurable standard deviation multiple, the strategy enters based off the direction of the...
This is a more configurable MACD: Allows various moving averages (EMA, SMA, Hull, WMA) instead of just EMA. Better color coding for MACD line, rising vs. falling Optional Normalised Scale; my pet peeve with standard MACD, that we can't really easily compare it across instruments. Taking a page from the ATR Percent indicator, we allow for normalising the...
PlayBit EMA Indicator Introducing the PlayBit EMA, a highly esteemed technical analysis tool within the PlayBit Community and a personal favorite of Bitcoin Playboy. This indicator has cemented its place as a staple among traders for its simplicity and effectiveness. Key Features: PB EMA: Utilizes two Exponential Moving Averages (EMAs) to identify support and...
The CARNAC Elasticity Indicator (EI) is a technical analysis tool designed for traders and investors using TradingView. It calculates the percentage deviation of the current price from an Exponential Moving Average (EMA) and helps traders identify potential overbought and oversold conditions in a financial instrument. Key Features: EMA Length: Users can...
Sigmoidal Candle Count Risk (SCCR) This indicator is designed to identify potential reversal levels based on the number of consecutive candles moving in the same direction. Its core premise is based on the sequence of consecutive candles moving in uniform. The assumption is that an increasing sequence of consecutive candles heightens the likelihood of a...
This indicator aims to be complimentary to SPDR Tracker , but I've adjusted the name as I've been able to utilize the "INDEX" data provider to support essentially every US market. This is a breadth market internal indicator that allows quick review of strength given the 5, 20, 50, 100, 150 and 200 simple moving averages. Each can be toggled to build whatever...
The Flash-Strategy (Momentum-RSI, EMA-crossover, ATR) with Minervini Stage Analysis Qualifier Introduction Welcome to a comprehensive guide on a cutting-edge trading strategy I've developed, designed for the modern trader seeking an edge in today's dynamic markets. This strategy, which I've honed through my years of experience in the trading arena, stands out...
The "Mean Reversion with Incremental Entry" strategy, designed by HedgerLabs, is an advanced TradingView strategy script focusing on the mean reversion technique in financial markets. This strategy is engineered for traders who prefer a systematic approach with an emphasis on incremental entries based on price movements relative to a moving average. Key...
The "Mean Reversion with Incremental Entry Alerts" is a sophisticated TradingView indicator designed by HedgerLabs. It's built on the concept of mean reversion, a fundamental trading strategy in financial markets. This indicator is tailored for traders seeking systematic and disciplined entry points in volatile markets. Key Features: Moving Average (MA) Based:...
A less conventional way of utilizing the "Williams Alligator," the Optimized Rate uses the rate of change of the averages within the Alligator in order to potentially forecast with greater accuracy. The true optimization comes from the calculation of the "McGinley Dynamic" to create zero lag smoothed moving averages. It's important to note the standard Alligator...
Hi Traders ! What is the Z score: The Z score measures a values variability factor from the mean, this value is denoted by z and is interpreted as the number of standard deviations from the mean. The Z score is often applied to the normal distribution to “standardize” the values; this makes comparison of normally distributed random variables with different...
Identify excess zones resulting in market reversals by visualizing price deviations from an average. The Excess Index (BEI) is designed to identify excess zones resulting in reversals, based on price deviations from a moving average. This moving average is fully customizable (type, period to be taken into account, etc.). This indicator also multiplies the moving...
This script shows the average SMA direction of each of the majors and crosses when compared to each other. The more blocks to the right the stronger the currency on that timeframe. The more blocks to the left the weaker the currency. I'm finding it useful to quickly know the average flow of movement for each currency on the higher timeframes and then focus on...
The Dynamic 9 EMA Trailing Stop-Loss Indicator is a specialized tool designed for the TradingView community to enhance risk management in trading. This script dynamically adjusts a trailing stop-loss level based on the position of the price relative to a 9-period Exponential Moving Average (EMA), offering traders a systematic approach to protect potential profits...