Welcome to Pullback_Power Pullback_Power is a scalping strategy designed to capitalize on market retracements while incorporating unique dynamic features to enhance profitability. Calculation Pullback_Power purely uses moving averages to calculate both entry and exits. Exits can also be set to fixed percentages for both take profit and stop loss. How the...
Combined Indicator: Solar EMA and BWMA This custom indicator combines two popular moving average techniques, the Exponential Moving Average (EMA) and the Barycenter Weighted Moving Average (BWMA), to provide insights into market trends and potential trade opportunities. Solar EMA (Exponential Moving Average): The Solar EMA is a dynamic moving average that...
Introduction: Luxmi AI Filtered Option Scalping Signals (INDEX) is an enhanced iteration of the Luxmi AI Directional Option Buying (Long Only) indicator. It's designed for use on index charts alongside the Luxmi AI Smart Sentimeter (INDEX) indicator to enhance performance. This indicator aims to provide refined signals for option scalping strategies, optimizing...
MomentumQ Sniper Indicator The MomentumQ Sniper is an advanced Tool, designed to provide traders with multi-dimensional market insights. This indicator integrates the Moving Average Reversal Indicator (MARI), Price Countdown logic for reversal detection, and the Nadaraya-Watson Envelope (NWE) for identifying overbought and oversold conditions. Features: ...
UM-MA-DIRECTION Indicator Indicator Description The UM-MA-Direction indicator adds a few more features to a traditional Moving Average indicator. The primary difference is color change upon MA direction. The indicator is green when trending higher and red when trending lower. Additionally, a MA of the MA can be configured. This gives a smoothing effect...
Description This is a different take on the traditional RSI - Relative Strength Index. This indicator turns the RSI line green when above 50 and red when below 50 making directional changes highly visual. Additionally, an exponential Moving Average is drawn of the RSI. The EMA is green when trending higher and red when trending lower. The area between...
This Pine Script code is an indicator named "MTF_Super" (Multi-Timeframe Super) designed for TradingView. It plots exponential moving averages (EMAs) of different lengths on multiple timeframes (MTF). Users can select various time resolutions for the EMAs, such as 4 hours, 12 hours, 1 day, 1 week, 1 month, 6 months, and 3 months. The indicator calculates EMAs...
Exponential Moving Average 10/20/50/100 Indicator for 10ema, 20ema, 50ema and 100ema to better read trends and help analysis
Combining the Average Directional Index (ADX) with a 14-period Exponential Moving Average (EMA) can provide traders with a comprehensive approach to identify both the strength of a trend (through ADX) and the trend's direction (using EMA). Let's break down each component and then discuss how they can be combined: Average Directional Index (ADX): The ADX is a...
This is a strategy container . It doesn’t provide a trading strategy. What it does is provide functionality that is not readily available with standard strategy ’shells.’ More specifically, this Strategy Container enables Tradingview users to create trading strategies without knowing any Pine Script code . Furthermore, you can use most indicators on...
This script explains how an Oscillator along with Moving Average & Deviation can be used to catch "Reversal Points (Highest points above Overbought & Lowest points below Oversold)". What is an Oscillator:- An oscillator is a technical analysis tool that constructs high and low bands between two extreme values and then builds a trend indicator that fluctuates...
This indicator is designed to detect buying and selling opportunities in financial markets by tracking peak and bottom points to identify potential reversal points, providing investors with potential entry and exit signals. How It Works? Peak and Bottom Definition: The indicator calculates the highest (peak) and lowest (bottom) prices for specified periods. These...
Description: This TradingView script implements a trading strategy based on the Moving Average (GM-8), the Average Directional Index (ADX), and the second Exponential Moving Average (EMA). The strategy utilizes these indicators to identify potential buy and sell signals on the chart. Indicators: GM-8 (Moving Average 8): This indicator calculates the average...
The "Steinkopff Slope" indicator is a custom tool for TradingView designed to measure and visually represent the percentage slope of a moving average. This indicator is particularly useful for analyzing the momentum of a financial instrument by highlighting changes in the slope of the moving average. Initially, the indicator allows the user to define the length...
The BITsPIP team is super excited to share our latest trading gem with you all. We're all about diving deep and ensuring our strategies can stand the test of time. So, we invite you to join us in exploring the awesome potential of this new strategy and really put it through its pace with some deep backtesting. This isn't just another strategy; it boasts a profit...
Gaussian Price Filter Overview and History of the Gaussian Transformation The Gaussian transformation, often associated with the Gaussian (normal) distribution, is a mathematical function characteristically prominent in statistics and probability theory. The bell-shaped curve of the Gaussian function, expressing the normal distribution, is ubiquitously...
The Money Flow Dashboard is my take on trying to replicate the great and mighty Market Cipher's Money Flow and pack it into a comprehensive dashboard format with access to various timeframes. If Money Flow is king 👑, then follow the Money 💸 How to Use Money Flow Dashboard: 1. Timeframe Selection: Choose the relevant timeframes based on your trading style...
This indicator detects when 3 moving averages converge and become coiled. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements. Moving averages are considered coiled when the percent difference from each moving average to the others is less than the Coil Tolerance % input value. This indicator is unique in...