This indicator helps avoid chasing extended stocks by showing every time a stock is too far extended from a selected moving average.
Features:
✔️ selectable moving average and source (high, low, close)
✔️ choose to plot or hide the moving average
✔️ selectable distance to be considered too extended
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.
Our fourth one we are automating is one of the strategies from "I Found The Best 1...
HTF Tool 2: Because the previous version was removed for being too powerful.
HTF Tool allows Users to display Higher Timeframe(HTF) Candles on their Chart with retracement lines drawn from the (High/Low) range of the HTF candle, as well as a live HTF MA.
This indicator perfectly handles Requested data to display a non-lagging HTF Moving Average(MA) by bridging a...
Signals Indicator
Summary
This indicator allows traders to have in handy short and long signals and estimate the trend of the market.
The indicator draws Long and Short signals depending on the trend analysis. The indicators also use meaningful colors for traders to be able to visually understand the graphs, such us fillings on EMAs, so the possible trend is...
This script is created to check cross of two EMAs after their DEMA cross (for Nifty and BankNifty). It also has an option to show the cross as it happens in the 30 min timeframe on the lower timeframe chart.
Pls Note - This is for study purpose only and one shouldn't open a trade based on the cross. This script was created keeping 15 min timeframe as the default....
Idea:
This script combines: Parabolic SAR, Stochastic RSI and MA
SAR is used to determine the price direction of an asset, as well as draw attention to when the price direction is changing.
Combine Stochastic RSI to point out the strength of the SAR signals.(Of course the setting for Stochastic RSI in this script is customized).
Then using MA to calculate and...
The 3 EMA Shakeout is Matt Caruso's twist on the undercut and rally.
3 main criteria for this set up:
✅The stock undercuts a previous low
✅The stock then has 3 days to close above the 3 exponential moving average
✅An entry triggers the next day if the stock moves above the high of the day that closed above the 3ema
This indicator captures all three criteria...
█ OVERVIEW
MATHR3E RAMP-MA (R-MA) is a trend following indicator.
█ CONCEPTS
Disclaimer:
MATHR3E RAMP-MA indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor.
It was originally developed by a renowned market analyst and documented in numerous books. Among them is the author Jason Perl.
It...
dear fellows,
this indicator is yet another representation of S&P 500 industry sectors.
it is inspired by mr. stanley drukenmiller who in an interview mentioned that he knows no better market forecaster than the inside of the sp500 itself, which are its industry sectors.
thus, we have been for a while thinking on how to represent the performance of these sectors...
Cosmic Rays Lite ( CR Lite ) draws dynamic non-repainting trendlines and helps
⭐ see small and large trends
⭐ predict reversals with high accuracy
⭐ spot bullish and bearish breakouts
⭐ time the end of breakouts
👀 HOW IT WORKS
Cosmic Rays Lite compresses 14 moving averages of varying type and length into 7 plots and filters those down into the closest...
The Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View.
The components are:
- EMA9 - Exponential Moving Average of 9 days
- EMA21 - Exponential Moving Average of 21 days
- EMA50 - Exponential Moving Average of 50 days
- EMA200 -...
Volatility Weighted Moving Average (VAWMA) :
The Volatility Weighted Moving Average is a short and long term trend filter that weightes asset price buy "volatility significance" (percentages of total volatility over specified period) unlike that of the WMA which formulates an average based on the product of asset price and a deceding period significance . The...
This indicator is based on ema band....
condition for buy =>
1) price should crossover ema band
2) price pullback on ema band but price should not close below lower band
3)after pullback green candle should close above ema band
4)check candle size when its crossing ema band
5)check previous canlde 7 should not touching cloud so (we can reduce range...
This indicator identifies divergence between NYSE TICK and price, displays TICK in line, bar, or Heikin Ashi format, calculates various types of moving average lines and shows moving average crossovers.
What is TICK
NYSE TICK, also known as the TICK index, is a technical analysis indicator that shows the number of stocks on the New York Stock Exchange (NYSE)...
Plots the first time the close price is above or below the colored portion of the chosen MA. The MA's formula is from TradeStation's indicator: "Colored Moving Averages Can Help You Spot Trends" . I modified that indicator with customizations that include: Buy and Sell signals. Each time the current bar closes above the MA, while it's red (bearish), there's a...
Flying Dragon Trend Indicator can be used to indicate the trend on all timeframes by finetuning the input settings.
The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the...
Flying Dragon Trend Strategy can be used to indicate the trend on all timeframes by finetuning the input settings.
The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the...
The Multi SMI Ergodic Oscillator (Multi SMIEO) indicator can be used to identify potential buy and sell signals based on the relationship between the TSI and EMA lines.
The script is creating an indicator that plots multiple (3) sets of Time Series Indicator (TSI-Indicator) and Exponential Moving Average (EMA-Signal) lines as a single indicator.
The TSI is a...
![SOLUSD: Strategy Myth-Busting #4 - LSMA+HULL Crossover - [MYN]](https://s3.tradingview.com/8/8JJIgOHg_mid.png "Strategy Myth-Busting #4 - LSMA+HULL Crossover - [MYN]")
![SPY: TICK Divergence + Heikin Ashi [Pt]](https://s3.tradingview.com/z/zOQNkPHO_mid.png "TICK Divergence + Heikin Ashi [Pt]")
![SPY: Colored Moving Averages With Close Signals[Whvntr][TradeStation]](https://s3.tradingview.com/h/H0Qaqo7V_mid.png "Colored Moving Averages With Close Signals[Whvntr][TradeStation]")
