An indicator that calculates click (price change), percentage change, and Z-score changes while displaying outliers based on defined ranges. Outlier Detection: Mark outliers (for price, percentage, Z-score) based on user-defined thresholds. For example, any price movement exceeding a certain Z-score or percentage change could be marked as an outlier and...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- This is an indicator that shows monthly bull-bear ratio in a table. By specifying the start year and end year, the ratio will be calculated and showed based on the number of bullish and bearish lines in the monthly bar. It allows you to analyze the trend of each symbol and month (bullish / bearish). Up to...
Indicator: SMA, VWAP with First Buy/Sell Signals Overview: This indicator plots two Simple Moving Averages (SMA 20 and SMA 200) and the Volume-Weighted Average Price (VWAP) on the chart, with fully customizable colors and line thickness. Additionally, it provides buy and sell signals based on the price action relative to these indicators. Buy Signal: A buy signal...
Indicator Overview: This indicator allows you to draw a series of horizontal lines starting from a specified price level. You can define the number of lines and the interval between them. The lines are drawn between two selected dates, starting from a user-defined date and time. To set the starting point, you select the desired day at 00:00 hours. For example, if...
The BULL TRADE ZONE INDICATOR is a powerful trading tool designed to help traders identify optimal entry and exit points in the market. This script uses a combination of two Exponential Moving Averages (EMA) and the Average True Range (ATR) to generate buy and sell signals, making it ideal for traders looking to enhance their trading strategy with precise and...
This script aims to detect the Outside Candle pattern, which is a candle that has a higher high and a lower low compared to the previous candle.
a combination of my fav indicators. this indicator combines elements of trend detection, volume and volume history to create buy and sell signal for both short-term and long-term trades.
2x ATR Horizontal Rays Indicator This script plots horizontal rays based on the 2x ATR (Average True Range) of the previous candle. It helps traders visualize key support and resistance levels by extending lines from the last candle's price, calculated with a 2x ATR multiplier. The indicator draws two lines: Upper ATR Line: Positioned above the previous candle’s...
The VWAP with Trend Alerts indicator is designed to provide a comprehensive visual and analytical tool for traders using the Volume Weighted Average Price (VWAP) along with additional features like custom bar coloring and trend-based signal alerts. Key Components and Functionalities: 1. VWAP Calculation: The core of this indicator is the VWAP, which represents...
Dual Channel System The indicator incorporates two Donchian Channels - the Inner Channel and the Outer Channel. These channels are adjustable, allowing users to define their lengths according to their trading strategy. Inner Channel: With a default length of 100 periods, the Inner Channel provides a closer view of market trends and potential support and...
In simple terms, this indicator colors your chart bars based on the VIX levels. We know that high volatility is unstainable and will naturally regress to a calmer market, therefore highlighting the bars where VIX is at extreme highs can sometimes indicate a market turning point. Consider pairing this indicator with my VIX Heatmap indicator for a complete picture...
**Multi-Length RSI Indicator** This script creates a custom Relative Strength Index (RSI) indicator with the ability to plot three different RSI lengths on the same chart, allowing traders to analyze momentum across various timeframes simultaneously. The script also includes features to enhance visual clarity and usability. **Key Features:** 1. **Customizable...
This trading strategy uses the Relative Strength Index (RSI) and a Stop-Loss mechanism to make trading decisions. Here’s a breakdown of how it works: RSI Calculation: The RSI is calculated based on the user-defined length (rsi_length). This is a momentum oscillator that measures the speed and change of price movements. Buy Condition: The...
Description: This custom Pine Script indicator is designed to help traders identify optimal buy signals using a combination of multiple technical indicators. It provides visual markers for entry points, take profit levels, and stop loss, offering a comprehensive tool for decision-making. Features: Buy Signal: Generates a buy signal based on a combination of...
Dynamic Support, Resistance & Fibonacci Levels by Reza This Pine Script indicator dynamically calculates and plots significant support and resistance levels, along with key Fibonacci retracement levels, based on recent price action. It provides traders with essential tools to identify crucial levels on the chart that may influence future price movements. Key...
Description: The VWAP and 20 MA Crossover Indicator is a powerful trading tool designed to capitalize on trend reversals and momentum shifts. This indicator overlays two key technical analysis tools on the price chart: the Volume Weighted Average Price (VWAP) and the 20-period Moving Average (MA). Functionality: VWAP: Represents the average price a security has...
This strategy is based on a Proxy Financial Stress Index constructed using several key financial indicators. The strategy goes long when the financial stress index crosses below a user-defined threshold, signaling a potential reduction in market stress. Once a position is opened, it is held for a predetermined number of bars (periods), after which it is...
ADV_RSI - Advanced Relative Strength Index Description: The ADV_RSI indicator is an advanced and mutated version of the classic Relative Strength Index (RSI), enhanced with multiple moving averages and a dynamic color-coding system. It provides traders with deeper insights into market momentum and potential trend reversals by incorporating two different moving...