What is it? This indicator will plot the RSI of BTC with a red or green background based on the top and bottom values which you can set. How to use it? For example, you want to trade only if the RSI of BTC is between 50 and 70, so the top value is 70 and bottom is 50. If the RSI value between those values the background will be green, else it will be red. ...
This is the indicator I am most proud of. After reading Glenn Neely's book "Mastering Eliott Waves" / "Neowave" and chatting with @timwest who got acknowledged by Neely, we came up with the idea of an moving average which does calculate the real average price since a trend started. Addionally I adapted a method from Neely Neowave and Tim Wests TimeAtMode to not...
Split any 24-hour session into 3 segments to determine range statistics and midpoints. Ideal for futures traders to analyze the overnight sessions (Asia and Europe). Also great for splitting the day session into different parts (initial balance, mid-day, closing power-hour). Customize colors and names of sessions along with 50% and 25% midpoints.
Is a tool used to determine market reversals, this tool is built of RSI and Moving Averages. Main aim of this tool is to help make market analysis easier by catching market reversal zones and alerting traders and investors about the market reversing and whether they should buy or sell. What the tool do - The tool catches market reversals - The tool draw new...
trade balance volume can show in under the chart. Trade balance, also known as the balance of trade, is a measure of a country's exports minus its imports. A trade deficit occurs when a country imports more goods and services than it exports, while a trade surplus occurs when a country exports more than it imports. The trade balance can be shown in a chart as a...
RSI Dashboard Monitor is indicator for scanner Relative Strength Index ( RSI ) for 4 symbols and 10 Timeframe, detached from the main chart. You can choose to display all 4 symbols or just 1 symbol, also can choose resolution (TF). Still, these 10 timeframes should be enough to use. Default is set to 14 but you can modify it from settings. How it work?? RSI >=...
Introduction: In this script, we will be creating an indicator called "Momentum Sparkler" that plots lines on the chart to visualize the momentum of the given source. Explanation: First, we define the input "Source" as the source for the data to be plotted, and the input "Length" as an integer determining the number of lines to plot. We then create an array...
This is my second implementation of a Pine Script Quickfingers Luc (QFL) base scanner that I have published on Trading View. QFL base scanners seek to provide buy signals according to the QFL trading strategy. To profitably trade using this script you should be familiar with the QFL trading strategy, scaling in and out of positions, and money risk...
Hello everyone! I am releasing my Intra-day expected move plotter indicator. About the indicator: This indicator looks at 3 differing time frames, the 15, 30 and 60 minute time frames. It calculates the average move from high to low over the past 5 candle period and then plots out the expected move based on that average. It also attempts to determine the...
Cuban's Quick Action Channel Cuban's Quick Action Channel, is an indicator designed to predict likely areas of price reversion, using a tighter channel mechanism with a lower time preference in comparison to Cuban's Reversion Bands. It has been developed through extensive research and development over the last two years and has evolved into a tool that can...
Introduction: In this script, we will be creating an indicator that plots horizontal lines on the chart for each unique price in a given range, and colors them based on the volume of that price. Explanation: First, we define the input "Length" as an integer. This will determine the number of bars back from the current bar to include in the range. We then...
This indicator is based on the trading formation Higher high and Higher low. It dynamically displays the current price above the bar on a label. Features: • If the current price is lower than the previous high the label color will dim. • If the current price is lower than the previous low the price figure will turn red. • Completely customizable • ...
Live P&L for multiple stocks, currencies, crypto and commodities can now be tracked for your favorite scripts, pair trading etc. This indicator gives provision to add up to 3 stocks/futures/currency with Buy and Sell, Quantity (can be lot size or any other) and Entry Price and set as default so that every time you put back this indicator you can monitor the live...
This is a personal experimental stabilizer , which utilizes multitiered highest and lowest levels to hold an average with historical levels where the source value has a bias direction. Settings Smoothing ema length Lines count for additional passes (forming a pseudo ribbon) User choice of 2 colors to fade between Bias choice input to either follow a...
Cuban's Reversion Bands V2 Cubans Reversion Bands, are a great indication of price overextension by using specified standard deviations, extended from a moving average basis line, the Volume Weighted Average Trend. Reversion Bands V2 builds off the original foundation in a big way but utilizes completely new band logic and a more stable basis line, the...
This module can be integrate in your code strategy or indicator and will help you to calculate the percentage probability on specific event inside your strategy. The main goal is improve and simplify the workflow if you are trying to build a quantitative strategy or indicator based on statistics or reinforcement model. Logic The script made a simulation inside...
Hello, folks. Sorry for not posting anything for a long time, just busy with my university studies for the moment. Quick script for today — Smooth Step. You can search for it in Wikipedia, but saying shortly and informatively, this is just an advanced type of oscillator, used as momentum indicator. In the codes across the Internet everybody uses the 3rd order...