The script shows historical pocket pivots, much as other scripts with a green diamond shape on the volume pane. When the market is open, the current bar, however, is extrapolated to the end of the day using a sixth-order polynomial. Thus real-time pocket pivots are shown. To work properly, the user must input a time-zone offset parameter; the default is west coast...
Library "MovingAveragesProxy" Moving Averages Proxy - Library of all moving averages spread out in different libraries rvwap(_src, fixedTfInput, minsInput, hoursInput, daysInput, minBarsInput) Calculates the Rolling VWAP (customized VWAP developed by the team of TradingView) Parameters: _src : (float) Source. Default: close fixedTfInput :...
The purpose of this tool is to help the trader determine a safe stop loss price and take profit which dynamically changes due to ATR (Average True Range) This tool uses the concept of ATR (Average True Range) Risk Reward Ratio (Money Management method) How is ATR Stop Loss and Take Profit Finder working Step 1 ) Tool will calculate TR(True...
Script is based on weekly time Frame. Fib ratios are drawn at the Open of the Market. Open price is compared with Previous week High , low and close. If weekly open is above Previous week high or low, Fib 0 % is plotted above High or the low as the case may be . If weekly open is between previous week high and low Fib 0% is equal to previous week Close and other...
The Squeeze Index aims to measure the action of price being squeezed, and is expressed as a percentage, with higher values suggesting prices are subject to a higher degree of compression. Settings Convergence Factor: Convergence factor of exponential envelopes. Length: Period of the indicator. Src: Source input of the indicator. Usage Prices being...
This is a multiple multi-timeframe version of famous supertrernd only with Heikin Ashi as source. Atr which stands in the heart of supertrend is calculated based on heikin-ashi bars which omits a great deal of noises. with 6 multiplication of the supertrend, its simply much easier to spot trend direction or use it as trailing stop with several levels available....
This indicator indicates the Pre-Forex Market Killzones studied by our mentors at MTA Concepts. High volatility areas where you can take advantage of a great advantage when trading intraday. Killzone: A killzone is an area, a time interval where there is high volatility and coincides with market pre-openings. We have divided the Killzones into 3: -London...
This script backtested some stocks, it's giving soft buy and strong buy signals, I am using Bollinger band and 200 EMA, Strong Buy :- If price is above 200 ema and cross over 10d ema and sma setup with BB, Buy :- If price is below 200 ema and cross over 10d ema and sma setup with BB, Strong Sell :- If price is below 200 ema and cross over ema and sma with...
This is simple Highest high and Lowest low strategy. Buy when break HH+offset Sell when break LL+offset Offset = (HH-LL)/2
Library "TA" General technical analysis functions div_bull(pS, iS, cp_length_after, cp_length_before, pivot_length, lookback, no_broken, pW, iW, hidW, regW) Test for bullish divergence Parameters: pS : Price series (float) iS : Indicator series (float) cp_length_after : Bars after current (divergent) pivot low to be considered a valid...
Library "Algebra" Algebra functions. line_fromXy(x1, y1, x2, y2) Get line slope and y-intercept from coordinates Parameters: x1 : x coordinate 1 (int - bar index) y1 : y coordinate 1 (float - price/value) x2 : x coordinate 2 (int - bar index) y2 : y coordinate 2 (float - price/value) Returns: of line line_getPrice(x, slope,...
(My goal creating this indicator) : Provide a way to categorize and label key structures on multiple time frames so I can create a plan based on those observable facts. The Underlying Concept / What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend...
The Moving Average Channel (MAC) is a concept developed by Jake Bernstein, Speaker at Wealth365®, where the 10 period SMA of the High and the 8 period SMA of the Low are plotted to create a channel. As the channel begins expanding, the current trend is getting stronger. However, when the expansion is too large, the trend may make a pullback to the channel (upper...
Hi guys, If you are looking to add some watermark into your charts. You can use this indicator. You can add add a title and a subtitle, if you want to write in diferents lines, you can use \n as you can see in the script. All the features are customizable: position, text size, text color, background. Enjoy it.
I like to share my ALL-IN-ONE script to help you understand trendlines, overbought/sold, unified EMA, Volume trades, Chopiness index and my favourite Fibonacci. It looks a bit messy but you will get used to it.
EN: Close Open Estimation ( aka COE ) is a very simple swing-trading indicator based on even simpler idea. This indicator is from my educational series, which means that I just want to share with another way to look at the market in order to broaden your knowledge . Idea : Let's take n previous bars and make a sum a of close - open -values of each bar....
Library "Console" █ OVERVIEW An easy way to output messages to a console like table using a a simple "print" function that can be called from anywhere in your code including functions. █ Supports: - Scrollable console messages - Customisable number of displayed messages - More than one "console" for different types of output if...
// Conversion Range Candles // Compares price action range with that of the value currency (e.g. ETHBTC compared to BTCUSD). // Public Domain // by JollyWizard