TradingView's Technical AnalysisAll indicators used on the Technical Analysis Summary from TradingView, composed with oscillators and moving averages. Sell and strong sell will represent more indicators showing sell signals. Buy and strong buy will represent more indicators showing buy signals. A white bar will show neutral signal (don't trade). This can be good for binary options or scalping on small time frames, but also very good on higher times for forex. The signal will appear on the candle before, so wait for the new candle to appear to see what direction the signal will indicate.
التحليل الفني
Ease of Movement WatcherHere’s a handy Ease of Movement(EMV) Indicator. I tried to include detailed comments so that anyone that’s learning pine can follow along.
The Ease of Movement Indicator is a volume based oscillator that is designed to measure the ease (or movability) of price movement for a security. The EMV is a centered oscillator, meaning that values can fluctuate above and below zero.
To understand how to use and interpret the EMV Indicator, its crucial to first understand its two main calculations :
Distance Moved = ((high + low) / 2) - ((high + low ) / 2)
-This is the difference between the current period’s midpoint and the previous period’s
midpoint.
Box Ratio = (volume / 100,000) / (high - low)
-When calculating the Box Ratio, it is common to divide the volume by 100,000 for a clearer visualization of the data. However, users can choose
to modify this value with the ‘volumeDiv’ input.
The Ease of Movement Value is then pretty simple to calculate:
EMV = (Distance Moved / Box Ratio)
The indicator then plots a SMA of the previous 24 EMV Values.
Looking at the formula, we know that combining low volume with a large {high, low} range will result in a relatively small box ratio value. Thus, we know that the EMV value for that period will be higher since EMV is found by dividing the Distance Moved by the Box Ratio.
Here’s a simple guide to interpreting the EMV:
- If (EMV > 0)
then price is increasing with relative ease.
-If (EMV < 0)
then price is decreasing with relative ease.
- If high-low range is large and volume is low
then ease of movement is high.
-If high-low range is small and volume is high
then ease of movement is low.
The Chart:
-The histogram represents the Simple Moving Average of EMV Values. The default length is 24, but users can adjust this value at the inputs menu(I've
found 24 works best).
-The teal and pink dotted lines represent the standard deviation of the SMA of EMV values multiplied by 2.5.
-The histogram turns dark green when the EMV SMA is greater than the top teal dotted standard deviations line.
-The histogram turns maroon when the EMV SMA falls below the bottom pink standard deviation line.
How To Use:
Enter a long position when the most recent EMV SMA value was below the lower pink stand. dev. line and the current EMV SMA value rises above that
same pink line. That means the previous bar was maroon and the current bar is not.
If the user enables the option to show entry points, a green dot will be plotted when it is time to enter a long position.
Exit the long position when the most recent EMV SMA value was above the upper green standard deviation line and the current EMV SMA value falls
below that same line. If this is true, then the previous bar will be dark green, and the current will be light green.
If the ‘showExits’ option is enabled, then a red dot will be plotted when it is time to exit the long position.
Input Options:
- 'volumeDiv' : Integer. Used in the calculation of Box Ratio.
- 'lenSMA' : Integer. The length of the Simple Moving Average of Ease of Movement Values.
- 'showStDev' : Bool. If true, dotted green and red lines will be shown at values equal to 2.5 * standard deviation of emvSMA and -2.5 * standard deviation of
emvSMA.
- 'showEntries' and 'showExits' : Bool. If true, a green circle will be plotted at long entry points and a red circle will be plotted at long exit points.
- 'changeBgColor': Bool. If true, the background color will change to green when it is time to enter a long position and red when it is time to exit.
Alerts:
- When it is time to enter a long position, an alert with the message "EMV Tracker - Enter Long" is sent.
- When it is time to exit a long position, an alert with the message "EMV Tracker - Exit Long" is sent.
NOTE:
- I usually use this indicator to confirm signals from other indicators rather than relying on it solely.
- Most accurate signals are generated on 30 minutes with the default input values I've set in the script.
Shoot me a message if you have any ideas for modifications or questions.
~ Happy Trading ~
Average Indicators Positionsby this script you can see the average level of macd, macd-asprey, rsi, stochastic, cci, momentum, obv, DI, volume weighted macd, cmf indicators within a period. It also calculates and creates the same graph for higher time frame, so you can see average levels for current and higher time frame. you can also check it for divergence/convergence. You can use it as you wish and add/remove indicators.
Pivot Points (with Mid-Pivots)Brief Description
Pivot points are horizontal support and resistance lines placed on a price chart. They make strong levels of support and resistance because banks, financial institutions and many traders use them.
The indicator is set to the Daily Pivot Range by default (no support for weekly, monthly, quarterly, or yearly Pivots).
Indicator Settings
Show Mid-Pivots?
Show R3 and S3 levels?
Stochastic + Stochastic RSIJust a basic indicator I rigged up to help reduce screen real estate that ended up providing more insight than expected; overlays both the stochastic and stochastic RSI. While I initially made this to save space, I've begun to pick up on some interesting patterns in cryptocurrencies based on the divergence of stochastic from the stochastic RSI, and the comparison of their swing lows.
Left all settings modifiable, since this is simply a combination indicator I've left the source code open unlike other proprietary indicators I use.
Happy trading!
Austin Doyle
CTO
Crypto Playhouse
PorcupineDisplays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low)
Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles
A spike is:
A wide difference between the spike high and the highs of the preceding and succeeding days.
A close near the low of the day's range.
A substantial price advance preceding the spike's formation.
The more extreme each of these conditions, the greater the likelihood that a spike high will prove to be an important relative high or even a major top.
(inverse is true for lows, basically)
Enjoy!
Ichimoku PanOptic TM-V1Modified Ichimoku indicator with signals from PanOptic Method by User Ichimoku_Trader.
Trade Archer - Moving Averages - v1.4FTrade Archer Moving Averages has been updated!
Description:
Moving averages are one of the cornerstones to technical analysts tool box. There are several different kinds of moving averages of which the most common can be selected. Up to four moving averages may be configured and displayed with the option to show clouds between them. Additionally I have added a trend identification system that analyzes the slopes of the moving averages instead of relying on moving average cross overs for long/short signals.
Features:
- Multiple Moving Average Choices including: SMA, EMA, DEMA, TEMA, RMA, HMA, WMA, and VWMA.
- Four fully customizable MAs including length, color, and/or optional clouds between the MAs.
- Three ways to display MA trends: bar color, background and/or colored shapes.
Notes:
The default settings for the MA lengths are: 9, 19, 50, 200. MAs default to EMAs if none are selected.
If you use a blend of MAs, like SMA and EMA, you can apply the indicator again to the same chart and enable/disable the ones you want visible, their type, and trend display.
If you have any questions or need help configuring, feel free to contact me.
Good luck
Trade Archer
tradearcher@gmail.com
www.tradearcher.com
@tradearcher
Trade Archer - On balance Volume Moving Averages - v1This indicator improves upon the normal OBV indicator by including Moving Averages of OBV. Additionally clouds have been created between the MAs if desired as well as a selection of MAs and the choice of MA lengths for personal preference. Lastly it can also plot the lowest and highest values of OBV for x bars back so one can clearly see the movement of volume increasing or decreasing. For timing both price and volume, it is good to use the same MA lengths and type for both price and volume. This helps keep timing in sync and show a strong correlation between price and volume. Volume from Market Makers are the catalysts that drive the price up and down. Patience and timing are crucial for joining the volume created by the Market Makers.
If you are new to charting and technical indicators, pick up my Trade Archer - Moving Averages - v1 script as well. The defaults for both scripts have the same moving average type and lengths so timing is the same between Price and OBV moving averages.
Trade Archer - Moving Averages - v1A group of four moving averages used for price smoothing. It also creates a cloud between Fast Ma and Medfast MA, Medfast MA and Medslow MA, and Medslow MA and Slow MA. Originally only Exponential Moving Averages were available, however the option to choose SMA, EMA (default), RMA, WMA, and VWMA were added. Also added was the option to choose the source of input. If any interesting additions are added, please let me know so I can update the script.
