This indicator takes a moving average, creates an envelope, and analyzes how frequently the moving average and its deviations act as areas of support or resistance. Using this information, you can determine how strong the moving average is as a support or resistance. For example, if the 200 SMA with a 5% range and 1% buffer has an S/R ratio of 1:1.5, then the 200...
Simple script to anchor vwap to a drag and drop spot on the chart and display it as a band instead of a line. the AVAP Band displays: 1. The AVWAP using High as the source 2. The AVWAP using OHLC4 as the source 3. The AVWAP using Low as the source This is just a different way of visualising VWAP from an anchored point in time (Band vs Line)
Hi all! This script calculates and shows the volume profile for the range of a higher timeframe candle. It then shows support or resistance (/supply or demand) zones based on the volume profiles with the most volume. The defaults are just my preferred settings so feel free to play with them! Also feel free to let me know about bugs and features. I already have a...
My main goal of programming and publishing an indicator is that everyone should have the opportunity to use indicators that do not show false signals or where there is maximum practical use, so I publish this indicator: This script is an advanced variant of the Onset Trend Detector, a technical indicator for trend analysis developed by John F. Ehlers. It is based...
we are presenting you new indicator with opensource script, this indicator uses 3x EMAs and 2 supertrends. Supertrends generate SELL or BUY labels when they are both red or green, meaning uptrend or downtrend. Main idea behind this indicator is filtering supertrend labels by 3 EMAs (filter>All EMAs Aligned) or just 1 EMA 200 Only. EMA (Esxponential Moving...
This indicator detects and highlights market imbalances alongside a dashboard returning information about their frequency of occurrence and their fill percentage. Imbalances included in this script are Fair Value Gaps (FVG), Opening Gaps (OG) and Volume Imbalances (VI). Alerts are available for the occurrences of all market imbalances. Settings Imbalances...
=== Musashi-Fractal-Dimension === This tool is part of my research on the fractal nature of the markets and understanding the relation between fractal dimension and chaos theory. To take full advantage of this indicator, you need to incorporate some principles and concepts: - Traditional Technical Analysis is linear and Euclidean, which makes very...
This indicator highlights supply and demand zones. Method to detect the zones: 1.- The body of the candle is calculated and it is checked how many times it can be repeated in its highest or lowest wick. If the body of the candle is repeated N number of times (Min. Factor) in any of its wicks, it is taken as an indecision zone. 2.- The subsequent candles are...
Plots new linear regression channels from points where a previous channel is broken thus keeping the length of bars in the trend dynamic. Regression channels are useful in detecting trend changes, support and resistance levels and to trade mean reversions. Note: Setting higher values of upper and lower deviation may result in error if the price never breaks the...
Based on standard TradingView "Gaps" indicator, but modified so that the gaps are displayed until fully closed (not jus paritally like the original indicator).
About: A market regime filter is a tool used by traders and investors to identify the current state or "regime" of the market and adjust their investment strategies accordingly. This can involve identifying trends in market behavior, such as bullish or bearish trends, and using that information to make decisions about which assets to buy or sell. Market regime...
This script is an interesting take on Convergence and Divergence of Moving Averages. With the built-in MACD Indicator, you cannot make these adjustments to the settings. DESCRIPTION The top Moving Average is calculated on the High of the candle. The bottom Move Average is calculated on the Low of the candle. If the two are moving apart (Divergence), the shaded...
There are several Linear Regression indicator in the Public Library, but I don't think there is one that converts the Linear Regression (LR) curve into angle in degrees, relative to a set reference frame. Due to the large price range between tickers, creating this indicator isn't as straight forward as I originally thought. For example, given the same time period,...
This is a modification of CM_Williams_Vix_Fix indicator to include both market tops and bottoms with multi-timeframe support. The original indicator only finds market bottoms. All credits go to the original author ChrisMoody. Original script link Working: The histogram above 0 signifies the trend of market going UP and the histogram below 0 signifies the...
█ OVERVIEW The ahr999 index is very suitable for long-term value investors in Bitcoin. When the index is above 1.2, it indicates that the price of Bitcoin is rising in a bull market. When it is below 1.2, it indicates a reasonable cost averaging interval for investment. When it is below 0.45, it indicates that the price of Bitcoin is underestimated and...
MAGIC MACD ( MACD Indicator with Trend Filter and EMA Crossover confirmation and Momentum). This MACD uses Default Trading view MACD from Technical indicators library and adding a second MACD along with 3 EMA's to detect Trend and confirm MACD Signal. Eliminates usage of 3different indicators (Default MACD , MACD-2,EMA5, EMA20, EMA50) Basic IDEA. Idea is to...
This tool is using for calculating Target Value(N,V,E prices) by only clicking on a chart. There is several points which makes it better. Decrease the number of times of clicking. Calculator needs a reset button, it's like loop structure. Push the reset and function again. Plot percentages which it compare closing price and Target Value(N,V,E prices) on a...