The New Adaptive Moving Average was created by Scott Cong (Stocks and Commodities Mar 2023) and this is a companion indicator to my previous script . This indicator still works off of the same concept as before with effort vs results but this indicator takes a slightly different approach and instead defines results as the absolute difference between the closing...
At the start of each trading day (0930 EST), this indicator calculates the intraday price difference between open and close for the eight largest market cap stocks (AAPL, AMZN, GOOGLE, META, MSFT, NFLX, NVDA, and TSLA), assigns a +/-1 for each, and then plots the cumulative change. An EMA has been added for smoothing purposes that is set to 5 but can be changed. ...
The New Adaptive Moving Average was created by Scott Cong (Stocks and Commodities Mar 2023) and his idea was to focus on the Adaptive Moving Average created by Perry Kaufman and to try to improve it by introducing a concept of effort vs results. In this case the effort would be the total range of the underlying price action since each bar is essentially a war of...
This is my 1st indicator enjoy. Description of the VWAP Supply and Demand Zones indicator: This indicator uses the Volume Weighted Average Price (VWAP) to identify potential supply and demand zones in the market. The VWAP is a popular indicator that shows the average price of a security weighted by volume over a specified period of time. It can be used as a...
what is "Trend Oscillator"? it is an indicator for determining the trend. what it does? analyzes the price action by reducing it to 4 different situations. Red means strong bear, orange means bearish, yellow means weak bull and green means strong bull. It was developed to help traders who trade in the direction of the trend and its biggest promise is to simplify...
╭━━━╮ ╰╮╭╮┃ ╱┃┃┃┣╮╱╭┳━╮╭━━┳╮╭┳━━╮ ╱┃┃┃┃┃╱┃┃╭╮┫╭╮┃╰╯┃╭╮┃ ╭╯╰╯┃╰━╯┃┃┃┃╭╮┃┃┃┃╰╯┃ ╰━━━┻━╮╭┻╯╰┻╯╰┻┻┻┻━━╯ ╱╱╱╱╭━╯┃ ╱╱╱╱╰━━╯ Overview Dynamo is built to be the Swiss-knife for price-movement & strength detection, it aims to provide a holistic view of the current price across multiple dimensions. This is achieved by combining 3 very specific indicators(RSI,...
This is a simple trend trading companion indicator for Hayden's Advanced RSI, which can be found here: For best results, please be sure your oscillator and chart companion settings match. Detailed trade information & statistics can be found when hovering over any of the indicator labels. The backtesting results are not calculated the same as TradingView, and the...
Bars with positive MACD histogram value and closing above VWAP are colored, long positions should be taken in areas made of those bars. Similarly, bars with negative MACD histogram value and closing below VWAP are also colored, short positions should be taken there. This indicator by default should be a part of your trend following trading system. In the...
*Re-upload as previous attempt was removed. An attempt to create a half decent identifier of when the markets are ranging and in a state of choppiness and mean reversion - as opposed to in trending trade conditions. It's super simple logic just working on some basic price action and market structure operating on higher time frames. It uses the Donchian...
RedK TrendBeads is a super simple 3 x Moving Average Crossover Signal (Long/Short/Break) script that provides a simple and effective way for traders to identify potential trading opportunities. By combining three moving averages and only exposing a simple signal, the script helps filter out noise and focus on the trend and the trade...
The Fibonacci Step Indicator assumes irregularity in calculating a moving average. It is measured as the mean of the previous lows and highs situated at Fibonacci past periods. For example, the mean of the lows from 2, 3, 5, 8, etc. periods ago form the Fibonacci step indicator. The indicator uses the formula for the first twelve Fibonacci numbers on highs and...
█ Overview The Fair Value Gap Oscillator (Expo) is an indicator based on the concept of Fair Value Gaps. It is a momentum indicator that helps traders identify mispricings in the market over time. The indicator also incorporates volume and volatility to increase its accuracy further. The indicator can be used in both trending and range-bound markets. FVG...
RSI TREND Filter on Chart RSI scaled to fit on chart instead of oscillator, Trend Analysis is easy and Hidden Divergence is revealed using this indicator. This indicator is an aim to reduce confusing RSI Situations. The Oversold and Overbought lines help to determine the price conditions so its easy to avoid Traps. Oversold and Overbought conditions are marked...
Signals Indicator Summary This indicator allows traders to have in handy short and long signals and estimate the trend of the market. The indicator draws Long and Short signals depending on the trend analysis. The indicators also use meaningful colors for traders to be able to visually understand the graphs, such us fillings on EMAs, so the possible trend is...
Flying Dragon Trend Indicator can be used to indicate the trend on all timeframes by finetuning the input settings. The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the...
Flying Dragon Trend Strategy can be used to indicate the trend on all timeframes by finetuning the input settings. The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the...
█ Overview The Trend Tracer (Expo) indicator identifies and predicts the future market direction. The cloud is designed to make it easier to see when a market is trending in one direction or another and to help traders identify potential entry and exit points, as well as trend changes. It is a visual representation of the price's momentum, price action, and...
🎲 Overview 🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method when trend beginning, customer your BOS with 2 parameters now. 🎲 Indicator design logic 🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details. 1. use close-in EMA's...