This indicator visualizes the cumulative percentage changes or returns of 30 symbols over a given period and offers a unique set of tools and data analytics for deeper insight into the performance of different assets. Multi Asset Performance indicator (also called “Spaghetti”) makes it easy to monitor the changes in Price, Open Interest, and On Balance Volume...
█ Overview The TrendCylinder is a dynamic trading indicator designed to capture trends and volatility in an asset's price. It provides a visualization of the current trend direction and upper and lower bands that adapt to volatility changes. By using this indicator, traders can identify potential breakouts or support and resistance levels. While also gauging...
DISCLAIMER: This indicator as my first ever Tradingview indicator, has been developed for my personal trading analysis, consolidating various powerful indicators that I frequently use. A number of the embedded indicators within this tool are the creations of esteemed Pine Script developers from the TradingView community. In recognition of their contributions,...
The Liquidity Concepts indicator is designed to represent the liquidity on the chart using pivot points as potential stop-losses / liquidity grabs. The indicator is facilitated by a market structure detector and pivot points to identify resting liquidity / stop-loss levels. A liquidity grab or a stop-loss hunt is when retail traders place their stop-loss orders...
The Reversal Confirmation Indicator is based on price action and looks to provide opportunities when price gets stretched. The indicator works by finding the highest and lowest points over the user selected lookback period. If price closes below the low of the highest bar or closes above the high of the lowest bar a possible reversion to the mean may occur and...
The Supertrend Targets indicator combines the concepts of trend-following with dynamic volatility-based target levels. It takes core simple and classical concepts and provides actionable insights. The core of this indicator revolves around the "Supertrend" algorithm, which essentially uses the Average True Range (ATR) and a multiplier to determine if the price...
█ Overview The Grid by Volatility is designed to provide a dynamic grid overlay on your price chart. This grid is calculated based on the volatility and adjusts in real-time as market conditions change. The indicator uses Standard Deviation to determine volatility and is useful for traders looking to understand price volatility patterns, determine potential...
This indicator overlays a heatmap on the price chart, providing a detailed representation of Bollinger bands' profile. It offers insights into the price's behavior relative to these bands. There are two visualization styles to choose from: the Volume Profile and the Z-Score method. Features Volume Profile: This method illustrates how the price interacts...
█ Overview The Predictive Trend and Structure indicator is designed for traders seeking to identify future trend directions and interruptions in trend continuation. This indicator is unique because it employs standard deviation to predict upcoming trend directions and potential trend continuation levels. This enables traders to stay ahead of the market. ...
The VWAP Divergence indicator aims to find divergences between price action and the VWAP indicator. It uses filters to filter out many of the false divergences and alert high quality, accurate signals. Red dots above the candle represent bearish divergences, while green dots below the candle represent bullish divergences. The main filter for divergences...
There are two bands calculated with the ATR and I added "Smoothing" into the script. Smoothing ATR with multiplier can display two bands above and below the price. We can ONLY find some ATR bands in Community Scripts with "Basic" setting which is used to set Stop Loss. And yet , Smoothing ATR with multiplier is capable of making traders manifestly recognize...
The traditional calculation of volatility involves computing the standard deviation of returns, which is based on the mean return. However, when the asset price exhibits a trending behavior, the mean return could be significantly different from zero, and changing the length of the time window used for the calculation could result in artificially high volatility...
The volatility indicator (Volatility) is used to measure the magnitude and instability of price changes in financial markets or a specific asset. This thing is usually used to assess how risky the market is. The higher the volatility, the greater the fluctuation in asset prices, but brother, the risk is also relatively high! Here are some related terms and...
The Volatility Quality Index (VQI) is an indicator used to measure the quality of market volatility. Volatility refers to the extent of price changes in the market. VQI helps traders assess market stability and risk levels by analyzing price volatility. This introduction may be a bit abstract, so let me help you understand it with a comparative metaphor if you're...
Hi, This is a multiband indicator that shows you liquid support and resistance ranges based on growing offsets and growing ATR channels. In the end, when setup well, you can make, based on historical observations, estimates of how traders will react, maybe identical again. How to use: Setup: Activate the two checkboxes for centerline and All_Lines Start with...
Discover the power of the Turtle Trade Channels Indicator (TUTCI), an innovative tool that integrates the time-tested principles of the legendary Turtle Trade system. This groundbreaking system shattered the belief that successful traders are born, not made, by transforming ordinary individuals into profitable traders. The Turtle Trade Experiment, which achieved...
The Bollinger Bands Heatmap (BBH) Indicator provides a unique visualization of Bollinger Bands by displaying the full distribution of prices as a heatmap overlaying your price chart. Unlike traditional Bollinger Bands, which plot the mean and standard deviation as lines, BBH illustrates the entire statistical distribution of prices based on a normal distribution...
Hey there! I previously wrote an article about the Larry Williams ViX Fix technical indicator. Soon after, friends from the TradingView community told me that this indicator could be combined with the Risk Assessment indicator I wrote about earlier to determine when to go long or short. At the time, I found it a bit cumbersome to use both indicators together, so I...