It plots the ratio between the MA of 100 periods and the MA of 200 periods. It can be used to observe volatility and market peaks and lows. The change in concavity of the function indicates the peak or the low rather than the peaks and lows of the plot itself.
Another attempt on making use of CM-Williams-Vix-Fix-Finds-Market-Bottoms from Chris Moody - which is arguably one of the best indicator available on pine and tradingview platform. Every time I revisit this, I get new ideas on applying this method. I have slightly altered formula to highest(source)-source/highest(source) from the original formula ...
Anchored Percentages SpaceManBTC This indicator is a successor to Percentage Values SpaceManBTC. As opposed to anchoring via user selection on chart, the user can choose common anchor points related to typical important Price Action levels such as: Daily, Weekly, Monthly. And choose point of interest such as the Open for weekly open, or high,low, close... The...
Using one indicator as the core for another one to improve certain aspects while offering an alternative user interaction can be very interesting in technical analysis. This indicator is a modification of the popular Ichimoku indicator using the equally popular Supertrend indicator as its core, thus no longer entirely relying on calculations done over a fixed...
This is a full set of lines and labels for multi timeframe supertrend based ATRs that match the table in the Supertrend ATR Table indicator. Each line and label can be individually switched on or off. The labels have a default offset of -12 so they appear just to the right of the last bar but this is user configurable by input and so is the size of each...
This is a multi timeframe table that shows a supertrend based ATR for timeframes from 5 minutes to monthly. It is one half of a set of two indicators. This one is the table and the other one, Supertrend Lines Labels Full Set plots lines and labels. The table is arranged left to right from shortest to highest timeframe There are also alerts for each timeframe ATR...
EMA of intrabar-volatility-weighted price change minus EMA of price change. It puts more weights on candles that have large volatility inside, and assumes that the direction of those high-volatility candles are more meaningful than low-volatility ones. Therefore, we take the difference between the volatility-weighted price change and the regular price change and...
A different approach to SuperTrend: adding 100 periods Exponential Moving Average in calculation of SuperTrend and also 0.5 ATR Multiplier to have a clear view of the ongoing trend and also provides significant Supports and Resistances. Default Moving Average type set as EMA (Exponential Moving Average) but users can choose from 11 different Moving Average...
█ OVERVIEW This indicator shows bullish and bearish reversal signal candles. It finds the candles with extreme volatility and marks the candles with high probability for a reversal of the trend. █ CONCEPT This indicator uses the Bollinger Bands to mark the candles with high selling/buying pressure. Bollinger Bands consist of three bands total: an upper band,...
This is a indicator based on the DI+ and DI- Indicators, that are usually used to measure the strength of a trend. It works by taking the difference between the DI lines. If the DI+ is higher than the DI-, the indicator will be green and it's value will be the difference between them; if the DI- is higher than the DI-, the indicator will be red and the value will...
Programmed this tool to help prevent overtrading. Example of application: Suppose you want to trade ETHUSDT on a 1 minute chart and you are only willing to risk $10 in one single trade. This way, if you get stopped out, then you will only lose $10. Say you are using ATR based stop loss at 2x current ATR to set the initial stop. All these variables are now...
“KCGmut” stands for “Mutations Of Keltner Center Of Gravity Channel”. After adding the ‘KeltCOG Width’ label to the KeltCOG, I got the idea of creating a subpanel indicator to show the development of the width-percent in previous periods. After some more thinking, I decided that the development of the COG-width-percent should also be reported and somehow the...
This simple script indicate the potential flat market zones, calculated based on the Bollinger Bands width. It's showing the Bollinger Bands in red when the market is detected as flat. You can adjust the Width Threshold with precision on the inputs settings. Enjoy :)
Inspired by the Volatility Index from Wilder Apply the SAR point to highs, lows ans medians and create a cloud of volatility
This script takes the built in VWAP function and creates bands using various Volatility Indexes from the CBOE. The script plots the bands at desired multiples, as well as the closing value of the prior day's first set of bands. Users can choose from the following: VIX(ES), VXN(NQ), RVX(RTY), OVX(CL), GVX(GC), SIV(ZS), CIV(ZC), TYVIX(ZN), EUVIX(EURUSD),...
Divergence Energy Pro acts as an trend & volatility indicator calculated by combination of Moving Average data. The Green bar indicates bullish energy, while the Red bar indicates bearish energy. The length of the colour (red/green) bar indicates the energy's strength/momentum. When the fisrt or second Green bar above the Zero Axis 💚 and MA line represents a...
The Relative Strength Volatility Adjusted Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Mar 2022) and this is his final indicator of his recent Relative Strength series. I published both of the previous indicators, Relative Strength Volume Adjusted Exponential Moving Average and Relative Strength Exponential Moving Average...
ZScore Dashboard by FXBABA First of all I would like to give credits and thanks to QuantNomad for providing source code for the creation of Dashboards. This Dashboard allows traders to see the Zscore value of up to 6 different averages (5,10,20,50,100,200) and up to 40 different symbols. Depending on your screen size you might be able to fit them all on one...