What is this The volatility rainbow tracks divergences in a security and its volatility index. This can be used to identify periods of heightened implied (future) risk. About Volatility The volatility is calculated by looking at put / call ratios. When VIX goes up it means that puts are outpacing calls. This is a bearish signal. About Correlation When the...
This started as a personal arrays study, but after a few tests I decided to made a framework to get my own scripts simplest, lighter and faster. And now I'm sharing with you guys. Is very simple to use: Copy evething inside "RK's Auto Color Gradient Framework" block; Paste anywhere before the plotting; Declare the color variable name calling the...
This is an overlay indicator showing a strong potential for entry into an option spread trade. 2 background shadings will occur: The background will shade blue if the ticker is prime for a Bullish Call spread. The background will shade purple if the the ticker is prime for a Bearish Put spread. In theory, if the SE Strength is at one of the extremes of the Bear...
This is a bar chart showing the strength of a potential option spread entry using 8 conditions for each side of a trade, bull or bear. In theory, if the SE Strength (Spread Entry Strength) is at one of the extremes of the Bear or Bull side, then a spread is prime for entry. To calculate this, the 8 conditions receive a 1 or zero dependent on whether the...
This is the combination of code to detect the cross over between EMA 7 & EMA 21. By using the double Bollinger Bands will help traders to make the decision by exit the counter just incase buy at the highest price. Create for FREE TRADING VIEW USER
Today we are releasing the EngineeringRobo Deluxe! New advanced trading tools for traders and investors. The new Robo 4 is extremely powerful ! It works perfectly with other existing strategies as an add-on feature. EngineeringRobo Deluxe has seen major improvements in accuracy of levels, speed and intelligence to detect the best possible trade setups. This...
This script is a graphis representation of Gunbot`s addon called ARS. Small script indicator showing the strength (volatility) of a current selected pair. Based on % deviation between ATR and baseline SMA(ATR) Supposed to be used on 1h frame. Could be used to switch automated trading strategy settings to more save if index grows. Green zone is calm...
The market consists of three phases: an uptrend phase, a downtrend phase, and a range-bound phase.Furthermore, if we include a trend phase and a correction phase, the market has five phases. In other words, the market is classified into the “five phases” as below: 1) Uptrend market (trend phase, upward bias) 2) Downtrend market (trend phase, downward bias) 3)...
This indictor combines the concept of Bollinger Bands with a Sharpe Ratio calculation. The period used for calculation and the band widths can be adjusted. This was developed to be used on BTC and is best used on the weekly timeframe (with settings 20, close, 1, 2, and 3.2) although it can be used on any timeframe and the period used can be changed to...
Study RSI 4 (RSI 25) from connors strategy. It will fill the candle color with green on buy signals and red on end positions base on RSI4 study.
Hello traders 💎 Access to this paid script can be requested through our website: link is in my signature and on my profile page (www.tradingview.com) 💎 This script is not a trading indicator but an exit investment indicator. After a big move and especially when we're at All-time-high or all-time-low levels, it's really a best random guess to exit. We designed...
With the difference in price indicator, you can view price change volatility. Specifically, you can view the difference in price for a single candle segment, at any desired candlestick timeframe. This simply takes the sessions high minus the low and gives the difference. Difference in price trend lines help determine if a stock has a history of high volatility or...
This script can be used to visually identify the 1 standard deviation range of price movement anticipated by NSE ticker for Volatility Index NSE:INDIAVIX Ideal to use on NSE:NIFTY ticker only! The NIFTY range is extended to Yearly, Monthly, Weekly, Daily based on the current value of INDIAVIX. All options are customizable: Time frame of the VIX Bands Select /...
This is a simple script that can be used to alerts. The signal1 variable goes to 100 if there is a 1% up move in a tick, and goes to -100 if there is a 1% down move in a tick for an asset. This is best on a 1 minute or 5 minute chart. This example shows this on the DeFi exchange Uniswap for the UNI/ETH pair
I'm a little surprised I couldn't find a BB crossover script on here since I've always used it on other charting software. So of course I had to write one in for TradingView. Essentially what this script signifies are price breakouts when price crosses over the upper BB band. So what it shows is that market conditions are entering overbought territory. Length is...
This script uses basic statistics to exploit mean-reversion conditions in the market. The idea of mean-reversion is similar to stretching an elastic band. After a certain level, the potential energy to snap back to the initial position increases. For the case of the markets, the initial position is the mean price. Entries and exits are clearly represented...
Hello The indicator measures the relationship between Average True Range (ATR) that shows how much an asset moves, on average, during a given time frame and Standard Deviation that measuring how widely asset prices are dispersed from the average price. If prices trade in a narrow trading range, the relationship between the ATR and SD will return a low value that...