It is an indicator that assists short-term reversal trading utilizing support and resistance. It is recommended to build a position after the buy / sell marker appears while checking the support and resistance. When building a position, it is important to have a short-term perspective without holding it for a long time. (Recommended period is 3 to 5...
Dear followers, today a nice scalping tool for day trading on low time frames (1-3-5 minutes)! Each day the indicator will print some important levels and ranges related to the trading day before: yesterday high (black line) yesterday day range averange (silver line) yesterday low (black line) average between yesterday high and yesterday average, together...
A lot of people get freaked out by outside reversal Days in the market like what we had yesterday. "I think a great learning tool would be an indicator that highlights on the chart any outside reversal bar" Rules: both the high and the low is higher than the previous day the low of the day is in the bottom 1/3 of the price range the volume is higher than...
Turtle Atom Duck shows potential buy and sell It consist of 3 indicators Turtle - Donchian Channel - bullish when price close above previous 1 bar high - bearish when price close below previous 1 bar low Atom - Bollinger Band - bullish when price close above upper band - bearish when price close below lower band Duck...
Originally written by @ceyhun I added a low lag filter to key components to smooth the bars. The user can adjust the parameters 'fast' and 'slow' to tune. capam The original comments of ceyhun are below repeated: Buying Selling Volume -Buy Volume -Sell Volume -Buy Volume Percent % -Sell Volume Percent % -Volume Index -Buy Sell...
So I have been using the linear regression indicator that is built in but wanted to see it represented as bands around price like a keltner channel. I added in 4 tiers of of bands as I have found on shorter time frames that quick spike moves up or down usually end up in the +/- 4 deviation level before presenting a good opportunity to scalp. The linear regression...
This indicator looks for situations when fast MA crosses slow MA in TDI and this cross has to be in volatility bands. When this happens, it looks for 1. or 2. or 3. bar that closes above/below ema20. When fast MA crossover slow MA, indicator looks for 1. or 2. or 3. bar closed above ema20. When fast MA crossunder slow MA, indicator looks for 1. or 2. or 3 bar...
If you want to get an idea if the current range (low to high) is extended or not? This script should help you to get an idea relative to the ATR. Further comments you find in the script. Feel free to modify upon your needs. Jonas NB: Due to issues around the "security" function, the recommended patch of Trading View was implemented.
SAD - ATR with a utility tune-up. Similar to ATR, SAD finds the true range of an asset. Unlike ATR, which is a rolling indicator, SAD is session based, simliar to VWAP. This gives it a great advantage over a regular ATR, where one must determine if their ATR level is statistically significant or not. SAD makes it easy for you to analyze statistical anomalies...
Script to display Supertrend trend state of 8 different securities in a panel. Timeframe & Tickers which are to be displayed can be configured from settings. Part of code is from the ADX DI Monitoring Panel script by u/wugamlo with his permission. Thanks to him for that and do please check out his work also.
Volatility represents how large an asset's prices swing around the mean price, the degree of variation of a trading price over time, and is commonly measured with beta (β) coefficients, standard deviations (σ) of returns where tools such as Average True Range, Bollinger Bands, Keltner Channel, Squeeze Indicator, etc presents volatility concept Volatility often...
: why i upload this here This script is protected only. no need invitation. that is why i upload here. very good? but it works only for 1min, 15min and 4h candle. : what is this script This script show 5 BB. you can see arrow if price hit BB. 5 band, 5 arrow color. It has many option you can set. you can choose sma, ema, rma ..... and there are many option like...
It is an index that looks like the final evolution by weighting the Bollinger band with exponential smoothing and volume. The base Line is my EvMA as volume weighted EMA, so it is quite responsive. The standard deviation is also exponentially smoothed, and the reaction is too good to handle, so it is further smoothed by EMA. Charts without volume are not weighted...
The US Dollar Index (DXY) is really important for Binary traders who looking for setups on USD pairs. With this indicator, you dont need another chart or switching between your current USD-pair chart and DXY chart. What's the different with normal DXY? THE DAILY GAP If you know what happens when there is a GAP in DXY, this is your indicator. FYI: I'll wait...
This script creates currency indexes for the 8 majors and displays them in percentages with the origin at 100 It calculates the indexes based on the mataf.net formulas but unlike having all the indexes start equally on the 1st January you have the option to choose your own starting date, so that you can take into account current market volatility. I also made the...
The TopBot Reversal indicator utilizes exhaustion and historical price levels to draw a possible recent top and bottom level. Using these lines together with other directional indicators such as Stochastic or RSI, we can draw a conclusion to a possible reversal at these levels. Use the link below to obtain access to this indicator.
This indicator is best suitable for the 30-minutes interval OIL charts, due to ATR accuracy. BB%B is great for showing oversold/overbought market conditions and offers excellent entry/exit opportunities for Day Trading (30 minutes chart), as well as reliable convergence/divergence patterns. ATR is conveniently combined and shows potential market volatility...
Hey traders, This script shows a plotshape on candles, respective of deviation % from the chosen moving average. The further price is from the MA, theoretically, the faster and more reliably price should return to that moving average or close to it. Users have the following inputs: - Type of MA to measure the deviations from, i.e EMA, SMA, WMA, VWMA. -...