Description: The "Bollinger Bands Percentile (BBPct) + STD Channels" mean reversion indicator, developed by AlgoApha, is a technical analysis tool designed to analyze price positions using Bollinger Bands and Standard Deviation Channels (STDC). The combination of these two indicators reinforces a stronger reversal signal. BBPct calculates the percentile rank of...
DESCRIPTION A grid bot is an automated trading bot that is designed to execute buy and sell orders based on a pre-defined grid of prices. Grid bots operate within a specified price range, placing trades at set intervals above and below the current market price. The key idea behind a grid bot is to take advantage of price fluctuations and market volatility, not...
DESCRIPTION A grid bot is an automated trading bot that is designed to execute buy and sell orders based on a pre-defined grid of prices. Grid bots operate within a specified price range, placing trades at set intervals above and below the current market price. The key idea behind a grid bot is to take advantage of price fluctuations and market volatility. The...
Inspired by Mark Minervini's sell rules in "Think and Trade Like a Champion". Used to determine if a stock is behaving well after a breakout Used to determine when it might by prudent to reduce a position or sell Used as a visual aid, but based purely off price and volume action Here's a breakdown of what each condition checks for: Up Close Counter:...
The VolatilityFlex Levels indicator computes the degree of change (or sigma) by leveraging the selected Volatility Index (such as VIX or any user-specified volatility index). It utilizes this information to graphically represent distinct levels for a designated financial instrument. These levels include -sigma, -3/4sigma, -1/2sigma, -1/4sigma, 1/4sigma, 1/2sigma,...
EXOFADE is an incredible trading indicator designed help give traders a visual clue of price momentum by combining Linear regression calculations with volume. Overview: ExoFade is a unique and dynamic trading indicator designed for both beginner and professional traders. At its core, it uses a sophisticated blend of multiple linear regression analysis,...
It calculates and plots zigzag lines based on volatility and price movements. It has various inputs for customization, allowing you to adjust parameters like source data, length, deviation, line styling, and labeling options. The indicator identifies pivot points in the price movement, drawing lines between these pivots based on the deviation from certain price...
Overview TrendFriend (TF) combines various technical analysis components, including trend calculations, moving averages, RSI signals, and Fair Value Gaps (FVG) detection to determine trend reversal and continuation points. The FVG feature identifies potential consolidation periods and displays mitigation levels. Features Trend Analysis: Utilizes short and...
How Script Works : 1] This Script Is Simple and Easy to Understand 2] This Script Is Combination of Specific Candlestick Patterns , Types of Candles and Market Volatility 4] Candlestick Patterns : Candlestick Patterns Works on Indicating a Potential Upside Move and Downside Move. 6] Volatility Check : It Looks for Weak Candles of Low Volatility 7] Signal...
█ Overview The Liquidation Volume (Zeiierman) indicator highlights real-time long and short liquidations across all timeframes on TradingView. The indicator assists traders in identifying potential liquidation points in the market based on volume and price movements. Liquidation, in this context, refers to the forced closure of a trader's position due to...
This Indicator aims to fill a gap within traditional Standard Deviation Analysis. Rather than its usual applications, this Indicator focuses on applying Standard Deviation within an Oscillator and likewise applying a Machine Learning approach to it. By doing so, we may hope to achieve an Adaptive Oscillator which can help display when the price is deviating from...
The "ATR Stop" indicator is designed to provide traders with insights into potential stop levels based on Average True Range (ATR) calculations specifically tailored for profitable (green candles) and unprofitable (red candles) price movements. This tool aims to assist traders in identifying potential stop levels that adjust dynamically based on the volatility of...
**NOTE: FOR COMPARISON TRADITIONAL ROC IS PLOTTED WITH THE SAME ROC LENGTH OF 9. IT IS NOT PART OF THE INDICATOR" The Nasan ROC indicator is smoothed version of the of the traditional ROC indicator. The Nasna ROC uses a triple pass moving average differencing strategy. A cumulative sum of the deviations obtained from the moving average differencing provides a...
This script helps with identifying certain conditions without cluttering too much of the candles. Some use cases: It helps identify rsi low and high values. Directional price movement becoming difficult. low and high volume. it uses a percent rank to distinguish low and high values. It then uses a gradient to match the percentile rank to heatmap type...
This indicator attempts to calculate potential points of imbalance and equilibrium based on VWAPs and modified moving averages. The idea is to determine if there has been a change in volume and perform the calculation from that point It uses the standard deviation to determine the significant imbalance threshold. Candles with bullish imbalances are highlighted in...
Description: The Multi-Level Custom Text and Line Indicator is a versatile tool designed for traders who need to mark specific price levels on their charts with personalized text and visual cues. This indicator allows users to input up to three distinct levels, each with its custom text annotation, making it ideal for highlighting support/resistance levels, pivot...
This script's purpose is to provide the user with an indicator that automatically plots Fibonacci levels. The user has three main options for determining the Fibonacci's high and low. This indicator offers an ample number of settings, making it a modular Fibonacci overlay. The default setting is based on Donchian high and low. Another option is to base the...
█ Overview The indicator uses color-coded columns to represent different levels of normalized ATR, helping traders identify periods of high or low volatility. █ Calculations The normalization process involves dividing the current True Range by the Average True Range. The formula for normalized ATR in the code is: nAtr = nz(barRange/atr) █ How To Use ...