This script creates a "web" by connecting different points of candles. All configurable by the trader. There are 4 basic parts to a candle: Open, High, Low, and Close With this script, you can connect any point of one candle in the past to any point of another current candle. For example: High to High, High to Low, High to Open, High to close Low to High, Low to...
Modified this script by Daveatt (based on Ricardo Santos Fractals) to scan patterns in BTCUSD, ETHUSD, DVOL, DXY, DVOL/VV
For trading ES on 30min Chart Trading Rules Post Baseline Cross Qualifier (PBCQ): If price crosses the baseline but the trade is invalid due to additional qualifiers, then the strategy doesn't enter a trade on that candle. This setting allows you override this disqualification in the following manner: If price crosses XX bars ago and is now qualified by other...
This is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty. The Volatility category includes the Average True Range...
Introduction: This script is a result of an AI recommended created trading strategy that is design to offer new traders’ easy access to trend information and oversold/overbought conditions. Here we have combined commonly used indicators into a single unique visualization that quickly identifies trend changes and both RSI and Bollinger Band based overbought and...
ATR is one of the main indicators we use to measure volatility. When the market starts to consolidate or does not rise, ATR will be at a relatively low position. However, the classic ATR formula does not consider that when the price changes at a logarithmic level, the ATR value will also change significantly. Therefore, I divide the calculated ATR value by the...
Hello, here is an indicator that can be helpful for your trading that is simple and easy to use. Our culprit here is a candle that opens and closes below the lower band of Bollinger Band, Black and red lines are put on the high and low of that candle. Green Arrows are happening when: 1- When candle closes above the black line and Stochastic RSI is in the...
This script visualizes Bitcoins "seasonality", in form of a colored table (based on the idea from "BigBangTheory") The history table shows you which months do statistically perform better/worse in comparison to other months. How to use this script: Choose ticker "BLX" ("BraveNewCoin Liquid Index for Bitcoin"). Set the charts time frame to weekly or daily. Tables...
Keltner Channel Bands These normally consist of: Keltner Channel Upper Band = EMA + Multiplier ∗ ATR Keltner Channel Lower Band = EMA − Multiplier ∗ ATR However instead of using ATR we are using RMA This gives us a much smoother take of the KCB We are also using 2 sets of bands built on 1 Moving average, this is a common set up for mean reversion...
First of all, a big shoutout to @shayankm, @LazyBear, @Bromley, @Goldminds and @LuxAlgo, the ones that made this script possible. This is a version of Waddah Attar Explosion with Traders Dynamic Index. WAE provides volume and volatility information. Also, WAE calculation was changed to a full-on MACD, to provide the momentum: the idea is to "assess" which MACD...
— Overview Rather than eyeball evaluating bullishness/bearishness in any given bar, bar metrics allow a quantified approach using three basic fundamental data points: relative close, relative volatility and relative volume. These data points are visualized in a discreet data dashboard form, next to all real-time bars. Each value also has a dot in front,...
what is Faytterro Bands? it is a channel indicator like "Bollinger Bands". what it does? creates a channel using standard deviations and means. thus giving users an idea about the expensive and cheap zones. It uses a special weighted moving average different from standard bollinger bands, it also averages not only price but also deviations. how it does it? it...
A “ Fibonacci Levels Based on Supertrend ” indicator is supertrend indicator planned with Fibonacci retracements levels. Fibonacci retracements provides a sequence of levels starting from 0% to 100% in addition to extension levels. 0% is measured to be the initial Supertrend line, and 100% is the previous Supertrend line where it has been broken by candle. This...
what is Exponential Stochastic? it is a modified version of the stochastic indicator. This strategy does not include pyramiding, repaint, trailing stop or take profit. what it does? It contains an extra input in addition to the stochastic indicator. Thanks to this input, different exponential weights can be given to the outputs and the indicator can be made more...
what is Limited Fisher Transform? This indicator is a compressed version of the Fisher transform indicator between 100 and 0 values. what it does? It allows us to define overbought and oversold zones by compressing the values of the "fisher transform" indicator between 0 and 100. also these zones are the same for every timeframe and trading pair, just like...
Body / Range is a volatility indicator that shows how many percentages the body candle occupies the range. The ratio tells us about the health and confidence of the current candlestick. Since overall candle Range is always bigger than the body range, Body/Range indicator will always fluctuate inside a range of 0 and 100%. I didn't use True Range because it...
Parabolic Support Resistance -PSAR SR is based on the Dynamic Reversal Points of Price. This indicator eliminates the false signals of regular Parabolic SAR (Stop and Reverse). The Price of previous SAR Reversal point is plotted as Support and Resistance. The idea is to trade only after the previous reversal point is crossed and a new candle formation above /...