The Double Bollinger Bands strategy is a trend-following strategy that aims to identify high-probability trading opportunities in trending markets. The strategy involves using two sets of Bollinger Bands with different standard deviation values to identify potential entry and exit points. Bollinger Bands are a technical analysis tool that consists of three lines...
The "Mean Reversion" indicator in this script is a popular trading strategy that is based on the concept that over time, prices tend to move back towards their mean or average. This trading strategy seeks to identify instances where the price has deviated significantly from its mean and therefore presents an opportunity to profit from its eventual reversion to the...
indicateur permet de prendre des decision a partie des donnes de moyennes mobiles znb un seuk indicateur ne permet pas de prendre une decision d'achat ou de vente
The Triple Dragon System is a technical trading strategy that uses a combination of three different indicators to identify potential buy and sell signals in the market. The three indicators used in this strategy are the Extended Price Volume Trend (EPVT), the Donchian Channels, and the Parabolic SAR. Each of these indicators provides different types of information...
This indicator aims to display the price index of Bitcoin based on its logarithmic high and low values. Indicator calculates the logarithmic high and low values of Bitcoin using specific mathematical formulas and then applies a price index formula to obtain a value for each bar on the chart. The resulting value is plotted on the chart as a line, representing the...
LNL Smart TICK This study is mostly beneficial for intraday traders. It is basically a user-friendly "colorful" representation of the $TICK chart with highlighted $TICK extremes. This indicator also includes: a simple trend gauge that can visualize the bias for the day, cumulative tick cloud which is showing the cumulative strength of either longs & shorts on the...
This indicator plots a line reflecting the percentage of all U.S. stocks above or below their VWAP for the given candle. Horizontal lines have been placed at 40% (oversold), 50% (mid-line), and 60% (overbought). I recommend using this indicator as a market breadth indicator when trading individual stocks. In my experience, this indicator is best utilized while...
This oscillator has two different modes: The first one called RSIs is a comparison between the Relative strength index of the Accumulation/Distribution (and the On Balance Volume) and the normal price, to analyze the differences in momentum between the price with volume and without. The second one, called Dock, is similar except for the fact that the lines are...
script to sum rolling 20 (default) period's prices together use on volume indicators to get the likes of McClellan Summation User selection: rolling periods to add
The "God's Little Finger" indicator uses several technical analysis tools to provide information about the direction of the market and generate buy/sell signals. These tools include a 200-period exponential moving average (EMA), Moving Average Convergence Divergence (MACD), Bollinger Bands, and the Relative Strength Index (RSI). EMA is used to determine if prices...
The OBV-MACD indicator is a momentum-based technical analysis tool that helps traders identify trend reversals and trend strength. This Pine script is an implementation of the OBV-MACD indicator that uses the On-Balance Volume (OBV) and Moving Average Convergence Divergence (MACD) indicators to provide a momentum data of OBV. The OBV-MACD indicator uses the OBV...
The OBV ( On Balance Volume ) RSI ( Relative Strength Index ) indicator is an innovative tool that combines the power of OBV and RSI to provide traders with a comprehensive view of the market's momentum and volume dynamics. This combination enables users to make better-informed trading decisions by analyzing the relationship between price, volume , and relative...
================== Read This First Before Use This Strategy ============== *********** Please be aware that this strategy is not a guarantee of success and may lead to losses. *********** Trading involves risk and you should always do your own research before making any decisions. ================= Thanks Source Script and Explain This Strategy...
Measures the deviation of price metrics between various exchanges. It's a kind of realized volatility indicator, as the idea is that in times of high volatility (high emotions, fear, uncertainty), it's more likely that market inefficiencies will appear for the same asset between different market makers, ie, the price can temporarily differ a lot. This indicator...
Medic trades using "Smart Money Concepts", and Medic's system revolves around the one taught by MentFX (i.e. Structure, Supply/ Demand Zone , and Confirmation). While this system per se doesn't require the use of a volume indicator, Medic has come to respect the OBV and Accumulation / Distribution . The OBV Ribbon is available in many a shape and form, but Medic...
What this Indicator Does This indicator helps the trader locate expansion and contraction areas in an easy visual way. When the asset moves from a contraction phase into an expansion phase, the bars change color (customizable). This allows the trader to recognize areas of contraction and avoid trading them. Once a Bar Range moves outside of the average range as...
This indicator is meant to observe NYSE & NASDAQ Advance minus Decline Oscillator in one. It also paints extreme levels at +2000 and -2000. It is used in combination to identify changes across the two markets or to observe broad market strength/weakness.
This is a normal Relative Strength Index with default length set to 14 periods In addition, SET and MAI market Trend filter: When SET or MAI is above 10 and 35 EMA - consider as a strong uptrend. SET or MAI is below EMA 10 but still above EMA 35 - consider as a healthy Uptrend but resting with lower momentum. SET or MAI is below EMA 10 and 35 - consider as a...