A moving average is simply an arithmetic mean of a certain number of data points. The only difference between a 50-day moving average and a 200-day moving average is the number of time periods used in the calculation. The 50-day moving average is calculated by summing up the past 50 data points and then dividing the result by 50, while the 200-day moving average...
it will help you to get better understanding of trend and when to take trade and when to avoid or hold you trade and will act as confirmation to your system
Hi dear Traders,
Here I would present you my 'Risk Management' tool which is based on your buy orders, trading fees and your desired benefit.
Easily, fulfill the price and volume of each entries. Add to this, you can prepare the info about your next proposed entries, just let them not check at first and by meeting the prices then active the check-box beside...
The position sizing tool is an indicator to help calculate in trading, such as loss and gain, lots size, and risk-reward ratio.
When you open the indicator, you must select the entry, take profit, and stop-loss points.
Be careful;
The take profit point must be more than the entry point in the long position. On the other hand, it will be a short position.
The...
This is a custom trading indicator that combines several popular technical indicators such as EMA (exponential moving average), CCI (commodity channel index), RSI (relative strength index), MFI (money flow index), High-Low Bars, and ATR (average true range). This indicator can be used to identify buying and selling opportunities in the digital currency market. The...
This script calculates the low and high of the past 14 candles and uses those values as the start and end points for the retracement. The script then plots lines at the key Fibonacci retracement levels (23.6%, 38.2%, 50%, 61.8%, and 76.4%) for reference. Traders can use these levels as potential areas of support or resistance, and watch for price action at these...
A Population Sampled linear regression model that provides additional detail about the distribution moments (skew, kurtosis, variance and mean) as well as providing indicators that track when a pivot has enough momentum to trade on as well as expected ranges of future price action based on Std Devs.
For the momentum lines -- red indicates that there has been a...
█ OVERVIEW
A Lorentzian Distance Classifier (LDC) is a Machine Learning classification algorithm capable of categorizing historical data from a multi-dimensional feature space. This indicator demonstrates how Lorentzian Classification can also be used to predict the direction of future price movements when used as the distance metric for a novel implementation of...
This indicator helps finding patterns within market structure in a highly intuitive manner.
It does this by painting a picture instead of presenting numerical values.
It greatly reduces noise in trend/structure analysis.
----- HOW TO USE IT -----
1) Zoom out of chart to get a clearer picture of overall color patterns.
2) Consider areas of intense reds and...
##Wave Chart v2##
For analyzing Neo-wave theory
Plot the market's highs and lows in real-time order.
Then connect the highs and lows
with a diagonal line. Next, the last plot of one day (or bar) is connected with a straight line to the
first plot of the next day (or bar).
This indicator was made to backtest the DR / IDR concept (Defining Range / Implied Defining Range). There is only one built in DR session, but it can be changed to fit whatever session you like. Just make sure that the beginning time of the Session parameter matches the end time of the Defining Range parameter.
I'm not trying to validate or invalidate the claims...
This indicator displays defining ranges (DR) and implied defining ranges (IDR) constructed from two user set sessions (RDR/ODR) as graphical candles on the chart. The script introduces additional graphical elements to the original DR/IDR concept and as such can be thought as a graphical method in addition to a technical indicator.
Additionally, this script can...
A pull-back occurs whenever the price or the value of an indicator breaks a line and comes back to test it before continuing in the prevailing trend.
The RSI has oversold and overbought levels such as 20 and 80 and whenever the market breaks them returns to normality, we can await a pull-back to them before the reversal continues.
This indicator shows the...
This script will display a histogram of the Uniswap V3 HEX / USDC 3% liquidity pool.
Similar to what you can see in the liquidity section of the Uniswap pool page but conveniently rendered alongside your chart.
It's meant to be used on any HEX / USDC chart only.
One of the main motivations for using this in your HEX / USDC chart is to get an idea of the...
UNDERSTANDING THE SCRIPT:
TIMEFRAME RESOLUTION:
* You have the option to choose Daily , Weekly , or Monthly
LOOKBACK WINDOW:
* This number represents how far back you want the data to pull from
- Example: "250" would represent the past 250 Days, Weeks, or Months depending on what is selected in the Timeframe Resolution
RANGE 1 nth (Gray lines):
*...
Taking the average daily range from low to high or high to low isn't the "best" way to get an idea of how much to set targets. So, I made this indicator to make the system better.
This indicator calculates the daily range from Open to High on Bullish Days & Open to Low on Bearish Days .
Nobody can catch the absolute low of the day on bullish days and get out at...
Hello guys!, If you are a swing trader and you are looking for a simple trend strategy, you should check this one. Based in the supertrend indicator, this strategy will help you to catch big movements in BTCUSD 4H and avoid losses as much as possible in consolidated situations of the market
This strategy was designed for BTCUSD in 4H timeframe
Backtesting...
![SOLUSD: Position Sizing Tool [Skiploss]](https://s3.tradingview.com/7/7vBjHAU6_mid.png "Position Sizing Tool [Skiploss]")
![ES1!: DR/IDR Case Study [TFO]](https://s3.tradingview.com/j/jU17SmIf_mid.png "DR/IDR Case Study [TFO]")
![SPY: DR/IDR Candles [LuxAlgo]](https://s3.tradingview.com/w/wRtmtWIQ_mid.png "DR/IDR Candles [LuxAlgo]")
