Custom MACD Oscillator with Bar Coloring This custom MACD indicator is a fusion of two powerful MACD implementations, combining the best features of both the MACD Crossover by HPotter and the Multiple Time Frame Custom MACD Indicator by ChrisMoody. The indicator enhances the traditional MACD with customizable options and dynamic bar coloring based on the...
This ZigZag Indicator is a bit unique in it's kind. It uses my own Absolute ZigZag Lib to calculate the pivots: Instead of using percentages or looking more than 1 bar left or right, this Zigzag library calculates pivots by just looking at the current bar highs and lows and the ones of one bar earlier. This is a very fast and accurate way of calculating...
INTRODUCTION: The CANSLIM investment strategy, developed by William J. O'Neil, is a powerful tool for identifying growth stocks that have the potential to outperform the market. TrendX has enhanced this approach with its unique indicators, making it easier for investors to assess stocks based on seven critical criteria. ➊ C: Current Quarterly EPS or PE with...
Trading Booster //@version=5 // ══════════════════════════════════════════════════════════════════════════════════════════════════ // //# * ══════════════════════════════════════════════════════════════════════════════════════════════ //# * //# * Study : Day Trading Booster //# * Author : © dgtrd //# * //# * Revision History //# * Release : Dec...
Hi all! This is a very simple indicator. It plots the high timeframe (configurable via the "Timeframe" setting) high/low current timeframe bars (that has the same high/low as the higher timeframe) as supply/demand. The higher timeframe bar that's chosen is the one that's next last. As of now one high and one low zone is plotted. The defaults are based on useful...
This indicator plots the Option chain data of the following instruments and columns.. It plots 11 rows , 5 Rows above the input strike price 1 Row for the input strike price 5 Rows below the input strike price Instruments : 1. NIFTY 2. BANKNIFTY 3. FINNIFTY 4. MIDCPNifty Columns : 1. StrikePrice 2.CMP 3.Volume 4.VWAP 5.Diff (Open-Close) Traders need to change...
Overview The "Moving Average Ratio" (MAR) indicator is a versatile tool designed for valuation, mean-reversion, and long-term trend analysis. This indicator provides multiple display modes to cater to different analytical needs, allowing traders and investors to gain deeper insights into the market dynamics. Features 1. Moving Average Ratio (MAR): ...
Indicator Overview This indicator calculates potential volume (volume) based on the highest and lowest prices within a specified time period and displays it on the chart. This allows you to visually analyze the relationship between price fluctuations and volume. How to use Enter set values:. setlength: Specify the period of time. The default value is 20. The...
This Pine Script code builds an indicator called EMA Crossover with Historical Price Projection that combines two components: EMA Crossover Strategy: EMA 9 and EMA 21: The script calculates two exponential moving averages (EMAs) using the ta.ema() function. The crossover between these EMAs generates buy/sell signals. A bullish crossover (when EMA 9 crosses above...
The RSI is one of the most popular indicators available. This indicator, which represents the strength of market momentum based on the gains and losses over the past 14 candlesticks, is rational and is mainly used as an oscillator to determine overbought or oversold conditions. However, because the RSI is an older indicator, its very simple design—displaying only...
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © LudoGH68 //@version=5 indicator("SMC Structures and FVG", overlay = true) import LudoGH68/Drawings_public/1 as d getLineStyle(lineOption) => lineOption == "┈" ? line.style_dotted : lineOption == "╌" ? line.style_dashed :...
How It Works: Sessions: The London session is defined between 8:00 and 16:00 UTC. The New York session is defined between 13:00 and 21:00 UTC. Previous High/Low: The script identifies the highest high and lowest low from the previous bar using ta.highest(high, 1) and ta.lowest(low, 1) . Candle Body Size: The script calculates the size of the current...
Indicators play a role in analyzing price action, trends, and potential reversals. Among many of these, velocity and acceleration have held a significant place due to their ability to provide insight into momentum and rate of change. This indicator takes the old calculation and tweaks it with gaussian smoothing and logarithmic function to ensure proper scaling. ...
The Lot Size Formula in forex trading is a critical tool that offers several key benefits to traders: 🟢Risk Management: By using the formula, traders can control the amount of capital they risk on each trade. This helps prevent excessive losses by aligning the lot size with a predefined risk tolerance, such as 1% or 2% of the account balance. 🟢Consistent...
The Amplitude indicator calculates and visualizes both the amplitude and cumulative amplitude of price movements, providing traders with insights into price volatility and trend strength. By distinguishing between positive and negative amplitude movements, this indicator aids in identifying bullish and bearish sentiments, potential reversal points, and...
as the title says, this is a cubic medium average with crosses, good for in'n'out signal os some sort of strategy, will experiment with it
Objective: The indicator is named "Options Series - MTF 1 and 3 Minute", suggesting it's designed to analyze options series with multiple time frames (MTF), particularly focusing on 1-minute and 3-minute intervals. OHLC Values Of Candle: The code fetches the Open, High, Low, and Close (OHLC) values of the current candle for the specified ticker and...
The E9 MACD (Moving Average Convergence Divergence) indicator is a powerful tool used in technical analysis to help traders identify potential buy and sell signals based on price action. It is designed to provide clear visual cues and alerts for trading decisions. Here’s how it applies to price action and its key functionalities: Key Features and Functionality...