The FalconRed Vix indicator is a trading tool designed to provide insights into the potential price range of the Nifty 50 index in India. It utilizes the IndiaVix value, which represents the annual percentage change of the Nifty 50 price. By analyzing the IndiaVix, the FalconRed Vix indicator helps traders determine the upper and lower price thresholds within...
This Pine Script is a simplified trading algorithm designed to detect and signal potential buying and selling points based on the WaveTrend Oscillator and the volume traded. Inputs and Setup: The script initiates by defining key parameters: 'Wave Channel Length' (n1) set at 9 and 'Wave Average Length' (n2) set at 12. It also establishes a 'Volume Multiplier' (set...
This indicator is designed to help traders assess and analyze market volatility. By calculating the width of the Donchian channels, it provides valuable insights into the range of price movements over a specified period. This indicator helps traders identify periods of high and low volatility, enabling them to make more informed trading decisions. The indicator...
1)INDICATOR ---This indicator is a combination of Keltner channels and Williams %R. It measures trend using these two indicators. When Williams %R is overbought(above upper line (default=-20)) and Keltner lower line is below price indicator shows uptrend (green). When Williams %R is oversold(below lower line (default=-80)) and Keltner upper line is above price...
Highlights candlestick based on volume data. Indicator looks back and analyzing volume to find the volume bar with the largest numerical value Indicator highlights the corresponding candlestick . Indicator marks the high and low of that candlestick. Users can adjust lookback period. Default is set to 50 . Users can adjust how the indicator plots the high and...
The purpose of this indicator is to see how often price reached certain standard deviations from a selected time range. The inspiration for this was to study ICT (Inner Circle Trader) concepts regarding the Central Bank Dealer’s Range (CBDR), which is 2:00 pm - 8:00 pm New York local time according to ICT Core Content. However, the idea and data collection could...
This indicator highlights gaps on the chart where the price between two bars changes without any trades happening between them. It'll highlight gaps created during "Gap Up" or "Gap Down". This indicator has been developed to highlight mainly smaller gaps created on lower time frames though it displays gaps on any time frame. This script also has the option to...
It is an indicator that displays the trading volume. Red-colored candle bars indicate a decrease in trading volume. Green-colored candle bars indicate an increase in trading volume. The transparent yellow cloud above the volume bars represents the 21-bar moving average volume, which shows the average volume over the specified period. (You can change the number...
The "Candlestick Strength and Weakness with RSI and OBV" indicator, denoted as CSW, is a tool designed to assist traders in identifying potential trend reversals in financial markets. The CSW indicator combines the analysis of candlestick patterns, relative strength index (RSI), and on-balance volume (OBV) to provide traders with valuable insights into market...
The "Annualized Spot-Future Difference" indicator (ASFD) compares the closing prices of a futures contract and its underlying spot asset. It calculates the price difference between the two instruments and annualizes this difference to provide a standardized measure for comparison. The indicator takes inputs for the futures ticker symbol and the spot ticker...
The Williams %R Strategy is a trading approach that is based on the Williams Percent Range indicator, available on the TradingView platform. This strategy aims to identify potential overbought and oversold conditions in the market, providing clear buy and sell signals for entry and exit. The strategy utilizes the Williams %R indicator, which measures the...
ChanLun, also known as Entanglement Theory or "缠论," is a highly regarded technical analysis methodology that originated in China. Since its introduction in 2006, ChanLun has rapidly gained significant attention and a strong following within the Chinese trader community due to its exceptional ability to navigate complex market dynamics. ChanLun places great...
OVERVIEW This indicator mimics TradingViews "Extended trading hours" background color settings. It is most useful on symbols that do not conventionally have extended hours, but are available to trade during those hours (ie. Futures and Crypto). Because market participation (ie. volatility) in a given symbol can change dramatically at or near these transitions,...
Hi TV Community, Greetings to you. This is a script that may be of use to intra-day traders. Knowing how much volume is getting traded and in which direction can help with decision-making in trading - especially when trading Futures. So, this script, displays volume, number of candles and trades on intra-day time-frames. FUTURES CHART NOTE: The instrument...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- *This indicator is based on upslidedown's "Liquidity Engulfing Candles ". It's a very cool indicator. thank you. It has 2 functions: show the Liquidity Engulfing on HTF and candle color change when displacement occurs. === Function description === 1. Liquidity Engulfing on HTF This indicator gives...
The Smoothed Relative Strength Indicator (not RSI) with Multi-Timeframe Support is a custom indicator that combines the concepts of Relative Strength (not RSI) and Money Flow Index (MFI) to create a smoothed trend-following tool. It works on any timeframe and adapts to different market conditions. Key Features: Multi-timeframe support: [ The script uses the...
The Ruthless ATR (Average True Range) indicator is a powerful tool designed to provide traders with insights into market volatility. It calculates the ATR using a selected smoothing method, such as RMA, SMA, EMA, or WMA, and visualizes the ATR line on the price chart. The key feature of the Ruthless ATR indicator is its ability to dynamically change the color of...
The Ruthless Support and Resistance Conformation (SRC) indicator is designed to identify and confirm support and resistance levels in the price chart. It utilizes an exponential moving average (EMA) and calculates the angle between the current EMA value and a previous EMA value over a specified length. The indicator visually represents the conformation of support...