Institutional investors have a profound impact on financial instruments prices because of the large volume, and their trading activities can greatly impact the price of financial instruments. They sometimes may split trades over time in order to not make a material impact and of course not to decrease liquidity to the point where there may be no one to take the...
The Dominator is a technical indicator. Based on algorithm calculations, this indicator extrapolates the previous price for the next bar. Here is how Dominator is calculated: 1. The study estimates the price projected for the next bar. The estimated price is based on the algorithm method. 2. The study extrapolates this value to find a projected price change...
It is considered the percentage of candles with low and high closure for a certain period. Then, a moving average is built from these values. When the moving average of the ratio of tall candles to low candles is greater than the ratio of low candles to high, then long (that is, when the green line crosses the red). And vice versa - a condition for short. It also...
This is a scaled version of the Forecast Oscillator, paired with a Point of Force Indicator, my modification of an indicator, whose original name and developer happened to be missing on my notes, so my regards to the author). Point of force is a spot from where price action will dynamically evolve in the same direction or soon reverse and pursue that reversed...
True-Price DOTS for Heikin Ashi (open/close/current) USE: Must Set Tradingview Candle Type to Heikin Ashi. Works on all Timeframes and symbols. BENEFITS: Helps keep you aware of the actual price action as you trade and historically by adding subtle DOTS and step-lines over your Heikin Ashi candles. With this indicator, you can benefit from the price...
Trade Range Indicator Advanced - AltSumo.com Need multiple timeframe support/resistance lines? We got you covered! Ideal for automatically updating trade ranges on a hourly, daily, weekly or monthly timeframe . Just choose the desired range timeframes and the indicator will add the the ranges on the chart. Each timeframe can be adjusted to your own settings....
Trade Range Indicator BASIC - AltSumo.com Ideal for automatically updating the traderanges on a hourly, daily, weekly or monthly timeframe . You don't have to add support/resistance lines manually anymore. Just choose the desired range timeframe and the indicator will add the the ranges on the chart....
Esse indicador plota na tela do ativo avaliado, pontos de compra e venda baseado em regras de tendência e confirmação por volume. Caso o ativo entre em tendência, o script plota na tela os dizeres "CPM" = Comprar na perda da máxima, ou seja comprar assim que o preço perder a máxima no próximo candle, e "VPM" = Vender na perda da mínima, assim que o preço perder a...
Play with backtesting results from high/low breaker indicator
Specify Candles back to determine if high/low has been broken. Can choose to either calculate with source of high/low or close.
The DecisionPoint Price Momentum Oscillator ( PMO ) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool. PMO can be used in many ways: - PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the...
This is the first of my RENKO strategies and studies series. I'm developing some studies on Renko charts from a while and now is time to share the results. This startegy is based on this idea: to measure the "vigor" or strength of a price action and to follow it. I use Renko charts to identify the price action. The indicator will rise or fall when a price action...
The Volatility Index measures the market volatility by plotting a smoothed average of the True Range. Based on HPotter's idea (), it returns an average of the TrueRange over a specific number of bars. Here the result is passed through the Fisher's transform and normalized to 0/1-range. This indicator may be used to identify stretches in the price movements,...