The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend.
This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR.
The ATR based filter is calculated by...
This is the baseline and range candles part of a larger algorithm called the "BERLIN Renegade". It is based on the NNFX way of trading, with some modifications.
The baseline is used for price crossover signals, and consists of the LSMA. When price is below the baseline, the background turns red, and when it is above the baseline, the background turns green.
It...
The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend.
This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR.
The ATR based filter is calculated by...
Visualizer of current or previous month(s), week(s) & days ranges
Purpose: View last Monthly, Weekly, Daily, and/or a custom time interval OHLC, i.e. previously closed/confirmed or the ongoing higher time interval ranges
Main configurations available:
- 2 main reporting modes: View the current/ongoing M/W/D candles' OHLC (live, repaints) or report OHLC of last...
ORB 5 Min With Pre Market Data
Opening Range 5 Minute Chart
- set chart to 5m
- enable pre market data (if using with tradingview, if not use my other script)
- add your other indicators you like
Example how to overlay the first lower timeframe bar of the day across the entire day. Set chart to a timeframe that is lower than 1 Day period. Also included option for coloring wick pressure of that bar.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have...
Example how to set the time range window to be backtested for both entries and exits. Additional examples are also included showing how to set the date range and toggle plot visibility.
By incorporating this code with your own strategy's logic, it will allow you to backtest various time windows.
Much gratitude to @LucF and @a.tesla2018 for help with including...
This script is used to visually highlight candles which may signal a reversal following a false break of a support or resistance level.
Inputs are:
Lookback period: look for the highest high and the lowest low of the prior x bars.
SMA length: used for a simple moving average of the range (high minus low) of the prior x bars.
Range multiple: used to filter out...
Hey guys !
Since I was bored, figured I would make something more related to crypto.
Original idea of it was from .vfisenko. ( )
Basically this is a % Change in the last 2 bars. Also there is a criteria lines for the % over or under.
This indicator plots the daily high and low from the previous day. (BLACK)
It then calculates the midpoint of the high and low and plots this. (RED)
This indicator can be used to identify daily ranges and to identify possible support and resistance levels.
This script plots an extension my other script High, Low, Inbetween.
It sometimes makes it difficult to view the candles effectively so I've added this separately to my other script
It calculates the range between high/low and midpoint.
It then plots these lines as extensions from the high and low.
This is done twice.
The Range Expansion Index ( REI ) oscillator is based on Tom Demark's studies and described in "DeMark on Day Trading Options" book.
Range Expansion Index is an oscillator which compares current intraday highs and lows with the high and low of two bars ago.
The indicator oscillates between +100 and - 100, Default overbought and oversold conditions are 45/-45...
Support and Resistance using donchian channels to validate tops/bottoms
(note: while donchians follow price closely within look back window, this will only update new top/bottom when making new extremes in the donchian channel)
combo with other systems:
Simple script made to identify trading ranges in any timeframe
The oscillator bounces between 1 and 0. 1 means that the current asset is in a trading range and 0 meaning it is not.
The determination of a trading range is determined by the following:
ATR(14)40 and RSI<60
ADX<25
Due to all 3 having to be fulfilled in order for the oscillator to show there is a...
description:
• Zig Zag indicator plots points on the chart whenever prices reverse
by a percentage greater than a pre-chosen variable.
• Forecasts area based on zigzag statistics.
• Displays labels with detected patterns.
• Displays slope information rate of price, time diferentials and angle(experimental)
EXPERIMENTAL:
WARNING: this strategy repaints after reloading and results are heavily curve fitted, use at your own discretion.
UPDATE: (AleksanderThor) add option for a 2nd target, to use you need to activate pyramiding with a setting of 1 manually (not possible to change programatically) .
![EURUSD: [RS]Support and Resistance V0](https://s3.tradingview.com/j/JWdq2Bni_mid.png "[RS]Support and Resistance V0")
![USDCAD: [RS]ZigZag Percent Reversal - Forecast - patterns - labels](https://s3.tradingview.com/s/seTYoI2K_mid.png "[RS]ZigZag Percent Reversal - Forecast - patterns - labels")
![EURUSD: [STRATEGY][RS]ZigZag PA Strategy V4.1](https://s3.tradingview.com/n/NEDEDcsP_mid.png "[STRATEGY][RS]ZigZag PA Strategy V4.1")
