Day25Range(1) - I use this indicator to show where the lower 25% daily range of a stock is. This helps to show weakness in a stock during the trading day. I use this indicator with a CIRCLE or DOT plotted on the candle. Makes it easy to show weakness during the trading day.
Day75Range(1) use to plot the 75% range of a trading day. I use a CIRCLE or DOT to indict the 75% range of the trading day.
This is a simple script to quickly see changes in % in each candle. In blue open/close variation. In red Histogram with range between high and low. This helps me understand very quickly what's the typical change in % for a specific timeframe/pair, so I can fine tune my Stop Losses and Take Profits.
This is an experimental study designed to identify the underlying trend bias and volatility of an instrument over any custom interval TradingView supports. First, reset points are established at points where the opening price of the interval changes. Next, Volume Weighted Average Price (VWAP) is calculated. It is the cumulative sum of typical price times volume...
// Shows the price renko bars (or range bars) instead of the PERIOD renko // bars that are integrated into Trading View. The normal renko bars that // Trading View offers only consider the drawing of a new brick when the // price closes above or below the required brick size. This can produce // misleading charts since depending on the time interval of a chart,...
The ultimate Momentum Oscillator! The ticker line act as a common momentum oscillator. When it's orange, the trustability of the overbought/oversold condition is greater. The thiner line is made to be used on range moments, such as squares or envelopes. The background collors indicates good moments to buy (green) or sell (red) - the signal is triggered in the...
This is an experimental study designed to visualize momentum and average range by expressing divergences between price and a McGinley Dynamic as a percentage.
Example how to select and set date range window to be backtested. Normally when you change chart period it changes the number of days being backtested which means as you increas the chart period (for example from 5min to 15min) you also increase the number of days traded, so you can not compare apples to apples for which period would yield best returns for your...
To add this indicator to your charts: Click the 'Add to Favorite Scripts' button down below this description. This simple indicator is merely for displaying mulitple ATR ranges at a glance on one chart. SETTINGS Each ATR is completely configurable: Length - to base the ATR on Timeframe - 'Chart' uses the current chart resolution; other timeframes are...
Basic ADR-indicator that is showing the daily range on lower timeframes as well, without using the current open daily bar for calculation. Also plots as line in a separate indicator window. Updates displayed value when hovering over the candles on the chart to see historical Numbers.
Basic ATR without the current open bar in progress, it calculates the closed bars within the chosen ATR Period
This indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels. The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart. Otherwise you can select manually. Indicator plots the open/close and colors the high-low range area in the background. Hope this simple indicator will help you ! You...
This histogram displays (high-low)/close Can be applied to any time frame.
The Up/Down Range breaks the price range into an upward and a downward moving component, so we can easily turn it into a momentum oscillator. This script does just that. You can find the Up/Down Range (UDR) indicator here:
Measuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR. However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction. In fact, I turned it into a momentum indicator here:
Those of you not familiar with Alan Kelland's trading method called the "Alan Square" or "DaBox" may find this indicator interesting. Here is a brief excerpt from the documentation: Alan Kelland's Box Trading Method A draw tool growing in popularity is the Alan Square, named after its inventor Alan Kelland. Alan's method is first and foremost price action. The...