Two bands formed by moving averages of highs and lows. The lower band should provide zone of support in uptrends while the upper band should provide zone of resistance during downtrends. Bands that turn green in bullish trends should provide buy signals while bands that turn red in bearish trends should provide sell signals.
Hello all This indicator helps you to find spread between scripts. Very much helpful for finding spread of script with relative future script. (Index or Stocks). The are two methods to find spread – 1. Divide 2. Difference You can select your choice from indicator settings.
This indicator makes visualising some of the core TrendCalculus algorithm's key information and features both fast and easy for casual analysis. Interpretation: a) The light blue channel is the lagged price channel calculated over the timeframe of your choosing for a period of N values. When the current price breaks out of this channel the previous price major...
The Fibonacci Moving Average is a powerful indicator that takes into account many underlying moving averages to give out an approximate short-term/long-term view of the markets. Its strength lies with dynamic support and resistance levels. I have created this indicator in order to improve trend-following entry positions.
This script is based on RationalRoot's spiral btc chart. Since I dont know how to make spirals in pinescript I just flattened it out into a readable chart. All this shows is the log price for btc over a 4 year timeframe. I found it interesting how well things line up with this idea. The white circle just shows the current day price location. You need to be on the...
Based on the Elder's Force Index (EFI) , +/- of the EFI and its ema is used to describe the rise, fall or possible reversal of the market, and finally shown by bar color. The green bar represents a strong bull and the red bar represents a strong bear; The blue bar indicates that the downtrend is exhausted and may rise. Likewise the yellow bar. Of course, it is...
Description Hi all, this is a simple indicator that shows trend of both KLCI and sectors of Bursa . The sector finding is using my Bursa_Sector library. Besides, I have also included portfolio tracker which is by Mohamed3nan in this script. Usage Top Trend - Malaysia KLCI Index Trend Bottom Trend - Any Bursa Sector Trend Portfolio Table - Copy from...
This indicator uses what I call Dynamic Moving Averages to identify trends. The reason these moving averages are dynamic is that they track different sources based on the trend. Allow me to explain... Low = identifies the least sellers were willing to sell for in a given period. High = Identifies the most buyers were willing to buy for in a given period. Avg Low...
This got removed so I'm publishing it again. What it is: - This script draws in levels refereed to as bank levels. They are basically psychological/even numbers(40000, 45000, 150, 1850..) Why doesn't it work on some charts? - Each pair has a different tick value. You will have to edit the code to make it work on certain pairs. It's pretty simple, take a look.
The Flow of Range is calculated by averaging the range for the given bars for the short term oscillations, then averaging the average to determine long term runs. Above 0 indicates bullish momentum, below 0 indicates bearish momentum. Notice the behavior of the market when the range is increasing and decreasing - both on the long and short term...
The table shows the ranking of the price as a percentage relative to the past candles. 100 ~ highest price of the time frame 0 ~ lowest price of the time frame
Description: 1. Just a moving average strategy used in this indicator. 2. If the src2 (you can change it in settings) close above highest MA, appear the long signal. 3. And if the src2 close under the lowest MA, appear the short signal. How is it using: Green is an uptrend. Red is a downtrend. -If you see the green up triangle signal, open long (and close...
This is a trend system made with multiple oscillator averages designed especially for trending markets such as stocks or crypto. It can be used with any timeframe. Its made of multiple moving oscillators such as RSI Stochastic ADX CCI AO MACD MOM STOCH RSI WPR BP UO Avg of all oscillators It has also a rating, making an avg from all of the oscillators ,...
This is a trend system made with multiple moving averages designed especially for trending markets such as stocks or crypto. It can be used with any timeframe. Its made of multiple moving averages such as Simple Weighted Volume Weighted Exponential Double EMA Arnaud Legoux Hull MA Smoothed Least Squares Kaufman Adaptive Triple EMA Zero Lag Fractal...
This indicator combines the Supertrend (to determine the main trend direction) with two Keltner channels (used for add and take profit signals) to construct a trend trading system. These are the available settings: General UseTrendChange ➞ toggle trend change alerts and labels UseAdds ➞ toggle add to position alerts and labels UseTakeProfits ➞ toggle...
This script displays a cloud representing the bodies of Heikin Ashi candles, which allows to have all the information of the HA technique without losing focus on the classical candles. Also has arrows to indicate a trend reversal (counterproductive in a range !)
Fibonacci EMAs (8,21,34,55,89,233) Fibonacci Exponential Moving Averages 8 - aqua 21 - green 34 - blue 55 - yellow 89 - purple 233 - red
The description below is copied from the script's comments. Because TradingView does not allow me to edit this description, please refer to the script's comments section, as well as the release notes, for the most up-to-date information. ---------- Usage: The inputs define the trend and the volatility stop. Trend: The trend is defined by a moving...