This indicator will automatically plot daily Bullish and Bearish Zones. Also this indicator mainly works in the Nifty and Bank Nifty Intraday trades. Preferred time frames (3/5/15 Mins) Calculation Take Last 5 days O H L C then find H-O and H-L, take average of the difference of H-O and H-L then Minimum Value then the average difference is added with the day...
Overview: YinYang Volume is an Advanced Volume Indicator. Regular Volume can be deceiving. It can be hard to tell how much of the Volume bar is Buy vs Sell volume, especially since the bar is green or red simply based on if it closes at a greater price than it opened. With YinYang Volume you'll be able to see how much Buy AND Sell Volume there is on each bar....
Overview: YinYang Bar Forecast is a prediction indicator. It predicts the movement for High, Low, Open and Close for up to 13 bars into the future. We created this Indicator as we felt the TradingView community could benefit from a bar forecast as there wasn’t any currently available. Our YinYang Bar Forecast is something we plan on continuously working on to...
Overview: YinYang Fear and Greed Index is used for seeing how people are feeling towards the current price. It works similar to an RSI, but fluctuates differently. Essentially you want to be Greedy when the Index displays Fear and Fearful when it displays Greed. Our Indicator displays a Green Circle (Greed Signal) on the YinYang Fear and Greed Index when there is...
The MACD Support & Resistance indicator is an enhanced tool to better visualize potential supply (resistance) and demand (support) zones based on the MACD indicator. It combines the strength of the MACD with recent price highs and lows to depict potential breakout or reversal areas in the market. Features: MACD Settings: Users can adjust the fast length, slow...
I made this indicator as a tribute to the late David Paul . He mentioned quite a lot about 89 periods moving average (especially on 4h), also the 21 and 55. I put up some entries when three ma are crossed by price in the same direction, bull/bear backgrounds and a color code for candles because who doesn't love the feeling of a lasting trend. To be more...
█ Overview The Fibonacci Oscillator is a multi-faceted oscillator designed to provide traders with a comprehensive understanding of market trends and retracement points. Built on the Fibonacci ratios, it combines the functionalities of popular oscillators like RSI and MACD with unique insights into the market structure. This oscillator not only helps identify...
The Giga Kaleidoscope GKD-C Trend Magic is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Trend Magic Trend Magic is a very old MT4 indicator used in Forex trading. Trend Magic utilizes the Average True Range (ATR) and the Commodity Channel Index (CCI) to determine market conditions. Firstly, the ATR is...
█ Introduction and How it is Different The AI Supertrend Strategy is a unique hybrid approach that employs both traditional technical indicators and machine learning techniques. Unlike standard strategies that rely solely on traditional indicators or mathematical models, this strategy integrates the power of k-Nearest Neighbors (KNN), a machine learning...
In this example, the indicator calculates the slope between the highest high value of the current period and the highest high value candles bars ago. The result is plotted on the chart as a line. And this example calculates the slope between the lowest low value of the current period and the lowest low value candles bars ago. It then plots the slope on the chart...
There are many strategies that use RSI or Volume but very few that take advantage of how useful and important the two of them combined are. This strategy uses the Highs and Lows with Volume and RSI weighted calculations on top of them. You may be wondering how much of an impact Volume and RSI can have on the prices; the answer is a lot and we will discuss those...
This indicator tries to identify the points where the price exceeds or falls below a rectangle based on the opening and closing prices of the previous period, the creation of the boxes occurs when a doji is detected therefore it will calculate the coordinates of the rectangle that will be drawn around it, therefore the indicator offers buy or sell signals based on...
The script defines a specific trading session based on user inputs. This session is specified by a time range (e.g., "1000-1510") and selected days of the week (e.g., Monday to Friday). This session definition is crucial for trading only during specific times. Lookback and Breakout Conditions: The script uses a lookback period and the highest high and...
Volume bars on up days will be in 'silver' colour. Volume bars on down days will be in 'grey' colour. The volume bar will ‘be red’ in colour if the latest close is below the previous close and the volume is more than the average volume. A green circle will be plotted if the current candle volume is the least in the last 20 days. The volume...
Some traders calculate using percentages when trading. The original ATR indicator calculates using price movements, so it differs for each stock. To avoid this, I changed the ATR indicator to show price movement as a percentage. The red line is the percentage value of the volatility of the original ATR indicator. The white line is 1.6 times the original indicator....
Hi, This is a multiband indicator that shows you liquid support and resistance ranges based on growing offsets and growing ATR channels. In the end, when setup well, you can make, based on historical observations, estimates of how traders will react, maybe identical again. How to use: Setup: Activate the two checkboxes for centerline and All_Lines Start with...
The Reversal Confirmation Indicator is based on price action and looks to provide opportunities when price gets stretched. The indicator works by finding the highest and lowest points over the user selected lookback period. If price closes below the low of the highest bar or closes above the high of the lowest bar a possible reversion to the mean may occur and...
1. Understand the basics of technical analysis: to fully utilize this system, you need to understand the fundamentals of technical analysis, such as identifying high and low prices, trendlines, etc. This will help you effectively use indicators and make more informed trading decisions. 2. Study the internal parameters: the system has input parameters, such as...