This ATR - Average True Range - Measures only red candles, giving the average true range of market declines.
The SuperTrend Toolkit (Super Kit) introduces a versatile approach to trend analysis by extending the application of the SuperTrend indicator to a wide array of @TradingView's built-in or Community Scripts . This tool facilitates the integration of the SuperTrend algorithm with various indicators, including oscillators, moving averages, overlays, and channels. ...
Market Sessions Indicator Overview: The "Market Sessions" indicator is a powerful tool designed to enhance traders' insights by providing comprehensive information about key market sessions, daily high/low values, and important exponential moving averages (EMAs) directly on the trading chart. Key Features: Market Sessions Display: Visually represents...
Multiple Time Frames (MTFs): The indicator allows you to view linear regression trends over three different time frames (TF1, TF2, TF3) simultaneously. This means a trader can observe short, medium, and long-term trends on a single chart, which is valuable for understanding overall market direction and making cross-timeframe comparisons. Linear Regression...
Volatility Trend Bands | Moving Averages | Adaptive Bands | Volatility | Smoothing (+) Built using Pine Script V5. Introduction The Volatility Trend Bands indicator is a trading tool designed for trend analysis and market volatility visualization. It integrates multiple moving average types, offering traders a customizable trend visual. Inspiration and...
The script plot the normal top and bottom Bollinger Bands and from them and SMA 20 it finds fibonacci logarithmic levels where price can find temporary support/resistance. To get the best results need to change the standard deviation to your simbol value, like current for BTC the Standards Deviation is 2.61, current Standard Deviation for ETH is 2.55.. etc.. find...
█ Introduction and How It Is Different The "RMI Trend Sync - Strategy " combines the strength of the Relative Momentum Index (RMI) with the dynamic nature of the Supertrend indicator. This strategy diverges from traditional methodologies by incorporating a dual analytical framework, leveraging both momentum and trend indicators to offer a more holistic market...
This Indicator allows for a ‘Optimal Length’ to be inputted within the Settings as a Source. Unlike most Indicators and/or Strategies that rely on either Static Lengths or Internal calculations for the length, this Indicator relies on the Length being derived from an external Indicator in the form of a Source Input. This may not sound like much, but this...
From Adam H Grimes: "Introducing a New Tool: The MAC Spike" Mean Absolute Change Spikes (“MAC Spikes”). Here are the steps to calculate it: -Convert each day’s closing price to a change (difference) by subtracting it from the previous day’s closing price. -Take the absolute value of that change. -Average the past 20 days absolute values to create the...
This indicator was created with the idea that if everyone trades, it will move in that direction, i.e., it will repeatedly converge on an unaware area. The unaware area is defined by calculating the difference between the high and high of the current bar and the previous bar, and the low and low of the current bar, and then plotting the maximum and minimum values...
Relative Volatility Measure (RVM) Indicator for TradingView Description: The Relative Volatility Measure (RVM) is an innovative trading indicator developed for TradingView. It offers traders a detailed perspective on market volatility, effectively combining short-term and long-term volatility signals. By scaling the volatility on a 0-100 range, the RVM provides...
This indicator presents a comprehensive view of the historical candle data within user-defined body percentage ranges. Each column represents a specific body size percentage threshold, starting from as low as 0.01% and extending up to 20%. The rows categorize candles by their closing and opening price differences, effectively sorting them into green (bullish)...
BandPercentile | Bollinger Band Analysis | Bandpass Filtering | Customizable (+) Built using Pine Script V5. Introduction The BandPercentile indicator is a technical analysis tool that improves the traditional Bollinger Bands as a Percentile concept. Inspiration and Evolution The BandPercentile was born of the simplicity of calculating the Bollinger Bands...
The Donchian Trend Signals is an indicator developed to help traders identify the current trend direction and potential liquidity grabs. The usage of the indicator is very simple, on the chart you'll see a modified version of the classic and popular Donchian channel, calculated using the closing prices, that changes the color of the average middle line to...
The Detrended Price Rate of Change is an oscillator developed to help traders identify potential conditions of overbought and oversold markets. The formula of the oscillator includes both the Detrended price formula, useful to spot divergences, and the Rate of change simplified formula, which helps in identifying overextended markets and gives useful information...
" The 'Donchian Channel Percentage ' (DC%) indicator, developed for TradingView’s Pine Script Version 5, is a unique tool designed to measure the current price’s position within the Donchian Channel. The Donchian Channel, a popular indicator in technical analysis, is defined by the highest high and the lowest low over a user-specified period. Key Features : ...
The " Keltner Channel Percentage " (KC%) indicator, designed for TradingView's version 5 language, offers a unique perspective on market volatility and trend analysis, similar yet distinct from the well-known Bollinger Bands Percentage (BB%). Audience and Applications: This indicator is suited for traders who prefer a volatility-based approach but seek a...
I would like to present to you an indicator that I think is missing. It is based on the ROC indicator (RATE OF CHANGE). The ROC indicator is a measure of the rate of change in the exchange rate, as its name implies. From which the angle of the slope of the change can be calculated. This angle is displayed on an oscillator. The value of the oscillator can thus...