Large volume is meaningful that usually the current price above the highest price of the bars with largest volume usually means uptrend in the short-term.
In the opposite, below it means downtrend.
I coded this indicator to save the efforts to compare it, make it easily to tell the uptrend/downtrend by above/below and color.
Hope you guys enjoy it, and welcome to...
Here you can choose to plot 3 different ATR values in 1 window. I use this indicator to get the values of my stop loss and take profits.
You can change the multiplier value for each ATR Line and the length of the base ATR.
Ty
Original from www.tradingview.com I just added BB
Cumulative Force Indicator. Can also be seen as an OBV indicator that takes the price differences into account. In a regular OBV, a high volume bar can make a huge difference, even if the price went up only 0.01, and it it goes down 0.01 instead, that volume makes the OBV go down big time, even though in both...
When the session ends, built-in VWAP connects the line to the open of a new session. This transmission from session to another session very ugly. My script solves that.
Cumulative distribution function (tScore and zScore)
This script provides the calculation of the cumulative distribution function (i.e., probability). The measure allows you to calculate the chances of a value of interest being above or below a hypothesized value over the measurement period—nothing fancy here, just good old statistics and mathematics. The closer...
The Relative Strength Index (RSI) , developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements.
• Traditionally the RSI is considered overbought when above 70 and may be primed for a trend reversal or corrective pullback in price, and oversold or undervalued condition when below 30. During strong trends, the RSI...
This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
Institutional investors have a profound impact on financial instruments prices because of the large volume, and their trading activities can greatly impact the price of financial instruments. They sometimes may split trades over time in order to not make a material impact and of course not to decrease liquidity to the point where there may be no one to take the...
This is the Indicator which will enhance finding Buying and Selling opportunity on any market.
Mostly suited for day Trading and some indicator can be used for signalling stock on longer time frame.
Indicators used to create this strategy is as follows:
- Exponential Moving Average (EMA)
- Supertrend
- Volume Weighted Average Price (VWAP)
- Exponential...
This indicator shows volume separated by session. The aim is clarify which session a volume bar occurred in and how it compares to the average of that session - NOT ALL SESSIONS.
The logic is that there is little value comparing for example the volume of the London session against volume of the London-NY session - the London-NY will always have higher volume....
Volume Bars colored to make it easy to read with Volume Spread Analysis Indicator.
1. Red - Volume less than Simple Moving Average
2. Blue - Volume higher than Simple Moving Average
3. Black - Maximum volume of last Max_Count bar (default = 40 bars)
Additionally, you can plot Moving Average, Linear Regression and MACD of volume.
M4x is a combination of RSI and Fibonacci components, set up with fixed values, so no worries about "original" settings...
Recommendet Bot settings:
- use one short and one long bot
- take profit 0.5%
- 6 simul trades
- 3 security orders, VolScale 1.5, StepScale 1.4
- Deviation 0.35%
- cooldown 780sec
Alerts:
- aproved Buy
- aproved Sell
- heartbeat (..check if...
As promised, here is Rain On Me Indicator V2! As the name suggests, this indicator will rain money down on you. More seriously, Rain On Me V2 is a complete overhaul of the V1.
For those who are new to this indicator or for those who already knew it, here is a complete description of this indicator.
This indicator contains:
-Fully configurable multi-timeframe buy...
