TL;DR - An average true range (ATR) based trend ATR trend uses a (customizable) ATR calculation and highest high & lowest low prices to calculate the actual trend. Basically it determines the trend direction by using highest high & lowest low and calculates (depending on the determined direction) the ATR trend by using a ATR based calculation and comparison...
Overbalance script tracks trend moves and biggest corrections in those moves. Based on last trend extreme value (low or high) it can draw line symbolizing correction equal to the biggest correction in that trend. It can track up to 20 independent (both up and down) trends on one chart. Overbalance method works on an assumption that trend continues until we...
The "CARNAC Magic DCA" indicator is designed for investors looking for the best opportunities for Dollar-Cost Averaging (DCA). How it works: The Carnac Dynamic DCA Threshold calculates a dynamic threshold for DCA entries using Exponential Moving Average (EMA), Average True Range (ATR), and the maximum distance from the EMA over a full lookback period, aiding...
What it does: Finds the ratio of BTC price to the Hash Rate with an additional MA applied to find changes in volatility with relative context. Best used as a two lines cross indicator. When the ratio of price to hashrate increases, it may be a sign miners cannot or will not sell as much. When the ratio decreases, it may indicate miners have more capability...
This script calculates the dispersion of a basket of 5 FX pairs and then calculates the z-score the z-score is then made into a composite using the 30 and 60 ema of the z-score to smooth any noise. It must be used on one of the FX pairs in the basket and on the 1-minute timeframe as it has been hardcoded for 1 min use below. Interpretation - Dispersion is a...
In the dynamic landscape of financial markets, the Adaptive Trend Finder (log) stands out as an example of precision and professionalism. This advanced tool, equipped with a unique feature, offers traders a sophisticated approach to market trend analysis: the choice between automatic detection of the long-term or short-term trend channel. Key Features: 1. Choice...
The Wave Period Oscillator (WPO), developed by Akram El Sherbini, is a sophisticated technical analysis tool that offers traders a dynamic way to interpret market cycles. Its design is inspired by the natural ebb and flow of markets, which often follow cyclical patterns driven by underlying economic, political, and psychological factors. The oscillator's unique...
The WaveReader is an algorithm that works out a strategy using various indicators that have been reconfigured and as soon as certain areas/goals/triggers have been reached, this is visualized as a sell or buy signal (large triangles) The indicator also uses the Smart Money Concept (Expo) by @Zeiierman which has been reconfigured and adapted from his open source...
The Market Trend Indicator (FinnoVent) is a comprehensive trading tool designed to provide clear visual cues for market trends on TradingView charts. This indicator combines the principles of Exponential Moving Averages (EMAs), Bollinger Bands, the Average Directional Index (ADX), and the Relative Strength Index (RSI) to offer a nuanced view of market...
Why the Digital Market Insight’s Dream Indicator Blends Sixteen Technical Indicators Analyzing markets can be overwhelming with so many technical indicators available. Choosing the right ones and combining them effectively can be a challenge. This indicator simplifies this by leveraging the power of collaboration. Unleashing the power of automation, Digital...
The "Cloud Channel Indicators " script forms an integral part of a sophisticated trading approach, offering in-depth market analysis through its High Precision Oscillator and Trend Bias Indicator. These components provide traders with nuanced insights into market momentum and overall trend direction, making them invaluable for informed trading decisions. This...
I'm using this platform from sometime and I carry out trading on Gold, using a kind of scalping strategy. Scalping is not an easy task to do. Personally I found a lot of problems while detecting the trend direction. So I decided to develop an indicator that is capable, in a discrete way, to give an instant-view on the market that is interesting. This indicator can...
This script is an advanced trend analysis indicator crafted for traders who seek a detailed and customizable view of market trends across multiple timeframes. This tool utilizes exponential moving averages (EMAs) to offer insights into market direction and momentum. Key Features: Multi-Timeframe Analysis: MTEMA-Tracker covers a wide range of timeframes,...
🌈 "Rainbow Fibonacci Momentum - SuperTrend" Indicator 🌈 IMPORTANT: as this is a complex and elaborate TREND ANALYSIS on the graph, ALL INDICATORS REPAINT. Experience the brilliance of "Rainbow Fibonacci Momentum - SuperTrend" for your technical analysis on TradingView! This versatile indicator allows you to visualize various types of Moving Averages, including...
The "MacroTrend Vision" indicator is crafted with a singular goal – to provide traders with a quick and insightful snapshot of a country's global index. Seamlessly combining macroeconomic and technical perspectives, this tool is designed for those seeking a straightforward yet comprehensive overview. Let's explore the key features that make the "MacroTrend Vision"...
A traditional candle only has two colors, either green or red. A TL candle goes one step further, it has three colors: green for bullish (perfectly bullish), red for bearish (perfectly bearish), and yellow for ranging (wake-up, sleeping). A green TL candle means that its close is not only higher than its open but also higher than previous close, previous open and...
The "Velocity and Acceleration Signals" indicator is a versatile tool designed to provide traders with valuable insights into price momentum and acceleration. By harnessing the power of mathematics and visualization, this indicator helps traders make informed decisions in the fast-paced world of financial markets. Crunching the Numbers: How It Works At its...
█ Overview: The MA Slope calculates the slope based on a given moving average. The Moving Average Slope indicator allows you to identify the direction and the strength of a trend. It calculates the rate of change in percentage based on the user-defined moving average. █ Calculation: This indicator calculates the slope based on the changes of moving average and...