The Trend Risk Indicator is a simple bands indicator made of 2 custom averages of candlesticks ranges calculated within the variable “ BandBars ” period. Upper and lower channel bands width can be adjusted with the “ Deviation ” variable, which act as a simple factor to enlarge the spread between them. When Close crosses over the upper band, it is a bearish...
"SHWR Bands" are designed for multiple types of traders such as scalpers, knife catching degenerates, swing traders, etc. The midline is based off of an Event Anchored VWAP ("eVWAP"?) instead of a periodic or period based one because that just doesn't make sense to me for a 24/7 market. The bands aren't regular stdevs, they're devs based off of something else...
The following script periodically plot ellipses to the chart, where the maximum height of the ellipses is determined by the price high of the user-selected time frame while the price low determines the minimum height of the ellipses. The selected time frame affects the frequency at which the ellipses are plotted, for example, a selected time frame of 1 week will...
This is a simple but powerful indicator. It calculates (selectable) moving averages separately from high , low and close . It can be used as support-resistance, trend or volatility indicator.
Projected support and resistance levels based on Fibonacci percentages of price ranges.
This is a more advanced version of my original mean reversion script. It employs the famous Bollinger Bands. This robot will buy when price falls below the lower Bollinger Band, and sell when price moves above the upper Bollinger Band. I've only tested it on the S&P 500, though you could try it out on other assets to see the backtest performance. During...
Reference: 200 section kaitan Bands 参考:200区間のkaitan Bands Changing the Bollinger Band's midline from SMA to EMA is not so good in terms of the standard deviation calculation formula, and it was hard to say that EMABB is an index that can be used by the author in different calculation formulas. This time, when I came up with the deviation, I came up with a method...
Anchored daily VWAP with adjustable standard deviation bands - intended for intraday scalping. Anchored VWAP is useful because not matter what timeframe you look at it on, it will look the same, unlike normal VWAP indicators. This means there's nothing left to interpretation.
Introduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements (200 day moving average), the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames. It's worth noting that as the market becomes larger and less volatile, the peaks are becoming less...
Identifies where relevant volume is (was). Recommended for 10m 15m timeframes.
Underworld Hunter + Base Zone is designed to keep traders out of ranging markets by establishing a "dead zone" between the bands where price may be choppy or trends may be short lived. The original Underworld Hunter from @greenmask9 adapted Bollinger Bands by changing the basis from SMA to the EMA of the EMA of the EMA. This version now allows the user to select...
This indicator shows a Key Level Support & Resistance level and VWAP that reset on your choice of the Bitcoin's halving date. Optional Key Calculation Mode: - Start with first (2012) or second (2016) halving date. - Start with first and reset on the second (Halving to halving mode) - Start with every next halving simultaneously (Halving + halving mode) Labels...
Bitcoin is the most well known digital currency, and allow two parties to make a transaction without the need of a central entity, this is why cryptocurrencies are said to be decentralized, there is no central unit in the transaction network, this can be achieved thanks to cryptography. Bitcoin is also the most traded cryptocurrency and has the largest market...
This is Keltner Channelz (KC) with Zero Lag Moving Average (ZLMA as base). It is smoother and has less lag than the original (EMA/SMA) variant. It also can be used as a trend indicator and trend confirmation indicator. The upper and lower bands are green if it is an up trend, and red if a down trend. If both have the same color it is a stronger trend.
This is a fun little project that allows you to anchor the Volume Weighed Average Price (VWAP) to a specific day and plot up to 4 standard deviations up or down. I've also added a Volume Weighted Moving Average (VWMA) plot and accompanying cloud to more easily visualize how volume-based momentum affects trends. Typically, you'll see price respecting the VWMA...
Everybody has heard of Bollinger banding right? Well, if you are looking for those, you have come to the wrong place. This is something very similar though! These are "Enhanced Exponential Deviation Bands" in the overlay panel employing PSv4.0, originally devised by Vitali Apirine for an article in TASC - July of 2019 Traders Tips. This indicator is freely...