Similar to how a donchian% of channel helps to visualize trend and volatility, this tool helps identify those same characteristics, if the oscillator is generally above the 50 mark, it is considered to be trending upwards, and the reverse if it is generally bellow 50.
This indicator serves to display the standard deviation model based on open price from the selected anchored timeframe. Per statistics the price may stay within the three sigma range most of the time, most significantly within first sigma range 68% of the time. If price breaks the statistical probabilities and out of the three sigma range entirely it could be...
This volume indicator uses a long WMA to establish an average volume and calculates the standard deviation based on that average. Each deviation level from 1 to 3 is also plotted with the bar color gradually increasing in intensity when more than one standard deviation is exceeded.
Hello everyone, First of all, what is deviation? It can be said that the price goes down (or goes out) under the past pivot zone and enters the range again after lingering for a while. (I think so) I think there is a sign of trend reversal as it hunts the stops below (or above) the pivot zone as well. (RektProof also has a strategy for this.) In this indicator,...
Price change indicator in the form of diagonal rows. The calculation is based on the percentage or tick deviation of the price movement (indicated in the "Deviation" parameter), which is displayed on the chart in the form of rows. The row consists of the base middle line, upper and lower limits: - The middle line is the basis for the upper and lower limits of...
Multi Timeframe Volume Weighted Average Price with Standard Deviation Bands I used the script "Koalafied VWAP D/W/M/Q/Y" by Koalafied_3 and made some changes, such as adding more standard deviation bands. The script can display the daily, weekly, monthly, quarterly and yearly VWAP. Standard deviation bands values can be changed (default values are 0.618, 1,...
This indicator visualizes in a straight forward way the distance price is away from the mean in absolute standard deviations (Z-score) over a certain lookback period (can be configured). Additionally I've included a moving average of the distance, the MA type can be configured in the settings. Personally using this indicator for some of my algo mean reversion...
This strategy is specially designed for the wunderbit trading platform. When the strategy entries are entered in accordance with the wunderbit commands, the orders will be automatically transmitted to the wunderbit platform. It is available for free for a short time. This strategy is an algorithmic trading strategy that is created according to the deviation...
This strategy is an algorithmic trading strategy that is created according to the deviation movement of the price movement in a certain time period depending on the determined standard deviation rate of the price. The method used is quite simple. What makes the system special is the strategy method created by using the right chart type in the right time frame of...
a basic tool to retrieve statistics of the distribution of price range sequences.
Introduction Templeton Peck Strategy Version . Bring your A-game to the market in A-Team style with DMT Templeton Peck – you’ll love it when this plan comes together! Using customized standard deviations between historic price action ranges and volume metrics, DMT Templeton Peck enables traders to never miss a change in trend. In its default state, the DMT...
For the best results, make sure to view this indicator on a bitcoin chart with a very long history (e.g. BNC:BLX)! This model treats Bitcoin as being comparable to commodities such as gold, silver or platinum. These are known as ‘store of value’ commodities because they retain value over long time frames due to their relative scarcity. It is difficult to...
This strategy is an advanced version of the Loft Strategy V1, I shared earlier. (Loft Strategy V1 consists of a kalman filter (by alexgrover ) and a "stop and reverse" line which is following and the kalman filter. If the price goes in the same direction as the position side, the "stop and reverse" line approaches the kalman filter as set on the "Approach...
Linearly weighted standard deviations over linearly weighted mean. The rationale of the study can be deduced from my latest publications where I go deeper into explaining the benefits of linear weighting, but in short, I can remind that by using linear weighting we are able to increase the information gain by communicating the sequential nature of time series to...
TWAP with: - Anchoring: Custom, Day, Week, Month, Quarter, Year (custom anchoring can be selected by dragging a vertical line through the chart) - Standard Devation Bands - Auto-coloring depending on the trend
The Ergodic Mean Deviation Indicator was created by William Blau and this is a hidden gem that takes the difference between the current price and it's exponential moving average and then double smooths the result to create this indicator. This double smoothing of course creates a lag that allows it to give off a sustained buy signal during a bullish trend and vice...
Hello Traders, Today I'm releasing an updated version of my previous Top & Bottom Finder (M.Right_Top & Bottom Finder 1.0). The timing of this release couldn't be more perfect with everyone trying to 'find the bottom'. And the increased volatility that we've been seeing as of late. Essentially, my indicator uses volatility and standard deviations among other...
Creates a 'Time-of-Day' Deviation cone starting from the first bar of the session based upon data from previous days.