––––HISTORY & CREDITS 🏦 This indicator is based on Raghee Horner's Daily Price Movement Ranges (DPMR) concept. Raghee Horner, member of the Simpler trading community, is a renowned trader, educator, and author who specializes in forex and futures markets. She has shared her unique perspective on trading and the markets in several books and courses, and this...
This is a tracking tool to measure two different kinds of distances: - Gaps, from the open/close or the high/low value to the nearest open/close or high/low value. - Price extensions of one or two candles from a preferred starting point (open, high, low or close) to a final point (open, high, low or close). The two-candles mode includes an optional rectangle to...
The Moving Average Gradient Indicator uses multiple Moving Averages to create a gradient. It creates continually more faint MAs, filled upwards or downwards to the price at a certain opacity. It can be used efficiently for stocks, forex, crypto, and more. This indicator combines numerous Moving Averages of your choice, a few of which include: EMA SMA ...
Relative volatility highlights large changes in price. This was designed to be used with my relative volume indicator so that traders can see the effect of volume on price action. It is also a good tool to analyse breakout patterns to identify best entry points and waves. Above shows relative volatility and relative volume working together.
Directional Movement Indicator: +DI and -DI I changed the color of the bar bars according to the crossed of +DI and -DI . It helps us to have an idea of whether the trend is continuing or not. +DI crossover to -DI barcolor is Aqua, if not bar color is Red. It also helps us to find the lowest and highest points of the graph according to the positions of Adx +DI...
This indicator is designed to pick up changes in volatility before it happens. It also shows current volatility, as price action drops the blue lines contract. The script uses the blue lines to locate spikes in volatility. Example of dump revealing itself with plenty of notice. Here large changes in price action are shown when the white lines spike....
This indicator gives you the percentage movement of each candle. Measurements are taken between the candle High point and Low point, and also between the Open and Close and calculated in percent %. From there it smooths out the data with a moving average. This gives you an idea of how much volatility is within each candle given the time resolution of the chart. I...
A way to find if price made a big move in a user input given amount of time ago. If it made a move more than the given percent amount, a colored zone will be placed until a given amount of length finishes taking place, and then it will stop coloring the zone. This helps filter out or find stocks that are making or have made too big a price move or were too...
English Name: DisplayPriceMoveThresholds-by-STTA - This study shows symbols in chart where a defined price movement percent threshold between a configurabele range of current bar and historic bar is exceeded. - This information can be used to backtest possible PUT and CALL strike distances for option trading. - User can configure if rising or falling or both...
Inspired by the user scarf from Tradingview. In contrast with that other indicator, this one instead of a simple moving average (SMA) for the ADX calculations, uses a running moving average (RMA) or also known as Wilder's Average. I like having a histogram for the DI lines over just having lines alone because it makes it easier to see. In addition I made it so...
English Inspired by the book "The Commitments of Traders Bible" by Stephen Briese, this indicator is a follow-up of my already published "Commercial Index-Buschi". Here, the Commercial Index isn't shown in values from 0 to 100, but in how far the value changed from a given timeframe (default Movement Reference: 6 weeks). Therefore it ranges from 100 (bullish move...
Indicates the daily high and low drawn by green and red lines. Fill blocks indicate the average value movement relevant to the previous day. Green fills indicate that the value is moving higher than the previous day and red meaning lower. NYSE:BA
This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. 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...
This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. 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...
This script shows average absolute values of the open minus close (or largest of open to high/low if option is selected), for each hour of the day. It can be used to find high and low volatility hours for strangles and butterflies. You must have the daily time frame selected for it to work properly. The "mul" multiplier will show "whole pips" (i.e. 10 instead of...
An alternative version of the built-in Net Volume indicator made on user request.
A plot of 6 SMA's grouped by 3's for short and long views of trading patterns.
The Average Directional Movement Index Rating (ADXR) measures the strength of the Average Directional Movement Index (ADX). It's calculated by taking the average of the current ADX and the ADX from one time period before (time periods can vary, but the most typical period used is 14 days). Like the ADX, the ADXR ranges from values of 0 to 100 and reflects...