This script is an interesting take on Convergence and Divergence of Moving Averages. With the built-in MACD Indicator, you cannot make these adjustments to the settings.
DESCRIPTION
The top Moving Average is calculated on the High of the candle.
The bottom Move Average is calculated on the Low of the candle.
If the two are moving apart (Divergence), the shaded...
There are several Linear Regression indicator in the Public Library, but I don't think there is one that converts the Linear Regression (LR) curve into angle in degrees, relative to a set reference frame. Due to the large price range between tickers, creating this indicator isn't as straight forward as I originally thought. For example, given the same time period,...
-shows week-on-week % change, and 10yr averages of these % changes
-scan across the 10yr averages to get a good idea of the seasonality of an asset
-best used on commodities with strong seasonal tendencies (Gold, Wheat, Coffee, Lean hogs etc)
-works only on daily timeframe
-by default it will compare SMA(length) in the following way, BTC: Sunday cf previous Sunday...
Volatility and Fibonacci table helps to identify support and resistance for the day/week. Similarly, the CPR (Central Pivot Range) table helps to identify the support and resistance for the day/week. Additionally use SUpertrend and EMA to identify trends.
Disclaimer:
This indicator is for educational or study purposes. There is no recommendation to buy or sell...
This is a modification of CM_Williams_Vix_Fix indicator to include both market tops and bottoms with multi-timeframe support. The original indicator only finds market bottoms.
All credits go to the original author ChrisMoody.
Original script link
Working:
The histogram above 0 signifies the trend of market going UP and the histogram below 0 signifies the...
█ OVERVIEW
The ahr999 index is very suitable for long-term value investors in Bitcoin.
When the index is above 1.2, it indicates that the price of Bitcoin is rising in a bull market.
When it is below 1.2, it indicates a reasonable cost averaging interval for investment.
When it is below 0.45, it indicates that the price of Bitcoin is underestimated and...
MAGIC MACD ( MACD Indicator with Trend Filter and EMA Crossover confirmation and Momentum). This MACD uses Default Trading view MACD
from Technical indicators library and adding a second MACD along with 3 EMA's to detect Trend and confirm MACD Signal.
Eliminates usage of 3different indicators (Default MACD , MACD-2,EMA5, EMA20, EMA50)
Basic IDEA.
Idea is to...
Displays (and alerts) abrupt changes in volume, by default it compares previous candle volume to the current one but average volume over custom look-back period can be specified. Simply adjust filter to the volume change (or average volume) required before visual indication and alert will fire.
The theory is that large changes in volume forecast the future...
This simple script creates a moving average system weighted by volatility. The moving averages are less sensitive to price action than the typical moving averages we use, and their crossovers can be used to identify extended trends.
I've colored the background depending on trend. Ideally in the future, I'll draw long or short signals on-chart depending on the...
This tool is using for calculating Target Value(N,V,E prices) by only clicking on a chart.
There is several points which makes it better.
Decrease the number of times of clicking.
Calculator needs a reset button, it's like loop structure. Push the reset and function again.
Plot percentages which it compare closing price and Target Value(N,V,E prices) on a...
Shows Economic Events for possible trade setups. Different events like GOP and CPI. It also works in a way if you want to avoid a trade based on the news.
On the left window shows ETH MAs on RTH session. On the right, shows RTH MAs on ETH session. Both RTH & ETH MAs can be displayed together at the same time if needed.
This indicator allows you to display RTH & ETH MAs on either RTH or ETH. For fast MAs, RTH & ETH version will converge earlier & be the same. ETH MAs are faster responding as they take into...
When plotting columns, histograms, etc. You'll notice that the indicator does not stick to the bottom of the pane. To fix this, you need another indicator (we'll call this 'placeholder') in the same pane as this indicator. Pin the placeholder indicator to the left scale, & pin the main indicator to the left scale. Then, pin the placeholder indicator to scale...
🎲 Concept
Zigzag is built based on the price and number of offset bars. But, in this experiment, we build zigzag based on different bands such as Bollinger Band, Keltner Channel and Donchian Channel. The process is simple:
🎯 Derive bands based on input parameters
🎯 High of a bar is considered as pivot high only if the high price is above or equal to upper...
The default Average Directional Index (ADX) helps traders determine the strength of a trend, not its actual direction. The Clean ADX helps traders determine the strength of a trend on a longer time, and the possible direction on different timeframes.
The bidirectional Breakout Volume determines both directions of breakout or breakdown volume. When volume is high...
This is the Impulse indicator that allows you to receive alerts in the case one of the following situation occurs:
1) Buy Setup
- Price above Exponential Moving Average 260
- Moving Average 21 above Exponential Moving Average 260
- Moving Average 9 above Moving Average 21
- RSI(14) above 50
- Stochastic equal or below 20
2) Sell Setup
- Price below Exponential...
The source code provided is an implementation of a sinusoidal moving average (SMA) indicator for financial charting. The SMA is a variation of the standard moving average, where the weights of the data points are determined by the sine function. The indicator takes in two input parameters: "Data" which represents the data series to be analyzed, and "Length" which...
![COSM: RTH & ETH MAs [vnhilton]](https://s3.tradingview.com/2/2NVn5fhz_mid.png "RTH & ETH MAs [vnhilton]")
![SPY: Modified TradingView's Up/Down Volume [vnhilton]](https://s3.tradingview.com/r/RlifKs8v_mid.png "Modified TradingView's Up/Down Volume [vnhilton]")
![BTCUSDT: Channel Based Zigzag [HeWhoMustNotBeNamed]](https://s3.tradingview.com/q/QWj7mtEF_mid.png "Channel Based Zigzag [HeWhoMustNotBeNamed]")
