Description: An indicator based on ATR adjusted for volatility of the market. It uses Heikin Ashi data to find short and long opportunities and displays a dynamic stop loss level. Additionally, it has alerts for when the trend changes (which is an entry signal). How it works: It works by dynamically calculating the Period for ATR which depends on current...
This experimental moving average references the highest percent distance from source to historical output The length is adapted by - tightening as the source and output distance grow - loosening when the output has caught up. Can be used "indicator on indicator" as a smoother or stabilizer.
Do you have a difficult time remembering high-impact news events throughout the trading week? Now there is an indicator that allows the user to put labels directly on their charts at specific times in the future so news events won’t sneak up on the user. Description The “High Impact News” TradingView indicator by Infinity Trading gives the user complete...
This script simply displays the ratio of "Dollave Volume (Volume * Close)" to "Market Capitalization(Total Shares Outstanding * Close)" of stock. Formula = (DollarVolume / MarketCap) * 100
How do I use it? Never use this indicator as standalone trading signal, it should be used as confluence. It is highly recommended to use this indicator on the 15m timeframe and above, try experimenting with the inverse feature and multipliers as well. When the price is above the moving average this shows the bullish trend is strong. When the price is below...
I took the formula of the fibonacci from LonesomeTheBlue and made this script. You can take a look at his indicator here: When you first add the indicator on the chart, click on the chart to select the first date and then the second date. It will then calculate the fibonacci support and resistance of the range you choose. You can also choose the date inside the...
How is this different? After reviewing a handful of session zone based indicators I decided to create this one not seeing exactly what I wanted, even this one only comes partially to my goals. This indicator will add session coloring on the chart in a vertical orientation, up to five sessions currently can be utilized. Timezones can be supplied that are...
💡 Objective This script is a rebuild of the pre-existing ATR indicator, with improvements and fine-tuning. 🪄Improvements 1. Normalization option (range 0 to 100) 2. Optional calculation of the ratio between current volatility and average volatility 3. Optional smoothing 4. Show a moving average 5. Show Bollinger Bands with 3 bands 6. Change bar...
This script is meant for stocks that have a pre-market session. It is meant to be used on the 1 min time frame. This script will draw a green line at the high of pre-market, and a red line at the low of pre-market and extend these lines across the regular session day This makes it easy to see if price action during regular market has broken above pre-market high...
A trading range which is formed during the first three trading day of any month sets an important "Month Opening Range". The lowest price made during the first three trading days can be considered the Monthly Support level (see the green line drawn by the indicator). The highest price made during the first three trading days can be considered the Monthly...
Hello traders, This is a script I use daily as a scalper and it helps me a lot, maybe it can help you, this is why I am sharing it! PART 1 - DESCRIPTION This program is specifically designed to help scalpers but can be used for all types of trading but won't be as useful. This script is what I call an entry helper as it calculates dynamically the position size,...
This indicator uses bands to show the trend of other bands. The middle bands are used to show the price trend and the other bands are for the middle bands. The Spike and Plunge bands can also act as a sort of "Bollinger Bands" for middle bands, though not exactly. ----- HOW TO USE IT ----- Zoom out in the 30 minute chart. Use 15 minute chart to pinpoint your...
How do I use it? Never use this indicator as standalone trading signal, it should be used as confluence. When the price is above the moving average this shows the bullish trend is strong. When the price is below the moving average this shows the bearish trend is strong. When the moving average is purple, the trend is bullish, when it is gray, the trend is...
This indicator shows more reliable overbought & oversold levels buy combing 3 different level-indicators (i.e., indicators showing overbought/oversold levels). A median is created by adjoining two of them and then it is assisted by a third one. This reduces noise in calculating entries when using level indicators. Note: The extra indicator shown is "Bands Bands...
Midnight Open shows opening price of the first candle after New York Midnight. According to ICT, this is what IBPDA - Inter Bank Price Delivery Algorithm - sees as a true market opening and we should aim for shorts above it (sell for premium) and longs below it (buy at discount).
This indicator plots out the time periods and open lines as outlined in ICT's 2022 Mentorship and is designed specifically for the New York futures trading session. Time zone is set to GMT-4 (NY) by default but can be changed for accommodate daylight saving in the menu. Please note this indicator is to be used only on the 30min timeframe and below. Here are its...
This chart display how value change of (low,high,close,open) is considered as a factor for buying or selling. Each element take same weight when consider the final price. The price change over a certain threshold would be the decision point (buy/sell) Factors considered in this chart 1.Quotes: High,low,close,open,volume. If one of them higher than previous day,...
This indicator shows real-time current day-to-day performance of 18 different indices and commodities . Here is the list of different sector ETFs that this indicator tracks /////INDEX////// 1. BİST-100 - XU0100 - TR- Index 2. BİST-30 - XU030 - TR - Index 3. VİOP-30 - XU030D1! - Index 4. DJI - Dow Jones - Index 5. DAX - DAX Index 6. VIX - Volatilite S&P...