Variety Step RSI w/ Dynamic Zones is a stepped RSI calculation with Discontinued Signal Lines. This indicator includes 7 types of RSI to choose from. The addition of the Discontinued Signal Lines allows this indicator to better identify momentum shifts in price so traders have better defined long/short signals. Enhanced Moving Average Calculation with Stepped...
Say hello to the Previous Day Values Indicator, your new best friend in the world of trading. This script, written in the powerful Pine Script version 5, is designed to keep you informed about essential price levels from the previous day's trading session, right on your TradingView chart. Here's how it works: The script creates horizontal lines on your chart to...
The "Cumulative Trend" indicator is designed to provide insights into the cumulative price trend while considering volume and volatility. It aims to identify potential shifts in the trend based on the relationship between price changes and these factors. Let's break down the steps involved: In the code, the term "previous" refers to the average of the previous...
The code calculates the "Price Coefficient" (PC) and "Volume Coefficient" (VC) for three different lengths. PC is calculated by taking the difference between the current price (close or TP) and the simple moving average of the price, divided by the mean absolute deviation around the (MAD) of the price. VC is calculated by dividing the current volume by the simple...
The Trailing Stop Loss SuperTrend indicator is a popular technical analysis tool used by traders to identify trends and determine optimal entry and exit points in financial markets. This indicator combines elements of the SuperTrend indicator and trailing stop loss orders to provide valuable insights into market trends and potential reversals. By incorporating...
The Earnings Yield Spread might offer an investor some insight into areas of value. Earnings yield is the ratio of Diluted earnings per share over the trailing twelve months (TTM) to the company’s share price. Earnings yield shows how much the company has earned per share as a percentage of its share price. It shows investors how much yield they are getting in...
- Introduction and How it is Different The SuperTrend Enhanced Pivot Reversal is a unique approach to trading that combines the best of two worlds: the precision of pivot reversal points and the trend-following power of the SuperTrend indicator. This strategy is designed to provide traders with clear entry and exit points, while also filtering out potentially...
What Is the Average True Range (ATR)? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period. Each instrument per unit of time passes its average...
What Is the Average True Range (ATR)? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period. Each instrument per unit of time passes its...
Introduction: The Breakout Filter is a technical analysis indicator designed to identify potential breakout trading opportunities in the financial markets. It combines breakout conditions based on price and volume with the visualization of Exponential Moving Average (EMA) lines. This indicator can be a valuable tool for traders seeking to capture breakout...
The Binary Option strategy backtester gives the user extensive power to test any kind of strategy with advance trade management rules. The strategy tester accepts external scripts as strategy sources. You can add your strategy and test it for historical stats. Few assumption regarding strategy tester: We are opening position at next candle after signal come ...
This simple script base on function of Pivot High Low to plot Support and Resistance Zone on chart with detail as below: 1. Support Zone + New Pivot Low is plotted + New Pivot Low lower previous Pivot Low + Upper Line of Support Zone is previous Pivot Low + Lower Line of Support Zone is new Pivot Low 2. Resistance Zone + New Pivot High is plotted + New Pivot High...
Introducing the "Fair Value Gap" indicator, a powerful tool designed to identify and visualize areas of potential market gaps where leftover orders may reside. This indicator utilizes price action analysis, specifically focusing on fair value gaps that occur between the current candle and the candle two bars prior. The Fair Value Gap indicator draws customizable...
The indicator is designed to identify and signal instances of high volume and engulfing candles near three Exponential Moving Averages (EMAs): the 21EMA, 50EMA, and 200EMA. It can be used in various financial markets such as stocks, forex, commodities, or cryptocurrencies, as long as the market data is available on the TradingView platform. Here's a breakdown of...
Price Legs: Average Heights; 'Smart ATR'. Consol Range Gauge ~~ Indicator to show small and large price legs (based on short and long input pivot lengths), and calculating the average heights of these price legs; counting legs from user-input start time ~~ //Premise: Wanted to use this as something like a 'Smart ATR': where the average/typical range of a...
This script displays quarterly earnings per share (EPS) and sales data, and their year-on-year percentage change. The script builds upon the Volume Price and Fundamentals script by Mohit_Kakkar08 and improves upon the array functions to keep the code light-weight & the output as accurate as possible. This script uses diluted EPS data for calculating the...
This script is used decide weather stock is overbought or oversold in given length/days from the settings. using close difference from ohlc4 moving average ratio. Settings Available 1) moving average length 2) Highest / Lowest ratio length 3) Difference Between Highest and Lowest Line this script plot/display 4 lines 1) highest difference from moving...
This is upgrated system for Screener to DCA from "Grospector DCA V.3". This has 5 zone Extreme high , high , normal , low , Extreme low. You can dynamic set min - max percent every zone. Extreme zone is derivative short and long which It change Extreme zone to Normal zone all position will be closed. Every Zone is splitted 10 channel. and this strategy calculate...