This Strategy is based on 8 EMAs and the RSI ( 14 Length ) Its algorism check for the trend of the market using crossover EMAs, then it waits for a 38% - 50% pullback. During this Pullback it checks the behaviour of the EMAs by making sure consolidation is coming to and end by checking if the red EMA cuts through certain candle bodies. Then it detects a takeover...
Hello, I am super excited to be releasing this Ticker Correlation assessment indicator. This is a big one so let us get right into it! Inspiration: The inspiration for this indicator came from a similar indicator by Balipour called the Correlation with P-Value and Confidence Interval. It’s a great indicator, you should check it out! I used it quite a lot...
One of the key features of this BB%B is its ability to highlight overbought and oversold conditions. This allows you to make informed decisions on when to enter and exit a trade, helping you maximize your profits and minimize your losses. - Bollinger Bands %B with the ability to change to a different Time Frame.(Defaults to current Chart Time Frame). - Ability...
In this strategy, we define the high and low of the previous candle, and then check whether the current candle's high or low is higher or lower than the previous candle's high or low, respectively. If there's a new high, we enter a long position, and if there's a new low, we enter a short position. We also set exit conditions to close the position if the price...
This Pine Script code is a trading strategy that uses several indicators such as Fisher Transform (FTR), On-Balance Volume (OBV), Relative Strength Index (RSI), and a Weighted Moving Average (WMA). The strategy generates buy and sell signals based on the conditions of these indicators. The Fisher Transform function is a technical indicator that uses past prices...
This is an Indicator which identifies different Trading Zones on the chart. This should be Primarily used for Long Trades. Trading Zones: and the Reasoning behind them Long Zone -> One can do a Potential Entry (Buy) when this Zone is identified, but one could also wait for 'Entry Zone' (explained next) for a better Risk/Reward Trade. Long Zones are...
Hello traders! In today's post, we're going to delve into a powerful custom indicator called Price Level Stats (PLS). This indicator combines the functionalities of Arbitrary Price Point Probability (APPP) and Bar Movement Probability (BMP) to create an easy-to-use tool that displays price levels and their corresponding probabilities based on percentage steps away...
Sebastine Trend Catcher captures trends in any time frame in a very simple fashion. Green line crossing up above the signal zero line is uptrend. Red line crossing down the signal zero line is downtrend. The indicator line is presented by default as a step line, which gives an idea on how the trend moves inside the bigger trend. But it should be specifically...
The Simple Moving Average Slope indicator (SMAS) is a technical analysis tool designed to help traders detect the direction and strength of the current trend in the price of an asset. It is also a great tool for identifying sideways markets. The indicator plots the slope of a simple moving average (SMA) of the closing prices over a specified time period. The slope...
This is a simplified version of Kalman RSI by onegreencandle. Simplifications: It shows the indicator for a single configurable length with a default of 14. It does not color by region. It allows selecting the source, with a default of close . The version by onegreencandle uses ohlc4 instead. Note that both versions also use high and low . It...
The Broadview OBOS Heatmap is a new indicator that takes commonly used oscillators and transforms them into a powerful heatmap, providing traders and investors with an unparalleled level of insight into market trends and cycles. With the ability to visualize 15 different oscillators all at once, the Broadview Overbought & Oversold Heatmap offers users the ability...
The Moving Averages Suite is a powerful technical analysis tool that provides traders with unparalleled control over five different moving averages and two special moving average indexes. This suite is designed to provide traders with a comprehensive understanding of market trends and help them make more informed trading decisions. By default, the Moving Averages...
This indicator recursively finds the average of all high/low medians under your chosen length. This can be very, very helpful for analyzing trends where a moving average or a normal median would produce a bunch of false signals. Settings: The "Length" setting is the maximum median that you want the algorithm to add into the sum. The "Start at Period" setting is...
The True Oscillator is an exceptional trading indicator that provides traders with highly accurate and reliable signals. While the RSI has been a popular indicator for decades, it has limitations, as it only considers closing price action which can be insufficient in providing a complete market trend analysis. The True Oscillator, on the other hand, has been...
USDT INFLOW TRACKER What does this script do? It looks for important inflow from USDT and write it below or above your chart. Does it matter? Yes because Tether with planned USDT inflow highly manipulate the crypto market. With this simple script you can study what and when something strange is going to happen on your favourite token. HOW IT WORKS? Pretty...
A must have tool for QQQ NDX NQ traders~!!! Description The QQQ NDX NQ Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes QQQ, NDX, NQ, and NAS100USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours...
It is two 2 year length sma's. One sma*5 another just sma. It is a long term investing tool with Valuation scores in a upper right corner. When price moves from a middle up scores decreas maximum to -1 in a near place to higher sma which usually a top of cycle. When price moves near to bottom sma score indcreasing to +1 maximum Visual reprasantation of...
A must have tool for SPY SPX ES traders~!!! Description The SPY SPX ES Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes SPY, SPX, ES, and SPX500USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours...