The standard stochastic RSI gives limited information as it only contains two reference lines. This Stochastic RSI rainbow contains more lines in shorter timeframes and progressively fewer as the reference time increase. This is done in a FIB sequence 2,3,8,13,21,34,55.... The shorter timeframes are more reactive to current market conditions indicating recent...
I like trading the 1 minute and 3 minutes time-frames. I'm what is commonly called a "scalper". Long term investments yes, I have some, but for trading, I don't have neither the time, nor the patience to wait hours or days for my trade to be complete. This doesn't mean I discount the higher time-frames, no, I actually rely heavily on them. I found that EMAs do a...
This indicator is built off of the 1 hour time frame. I used the ZigZag indicator to get 500 data points on BTC since last april, ruling out <2% deviations in price. Taking those percentages, I ran them through an excel sheet and found which deviations were the most common. An up/down relationship I will call a rotation, there are 250 rotations derived from the...
INTRODUCTION This indicator is inspired from "Vitali Apirine (Stocks & Commodities V.36:5: Adaptive Moving Averages)" but I have used Volume filtering to in order to adapt trends more precisely for better trades. Volume adaption makes it better for adaptive moving average to detect trend health; making it easier to make decisions based on market strong...
Rate Of Change Percentile calculates the current ROC (user defined length) as a percentile rank. We use 2 separate arrays, one for all positive ROC values and one for all negative values within a defined lookback period. Then the current ROC value is compared to those arrays to find it's percentile ranking. For example, a ranking of 75 means the ROC is in the...
A very rudimentary version of Warren Buffett's 10X Pretax Rule: How it works: I took the Financial data provided on the platform; Annual 'Pretax Income' divided by the Annual 'Total Common Shares Outstanding', then multiply by 10. Reason: There are many annual reports to suggest that when Warren Buffet buys large quantities of stocks, they are bought at a price...
Based on historical data (rather than theory), calculates the probability of a price level being "touched" within a given time frame. A "touch" means that price exceeded that level at some point. The parameters are: - level: the "level" to be touched. it can be a number of points, percentage points, or standard deviations away from the mark price. a positive...
This script is calculating the spread between a token and it's relative counterpart on the PERPETUAL FUTURES contract It's focus on exchange / defi / Tokens / metaverse / storage for exchange tokens It uses future from FTX because Binance does not have PERP contractc for other exchanges If it's red, the price on PERP is lower than SPOT If it's green, the price...
Introduction This indicator has the purpose of setting levels, automatically, basing its creation on three aspects of the market: - price action - volume - volatility Price Action Algorithm I divided the candle into 3 parts: - body => abs (close-open) - lower tail => red candle (close-low) green candle (open-low) - upper tail => red candle (high-open) green...
A simple experiment that mixes volume and Donchian's algorithm. In this version I have implemented a more elegant version of the formula, using the VWMA function instead of spelling out the steps. I have kept both formulas for educational purposes. I also plot an Alma Moving Average, how you can see a 16 periods Volume Based Donchian is pretty similar to a 80...
This script uses the ETF "VTI" to track the trend of the market It requires 2 consecutive 5 day periods up or down to verify the direction otherwise the trend is neutral It also uses a BB%B calculation to determine over bought and over sold conditions. It will display numbers for 10 days ago, 5 days ago, downtrend today and uptrend today and finally the %B Feel...
Introduction: This study uses Adaptive Moving Average with 1 year of length to plot on all time history Index Calculated by Tradingview . All previous $BTC bear runs bottomed on this curve which makes it important enough. Use this only on " " Default Values: AMA length is 1 year Minor length is 50 Major length is 100
Compound Annual Growth Rate This indicator is the compound annual growth rate to be used on any ticker. How to use Add indicator to your chart Specify a data source (default is the close for the selected ticker) Specify how many trading days are in a year (252 for stocks & 365 for crypto) Restrictions This is only accurate on the daily...
Script measures the average daily change in price over the previous 90 days and compares it to the average daily change over a longer time period. Assesses if recent volatility is more / less than historical volatility to indicate if the ticker is overbought / oversold.
Sara Strat Sniper 50% Rule Evaluator █ OVERVIEW This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you to evaluate the historical success rate of that rule. █ FEATURES Calculation • You can choose to evaluate only the current bar to see if it forms an outside bar (success) or not (fail), but you can also...
Harmonic patterns make up a major part of the many patterns traders use to make investment decisions. The following tool aims to automatically categorize which XABCD harmonic pattern is highlighted by the user and to alert when the price reaches the PRZ or D point. The tool can categorize Bat, Gartley, Butterfly, and Crab patterns. Settings XA Precision:...
Name: Kijun Trend Indicator Category: Trend Analysis Timeframe: All timeframes Suggested usage: In a trending market, to understand when it is good to enter short (red line) and when to enter long (blue line). Technical Analysis: The original idea was taken from Larry Williams: an uptrend is identified when the price is above an 18-period simple moving...
This tool can be used in so many ways but the most common use is adding the volume of multiple securities (Up to 39) This is especially helpful when analyzing cryptocurrency/fiat pairs. The user can create their own custom index; a combination of any symbols they'd like. It's also nice to see different combinations of volume when dealing with other markets; Like...