This indicator gauges the magnitude of price and volume movement.
The indicator returns both positive and negative values where a
positive value means the market has moved up from yesterday's value
and a negative value means the market has moved down. A large positive
or large negative value indicates a large move in price and/or lighter
volume. A small...
The TD Range Projection, sometimes called TD Pivot Points, provides a range
of next session through a simple calculation that uses the open, high, low
and close of the previous session.
This indicator developed by Tom DeMark gives different weight to a minimum
or maximum depending on the trend of the previous session. Thus, if the previous
A multi timeframe script for pivotvpoint. Today lines are colourful and yesterday lines are grey. Change the asset is useful for markets like Brazil, when is need to use some asset and order in another.
This is a modification of On Balance True Range where the plot is made on the chart based on VWAP. Getting the previous day values of this logic is useful in determining the major pivot points during the day. The intra day VWAP is also plotted to know if the price is being traded above or below the average price.
The script also has a Kalman Filter based moving...
The Pivot Detector Oscillator, by Giorgos E. Siligardos
The related article is copyrighted material from Stocks & Commodities 2009 Sep
You can change long to short in the Input Settings
- For purpose educate only
- This script to change bars colors.