Implementation of Difference of Exponentially Weighted Averages in Pine Script. It can generate a line that adjust to the overall trend of a graphic. The lines that are generated in a new plot are the the Difference of Exponentially Weighted Averages (blue) and it binarization over the previous values. Exponentially Weighted Averages This technique is used for...
Implementation of Exponentially Weighted Averages and it difference in Pine Script. It can generate a line that adjust to the overall trend of a graphic. Exponentially Weighted Averages This technique is used for generating smoother lines that adjust to a graphic. In finances, it is used to predict the overall trend of a graphic. The function that defines the...
Just simple script to act as conditional stop loss Problem : Traditional Market Stop or Limit Stop, you have to set it with specific price and wait for the price to drop/pump to your stop then it will trigger. But sometime ( so many times ) the price will leave a very long wick up or down to hunt the stoploss that already set in the exchanges.. then it turn...
Breakout strategy indicator version. Backtested strategy version can be found on my published scripts
Divergences are well-known tool for finding trend reversals. Powerful, yet... unreliable. Sometimes they show up, sometimes they don't. Sometimes they really mean trend end, sometimes the trend continues. I've witnessed countless discussions about which indicator to hunt for divergences on. All pointless. Earlier today I found a very inspirational script by...
Here is my take on MA/EMA's and MTF, based on the most excellent work of "PineCoders" (MTF Selection Framework functions)! The big advantage is that on 1 image you can easily see where price is compared to different MA/EMA's (each of different Time Frames). This gives a lot of Support and Resistance area's! Includes: - MA/EMA 20 - MA/EMA 50 - MA/EMA 100 -...
Here is my take on BB and MTF, based on the most excellent work of "PineCoders" (MTF Selection Framework functions)! The big advantage is that on 1 image you can easily see where price is compared to 5 or less BB Bands (each of different Time Frames). This gives a lot of Support and Resistance area's! Includes: - 1 Bollinger Bands (can be...
This is the new pivotboss pivots calculations and also has Camarilla Pivots . User can define which time frame pivots they want to see starting from Hourly, Daily, weekly and monthly. Added labels for each levels. So that user can calculate potential profit targets. This script also includes Hourly and Daily OHLC with labels. Added Developing mid point of the...
A combination of a few of my favorite indicators. 1) Pivot Boss 4 EMA 2) Bollinger Bands 3) Parabolic SAR 4) Ichimoku Cloud All credit to original authors.
This is my compact formula which includes "Gaussian Fibonacci Fan by Kviateq, Supertrend Multi Time Frame by LonesomeTheBlue, Leledc Exhaustion Bar by glaz".
This indicator provides the drawings Monthly, before last week, last week, and last day high and low's
I "applied" the dividend yield on the original library script which I adding 2 Exponential Moving Average. That is average the Long term of Dividend Yield and Short Term of Dividend Yield. To estimate the Trend that "Is it worth to invest this stock right now?" If the dividend yield right now is higher than both maybe it worth it on the past (You can used...
Third Screen Strategy This particular script is specifically designed around this strategy. D1 MACD & H1 Williams %. I coded the script in a way that you automatically get the signal that is calculated taking in consideration both the indicators (macd and w%R) Green means that the daily MACD histogram is above 0 (crowd is bullish) but w%R shows that...
Hello traders This is a simple algorithm for a Tradingview strategy tracking a convergence of 2 unrelated indicators. Convergence is the solution to my trading problems. It's a puzzle with infinite possibilities and only a few working combinations. Here's one that I like - Engulfing pattern - Price vs Moving average for detecting a breakout Definition...
Hello traders This is a quick helper displaying the US bank holidays labels 1 day before the actual bank holiday date Useful to be reminded when it's better to not trade as the big "whales" aren't trading either - and are probably drinking cocktails on their yachts in the Caribbeans island This is my way of saying that, the days where the USA are off, the...
This is live and non-repainting Renko Weis Wave Volume tool. The tool has it’s own engine and not using integrated function of Trading View. Renko charts ignore time and focus solely on price changes that meet a minimum requirement. Time is not a factor on Renko chart but as you can see with this script Renko RSI created on time chart. Renko chart provide...
This script creates a ROC in a candle format so you can see the rate of Change in a candle format and compare it with the actual price candle. Larger candles can be interpreted as a signal to change or start of a new trend. You can adjust the ROC length and Scale in the setting. I think ROC candles has lots of potential to magnify the price movements. Look how...
Label Sanyaku events, green for Gold and red for dead - a: Tenkan sen Kijun Sen cross - b: Chiko Span Cross Candle - c: Kumo breakout I also added a input option to draw chiko span differently. Original Chiko to draw Chiko as originally designed, and false to draw price at 25 bars earlier at current as "chiko span"