The Volume Flow Indicator (VFI) indicator was first introduced in my June 2004 and is is based on the popular On Balance Volume (OBV) but with three very important modifications: Unlike the OBV, indicator values are no longer meaningless. Positive readings are bullish and negative bearish. The calculation is based on the day's median instead of the closing...
WARNING: Experimental and incomplete. Script is open to development and will be developed. This is just version 1.0 STRUCTURE This script is trained according to the open, close, high and low values of the bars. It is tried to predict the future values of opening, closing, high and low values. A few simple codes were used to correlate expectation...
The oscillator version of the well known On Balance Volume Indicator (OBV). General Usage Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Moving Averages 4 different Moving Averages are available: ...
idea taken from scri [t of ridvansozen1 I just make the trend by using the diffrence between upper bollinger percentage to lower bollinger percentage bands try to play with setting to better results
Description: Whale: Whale utilizing discounted prices (increasing on-chain volume & decreasing price) Recovering: Positive momentum in price after potential whale activity Cycle Volume Support: The transaction volume support during a cycle What’s the best time to invest? After institutions make up their mind at low price levels. How’s on-chain volume related...
GAP DETECTOR is an indicator displaying price gaps that have never been completely filled (only gaps >= 5 pips are considered). Each gap is defined by two lines (the lower and upper bound of the gap), and a label giving information on its price range #Parameters: length: the number of candles being considered in the indicator (max is 3000). width: the width of...
The script is not finnished yet and show's an other interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe. Your Step : Like and Share ;) have a good year 2020...
Intended for use on BTC long term (BNC:BLX Weekly) with Logarithmic charts only As Bitcoin is adopted, it moves through market cycles. These are created by periods where market participants are over-excited causing the price to over-extend, and periods where they are overly pessimistic where the price over-contracts. Identifying and understanding these periods...
Hey guys, I recently used the "ADX and DI" indicator in a variety of my own scripts. Because I keep on developing version 4 scripts and the "ADX and DI" indicator is developed in one of the previous PineScript versions, I had to update the old script every time I wanted to use it. I decided to publish the updated version and also changed a few things: - ADX...
Example how to color the trigger bar of the condition and n-1 prior bars using only 1 barcolor() function. Currently when offsets are used in barcolor(), bgcolor(), plot(), plotarrow(), plotchar(), or plotshape(), the offset only works with a simple (static) integer. If series (dynamic) integers are used instead, there is not an error, but the series values are...
This is a derivative of Trading Public School "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11). Black crosses on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). This signifies low volatility , market preparing itself for an explosive move (up or down). Gray...
This simple Indicator shows: (1) The D irection of a trend (2) The S trength of a trend hence the name "Direction & Strength Indicator. How to read this Indicator: Indicator above "resistance area" => strong UP trend Indicator above 0 .................. => weak UP trend Indicator below 0 .................. => weak DOWN trend Indicator below ...
This script is a new version of "FibLines" which automatically draws Fibonacci Lines on chart. 0% line and 100% line are determined by "Period" and "Delay" parameter. ◆Params - Period: specifies periods to detect the highest (bearish) fractal and the lowest (bullish) fractal. - Delay: specifies the number of new bars you ignore. (👇 old version)
Its a convenient combo indicator of ichimoku cloud and moving averages of 20-50-200 This can help save on limit of indicators in free version. Most of the positional trading calls can be done with this combo indicator. Akash Rajpal
A. Oscillators & B. Moving Averages base on TradingView's Technical Analysis by ThiagoSchmitz C.Pivot base on Ultimate Pivot Points Alerts by elbartt D. Summary & Alert by anhnguyen14 Binary Option Alert base on my indicator: Technical Analysis - Panel Info Put alert = Srong Sell + close>open Call alert = Strong buy + close<open * Alert Setup 1. Signal alert...
This is "Harmonic Patterns", part 2 Open Source (in 2 parts, otherwise many lines are gone because the script is too large): - Crab - Bat (+ Alt) - Butterfly - Shark A "Pattern" is created by checking 5 consecutive ( pivot ) points, starting with X, A, B, C, and ending with point D. At point D all 5 points are compared, calculated and...