This indicator is designed to identify and track swing highs and lows in a given market on any timeframe. It plots these swing highs and lows as solid lines on the chart. The indicator allows for customization of the line color and width and using another timeframe. The indicator follows specific rules to determine when a new high or low is created. If the...
I stumbled on the MMA in the “Active Investing” course notes by Alan Hull (who invented the Hull Moving Average) alanhull.com He writes on page 13: “Multiple moving averages, MMAs, are a sophisticated tool that can be used in a range of applications. MMAs are a series of lines that track and filter the weekly price movements. They consist of 2 sets of lines that...
EATS is an innovative indicator that calculates the slope of the exponential moving average (EMA) over a defined number of candles, presenting this on a scale of 0 to 100. Users can individually adjust the length of the EMA and the precision of slope calculation. For the EMA length, users can specify the number of candles used for the EMA calculation. In terms of...
This indicator is designed to display various technical indicators, candle patterns, and trend directions on a price chart. Let's break down the code and explain its different sections: Exponential Moving Averages (EMA): The code calculates and plots five EMAs of different lengths (13, 21, 55, 90, and 200) on the price chart. These EMAs are used to identify...
This Average Range Lines indicator identifies high and low price levels based on a chosen time period (day, week, month, etc.) and then uses a simple moving average over the length of the lookback period chosen to project support and resistance levels, otherwise referred to as average range. The calculation of these levels are slightly different than Average True...
View the current tickers percentage change from a specified lookback period.
Introduction and How It Is Different In the vast world of trading strategies, the TrendGuard Flag Finder stands out as a unique blend of traditional flag pattern detection and the renowned SuperTrend indicator. - A significant portion of the Flag Pattern detection is inspired by the "Flag Finder" code by @Amphibiantrading, which serves as one of foundational...
This indiator will help you to calculate your position size for managing the risk calculator. Features : Click-able Price Entry & SL & TP calculations works on Forex, CFD, Stock, Futures and Crypto markets. Usage: Step 1: Set your entry price Step 2: Set your stop loss Step 3: Set your Target Step 4: Choose the symbol, forex will be automatically detected Step...
Title: Renko Trend Reversal Strategy Short Title: - Renko TRS > Special thanks to for manually calculating `renkoClose` and `renkoOpen` values in order to remove the infamous repaint issue Description: The Renko Trend Reversal Strategy ( - Renko TRS) is a powerful and original trading approach designed to identify trend reversals in financial markets using...
A common problem experienced by short term traders using DMI/ADX is that the session breaks results in carry-over effects from the prior session. For example, a large gap up would result in a positive DMI, even though momentum is clearly negative. Note the extremely different results in the morning session, when the gap is reversed. The DMI-FLEX algoritm...
Here is an easy-to-use and customizable multi-timeframe visual trend indicator. The indicator combines Exponential Moving Averages (EMA), Moving Average Convergence Divergence (MACD), and Relative Strength Index (RSI) to determine the trend direction on various timeframes: 15 minutes (15M), 30 minutes (30M), 1 hour (1H), 4 hours (4H), 1 day (1D), and 1 week...
Pivotal Moments draws lines for each of up to 500 pivot high and pivot low levels that have never been revisited at the present moment in time. After the Pivotal Moments indicator has been loaded onto chart and any of the subsequent realtime bars that are formed touch or cross a pivot level it is deleted. The duration for how long any touched or crossed pivot...
This Indicator simply draw lines between high pivot points and low points. in the code by default its used tradingview default ta.pivothigh and ta.pivotlow function to get the high and low points. it will generate recent 4 lines of high and low pivot points. you can change the no of days for both highs and lows pivot points. this script is not generating any...
This non-repainting indicator is an improved version of my previous work, a more versatile tool designed to provide traders with dynamic and adaptive entry signals while incorporating a mean reversion and trend filtering mechanism. By combining RSI overbought/oversold, regular divergence and confirmatory momentum oscillator such as CCI or MOM, this indicator...
Introducing the Higher Time Frame {HTF} Candles from QuantVue! This script was developed to help you visually emphasize higher time frame (HTF) candles. Higher time frames reduce the 'noise' inherent in lower time frames, providing a clearer, more accurate picture of the market's movements. By examining higher time frames, you can better identify trends,...
Normalized volume-price spread analysis indicator can be helpfully tool in Tom's William metodology - VSA. The indicator use normalized data by y/x(max) operation, where x(max) is the biggest value in range. Indicator separate spread to four levels - standard divation is separator. The indicator graphically shows: - normalized volume, visualized by wide...
The price range block indicator. User input divides the price into blocks (eg a block of 1 dollar) if the price would go from 1 dollar to greater than 1 dollar, the next block is drawn including the center line. Same for if it went down. Trading choices could be made through the behavior of the price in such a block.
6EMA/SMA/RMA + Forecasting 10 candles The script allows the user to choose between different types of moving averages (SMA, EMA, RMA) using the soft_func_choice input. The user can also choose between two types of forecasting: "Repetition" or "Linear Regression" using the type_of_forecast input. For the linear regression forecast, the user can specify the number...