A Dons right Hand Standard Deviation is the game we are playing here -3 levels to show the strength of both buy/sell -Colors the candles based on signal (momentum) strength -Multi timeframe feature -Color candles for on chart confirmation ( with sensitivity the High you set it will only give you stronger signals) -Alerts for different level signals including 0...
This is the migration of the CandleVolatilitIndex from MT4. The indicator works as following: Step 1: The "Volatility Value" is calculated by applying a moving average to the change of the selected source (default: 10-Period-SMA applied to the change from last close to this close -> SMA(close-close , 10) ) Step 2: The signal line is calculated by applying a...
This script will add text to bars showing the price change of the bar as a percentage, both for open/close and high/low. It can be used together with Rate of Change to better get an idea of how the price moved at a previous point in time. Script uses labels for text, as there is a maximum limit of 500 labels if you want to study price movement for a specific...
USAGE -------- This script helps train your intuition for changes in the VX term structure. I recommend using it on the VIX chart, so you can compare changes in the terms to changes in VIX. It's also nice for calendar spread traders who want to get a feel for the same changes. 1. Select a day, month, and year using the inputs 2. Observe the data table. 3. Open...
"Mavara Market Mood" is a fundamental-based Indicator that shows the overall mood of the financial markets. When people are willing to buy USD as a reserve currency against other instruments and feel uncertain and don't want to risk their trades, the Market Mood is Risk-OFF. Conversely, When the traders are optimistic about the economic situation and are willing...
This script calculates and displays some bar statistics. For the bar length statistics, it takes every length of upper or lower movements and calculates their average (with SD), median, and max. That way, you can see whether there is a bias in the market or not. Eg.: If for 10 bars, the market moved 2 up, then 1 down, then 3 up, then 2 down, and 2 up, the...
The efficiency ratio (ER) is described by Perry Kaufman in his book, Trading Systems and Methods. It works by measuring the momentum of the market, that is, the absolute change from the current price to a past price, and divides it by the volatility, which is the sum of the absolute changes of each bar. That makes this a bounded indicator, going from 0 to 100,...
Bollinger Bands with user selection options to calculate the moving average basis and bands from a variety of different moving averages. The user selects their choice of moving average, and the bands automatically adjust. The user may select a MA that reacts faster to volatility or slower/smoother. Added additional options to color the bands or basis based on...
Good money management is one of the fundamental pillars of successful trading. With this indicator, we propose a simple way to manage trading positions. This tool shows Profit & Loss (P&L), suggests position size given a certain risk, sets stop losses and take profit levels using fixed price value/percentage/ATR/Range, and can also determine entries from crosses...
Hi fellow traders , Pleased to share an MTF – Option Strike Price Screener. It Screens 15 tickers for your set Strike Prices in the input column or you can also set the Stop Loss/target prices for your portfolio watch list in a single input window. All you need to do is attach to any chart and set the periodicity of the to your desired alert() frequency...
In Tradingview it is not possible to actually display arbitrary non-linear functions retrospectively. Series objects can only depend on the current or past bars Thus, while regression is possible, display of a non-linear curve into the past is not possible This script is a workaround to be able to still display an exponential fit of the last n bars. It is based...
Bitcoin has been trending up with time. Generally, Bitcoin has been following an increasing logarithmic path, as seen on the chart. This indicator tries to plot areas of buying or selling opportunity. The green area contains data from times when Bitcoin was extremely undervalued. The red area is calculated from times where Bitcoin was extremely overvalued. The...
SIVE 1.0 What is SIVE? SIVE stands for Systematic Institutional Volatility Expansion , SIVE uses a variety of different statistical indicators to gauge volatility along with trend correlation and other measures to filter and define a price move. This system was originally set out to redefine what a 'Trend Following System' could be; we achieved more than...
This is a very basic, but powerful script. It gives you the ratio between the rate of change of the last x days and the average true range of the last y days. ---> ROC-ATR Ratio = ROC/ATR Therefore, you can see how much the price has moved relative to the prices in the past. This is important because (in my opinion) the basic ROC indicator is not very...
In this review, I changed the terms of the buy or sell signals again! If after changing the downtrend and starting the uptrend in the Heikin Ashi Smoothed chart, we have three consecutive uptrends whose close price is in ascending order, the buy signal will be issued and vice versa.
The Momentum Dream Indicator with Risk Management is really two powerful indicators combined in one. The Momentum Dream Indicator is a volatility and momentum indicator that measures the relationship between the Bollinger Bands and Keltner Channels to help identify consolidations and signal potential breakouts. MOMENTUM DREAM INDICATOR: SIGNALS AND ZONES: ...
ENG) The indicator is a new version of the volatility warning. Previous volatility warnings acted conservatively. Therefore, there were intervals that were not shown even when volatility occurred. Existing volatility warnings had a weakness in that they were only responsible for the time axis, which did not provide direction. This is an upgraded version that...
We are excited to introduce our TradingView Bar which gives you a quick read of the stock, index, or cryptocurrency at a glance. The PE ratio helps you quickly categorize the security. Percentage of change helps you quickly assess if the stock is trending up (lots of green) or down (lots of red). The ATR (Average True Range) expresses the volatility of the stock...