Inspired by the Chande Trend Meter (this is not the Chande Trend Meter), this indicator aims to show the trend so you can make trading decisions accordingly. This is calculated by looking at Donchian Channels over a number of lengths (20, 40, 60 periods, etc.), converting them to percent, and then applying a weighting and smoothing similar to the Know Sure Thing...
As a member of the K1m6a Lions discussion community we often use versions of the Cumulative Volume Delta indicator as one of our primary tools along with RSI, RSI Divergences, Open interest, Volume Profile, TPO and Fibonacci levels. We also discuss visual interpretations of CVD Divergences across multiple time frames much like RSI divergences. RSI Divergences...
In developing the "Likelihood of Winning - Probability Density Function (PDF)" indicator, my aim was to offer traders a statistical tool to quantify the probability of reaching target prices. This indicator, grounded in risk assessment principles, enables users to analyze potential outcomes based on the normal distribution, providing insights into market...
Description: This indicator offers a unique lens through which traders can assess risk in the Bitcoin market, specifically tailored to recognize the phenomenon of diminishing returns. By calculating the natural logarithm of the price relative to a 20-month Simple Moving Average (SMA) and applying a dynamic normalization process, this tool highlights periods of...
The Adaptive Timber! Indicator (ATI) is a powerful tool designed to identify potential overbought conditions and generate reversal signals in financial markets. It combines multiple technical indicators and market conditions to provide a comprehensive assessment of the likelihood of a price reversal. How it works: The ATI uses a combination of the Relative...
The Urika Directional Strength (UDS) indicator calculates and visualizes the strength of the directional trend in the price data. It helps traders see the strength and direction of the trend and allows them to make informed trading decisions based on trend changes. Calculation: The Simple Moving Average is used to determine the upper and lower directional...
Deepen your understanding of market volatility using Bollinger Bands. This tool helps in discerning price movements and volatility trends, essential for crafting effective strategies. This connectable Bollinger bands indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable...
The "F.B_Consolidation Range Identifier" (F.B_CRI) is an indicator aimed at identifying consolidation areas in the price chart. Here is an explanation of the logic and usage of this indicator: Calculation of Standard Deviation This indicator analyzes the market's volatility by considering the standard deviation of price movements over a defined period. A...
Introducing Foxy's Z-Score Indicator, a powerful tool for identifying potential trend reversals and market anomalies. This indicator calculates the Z-Score of the closing price, which represents the number of standard deviations from the mean, providing valuable insights into the market's behavior. Key Features: Auto Length Selection: The script automatically...
The Volume Liquidations Indicator is designed for traders who want to spot significant liquidation events in the cryptocurrency markets, particularly between spot and futures volumes. This powerful tool auto-detects the trading asset and compares the volume data from both spot and futures markets to highlight potential high-volume liquidation points that can...
Refine your breakout trading techniques with Donchian Channels. Accurately pinpoint significant highs and lows, enhancing your capacity to detect and react to key market movements. This connectable Donchian channels indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable...
Grucha Percentage Index originally created by Polish coder named Grzegorz Antosiewicz in 2011 as mql code. This code is adapted by his original code to tradingview's pinescript. What Does it Do GPI is an oscillator that finds the lowest/highest prices with certain depth and generates signals by comparing the bull and bear bars. It use two lines, one is the...
I created the "Pivot Extremes Breakout" (PEB) indicator to easily spot breakout zones using pivot points. This tool comes from my need to anticipate market direction and capitalize on breakouts. PEB uses the last two pivot points to predict price paths and highlights potential breakout areas, adjusting for any timeframe. It simplifies seeing where the market might...
This indicator, named "Effort Versus Results" (CCB), is designed to visually highlight price bars on a TradingView chart based on user-defined criteria. The purpose of this indicator is to identify potential trading opportunities or signal areas of interest for further analysis. Once the inputs are specified, the indicator calculates the ratio of the first ATR to...
Dynamic Price Targets is a designed to provide traders with a comprehensive view of dynamic price levels based on Volume Weighted Moving Average (VWMA) and standard deviation. This script allows users to identify potential support and resistance zones, aiding in strategic decision-making during market analysis. The script calculates the VWMA of a chosen price...
What are Bandwidth Bands? This indicator uses Silverman Rule of Thumb Bandwidth to estimate the width of bands around the rolling moving average which takes in the log transformation of price to remove most of price skewness for the rest of the volatility calculations and then a exp() function is performed to convert it back to a right skewed distribution. These...
About This is a simple indicator that takes into account two types of realized volatility: Close-Close and High-Low (the latter is more useful for intraday trading). The output of the indicator is two values / plots: an average of High-Low volatility minus Close-Close volatility (10day period is used as a default) the current value of the indicator When...
█ OVERVIEW This indicator projects ATR bands and, optionally, colors them based on a risk/reward advantage for those who trade breakouts/breakdowns using moving averages as partial or full exit points. █ DEFINITIONS ► True Range The True Range is a measure of the volatility of a financial asset and is defined as the maximum difference among one of the...