The Volatility Trend Bands is a trend-following indicator that combines the concepts of volatility and trend detection. Built using the Average True Range (ATR) to measure volatility, this indicator dynamically adjusts upper and lower bands around price movements. The bands act as dynamic support and resistance levels, making it easier to identify trend shifts...
Overview The Bar Counter Trend Reversal Strategy is designed to identify potential counter-trend reversal points in the market after a series of consecutive rising or falling bars. By analyzing price movements in conjunction with optional volume confirmation and channel bands (Bollinger Bands or Keltner Channels), this strategy aims to detect overbought or...
🔵 Introduction The Alternative Shark harmonic pattern, similar to the original Shark harmonic pattern introduced by Scott Carney, is a powerful tool in technical analysis used to identify potential reversal zones (PRZ) in financial markets. These harmonic patterns help traders spot key turning points in market trends by relying on specific Fibonacci ratios....
💥 Ranges and Breakouts by AlgoAlpha is a dynamic indicator designed for traders seeking to identify market ranges and capitalize on breakout opportunities. This tool automatically detects ranges based on price action over a specified period, visualizing these ranges with shaded boxes and midlines, making it easy to spot potential breakout scenarios. The...
Description: This Pine Script calculates and plots pivot lines based on ATR (Average True Range) value and closing price. It uses the previous trading day's ATR value to set static pivot levels for the current trading day. These pivot lines help traders identify potential support and resistance levels based on historical volatility. The script includes two main...
The "Asymmetric Volatility" indicator is designed to visualize the differences in volatility between upward and downward price movements of a selected instrument. It operates on the principle of analyzing price movements over a specified time period, with particular focus on the symmetrical evaluation of both price rises and falls. User Parameters: - Length:...
Bollinger Bands ForLoop OVERVIEW BB ForLoop is an improved version of Bollinger Bands it is designed to calculate an array of values 1 or -1 depending if soruce for calculations is above or below basis. It takes avereage of values over a range of lengths, providing trend signals smothed based on various moving averages in order to get rid of noise. It offers...
Relative Volatility is a technical indicator designed to assess changes in market volatility by comparing fast and slow Average True Range (ATR) values. It operates by subtracting a slower ATR (e.g., 50-period ATR) from a faster ATR (e.g., 20-period ATR) and visualizing the result as a histogram. This enables traders to determine whether volatility is increasing...
Overview This Pine Script™ indicator is designed to enhance traders' ability to analyze market volatility, trend direction, and position sizing directly on their TradingView charts. By plotting Average True Range (ATR) bands anchored at the OHLC4 price, displaying crossover labels, and providing a comprehensive information table, this tool offers a multifaceted...
Black-Scholes Option Pricing Model Strategy The strategy is based on the Black-Scholes option pricing model and allows the calculation of option prices, various option metrics (the Greeks), and the creation of synthetic positions through delta hedging. ATTENTION! Trading derivative financial instruments involves high risks. The author of the strategy is not...
This script is designed to help you compare the size of the current price candle (the difference between the highest and lowest prices in a given time period) to the average size of the last several candles. It does this by calculating the average range of a certain number of previous candles (you can set how many with the "Length" input) and then dividing the...
🚀 Introducing the Hullinger Percentile Oscillator by AlgoAlpha! 🚀 This versatile Pine Script™ indicator is designed to help you identify swing trends and potential reversals with precision. Whether you're looking to catch market swings or spot divergences, the Hullinger Percentile Oscillator offers a comprehensive suite of features to enhance your trading...
🎯 Introducing the Hullinger Bands Indicator ! 🎯 Maximize your trading precision with the Hullinger Bands , an advanced tool that combines the strengths of Hull Moving Averages and Bollinger Bands for a robust trading strategy. This indicator is designed to give traders clear and actionable signals, helping you identify trend changes and optimize entry and exit...
This Script creates a custom ATR (Average True Range) trailing stop. It allows traders to set up automated stop-loss levels based on the ATR, which adjusts dynamically to market volatility. The script is designed to support both long and short trades, offering flexibility and precision in trade management. When loading the indicator to your chart, simply click to...
This indicator calculates and displays the Internal Bar Strength (IBS) along with its moving average. The IBS is a measure that represents where the closing price is relative to the high-low range of a given period. █ Main Formula The core of this indicator is the Internal Bar Strength (IBS) calculation. The basic IBS formula is: ibs = (close - low) / (high -...
The Pivot Web is a prototype with its base derived from TradingView's standard pivot point indicator plus inspiration from LuxAlgo's trendline work alongside my own observations/experiences. The theory is that there's legitimacy, from a technical standpoint, pivot point calculations are an adequate gauge of momentum and sentiment because the same math was used...
█ OVERVIEW This library is a tool for Pine programmers that provides functions for calculating risk-adjusted performance metrics on periodic price returns. The calculations used by this library's functions closely mirror those the Broker Emulator uses to calculate strategy performance metrics (e.g., Sharpe and Sortino ratios) without depending on...
I'm excited to share with you a Pine Script™ that I developed to analyze GARCH (Generalized Autoregressive Conditional Heteroskedasticity) volatility. This script allows you to calculate and plot GARCH volatility on TradingView. Let's see together how it works! Introduction Volatility is a key concept in finance that measures the variation in prices of a...