Another simple indicator, maximum, minimum and average values. The point of imbalance in the price of an asset is sought. It is used for any temporality and in almost any asset. You can configure the visibility of the different elements.
The Bollinger Bands Heatmap (BBH) Indicator provides a unique visualization of Bollinger Bands by displaying the full distribution of prices as a heatmap overlaying your price chart. Unlike traditional Bollinger Bands, which plot the mean and standard deviation as lines, BBH illustrates the entire statistical distribution of prices based on a normal distribution...
This indicator overlays a heatmap on the price chart, providing a detailed representation of Bollinger bands' profile. It offers insights into the price's behavior relative to these bands. There are two visualization styles to choose from: the Volume Profile and the Z-Score method. Features Volume Profile: This method illustrates how the price interacts...
Hello Dear Investors, Today, I'd like to introduce you to an indicator called "3M Range" and explain how this indicator is calculated, as well as the kind of strategy it can offer. What is the 3M Range Indicator? "3M Range" is an analytical tool designed to identify and visualize market movements within three-month periods. This indicator employs specific...
What This is a plain and vanilla reversal based strategy for intraday (15m) timeframe on Futures prices of the assets. Now what all it comprises of? It finds out the dynamic support & resistance from Bollinger Band (20 period, 1.5 std dev). It finds out the potential divergence of price deviation from 5 period exponential moving average (EMA). If the...
There are two bands calculated with the ATR and I added "Smoothing" into the script. Smoothing ATR with multiplier can display two bands above and below the price. We can ONLY find some ATR bands in Community Scripts with "Basic" setting which is used to set Stop Loss. And yet , Smoothing ATR with multiplier is capable of making traders manifestly recognize...
The MTF Fair Value Gap (FVG) indicator provides multi-timeframe options to observe lower or higher gaps in different timeframes within your current one. This can enhance the confluence in your trading decisions. 🔶 USAGE An FVG is formed when a candle has an 'empty' body, leaving a gap. These areas are often filled before the market continues to trend in its...
The Volatility Price Range is an overlay which estimates a price range for the next seven days and next day, based on historical volatility (already available in TradingView). The upper and lower bands are calculated as follows: The Volatility for one week is calculated using the formula: WV = HV * √t where: WV: one-week volatility HV: annual volatility √: square...
DESCRIPTION Based on version by leojez. Adds a 3rd standard deviation level. Twice as fast as original version. Refactored and simplified source code. HOW TO USE Load your chart Adjust the timeframe and zoom of the chart so that the trend you're interested in is in view. Add the indicator Use the measuring tool to measure the number of bars from the...
Foxy's Acceleration Bands is a dynamic technical indicator designed to help traders identify potential support and resistance levels using logarithmic regression and adaptable moving averages. By plotting bands around price movements, this indicator offers insights into potential zones where price acceleration, resistance, and support might occur. How to...
This indicator was inspired by mentfx and allows to view structure as moving up and down blocks based on pullback rules: bear pullback - price opens above previous high bull pullback - price close below previous low This indicator has the following settings which can be changed Highlight 1st MB Up, colour first MB after changing direction up ...
Multi Time Frame Composite Bands utilizes Fibonacci numbers (5, 8, 13, 21, 34) as period lengths for calculations. The indicator calculates a composite high line (C_high) by averaging the highest prices over Fibonacci periods, incorporating moving averages (SMA) of high prices for added refinement and smoothing. Similarly, a composite low line (C_low) is...
This indicator shows the bollinger bands against the price all expressed in percentage of the mean BB value. With one sight you can see the amplitude of BB and the variation of the price, evaluate a reenter of the price in the BB. The relative price is visualized as a candle with open/high/low/close value exspressed as percentage deviation from the BB mean The...
We present a customizable MACD indicator, with the following features: Multi-timeframe Deviation bands to spot unusual volatility 9 Moving Average types Conditional coloring and line crossings 👉 What is MACD? MACD is a classic, trend-following indicator that uses moving averages to identify changes in momentum. It can be used to identify trend changes,...
Three horizontal lines are drawn on the chart to represent session prices. These prices are calculated based on the user-specified session: "FirstHour Session High" represents the highest price reached during the firsthour session. "FirstHour Session Open" represents the opening price of the firsthour session "FirstHour Session Low" represents the lowest price...
The Omega Analyst is a toolkit designed to help both experienced and new traders with their trading decisions. This indicator is a part of the omega toolkit, and his creation method is based on the concept that every trading strategy should have a way to determine the trend, or the bias, that answers the question “long or short?”; the location, which identifies...
This indicator uses the ATR set to 2 to indicate Dynamic Support and Resistance levels. It also uses VWAP set to Weekly and a 50 Moving Average to indicate additional trend and support and resistance levels. ATR x 2 View the Indicator on the 1H to Identify the Daily Support and Resistance levels. This will be the Green and Red channel lines. Red Line will...
Level: 5 Background First of all, this L5 technical indicator is only suitable for spot trading. Because its algorithm is only designed for one-way long, and there is no algorithm for short-selling mechanism. This technical indicator is the main chart indicator of the integrated trend line, channel technology and moving average technology. Trendlines are...