The FalconRed Vix indicator is a trading tool designed to provide insights into the potential price range of the Nifty 50 index in India. It utilizes the IndiaVix value, which represents the annual percentage change of the Nifty 50 price. By analyzing the IndiaVix, the FalconRed Vix indicator helps traders determine the upper and lower price thresholds within...
This indicator is designed to help traders assess and analyze market volatility. By calculating the width of the Donchian channels, it provides valuable insights into the range of price movements over a specified period. This indicator helps traders identify periods of high and low volatility, enabling them to make more informed trading decisions. The indicator...
The Ruthless Support and Resistance Conformation (SRC) indicator is designed to identify and confirm support and resistance levels in the price chart. It utilizes an exponential moving average (EMA) and calculates the angle between the current EMA value and a previous EMA value over a specified length. The indicator visually represents the conformation of support...
The indicator combines multiple technical indicators and conditions to generate buy and sell signals. Here's how the indicator works and how to use it: Strategy Selection: The indicator provides a dropdown menu to choose the type of strategy. The available options are "Pullback" and "Simple." Supertrend Settings: The Supertrend indicator is used to identify...
The Volatility-Based Mean Reversion Bands indicator is a powerful tool designed to identify potential mean reversion trading opportunities based on market volatility. The indicator consists of three lines: the mean line, upper band, and lower band. These bands dynamically adjust based on the average true range (ATR) and act as reference levels for identifying...
This is an expansion from my Discrete Fourier Transform Overlay indicator which offers various features that may be useful for traders wishing to apply frequency analysis or integral transform to their trading. For those unfamiliar with the concept, the discrete Fourier transform decomposes wave or wave-like data into functions depending on frequency. This can be...
The "3 Fib EMAs To Scalp Them All" was made in order to clear up when we should look for shorts, longs, or walk away. Also it can alert you when a trend starts, or when there is a possible reversal. I use it for scalping/day trading in 5m-1h timeframes. 1. EMAs: By default, the indicator uses Fibonacci numbers (21, 55, 233), but you can change them. 2. Color...
DISCLAIMER: Always, please keep in mind that market conditions change, past results cannot guarantee the same results in the future. EMAflowPRO - Ranges- EMAflowPRO ranges indicator will detect key movements in the market that fit certain conditions and based on that create key tradable zones by providing dynamic and static range levels. Before reading...
The strategy aims to identify a trend line channel with the potential for a false breakout. Here's an explanation of the strategy: The script starts by defining the input parameters. The lookback parameter determines the number of previous bars to consider for detecting the trend lines, and the threshold parameter controls the sensitivity of the trend line...
The indicator is called "Super Secret 200 EMA." It combines two technical indicators, the Supertrend and the 200 Exponential Moving Average (EMA), to generate buy and sell opportunities in a trading chart. Here's how the indicator works and how you can use it: Supertrend Calculation: The Supertrend indicator helps identify the current trend in the market. It...
Indicator - Liquidity Level Which calculates the liquidity levels based on the highest high and lowest low of the specified period. It determines the middle line, upper line, and lower line of the liquidity channel. The liquidity level is the average of the upper and lower lines, and the liquidity level distance is half of the difference between the upper and...
Now with adjustable settings! Description: The MAZI (Moving Average Zone Indicator) is a slow updating moving average calculation of key high and low points in the market, which is a unique approach to sampling moving averages. The indicator tracks only the key candles that provide good information about price movement, which distinguishes it from other...
Now with adjustable settings! Description: The Multi-Indicator Confluence Signals (MICS) is a comprehensive trading tool designed to simplify the process of analyzing multiple technical indicators and uncluttering your screen! You are able to select various pre-existing indicators, including Stochastic, RSI, MACD, EMA, DMI, Bollinger Band and a our very own...
The "Output7" indicator is designed to guide traders in identifying potential buy and sell signals. This is achieved through the calculation of a custom indicator named `output7` and its derived moving averages. `output7` is defined as `c_1 - c_20 * (ohlcSq / hlSq)`. Here, `ohlcSq` stands for the square of the average of open, high, low, and close prices, while...
The "AggBands" indicator is a custom trading indicator designed to provide a consolidated view of the price action across multiple assets or trading pairs. It combines the price data from multiple tickers and calculates an aggregated price using user-defined weights for each ticker. The indicator starts by defining the tickers to be included in the aggregation....
The "Multi-Divergence Buy/Sell Indicator" is a technical analysis tool that combines multiple divergence signals from different indicators to identify potential buy and sell opportunities in the market. Here's a breakdown of how the indicator works and how to use it: Input Parameters: RSI Length: Specifies the length of the RSI (Relative Strength...
The "Jdawg TDI with Shark Fins" (JTDI Shark Fins) is a visually enhanced version of the Traditional Traders Dynamic Index (TDI) that focuses on aiding traders in identifying potential trading opportunities in any market. At its core, the TDI is a momentum-based indicator that uses the Relative Strength Index (RSI) in combination with moving averages to highlight...
Williams fractals are remarkable support and resistance levels used by many traders. However, it can sometimes be challenging to use them frequently and get confirmation from other oscillators and indicators. With the new "Alpha Fractal Bands", a unique blend of Williams Fractals and Bollinger Bands emerges, offering a fresh perspective. Extremes can be utilized...