Introduction Using conditions in filters is a way to make them adapt to those, i already used this methodology in one of my proposed indicators ARMA which gave a really promising adaptive filter, ARMA tried to have a flat response when dealing with ranging market while following the price when the market where trending or exhibiting volatile movements, the...
Hello traders With this fabulous script, you can color the candles based on the indicator and timeframe you want You can only apply one indicator at a given time obviously The list of indicators are the following: - Price vs Moving Average : if price is above, bullish color, if price is below, bearish color - Trend Signal : if the Trend signal is pointing...
Shows relative volume per price range by bar colors.
Shows releative volume per price range by color.
I took the "EMA_TKP_TREND SYSTEM" and converted it to plot a simple moving average for the "slow moving average".
This script was cannibalized by another member on here (Kudos given in Script). I trimmed down the script and created this to give a visual representation of the changing slope on exponential moving averages.
The 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective. It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...
Introduction There is a lot of indicators similar to this one, however i think this one don't share the same calculation method and this is why i share it. This indicator aim to forecast price direction using an exponential filter architecture using highest and lowest information for the estimation of a smoothing variable. This filter is similar to the average...
//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI //1. Bearish Three Line Strike +Up 67.38% //2. Bullish Three Line Strike -Down 65.23% //3. Bearish Three Black Crows -Down 59.83% //4. Bearish Evening Star -Down 55.85% //5. Bullish Upside Tasuki Gap +Up 54.44% //6. Bullish Inverted Hammer -Down 51.73% //7. Bullish Matching Low -Down 50.00% //8....
Simple backround colouring based upon input criteria. Published by request of a TV user. Sorry if this is duplicate, but I couldn't see any other scripts on TV.
This indicator colors the volume bars based on any of the three follow criteria: - Volume Amount - RVOL (Relative Volume) - Lookback (Highest Over Period) You can use one, two or all three of these settings at the same time. You can also set alerts with this indicator. The script will trigger an alert whenever any of the three specified flags are triggered. ...
More Efficiency Based on the Auto-Line code, the Efficient Auto Line aim to provide a more controlled adaptivity of the indicator. The first indicator of this sort worked this way : when the absolute difference between the price and the indicator is higher than the previous indicator +/- A pips of amplitude, the indicator will display the closing price, else...
Function to handle rgb color selection, it has low resolution due to pinescript limitations. included examples with manual background color selection via inputs and automatic color of a rsi plot based on its value. let your rainbow dreams come true!! :D
This is an old script that had limited access for some of my students, these days, it has no usage in my teaching methodology, but because some of my students asked for it, I updated it with the addition of a moving average and a formulated regression on the cci. Keep in mind, there is no special methodology to use the moving average or the regression...
>> This script is purely based on Commodity Channel Index (CCI) with multiple CCI instances being used within one oscillator. >> User can use as much as 5 CCI instances/plot within one oscillator. > How to use : 1. When Bullish : Whenever CCI length 14 crosses above -100(negative 100) that means bullish momentum is supported. Best...