Support & Resistance drawn based on overbought & oversold RSI . where the overbought acts as resistance and oversold acts as support. It has 2 levels (for support and resistance - i call them level_n_high or level_n_low) for each lookback period. it checks the highest pivot and the lowest pivot based on the lookback period then we compare if rsi is higher than...
Do you want your charts to look like a video game? Look no further! Would you rather be an alien racing through a lava tube, a surfer with great white sharks, an airplane flying through the clouds, or some other custom emoji setup of your choice? Traders can choose their own custom player emoji, trend indicator, obstacle emoji, and celestial emoji. This indicator...
Level: 1 Background I have been working with choppiness index type indicator for long. However, there are several problems in tradintional one. Function One of the issue of conventional choppiness index is the noise or ripple is too obvious. I was wondering several ways to smooth it. As you may know, choppiness index is "one line" indicator. There is little...
This script shows how money is moving among different sectors using relative-strength of the corresponding sector-specific largest ETFs against MSCI World. Trend and current value of Relative-strength can be used to determine the sector in which you should make your investment at this point, considering the movement in markets.
what is Faytterro Bands? it is a channel indicator like "Bollinger Bands". what it does? creates a channel using standard deviations and means. thus giving users an idea about the expensive and cheap zones. It uses a special weighted moving average different from standard bollinger bands, it also averages not only price but also deviations. how it does it? it...
A “ Fibonacci Levels Based on Supertrend ” indicator is supertrend indicator planned with Fibonacci retracements levels. Fibonacci retracements provides a sequence of levels starting from 0% to 100% in addition to extension levels. 0% is measured to be the initial Supertrend line, and 100% is the previous Supertrend line where it has been broken by candle. This...
Level: 3 Background If you like my banker fund series indicators, this may be another helpful one which describe banker fund sentiment with price and volume infomation. c. Function Use price (major EMAs and SMAs) and volume infomation to model banker fund in a sensitive way which can be called banker fund sentiment. This was realized by a form of oscillator and...
This is a simple indicator to find the sideways market or ranging market. It is mainly focused on BTCUSD as BTCUSD doesn’t make big moves each and every candle. It makes big breakouts with one candle and then goes sideways for a longer period of time. So, this indicator identifies those big candles and plots high and lows of those big candles using lines. New...
This is a Dominant Cycle Detection Oscillator that searches multiple ranges of wavelengths within a spectrum. Choose one of 4 different dominant cycle detection methods (MESA MAMA cycle, Pearson Autocorrelation, Discreet Fourier Transform, and Phase Accumulation) to determine the most dominant cycles and see the historical results. Straight lines can indicate a...
-Tool to measure price legs in terms of both time and price; gives an idea of frequency of market movements and their typical extent and duration. -Written for backtesting: seeing times of day where setups are most likely to unfold dynamically; getting an idea of typical and minimum sizes of small/large legs. -Two sets of editable lookback numbers to measure both...
Here is a simple tool to measure and display outcome of certain RSI event over heat map. 🎲 Process 🎯Event Event can be either Crossover or Crossunder of RSI on certain value. 🎯Measuring Impact Impact of the event after N number of bars is measured in terms of highest and lowest displacement from the last close price. Impact can be collected as either...
The Break and Retest indicator strives to provide a visual aid for spotting areas of continuation and pullbacks. Support and resistance levels are drawn out automatically and have sequential conditions in place to determine a breakout following an eventual retest. Additionally, there are methods in place that try and detect liquidation events and still output a...
This script will identify and draw price gaps, wicks and imbalances with customizable fill conditions, multi-timeframe function, zone size filtering, volume comparison, lookback filtering, as well as highly customizable appearance and settings. I’ve made this indicator to combine the three similar but different elements that occur in price movements and serve as...
Use this indicator to plot the federal funds futures implied rates term structure against historical curves Based upon the work of @BarefootJoey, @longfiat, @OpptionsOnly
#TOMMAR #MultiMovingAverages #MMAR Dear fellow traders, this is Tommy, and today I'd like to introduce you to the Multi-Moving Averages Ribbon (MMAR) indicator, which I believe to be one of the best MMAR indicators available on TradingView. Moving Averages is a popular technical analysis tool used to smooth out price data by creating an average of past price data...
This simple script is a modification of Tradingview's Up/Down Volume. In this case the delta between the buys and sells is plotted in columns style above the regular up/down volume columns. This gives a better visual of the dominant volume and is useful to spot divergences in tops and bottoms. The indicators uses data from lower timeframe volumes. By default the...
At the suggestion of a friend, I prepared this educational indicator to show how to use a Multi time frames on the chart based on the color of The Candle. This Script calculates the stochastic oscillator for multiple timeframes and displays the overbought/oversold signals on the chart with color coding. The stochastic oscillator is a momentum indicator that...
-Simple little tool to plot the wick CE: an ICT concept, consequent encroachment i.e. the midpoint line of a wick or tail; it being a potentially sensitive level (depending on context). -Wrote this to save me time drawing out fib retracement to locate the precise level of the wick CE. Example usage: show indicator, add horizontal ray over favored wick CE level,...