Made using elements from two Cheatcountry scripts: Includes a Bollinger Band for bounds that forms a trend follower based on the 0 point. Includes CheatCountry color code signals, different color scheme. Bright colors are strong signals, ark are weak, green bull, red bear, the basics. Switches for Bollinger Band color codes, which can actually be useful...
The "Zig Zag Stochastic" indicator is an indicator that uses a combination of zigzag pivot points and exponential smoothing to calculate a stochastic-like oscillator. The indicator starts by identifying pivot high and pivot low points in the price data using the Zigzag indicator. These pivot points are then used to calculate the scale_price, which is a ratio of...
This is just experimental. I wanted the flexibility in looking at volatility and this indicator gives you several ways to do so. I haven't figured out the best way to use this yet but I suspect that as a form of entry confirmation indicator would be best. If you find a way this works well for you please drop me a note. It would nice know someone found a way to...
The indicator shows the MACD histogram sign (positive or negative) for several timeframes at once. You can see at a glance how the price is trending across higher and lower timeframes. The code uses recursive calculations for the SMA and EMA to avoid lookahead errors and repainting on higher timeframes. Note that, for lower timeframes, the line becomes yellow to...
HTF Tool 2: Because the previous version was removed for being too powerful. HTF Tool allows Users to display Higher Timeframe(HTF) Candles on their Chart with retracement lines drawn from the (High/Low) range of the HTF candle, as well as a live HTF MA. This indicator perfectly handles Requested data to display a non-lagging HTF Moving Average(MA) by bridging a...
We defined new method to derive zigzag last month - which is called Channel-Based-Zigzag . This script is an example of one of the use case of this method. 🎲 Trend Following Defining a trend following method is simple. Basic rule of trend following is Buy High and Sell Low (Yes, you heard it right). To explain further - methodology involve finding an...
I designed this indicator to help me identify Option CALL and PUT signals for the QQQ and SPY on the 1 min chart. Summary of how it works 1. It identifies the Pre-Market channel High and Low and draws green and red lines for the day at these levels. 2. Waits for a morning or afternoon sessions breakout/breakdown of price out of that channel. 3. The buy a CALL or...
DESCRIPTION: This script combines the Relative Strength Index ( RSI ), Moving Average and Divergence indicator to make a better decision when to enter or exit a trade. - The Moving Average line (MA) has been made hidden by default but enhanced with an RSIMA cloud. - When the RSI is above the selected MA it turns into green and when the RSI is below the select MA...
Simply use it by clicking on your chart on the places you find important to determine whether you entries or exits look strong or weak.
This script intends to give you the average bid/ask price when using FX trade function on Revolut. Best used with OANDA markets as the price source.
This script is a volume profile that displays the volume of transactions in price blocks over a recent period of time. For a more detailed representation, OHCLV values on the time frame lower than the time zone on the chart were called and expressed. Low time frames are adjustable. You can adjust the number of blocks and the most recent time period that you want...
The Volume Weighted Standard Deviation indicator is a custom technical analysis tool that uses the volume of trading to calculate the standard deviation of a stock's price. This indicator takes the source of data, the length of data, and the deviation as inputs, and calculates the volume weighted standard deviation using the values. The indicator first calculates...
█ OVERVIEW MATHR3E RAMP-MA (R-MA) is a trend following indicator. █ CONCEPTS Disclaimer: MATHR3E RAMP-MA indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor. It was originally developed by a renowned market analyst and documented in numerous books. Among them is the author Jason Perl. It...
This Indicator dynamically generates and charts Pivot Points, Support and Resistance Lines, Trend Channels and even Rsi Divergences in every market and every time period. While it helps you identify your entry points, stop loss and take positions, it certainly does not include trading signals and trading strategy. Bonus: the indicator contains ema21, ema50,...
Stablecoins Dominance The purpose of the script is to show Stablecoin's strength in the crypto markets. 5 Largest Stablecoins divided by Total Market Cap
Altcoin Dominance (without ETH) Excluding Stablecoins Unsymetric The purpose of the script is to show Altcoin's strength without Ethereum once we exclude stablecoins. So we look into all altcoins besides eth and besides stablecoins divided by a value of eth+btc
Altcoin Dominance Excluding Ethereum The purpose of the script is to show Altcoin's strength without Ethereum. Pretty much shows Altcoin's Dominance in comparison to Market Cap once we exclude Ethereum.
dear fellows, this indicator is yet another representation of S&P 500 industry sectors. it is inspired by mr. stanley drukenmiller who in an interview mentioned that he knows no better market forecaster than the inside of the sp500 itself, which are its industry sectors. thus, we have been for a while thinking on how to represent the performance of these sectors...