Reuploading as there was an issue with the description. This indicator uses the popular Stochastic indicator as its base. I have included the ability to draw divergences on the indicator as they occur live. By default it will be off, select the settings for the indicator and about halfway down there will be a dropdown menu that says "Off". Select it and then...
Level 1 Background Vitali Apirine proposed a new idea named "The Linear Regression-Adjusted Exponential Moving Average". Here it is the pine v4 impelementation of this idea. Function Linear Regression Adjusted Exponential Moving Average (LRAdj EMA) is used to combine a linear regression (linreg in tradingview) with an EMA. It can be used to define the trend...
docs.cmtassociation.org In Paul F. Desmond's award winning paper in 2002 entitled "Identifying Bear Market Bottoms and New Bull Markets", he proposed an indicator for panic buying and selling that can be used to determine major market bottoms. The paper explains that in major bear markets, you should have at least one, or more than one multiple 90% down days....
Set the "higher time frame" (HTF) from which the EMAs will be calculated in all timeframes. Example: I chose timeframe 1D and I will see the EMAs from TF 1D also in smaller TF as 1, 5, 30, 60 minutes. There are 4 EMAs. The default values are 5, 10, 60 and 223 periods from "Scalping the Bull" indicator. You can change the periods of each EMA. The indicator have...
Basically the same script than Carusolnsights but without hidding the lines of code... "This indicator displays the net number of stocks on the Nasdaq Composite making 52-week highs or lows. For instance, if there are 60 new 52-week highs and 20 new 52-week lows, the net number will display 40 net new 52 week highs. This indicator is particularty useful in gauging...
Extension of the excellent RSI+ script by Wilsonlibero. I tweaked the parameters to better fit crypto markets, and I added a few more visuals, such as midline, overbought/oversold threshold lines and areas, background coloration depending on RSI trend above or below midline, and a few other tweaks especially colors (fixed the transp parameter deprecation for...
This indicator shows 3 types of objects on chart: 1. downward red triangle above a candle: 3 green candles followed by a fourth red candle of which the low price is lower than the low of the 3 previous green candles, this is usually the sign of reversal from upward movement to a downward one. 2. 1. upward green triangle below a candle: 3 red candles followed by a...
Candle has been divide into 3 types up bar, down bar and inside bar, These bar classified comparing previous candle high low to current candle close. This method used to ride the trend without exiting position. We can use this candle color as a stop loss and take profit. Previous candle H&L Vs Cur. Candle Close I U D ------------------------ I - Inside...
Further development on the sub-candle concept defined in the earlier script. SubCandle This time instead of concentrating only on the last part, we are dividing the main candle into three parts. First Sub-Candle - Covers the candle movement from open to first of highest/lowest point. First sub-candle tells how fast/slow the initial movement took place and...
Description of a classic MACD: MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price. The MACD indicator (or "oscillator") is a collection of...
Buy Sell Indicator For Forex And Crypto Based On Stochastic RSI and EMA
This indicator that draws vertical lines for each year and month starting from the specified date and time. For example, starting from August 26th, 2022, The annual vertical lines are Aug 26th, 2022, Aug 26th, 2021, Aug 26th, 2020, Aug 26th, 2019, Aug 26th, 2018, Aug 26th, 2017... It is useful to check the action of the chart at the event of each year and...
This script plots close-open cumulative from the beginning of the chart. It is made for use on equities with overnight sessions to view the intraday performance vs the candlestick chart.
█ OVERVIEW A fast and improved divergence finding algorithm that aims to be better than the built-in TradingView divergence algorithm. █ CONCEPTS Wolfpack Wolfpack is an oscillator made popular by darrellfischer1 all the way back in 2017. Since then the Wolfpack oscillator has been utilized by a number of notable strategy/indicator creators. At some...
This is my second Donchian Channels indicator (and will probably be my last because how many does one really need). This version is different from my other one in that, well, it's 'dynamic' which simply means that it self adjusts based on the same formula that my Ultimate Moving Average does. What does that mean? It just means that the script takes an average of 8...