The scrip out put is a simple numerical data tabulated with constant updates. The table can be positioned on the chart at a convenient location with suitable adjustment to text structure .It is a scoreboard giving out data for users to judge the strengths of bulls and bears. The scrip helps to keep tab on number of bars during intra day with bifurcation of green...
OVERVIEW This indicator shows whether Commodity Channel Index (CCI) is above or below 0, represented by a bar. This indicator is compatible with MTF. CONCEPTS What do you want to know about market analysis? Do you want a hard analysis? You can look for it. All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'. All I want to know...
Goertzel Cycle Period is an indicator that uses Goertzel algorithm to extract the cycle period of ticker's price input to then be injected into advanced, adaptive indicators and technical analysis algorithms. The following information is extracted from: "MESA vs Goertzel-DFT, 2003 by Dennis Meyers" Background MESA which stands for Maximum Entropy Spectral...
You can choose the symbols and their weight or normalize them at the initial price.
Jurik Filter TRIX Log is a TRIX indicator that calculates TRIX using a Jurik Filter instead of EMA. this indicator responds much quicker than traditional TRIX. What is TRIX? TRIX is a momentum oscillator that displays the percent rate of change of a TEMA. It was developed in the early 1980's by Jack Hutson, an editor for "Technical Analysis of Stocks and...
Kendall Rank Correlation NET on SMA is an SMA that uses Kendall Rank Correlation to form a sort of noise elimination technology to smooth out trend shifts. You'll notice that the slope of the SMA line doesn't always match the color of the SMA line. This is behavior is expected and is the NET that removes noise from the SMA. What is Kendall Rank Correlation?...
Volatility Ratio Adaptive RSX this indicator adds volatility ratio adapting and speed value to RSX in order to make it more responsive to market condition changes at the times of high volatility, and to make it smoother in the times of low volatility What is RSX? RSI is a very popular technical indicator, because it takes into consideration market speed,...
The real Grayscale Bitcoin (GBTC) premium / discount. Charts the premium / discount of GBTC trust versus the Bitcoin spot price. The GBTC premium / discount is frequently calculated incorrectly as it needs to consider the amount of Bitcoin behind each share of GBTC, which changes over time. This indicator allows for an estimate of that change through time, a...
This script can be used as a visual aid in seeing the last highs and lows of price in a specific time period. It automatically updates the plots if new highs or lows are made within the given lookback period. This is a fairly basic version currently, with new added features coming in future updates such as range between high/low and half and whole number detection.
SPY to ES is an indicator that converts SPY price targets to ES / MES futures price targets. This indicator is helpful when you have price targets for SPY but trade ES or MES futures instead of SPY. It coverts the SPY price targets to ES / MES futures, and draws the SPY VWAP line on your ES / MES chart. It supports the following lines Bullish Above Bearish...
█ OVERVIEW This indicator displays The Lower TimeFrame Candles in current chart, Like Zooming in on the Candle to see it's Lower TimeFrame Structure. It plots intrabar OHLC data inside a Label along with the volume structure of LTF candle in an eloquent format. █ QUICK GUIDE Just apply it to the chart, Hover the mouse on the Label and ta-da you have a...
DeFi DaVinci cheat code is an indicator to help you identify buys and sells in the market. This indicator uses Moving averages and support and resistance zones to call to let you know when to Buy or Sell This indicator works on all time frames but we suggest to use it on the 15 minute and the 1 hour chart. The indicator also can be used on all asset classes If...
This is a combination of - RSI (relative strength index) - MFI (money flow index) - Divergences on the RSI MFI behaves much the same as RSI but it more responsive/to some degree a leading indicator. I find it helps having this overlayed with RSI to help gauge price action and sentiment, as well as for confluence with RSI.
1) Depicts price distance from user selected moving average for traders to pick good Risk : Reward entry points based on moving averages 2) It also compares the current distance from the moving average to the highest and lowest values of the distance from moving average based on the Comparison lookback bars length (default = 200) 3) The bars are shaded according...
Not quite the usual approach to plotting targets on the chart, where the price will come with a given probability. The indicator draws targets by studying the ATR of the target timeframe. More precisely, this is not exactly an ATR - the price move is taken from the closing price of the previous bar and is calculated both up and down separately. The settings...
This is a squeeze momentum oscillator with ADX-RSI, Elliot waves oscillator, HMA background and more. I recommend configure ADX-RSI with the following settings: -ADX Length = 14 -ADX smooth = 14 -RSI Length = 14 -Threshold = 15 -Upline = 70 -Downline = 30 Thanks to OskarGallard for develop this indicator. I am Sc4lp1ng, the developer of EMA MTF cloud and...
Hi Traders, I've developed an indicator which can detect fake-breaks on the chart. In the following you'll find the definition of the fake break candles and also you will find how to recognize it on the chart with practical examples. What is the fake break pattern? Sometimes support and resistance lines broke with a full body and strong candles that gives us...