Multi Range Pivots works by recognizing the high and low of the timeframe selected and plotting range high to MEAN averages and range low to MEAN averages. This is essentially the VWAP pivots updated to include not only VWAP as a MEAN, but also SMA, EMA, VWMA, DEMA, TEMA, TRIMA, KAMA, MAMA, T3, H/L basis and Donchian basis. Also, with high and low no longer...
This Indicator displays the two different Averange Percentage Range (APR) and the Percentage Range of the current bar. If the long term APR is over the short term it indicates a lower volatility otherwise a higher. You can set the calculation method, rising for (highest/lowest-1)*-100 or falling for (lowest/highest-1)*-100.
This is a mod of a script by informanerd that has helped me immensely with my trading setup. HUGE HUGE HUGE credit to him! Check him out! He gave me permission to publish this and so here I am, sharing it with you. I hope you all like it! This version is functionally essentially the same - the difference is in visualization choices and automation. Instead of...
This script shows three measures of volatility: historical (hv): realized volatility of the recent past median (mv): a long run average of realized volatility implied (iv): a user-defined volatility Historical and median volatility are based on the EWMA, rather than standard deviation, method of calculating volatility. Since Tradingview's built in ema function...
The indicator is inspired by Toby Crabel's work. Originally 2-Bar NR pattern is defined as the narrowest range from high to low of any two day period relative to any two day period within the previous 20 market days. However, this script allows user to look for N Bar narrowest range within user defined numbers of previous days Settings are as follows: 1. N...
High/Low Anchored VWAP simply plots an Anchored VWAP at High and Low, within a set range (D,W,M) , with a central "Basis" plot of the High and Low anchored VWAPs *DISCLAMER* This indicator repaints. DO NOT set alerts or backtest using this indicator.
Narrow Range (NR) trading strategy is a breakout-based method that assumes that the price of security trends up or down after a brief consolidation in a narrow range. This indicator can plot: 1. Narrow Range (NR) 4, 7, and 21 2. Narrow Range (NR) 4, 7, and 21 + Inside Bars (IB) NR 4/NR 7/NR 21 day acts as a confirming factor on where the price will move further....
This script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the...
This Indicator uses Average True Range (ATR) to determine a safe place to put stop losses to avoid being stop hunted or stopped out of a trade due to a tight stop loss. Default multiplier setting is 1.5. For a more conservative stop loss use 2 and for a tighter stop loss use 1. ATR and stop loss prices are displayed in table at bottom of screen. Use high(red) for...
Relative volatility highlights large changes in price. This was designed to be used with my relative volume indicator so that traders can see the effect of volume on price action. It is also a good tool to analyse breakout patterns to identify best entry points and waves. Above shows relative volatility and relative volume working together.
This tool displays relative volatility and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range. Can be used to identify patterns such as parallel channels and likely direction of price action as pictured below.
Create lines based on the demand for long/short, extracted from price range.. this lines have nothing to do with volume and liquidity, its just a interpretation of price range.
This indicator is designed to pick up changes in volatility before it happens. It also shows current volatility, as price action drops the blue lines contract. The script uses the blue lines to locate spikes in volatility. Example of dump revealing itself with plenty of notice. Here large changes in price action are shown when the white lines spike....
Supertrend Bands What is the Supertrend indicator? "The Supertrend indicator is a trend following overlay on your trading chart, much like a moving average, that shows you the current trend direction. The indicator works well in a trending market but can give false signals when a market is trading in a range. It uses the ATR (average true range) as part of...
Allows you to define session range with local time and its timezone, also can toggle session visibility any day of week.
This indicator is based on ADX and helps identify if a market is ranging/consolidating or trending. Default setting are as follows: 0-15 Absent Trend 15-25 Weak Trend 25+ Strong Trend FYI: 50-75 Very Strong Trend 75-100 Extremely Strong Trend You can configure 3 levels of strength (Absent, Weak & Strong) Please keep in mind that a...
This scripts forms a range based on time, then looks for the levels of premium (the difference between spot and perpetual price) and plots a signal depending on breakout or breakout. The indicator only works properly on Binance perpetual futures charts. If you're not on a Binance perp chart, the metrics will default to a Biannce:BTCUSDT vs Binance:BTCUSDTPERP...