This indicator is a modified version of SteverSteves's original work, enhanced by Erika Barker. It visually represents asset price movements in terms of standard deviations from a Hull Moving Average (HMA), commonly known as a Z-Score. Key Features: Z-Score Calculation: Measures how many standard deviations the current price is from its HMA. Hull Moving...
The Mean Reversion Cloud (Ornstein-Uhlenbeck) indicator detects mean-reversion opportunities by applying the Ornstein-Uhlenbeck process. It calculates a dynamic mean using an Exponential Weighted Moving Average, surrounded by volatility bands, signaling potential buy/sell points when prices deviate. TABLE OF CONTENTS 🔶 ORIGINALITY 🔸Adaptive Mean...
An oscillator which de-trends the Relative Strength Index. Rather, it takes a moving average of RSI and plots it's standard deviation from the MA, similar to a Bollinger %B oscillator. This seams to highlight short term peaks and troughs, Indicating oversold and overbought conditions respectively. It is intended to be used with a Dollar Cost Averaging strategy,...
**IF YOU NEED EXTRA SPECIAL HELP UNDERSTANDING THIS INDICATOR, GO TO THE BOTTOM OF THE DESCRIPTION FOR AN EVEN SIMPLER DESCRIPTION** Dickey Fuller Test: The Dickey-Fuller test is a statistical test used to determine whether a time series is stationary or has a unit root (a characteristic of a time series that makes it non-stationary), indicating that it is...
About This is a simple indicator that takes into account two types of realized volatility: Close-Close and High-Low (the latter is more useful for intraday trading). The output of the indicator is two values / plots: an average of High-Low volatility minus Close-Close volatility (10day period is used as a default) the current value of the indicator When...
This script calculates the dispersion of a basket of 5 FX pairs and then calculates the z-score the z-score is then made into a composite using the 30 and 60 ema of the z-score to smooth any noise. It must be used on one of the FX pairs in the basket and on the 1-minute timeframe as it has been hardcoded for 1 min use below. Interpretation - Dispersion is a...
Experience the power of multi-dimensional analysis with our Multi-Currency RSI Indicator (MCRSI). This innovative tool allows traders to simultaneously track and compare the Relative Strength Index (RSI) of eight different currencies in a single chart. The MCRSI calculates the RSI for USD (DXY), EUR (EXY), JPY (JXY), CAD (CXY), AUD (AXY), NZD (ZXY), GBP (BXY),...
The Relational Quadratic Kernel Channel (RQK-Channel-V) is designed to provide more valuable potential price extremes or continuation points in the price trend. Example: Usage: Lookback Window: Adjust the "Lookback Window" parameter to control the number of previous bars considered when calculating the Rational Quadratic Estimate. Longer windows capture...
Introduction The key innovation of the ALAC is the implementation of dynamic length identification, which allows the indicator to adjust to the "market beat" or dominant cycle in real-time. The Auto-Length Adaptive Channels (ALAC) is a flexible technical analysis tool that combines the benefits of five different approaches to market band and price deviation...
📜 ––––HISTORY & CREDITS 🏦 This script, titled " Reversion Alert", was developed by TinTinTrading with the intention of creating an easy visual tool based on the relationship between the price and different Exponential Moving Averages (EMAs). It is something TinTinTrading has learned over the years from studying the Investor's Business Daily courses and...
The Adaptive Mean Reversion Indicator is a tool for identifying mean reversion trading opportunities in the market. The indicator employs a dynamic approach by adapting its parameters based on the detected market regime, ensuring optimal performance in different market conditions. To determine the market regime, the indicator utilizes a volatility threshold. By...
The Intraday Mean Reversion Indicator works well on certain stocks. It should be used for day trading stocks but need to be applied on the Day to Day timeframe. The logic behind the indicator is that stocks that opens substantially lower than yesterdays close, very often bounces back during the day and closes higher than the open price, thus the name Intraday...
LNL Simple Hedging Tool Simple Hedging Tool was created specifically for swing traders who struggle with hedging. This tool helps to spot the ideal moments to put the hedges on (protection of the portfolio during "high risk" times). Simple Hedging Tool will not help you when day trading. It was designed for the daily charts. It is called simple because it is...
Rekt Edge Reversion band is a technical indicator that utilizes a combination of moving averages and standard deviations to determine optimal entry and exit points in the market. By comparing the current price to its moving average, the indicator identifies potential trends and determines how you can position around them by plotting buy/sell signals and two...
A basic statistic to describe "ranges". There are three inputs: - short range - long range - moving average length The output is a ratio of the short range to the long range. In the screenshot example, the short range is a single day (bar) and the long range is five days. A value near "1" would mean that every day entirely fills the five day range, and that a...
Keltner Channel Bands These normally consist of: Keltner Channel Upper Band = EMA + Multiplier ∗ ATR Keltner Channel Lower Band = EMA − Multiplier ∗ ATR However instead of using ATR we are using RMA This gives us a much smoother take of the KCB We are also using 2 sets of bands built on 1 Moving average, this is a common set up for mean reversion...
Cuban's Quick Action Channel Cuban's Quick Action Channel, is an indicator designed to predict likely areas of price reversion, using a tighter channel mechanism with a lower time preference in comparison to Cuban's Reversion Bands. It has been developed through extensive research and development over the last two years and has evolved into a tool that can...
Cuban's Reversion Bands V2 Cubans Reversion Bands, are a great indication of price overextension by using specified standard deviations, extended from a moving average basis line, the Volume Weighted Average Trend. Reversion Bands V2 builds off the original foundation in a big way but utilizes completely new band logic and a more stable basis line, the...