Technical indicators are not limited. Hence, here is another indicator with the combination of OBV, RSI, and MACD along with support, and resistance that follows the price while honoring the moving average of 200, 90 & 50. The default lookback period of this indicator is 21 though it is changeable as per the user's desire. The highest high and lowest low for the...
GNC got a little update: 1) Logic changed a bit. I tried to calculate MAs based on the power(high - low of previous bars).You can see it the M-variables, as new statements were added in calculation section of MAs. I don't really know if I did right, because I didn't go too much in Pine Script. I just wanted to make a Bollinger-bands-like bands, which could...
An experiment with pinescript's line.new() function. The Autodrawn Pivot Levels indicator draws horizontal lines in areas where prices have been flat, which serve as pivot points. This can be useful for pivot trading as it visually shows several critical levels
Infiten's Return Candle Oscillator is an oscillator which shows the percentage return on the open, high, close and low over a customizable period in the form of candlesticks. It may be helpful for seeing volatility, swing trading, or mean reversion trading. The RCO consists of two plotted elements : RCO Candles (short length): candlesticks which are plotted...
Wizard Algo: ============================== Features of the indicator: - BULL/BEAR Signals - TP (Take-Profit) and Exit System - Possible Reversal Signals - Reversal Scalper - Reversal Bands - Trend Bar Colors - Auto Support/Resistance Levels - Auto Trend-Lines ================================ Description: 1. Signals: The signals consists of 2 different...
Todays Script uses 5 Moving Averages with the new function on V5 called fill, we can now colour fill between moving averages. 9ema 20ema 50ema 100ema 200ema 100-200ema which is labelled in Redis where the big impulse moves will fall into if the pressure is so strong on the opposite of the trend. 50-100ema which is labelled in Blue is where price could be heading...
Hello * Line Color Red: Downtrend * Line Color Yellow: Strict Monitoring for trend violation or change * Line Color Green : Rising trend * Red Bubble: Start of price bubble formation * Red Bubbles : Correction expectation increased * Green Bubble: Price low level * Green Bubbles: Onset of rise, expectation of reaction * We have a fixed line on the graphic...
The Multi Trend Oscillator is a tool that combines the ratings of several indicators to facilitate the search for profitable trades. I was inspired by the excellent indicator "Technical Ratings" from Team TradingView to create an alternative with a technically new approach. Therefore, it is not a modified copy of the original, but newly conceived and...
SignalsPirate™ S/R Tweezers take your Support & Resistance trading to the next level! Instantly and accurately see all instances of temporary break above/below S/R to find the best reversal and price action rejection entries! A tweezer in trading is defined when a candle high/low breaks above/below a key level of S/R before closing the opposite side of the...
SignalsPirate™ Sniper S/R provides instant and accurate levels of critical Support and Resistance for any asset on any timeframe! Improve your technical analysis and decrease time spent with this simple tool! The simplicity of this package ensures traders of all levels of expertise can utilise this tool and experience its benefits to the fullest. The 2 variables...
SignalsPirate™ Scalper has been created specifically for asset scalping to help improve your short term trading by accurately identifying ‘Buy’ and ‘Sell’ opportunities! The simplicity of this package ensures traders of all levels of expertise can utilise this tool and experience its benefits to the fullest. The only variable that alters the tools performance is...
SignalsPirate™ Oscillator Divergences is the ultimate tool for divergence traders! With this all in one Oscillator package, you can quickly check bullish, bearish, regular and hidden divergences on all popular Oscillator indicators! The main inputs for this divergence package are the ‘Lookback Length’ and ‘Indicator Smoothing’. The loockback simply determines...
SignalsPirate™ Algo Premium includes standard Buy and Sell signals on the chart, All-in-One Premium Market Dashboard with current trades, and a wide variety of customizability to help you create your own, unique trading strategies. The main Input options are 'Reactivity' and 'Depth', which allow for a dynamic trend following strategy that works on all time frames...
Divergence Energy Pro acts as an trend & volatility indicator calculated by combination of Moving Average data. The Green bar indicates bullish energy, while the Red bar indicates bearish energy. The length of the colour (red/green) bar indicates the energy's strength/momentum. When the fisrt or second Green bar above the Zero Axis 💚 and MA line represents a...
What this indicator does: This indicator will be scanning for ranges of extremity. It measures multiple underlying factors in the financial markets like measuring levels of strength using RSI, momentum using Stochastics and extreme ranges using Bollinger Bands. What is "extreme range" criteria: ranges above 70 or below 30 on RSI and Stoch are considered extreme,...
The original Average True Range (ATR) indicator is a technical analysis indicator designed to measure volatility. The higher the ATR the higher the volatility. The RECON ATR Volatility Percentage indicator calculates the Average True Range (ATR) as a percentage. Suggested chart timeframes: 1h, 4h and 1D seem to produce the most useful intel but can be used on...
The Moving Average Support and Resistance Channel is a channel that consists of trend lines of resistance and support of the analyzed instrument, represented as moving averages with the selected type and smoothing period on a certain timeframe, where: - Middle Line - the middle of the channel (the moving average of the pivot point using the Floor Pivot method) -...