The price on the charts moves quite chaotically, but when we look at a given interval (and eliminate the noise created on the lower interval), we can distinguish trend price movements up and down. They are almost never a straight line, but the price reaches higher and higher lows - we have up trend or lower and lower highs when we have a down trend. There are...
Overbalance script tracks trend moves and biggest corrections in those moves. Based on last trend extreme value (low or high) it can draw line symbolizing correction equal to the biggest correction in that trend. It can track up to 20 independent (both up and down) trends on one chart. Overbalance method works on an assumption that trend continues until we...
Summary : Market price is simply a dance of liquidity to the specific market. tl;dr: "Cash come-in, market moon; Cash go-out, market doom" In Simple Language : Large changes in the money flow to an asset often mark local price extremia. Academic paper: Title: Z-Score(Slope(OBV)): An Efficient Indicator for Identifying Local Extremes in Asset Prices...
This script boxes a custom session and sets the box at the high and low of the session and draws that box to the next session. Box color is determined by price in relation to the box position. Box color is set at the start of the next session. This allows user to lookback at multiple box sets to see how each day closed in relation to the session highlighted. I...
This indicator is based on a zigzag and shows swings and market structure breaks. It is very useful to analyze trend changes in short, medium and long periods. Features: 1 - Lower Lows, Lower Highs, Higher Lows and Higher Highs 2 - Colored candles/bars Change of Character Good luck!
----------------- Hey there! The indicator is used for both an overall and a short trend assessment. Both superordinate structures and subordinate movements are mapped. With the help of calculations via Ema , MACD and other tools, graphic trends can be visualized. The green areas always signal an uptrend, while the red areas indicate a downtrend. The red &...
----------------- Hey there! The indicator is used for a rough trend assessment. Both superordinate structures and subordinate movements are mapped here. With the help of a calculation via Ema and MACD , different timeframes can be displayed in the same chart. This makes the multi-timeframe analysis extremely easy. On all Asset classes! The indicator is...
Trading Indicator Lab’s Trend Navigator for TradingView is an indicator that can help you reveal the underlying trends in any chart on any timeframe. Determining Trends It only takes a minute or two to analyze the indicator with its simple yet insightful methods of representing bullish, bearish and ranging price action across the chart. It forms a single line...
Nifty-Banknifty-Option-Writer tool is having signals like below 1) Bullish signal for taking long trade 2) Bearish signal for taking short trade 3) Triangle UP signal for trend change Long trade 4) Triangle Down signal for trend change Short trade 5) Big Arrow down signal for closing long trade if u have any short trades 6) Big Arrow UP signal for closing...
ENGLISH: Goersch Trend Indicator for TradingView is a trend indicator that shows the actual trend and the trend strength based on the price movement of the past. The indicator can be used for any underlying and trading timeframe. The special feature is that it is extremely easy to interpret and that it works "out-of-the-box". The calculation automatically...
Greetings, I imagine there is already some similar scripts as this one but I couldn't find one so I decided to add something. We are looking at convergence and divergence signals of moving-average values of 3 different volume time frames. The time frames can of course be tweaked to ones liking, I set up Vol-MA8, 20 and 50. A strong enough divergence in at least...
Trend Buy and Sell Indicator TBS identifies trend based on price cross-over/cross-under to a moving average. Confirmed Up-trend is displayed in green and Down-trend in red backgrounds. Before a trend is confirmed price cross-over is displayed in blue and cross-under in orange backgrounds. Once an uptrend is confirmed, TBS suggest buys based on touch downs to a...
Trend shift Candles (Expo) identifies where the market characteristics change. Trend shifts often occur in these areas. This is visualized with white candlesticks and Zones. -> When the market enters a positive trend the candlesticks become green and when the market enters a negative trend the candlesticks become red. -> The user can choose which timeframe to...
This script uses 25-75 treshold of stochastic RSI with the help of kijun-sen as confirmation, to find entry points to any trend either newly developed or an established one. I just realized it on the 1 hour SPX chart. Sure it can be used on other symbols. Crossing above/below 25/75 line of sto RSI is considered as buy/sell signal. Signals are evaluated whether...
The study combines Bearish and Bullish Engulfing pivot strategy with strong trend confirmative indicators: Directional Movement Index (DMI) Parabolic SAR RSI Bands Engulfing patterns in market provide a useful way for traders to enter the market in anticipation of a possible reversal in the trend. Engulfing candles tend to signal a reversal of the...
Kalman filter on multiple RSI periods. Usefull on higher timeframes to confirm a change of trend.
Script shows probable trend change I don't recommend trade in consolidation.