This indicator helps show whether Bulls or Bears have more power at a given time. On the chart, you can see how one might use this indicator for entry, exit, and confirmation. The math used to calculate the indicator line is as follows: bullPower = high - MA bearPower = low - MA indicatorLine = bullPower + bearPower If the indicator is above the...
Buying the dip has never been easier! LNL Pullback Arrows are here to pinpoint the best possible entries for the trend following setups. With the Pullback Arrows, trader can pick his own approach and risk level thanks to four different types of arrows. The goal of these arrows is to force the traders to scale in & out of trades which is in my opinion crucial when...
This script displays whether the EMA's align on Multiple-Timeframes. The user will set the EMA periods to use to determine the trend. This is useful for Multi-timeframe analysis and ensuring you are not trading against the HTF trend. This script also benefits users who use only a single screen as it is troublesome to switch to multiple timeframes to check EMA...
This indicator combines two features: VWAP bands for range trading and trends for trend-following. The white bands offer support/resistance levels ideal for range trading: short when rejecting off the upper band, long when rejecting off the lower. Take profit either when hitting the (faint gray) midline and/or when hitting the band on the far side. The trend...
Using this indicator you can easily view Divergence, and Market Tend in Mutitimeframe NOTE: This is stranded RSI I only added colours for easy cath the market trend. I'm not regarding anything with this indicator. All risk is yours Thank you
You can filter the trend with this indicator. Green Lines indicate a short-term up trend and Red lines indicate a short-term downtrend. and black lines indicate short-term consultation. I'm not regarding anything with this indicator. All risk is yours Thank you
Combination of the box theory by Nicolas Darvas and the turtle system. If the price is above the box, it's long. If the price is below the box, it's short. And follow tags for exit. Simple game plan. Darvas box theory is a technical tool that allows traders to target stocks with increasing trade volume. The Darvas box theory is not locked into a specific time...
Variable Moving Average(VMA) with a view of the trend based on the VMA on multiple timeframes. The Variable Moving Average (VMA) is a study that uses an Exponential Moving Average being able to automatically adjust its smoothing factor according to the market volatility . The timeframes of the indicator must be set to a higher timeframe than whatever timeframe...
This is very simple trend following or momentum strategy. If the price change over the past number of bars is positive, we buy. If the price change over the past number of bars is negative, we sell. This is surprisingly robust, simple, and effective especially on trendy markets such as cryptos. Works for many markets such as: INDEX:BTCUSD INDEX:ETHUSD ...
Backstory of the Maverick Trend Line: If you just want to know what the indicator does and how it works, you can skip this part and jump straight to the next section. However, I thought it would be useful to provide some background as to how I came up with this script, as it turned out to be quite different from what I originally planned it to be. This is the...
Delta Volume is Difference between Buying Volume and Selling Volume. This indicator gives the Delta Volume based on Lower TimeFrame Candles. It utilizes security_lower_tf() function, a function that provides Lower TF candle data in Higher TF Chart. security_lower_tf() is a new function provided by TradingView yesterday. If you are a PineScript Programmer, I...
----------------- 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 &...
Declutter your charts. Simple indicator combining trend and momentum using Moving Average (currently default to 9-day EMA) and RSI (default length of 8). A long signal is generated when the price closes above the moving average and the moving average color turns red to green which indicated that the momentum measured using RSI is greater than 50. A short signal is...
Indicator showing pivots and interpret a trend out of it. Pivots are calculating with deviation parameter to validate with more precision. Trending moves are calculated according to Dow Theory : In an uptrend, if the price made a new high, the price must make a new high to confirm the trend, otherwise, it might signal a possible change in the trend. In...
Following on from the previous Pullback Candle which smashed over 100 likes - here we have the strategy behind the indicator. Signal = Pullback Candle (This will alert on all timeframes and markets when selecting the Alert function for the Signal Entry = When the Pullback Candle is confirmed ie 16:00 - the strategy will enter within the next two candles. Stop...
This is my first Pine Script attempt. Nothing special, just an "all in one" for the most common things I use, and what I have found to be the most common in a lot of strategies. Great for free and limited accounts as it combines 7 total indicators into one. -- First 5 indicators are Independant Moving Averages: -Each one can be set for length, as well as source...
Hello Traders, Here i bring to you my 2nd Price Action Atr based Indictor combined with fib entry and exit trailing levels with minimum risk and maximum profit , as we must have seen at times as we enter the trend reverse and hits our stop losses . Keeping that in mind as i too struggled and made losses so i decided and focused more on minimizing the stop loss...
All-in-one trend filter Trend-following strategies are relatively easy to achieve, especially in backtesting. If only we knew what trend we were in! Let me help you: - MAs crossovers - Selection of the type of MAs - Selection of MAs periods -Super trend (optional) -Trend zones based on trend lines (optional) - Secret sauce How to use it? Do not open Longs if it...