Hi everyone, I'm sharing a simple script I made for a friend. He was looking for a way to add another asset to his chart, and monitor relevant movements \ spot eventual correlation, especially when trading Cryptocurrencies. We couldn't find a similar script already available so here it is - the code is commented and I hope it's clear enough :) Notes: - The...
NOTE!* If you were using my previous + Rate of Change (and OBV) indicator, I will not be updating that. OBV was moved to my + Breadth & Volume indicator. This indicator here is basically and updated version of the old indicator, without OBV. The Rate of Change, or RoC, is a momentum indicator that measures the percentage change in price between the current period...
I took the script for the built-in indicator for candle bodies of a higher timeframe (www.tradingview.com) which has a fixed border width and style and added the possibility to customize both the border width and the border style or to even disable the display of any border at all, which makes the presentation of those boxes more flexible.
Introduction : Channels are very useful tools to assess overextended price, volatility and upcoming retracement or impulsive moves (such as Bollinger Band squeezes). It is an indispensable addition to any trader using Mean Reversion theory for a scalp-trade or swing-trade. This script contains : - 2 channels Keltner-style, usingthe True Range for...
This is a public and open-source lighter version compared to the "Overextended Price Channel" which is provided complimentaty to the Trend Insight System. Introduction : Channels are very useful tools to assess overextended price, volatility and upcoming retracement or impulsive moves (such as Bollinger Band squeezes). It is an indispensable addition to any...
An indicator that measures movement inefficiency Inefficient movement, that is, the range market becomes a high number, the limit is reached at about 60 and a trend occurs When the range breaks and a trend occurs, the inefficiency drops to about 40 and many trends end. The full-scale trend goes down further and goes down to about 25, which is evaluated as an...
TRB (True Range Breakout) plots the current TR (true range) as well as the previous TR high over n periods. If the current TR is greater than the previous TR high, then the TR histogram will become red. Red signals high volatility. Enter trades only when the histogram is above the TR high line. Happy trading! 🥳
This is original indicator by Thomas Bieravic from a book of "Trading Systems and Methods" (Wiley Trading) 6th Edition by Perry J. Kaufman. The author was change volume on true range in formula and added signal line for analyze of volatility. Enjoy it!
Cracking Cryptocurrency - Quadrigo Position Sizing This indicator is designed to work in conjunction with our position sizing calculations pursuant to the Quadrigo Indicator. This indicator will allow a trader to input their Account Balance and desired Risk % that they have decided, through their statistical analysis, provides them the greatest Return on...
Cracking Cryptocurrency - Quadrigo An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels. This indicator gives the user a powerful range of input variation, from Average to Median True Range and a myriad permutations of smoothing and look back lengths, to build an objective value...
The Fear And Greed Indicator is a very popular indicator on the Bloomberg platform and since I didn't have actual source code to work with, this is a very close approximation of that indicator. Let me know if you spot any discrepancies with the original and I will do my best to fix them. For buy and sell signals it is pretty straightforward. Just buy when the...
Uber ATR is a customizable ATR indicator that measures volatility within a given time frame. The indicator tells about how much price fluctuates but does not say anything about how much it actually moves into one direction. Use trend following indicators for that purpose. Option: Exclude Unfinished Candle Option to exclude the current unfinished candle from...
Trade Risk Management is an Average True Range (ATR) indicator and a Risk Management Worksheet combined. Think widget, spreadsheet or worksheet that calculates how much you should invest in any equity. This enables the trader to very quickly determine the level of volatility of any equity, allowing them to adjust their entry position size based on current and...
Simple visualisation of Average True Range in Pinescript V4. The script has two modes: Running and Trailing. In Running mode, it continuously displays the ATR above and below the price. Specifically, it displays the High and Low price plus and minus the ATR times a user-supplied multiplier. This can be helpful for visualising volatility. In Trailing mode, it...
Version of giphy.com that uses Laguerre filter instead of SMA, so, react faster
This multi-timeframe 21-period true range channel uses an improved calculation to accurately calculate the indicator's value with every new bar on the time frame your chart is set to. Previously the indicator only recalculated with every new update on the timeframe used in its security function. This means that this improved script plots the real, current value of...