Three VWAP bands plotting the
1. Standard VWAP
2. A VWAP band with a % shift to the upside and
3. A VWAP band with a % shift to the downside
This script enables a VWAP range similar to Bollinger Bands and signals oversold and underbought regions.
Study Name: Elder-Keltner-Impulse-MA Study by STTA
English:
This indicator shows in a combined way three Keltner Channels with EMA21 and multiplier 1,3,5, the Elder Impulse System and a short EMA 11 to recognize the valuation zone, according to various strategies of Dr. Alexander Elder.
This indicator can be applied on all symbols.
Inputs: displayed...
ATR based Triple Stop Loss levels that are plotted on the chart (like moving averages!).
With ATR Levels plotted on the price chart itself, you can better set your volatility based trailing Stop Loss.
Also helps to define the SL when making an entry into a stock.
Note:
This indicator is supposed to be used on Daily and Weekly Charts.
For other timeframes...
Here's an updated version of the CBG Keltner Channel indicator.
1. Added a new option for painting bars and backgrounds.
- Option 5 will paint up bars if the midline moving average is moving up and price is above the control moving average. It will paint down bars if the opposite is true. If neither are true, it will paint a neutral color. The neutral color...
Chande's Variable Index Dynamic Average (VIDYA) is similar to the Exponential Moving Average (EMA), but automatically adjusts the smoothing weight based on price volatility.
VIDYA was developed by Tushar Chande and presented in Technical Analysis of Stocks & Commodities magazine in March 1992.
In the first version, a standard deviation was used as the...
This script embodies the application of the Bollinger Band and Money Flow Index in John A. Bollinger's book "Bollinger on Bollinger Bands."
"Bollinger on Bollinger Bands" suggests a relatively method of analysis by applying the Bollinger Band to an indicator.
Here's one of the indicators, Money Flow Index.
Money Flow Index is an indicator of overbuying and...
Psychology of a Market Cycle - Where are we in the cycle?
Before proceeding with the question "where", let's first have a quick look at "What is market psychology?"
Market psychology is the idea that the movements of a market reflect the emotional state of its participants. It is one of the main topics of behavioral economics - an interdisciplinary field...
Trends & Ranges uses EMA ATR bands as a SuperTrend indicator.
How to use:
This indicator can be used to give you a direction bias, with the added function to create ranges which often lead to reversals or flat trading periods. Trade the break-out or wait for pull backs in the direction of the trend.
I'm not great at explaining stuff and will probably make...
Mad Move allows to highlight big candles on graph and trigger alerts when a big candle appears.
it allows you to react quickly on your trades if necessary.
Only one parameter:
"Move Size: price variation amount (default: 30)
Time frame is decisive. Logically, the smaller it is, the more the relevance increases
To create an alert, you must activate the script on...
The purpose of this indicator is to draw a horizontal grid having in mind:
- rounded price levels instead tradingview standard grid, zoom-based;
- calculated by volatility, using daily ATR;
- independent of timeframe in use, locked to DAILY calculations.
Further improvements are intended.
Wish this could be useful. Any questions, feel free to comment.
This is an indicator from a book "Street Smarts—High Probability Short Term Trading Strategies" by L. Raschke & L.Connors.
I made it in histogram style for more comfortable reading chart:
- green histogram is buy signal or buy opportunity;
- red histogram is sell signal or sell opportunity;
- gray histogram is forward moving from last signal.
Enjoy it!
I created a version of Parabolic SAR when I accelerate it not based on the difference from the extreme point but based on current ATR. So the idea is that for a more volatile market it should move faster.
Performance is calculated based on 25% equity invested and 0.1% commission.
What do you think about it? Does it make sense to do something like that?
Do you...
Simple indicator to help show when stocks are over extended intraday. It's based on the distance between a stock and it's moving average. The thesis being that, the farther away a stock is from it's 20 period simple moving average, the move extended it is. I've found that when a stock is more than 2-3% extended from it's 5min 20 period moving average, it's...
The double bollinger band indicator uses a normal bollinger band with a multitude of 2 and on outer band with a multitude of 3. The indicator shows momentum by the price being stuck between the higher or lower bands. If price is in the middle then it is a neutral zone. The band's moving average is a default of 20 sma but included there are two extra simple moving...
nothing excessively new here..
a map of standardized trend over multiple lengths, extra parameter for smoothing the input source(close) will remove noise.
My script builds upon another user-submitted script by rebuilding the logic used to identify candlestick patterns. The logic in my script is a mix of strict and lax guidelines to mitigate false flags and present valid buy and sell signals.
-To use this indicator, simply add it to any chart. It will identify trends on any time frame although the lower you go, the...
![AAPL: [CP]ATR Triple Stop Loss Levels](https://s3.tradingview.com/6/6u4I9BXI_mid.png "[CP]ATR Triple Stop Loss Levels")
![QQQ: [HM] HORIZONTAL GRID ROUNDED (VOLATILITY BASED)](https://s3.tradingview.com/n/njZ3C9ec_mid.png "[HM] HORIZONTAL GRID ROUNDED (VOLATILITY BASED)")
![BTCPERP: Indicator: Raschke Compase [xQT5]](https://s3.tradingview.com/1/10AVuhor_mid.png "Indicator: Raschke Compase [xQT5]")
![ETHUSDT: ATR Parabolic SAR Strategy [QuantNomad]](https://s3.tradingview.com/l/LKfHdoNv_mid.png "ATR Parabolic SAR Strategy [QuantNomad]")
![GE: [RS]Standardized Trend Map](https://s3.tradingview.com/9/9Jvlu3Ms_mid.png "[RS]Standardized Trend Map")
