This script is focused on shorting during downtrends and utilises two strength based indicators to provide confluence that the start of a short-term downtrend has occurred - catching the opportunity as soon as possible. This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can...
Standard-Deviation Adaptive Smoother MA is a Smoother moving average with standard deviation adaptivity. What is the Smoother Moving Average? The Smoother filter is a faster-reacting smoothing technique which generates considerably less lag than the SMMA ( Smoothed Moving Average ). It gives earlier signals but can also create false signals due to its...
The essential suite Indicator that are well integrated to ensure visibility of essential items for trading. it is very cumbersome to put symbol in the Tradingview chart and combine essential individual indicators one by one. Moreover even with such a combination, the chart is messy and visibility is not good. This is because each indicator is not designed with...
The volume indicator what can replace the built-in volume indicator and It also has some useful features. and designed to work as overlay in the same pane with open-source indicator by default. Regular volume Indicator Volume SMA plot Large Volume ! emphasize by color & mark. Ultra Volume ! overlay marking ; x2 x4 x6 lager than regular average...
Beta is a measure of an asset's volatility relative to the market (the S&P500 is the most widely used index for this). A beta of 1 indicates that the asset moves exactly like the market, a beta < 1 indicates that the asset is less volatile than the market, and a beta > 1 means that the asset amplifies market movements. This tool is used to calculate easily the...
Volatility Pivot Support and Resistance calculates "pivots" (support/resistance lines) based on current symbol/timeframe Average True Range calculated volatility. What is Average True Range? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading...
Determining trends and reversals are the keys to trading, yet very difficult. Parabolic SAR is hard to trade during choppy price action. SuperTrend is a bit late in determining changes of trend and not great and exit signals. So WonderTrend is a bit of both, a more stubborn PSAR, also a faster SuperTrend. The green is up, red is down, and yellow is caution...
ATR-Stepped PDF MA is and ATR-stepped moving average that uses a probability density function moving average. What is Probability Density Function? Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights. Included: -Toggle on/off bar coloring -Toggle on/off signals -Alerts long/short
"Extreme Bars" is a simple but useful indicator that marks overbought and oversold candles. This indicator paints candles that fall far above the average red, and the candles that rise above the average green. Of course, they can change these colors if they want. "Extreme Bars" can be interpreted in many different ways. The starting points of colored candles can...
█ OVERVIEW TASC's August 2022 edition of Traders' Tips includes an article by Markos Katsanos titled "Trading The Fear Index". This script implements a trading strategy called the “daily long/short trading system for volatility ETFs” presented in this article. █ CONCEPTS This long-term strategy aims to capitalize on stock market volatility by using ...
The Heikin Ashi Volatility Percentile (HAVP) Oscillator was inspired by the legendary Bollinger Band Width Percentile indicator(known as BBWP), written by Caretaker, and made famous by Eric Krown, a famous influencer. This script borrows aspects of the BBWP indicator which enables the HAVP oscillator to visually match the look and feel of BBWP and allows similar...
This indicator uses the very popular Williams Vix Fix for Bottoms by Chris Moody but not only does it search for bottoms, it can also be switch to work for tops for those who look to short the market. I've also added in a few options like flipping the indicator, color adjustments on the settings page, as well as cut a few of the options I feel did not need to be...
EMABBOL includes these indicators: - triple emas (9,21,50) - Bollinger Bands - Also includes buying or selling signals The following strategy is based on ema crosses and bollinger ma crosses, the Bollinger band gives us the target we could expect from our trades, using the upper and lower bands. Trading criteria Buy : Price crosses over the triple emas...
This indicator is based on volume and ma. This will help you to detect higher volume on chart. You can create alert to stay updated. I am using Fibonacci golden ratio to multiply the current volume. My logic is if volume comes greater than factor of Fibonacci number and current volume then consider it as a insider entry.
This indicator visualizes in a straight forward way the distance price is away from the mean in absolute standard deviations (Z-score) over a certain lookback period (can be configured). Additionally I've included a moving average of the distance, the MA type can be configured in the settings. Personally using this indicator for some of my algo mean reversion...
Average Day Range (ADR) is an indicator that calculates the average range of high to low of the candles for a set period of time. This is more useful for intraday trading, where, on an average day, you'd expect price to trade in a range similar to the ADR. This indicator also includes an Intraday Day Range (IDR), which can be used to track progress of the intraday...
This is a redesign of the Chandelier Exit indicator. It removes stupid transitions between Chandelier Exit' states and highlights initial points for both lines. This indicator was originally developed by Charles Le Beau and popularized by Dr . Alexander Elder in his book "Come Into My Trading Room: A Complete Guide to Trading" (2002). In short, this is a trailing...
This indicator is a detrended price series using the Parabolic Stop and Reverse (SAR) trailing stop, resulting in a bounded oscillator in the range (-100, 100). The SAR output is also normalized to obtain a noiseless oscillator which can complement the detrended price. Settings Start: Initial value of the convergence factor used when a new trend is detected...