*Presenting a setup in which there is almost everything that an Intraday Trader needs. 1) Trend Indicators # Both the trend indicators are multicolored. # Very simple to Understand. Yellow means no trade zone, green - go long , and red - go short. # Trend Indicator 1 is an SMA(20). It will change its color according to the trend ...
Position size calculator for FOREX only! Lotsize is calculated by using properties described below. Properties: - Show position size: Will only be visible on 5m - 15m - 60m chart - Account Currency: - Account Size: Between 0 and 10 000 000 units of currency - Risk: Between 0 and 100% - Stoploss: Between 0 and 200 pips - Textcolor
Shows spot volume green and red and derivative volume as blue.
█ OVERVIEW This Pine script shows how it can be quite simple to personalize a built-in indicator for your needs. █ OUR SCRIPT Our objective was to add the current values for volume and its moving average in prominent view, and use brighter colors than the built-in. We started with the source code from the "Volume" built-in indicator. You can access the...
This script adds arrows to where Open and/or Close are. It is usually better to study seasonal volume with candles off, yet it is worth knowing where the closing price is.
This indicator is most convenient to work in a 1 hour time frame. So what will our strategy be? From the first buy signal after more than 4 sell signals, we make a profit between 1 and 3 percent. On the contrary, with the sell signal after more than 4 buy signals, we get 1 to 3 percent profit in short trading.
The difference between VWEMA and EMA. I refer to the following points. Break out/down Enthusiasm/Fear Color pattern UP Color : close > VWEMA > EMA DOWN Color : EMA > VWEMA > close
This is a simple application of OBV indicator (On-Balance Volume ), to visually determine when a given stock current obv is near the highest or lowest based on the number of lookback bars. Indicator examples: ### OBV value is near an all-time high ## breakthrough , stock value could set new all-time highs. rejection , stock value could come down or...
Volume Weighted Average Price (VWAP) Definition What is the Volume Weighted Average Price (VWAP)? The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and...
The SKYNET buy/sell 2.0 indicator generates buy and sell signals based on the following conditions: **Anchor line : This anchor line is calculated based on certain parameters. The anchor line is calculated in such a way that the stock/instrument moves around this anchor line. The calculation of the anchor line uses a look back period which is set to 9 by...
This indicator plots normal volume bar with some limit lines
I was looking for a script similar to ATR that would show percentage point volatility relative to current price. It's way easier to compare 2 different tickers, with similar entry conditions, and judge witch one has bigger gains predisposition than calculating everything with just ATR value. Unfortunately I haven't found any, so there is one I've composed out of...
Version 1.0 - The sessions indicator helps you separate Asia, London & NY trading zones. We found it very useful to identify each session for scalping benefits. The main strategy to this indicator is to scalp long/short at each sessions open/close where we suspect volatility to be at its peek. The high/low of each session is usually put in at the open/close of...
On Balance Volume (OBV) measures buying and selling pressure as a cumulative indicator, adding volume on up days and subtracting it on down days. OBV was developed by Joe Granville and introduced in his 1963 book Granville's New Key to Stock Market Profits. It was one of the first indicators to measure positive and negative volume flow. Chartists can look for...
Carpe Diem 2.0 Alerts, Still automating the original Carpe Diem scripts, now the V2 uses heavy Volume based filtering to help only trade in bullish markets, Search for Carpe diem 2.0 to see backtest results This Alerts script has been created to help with bot Automation allowing you to create custom alerts This script has 10 variations built within it which are...
Just an extended version of InSilicos great Hull Suite Added Functions - Second Hull Indicator with all options - HTF color fix for the bands and barcolors
DESCRIPTION It is the most popular and dependent Indicator, Relative Strength Index (RSI) . Now, I put inside a table to view chart momentum from Multiple timeframes. This indicator tells different Timeframe (30 minutes, 1 hour, 4 hour, 1 day, 1 week, 1 month) of RSI value within table form. HOW TO USE Can consider a Long position when all timeframes go...