I've noticed that many Pine coders calculate buy and sell volumes by considering the volume of a bullish candle as buy volume and the volume of a bearish candle as sell volume. However, I believe this approach isn't very logical, especially for candles with long wicks like pinbars. Therefore, I've devised a method to calculate the buy and sell volumes of a...
Made For OTG Trader$ This indicator will help you to make gann levels + boundary levels very easily.
Entry Conditions: SMA(20) Source=High, Crossover SMA(20) Source=Low, Crossover SMA(50) Source=Close, >Long, <Short Highest(4) = Long Lowest(4) = Short Exit after 5 consecutive red candles.
Anil Trading Strategy version 1.0 The SuperTrend indicator is a popular trend-following indicator used in technical analysis. It helps traders identify the direction of the trend and potential entry and exit points. The SuperTrend is based on the concept of volatility, and it typically appears as a line on the price chart. Here's a basic overview of how the...
█ OVERVIEW ᴇᴍ VRVP (Visible Range Volume Profile) indicator calculates the volume profile within the visible range of prices. Volume Profile is an advanced technical analysis indicator that shows trading activity over a specified period of time at certain price levels. The indicator plots a histogram on the chart that reflects dominant or significant price...
based off the rsi with the 50% line cross indicating either buy or sell, Uses a default setting of 350 on the rsi length
Green triangles of a buy and the red for a sell, based off of the rsi indicator. The settings used for the upper limit is 52 while the lower limit is 48
//@version=4 study("RSI and Hammer Buy Signal", shorttitle="BuySignal", overlay=true) // RSI settings rsiPeriod = 14 rsiOverSold = 26 // Calculate RSI rsiValue = rsi(close, rsiPeriod) // Define the hammer candlestick pattern isHammer() => lowerWick = low - min(open, close) bodySize = abs(close - open) upperWick = max(open, close) - high ...
## Overview The L1 Dynamic Multi-Layer Bollinger Bands script is a custom indicator designed to provide a comprehensive analysis of price movements using Bollinger Bands, a widely-used technical analysis tool. The Bollinger Bands consist of a middle band being a simple moving average (SMA) of the close price, and an upper and lower band that are respectively 1.382...
The RSI indicator should be used on 4 hr charts or higher. Using a lower time frame will lag and not show the appropriate entry and exits.
Indicador bastante confiable basado en MACD y Stoch RSI. Se recomiemda su uso con las velas tipo Heikin Ashi. Apareceran los triangulos verdes indicando el cambio de tendencia, lo que se facilita en el grafico con el cambio de color de las velas Heikin Ashi
Un indicador es una comparación entre dos o más tipos de datos que sirve para elaborar una medida cuantitativa o una observación cualitativa. Esta comparación arroja un valor, una magnitud o un criterio, que tiene significado para quien lo analiza. Los indicadores se utilizan en diversos ámbitos.
juanelo script by Bud Spencer Un indicador es una comparación entre dos o más tipos de datos que sirve para elaborar una medida cuantitativa o una observación cualitativa. Esta comparación arroja un valor, una magnitud o un criterio, que tiene significado para quien lo analiza. Los indicadores se utilizan en diversos ámbitos.