1 Indicator Purpose: • The indicator serves as a technical analysis tool for traders to identify potential bullish and bearish trends in the market. • It highlights periods where the closing price is above or below a 50-period simple moving average (SMA), indicating potential bullish or bearish sentiment,...
This script is for displaying historical prices and technical analysis on a chart. It has two main sections: 1. **Displaying Historical Prices**: This section shows information about past prices, including open, high, low, and close prices. 2. **Technical Analysis**: In this section, you can apply moving averages and display price ranges for different daily...
The Garman-Klass-Yang-Zhang Volatility Estimator (GKYZVE) is yet another attempt to robustly measure volatility, integrating intra-candle and inter-candle dynamics. It is an extension of the Garman-Klass Volatility Estimator (GKVE) incorporating insights from the Yang-Zhang Volatility Estimator (YZVE) . Like the YZVE, the GKYZVE holistically considers open, high,...
Introducing the Pivot Profit Target! This script identifies recent pivot highs/lows and calculates the expected minimum distance for the next pivot, which acts as an approximate profit target. The image above details the indicator's output. The image above shows a table consisting of projection statistics. How to use The Pivot Profit Targets can be...
The Yang-Zheng Volatility Estimator (YZVE) integrates both intra-candle and inter-candle dynamics, such as overnight and weekend price changes, offering a more detailed analysis compared to traditional methods. The YZVE is proposed to improve over the standard deviation by accounting for the open, high, low, and close prices of trading periods, instead of only the...
regression is an easy to use combination of rsi and macd. You can determine your buy location with the macd signal in the lower band of the channel and below rsi 20. A very useful combination between RSI and linear regression that shows a clear trend. It is not recommended to be used for entry/exit points as it is. It's very powerful for trend analysis and...
The "VWAP Divergence" indicator leverages the VWAP Rolling indicator available in TradingView's library to analyze price and volume dynamics. This custom indicator calculates a rolling VWAP (Volume Weighted Average Price) and compares it with a Simple Moving Average (SMA) over a specified historical period. Advantages: 1. Accurate VWAP Calculation: The VWAP...
This indicator, referred to here as "VWAP Rolling," is a technical tool designed to provide insight into the average price at which an asset has traded over a specified rolling period, along with bands that can indicate potential overbought or oversold conditions based on standard deviations from this rolling VWAP. Purpose and Utility: The indicator's primary...
The Trend Chameleon, originally developed by Alex Cole for the Bloomberg Terminal, is a powerful tool designed to simplify trend identification and illuminate potential trading opportunities. It leverages a clear visual display to decode market movements, making it useful for traders of all experience levels. 🟠 Overview Here's an illustration of how the...
The Parkinson's Volatility Estimator (PVE) provides an alternative method for assessing market volatility using the highest and lowest prices within a given period. Unlike traditional models that predominantly rely on closing prices, the PVE considers the full range of intra-candle price movements, thereby potentially offering a more comprehensive gauge of market...
shoutout to lux algo or the "polynomial regression extrapolation" script and "machine learning: gaussian process regression", and immortalfreedom who inspired this script with his closed source "quadratic regression trend channel" script. fyi im a new coder and im welcome to any critiques and criticisms. feedback is welcome. if anyone has any ideas for this...
inside bar breakout with a look back period of 5 candles, both bullish and bearish breakout
Exploits the misaligned price movement of the asset relative to USD. Spikes, detected by this indicatre have a super high probability to revert in the lower time frame. Best used for scalping and with the Executor Extension in bfg9000ea.com
using Hullma with Long Short Signal. when Long signal: enter Buy when Short signal: enter Short on green line, continue to Long on redline, continue to short. timeframe: 1M- 1 month
MACD 4C Indicator with Divergence This indicator, named MACD 4C, enhances the traditional MACD (Moving Average Convergence Divergence) by providing a visually intuitive representation with four distinct colors for the histogram bars. It offers a clear interpretation of market momentum and potential trend reversals. Key Features: Customizable Parameters: Users...
Certainly! Here's the merged summary for the "Jasmy Erection Giver" indicator: --- The "Jasmy Erection Giver" indicator is a powerful tool designed to assist traders in identifying potential buy or sell signals by detecting divergences between price action and the Relative Strength Index (RSI). This indicator combines two types of divergence analysis: price...
"Institutional MA Viewer" is a Pine Script that displays three critical moving averages calculated on a weekly basis: a 10-week Simple Moving Average (SMA), a 21-week Exponential Moving Average (EMA), and a 40-week SMA. Designed to work on any chart timeframe, this tool ensures that traders can analyze long-term trends without needing to switch to a weekly...