Today I propose a simple but an effective tool to use as a trend identifier. It is simple because it doesn't require user to tinker with it and it works on all scripts and all time frames. It is effective because it's based on what I believe to be the most used ma's by the traders who are successful and usually trade with large qty. So, what's under the...
™TradeChartist Plotter is an extremely useful and adaptive indicator that connects to any oscillator to plot highs and lows, Divergences and also Bull and Bear Zones based on the Oscillator and user input to filter zones. When plotted as normal or Heikin Ashi price bars/candles, the divergences can be plotted on price bars and in addition ™TradeChartist MA...
™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗗𝗿𝗶𝗳𝘁𝗲𝗿 is an adeptly designed, functional and a visual indicator that plots trend-following Support and Resistance walls by employing the concepts of Trend-based Support and Resistance, Momentum and Volatility, based on user defined lookback length, and includes three extremely useful Visualizers - Drift Bands Visualizer , Drift Strength...
™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗥𝗶𝘀𝗸 𝗠𝗲𝘁𝗲𝗿 is a very useful and a well designed indicator, that packs a range of Risk utility tools including Trend Based Stochastic Oscillator, Bollinger Bands %B , Volatility Risk Oscillator, RSI Oscillator and RSI Risk Oscillator, along with further visual risk assessment tools like Divergence Spotter, Trend based Strength detector among other...
- Hurst Exponent Signal Filter - The Hurst Exponent Signal Filter is meant to be used with an external signal source, this can be any indicator with a signal plot output (-1 Sell / 1 Buy) It filters out a lot of noisy signals and improves the performance of many indicators. - Example: How to Use - 1. Add a trend Indicator like Trend Index MTF to your...
™TradeChartist Ichimoku Trader is an elegant and functional breakouts trading indicator that generates trade signals based on two types of breakouts - True Ichimoku Kumo Breakouts and Ichimoku Trade Bands Breakouts, which can be further filtered using ™TradeChartist MA Visualizer and/or using an external Filter....
- NLX Modular Trading Framework - This Noise Filter is build upon a logic of Hurst Exponent and MA-ATR %-Distance to Price and does a great job at filtering choppy trades and noise. The Hurst Exponent will analyze a time series and determine whether it is a geometric Brownian motion, mean reverting or trending and effective at filtering out whipsaws. -...
™TradeChartist Visualizer is a fully packed Trader's toolkit that helps decide Trade Entries and Exits based on Bollinger Bands and Donchian Channels breakouts and can be further exploited by the use of various visualizers and built in Filters like Ichimoku Cloud, 15 different Moving Averages, RSI, TradeChartist's original MA Visualizer and Automatic Levels...
Over the years, many FIR filters have been proposed by the Pine community, with the standard way of computing them being `for` loops. The arrival of arrays allows for a new, more efficient way to compute them. This script provides a template showing how you can compute FIR filters using Pine arrays. FIR Filters FIR stands for "Finite Impulse Response", and...
The 3 Pole Butterworth Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 196-197) and this indicator is a moving average that also works well as a trendline. Buy when the indicator line turns green and sell when it turns red. Let me know if you would like me to publish other indicators or if you want something custom done!
The 2 Pole Super Smoother Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this follows the price very closely and very useful because it is consistent with uptrends and falls sharply during a sudden downtrend so it should be able to help you stay more profitable. Buy when the indicator line turns green and sell when it turns red. Let me...
This is an experimental study inspired by techniques primarily utilized in the visual and audio processing worlds. This study is designed to serve as a pre or post processing filter designer that allows you to shape the frequency spectrum of your data on a more "in-depth" level. First the data is fed through my Band-Shelf Equalizer function. The EQ in this script...
The new array feature is extremely powerful, as it will allow pinescript users to do more complex things, or compute existing calculations more efficiently, it will also be possible to shine some light to some already existing functions, one of them being percentile_nearest_rank . We have been working on this new feature with our pal alexgrover, and made this...
If the volume is less than N% of the average, then it is not displayed.
™TradeChartist Range Bands is an exceptionally well designed Entry/Exit indicator that plots fluid Range Bands and dynamic Support/Resistance levels on chart, along with trade entries by using both trend following and mean reversion principles. =================================================================================================================== ...
This indicator is based on the deviation of the average price value given the dynamics of the volume. Thus, receiving a negative value, the mood becomes more bullish. But when a colored background appears, it signals an even more amplified signal. The colored background is based on an abnormality.
The Script is an Amalgamation of Two prominent Scripts in One 1. Ehlers 2 Pole ButterWorth Filter 2. Wave Channel 3D Intuitively, Buy when Candles are above all the filter Lines Sell when Candles are below the Filter Lines CREDITS
This Indicator helps you get alerts from Vortex Indicator if a trend is Established. One of my followers asked me to do this: @Kiran_05 How this is made ? 1. Vortex Crossovers are taken into consideration in a noise filtered manner 2. Noise filtering is done by trend establishment due to Ehlers 2 pole ButterWorth Filter and EMA50 Crosses How to use it ? 1....