█ Overview The Hourly Trading System (Zeiierman) is designed to enhance your trading by highlighting critical price levels and trends on an hourly basis. This indicator plots the open prices of hourly and 4-hour candles, visualizes retests, displays average price lines, and overlays higher timeframe candlesticks. It is particularly beneficial for intraday...
This indicator is designed to perform multiple non-linear regression analysis using four independent variables: close, open, high, and low prices. Here's a breakdown of its components and functionalities: Inputs: Users can adjust several parameters: Normalization Data Length: Length of data used for normalization. Learning Rate: Rate at which the...
Indicator Description The Supertrend Indicator is a versatile and adaptive tool designed to help traders identify trends and potential reversal points in the market. This indicator offers two modes: Aggressive and Smoothed, allowing users to customize the trend detection according to their trading style and market conditions. Key Features Two Supertrend...
📊 The Foundation: Core Parameters and Inputs Filter Number: This parameter is the cornerstone of the script’s sensitivity control. It adjusts the threshold for market volatility that the script considers significant enough for a trade. By default, it's set to 1.5, striking a balance between aggressiveness and conservatism. Traders can tweak this number to make the...
Description: MTF EMA Cloud By Ripster EMA Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the EMA cloud area serves as support or resistance for Intraday & Swing Trading. This can be utilized effectively on 10 Min for day trading and 1Hr/Daily for Swings. Ripster himself utilizes various...
Adaptive Trend Classification: Moving Averages Overview The Adaptive Trend Classification (ATC) Moving Averages indicator is a robust and adaptable investing tool designed to provide dynamic signals based on various types of moving averages and their lengths. This indicator incorporates multiple layers of adaptability to enhance its effectiveness in various...
The "Filtered MACD with Backtest " indicator is an advanced trading tool designed for the TradingView platform. It combines the Moving Average Convergence Divergence (MACD) with additional filters such as Moving Average (MA) and Average Directional Index (ADX) to enhance trading signals. This indicator aims to provide more reliable entry and exit points by...
The strategy script provided is a trading algorithm designed to help traders make informed buy and sell decisions based on certain technical indicators. Here’s a breakdown of what each part of the script does and how the strategy works: Key Components: Hull Moving Averages (HMA): HMA 5: This is a Hull Moving Average calculated over 5 periods. HMAs are used to...
The GMMA Toolkit is designed to leverage the principles of the Guppy Multiple Moving Average (GMMA). This indicator is equipped with multiple features to help traders identify trends, reversals, and periods of market compression. The Guppy Multiple Moving Average (GMMA) is a technical analysis tool developed by Australian trader and author Daryl Guppy in the late...
(ENG): This Pine 5 script provides various tools for configuring and displaying different support and resistance levels, as well as moving averages (EMA and SMA) on charts. Using these tools is an essential strategy for determining entry and exit points in trades. Support and Resistance Levels Daily, weekly, and monthly support and resistance levels play a key...
Bayesian Trend Indicator Overview: In probability theory and statistics, Bayes' theorem (alternatively Bayes' law or Bayes' rule), named after Thomas Bayes, describes the probability of an event, based on prior knowledge of conditions that might be related to the event. The "Bayesian Trend Indicator" is a sophisticated technical analysis tool designed...
I have developed a Pine Script indicator on TradingView designed to demonstrate how to automate execution for ten instruments. This example utilizes a straightforward, Simple Moving Average (SMA) indicator. You can use it as a template, but use your indicator. The indicator computes long/short signals based on the crossing of the SMA using the security...
Developed by Tim Tillson, the Tilson Moving Average (T3) is a trend indicator with the advantage of having less lag than other ones. That is, a faster moving average. The T3 moving average is an "indicator of an indicator" as it includes several EMAs of another EMA. Unlike other moving averages, the t3 adds the so-called volume factor, a value between 0 and 1....
No Lag Supertrend indicator improves upon the original supertrend by incorporating calculation methods that enhance responsiveness and accuracy. Traditional supertrend indicators often suffer from lag, which can delay signals and affect trading decisions. No Lag Supertrend addresses this issue through the use of KAMA (Kaufman’s Adaptive Moving Average) and Hull...
DCAquant - High Probability OS/OB The DCAquant - High Probability OS/OB Pine Script is a sophisticated indicator that provides insights into overbought (OB) and oversold (OS) conditions based on Hull Moving Averages (HMA) and Volume Weighted Moving Averages (VWMA). Here's a detailed breakdown of its functionality: ...
The HRC (Hash Rate Capitulation) indicator is a measure of hash rate trend strength. It is the fractional difference between a long and a short simple moving average (SMA) of the bitcoin hash rate. Historically, the 21-day and 105-day SMA work well for this indicator. The hash rate generally increases over time, but when the short SMA crosses below the longer-term...
This is a sniper entry indicator that provides Buy and Sell signals using other Indicators to give the best possible Entries (note: Entries will not be 100 percent accurate and analysis should be done to support an entry) Moving Average Crossovers: The indicator uses two moving averages: a short-term SMA (Simple Moving Average) and a long-term SMA. When the...
Indicator Name: Double Keltner Channel with EMA (Buy/Sell Signals) Description: This indicator is designed to help traders identify potential trend reversals and generate buy/sell signals in volatile markets. It combines two Keltner Channels with different sensitivities (multipliers of 2.6 and 3.8) to visualize dynamic support and resistance levels. The...