This script is made by Bollinger Bands and Volume , BB is using customize setting to filter the surge volume. Good to use in Cryptocurrency When Volume Breakout and price is drop, chance to collect at lower price Try to find out Price * Volume Divergence , a best entry point with low risk
Full Credit goes to LazyBear for publishing Original Code. I added: Threshold lines that changes the color of Histogram based on if it exceeds Threshold lines. Ability to turn off and on. Ability to Turn Histogram Off/On Ability to turn Twiggs Money Flow Line Off/On
A simple trend continuation strategy based on Ichimoku, moving average, Stochastic and MACD
This is an experimental strategy that uses a Volume-weighted MA (VWMA) crossing together with Machine Learning kNN filter that uses ADX and MFI to predict, whether the signal is useful. k-nearest neighbours (kNN) is one of the simplest Machine Learning classification algorithms: it puts input parameters in a multidimensional space, and then when a new set of...
Ratio based MACD This indicator is used to calculate MACD of ratio of prices of 2 symbols. Given the inputs for Symbol A and Symbol B, the ratio used is SymbolA/SymbolB. MACD is then calculated using this ratio value. Inputs for MACD are standard ones - Fast length, Slow length, Signal Smoothing. Additional MACD inputs are provided if you wish to use Simple MA...
The Ultimate Volatility Indicator was created by Richard Poster (Stocks and Commodities July 2021 pg 21) and this is a very simple but effective indicator. The idea behind volatility indicators is that when the indicator rises above a certain threshold then volatility is high enough and you can make a good amount of money riding the trend in the current direction...
This indicator helps the trader to determine on which bar there was an extreme spike in volume, painting the bar in a color of his choice. recommended settings: ultra-2.5 very-1.5 high-5.5 but you can choose others if they work better in your opinion and...
This is a 5 day moving average crossing long strategy in 10 min. chart, used in short term momentum trading strategy. Momentum trading Strategy: When S&P 500 index is at up trend (or above 60 sma ), buy 10+ stocks in top 20% stock RS ranking at equal weight using this MA5X_L strategy. Change stocks when any stock exited by algorithm. Back test start since...
Description of the Time_Wolna indicator The indicator is designed to study the behavior of time. There are many indicators that study just the price, a little less indicators that study the volume of trading and vanishingly few indicators that study time. This is not an oscillator, it does not have oversold or overbought levels. This indicator has an indefinite...
The script combines the three most important indicators on the chart. 1. A set of six moving averages ( EMA and SMA ), which can be turned on and adjusted at your discretion. 2. Indication of support and resistance levels, calculated according to the Bollinger scheme. 3. Pivot Point and the nearest goals using the Floor method with the possibility of selecting a...
This is the beginning of my bubble indicator. This was just getting down the price component next update will include: - Volume cross-verification - average volume peak increasing? - Bars since high - most important piece - Bubble ending alert, increased spacing between new highest bars.
This indicator is an implamentation of Hodrick-Prescott (HP) filter This filter is a mathematical model the can remove cyclical components from the price signal to get the trend components. "Lambda" is the smoothing factor and can have a value between 1 and infinity. "Length" is the number of previous prices that are included in the filter. The default...
A script to calculate a support / resistance level which acts as either a bounce level or a flip level. This is rather a macro play guide than a day trade tool. The average is calculated by taking into account monthly/weekly/daily highs and average them out. The script also paints fib levels based on the values of the upper and the lower band. While this was...
This SMA Script is modified and is based on 3 bands which are of 20 days, 50 days, 100 days average line. This is a very appropriate for Indian Markets. **How to Use :** ***BUY*** When the chart pattern is as follows :- - SMA 200 (Black) - SMA 50 (Red) - SMA 20 (Green) - "Last Traded Price" ***SELL*** When the chart pattern is as follows :- - "Last Traded...
This indicator enhances the RSI with support and resistance zones and an EMA. RSI: a regular RSI (default: orange / 14 period) EMA: an EMA on the RSI (default: light gray / 10 period) RSI support/resistance zones SR-Zones for bull markets: In a bull market the price tends to find resistance between 80 and 90 and support between 40 and 50 RSI. SR-Zones for...
This is a brand new concept of indicator that calculates the divergence in the behavior of price and the RSI. The yellow line indicates the change over the RSI and the blue line is for the changes of closing price.
Introducing the Mountain Oscillator. Why not trading while admiring the scenery? The main oscillator line is the black silhouette of the mountains, and each element of the landscape can be seen as a support or resistance - even the mountains far in the horizon, the misty band in the middle and the -1, 0 and 1 lines. (Well, almost every element... the sun is...