This indicator identifies potential breakout opportunities based on the high and low points formed within the first 12 candles after the market opens on a 5-minute timeframe. It provides visual cues and labels to help traders make informed decisions. Features: Market Open High/Low: Marks the highest and lowest price of the first 12 candles following the market...
This indicator uses market data to calculate Polarized Fractal Efficiency (PFE) on an asset, so traders can have a better idea of which direction it may go. Users can control the lookback length for the fractal calculation, the lookback length for the Exponential Moving Average (EMA), and whether or not to display lines at the -50 and 50 level, or -25 and 25...
Heikin-Ashi Band Proximity Indicator Overview: The Heikin-Ashi Band Proximity Indicator is a an analytical tool engineered to pinpoint critical price junctures where the Heikin-Ashi closing values align with the upper and lower thresholds of the Dynamic Adaptive Regression Bands . This indicator delineates these intersections through distinct green and red...
Gator Tail Building on Bill William’s Alligator, the Gator Tail provides the trader with a scaled value of deviation between the market price and the rolling average. Meant to be used as a trend reversal indicator, best results when combined with the Awesome Oscillator (AO). Script Theory Basics This script is based off of the Bill Williams Alligator...
The tool helps you figure out how many units (lots) of a financial instrument you should trade to keep your risk within a specific dollar amount. It considers the entry price, stop-loss (SL) price, and the amount of money you're willing to risk. How It Works To use the indicator you need to select: - Entry Price: The price at which you plan to enter the...
Indicator Overview: VolCorrBeta The VolCorrBeta indicator is designed to analyze and interpret intermarket relationships. This indicator combines volatility, correlation, and beta calculations to provide a comprehensive view of how certain assets (BTC, DXY, CL) influence the ES futures contract (I tailored this indicator to the ES contract, but it will work...
The Wolf DCA Calculator is a powerful and flexible indicator tailored for traders employing the Dollar Cost Averaging (DCA) strategy. This tool is invaluable for planning and visualizing multiple entry points for both long and short positions. It also provides a comprehensive analysis of potential profit and loss based on user-defined parameters, including...
Introducing the Premium Imbalances Indicator, a powerful tool designed help traders identify and analyze market imbalances. This advanced indicator offers a comprehensive suite of features to enhance your trading experience and provide valuable insights into market dynamics. Key Features: Fair Value Gap (FVG): Identify price ranges where the market has not...
ChatGPT Certainly! Here's a TradingView Pine Script that combines EMA crossover with RSI to generate buy and sell signals. The script will give a buy signal when the 20 EMA crosses above the 50 EMA and the RSI is below a certain threshold (indicating it's not overbought). Similarly, it will give a sell signal when the 20 EMA crosses below the 50 EMA and the RSI...
RSI Multiple TimeFrame, Version 1.0 Overview The RSI Multiple TimeFrame script is designed to enhance trading decisions by providing a comprehensive view of the Relative Strength Index (RSI) across multiple timeframes. This tool helps traders identify overbought and oversold conditions more accurately by analyzing RSI values on different intervals...
This script is based on the article “Defining The Bull And The Bear” by Chuck Duckas, published in Stocks & Commodities V. 25:13 (14-22); (S&C Bonus Issue, 2007). The article “Defining The Bull And The Bear” discusses the concepts of “bullish” and “bearish” in relation to the price behavior of financial instruments. Chuck Dukas explains the importance of...
Description: The "Candle Analysis Bias" indicator is designed to provide visual cues on the direction of price movements by labeling candles as either "Bullish" or "Bearish" based on specific criteria. This indicator helps traders quickly identify shifts in momentum and potential trend reversals. Features: Directional Labels: Candles are labeled "Bullish" if the...
Price vs VWAP Performance (PvVWAP) This indicator visually displays the deviation between the current price and VWAP (Volume Weighted Average Price), helping you to determine the strength of a trend. How it Works VWAP Calculation: Calculates the Volume Weighted Average Price (VWAP) over a specified period. Standard Deviation Calculation: Calculates the standard...
█ OVERVIEW Sessions is a trading toolkit that displays the different trading sessions on your chart during a trading day. By default, Sessions displays the four standard trading sessions; New York, Tokyo, London, and Sydney. Each of the four sessions can be toggled, and the Sessions indicator is completely customizable, allowing users to define their own...
Volume, Volatility, and Momentum Metrics Indicator Welcome to our comprehensive TradingView indicator designed to provide traders with essential volume, volatility, and momentum metrics. This powerful tool is ideal for traders looking to enhance their market analysis by visualizing key indicators in a concise and easy-to-read format. Key Features 1. Volume...
The Comprehensive Correlation Meter is designed to provide traders and investors with insights into the relationships between multiple financial instruments. This script expands upon an existing idea on TradingView about correlation by introducing the ability to analyze the correlation between three markets, offering deeper insights into market relationships. It...
its just for identifying moving average crossover 20 and 50 to identify trend in stocks easily without taking much time