The VWAP indicator is another of our suite of volume indicators and one which was first referred to in 1988 when it appeared in an article entitled “The Total Cost Of Transactions On The NYSE” in the March edition of the Journal Of Finance from that year, which went on to explain its importance, particularly from an institutional perspective, which underpins its...
This indicator monitors the ETH/BTC position changes of the Bitfinex whales. When the indicator is on an upward trend, it signifies that the whales are accumulating long positions in ETH/BTC. Conversely, when the indicator drops sharply, it indicates that the whales are exiting their long positions in ETH/BTC. Since 2017, the actions of Bitfinex whales have shown...
Overview Have you ever wondered why tickers have such erratic movements that seemingly come from nowhere? These "rug pull" events happen quite often and can catch even the most seasoned traders off-guard. Unlike most other indicators which rely on historical data to make inferences about future price movements, the Rug Pull Detector (RPD) enables you to take...
Overview: This indicator helps with giving a conversion from ES, SPX and SPY to each other. Will help with setting levels on the chart based on the one of the 3 securities. For example, if you have a level from ES (futures) and want to correlate that level in the SPY, then you can put the ES option and the level you want to watch and will put the line in the...
Title: Noa: Z-distance from VWAP with Kalman Smoother Description: The "Z-distance from VWAP with Kalman Smoother" is a tool constructed on the premise that price evolves in distinct stages: normal or extreme trends (upward or downward) and transitional periods, termed as 'flips'. The Volume Weighted Average Price (VWAP) serves as a benchmark, representing...
The Intraday Volatility Bands aims to provide a better alternative to ATR in the calculation of targets or reversal points. How are they different from ATR based bands? While ATR and other measures of volatility base their calculations on the previous bars on the chart (for example bars 1954 to 1968). The volatility used in these bands measure expected...
This is an open source version of the original I posted a couple of years ago.... Multitple TimeFrame Swingarm system borrowing from the Blackflag FTS indicator. This throws up 5 resolutions of ATR thresholds, only showing the current bar level using a horizontal line across the full chart. I don't like the historical information charted, just need to know the...
This is a simple but effective indicator based on simple volume. What does this indicator for you: Zones are drawn on the basis of volume peaks. It is used for this purpose the closing price to the high or to the low depending on the direction of the candle. How can this be used: With volume peaks one assumes that a movement has reached your end for the time...
What Is Z-Score? Z-score is a statistical measurement that describes a value's relationship to the mean of a group of values. Z-score is measured in terms of standard deviations from the mean. If a Z-score is 0, it indicates that the data point's score is identical to the mean score. A Z-score of 1.0 would indicate a value that is one standard deviation from the...
Library "ZigLib" Calculate the points for ZigZag++. You can use custom data and resolution for your ZigZag++. Sample Usage import DevLucem/ZigLib/1 as ZigZag = ZigZag.zigzag(low, high) bgcolor(direction<0? color.rgb(255, 82, 82, 80): color.rgb(0, 230, 119, 80)) line zz = line.new(z1.time, z1.price, z2.time, z2.price, xloc.bar_time, width=3) if...
This is a strategy intended primarily for algorithmic traders. It's a pseudo-grid bot that uses a dynamic, volume-weighted grid that only updates when the RSI meets certain conditions. It's also a breakout strategy, whereas normal grid bots are not (typical grid bots sell when a higher grid is reached, whereas this strategy sells when a lower grid is breached...
Sessional & Daily Liquidities - Beta: Harnessing the Power of the Institutional Funding Candle (IFC) in Trading Introduction: The Sessional & Daily Liquidities - Beta indicator places the Institutional Funding Candle (IFC) at its core. Within the realm of trading, the IFC stands as a key signal for identifying Points of Interest (POIs) , offering...
Internal Ranges Analysis - IRA - Beta Introduction: Internal Ranges Analysis - IRA - Beta is a cutting-edge technical analysis tool designed to enhance your trading prowess. This beta version introduces three vital concepts: "Liquidity Sweep" , "Single Candle Mitigation Entry" , and "Single Candle Order Block Entry" . These concepts provide traders with...
Structure Mapping v3.0 with Demand & Supply Zones Introduction: Structure Mapping v3.0 with Demand & Supply Zones marks a significant advancement in the realm of technical analysis and trading tools. This latest version of the indicator is designed to offer traders a comprehensive understanding of market structure and key demand and supply zones based on a...
RSI PRECISION v.3 (MACD, StochRSI, SMA Signals) Developed by Giorgos Protonotarios (2021-2023) RSI PRECISION is an alternative to the classic Relative Strength Index (RSI). The indicator aims to enhance the classic RSI and make it more accurate on longer timeframes. Additionally, the indicator works as an advanced signaling machine, offering five different...
An Insight into Structure Mapping and Order Block Identification with Smart Money Concepts Introduction: Structure Mapping & Order Blocks Advanced - Beta serves as a fundamental pillar in the realm of Smart Money Concepts . This indicator adeptly charts the market structure based on a refined version of SMC while identifying Order Blocks. All the concepts...
█ CONCEPTS In modern day strategy optimization there are few options when it comes to optimizing a risk reward ratio. Users frequently need to experiment and go through countless permutations in order to tweak, adjust and find optimal in their data. Therefore we have created the Risk Reward Optimizer. The Risk Reward Optimizer is a technical tool designed to...
Trend lines have always been a key indicator that may help predict many different types of price movements. They have been well known to create different types of formations such as: Pennants, Channels, Flags and Wedges. The type of formation they create is based on how the formation was created and the angle it was created. For instance, if there was a strong...