This indicator shows the percentage of the upper and lower wicks in reference to the entire candle. Is recommended to use with white background.
The Average Deviation Bands indicator is a technical analysis tool that plots multiple bands around the average price of an asset. These bands are calculated using the standard deviation of the asset's price over a specified time period, as well as the average price of the asset over the same period. However, it's important to note that the standard deviation is...
Level: 1 Background In Traders’ Tips in January 2023, Vitali Apirine published an article in the January 2023 issue, “True Range Adjusted Exponential Moving Average (TRAdj EMA)”. I use pine v4 to script it. Function Vitali Apirine's article True Range Adjusted Exponential Moving Average (TRAdj EMA) presents how a security's True Range, which measures...
Level: 3 Background One of my favourite tool to see fast trends which is simple but powerful. It runs under below market logic. Function Best cose line is a tool to model the people's mood and preference in the market. I define a typical price as wcx, when wcx is above the best cost line, which means traders are willing to use higher price to buy, then if you...
This is a script to color code bars based on the bullish- and bearish combination. Bullish Combination Percent: Price >= 4% from yesterday and Volume today > Yesterday Dollar: Price >= 0.9 dollar from open Base Requirements - Price > Yesterday's close - Price > Open - Price is within 30% of high - Todays price range >= Yesterdays price range - Yesterday's...
The RSI ( Relative Strength Index ) is an oscillator-type indicator used by traders who perform technical analysis to estimate the status of overbought or oversold of an asset on the stock market. This tool gives the trader the advantage of comparing supply and demand (buying and selling), therefore, we must take into account the following interpretation for its...
ADX (ORIGINAL VERSION) The ADX Indicator ( Average Directional Index ), is a non-directional oscillator type indicator, that is, it quantifies the strength of a trend regardless of its direction. In its original version, it is made up of 3 lines that represent the direction and strength of the movement: • A line representing the ADX indicator. • A green line...
RSI BANDS: It is an exclusive product of ApiDevs, this indicator selectively integrates a series of highly advanced algorithms that aim to provide the trader with an effective and profitable trading system, based on a series of conditions that project the price direction with a reasonable probability. This indicator bears the name of “RSI Bands”, this is because...
Asteroid Belt Screener Observe the market in relation to the dynamic trend strength Asteroids Belt indicator, reference for trend trading opportunities. SCAN MULTI ASSETS WITH ALL 3 RESPONSIVE TIMES ALL AT ONCE The New Compliment Indicator to the much loved Asteroids Belt, providing a unique way to scan the market, never miss an opportunity with multi Asset...
The Pine Script strategy that plots pivot points and trend lines on a chart. The strategy allows the user to specify the period for calculating pivot points and the number of pivot points to be used for generating trend lines. The user can also specify different colors for the up and down trend lines. The script starts by defining the input parameters for the...
Get a snapshot of the market with the index's last price, distance to selectable moving averages, and breadth data. Choose to see data based on the Nasdaq or SPX, as well as net highs / lows for the Nasdaq, NYSE or combined. Snapshot shows: - Index's (SPX or Nasdaq's) last price - Put call ratio - % of stocks above the 50 day moving average for the index...
This indicator does one thing (and it does it extremely well)... Automatically plot levels at a set a set interval in a set range to create psychological levels on your chart. There are 3 Options: 1) The price range in which you'd like to plot these level lines 2) The interval (price range) between the levels 3) The color/style you'd like the line to by No...
For use on a TICK Index chart. Intended for 5 minute intraday chart There are approximately 2800 tickers on the New York Stock Exchange. The TICK index (ticker TICK) compares the number of stocks rising to the number of sticks falling. A perfect harmony of rising vs falling stocks would read "0" (zero) on the TICK index. A rising TICK reading will indicate...
TL_STRATEGY: The TL_STRATEGY , is a whole ecosystem of indicators that make up a quite powerful and famous strategy in cryptocurrency trading, it is composed of the following indicators: • Exponential moving media bands (10 and 55). • Squeeze Momentum indicator (SQZMON PRO +). • Volume profile (VP Developed by APIDEVs). • Average directional index ( ADX PRO...
The Momentum Squeeze Indicator is a momentum oscillator that indicates how explosively the price will move. Its first known version was called "TTM Squeeze" by John Carter explained in his book "Mastering the Trade" (chapter 11) and popularized in TradingView by a developer named LazyBear. The black crosses on the center line show that the market has just entered...
This tool is a good way to get quick position sizing. No need to use your calculator and find that your price asset is already out of your range. It works best with Cryptocurrencies Exchange way to manage position size calculation. Really useful when scalping. This tool tracks the last high and low following your custom lookback bars number. It also follows the...
Trop Bands is a tool that uses an exponential moving average (EMA) as its central trendline and upper and lower bands to identify potential buying and selling opportunities in the market. The bands are calculated based on recent moves away from the EMA, and they are plotted around the central trendline to provide a visual representation of market trends and...
Dear Traders.. This Startgy use the 3 tools 1- Trend Detection 2- draw the Ascending and Descending channels 3- Use the 3 Moving average for take the acceptant for position entry. If ascending channel and make the buy signal, then watch the EMA 2 if the price above the 2 EMA you can open the Long position. SL alittle under the 2 EMA Curve. for short position...