Identifies divergences in price action between the VIX (volatility index) and a ticker. Divergences can be a 'red flag' identifying lack of confidence in the price action. Best used in with volume studies, across multiple time frames, and across multiple tickers. Supports any volatility ticker (VIX, VXN, RVX).
So I have been using the linear regression indicator that is built in but wanted to see it represented as bands around price like a keltner channel. I added in 4 tiers of of bands as I have found on shorter time frames that quick spike moves up or down usually end up in the +/- 4 deviation level before presenting a good opportunity to scalp. The linear regression...
This is a linear trend indicator that can: - automagically adjust to different chart resolutions - snap to day/session boundaries on intraday - totally not do the above and use ye olde good fixed lookback window - show the regression trend and its RMSE channels - disregard the trend and just show the period average and standard deviation lines (often acting as...
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security. What is Volume? The volume represents all the...
Volatility is a market pulse, like breathing. And it's deviations is being considered as a signal attenuation. When You want to know how far is the current price of it's mean value, You can use this indicator to determine 3-sigma rule. The mean line (like moving average) shows if the market is in it's UpTrend state or the DownTrend state. When it hits it's...
This is part 3 of 11 in the system named Ninetales/Volt V2 you can find on Tradingview. It simply measures all of the combinations of the defined parameters for Bollinger Bands, and returns the most logically accurate values. Use it however you would use standard Bollinger Bands, just add your preferred values to test against each other, and set the period you...
Draws 3 leg bands along with safe zone(green lines) based on input 1) Input ATR, Week Day, Current Market Close 2) Input ATR - Previous day 1H Max ATR 3) ADX < 25 4) Input Current Market Close 5) Trading Day - Mon/Tue/Wed/Thu/Fri - Bands distance calculated based on day M/Tu/F 2*(Max ATR), W/Th 1.5(ATR) 6) Safe zone green lines - CMPCls +/- (1.5 * Max ATR) 7) Leg...
1) The script takes current INDIA VIX as input Daily time frame for NIFTY 2) Used a Formula VIX Value / Square root of Time Period 3) Change Timeframe input accordingly 1 Year = 1, Monthly = 12, Weekly = 52, Daily = 365 4) based point 2 formula with 1 standard deviation it creates upper & lower range bands 5) This is generally used for option selling by big...
Here is a simple Standard Deviation Line based on supply and demand that will help you to find expected move easily. 3 Standart Deviation merged line available. Number of days and adjustable length.
Standard deviation levels to determine if the price is over-extended in the positive/negative direction about the user defined MA line. Historical confluence with the different levels can be used to estimate and predict the probability of a significant price retracement within given time-scale; and to help anticipate if the price is nearing local or all-time highs/lows.
//Every spread & central tendency measure in 1 script with comfortable visualization, including scrips's status line. Spread measures: - Standard deviation (for most cases); - Average deviation (if there are extreme values); - GstDev - Geometric Standard Deviation (exclusively for Geometric Mean); - HstDev - Harmonic Deviation (exclusively for Harmonic...
This script embodies the application of the Bollinger Band and Money Flow Index in John A. Bollinger's book "Bollinger on Bollinger Bands." "Bollinger on Bollinger Bands" suggests a relatively method of analysis by applying the Bollinger Band to an indicator. Here's one of the indicators, Money Flow Index. Money Flow Index is an indicator of overbuying and...
The Dexie Indicator is a complete Forex trading system built for the 5 min chart. It is suitable for Nadex users and provides BUY/SELL signals with alerts and comes with a series of 8 custom built Moving Averages designed to reduce the need for chart drawing. This indicator can be used by beginners out of the box and requires very little trading experience to be...
Just 2 Moving Averages with adjustable settings and shifting capability, plus signals and predicting continuations. At the time of publish these different types of MAs are supported: - SMA (Simple) - EMA (Exponential) - DEMA (Double Exponential) - TEMA (Triple Exponential) - RMA (Adjusted Exponential) - WMA (Weighted) - VWMA (Volume Weighted) - SWMA...
The Semi Deviation Point calculates the positive value as the standard deviation of only samples that has high value than the simple moving average. The negative value is the same standard deviation, but only uses the low value and multiply for -1. After this calculate the value is divide by the value of simple moving average and multiplied by hundred to get a...
This indicator was created to see the total dollar (or whatever currency pair) amount spread between the upper and lower Bollinger Bands. This knowledge of knowing this spread can be used to indicate upcoming periods of high volatility in a market. The fundamental idea behind predicting periods of high volatility is backed up by the idea that periods of low...
Overreaction Indicator (OI) Class : overreaction indicator Trading type : intraday trading Time frame : 1 day Purpose : momentum/contrarian trading Level of aggressiveness : standard Overreaction Indicator is designed for intraday trading purposes. The indicator is based on the Overreaction Hypothesis. According to this hypothesis, after an abnormally...
Modified version of Squeeze Momentum Indicator visualizing on Price Chart author: LazyBear, modified by KıvançÖZBİLGİÇ