Key Factors traced - Price: EMA (Exponential Moving Average) - Volume: WMA (Weighted Moving Avg.) - Strength (Momentum): RSI (Relative Strength Indicator) Default parameters 1. RSI at 9. Over brought & Under sold to 50 to be used as a median. This can be altered to the traditional 70:30 or 60:40 2. WMA at 21 3. EMA at 3, Exponential for Intraday trades
this script is a combination of 3SMA"s of 20 period. it works very good in low time frame, the breakout candle will confirm the trade n also sl Will be sMall.
Japanese below. 日本語の説明は下記 This indicator shows high/low price of previous day(yesterday), last week and last month. Yesterday’s high/low are shown on 4 hour or lower timeframe charts. Last week’s high/low are shown on Daily or lower timeframe charts. Last month’s high/low are shown on Weekly or lower timeframe charts. Each price can be enabled/disabled to show...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Level: 2 Background A bull market is gaining ground and is economically sound, while a bear market is declining and most stocks are depreciating. The actual origins of these terms are unclear, but one reason could be that bulls attack by pulling their horns up while bears attack by brushing their paws down. Function L2 Bull Bear Convergence Divergence...
Level: 2 Background Momentum indicators are technical analysis tools that can be used to determine the strength or weakness of the stock price. Momentum measures the speed at which stock prices rise or fall. Common momentum indicators are the relative strength index (RSI) and the moving average of convergence divergence (MACD). Function L2 Momentum Line...
Hi. this is Tirano Introduction to Volume Paradox 1. The lines where the support or resistance acts once are expressed by lines. Once hit and bounced, there is a retest through bounce, and it is likely to bounce again. - Therefore, if you enter from the section represented by the line when the recurrence occurs, the probability of linking with the profit is...
Hi there, MAGICBAND consists of 2 lines above or below the price which acts as a resistance/support band in strong trending markets. It is a trend indicator, unlike regular indicators, where we use the signal line , MAGICBAND takes help of Double MACD and Pivot points to establish strong reversal points in any instrument you trade. Since volume is incorporated...
Hello All, This is Market Profile script. "Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical axis against time on the horizontal,...
This is a simple script that allows you to show the start of a trading session with a vertical line and label. Currently, 3 major sessions are supported (Tokyo, London and NY) and there is an option to define a custom session too. Per session, you can configure the open hour and minute, whether you want to enable it and the color of the line/label. Give it a...
What is This? The Displaced Moving Average Channel (DMA) indicator is a combination of two moving averages calculated on the high and low of a set time period back which are displaced forward or backward with the center highlighted as a central channel. What Information Can I Get Out of It? This indicator can be used as a support or resistance as some...
Volume Treshold If volume of a candle is more than x percent of the average volume of the last n candles, it changes colour. Can be shown on the candles themselves and could be set to independent figures vs the volume bars Both elements of this, the volume bars and candles could be edited independently with the following values; - Lookback period how many bars...
Logarithmic regression (or known as Tseng's tunnels), is used to model data where growth or decay accelerates rapidly at first and then slows over time. This model is for the long term series data (such as 10 years time span). The user can consider entering the market when the price below 25% or 5% confidence and consider take profit when the price goes above 75%...
This indicator is just hybrid of super trend and VRSI level script (open script at my page) just another super trend ( i made so may variation of this that I need to find new ideas:)) the signal controlled by rsi length / and RSI high or low (here set to 35 and 70 ) and regular control of Super trend initialy i wanted to make it as a filter script for other...
Level: 2 Background The KDJ oscillator display consists of 3 lines (K, D and J - hence the name of the display) and 2 levels. K and D are the same lines you see when using the stochastic oscillator. The J line in turn represents the deviation of the D value from the K value. The convergence of these lines indicates new trading opportunities. Just like the...
- Introduction: Alert Module - This alert module is part of my powerful and flexible modular trading framework. It can be used with any indicator that has a signal plot output (1 = long / -1 = short) This trading framework is the result of many years experience building indicators and trading strategies. I couldn’t find a trading framework in Pine Script that...
Sweet OHLC is a tasteful and flexible take on displaying the OHLC data for the previous and current trading sessions. Features include… During Pre-Market Hours (midnight to market open) Previous Day's High Previous Day's Low Previous Day's Close During Market Hours (session hours) Previous Day's High Previous Day's Low Previous Day's...
Version 1.0 of our PT Crypto Kill Zones indicator helps create a visual of specific times throughout the trading day, which we can expect volatility. The market moves within particular sessions. These sessions are broken up as such in three segments, NY, London & Asia. Toggles - Market Open highlights the opening of each market. Daily Zone – highlights a period...