Indicator-based analysis is used by many traders to help them make decisions on what trades to take and where to enter and exit them. TradingView has 100+ built-in indicators for market analysis, based on industry-standard formulas. The public library contains 5,000+ custom built indicators, created by talented community developers. Custom indicators are coded in the Pine programming language which allows users to create them from scratch. Indicators are calculations that are displayed on the chart, based on price or volume.
• Zig Zag indicator plots points on the chart whenever prices reverse
by a percentage greater than a pre-chosen variable.
• Forecasts area based on zigzag statistics.
• Displays labels with detected patterns.
• Displays slope information rate of price, time diferentials and angle(experimental)
Fixed a typo in the code where BB multiplier was stuck at 1.5. Thanks @ucsgears for bringing it to my notice.
Updated source: pastebin.com
Use the updated source instead of the what TV shows below.
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).
I wrote this script after having listened to Hyperwave with Sawcruhteez and Tyler Jenks of Lucid Investments Strategies LLC on July 3, 2019. They felt that the existing built-in Parabolic SAR indicator was not doing its calculations properly, and they hoped that someone might help them correct this. So I tried my hand at it, learning Pine Script as I went. I...
I have modified Waddah Attar Explosion indicator to work in low price markets like crypto as well as any other market. So now the DeadZone line is based on ATR instead of a fixed number. Nothing more changed and all credits goes to it's MT4 developer and LazyBear (Main Script Link).
Hope you enjoy!
Read the main description below...
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I didn't see this one already it isn't my original idea either. I pulled the formula's from an article on medium, I also added few bear market bottom fib indicators.
Credit to the article I pulled the formula from.
The Golden Ratio Multiplier
Unlocking the mathematically organic nature of Bitcoin adoption
Go to the profile of Philip Swift...
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below.
To reduce the number of...
Bitcoin Fat Volume Indicator
The script displays aggregate sums of Bitcoin dollar and Tether market volumes separately as follows:
USD markets (blue): gemini, coinbase, okcoin, kraken, bitfinex, bitstamp, btce, mtgox
Tether markets (orange): huobi, binance, bittrex, poloniex, hitbtc
The indicator should work on all time frames on any chart so long as volume...