The Percentile is a mathematical tool developed in the field of statistics. It determines how a value compares to a set of values. There are many applications for this like ... ... determining your rank in your college math class ... your rank in terms of height, weight, economic status, etc. ... determining the 3-month percentile of the current stock price...
Easy visuals on, if volume is way over average. Good for Mean Reverting. Higher Volume tends to higher breakout chances. Please whisper me for for ideas how to make this better. Its a very simple script, but got some alpha. If you know how to improve, let me know and i will code it into.
This indicator displays the weekly Friday closing price according to the CME trading hours (Friday 4pm CT). A horizontal line is displayed until the CME opens again on Sunday 5pm CT. This indicator is based on the thesis, that during the weekend the Bitcoin price tends to mean reverse to the CME closing price of the prior Friday. The level can also act as...
This strategy will enter into a position when price volatility is relative high, betting that price will subsequently trend in a favourable direction. Hypothesis : During periods of high price volatility, ATR will divert from its moving average by at least +/- one standard deviation. Eventually, ATR will revert back to the mean. However, just knowing the...
This Indicator shows the Absolute Rate of Change in correlation to its Moving Average. Values over 3 (gray dotted line) can savely be considered as a breakout; values over 4.5 got a high mean-reverting chance (red dotted line). This Indicator can be used in all timeframes, however, i recommend to use it <30m, when you want search for meaningful Mean-Reverting...
This is done in the same lines of below scripts Drawdown-Price-vs-Fundamentals Drawdown-Range Instead of using drawdown, here we are only plotting percentile of drawdown. Also added few more fundamental stats to the indicator. Also using part of the code from Random-Color-Generator/ to automatically generate colors. This in turn uses code from...
™TradeChartist MA Visualizer is a Moving Average based indicator aimed to visualize price action in relation to the Moving Average in a visually engaging way. =================================================================================================================== █ MA Visualizer Features 11 different Moving Averages to choose from the settings...
™TradeChartist Vitality is a visual indicator that uses both Mean Reversion and Trend Following models to visually show the vitality of Bulls and Bears on chart based on only one factor - Sensitivity in relation to the Vital Support/Resistance derived from the Vitality Bands, Price Momentum and...
™TradeChartist Volatizer (Volatility Visualizer) is an exceptionally well designed script that helps visualize Price Volatility and Momentum with the help of various Visual components including Volatizer Bands and Mean line, Support/Resistance levels, Trade Signals and much more. Volatizer's ability to filter trades based on Volatizer Bands, initial...
Indicator version of the strategy: * Alerts added. TIPS AND WARNINGS 1-) The standard settings of this combo script is designed and tested with daily timeframe. For lower timeframes, you should change the indicator settings and find the best value for yourself. 2-) Only the mean vwap line is displayed on the graph. For a detailed view, you can delete the...
In this strategy, I used a combination of trend hunter and vwap mean reversion strategies that I published before. Trend Hunter Strategy: Mean Reversion Vwap Strategy: The results are quite impressive, especially for bitcoin. While the hodl return for bitcoin was 13419%, the strategy's return in the same period was about 5 times (65000%) of this. ...
™TradeChartist Catalyst is an elegant script that combines Catalyst Trade Bands and automatic ZigZag/Fibonacci plots using an original logic to help users interact in a visually engaging and meaningful way with the charts. =================================================================================================================== ™TradeChartist Catalyst...
™TradeChartist Trend Splitter is a visual Trend spotting script based on two simple models fused together - Dynamic Volatility Bands and Dynamic Mean Bands. The fusion of these two models based on user defined parameters of length, Volatility Risk and Mean Bands type, along with optional Trend Splitter color bars and Trend background split will make it...
3x Linear Regression indicator. Using the inputs you can define your deviation levels. You can turn on labels to show the sigma next to each line You should be familiar with the concept of Standard Deviation to properly interpreter this indicator. The main concept is that price likes to stay at the mean and returns to the mean when it has deviated. I...
Indicator version of the strategy "HYE Mean Reversion SMA " "Long", "Short", "Exit Long" and "Exit Short" alarms added. Use with "Once Per Bar Close".
Alright, as per usual with these, I end up adapting an existing indicator to what I want to accomplish. So this is based off the built in VWAP indicator. I added in the gummy worm to easily identify the trend, as well as the related bands to identify potential areas to either reverse position or to trim an existing one. The middle part of the bands are the gummy...
Market Flow COG (Oscillator) Market Flow COG in the "Oscillator" version gives you an aggregated score (bullishness vs. bearishness) based on market flow analysis. I'm using my own definition of market flow since I'm actively doing scientific research on that topic and developing concepts and tools around it. This indicator is best used together with ...
The "Adaptive Range" tool consists of 3 modules that allow simple and advanced range S&R, trend and volatility analysis. S&R Bands Are similar to Bollinger Bands but calculated differently. They are more adaptive than traditional Bollinger Bands and take in more data to calculate more reliable S&R. Center of Gravity The COG is a 3-dimensional entity and a...