The Periodic Activity Tracker tool periodically tracks the cumulative buy and sell volume in a user-defined period and draws the corresponding matching bars and volume delta for each period. Users can select a predefined aggregation period from the following options: Hourly, Daily, Weekly, and Monthly. 🔶 USAGE This tool provides a simple and clear way...
The "Trend Signals with TP & SL " indicator is a versatile tool designed to assist traders in identifying potential trend continuation opportunities within financial markets Utilizing a combination of technical indicators and user-defined parameters, this indicator aims to provide clear and actionable signals to aid traders in making informed trading...
Introduction: The Z Score & Trend Following indicator is a tool used in financial markets to assess the standard deviation of a data point from its mean value over a specified period. It calculates the Z score, which is a measure of how many standard deviations an element is from the mean. This indicator also incorporates trend-following characteristics, allowing...
Hello Fellas, Hereby, I come up with a popular strategy from YouTube called Octopus Nest Strategy. It is a no repaint, lower timeframe scalping strategy utilizing PSAR, EMA and TTM Squeeze. The strategy considers these market factors: PSAR -> Trend EMA -> Trend TTM Squeeze -> Momentum and Volatility by incorporating Bollinger Bands and Keltner Channels Note:...
🔵 Introduction The Price Action, styled as the "Smart Money Concept" or "SMC," was introduced by Mr. David J. Crouch in 2000 and is one of the most modern technical styles in the financial world. In financial markets, Smart Money refers to capital controlled by major market players (central banks, funds, etc.), and these traders can accurately predict market...
The use of the Double Exponential Moving Average (DEMA) within your Adjusted Average True Range (ATR) calculation serves as a cornerstone for enhancing the indicator's responsiveness to market changes. To delve deeper into why DEMA is employed specifically in the context of your ATR calculation, let's explore the inherent qualities of DEMA and its impact on the...
Here is another experience on working with 'time' variable :) This script generates potential support and resistance levels based on daily, weekly, and monthly open, high, and low prices. In such indicators, security calls produce effective results. However, similar tasks can also be performed by built-in variables. This script serves as an example of how...
The BTC Valuation indicator is a powerful tool designed to assist traders and analysts in evaluating the current state of Bitcoin's market valuation. By leveraging key moving averages and a logarithmic trendline, this indicator offers valuable insights into potential buying or selling opportunities based on historical price value. Key Features: 200MA/P...
The Divergence Toolkit is designed to automatically detect divergences between the price of an underlying asset and any other @TradingView built-in or community-built indicator or script. This algorithm provides a comprehensive solution for identifying both regular and hidden divergences, empowering traders with valuable insights into potential trend reversals. 🔲...
Cloud Trend Indicator ☁ The "Cloud Trend" indicator is a robust tool designed to identify and follow trends in financial markets. Leveraging Heikin Ashi principles, this indicator offers a clear visualization of trend strength and direction through the construction of a dual-line cloud. How it works: Principle of code is simple and efficient. Based on the...
This indicator is a suite of tools that aims to provide traders with efficient metrics to analyze the market in a different way, such as various types of Open Interest, Intraday Volume, and Liquidations. This indicator can both save time and also provide a different approach to the usual price action trading style. 🔶 FEATURES The indicator contains the...
The Open Interest Inflows & Outflows indicator focuses on highlighting alterations in the overall count of active contracts associated with a specific financial instrument. The indicator also includes an oscillator highlighting the price sentiment to use in conjunction with the open interest flow sentiment and also includes a rolling correlation of the open...
This indicator aims to identify price levels where institutional investors have positioned their buy or sell orders. These buy orders establish "demand zones," while sell orders create "supply zones." Identifying these zones enables us to anticipate potential reversals in price trends, allowing us to profitably engage in these significant market movements...
Play Chess Puzzles right on your Chart! Daily Chess Puzzles brings you a new 1-Move chess puzzle straight to your chart every day. 🔶 USAGE Submit your answer to see if your solution is correct! For quick access to the settings, Double-Click on the Chess board to open the settings interface. The current active color (Who's move it is) is represented by...
ORIGINS AND HISTORICAL BACKGROUND: Prior to the the advent of the Monte Carlo method, examining well-understood deterministic problems via simulation generally utilized statistical sampling to gauge uncertainty estimations. The Monte Carlo (MC) approach inverts this paradigm by modeling with probabilistic metaheuristics to address deterministic problems....
Multiple OTT (MOTT) is a development on the Optimized Trend Tracker (OTT) indicator of Anıl Özekşi that is shared in his algorithmic trading courses by himself. There are 5 lines in MOTT: -The top (cyan) line is originally an OTT line, which uses the Highest price values in a default length of 80 bars in its calculation. -The bottom line (purple) is also an OTT...
🔶Description: "Reversal Zones " aims to identify potential reversal zones in price movements. The indicator provides visual signals on the chart, indicating potential overbought and oversold conditions based on the calculated values. It offers traders insights into possible turning points in the market, aiding in decision-making processes regarding entry and...
Introducing the Relative Volume / Volume Breakout Multiplier (RVI) , RVI is specifically designed for traders who incorporate volume breakout analysis into their trading strategies, particularly breakout traders. This indicator provides a unique perspective on volume dynamics by quantifying the extent of volume breakouts in relation to the Simple Moving Average...