Library "MovingAverages" vawma(len, src, volumeDefault) VAWMA = VWMA and WMA combined. Simply put, this attempts to determine the average price per share over time weighted heavier for recent values. Uses a triangular algorithm to taper off values in the past (same as WMA does). Parameters: len : The number of bars to measure with. src : The...
Library "DataCleaner" outlierLevel(src, len, level) Gets the (standard deviation) outlier level for a given series. Parameters: src : The series to average and add a multiple of the standard deviation to. len : The The number of bars to measure. level : The positive or negative multiple of the standard deviation to apply to the average. A...
Supply & demand zone, day, monthly, weekly, channels with break out
This script is an alternative to It was developed to address user feedback / enhancement requests. The difference is that the 12 color settings are separate input variables, and therefore will retain their values across level input value changes, and support 'default' template saving.
Cutlers' RSI is a variation of the original RSI Developed by Welles Wilder. This variation uses a simple moving average instead of an exponetial. Since a simple moving average is used by this variation, a longer length tends to give better results compared to a shorter length. CALCULATION Step1: Calculating the Gains and Losses within the chosen period. ...
For use with BTCUSD at 1 min. When the indicator is at a high of .30 it is overbought. When the indicator is at a low of -.30 it is oversold.
This is a variation of Wilder's RSI that was altered by Michael Harris. CALCULATION The average change of each of the length's source value is compared to the more recent source value. The average difference of both positive or negative changes is found. The range of 100 is divided by the divided result of the average incremented and decremented ratio...
🌊 Donchian Channels with Middle Line, Limits and Shadows | by Octopu$ Donchian Channels are three lines generated by Moving Average calculations. These lines formed by upper and lower bands around a midrange or median band. The Upper Band marks the Highest price of a security over X periods of time. While the Lower Band marks the Lowest price over the same...
Library "FrostyBot" JSON Alert Builder for FrostyBot.js Binance Futures and FTX orders github.com More Complete Version Soon. TODO: Comment Functions and annotations from command reference ^^ TODO: Add additional whitelist and symbol mappings. leverage() buy() sell() cancelall() closelong() closeshort() traillong() trailshort() ...
Buying and selling pressure is a volatility indicator which denotes the balance between buyers and sellers inside candlestick. You set the length to average it just like ATR. But This offers further break down of participants of the market. Pretty much at any condition of the market the indicator can filter out interesting details to make trading decisions...
A simple and classic strategy on market, created by LarryWillians using a EMA9. The brute model use a Cross from closing price on EMA9. But occurs many false entries. In other to correct this kind of thing, I add a SMA21 to confirm the trend and decrease numbers of false trades. The strategy waits to break the last High (for buy) a position. As a strategy...
This is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels. Here is the calculation used for the main line. (VWMA100 + VWMA500...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 8th one is an automated version of the " 653% Gain Magical 1 Minute Scalping...
hi this is my script. Bank Nifty Live OI Change Chart can give very useful clues for intraday support and resistance levels for Bank Nifty. If there is more addition in Open Interest at 12200 Calls, that would mean most market players are comfortable writing call options at this level because they believe it to be a strong resistance. That would be bearish...
This indicator is similar in its operation to the ATR indicator. The change is that it is displayed on the chart and shows the value for the current candle, instead of being displayed as a chart under the price chart.
Boyle Trinomial Options Pricing Model is an options pricing indicator that builds an N-order trinomial tree to price American and European options. This is different form the Binomial model in that the Binomial assumes prices can only go up and down wheres the Trinomial model assumes prices can go up, down, or sideways (shoutout to the "crab" market enjoyers)....