The "Range H/L Buy and Sell Signal" indicator is designed to identify potential buy and sell signals based on a specified price range and market volatility. This indicator can be used in the TradingView platform to assist traders in making informed decisions. The indicator allows customization of several parameters to adapt to different trading strategies. These...
█ Overview The Relative Trend Index (RTI) developed by Zeiierman is an innovative technical analysis tool designed to measure the strength and direction of the market trend. Unlike some traditional indicators, the RTI boasts a distinctive ability to adapt and respond to market volatility, while still minimizing the effects of minor, short-term market...
META currently has a strong bullish trend and is the distance from its yearly average too. But, how much META is distant from the mean? With this indicator, you can see an absolute value useful to determine support and resistance when the price is so far. In this example, applied to the daily chart, currently, META is distant 3 standard deviations that could be...
This script uses higher timeframe candle's High, Low & Close as a source for drawing a line representing potential Supports and Resistances. The more lines you see on a level, probably the more important that level is. The script has a single input for setting the source candle's timeframe, so it can be used on any timeframe with the proper settings. For example,...
If you like Ichimoku cloud and use it in your analysis, or you are new to it and sometimes gets tricky to figure out all the details, this indicator tries to simplify that and visualize the change of trend and momentum relative to the past based on ichimoku. The RED/GREEN columns are showing momentum strength while the black diamond line suggests the trend...
The "Trendilo LSMA Example" indicator is a technical analysis tool that combines two moving averages, the Linear Regression Moving Average (LSMA) and the Hull Moving Average (HMA), to provide insights into market trends. The indicator plots a line on the price chart, which represents the combined values of the LSMA and HMA. This line changes color based on the...
Trend Channels This simple trading indicator is designed to quickly identify and visualize support and resistance channels in any market. The primary purpose of the Trend Channels with Liquidity Breaks indicator is to recognize and visualize the dominant trend in a more intuitive and user-friendly manner. Main Features Automatically identifies and plots...
The Market Structure CHoCH/BOS (Fractal) indicator is an experimental take on classical market structure, whereas fractal patterns are used for their construction instead of swing points. Compared to utilizing swing points for highlighting market structure like our Smart Money Concepts indicator , fractal-based market structure can appear as more adaptive,...
The "Smart Trend Envelope" indicator is a powerful tool that combines the "Nadaraya-Watson Envelope " indicator by LuxAlgo and the "Strongest Trendline" indicator by Julien_Eche. This indicator provides valuable insights into price trends and projection confidence levels in financial markets. However, it's important to note that the indicator may repaint,...
The provided code is a custom indicator called "Trendilo" in TradingView. It helps traders identify trends in price data. The indicator calculates the percentage change of the chosen price source and applies smoothing to it. Then, it calculates the Arnaud Legoux Moving Average (ALMA) of the smoothed percentage change. The ALMA is compared to a root mean square...
This indicator focuses on detecting RBR and DBD patterns, which signify periods of increased momentum and potential continuation or reversal of the prevailing trend. The RBR pattern consists of a rally (upward movement), followed by a base (consolidation or retracement), and then another rally. It suggests that the upward momentum may persist and provide trading...
The Range Weighted Moving Average (RWMA) : The Range Weighted Moving Average (RWMA) is a variation of the traditional moving average that incorporates the price range within each period as a weighting factor. It assigns higher weights to periods with larger price ranges, aiming to provide a moving average that responds more dynamically to changes in price...
Title: Identifying Volume Spikes, Price Movements and Gap Ups: A TradingView Script Introduction: In the world of trading, identifying volume spikes and price movements can provide valuable insights into market trends and potential trading opportunities. In this article, we'll explore a TradingView script that helps traders visualize volume spikes, price up...
This is an MACD inspired indicator and it analyzes the difference between the SMA and EMA using the same time period. Unlike the MACD, it can give you a better understanding of the overall trend. Values above 0 is bullish and below 0 bearish. It consists of two cycles: Black histogram - the long-term cycle and orange histogram - the short-term cycle, as well as...
The Multi-Time Frame RSI with Money Flow Index and Average is a powerful trading indicator designed to help traders identify overbought and oversold conditions across multiple time frames. It combines the Relative Strength Index (RSI) with the Money Flow Index (MFI) and provides an average value for better accuracy. The Relative Strength Index (RSI) is a popular...
A simple indicator that attempts to identify displacement in price by alerting you when two simultaneous Fair Value Gaps (FVGs) occur. When two fair value gaps occur, the indicator will print a green bar (if bullish) or a red bar (if bearish). If you right click on the indicator you can turn on alerts that will pop up every time a dual FVG occurs. Fair Value...
This Linear CC takes into account the log-normal distribution of stock prices and performs Pearson correlation on that data set. It also smoothens the results into an easy to read oscillator, and performs a two-tail t-test on the correlation coefficient data (with a = 0.05) to determine the significance of the coefficients. Significant results are shown in a solid...
This indicator can be useful for traders who are interested in analyzing price movements over different time periods. By displaying the daily, Monday, weekly, monthly, quarterly, and yearly high and low values along with their mid values on a chart, traders can get a better understanding of how prices have behaved over longer periods of time. For example, a...