This script builds levels based on the High and Low of the previous trading day; a middle line is also added, which is the average value of these data. The indicator generates a long signal when the High level of the previous day is broken, as well as a short signal when the low is broken. The idea of the indicator is to capture volatility in the crypto market....
This script calculates the pivot point, support, and resistance levels based on the previous day's high, low, and close. It then plots these levels on the chart and labels them accordingly. Remember to adjust the resolution parameter (bar_index % 240 == 0) to match your desired timeframe (e.g., 1440 for daily).
"Quadratic Weighted Bands" (QWB) is designed to identify and visualize market trends and volatility using quadratic weighted filtering techniques. It works by applying quadratic weighting to a selected data source over a specified length, enhancing the sensitivity and responsiveness of the indicator to recent market movements. A major advantage of this indicator...
"This strategy is a combination of MACD and Martingale. Please review it thoroughly before use. All investment responsibilities lie with the individual." 이 전략은 MACD 와 마틴게일의 합성전략입니다. 사용전에 충분히 검토하시기 바랍니다. 모든 투자의 책임은 본인에게 있습니다.
Bollinger Bands (BB) are a widely used technical analysis created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to instrument prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (The type of trend line and period can be changed by the trader;...
The indicator combines two components: Exponential Moving Averages (EMAs) and Bollinger Bands. Exponential Moving Averages (EMAs): The indicator calculates four EMAs with different periods: 9, 13, 18, and 25. An Exponential Moving Average is a type of moving average that places a greater weight and significance on the most recent data points. As the name...
Etinan Ultimate Trading Indicator is an indicator that combines multiple indicators to create alerts to buy and sell
This indicator contains a set of information that concerns traders, especially those who rely on their analysis of trends. Therefore, this indicator provides easy knowledge of rising and falling trends to help in choosing the appropriate decisions at the appropriate time.
Title: Customizable 52 Week High & Range Bands Indicator Description: The "Customizable 52 Week High & Range Bands" indicator is a novel tool designed for traders and investors who seek to gain insights into an asset's long-term performance while simultaneously identifying potential support and resistance levels through customizable percentage-based range...
Relative Strength Index (RSI) The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder, the RSI is calculated using the average gains and losses over a specified period, typically 14 days. Here's how it works: Description and...
This version update by @Nahlawi Combined Anchored VWAP and Standard Deviations Indicator: This indicator combines the Anchored Volume Weighted Average Price (AVWAP) with Standard Deviations (SD) to provide traders with insights into price trends and potential reversal points. Let's break down each component and its functionality: 1. Anchored VWAP (AVWAP): The...
Description: The "200 EMA Trend Strategy" is a versatile technical analysis tool designed for day trading and long-term investing. It aims to identify potential trend reversal points in the market based on the interaction between the price and the 200-period Exponential Moving Average (EMA). This strategy utilizes the 200 EMA, standard deviation bands, and basic...
This script is a custom implementation of grouped Simple Moving Averages (SMA) with added Bollinger Bands Key Features: Customizable Length (n): Allows users to set the length for the SMA calculation. The length is the number of bars used to calculate the average. This is input by the user and can be adjusted to analyze different time periods. Standard Deviation...
Custom RSI Indicator: The Custom RSI Indicator is a technical analysis tool designed to assess the momentum of a financial instrument's price movements within a specified range. Unlike the traditional RSI, which typically operates within a range of 0 to 100, this customized version focuses on a narrower spectrum between 40 and 60, providing clearer signals for...
// © GainzAlgo //@version=5 indicator('GainzAlgo Pro Enhanced', overlay=true, max_labels_count=500) candle_stability_index_param = input.float(0.5, 'Candle Stability Index', 0, 1, step=0.1, group='Technical', tooltip='Candle Stability Index measures the ratio between the body and the wicks of a candle. Higher - more stable.') rsi_index_param = input.int(50, 'RSI...
After a boom, the price drops to the green band (we buy the security), if the security falls below the green band, I buy more using the real volume or Golden Pocket with Fibo. If the yellow, red and green bands diverge (upwards - a strong upward trend), I buy the stock every time the price drops to the yellow band. If the second candle closes under the yellow...
The indicator consists of 7 clouds / ribbons. Each of them constitutes resistance / support depending on which side of the cloud the price is on. If they are stacked one below the other - red (12), orange (48), light blue (144), dark blue (288), green (720), light green (1440), purple (3456). This marks the beginning of a period of strong growth. More mature...
'NSE Option Straddle Candle Chart' plot a straddle chart of the mentioned strike. Straddle means combine price of a call price and a put price. User has 4 inputs : 1 : Spot Symbol 2 : Expiry date 3 : Straddle Strikes 4 : Ema Length 5 : Supertrend Inputs How to use : 1 : Trade need to know first what is a straddle. If ATM straddle price is 405, than it means...