The ADMA indicator is a technical analysis tool designed to identify trends and potential reversal points in a financial market. The indicator is based on the cumulative difference between the closing price and the high and low points of a candle. Two moving averages (MAs) are used to smooth the trend dynamics and generate clear signals. Calculation: The indicator...
A simple modification of the regular FXN day separator indicator. It starts the days at 12:00 of the time-zone you select as opposed to the regular 17:00 server time.
I'm excited to share with you a fascinating concept that can help you identify potential breakout points in the market. The Pine Script code provided below is designed to identify the midpoint of a long candle, which can be a crucial level for traders to watch. In this blog post, we'll dive deeper into the concept, explore its applications, and analyze a...
Worldwide net liquidity, with trend coloring. Global Net Liquidity attempts to represent worldwide net liquidity, and is defined as: Fed + Japan + China + UK + ECB - RRP - TGA , Where the first five components are central bank assets. On TradingView, the indicator can be reproduced with the following equations: Global Net Liquidity = FRED:WALCL + FRED:JPNASSETS *...
Here is my "Williams Percent Range with Trendlines and Breakouts" indicator, a simple yet powerful tool for traders. This indicator combines the classic Williams %R oscillator, which helps identify overbought and oversold levels, with added trendlines for easier trend analysis at a glance. It's designed to make spotting potential breakouts easier by drawing...
This indicator is intended to measure selling and buying pressure, calculates accumulation/distribution levels and suggests current trend intensity and direction. Core calculations are based on open source script by cI8DH which was not updated ever since 2018. Also, it implements the technique to avoid price gaps issues as described in Twiggs® Money Flow . The...
NormInvTargetSeeker The NormInvTargetSeeker is a trading tool designed to aid traders in identifying and capitalizing on Distribution and Accumulation zones, highlighting specific price levels that could serve as targets for future price movements. Although the indicator itself is not multi-timeframe, an effective trading strategy might involve signal validation...
MACDV = Moving Average Convergence Divergence Volume The MACDV indicator uses stochastic accumulation / distribution volume inflow and outflow formulas to visualize it in a standard MACD type of appearance. To be able to merge these formulas I had to normalize the math. Accumulation / distribution volume is a unique scale. Stochastic is a 0-100 scale. MACD is a...
The On-Balance Accumulation Distribution (OBAD) indicator is designed to analyze the accumulation and distribution of assets based on volume-weighted price movements. The indicator helps traders identify periods of buying and selling pressure and assess the strength of market trends. By incorporating volume and price data, the OBAD indicator provides valuable...
Accumulation/Distribution explains when the big players buy or sell, according to Wyckoff. I added some colors to make it more visibly, to get a hint when (not) to invest. A/D is a lagging indicator. When the MA is above A/D line, this should reflect distribution time, and big players are selling. The oppsite is when MA is below the A/D line, then this should be...
This oscillator has two different modes: The first one called RSIs is a comparison between the Relative strength index of the Accumulation/Distribution (and the On Balance Volume) and the normal price, to analyze the differences in momentum between the price with volume and without. The second one, called Dock, is similar except for the fact that the lines are...
Medic trades using "Smart Money Concepts", and Medic's system revolves around the one taught by MentFX (i.e. Structure, Supply/ Demand Zone , and Confirmation). While this system per se doesn't require the use of a volume indicator, Medic has come to respect the OBV and Accumulation / Distribution . The OBV Ribbon is available in many a shape and form, but Medic...
An accumulation/distribution indicator that works better against gaps and with trend coloring. Accumulation/Distribution was developed by Marc Chaikin to provide insight into strength of a trend by measuring flow of buy and sell volume . The fact that A/D only factors current period's range for calculating the volume multiplier causes problem with price gaps....
The Indicator is a combination of different types of measurements to the Price Action. 1. Spread: The Spread is set to measure your Symbol to another chosen Market like Dollar as Contra . But you can switch also between different markets. 2. Accumulation/Distribution with True Range of High or Low including OpenInterest. This only works with Futures...
Average Daily Range (ADR) (Multi Timeframe, Multi Period, Extended Levels) Tips • Narrow Zones are an indication of breakouts. It can be a very tight range as well. • Wider Zones can be Sideways or Volatile. What is this Indicator? • This is Average Daily Range (ADR) Zones or Pivots. • This have Multi Timeframe, Multi Period (Up to 3 Levels) and Extended...
Price Pattern Analysis is the core of trading. But price patterns often fails. VRAI (Volume Risk Avoidance Indicator) shows Volume Pressure, so that you can avoid volume-based risks. For example, never short when you see green (buying pressure). Never long when you see red (selling pressure). You still need to pick good price patterns, because the...
This indicator allows you to set a range of price which you want to get an alert about if price breaks that structure.
Basic modification of my SFP Momentum Indicator showing accumulation/distribution patterns based on breakouts above previous anchor points. Candles are colored based on whether accumulation or distribution was last. Best if used at HTF then confirmed at LTF.