Volume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels.
The histogram is used by traders to predict areas of support and...
Elliott Wave Principle , developed by Ralph Nelson Elliott, proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. These waves are a result of influence on investors from outside sources...
Oscillators are widely used in technical analysis and can return a large amount of information to the trader depending on their design. It is common to use oscillators to detect divergences with the price, divergences occur when the tops/bottoms made by the oscillator and price are negatively correlated.
The following oscillator is based on the momentum of a...
The Peak Activity Levels indicator displays support and resistance levels from prices accompanied by significant volume. The indicator includes a histogram returning the frequency of closing prices falling between two parallel levels, each bin shows the number of bullish candles within the levels.
Length: Lookback for the detection of volume...
Some instruments does not provide any volume information, therefore, as a fixed volume profile user, I needed a fixed market profile indicator to use the same principles, regardless of whether the volumes are available or not.
This script draws a market profile histogram corresponding to price variations within a specific duration, you only need to specify Start...
The Relative Strength Index (RSI) , developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements.
• Traditionally the RSI is considered overbought when above 70 and may be primed for a trend reversal or corrective pullback in price, and oversold or undervalued condition when below 30. During strong trends, the RSI...
This indicator is inspired by traditional statistical histograms. It will return the number of occurrences of price falling within each interval (bins) of the linear regression channel. This can be useful to highlight zones of interest within a trend.
Length: Number of recent closing prices used for the computation of the linear regression.
An interesting implementation of mine to measure an asset changes based on asset price velocity and volume velocity. The indicator acts as asset value calculator. Long and Short.
==Points System Rules==
If Current Close is higher than previous Close and Current Volume is bigger than previous Volume: Adds Close Points and Volume Points
This creates a replica of relative distance from the moving averages, a good way to measure the strength, divergences etc.... short, mid and long term waves.
List of All my Indicators - www.tradingview.com
Compares price change between current symbol and other one (eg. BTC vs S&P500). It calculates price change on each bar (from high to low or from open to close) and compares with price change of equivalent bar from the other source.
open = 10 USD
close = 7 USD
change = -3 USD
% change = -30%
open = 3 USD
My own interpretation indicator which i call multi time frame moving averages momentum with NO LAG EMA support (Optional).
The indicator is calculated by subtracting the long-term EMA from the short-term EMA .
This pretty much resembles the MACD moving averages calculation but without the smoothing of the histogram.
Can also be used to find divergences.
Moving Average Convergence Divergence – MACD
The most popular indicator used in technical analysis, the moving average convergence divergence (MACD), created by Gerald Appel. MACD is a trend-following momentum indicator, designed to reveal changes in the strength, direction, momentum, and duration of a trend in a financial instrument’s price
Relative Strength Index with Moving Average, Linear Regression, Zig Zag (Highs and Lows), Divergence, Ichimoku Cloud, Moving Average Convergence Divergence and True Strength Index Histogram
This script is based on zdmre's RSI script, I revamped a lot of things and added a few indicators from ParkF's RSI script.
Disable Labels in the Style tab and the histogram if...
This strategy is inspired by a youtuber called Joel on Crypto. He trades this using Ema, MACD indicators and his own experience. For more information, check out his Best Crypto Scalping Strategy for the 5 Min Time Frame video. I have tried to automate this a little.
Long or Short trades are determined with a crossing of the fast Ema over the slow Ema for Long and...
Created by request.
This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to...
Probability Distribution Histogram
During data exploration it is often useful to plot the distribution of the data one is exploring. This indicator plots the distribution of data between different bins.
Essentially, what we do is we look at the min and max of the entire data set to determine its range. When we have the range of the data, we decide how many...
Super 6x: RSI, MACD, Stoch, DeMarker, CCI, & Velocity is a combination of 6 indicators into one histogram.
What is MACD?
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving...