The Return to the Mean plots reference values that price action tends to revisit each cycle. In this first version, I'm including the All-Time Historical Mean, which is the evolution of the mean value of that asset since its inception. By using this indicator we are able to see if a particular market is trading above/below historical mean value. Moreover, we can...
Simple script which allows you: - to set left bars, right bars to determine high and low pivots (default is 10) - set the source, default is High for High Pivot and Low for Low Pivot, but it can be modified - see the last 5 high and low pivots organized and sorted by price - pivots are standard A few notes - TV is quirky on loop time outs, you may have to...
An improvement to the built-in security(heikinashi()...) method, this indicator plots Heikin Ashi (HA) candles for an input timeframe (TF) on an underlying regular candlestick chart of a shorter TF. The improvement is that it plots the value of each in-development HA bar as it would have appeared while still repainting, for each underlying chart bar. The last...
This Plots the Standard Deviation Price Band based on the Historical Volatility. SD 1, 2, 3. Version update: Fixed the Standard Deviation mistake on Version 1. Added Smoothing Options for those who prefer a less choppy version. Standard Deviation 3 plot is not set to Default
Strategy buy when HVol above BuyBand and close position when HVol below CloseBand. Markets oscillate from periods of low volatility to high volatility and back. The author`s research indicates that after periods of extremely low volatility, volatility tends to increase and price may move sharply. This increase in volatility tends to correlate with the...