What is this indicator? This indicator shows RSI but visualize as bands with custom timeframe settings. Normal RSI doesn't really visualse well when the price gets overbought/oversold and generally because of candle closes it can be hard to determine if the price has already touched the prefered RSI level. The custom timeframe allows you to go to shorter or...
An equity curve is a graphical representation of the change in the value of a trading account over a time period. The equity curve is a direct reflection of a trading strategy's effectiveness. A consistently upward-trending equity curve indicates a successful strategy, while a flat or declining curve may signal the need for adjustment. This indicator takes...
1000X Dual T3 Set to Any Time Frame The "1000X Dual T3 Set to Any Time Frame" is an enhancement of the well-known T3 indicator, building upon the T3 Average script by HPotter , which was itself based on Tim Wilson's work on smoothing techniques. This version provides two T3 lines, which is useful when adapting one each to the long and short trends on the same...
💎 GENERAL OVERVIEW Introducing our new Exponential Moving Average (EMA) Cross Dashboard! This dashboard let's you select a source for the calculation of the EMA of it, then let's you enter 2 lengths for up to 5 timeframes, plotting their crosses in the chart. Features of the new EMA Cross Dashboard : Shows EMA Crosses Across Up To 5 Different Timeframes. ...
# Binance Open Interest + SMA An indicator showing open interest (OI) in US dollars ($) for Binance USD-margined perpetual contracts. This means the indicator shows the total value of all open perpetual contracts on the Binance platform for the ticker being charted. As such, it can provide insights into market activity for an asset and trading interest, as rising...
This a trend following indicator using simple moving averages and price close,high and low of recent candles to plot a buy or sell signal. IMPORTANT - this indicator does not repaint.Traders need to wait untill the the closing of the candle though as the signal is dependant of the close of the period. Buy Signal: Price closes above the 20, 50, and 200 simple...
The Money Flow Profile is a charting tool that measures the traded volume or the money flow at all price levels on the market over a specified time period and highlights the relationship between the price of a given asset and the willingness of traders to either buy or sell it, allowing traders to reveal dominant and/or significant price levels and to analyze...
🔵 Introduction The "Three Drive" pattern is a well-known formation in technical analysis, recognized for its ability to signal potential trend reversals in price action. Within the realm of trading, particularly in the context of "Reversal Patterns," the Three Drive pattern holds significance as a reliable indicator of shifts in market sentiment. 🟣 Bullish 3...
The "Evolving R" script is a script that allows to calculate a dynamic reward-to-risk ratio at any given point of time during the trade. Its fundamentals are based on Tom Dante's concept of an evolving reward-to-risk. The script requires a user to input their preferred stop loss price and the target price for a specific asset, and calculates the ratio between two...
"NCI Trading Plan Direction" is a trading plan for traders who wants to keep track their overview of market direction across multiple timeframes and assets. REMINDER: THIS IS NOT AN AUTOMATION. You need to analyse yourself and then change the buy or sell on the table for your own monitor. Features: 1. Multi-Timeframe Monitor: Easily monitor the directional...
Kalman Hull Supertrend At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the supertrend instead of the normal hl2 (high+low/2). Therefore, making it more adaptive to price and also sensitive to recent price action. PLEASE...
"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...
Key Levels Set allows to set key levels as comma separated values, and to detect breaks to the downside and/or upside, taking into account potential gaps between bars. This indicator can be very handy if you, like me, rely on some key levels that you identified as potential support/resistance from some technical analysis. Features + It allows for key levels...
💎 GENERAL OVERVIEW Introducing our new Simple Moving Average (SMA) Cross Dashboard! This dashboard let's you select a source for the calculation of the SMA of it, then let's you enter 2 lengths for up to 5 timeframes, plotting their crosses in the chart. Features of the new SMA Cross Dashboard : Shows SMA Crosses Across Up To 5 Different Timeframes. ...
🔶 Description: The "Range Finder " indicator aims at identifying and visualizing price ranges within a specified number of candles. By utilizing the Average True Range (ATR) indicator and Simple Moving Average (SMA), it detects potential breakout conditions and tracks consecutive candles that remain within the breakout range. This indicator offers flexibility...
DEMA RSI Overlay PLEASE Read the following, knowing what an indicator does at its core before adding it into a system is pivotal. The core concepts can allow you to include it in a logical and sound manner. Anyways, BackQuant's new trading indicator that blends the Double Exponential Moving Average (DEMA) with the Relative Strength Index (RSI) to create a...
The goal of this indicator is to calculate and visualize the optimal leverage and average leverage for a given security based on its historical price data. The optimal leverage is determined by analyzing the relationship between the annualized return and annualized volatility of the security over a specified lookback period. The methodology can be broken down...
The " Danger Signals " indicator, a collaborative creation from the minds at Amphibian Trading and MARA Wealth, serves as your vigilant lookout in the volatile world of stock trading. Drawing from the wisdom encapsulated in "The Trading Mindwheel" and the successful methodologies of legends like William O'Neil and Mark Minervini, this tool is engineered to...