This Pine Script code is a TradingView study script titled "SVMKR_UT_Bot_HMA_UCS_LRS". It combines two separate trading indicators: the UT Bot (Ultimate Trailing Stop Bot) and the UCS_LRS (Linear Regression Slope) indicator. UT Bot (Ultimate Trailing Stop Bot): The UT Bot is designed to provide buy and sell signals based on a trailing stop strategy. It...
draws a blue line representing the divergence between a 3-period moving average (3MA) close and the current candle high, and a red line representing the divergence between a 20-period moving average (20MA) close and the 3MA close This script calculates the moving averages for both 3-period and 20-period and then computes the divergences as described. It plots the...
First of all, a huge credit to Wade for all the help with this indicator. An absolute Legend! The idea behind this indicator is to identify a potential trend with simply the close of candles. If a candle closes above the previous candle High, the trend would be "bullish" and remain bullish until there is a candle that closes below the previous candle Low. The...
This script is a comprehensive trading indicator named "Hull AMA Signals", which combines AMA and HSO by LuxAlgo and ther video based strategy techniques to provide buy (long) and sell (short) signals. It overlays directly on the price chart, offering a dynamic and visually intuitive trading aid. The core components of this indicator are Adaptive Moving Averages...
Library "Log" - Log methods that return input value for code readbility and cleaness. method str(input) str Namespace types: series float, simple float, input float, const float Parameters: input (float) method str(input) str Namespace types: series int, simple int, input int, const int Parameters: input (int) method str(input)...
The "Trend Angle" indicator serves as a tool for traders to decipher market trends through a methodical lens. It quantifies the inclination of price movements within a specified timeframe, making it easy to understand current trend dynamics. Conceptual Foundation: Angle Measurement: The essence of the "Trend Angle" indicator is its ability to compute...
this indicator assigns a colour to each candle based on the relationship between the price and the EMAs, The indicator first checks whether the close price is above or below the first EMA, If the close price is above the first EMA the candle is coloured green. If the close price inbetween both EMAs the candle is colored gray. If the close price is below the second...
The "High Volume Price Bar Channel" indicator for TradingView is a tool designed to highlight price bars that experience unusually high trading volume compared to the average volume over a specified lookback period. When the volume of a price bar exceeds a certain multiple of the average volume, a channel is drawn extending from the high to the low of that bar,...
The Delta ZigZag indicator is focused on volume analysis during the development of ZigZag lines. Volume data can be retrieved from a Lower timeframe (LTF) or real-time Tick data. Our Delta ZigZag publication can be helpful in detecting indications of a trend reversal or potential weakening/strengthening of the trend. This indicator by its very nature...
Momentum Ghost Machine (ChartPrime) is designed to be the next generation in momentum/rate of change analysis. This indicator utilizes the properties of one of our favorite filters to create a more accurate and stable momentum oscillator by using a high quality filtered delayed signal to do the momentum comparison. Traditional momentum/roc uses the raw price...
This TradingView script implements a simple RSI (Relative Strength Index) strategy with manual take profit (TP) and stop-loss (SL) levels. Let's break down the script and analyze its components: RSI Calculation: The script calculates the RSI using the specified length parameter. RSI is a momentum oscillator that measures the speed and change of price movements....
🔮 Price Action Fractal Forecasts - Unleash the Power of Historical Patterns! 🌌✨ Dive into the future with AlgoAlpha's Price Action Fractal Forecasts ! This innovative indicator utilizes the mesmerizing complexity of fractals to predict future price movements, offering traders a unique edge in the market. By analyzing historical price action and identifying...
█ Overview The Dynamic Trailing (Zeiierman) indicator enhances the traditional SuperTrend approach by providing a more nuanced, adaptable tool for trend analysis and market volatility assessment. It combines techniques to identify dynamic support and resistance levels, trend directions, and market volatility. By integrating the Average True Range (ATR) with...
This unique indicator is a comprehensive tool designed for traders seeking to gain an edge in the market. It consists of three main components: a revised RSI, a dynamic heatmap, and an integrated alert system. 1.Modified RSI: Unlike the traditional RSI that calculates delta as the difference between the current price and the previous price (Δ = {price} -...
This indicator shows "SSR" on the chart when SSR "Short Sale Restriction" is activated on the ticker. SSR "Short Sale Restriction" or "alternative uptick rule" is a rule introduced by the SEC that prohibits shorting on the bid when a stock has dropped more than 10% from the prior days close in the regular trading hours. It will stay activated for the day it has...
NASDAQ 100 Peak Hours Trading Strategy Description Our NASDAQ 100 Peak Hours Trading Strategy leverages a carefully designed algorithm to trade within specific hours of high market activity, particularly focusing on the first two hours of the trading session from 09:30 AM to 11:30 AM GMT-5. This period is identified for its increased volatility and liquidity,...
In the vast realm of trading strategies, few terms evoke as much intrigue as the word "squeeze." It conjures images of pent-up energy, ready to burst forth in a sudden and decisive move. In this blog post, we'll delve into a new trading idea titled the "OBV 1-Minute Volume Squeeze" which aims to catch bigger market movements by fetching 1 minute OBV data on higher...
Meet VITAMIN, an indicator created mainly to function as a confirmation volume indicator to integrate into strategies as a signal filter, but it can also be used as a general-purpose indicator to enhance market analysis through volume trend insights. The name was choses to help with recall, with VITAMIN short for "Volume Insight Trend Analyzer - Multilayered...