Description: The "Zaree - RSI Gradient Fill" (RGF) indicator is a technical analysis tool designed to enhance the interpretation of the Relative Strength Index (RSI) by incorporating visual cues through gradient fill. This indicator aids traders in identifying potential overbought and oversold conditions in the market using the RSI as a key reference. Details of...
Hello everyone, This is the Z-Score Support and Resistance (S/R) indicator. How it works: The trouble with most indicators and strategies that rely on distributions is that they are constantly moving targets. To combat this, what I have done is anchored the assessment of the normal distribution to the period open price and dropped the data from the current...
The Price Strength Index + RSI Buy/Sell Zones indicator is a technical analysis tool designed to evaluate the strength of a financial asset's price movement by comparing it with a series of Volume Weighted Moving Averages (VWMAs) of different lengths calculated from historical data. Hypothesis : The core hypothesis behind this indicator is that assessing the...
This indicator plots candlesticks or line charts based on user-specified symbol and price data in the time frame. The user can also choose whether this indicator works in normal mode or Heikin-Ashi mode. Here are the features of this indicator: 1. **Trend and Normal Modes:** User can choose to operate the indicator in two different modes. In "Trend Mode" the...
This indicator tracks and displays the number of days since the asset reached its last all-time high. It's a useful tool for gauging the duration of corrections or consolidation phases after peak price points.
The "VWMA/SMA Delta Volatility (Statistical Anomaly Detector)" indicator is a tool designed to detect and visualize volatility in a financial market's price data. The indicator calculates the difference (delta) between two moving averages (VWMA/SMA) and uses statistical analysis to identify anomalies or extreme price movements. Here's a breakdown of its...
Composite Momentum Indicator" combines the signals from several oscillators, including Stochastic, RSI, Ultimate Oscillator, and Commodity Channel Index (CCI) by averaging the standardized values (Z-Scores). Since it is a Z-Score based indicators the values will be typically be bound between +3 and -3 oscillating around 0. Here's a summary of the code: Input...
Plots a crypto's open interest on Binance. You can choose to see OI as asset-denominated (e.g. 1000 BTC), USD-denominated, or both. How I usually interpret OI: Price up, OI up = longs opened = bullish Price up, OI down = shorts closed = bullish on HTF, or counter-trade on LTF Price down, OI up = shorted opened = bearish Price down, OI down = longs closed =...
Dynamic GANN Square Of 9 Bands Created on 3 Sept 2023 Adjust Increment Value: Customize increment to match symbol and price characteristics for accuracy. Green Line: 200 EMA. Identifies trend direction; moves with the prevailing trend. Red Lines: Mark prominent reversal levels closer to the red range; ideal for mean reversion strategies. ...
Overview This indicator plots horizontal lines at the daily high and low levels of the On Balance Volume (OBV). The numerical lines for each day are updated in real-time as the OBV high and low values change. Please note that there are limitations on how far back in history the indicator can go due to Pine Script's object drawing limitations.
Level : L1 Larry Williams, had this idea to create a synthetic VIX for more than just the main stock indices. Check out the formula for Williams VixFix: ``` VIX Fix Formula = (Highest(Close, 22) – Low) / (Highest(Close, 22)) * 100 ``` What does this even mean? In normal person terms, here's what it's all about: 1. Find the highest close over the last 22 days...
WHAT IS IT The Apeiron Fair Value Bands Pro is an indicator that estimates the fair value area of an asset and provides levels of interest and likely reaction. It was created to determine fair value. Knowing fair value allows traders and investors to determine when an asset is at a premium or at a discount, which allows them to make more informed decisions...
Level: L4 Function Description: The L4 Adaptive Hull Suite 4H aims to help traders identify trend reversals and trade signals using various moving averages and indicators. The script is designed to be adaptable and customizable, allowing traders to tweak the settings to suit their individual preferences and trading styles. At its core, the script uses the...
Fib TSI = Fibonacci True Strength Index The Fib TSI indicator uses Fibonacci numbers input for the True Strength Index moving averages. Then it is converted into a stochastic 0-100 scale. The Fibonacci sequence is the series of numbers where each number is the sum of the two preceding numbers. 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610... TSI uses...
The "Smoothed Accumulation/Distribution Rate of Change" (SADROC) indicator draws inspiration from the Chaikin Oscillator's use of accumulation and distribution, formatted in a manner just like the MACD (Moving Average Convergence Divergence) indicator. My goal was to create something with greater speed and accuracy than the classic MACD Here's a breakdown of its...
Hello there! Let's imagine You are trading SPOT, buy more and more every new dump, but bear market is not going to stop... and your first trade was 3 YEARS AGO!!! Can't believe it is true. The problem is - exchanges allow You to see only new trades last 6 months(Binance). But I want to see all of them! How do I know AVG Price? This script is my solution. Just...
Description: The "Zaree - FX Index RSI Indicator" (FIRI) is a technical analysis tool designed to provide insights into the relative strength of two selected currency indices using the Relative Strength Index (RSI). It allows traders to compare the RSI values of a primary currency index and a secondary currency index, helping them identify potential overbought...
Description: The "Zaree - FX Index Spread Indicator" (FISI) is a powerful technical analysis tool designed to provide insights into the spread between two selected currency indices. By calculating and visualizing the percentage difference between the values of a primary and a secondary currency index, traders can gain valuable information about potential market...