This indicator is based on the "Vegas Tunnel" system from FTMO, please check out their site here for some good documentation: ftmo.com I give FTMO full credit for this indicator, all I did here was make it easy to throw it up on a chart. Personally, I've had some success trading with this method. I encourage doing some back and forward testing to see if it is...
Efficiency ratio was invented by Perry Kaufman as a measure of volatility and as a way of making some calculations adaptive. In his adaptive moving average he uses 3 periods for calculation which makes it a bit "cryptic" and, by all means, not so simple to use. This version is simplifying the whole thing without an intention to clone the KAMA indicator--but with...
this is a very useful indicator to understand resistance and support levels in the charts
The indicator was written based on several types of other indicators. I took ema, rsi ema and an augmented version of qqe rsi. The indicator checks for oversold or overbought on all of these indicators and, based on this, issues a buy or sell signal. In the indicator, you can adjust the length of each point for yourself, so you can set rsi to 10 or 100, as it...
Introducing the BBboss Stoch Trading Suite ***Note*** This indicator's parameters and settings are specifically used for bitcoin technical analysis. Best used on the lowest time frame chart. (15m - 1h) Definitions: Volatility is a statistical measure of the dispersion of returns for a given security or market index, measured by the standard deviation of...
Most traders have too much noise on their chart. Trend.Algo helps you identify price action trends with minimum hassle, allowing you to identify when to get into and out of a trade. Trend.Algo does this by highlighting the primary trend to help traders avoid noise and focus on the MAIN MOVE. This can be used on the intraday or higher timeframe charts. Long...
Smoothed Repulse w/ Floating Levels indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve. It is more relevant when compared to price and offers valuable additional information on the feeling and confidence that traders have about the markets. This version can use one of the 4 basic...
Adds centerline at "1.0" and reference lines at"1.1" and "0.9". These lines allow the trader to recognize strength, volatility, and momentum at a glance. VI+ or VI- lines above the "1.0" (centerline) may be considered a "Confirmed" trend.
This script displays a histogram from the mean and standard deviation of the visible price values on the chart. Bin counting is done relative to high/low prices instead of counting the price values within each bin, returning a smoother histogram as a result. Settings Bins Per Side: Number of bins computed above and below the price mean Deviation...
This is the coolest indicator you'll ever use. Do cool stuff with it.
This script is a variation from Auto Fibo retration. It makrs top and bottom prices. You can use to study the price action. The user can choose the line color, to show or not, the marks green and red The user can choose the minimal candles between top and bottom, by default is 17 The deep is the percentage of the diference about the last bottom/top from the previous one.
This script calculates the time series of 5 indicators (Stochastic-RSI, RSI, MACD, CVD, and OBV) searches for divergences, and plots all divergences on the main price chart. Regular divergences = D; Hidden divergences = H
this indicator founded from easy combined 1.EMA 2.ATR/Supertrend 3.ADX/DI+DI- 4.MACD 5.Dochian 6.OBV and show by line label and background
Heikin ashi chart so powerful that you can understand trend direction easily. But sometimes, this type of chart doesn't update properly and make no sense on real time. So I made this script. You can now change candle stick style default to heikin ashi (default / modified version) on the real time default chart without switching heikin ashi chart. Enjoy traders!!!...
Table of monthly % changes in Average Price over the last 10 years (or the 10 yrs prior to input year). Useful for gauging seasonal tendencies of an asset; backtesting monthly volatility and bullish/bearish tendency. ~~User Inputs~~ Choose measure of average: sma(close), sma(ohlc4), vwap(close), vwma(close). Show last 10yrs, with 10yr average % change, or to just...
Level 1 Background This indicator was originally formulated by Vitali Apirine for TASC - February 2016 Traders Tips. Function According to Vitali Apirine, his momentum indicator–based system HHLLS (higher high lower low stochastic) can help to spot emerging trends, define correction periods, and anticipate reversals. As with many indicators, HHLLS signals can...