The Consecutive Higher/Lower Closings indicator is a powerful tool designed to assist traders in identifying potential buy and sell signals based on consecutive higher or lower closing prices. This indicator provides users with the flexibility to specify the number of consecutive higher or lower closings required to trigger a signal, allowing for a customizable...
OVERVIEW The Channel Corridor indicator is designed to operate on a log chart of asset prices (e.g., BTCUSD), specifically on a weekly timeframe. The intent of the indicator is to provide a visual representation of market dynamics, focusing on a dynamically adjusted corridor around a Simple Moving Average (SMA) of an asset's price. The corridor adapts to...
█ Overview The Predictive Trend and Structure indicator is designed for traders seeking to identify future trend directions and interruptions in trend continuation. This indicator is unique because it employs standard deviation to predict upcoming trend directions and potential trend continuation levels. This enables traders to stay ahead of the market. ...
The Resistance Support Relative Strength (RSRS) indicator, published by Everbright Securities, is a technical analysis tool that enjoys immense popularity among Chinese quantitative traders, owing to its stellar performance in China's stock markets. 🟠 Principle The indicator treats daily highs and lows as resistance and support levels respectively. It measures...
Bitcoin wave model is based on the logarithmic regression model and the sinusoidal waves, induced by the halving events. This chart presents the outcome of an in-depth analysis of the complete set of Bitcoin price data available from October 2009 to August 2023. The central concept is that the logarithm of the Bitcoin price closely adheres to the logarithmic...
The Traders Trend Dashboard (TTD) is a comprehensive trend analysis tool designed to assist traders in making informed trading decisions across various markets and timeframes. Unlike conventional trend-following scripts, TTD goes beyond simple trend detection by incorporating a unique combination of moving averages and a visual dashboard, providing traders with a...
The "Swing Point Oscillator with Trend Filter" is a sophisticated trading oscillator designed to enhance trading decisions by adapting to market conditions. Oscillators typically signal overbought/oversold market states, often yielding false signals in strong trends. This trend indicator addresses this by implementing a 'Trend Filter' which changes color in strong...
Quantigenics MACD 3D with Buy Sell Signals is a MACD-based trading indicator that aims to identify market trends and potential turning points, for Buy/Sell opportunities, by leveraging price data and volatility. Unlike the traditional MACD indicator, the average price is calculated from the high, low, and close prices, from which a specialized MACD value is...
Our Adaptive Trend Indicator is an advanced trading indicator using price and time series analysis to adapt to market trends. It calculates a weighted average of the median price and twice-smoothed average price, then applies a linear regression over twice the user-defined period, generating a trend line. This trend line represents the prevailing market direction...
The Pro Momentum Calculator Indicator is a tool for traders seeking to gauge market momentum and predict future price movements. It achieves this by counting consecutive candle periods above or below a chosen Simple Moving Average (SMA) and then providing a percentage-based probability for the direction of the next candle. Here's how this principle works: 1....
Title: Major and Minor Trend Indicator by Nikhil34a V 2.2 Description: The Major and Minor Trend Indicator v2.2 is a comprehensive technical analysis script designed for use with the TradingView platform. This powerful tool is developed in Pine Script version 5 and helps traders identify potential buying and selling opportunities in the stock...
-INTRODUCTION: This is the first of three scripts I intend to publish using rainbow indicators. This script serves as a groundwork for the other two. It is a RAINBOW MOVING AVERAGES indicator primarily designed for trend detection. The upcoming script will also be an indicator but with overlay=false (below the chart, not on it) and will utilize RAINBOW BANDS and...
Overall image: If the closing price is higher than the three Fibonacci EMAs (uptrend): Thanks to @ZenAndTheArtOfTrading and his indicator "Higher Timeframe EMA", URL = This is a trend-discriminating indicator that uses 3 EMAs. The Williams Alligator is the underlying philosophy, and we have applied it to capture the larger trend. It is set up for the...
HELLO: -This indicator is a waaaay simpler version of my other script - Moving Average-TREND POWER v1.1-(AS). HOW DOES IT WORK: -Script counts number of bars below or above selected Moving Average (u can se them by turning PLOT BARS on). Then multiplies number of bars by 0.01 and adds previous value. So in the uptrend indicator will be growing faster with every...
0)NOTE: This is first version of this indicator. It's way more complicated than it should be. Check out Moving Average-TREND POWER v2.1-(AS), its waaaaay less complicated and might be better.Enjoy... 1)INTRODUCTION/MAIN IDEA: In simpliest form this script is a trend indicator that rises if Moving average if below price or falling if above and going back to zero if...
Description: The Divergence Indicator (DI) is a powerful technical analysis tool designed to identify potential bullish and bearish signals based on multiple indicators, including RSI, Stochastic Oscillator, MACD, and EMA. It helps traders spot divergences between price and these indicators, indicating potential trend reversals or continuations. How it Works: The...
This indicator simply changes the background and color of candle based on the previous candle's close. If a candle closes high than the previous candle's high it will be indicated via green coloring. If a candle closes lower than the previous candle's low it will be indicated in red coloring. Additionally, grey colored candles appear when neither occur - often...
This script allows to change the background color of the main chart to green or red depending on the following factors: Based on the QQQ graph whatever ticker you are watching - Price > EMA20 Da - Net New Highs > 0 - 10EMA Da > 20 EMA Da When you are trading Break-Out, EP or other similar trades you will need the market at your back to improve both the winrate...