Level: 2 Background John F. Ehlers introuced MESA Stochastic Indicator in Jan, 2014. Function The MESA Stochastic oscillator, a stochastic successor that removes the effect of spectral dilation through the use of a roofing filter. Key Signal MESAStochastic --> Ehlers MESA Stochastic Indicator fast line Trigger --> Ehlers MESA Stochastic Indicator slow...
This code is modified to draw the first 15 minutes(variable in setting by default 15m is set) of the high and lows through out the day. It will work on time frames less than than or equal to 1st input. Hope this code helps you all. IMPORTANT SETTING DETAILS: 1.Res = input(title="Starting X minutes lines to be Displayed",defval="15",...
This is a modified version of the standard DMI/ADX indicator by Welles Wilder. It makes the most important parts of the standard version more prominent to help traders better identify emerging trends, and judge markets. First of all the dominant Direction Index, +DI or -DI (green and red), is emphasized with a different color, but only if they break the ...
We often want to use a stop loss at a certain low - N*ATR, But it is too troublesome to manually calculate a certain day low - ATR. This indicator simply calculates it for you, by marking the value of day low - ATR. By default the hardcoded ATR value is 0, which means "Uses the ATR at that day with configured look back period". If you want to use a specific ATR...
Plots the GBTC premium as a percentage of the bitcoin price at the close. It also includes the annual management fee (2% at the moment). It accrues on a daily, weekly or monthly basis depending on the chart resolution. (intraday not supported) The amount of bitcoin per gbtc share and the annual fee may be changed by Grayscale in the future. Those values can be...
Dear Traders, This is a simple range breakout indicator where we are creating a range based on high and low of two consecutive volatile candles. The logic is, 1) If the second candle traverse 1% up from the previous candle low (or) 2) If the second candle traverse 1% down from the previous candle high then, the range is formed based on this high and low and 3)...
EMA and SMA system with an estimated coming 7-day EMA/SMA based on oldest closing price and estimated change percentage of future price. The long-cycle bars are marked by green color to avoid distraction from price fluctuation based on MACD default EMA setting. This work is a combination of ideas inspired by LoneCapital and @seedof.
Dekabot is a BTCUSDT trading signals indicator. The buy/sell alerts are not re-painted so the results displayed will not change when Tradingview is reloaded. Dekabot Alerts uses a combination of Bollinger Bands , MAs and RSI to determine if the market is in an uptrend or downtrend and a custom built indicator determines when a market is oversold and overbought...
Introducing the Smooth First Derivative indicator. For each time step, the script numerically differentiates the price data using prior datapoints from the look-back window. The resulting time derivative (the rate of price change over time) is presented as a centered oscillator. A first derivative is a versatile tool used in functional data analysis. When applied...
The Tweezers pattern is a minor trend reversal pattern that consists of two candlesticks with more or less the same high or the same low or some variation thereof. The user can adjust this variation by changing the 'Tweezer Wick Percentage' input. The Tweezers Bottom pattern generally appears in a downtrend with the first candlestick being a bearish...
Level: 2 Background John F. Ehlers introuced Super Smoother Filter in Jan, 2014. Function In “Predictive And Successful Indicators” in Jan, 2014, John Ehlers describes a new method for smoothing market data while reducing the lag that most other smoothing techniques have. And this is a very popular filter to eliminate noise of market signal. Key Signal Filt...
Finds Price Support Based on last 20 Bar Low, 40 Bar low, and 80 Bar low, and calculated using 1x 80 bar low, 0.5x 40 bar low, and 0.2x of the 20 bar low. Feel free to check out the script! How to use: Add to your chart, drag the indictor to the main chart, then merge both scales on the right!
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Kangaroo Tail is a multi-bar pattern. The Kangaroo Tail is both simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is based on price action. The indicator does what it was designed for: displaying...
This indicator plots the Cash Initial Balance for the ES, YM, NQ. The Cash Initial Balance for US indices is the high & low from 9:30-10:30 ET, the first hour after the NYSE open.
This Script indicates when the Ichimoku conversion line is above the baseline, the macd is above the above the signal, and when the 200 MA is above the closing price.
Overview: This is a swing trading Indictor works using support & resistance and market trend, it is designed for all type of markets (crypto, forex, stock etc.) and works on all commonly used timeframes (preferably on 1H, 4H Candles). How it works: Core logic behind this indicator is to finding the Support and Resistance, we find the Lower High (LH) and Higher...
Dear followers, today an upgraded version of Nova Bands indicator, here below the previous V1 This is a great analysis and scalping tool for day trading on low timeframes (5-15 minutes) or to plan swing trades on hourly timeframes. It can be used also on high timeframes just for analysis current market trend. The indicator plots a series of levels which create...
HOW'S THIS INDICATOR DIFFERENT ? If you are familiar with my work, then you would know that I am into creating indicators with tons of parameters, almost all of which are left for you to configure. While this gives you an incredible level of customization, the feedback I received was that some of you felt a bit overwhelmed by them. As such, I decided to create...