Based on Squeeze Momentum indicator by LazyBear This custom version of SQ is part of my Trading System. How to use it. Please read the description of the original author of this indicator here. Volatility . When the market is contracting or sideways usually you will see red or blue dots. Blue dots. the market is in sideways and the volatility is low....
Just show full-time historical maximum drowdown and current drowdown from maximum
Our Indicator “Relative Currency Strength” offers an insight into the strength behind the quote and base currency of any Major/Minor Forex Instruments. Every Forex Instrument is a relative conversion factor between two currencies - a quote currency and a base currency. This indicator calculates the strength for each of the currencies using predefined major Forex...
This indicator help grid traders to chose the best delta in their gridTrading. The best delta gridTrading indicator is proportional to the Average true range.
The Faster Bands indicator develops the idea of the famous Bollinger Bands . The classic Bollinger Bands indicator consists of a simple moving average of the price (called middle-line) and two bands, plotted at a two standard deviation level above and below the middle-line called upper- and lower-lines, respectively. We moved from simple averaging to...
MACD MTF Table Provide you Indicator Value for MTF 5,15,30,45,60,120,D,W,M in table format user can also able to change value of Fast Length, slow length, Smoothing Line as per users requirement also provided ATR Value for same timeframe NSE:NIFTY NSE:BANKNIFTY
I'm currently working on v5 of my Pine Script Programming Course. As a part of it, I'm building a few tools/widgets to help students get the content easier. Here is one of the tools. It's quite basic with it you can select a bar and see all the build-in variables for this bar (Except strategy variables) I hope it will help you in learning Pine Script! ...
DESCRIPTION SSL Indicator with ATR, Volume, ADX, TakeProfit, Profit Cycle Indicator and Extended Trend Control. The component is based on moving averages, its effectiveness is greater in long periods: 4H, 1D, 1S HOW DOES IT WORK The component works with a fluctuation band in which the price moves, it consists of an upper moving average of 10 periods and a lower...
This is the same as the Fibonacci ORB Scanner (public) --> However, it can be set to different parameters and appears on the left side of teh screen. I like to monitor the fibonacci levels for several different timeframes for a broader market analysis. To do this I generally use a blank chart (no candles/price action) and load all 3 Scanners at once on...
This is the same as the Fibonacci ORB Scanner (public) --> However, it can be set to different parameters. I like to monitor the fibonacci levels for several different timeframes for a broader market analysis. To do this I generally use a blank chart (no candles/price action) and load all 3 Scanners at once on different timeframes. I get a lot of my trade...
The original Average True Range (ATR) indicator is a technical analysis indicator designed to measure volatility. The higher the ATR the higher the volatility. The RECON ATR Volatility Percentage indicator calculates the Average True Range (ATR) as a percentage. Suggested chart timeframes: 1h, 4h and 1D seem to produce the most useful intel but can be used on...
ORB Breakout strategies are a common way to daytrade. The Daily Fibonacci ORBs are designed to give traders a quick edge in their trading analysis by showing the Fibonacci levels as established by the opening range. In theory, one can play calls above the 1.0 and puts below the 0.0. However, I recommend pairing the Daily Fibonacci ORBs with a suite of...
The Fibonacci ORB scanner allows users to monitor Fibonacci Levels as defined by a user-defined time range. The 0 Fibonacci and 1 Fibonacci will be defined by the lowest and highest price points during the defined time period. The scanner can be set to intraday settings or any user-defined time-frame ("Delivery" settings). A common way to use the scanner is to...
RAR - risk adjusted returns. This methodology could be helpful in portfolio creation and position size risk management. We can set our own preference of risk tolerance via the X variable which is the exponent of volatility in our calculations. This gives an unlimited set of example portfolios on a given time-frame that can be sorted from return oriented to...
This is a far inferior method for a screener/scanner (compared to my first publication) but after looking at that script from a noobs eyes again, I could see how this form would be a lot easier to take in/understand so wanted to publish it. Everything that I could think of to mention about this is in my 1st pub so ill leave it to you to check it out...though I...
Modified Average True Range (ATR) Indicator This indicator displays the ATR with relative highs and relative lows statistically determined. What is ATR: To know what ATR is, we need to understand what a True Range (TR) is. - TR at a given bar is the highest distance between points: a) High vs low, b) High vs Close, and c) Low vs Close. - ATR is the moving...
Inputs: MA Length = select the length period of the moving average Timeframe = select the timeframe you want the indicator to operate on Moving Average Type = select the type of moving average you want to use- most common ones are listed Lookback = The histogram comparison period. A longer lookback will give fewer signals. "Compare this reading to...
I am very scatter-brained by nature and sporadic in my thought processes but if these benefit the community and ya'll ask for more perhaps I will get better and even out a tad....probably not....but you never know. Firstly, allow me to apologize to all the vet/more sophisticated coders out there whose eyes and brains might just be overly taxed due to my poor...