Kung hindi nyo ako naiintindihan hindi nyo rin maiintindihan ang indicator na ito kaya good luck God Bless! Happy Trading :)
Volume Sato's Bar / Satos Bar / Raio X Preditivo This is an experimental code based on Satos Bar by Raio X Preditivo It's a way to check expressive volume in one bar, and it's can give you an idea of a important Zones to make decisions. Example:
Hello traders For today, I wanted to translate a FXCM/LUA script to Pinescript Source: fxcodebase.com This indicator creates a list of available currency pairs, Displays Pip or the percentage change for the defined time frames. I added a lookback option to compare the current close value to the lookback candle open value Possible optimizations Throwing a...
Shading the area of positive CMF with green and negative with red.
This is an experimental idea to transform the original script created by @Fleite28 in a kind of SSL with volatility bands. @Fleite28 has made all script and he have all credits, I just give him this idea. I'm using this indicator to confirm: 1-potential bull trend (when you have 2x green lines with support) 2-potential bear trend (2x lines red -...
OBV with William C. Garrett's Approximation In the classical OBV (On-Balance Volume) indicator, it simply takes the idea from traditional tape reading - treat the "up tick" as Buy, "down tick" as Sell, and it assumes no change in price as neutral* (*which is not the case in tape reading). When it comes to interpret the daily volume as such, errors will add up...
Follow up to Volume Spike Strategy. This script calculates volume spikes (e.g. volume is 3 times greater than average volume) and signals them in overbought or oversold areas (RSI). Credit to “Capitalize AI: Volume Spike Strategy" by Bitcoin Trading Challenge for the original idea. Tested on XBTUSD 1 minute chart
TRB (True Range Breakout) plots the current TR (true range) as well as the previous TR high over n periods. If the current TR is greater than the previous TR high, then the TR histogram will become red. Red signals high volatility. Enter trades only when the histogram is above the TR high line. Happy trading! 🥳
Hello Traders, Linear Regression gives us some abilities to calculate the trend and if we combine it with volume then we may get very good results. Because if there is no volume support at up/downtrends then the trend may have a reversal soon. we also need to check the trend in different periods. With all this info, I developed Volume-Supported Linear...
Hi traders, I woud like to introduce new script of obv indicator that resets on creation of new pivot high or low. Note that it resets when it's known that it is a pivot. On the reset candle adds accumulated value from previous candles defined by i_right input. It has following settings: pivot setting - here you can infulence pivot detection obv setting - here...
This indicator essentially just finds reversal points on the graph, and labels them buy. Currently working on sell/close trade alerts. Strategy I have used a little bit with some success is entering a trade when it says buy, taking profit at 1% and setting a stop loss at 0.5%. On the 1 hour timeframe I do (still looking into backtesting to see accuracy of other timeframes.
Gain Loss indicator for tracking the gains and losses during trades Options to Input * Entry Price * Type of Position * Size of Position * Currency Multiplier Please like if you find this script useful :)
This Study uses Benford's Law , which states that unmanipulated numerical real-life data sets should contain a certain distribution of leading digits. This Mathematical Law may be useful to identify whether there is market-manipulation going on and to which degree. The higher the value the script outputs, the higher the deviation from the expected leading-digit...
Volume-weighted SSl channel. new concept of indicator that does not have in the entire library, different from SSL based on EMA or MA, this indicator can identify turns faster than a conventional indicator that only takes into account the price. Enjoy and give the feedback.