Bollinger Bands (BB) are a widely used technical analysis created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to instrument prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (The type of trend line and period can be changed by the trader;...
Title: Customizable 52 Week High & Range Bands Indicator
Description:
The "Customizable 52 Week High & Range Bands" indicator is a novel tool designed for traders and investors who seek to gain insights into an asset's long-term performance while simultaneously identifying potential support and resistance levels through customizable percentage-based range...
Hi,
I have created Artharjan Day Trading Range indicator that plots the Intraday Trading Range for the day based on past 5 Days ATR value and takes 50% of that value and plots it above and below the current day's opening price. If current day close crosses above the Upper Level then we may see a Bullish trend otherwise Bearish trend can be seen. If the price...
This script is a combination of several indicators and trading strategies.
Let's break down each part:
1. MACD Indicator (My MACD Indicator – Nabil's Version): This calculates the Moving Average Convergence Divergence (MACD) using Heikin Ashi candles. It uses Exponential Moving Averages (EMA) to compute the fast and slow lengths and then calculates the MACD line,...
Hello, I focused on making this indicator as user-friendly as possible while designing it. I avoided complex structures, and as a result, I believe I have created an indicator that everyone can easily use.
With the Strategy Builder indicator, you can automate the strategy you use and visualize signals on the chart. This allows you to scale your strategy and stay...
How Users Can Make Profit Using This Script:
1. Volume Representation : Each candle on the chart represents a specific time period (e.g., 1 minute, 1 hour, 1 day) and includes information about both price movement and trading volume during that period.
2. Candlestick Anatomy : A volume candle has the same components as a regular candlestick: the body (which...
How Users Can Make Profit Using This Script:
1.Volume Representation: Each candle on the chart represents a specific time period (e.g., 1 minute, 1 hour, 1 day) and includes information about both price movement and trading volume during that period.
2.Candlestick Anatomy: A volume candle has the same components as a regular candlestick: the body (which...
Linear regression is a linear approach to modeling the relationship between a dependent variable and one or more independent variables.
In linear regression, the relationships are modeled using linear predictor functions whose unknown model parameters are estimated from the data.
The regression channel in this study is modeled using the least squares approach...
Introducing the "True Market Mean Bands" (TMMB) , a technical analysis tool designed for Bitcoin. TMMB provides a model of market valuation by integrating the concept of Vaulted Realized Price with dynamic volatility bands, offering traders insights into potential market movements.
Core Concept and Utility:
The TMMB centers around the Vaulted Realized Price,...
How Users Can Make Profit Using This Script:
DAYS OPEN LINE:
1.Purpose: Publishing a "Days Open Line" indicator serves to inform customers about the operational schedule of a business or service.
2.Visibility: It ensures that the information regarding the days of operation is easily accessible to current and potential customers.
3.Transparency: By making the...
What is this indicator?
This indicator shows RSI but visualize as bands with custom timeframe settings. Normal RSI doesn't really visualse well when the price gets overbought/oversold and generally because of candle closes it can be hard to determine if the price has already touched the prefered RSI level. The custom timeframe allows you to go to shorter or...
"Quadratic Weighted Bands" (QWB) is designed to identify and visualize market trends and volatility using quadratic weighted filtering techniques. It works by applying quadratic weighting to a selected data source over a specified length, enhancing the sensitivity and responsiveness of the indicator to recent market movements. A major advantage of this indicator...
Visulaized version of @colinmck's Twin Range Filter version on TradingView.
On @colinmck's Twin Range Filter version, you can only see Long and Short signals on the chart.
But in this version of TRF, users can visually see the BUY and SELL signals on the chart with an added line of TRF.
TRF is an average of two smoothed Exponential Moving Averages, fast one has...
This script explains how RSI Oscillator along with Bollinger Bands & Moving Average can be used to catch "Reversal Points".
What is an Oscillator:-
An oscillator is a technical analysis tool that constructs high and low bands between two extreme values and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to...
Description:
The "200 EMA Trend Strategy" is a versatile technical analysis tool designed for day trading and long-term investing. It aims to identify potential trend reversal points in the market based on the interaction between the price and the 200-period Exponential Moving Average (EMA). This strategy utilizes the 200 EMA, standard deviation bands, and basic...
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder, the RSI is calculated using the average gains and losses over a specified period, typically 14 days. Here's how it works:
Description and...
This script is a custom implementation of grouped Simple Moving Averages (SMA) with added Bollinger Bands
Key Features:
Customizable Length (n): Allows users to set the length for the SMA calculation. The length is the number of bars used to calculate the average. This is input by the user and can be adjusted to analyze different time periods.
Standard Deviation...
![ETHUSD: Heikin Ashi RSI + OTT [Erebor]](https://s3.tradingview.com/z/znVARzOy_mid.png "Heikin Ashi RSI + OTT [Erebor]")
