I created this indicator/study script because i ran into the issue that the same Alerts would fire multiple times. For example it would trigger a Long signal when already being in a Long. I guess there would be no issue with a very basic strategy but with a larger script and many variables, it seemed to create complications. This is resolved by a TradingLine...
WMA Elliott Wave Oscillator V1.5 Indicator full information WMA Elliott Wave Oscillator V1.5 has been developed from Moving Average Weight, Elliott Wave , and Down Theory. It’s for the technical analysis users describe the movement price on the present market. It’s different from others because we want to process with the Moving Average Weight ( WMA )...
A momentum oscillator based on z-score of logarithmic returns by default, but can be applied to a mean of returns or price as well. When applied to logarithmic returns, price, or mean of returns, it takes a series of z-score values, and applies a smoothing filter to attempt and filter out noise to derive a trend or momentum signal. Since volatility in my...
Description The Code Runner is a hybrid indicator that leverages other pre-configured, integrated open-source algorithms to help traders spot regular and continuation divergences. The Code Runner specialises in integrating some of the most popular oscillators well known for their accuracy when scalping using divergence strategies. Uniqueness The Code Runner...
Trend colors based on PSA and selectable Ma's. classic PSAR trend mixed with 2 selectable MA's switching between Bullish Neutral Baerish the switching logic is in colorlogic() usage: colorswitch maybe one entry. if you want to trade with a trend example: green yellow, green << entry (long) if you want to trade against a trend example: green yellow red (entry...
This is an indicator that gives you bands around the Fibonacci levels High/Low of the asset. There are 3 time frames available so you can use the hourly, daily and weekly at the same time. You can change the bands via selectable inputs to suit your own preferences. you can as example combine with RSI or MACD to find a entry
The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. Sometimes known as the "stop and reversal system," the parabolic SAR was developed by J. Welles Wilder Jr., creator of the relative strength index (RSI). PSAR can itself prove to be great trading...
Fund Master, Revision 1, 3Apr2022 A. About Fund Master 1. An Oscillator with values between -100 to 100, with intention to simulate Fund inflow and outflow. 2. Presented itself in the form of solid candles without upper and lower tails. B. Features and Setting 1. Fund Master(FM) will show up by default. 2. User has the option to turn Fund Master Bull Bear...
OBJECTIVE: The purpose of this indicator is to synthesize via an average several indicators from a wide choice with in order to simplify the reading of the bitcoin price and that on a long term vision. Useful for those who want to see things simply, typically to make a smart DCA based on risk. I originally used this script as a sandbox to understand and test the...
Hello traders, This indicator was primarily designed to show the dominating influence of the underlying spot asset while trading perpetual futures, specifically on Binance. IMPORTANT: In order for this indicator to work properly/accurately you must be observing a Binance Perpetual future chart. The indicator detects which perpetual future symbol you're observing...
Correlation between candle's price spread (length of candle of each bar) and volume. Generally, increases in volume precede significant price movements. However, If the price is rising in an uptrend but the volume is reducing, it may show that there’s little interest in the instrument, and the price may reverse. The closer the correlation is to 1.0, indicates...
For the best results, make sure to view this indicator on a bitcoin chart with a very long history (e.g. BNC:BLX)! This model treats Bitcoin as being comparable to commodities such as gold, silver or platinum. These are known as ‘store of value’ commodities because they retain value over long time frames due to their relative scarcity. It is difficult to...
As you probably know in TradingView there is a limit of 40 instruments in one custom screener. I created a script that will allow you to scan more symbols. The idea of it is pretty simple. You have to add a screener a few times on your screen with a different set of symbols. Then select column width (as % of your chart width) and # of the screener right to left....
Show distance (%) from previous high/low in selected period.
The Rainbow Oscillator is a technical indicator that shows prices in overbought or oversold areas. That allows you to catch the price reversal point. --------------- FEATURES --------------- .:: Dynamic levels ::. The indicator levels are divided into several zones, which have a fibonacci ratio. Zones determine the overbought/oversold level. Blue and green...
Moving average ribbon of % stocks above 20/50/100/200 Day moving average in th S&P500. Directional color. Pretty good indicator for big bottoms. Tops - not so much. use 1D timeframe.
The RSI signal is displayed with different color zones to reflect the value on the chart. This makes field evaluation more efficient. RSI values of different time frames are displayed in the table, helping to evaluate the market more objectively. A Retest Buy signal is given when the RSI value decreases from the area of more than 80 to 50. Retest Sell signal is...