Level: 1 Background The KDJ oscillator display consists of 3 lines (K, D and J - hence the name of the display) and 2 levels. K and D are the same lines you see when using the stochastic oscillator. The J line in turn represents the deviation of the D value from the K value. The convergence of these lines indicates new trading opportunities. Just like the...
The indicator is built as an educational purpose and is therefore not a recommendation for buying/selling shares. The idea is to create a visual form in a graph that shows if there is any trend, both positive and negative. A dialog box with a warning tells you what trend prevails. In the code, there is an opportunity to take a position or go out of position if...
The MA cross is probably one of my favourite strategies because of its simplicity but it often gets overlooked for more complex strategies. The original author of this script is ChartArt, I have just added some extra controls and functions which are outlined below. I would just like to add that this is my first published script, everything I have learned about...
Studies Used: We have used different type of moving averages and average true ranges in this indicator. Usage: It can be used for scalping and Intra-day trading. It works on all time frames and Scripts. It provides easy to visualize multiple information: 1) It gives the correct Entry on Time. 2) Fake trends are shown on purple color of trend line . 3) It gives...
Level: 2 Background A simple moving average (SMA) calculates the average of a selected price range, usually closing prices, based on the number of periods in that range. A simple moving average is a technical indicator that can be used to determine whether an asset price is holding a bull, a bear, or is reversing. The bias shows the moving average rate of...
Welcome back everyone, It's been a while since our last post. In recent months we have worked on all kinds of projects, but more on that later. In the meantime, we also received a lot of positive feedback about our original 'The MATRIX: Ultimate Crypto Position Strategy' script. One of the many requests was whether we could release an alert version. However,...
Main features of this script are: * To show always highest and lowest value from given Moving Averages of certain intervals (30min, 1h, 2h, 4h. 6h, 12h, 1D, 3D, 1W to choose from, multiple choices are possible and desired). * It also draws the middle line made of highest and lowest MA lines. * If you would like to see all the MAs to see how its working you can...
///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// ADOL_Scouter(아돌 스카우터) current version : signal ver1.5 history)) // 2020.09.13.ver1.0 Long / Short / Branch signal // 2020.09.16.ver1.1 or higher transaction volume detector banker function added // 2020.09.18.ver1.2 Addition of trend...
GBTC Premium based on formula published online. With smoothing.
For education purpose. Applied only for Matty Pips Strategy. Arrow will appear when bollingerband + sar + binary with temito are in the same OB/OS.
The latest iteration of the MESA Adaptive Moving Average - rewritten to make use of Pinescript v4 Arrays. Explanation of settings and example use cases: Fast Limit: Lower values will reduce the reactivity of the MA to rapid price changes. - For instance, if you want to ignore price spikes on a low timeframe, then reduce Fast Limit Slow Limit: Lower values...
Hi Guys, I would like to introduce you Trend quality cross indicator. The idea orginallybcomes from @kruskakli and his indicator "Trend Quality" so shout-out to him I have modified the indicator to display just binary option buy/sell and display diff percentage from previous cross. Also there is a difference that I have double smoothed tq indicator results to...
Dear Investor / Trader, Novice Hedge Trade Master is a flag to identify the Supply and Demand zones. I have coded the flag in such a way when there is an imbalance between the buyer and the seller, the flag is triggered. There are 2 type of candle. Equilibrium Candle (E-Candle): They imply that transactions are happening in a range thus Buyer and Seller are in...
This is my bread and butter when trading futures . - 3 Standard Deviation Bands (Above and Below) - Yesterday's VWAP and Band Levels - Labels to help keep track of levels - Ability to define resolution (I use Daily for my intraday scalping and Weekly/Monthly for context)
Level: 1 Background Elliott wave theory is a method of technical analysis that looks for recurring long-term price patterns that are related to persistent changes in investor sentiment and psychology. The theory identifies waves that are identified as impulse waves that form a pattern and corrective waves that counteract the larger trend. Function L1 Elliott...
My goal was to create something akin to the Fear & Greed Index ( money.cnn.com ) that CNN and others do. A Fear/Greed Index can be used by any trader or investor but I believe it's best viewed with a contrarian's eye-- When the market appears to be signalling Extreme Fear, that is a good place to start buying from emotional players who want to sell no matter...
What is PAT Tool? Pat tool is a trend following indicator which gives buy and sell indication with some moving averages. Description After the long research of 4 years along with 100’s of indicators & oscillators we have created this wonderful indicator which can avoid signals in a choppy market & gives perfect signal to buy and sell at a right time with 70...
Level: 1 Background One of the biggest differences between cryptocurrency and traditional financial markets is that cryptocurrency is based on blockchain technology. Individual investors can discover the direction of the flow of large funds through on-chain transfers. These large funds are often referred to as Whale. Whale can have a significant impact on the...