The "RSI Momentum Trend" indicator is a valuable tool for traders seeking to identify momentum trends. By utilizing the Relative Strength Index (RSI) and customizable momentum thresholds, this indicator helps traders spot potential bullish and bearish signals. you can adjust input parameters such as the RSI period, positive and negative momentum thresholds, and...
A trigger program to print volume triggers on stocks that are being watched. It helps with identifying the trigger volume on a candle and helps determine whether one can enter a position or not.
🧾 Description: This indicator calculates evolving value areas across 3 different timeframes/periods and combines them into one composite, multi-timeframe evolving value area - with each of the underlying timeframes' VAs assigned their own weighting/importance in the final calculation. Layered with extra smoothing options, this creates an informative and useful...
This indicator Looks for continuous retracements from Smoothed Moving Average periods of the user's choosing. This can be helpful in locating reversals and pullbacks with a quick glance. With this indicator, you have plenty of options to cater to your time period of choice as well as the freedom to change to colors that best suit your chart. This script was made...
ATR Momentum is a dynamic technical analysis tool designed to assess the momentum of a securities price movement. It utilizes the comparison between a faster short-term Average True Range (ATR) and a slower long-term ATR to determine whether momentum is increasing or decreasing. This indicator visually represents the momentum relationship by plotting both ATR...
This is a custom indicator that implements a trading strategy based on Renko charts, but they can be used on regular candlestick charts and on any time frame. Renko charts are known for filtering market noise and displaying price movements in a clearer way. However, it is important to note that this indicator is provided for educational and informational purposes...
Hello Guys. I'm very very happy to release a new indicator after a really long time The reason I created this indicator is, we often forget the importance of volume. Volume is a signal of the start of a strong trend, and a very good example of how long a trend can continue. Why do we forget the importance of trading volume? Right, because we use a timeframe...
The "Yearly High & Low" indicator shows the yearly high and low prices on the chart, providing you with key price levels for each year. It helps you identify significant price ranges and potential support and resistance areas. Features: Start Year and End Year: Define the starting and ending years to display the highs and lows within a specific period. Show...
This indicator is based on Multi timeframe supertrend . i use pine script function ta.supertrend() .. The Multiple Timeframe Supertrend is a technical analysis indicator that helps traders identify the overall market trend across different timeframes. It is based on the concept of the Supertrend indicator, which is designed to follow the trend and provide buy or...
This is Super Pivots !! This indicator can do the following: Display Pivots for all time frames on the chart. Display Pivots for shorter time frames (such as 1-hour timeframe). Display Pivots for the market.
The Supply and Demand Daily indicator displays daily supply and demand areas on the user's chart. These areas are constructed using the market data within a previous daily interval. This script makes use of the same logic as our previous Supply and Demand Visible Range indicator . 🔶 USAGE The supply/demand areas & levels displayed by the indicator aim to...
This indicator is an enhanced version of the Anchored VWAP indicator with additional functions: 1. Anchored AP (average price). It removes the volume weighting step in Anchored VWAP, and can display the average price over a period of time. For example, if the price of the stock in the last 3 days is 100, 200, 300, then AP is their average value of 200 2. Anchored...
The Wick Reversal Indicator is a powerful technical tool developed in accordance with the pseudocode outlined in the book "Secrets of a Pivot Boss" by Franklin O. Ochoa, Jr. This indicator assists traders in identifying potential market reversal points with enhanced precision. By closely following the principles discussed in the book, the Wick Reversal Indicator...
In the cryptocurrency market, there is a challenge: understanding the flow of stablecoins during market growth and downturns. It's difficult to grasp whether the market surge is due to a shift in funds from BTC or an influx of USD. Detecting the fluctuation in market capitalization of stablecoins helps investors gain a clearer perspective of market...
Here is my second script. Introducing the RSI Fractal Energy Indicator. This incorporates the Relative-Strength Index and Fractal Energy as the name implies. This will help the trader identify: 1. Trend Strength: The higher the value of the indicator can indicate the strength of the trend and vice versa. 2. Reversal points: If the indicator is showing...
Hey everyone! I got a pseudo-request a while ago for something like this, essentially the ability to track where another ticker would fall based on an alternative ticker. I did create my ticker correlation reference indicator which directly looks at the correlation between 2 tickers. However, this is an indicator that operates on the same principle but is more...
Persistency of trend This script calculates how many days price has been over a Moving Average. How to use the indicator You can use it to find persistency of trend. Over a certain threshold - number of days - you will find a very strong persistency of trend that has a high probability of continuing longer than you may first expect. It's up to you to find...
Script Description: This script is designed to provide a visual indication of the major and minor trends of an asset, along with potential buy and sell signals. It calculates two Simple Moving Averages (SMA): a longer-term 200-period SMA (Major SMA) and a shorter-term 20-period SMA (Minor SMA). The script determines whether the asset's closing price is above or...