The VWAP Stop Loss indicator is a technical analysis tool that helps traders determine where to set their stop loss levels based on the Volume-Weighted Average Price ( VWAP ). This indicator calculates the VWAP based on a specified length and multiplies it by a factor, which helps determine the distance for the stop loss levels. When using this indicator, the...
Introducing the "3commas All Built-in Indicators in One Script" for TradingView! Tired of wondering which 3commas-built-in indicators to use and how to combine them? This script is here to make your life easier by answering this question for you. Instead of spending hours paper trading on 3commas and hoping for the best combined indicator signals, save time and...
At the start of each trading day (0930 EST), this indicator calculates the intraday price difference between open and close for the eight largest market cap stocks (AAPL, AMZN, GOOGLE, META, MSFT, NFLX, NVDA, and TSLA), assigns a +/-1 for each, and then plots the cumulative change. An EMA has been added for smoothing purposes that is set to 5 but can be changed. ...
The Data Sampling Indicator was created by John Ehlers (Stocks and Commodities Mar 2023) and this is a genius method to reduce noise in the market data but also doesn't introduce any lag while doing so. The way this works is because traditionally, people have always relied on the close price as the default input for many indicators such as the RSI or MACD as...
Hey! So this indicator tries to spot ranges; Above the zero line is the data from green candles and below the zero line is the data from the red candles; When the white area is > than the black area, it indicates that the DrawBack is higher than the DrawDown; This might work counterintuitively for some people because, for a bullish candle, this means it has...
Sentiment winner is an indicator made by trader for trader. This indicator made for high volume index and highly traded forex pair. Special thanks to tradingview for providing such a beautiful platform to build indicators. Though this indicator looks like having candlesticks, well they are not, they are just some visualization. The logic behind sentiment winner...
Modified this script by Daveatt (based on Ricardo Santos Fractals) to scan patterns in BTCUSD, ETHUSD, DVOL, DXY, DVOL/VV
Plots approximate equinox and solstice dates, which are often zones around which market pivots occur.
Thank you to Hendrik Fuchs who coded this for me - I highly recommend you... The AUDUSD/EURUSD has a negative correlation with the DXY as does the GBPJPY/USDJPY have with the JPYX. This indicator is very simple and uses opposite candle pinbars (pinbar/doji structure can be set by you) of the two instruments on the chart whilst the stochastic RSI should be above...
Create a visible-range profile for almost any indicator! Hello! This script "Profile Any Indicator" allows you to create a visible-range profile for *almost* any indicator hosted on TradingView. Therefore, the only requirement: 1. Indicator must have a retrievable plot value. Should your indicator have a retrievable plot value (most indicators do), you...
If a big bar with high volume appears during an uptrend, this may indicate strong buying pressure i.e. the bar acts as support. vice versa, if a big bar with high volume appears during a downtrend i.e. the bar acts as resistance. How to use ? It is easy to use whenever the label appears on the candle's high (make sure the candle's color is Red for a bear...
This is not your usual single moving average (SMA) indicator. It is an anchored SMA indicator. The anchored SMA does what other SMAs cannot--it stays at an anchored timeframe and presents that SMA relative to the timeframe you are in. For example, standard SMA indicators adjust to the timeframe you are viewing in your chart. So if you set it to a 20 day SMA...
EMAs play an important role in identifying the mood of the market. Frequently used short term EMA is 5 and long term EMA is 50. This script detects the crossover (+ve and -ve) and generates alerts accordingly. Steps to apply: 1) Open the script on a desired timeframe. 2) Add this indicator on the chart 3) Choose the values of the 2 EMAs from settings 4) Go to...
This source code is an implementation of a TradingView indicator called "Sniper Entry". The purpose of this indicator is to identify potential entry points for trades based on certain candlestick patterns and the Stochastic oscillator. The indicator calculates the Stochastic oscillator based on the close, high, and low prices of the asset over a period of 14...
This script quantifies the energy in a price move by comparing the relationship of 3 configurable exponential moving averages present on a slightly higher timeframe (chosen automatically based on the charts current period). It uses the closing price by default, but this is also configurable using the Source input. There are a few ways to use the information in...
Example method of how to import, offset, and plot CSV data using an array. NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by...
This indicator is a highly customizable moving average ribbon with some unique features. This script can utilize multiple unique sources, including a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the MA ribbon....