Custom candles which only didsplay highs and lows. Color depends on relative position of highs and lows and indicates whether it is going up, down or indecision based on this relative position. Made specially for superchiqui :P
█ OVERVIEW This script shows when buyers are in a rush to buy and when sellers are in a rush to sell ═════════════════════════════════════════════════════════════════════════ █ CONCEPTS Prophet Mohamed Peace be upon Him once said something similar to this "It is not advisable to trade if you do not know the Volume". In his book "The Day Trader's Bible -...
Script to ploy Bolded Pivot and Intermediate Pivots based on the TraderLion Daily Plan. To use the automatic alerts, you need to open the add alert menu and select BP / IP as the Condition and then select the add any alert() function call. Otherwise, you can select and create your own alerts for crossing any of the BP or IP levels. Alerts work best when setting...
This indicator extends the built-in Volatility Stop indicator to a visual signals type indicator based on the crossover of a small VStop value (default 1.5x ATR) and a larger VStop value (default 3x ATR). The two values form a "cloud" with default coloring based on RSI/strength of trend.
The script looks at how far the price is below or above the ichimoku cloud, and publishes an oscillator. Low or high oscillator values are indicative of reversals, to assist with long or short entry decisions.
The Trends indicator is created for trend trading and (Bitsgap) crypto bots of crypto assets over longer time periods. Works best for 4h, Daily and Weekly candles (even Monthly), but unsuitable for hourly candles and day trading. This indicator shows you if a crypto pair is in a Bear, Bull or Sideways market. The idea is to simplify decision making when to sell...
Experimental: a composite of the dollar index with equal weights. this is a repost of: www.tradingview.com
Lines plotted for the Low and High of the region of price that was Overbought or Oversold (Low of the candle that became overbought and highest high in the Overbought period) (High of the candle that became oversold and highest high in the Oversold period) I like to use the dotted lines as pivot points for the reversal of the trend, and also pay attention to...
I have a thing for efficiency, as I'm sure many of you do as well. One could say we are minimalist. As such, wasting precious chart space is absolutely unacceptable. Such precious commodity should only be used for things that are pleasing to the eye and mind. This minimalistic ATR filter will give you all the functions a regular ATR provide, without all the...
This indicator shows us if the price is moving up or down based on the 20MA of the 20MA. If the line is green then this indicates that the price is moving up, and if red the price is moving down. How to use: Not applicable here because its all about the 20MA. Markets: It can be used to all markets.
Level: 3 Background The directional movement index (DMI) is an indicator developed by J. Welles Wilder in 1978 that identifies in which direction the price of an asset is moving. The indicator does this by comparing prior highs and lows and drawing two lines: a positive directional movement line (+DI) and a negative directional movement line (-DI). An optional...
█ OVERVIEW -Following many people's request to add "Volume" mode again in my "Institutional OrderBlock Pressure" script. I decided to release an improved and full-fledged script. This will be the last OB/Retracement script I will release as we have explored every possible way to find them. █ HOW TO INTERPRET? -The script uses the the 0.5 Pivot and the...
Explaining VAR Best to use on a Monthly Timeframe with a Ticker that exists longer then 2 years (example Bitcoin ) Then open the console so you can read and follow the instructions and explanation in the script -> Perhaps technically some things could be better explained, but the main goal here is to explain 'var' in a rather simple way Hope this helps, cheers!
Explaining nz Best to use on a Monthly Timeframe with a Ticker that exists longer then 2 years (example Bitcoin) Then open the console so you can read and follow the instructions and explanation in the script -> Perhaps technically some things could be better explained, but the main goal here is to explain nz in a rather simple way Hope this helps, cheers!
This script simply displays bar colors corresponding to the SMI Ergodic Indicator. It does not display the oscillator or indicator itself. I prefer not to crowd my display with too many oscillators - others may find this script useful as well. Used in conjunction with other indicators, the SMII can give early reversal signals. Thanks to the TV community.
Especially useful when using it for stocks in intraday screening for daytrading. This gives you quick information about the volatility at the moment when you look at the stock. The current range of the last candles (adjustable) is calculated so that you can stop based on the Vola. In addition, the daily volume and daily range are calculated in the table and...
Modified Mannarino Market Risk Indicator MMRI = DXY * 10Y Yield MMMRI = MMRI * (Debt/GDP) Color Indicators Green ~ Low Risk Yellow - Mod Risk Red - High Risk Purple - Extreme Risk Bubbles Formula (MMMRI_DK) DXY*(10Y + FED Rate)* (Shiller P/E Ratio) * (Warren Buffet Indicator)*(Debt/GDP) /1.61 Similar to the Shiller P/E Ratio - you need to...
█ OVERVIEW This is a screener script for the Donchian Channel indicator . It's an excellent indicator for trend following, a trading strategy which tries to take advantage of long, medium or short-term moves that seem to play out in various markets. █ DESCRIPTION The screener works by scanning through up to 10 symbols and list down symbols that are currently...