Script Overview This script is a trading indicator designed to identify potential buy and sell signals based on the crossover of two Exponential Moving Averages (EMAs): Indicator Title and Setup: The script is named "EMA Crossover Buy/Sell Indicator" and is plotted directly on the price chart. EMAs Calculation: It calculates two EMAs: a 20-period EMA and a...
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The Breadth Thrust Indicator, based on Zweig's methodology, is used to gauge the strength of market breadth and potential bullish signals. This indicator evaluates the breadth of the market by analyzing the ratio of advancing to declining stocks and their associated volumes. Usage: Smoothing Length: Adjusts the smoothing period for the combined ratio of breadth...
Overview This script draws horizontal lines based on the opening prices of daily, weekly, monthly, quarterly, and yearly candles. A unique feature of this script is the ability to overlay lines from previous periods onto the current period. For example, it can draw the opening price line of the current month as well as the line from the previous month. This...
Relative Volume Index (RVI) Short Description: Relative Volume Index (RVI) with customizable volume bands, moving averages, and alerts for high and low volume thresholds. Includes options for displaying daily and weekly relative volume for enhanced analysis. Full Description: The Relative Volume Index is a powerful and versatile tool designed to help...
Plots exponential moving average on three timeframes at once for rapid indication of momentum shift as well as slower-moving confirmations. Displays EMA 5, 10, and 20. The default colors are simple to follow, via Red/Yellow/Green Traffic Light. When momentum is shifted upwards, the bands will be Green on bottom, then Yellow, and Red on top. When momentum shifts...
# 3-Bar (Outside Bar) Scanner with Table Display ## Overview The **3-Bar (Outside Bar) Scanner with Table Display** is a custom TradingView indicator designed for traders who utilize **The Strat** methodology. This indicator scans for **3-bar (Outside Bar)** patterns across multiple symbols and displays the results in a convenient table format directly on your...
Library "bollingerBands" Bollinger bands related functions get_multiple_bollinger_bands(stdv1, stdv2, stdv3, stdv4, stdv5, stdv6, stdv7, length, source) Parameters: stdv1 (int) stdv2 (int) stdv3 (int) stdv4 (int) stdv5 (int) stdv6 (int) stdv7 (int) length (simple int) source (float) ...
This indictor will mark intraday levels. Levels will be marked by calculating 3% up and 3% down from previous day close. This indicator calculates 3% levels above and below the previous day's close. These levels can be used to track potential support or resistance levels throughout the trading day. This script helps plot 3% above and below the previous day's...
Bollinger Band + Mid Band This indicator combines the classic Bollinger Bands with enhanced customization options, allowing traders to fine-tune the settings according to their specific strategies. Key Features: Moving Average Flexibility: Choose between Simple Moving Average (SMA), Exponential Moving Average (EMA), or Weighted Moving Average (WMA) as the...
created by Larry Williams--Accumulation/Distribution Larry Williams 的集散指标(WAD)计算方法则是基于价格变化: 如果当日收盘价高于前一日收盘价: WAD = 前一日的 WAD + ( 收盘价 − min ( 最低价 , 前一日收盘价 ) ) WAD=前一日的 WAD+(收盘价−min(最低价,前一日收盘价)) 如果当日收盘价低于前一日收盘价: WAD = 前一日的 WAD + ( 收盘价 − max ( 最高价 , 前一日收盘价 ) ) WAD=前一日的 WAD+(收盘价−max(最高价,前一日收盘价)) 如果当日收盘价等于前一日收盘价: WAD = 前一日的 WAD WAD=前一日的 WAD
What's it all about? This nifty little tool, the Donchian Channels Oscillator, helps you spot when a stock might be overbought or oversold. It's like a price detective, looking for clues in the historical data to figure out if it's time to buy or sell. How does it work? Think of it as a seesaw. When the price is way above the Donchian Channels, it's like the...
Library "movingAveragesUtilities" get_movingAverages_data(source, length_fast, length_medium, length_slow) Parameters: source (float) length_fast (simple int) length_medium (simple int) length_slow (simple int)
Session Highlighter Script This Pine Script highlights the major trading sessions on your chart with distinct background colors and markers: - Asian Session: From 22:00 to 06:00 UTC (Tokyo Open to Close), highlighted in blue. -European Session: From 07:00 to 15:00 UTC (London Open to Close), highlighted in green. -U.S. Session: From 13:00 to 21:00 UTC (New York...
==== Candle Low Offset Indicator ==== ==== Overview ==== The "Candle Low Offset" indicator offers a method for tracking a price point that sit below the low of each candle by a percentage offset. It was originally intended to provide a price point with flexibility for setting a stop loss below the entry candle low, however, it could be used for other...
Custom volume histogram that visually represents trading volume in relation to the price action of the current bar. The histogram is colored based on whether the current bar is bullish or bearish, and it greys out when the current volume is lower than the volumes of the previous specified number of bars. Customizable Bar Count: Users can specify how many previous...
This indicator identifies large price candles that are bigger than the previous six candles, helping traders spot potential breakout or reversal signals. By highlighting significant candles compared to recent price action, it provides insights into key moments of increased volatility or momentum shifts in the market.