It allows you to get instant buy and sell signals. It generates algorithmic signals using indicator rsi , macd , cci , mfi , sma , ema data. Due to sudden market changes, it works more stably for 4 hours and more. You can set an alarm for the signals. Faint colors indicate possibilities. Dark colors are confirmation signals. Please make your investments by...
Simple Volume Oscillator, or SVO. I came up with this idea while studying Spread Volume Analysis (SVA). It uses the Trading View's built-in RSI function to simplify volume values for further interpretation. // -------------------- ENGLISH, Inglés How to Use: - When there's little volume activity, expect the oscillator to be closer to the zero line. - Wait for a...
The Trend Oracle is a superadaptive multi-timeframe Indicator Ideal timeframes are 4H, and 1D It is based on a combination of several other indicators including: - The Superstrength Index - An adaptive indicator using volume weighted average of the traditional RSI, MFI and OBV - The Superfast MACD - An adaptive zero lag MACD - ADX Trend - A tweaked...
This script detects 6 important candlestick patterns defined by the author and puts chart labels on your chart for your attention. It also includes a smart trend checking algorithm to detect trends. The six candlestick patterns covered are: Bullish Engulfing Bearish Engulfing Piercing Line Dark Cloud Cover Bullish Harami Bearish Harami *** Smart...
Now can be used by everyone. Chobotaru Indicator has two functions: 1. Probability cloud, giving the probability of stock or future to move to a certain price. 2. Help traders understand where to take profit and where to put a stop-loss. You don’t need knowledge about options trading, this indicator is for all traders/investors. What does the indicator do?...
Improving on the FPI version 1 , the following changes are incorporated. 1. The prices now use adjustable weighted averages for both spot and futures 2. The algorithm is improved for better normalization of data 3. The buy and sell zones are more precise with adjustable tolerance Upcoming V3 would include , the FRI ( Funding rate index ) as well as even...
Designed Around the NNFX rules Selectible Baseine Selectible Exit Indicators ATR bands, ATR labels for TP and TSL (1x and 1.5x ATR). Indication (White Diamond) where candle is over 1x ATR in size. Combined QQE Fast & Slow (C1 & C2) confirmations, Candles Grey before Trend Confirmed, change to Normal Colour when Trend established (QQE MOD used for...
Level: 1 Background The awesome oscillator is just that, an oscillator by Bill Williams. In contrast to the slow stochastics, which ranges from +100 to -100, the fantastic oscillator is limitless. On the surface, one might think that the fantastic oscillator is made up of a complicated algorithm developed by a Whiz Kid from M.I.T. You will be surprised to...
Dear Followers, today another awesome Analysis Tool, that you can use for day scalping: Volume Analyzer ! This indicator works on every market, pair and timeframe lets you see analysis of a different timeframes using the resolution parameter has an optional trend colored background (I suggest to disable it if you use a different resolution) ...
VAWMA = VWMA and WMA combined. Simply put, this attempts to determine the average price per share over time, weighted heavier for recent values. Uses triangular algorithm to taper off values in the past (same as WMA does). Why use this? Let's say the earliest bar of the VWMA has a huge amount of volume. That means that when the next bar arrives, there will be...
It's been a while since I have published anything meaningful for all members, but here is my next step in evolution of trend channel technology, my attempt at "Quadratic Regression Trend Channel" custom tailored for regression enthusiasts. I'm actually doing a lot more than my profile shall ever reveal. Many members may have heard of "polynomial regression...
The QQE indicator is a momentum based indicator to determine trend and sideways. The Qualitative Quantitative Estimation (QQE) indicator works like a smoother version of the popular Relative Strength Index (RSI) indicator. QQE expands on RSI by adding two volatility based trailing stop lines. These trailing stop lines are composed of a fast and a slow moving...
I updated existing script “ MacD Custom Indicator-Multiple Time Frame+All Available Options! ” originally created by ChrisMoody to Pine Script 4. version, so you can use it within your own strategy for algotrading or trading bots.
I will share one of the tools that I use daily with you. Based on PVSRA (a methodology developed by Trade at Home using, price action, volume wyckoff, support / resistance, trends all in one method), it is composed of exponential averages, which I think is plausible, however, it would not be more easy if the main moving average was not made with its own volume? ...
Similarity Search, Karobein oscillator (KO) and Seasonal Random Index (SRI) Description: This indicator uses dynamic capabilities of Pinescript version 4 coupled with Seasonal Random Index (SRI) and Karobein Oscillator (KO). SRI (green/red areas) is employed to detect trends and KO (black curce) is used to find historical similarities to predict the next bar's...
Introducing the Moving Regression Prediction Bands indicator. Here I aimed to combine the principles of traditional band indicators (such as Bollinger Bands), regression channel and outlier detection methods. Its upper and lower bands define an interval in which the current price was expected to fall with a prescribed probability, as predicted by the...
This indicator uses a custom RSI algorithm which displays a modified RSI and stochastic RSI as a simple to read and color coded oscillator. When RSI turns green it signals a bullish divergence and considers the asset as overbought. When it turns red it signals a bearish divergence and considers the asset oversold. Overbought levels at 80 and oversold levels at...