The CARNAC Elasticity Indicator (EI) is a technical analysis tool designed for traders and investors using TradingView. It calculates the percentage deviation of the current price from an Exponential Moving Average (EMA) and helps traders identify potential overbought and oversold conditions in a financial instrument.
Key Features:
EMA Length: Users can...
Price change indicator in the form of diagonal rows.
The calculation is based on the percentage or tick deviation of the price movement (indicated in the "Deviation" parameter), which is displayed on the chart in the form of rows.
The row consists of the base middle line, upper and lower limits:
The middle line is the basis for the upper and lower limits of...
EMA-Deviation-Corrected T3 is a T3 moving average that uses EMA deviation correcting to produce signals. This comes via the beloved genius Mladen.
The origin of the correcting algorithm can be attributed to Dr. Alexander Uhl, who developed a method to filter the moving average and identify signals. Originally, this method utilized standard deviation as a measure...
"Hello, first of all, I believe that the most important levels to look at are the weekly Fibonacci levels. I have planned an indicator that automatically calculates this. It models a range based on the weekly opening, high, and low prices, which is well-detailed and clear in my scans. I hope it will be beneficial for everyone.
***The logic of the...
Similar to how a donchian% of channel helps to visualize trend and volatility, this tool helps identify those same characteristics, if the oscillator is generally above the 50 mark, it is considered to be trending upwards, and the reverse if it is generally bellow 50.
Unleashing the Power of Trendlines with the "Strongest Trendline" Indicator.
Trendlines are an invaluable tool in technical analysis, providing traders with insights into price movements and market trends. The "Strongest Trendline" indicator offers a powerful approach to identifying robust trendlines based on various parameters and technical analysis...
This volume indicator uses a long WMA to establish an average volume and calculates the standard deviation based on that average. Each deviation level from 1 to 3 is also plotted with the bar color gradually increasing in intensity when more than one standard deviation is exceeded.
Multi Timeframe Volume Weighted Average Price with Standard Deviation Bands
I used the script "Koalafied VWAP D/W/M/Q/Y" by Koalafied_3 and made some changes, such as adding more standard deviation bands.
The script can display the daily, weekly, monthly, quarterly and yearly VWAP.
Standard deviation bands values can be changed (default values are 0.618, 1,...
This indicator visualizes in a straight forward way the distance price is away from the mean in absolute standard deviations (Z-score) over a certain lookback period (can be configured). Additionally I've included a moving average of the distance, the MA type can be configured in the settings.
Personally using this indicator for some of my algo mean reversion...
Linearly weighted standard deviations over linearly weighted mean.
The rationale of the study can be deduced from my latest publications where I go deeper into explaining the benefits of linear weighting, but in short, I can remind that by using linear weighting we are able to increase the information gain by communicating the sequential nature of time series to...
TWAP with:
- Anchoring: Custom, Day, Week, Month, Quarter, Year (custom anchoring can be selected by dragging a vertical line through the chart)
- Standard Devation Bands
- Auto-coloring depending on the trend
The Ergodic Mean Deviation Indicator was created by William Blau and this is a hidden gem that takes the difference between the current price and it's exponential moving average and then double smooths the result to create this indicator. This double smoothing of course creates a lag that allows it to give off a sustained buy signal during a bullish trend and vice...
The Deviation Scaled Super Smoother was created by John Ehlers and this is an excellent moving average that changes direction very quickly and can keep up with the current underlying trend. This indicator works by applying a Hann Windowed Moving Average to the stock's momentum and scaling that by the Root Mean Square and then using that value in the input for a ...
Visualizes the price difference (deviation) off BTC/ETH across multiple exchanges (Spot and/or Perpetuals)
Spot prices are represented by circles, while perpetual prices are shown as crosses.
Spot:
Binance
FTX
Bitfinex
Coinbase
Perpetuals:
Binance
FTX
Bybit
BitMEX
This script provides clear volume trends on any time frame. You set a long term volume trend moving average (ex 100 periods). A shorter term MA of your choice (10 in this example) will oscillate above and below based on the standard deviations of its current value relative to the long term #.
Similarly, large volume bars are plotted in terms of st dev above the...
This indicator emphasizes price movements when it moves away from or closer to the chosen moving average, within the envelope of its standard deviation. It serves as a complement to other indicators or can be used within a strategy by itself.
![BTCUSDT: EMA-Deviation-Corrected T3 [Loxx]](https://s3.tradingview.com/v/V2Sr2MNG_mid.png "EMA-Deviation-Corrected T3 [Loxx]")
![KNCPERP: [Sidders]Std. Deviation from Mean/MA (Z-score)](https://s3.tradingview.com/5/5Z5K1eVP_mid.png "[Sidders]Std. Deviation from Mean/MA (Z-score)")
![BTCUSDT: Anchored TWAP with StDev Bands [MrShadow]](https://s3.tradingview.com/b/bcyVfwBS_mid.png "Anchored TWAP with StDev Bands [MrShadow]")
![AAPL: Ergodic Mean Deviation Indicator [CC]](https://s3.tradingview.com/a/a3OLA5yI_mid.png "Ergodic Mean Deviation Indicator [CC]")
![AAPL: Ehlers Deviation Scaled Super Smoother [CC]](https://s3.tradingview.com/q/Qhl4sfk4_mid.png "Ehlers Deviation Scaled Super Smoother [CC]")
