Dynamic divergence indicator on 3 indicators, without delays or repaints Technological choices have been made so as not to lie to you about the signals, and so that the backtesting is perfectly faithful to reality. The market is analyzed and looks for a dynamic status of divergence on the Fisher transformation, the Money Flow Index and the MACD: if the status is...
I bring to your attention a dynamic indicator Adaptive Envelope . The main qualitative characteristic of the technical indicator is adaptability. This means that it does not need to be adjusted for each tool. The adaptive envelope itself dynamically adjusts to the volatility of each individual instrument, or even timeframe. And thanks to a wide range of...
The script provides a way to compute ratio between two indexes (or stocks) of your choice, and paints a "up-arrow" below the first candle where and when the value of the ratio exceeds your threshold of choice. It also creates a table summarizing the value of your securities, and the value of the ratio below. The script will also alert you with a message...
Similar scripts exist but I haven't seen one using WaveTrend and I haven't seen one that hand picks evenly divided colors between GREEN-YELLOW-RED. The green is exact green, the yellow is exact yellow, and the red is exact red. Not complicated, just useful.
I have evenly divided every color between green and red. This gradient is useful for pine coders who are creating color changing, dynamic, or gradient indicators.
This triple Bollinger script is very useful for options traders to determine the trend condition. When the trend stays within 1 sigma limits it is termed as "congestion", breakout of congestion starts the "trending" phase and the big breakout termed "Blowout" happens when the underlying crosses the 2sigma and reaches 3 sigma limits in very short time at steep...
This indicator uses what I call Dynamic Moving Averages to identify trends. The reason these moving averages are dynamic is that they track different sources based on the trend. Allow me to explain... Low = identifies the least sellers were willing to sell for in a given period. High = Identifies the most buyers were willing to buy for in a given period. Avg Low...
as titles mean of multi period RSI . with dynamic range ( courtsy of allanstar script ) the set periods are 7, 14 ,21 , can be altered from the settings . and you can show or hide all of the plots . kindly share your inputs
The goal of this is to link two parameters of different known low and high values so one affects the other. In this case, I want to link Relative Volume to the length of an EMA, so it responds faster in times of high volume. As an animator I am used to linking values in this way with Maya using a set driven key, took some work to figure it out in pine. Looking up...
█ OVERVIEW The panel display trend momentum of selected coins/symbol (up to 6) based on the Arnaud Legoux Moving Average (ALMA). I'm using ALMA to measure the trend because it resolves 2 main issue of the more common moving averages, smoothing and responsiveness. By removing the minor fluctuations in price without sacrificing the responsiveness, the trend become...
This script uses dynamic length to create a different sma type. The length of the "Dynamic SMA" - "dSMA" can be: 'RSI', 'Stoch', 'ATR', 'MFI' or '%R' For example 'RSI' -> the length of the sSMA will be the RSI itself The biggest challenge was: 'Pine cannot determine the referencing length of a series. Try using max_bars_back' error The writer of ...
In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function that adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and...
I know, it was a hassle, calculating each SL and TP values on your MT4 or MT5, after you decide to enter a trade on FTMO (or any other broker really). Especially if your broker values are way off from your TradingView chart. Here's a dynamic dashboard that shows you your entry, stop loss and your take profit values for your trading platform. Just enter...
A dynamic envelope is designed to build an actual envelope that consider the volatility of a trading instrument. A dynamic envelope is an ideal counter-trend indicator, it takes into account the nature of the movement of the instrument. At the same time, it does not require adjustment of parameters over time, it adjusts itself to volatility. The indicator can be...
HULLK AUTOBOT • Long entry positions • Profit targets • Stop loss targets Description The Fast Signal Line is an extremely fast and smooth moving average indicator, designed to eliminate the lag typically associated with traditional moving average indicators. When the price is trending upward the Fast Signal Line is colored light grey then turns...
Dragonfly Study version plus statistics panel Successful traders trade with a fixed plan and without emotion, but this a lot harder than many new traders think. Many never master this skill and suffer continual drawdowns on their accounts as they overtrade high leverage positions in volatile markets. ĐΜŦ Autobot resolves this issue by taking the human element...
Visualize the floating R:R of an active position. Input the stop loss and target to return live R:R
Plots ATR bands around candles at any HTF resolution you desire, taken in through the inputs. The white line represents the open of the HTF, the red and green the expected boundaries. You can use the risk tolerance slider up/down to adjust how risky you want to be with the ATR bands. I am not responsible for outcomes using this method, indicator or anything else....