This indicator is an enhanced version of the traditional VWAP, providing traders with multiple timeframe views, automatic session anchoring, and customization options for optimized technical analysis. Key Features: 1. Multiple Timeframes, One View : Visualize Daily, Weekly, Monthly, and Yearly VWAP calculations simultaneously on a single chart. 2. Automatic...
Library "DynamicFunctions" Custom Dynamic functions that allow an adaptive calculation beginning from the first bar RoC(src, period) Dynamic RoC Parameters: src (float) : and period Custom function to calculate the actual period considering non-na source values period (int) dynamicMedian(src, length) Dynamic Median Parameters: src...
This indicator calculates and visualizes the Relative Smoothness (RS) and Relative Lag (RL) or call it accuracy of a selected moving average (MA) in comparison to the SMA of length 2 (the lowest possible length for a moving average and also the one closest to the price). Median RS (Relative Smoothness): Interpretation: The median RS represents the median value...
This is 5 moving averages indicator. You can set it up to use different methods of smoothing, disable some, change color and change time frame you'd like them to be generated for.
The Outback indicator After a major overhaul of our Outback strategy, we decided that we would make our original version available for anyone to use. The fundamental element of this indicator is based on price action relative to a slow moving average. That said, given that price will always tend towards a moving average, we have also implemented a method for...
The Volume Candle Distribution (VCD) indicator examines the volume distribution across candle type, distinguishes between neutral, bullish and bearish volume pressures. The VCD indicator calculates and displays the cumulative volume of bullish and bearish candles over a user-defined period, aggregates the volumes of bullish and bearish candles separately and...
composition - Consists of a thick trend line and a thin yellow line. - The largest (green/red) lines indicate rising and falling markets. - This line represents the 13-candle moving average of Tilson T3. - The reason for 13 candles is because it best matches the recent market price based on Bitcoin. - This value cannot be changed, so if you need it, please...
The "MA+ Projection" indicator is designed to visualize the potential future direction of a moving average, taking into account the impact of historical data loss. It is primarily aimed at providing a practical perspective on how moving averages could evolve as older data points are no longer considered. Key Features: Supported Moving Averages: SMA, EMA,...
A moving average strategy generates an entry (buy) signal when the price goes above the moving average, and an exit (sell) signal when the price goes below the moving average. But it gives lots of whipsaws and noise depends on the moving average we use. A fast moving average gives more whipsaws and a slow moving average gives less whipsaws. To reduce the...
The "Alpha Momentum Trend" indicator was conceived by Tiago Friedrich and programmed by Conrado Villaça. The indicator description applies to the daily chart. When used on other timeframes, the indicator also changes its signals based on the timeframe used. It has five fields, from top to bottom: 1. "ATR Multiple MA" greater than multiple: shows how many...
The "Z-Score" indicator is a unique and powerful tool designed to help traders identify overbought and oversold conditions in the market. Below is an explanation of its features, usefulness, and what makes it special: Features: Z-Score Calculation: The indicator calculates the Z-Score, a statistical measure that represents how far the current price is from...
The Smart MA indicator is a tool designed for traders seeking insights into market trends, with its foundation rooted in moving averages. It offers two distinctive color options, with "Crossing" as the default choice and "Direction" as an alternative. Let's delve deeper into these options: 1. "Crossing" Color Option (Default): Key Features: Utilizes the...
Hi all! This is a script that lets you have 3 moving averages (of a user defined type) and maybe have an alternative cloud (fill) between them. The cloud can be customized and turned on/off in the "style" tab for the indicator. Alerts can be configured to fire on up/down/all crosses and are activated when the whole candle has crossed the morning average. A...
MA matrix for identification of bullish/bearish macro phases and strategy implementation through the definition of effective MA lengths. Moving Averages, when conventionally employed in either single-line or dual-line configurations, come with inherent limitations that hinder their effectiveness in capturing the complexities of varying market conditions. In...
Library "two_ma_logic" The core logic for the two moving average strategy that is used as an example for the internal logic of the "Template Trailing Strategy" and the "Two MA Signal Indicator" ma(source, maType, length) ma - Calculate the moving average of the given source for the given length and type of the average Parameters: source (float) : -...
This is a Pine Script script that helps you see the Engulfing Candlestick and Inside Bar (Boring Candle) candle patterns on the TradingView chart, as well as drawing two Exponential Moving Averages (EMA). Here's a simple explanation: 1. **Candle Pattern**: - This script identifies the Engulfing Candlestick pattern, which indicates potential changes to the...
"VARGAS" is an indicator that can be used in all timeframes on charts in the stock, crypto, and commodity markets. It allows trades to be opened according to the intersections of moving averages in different time periods. It is an indicator using weighted moving averages. Using a weighted moving average has the following benefits for traders: 1) Precision and...
Our Adaptive Trend Indicator is an advanced trading indicator using price and time series analysis to adapt to market trends. It calculates a weighted average of the median price and twice-smoothed average price, then applies a linear regression over twice the user-defined period, generating a trend line. This trend line represents the prevailing market direction...