It is a simple and effective tool for trading on moving averages. The main advantage is that an ATR-based risk management system is included here. The system is based on the work of FullTimeTradingRu and the FBMA indicator How to use the system: 1. I recommend using a daily timeframe. 2. Look for a rebound from the moving average, the most effective 20 Ema....
Description: Introducing the Multi-Indicator Confluence Signals (MICS), a comprehensive trading tool designed to simplify the process of analyzing multiple technical indicators and uncluttering your screen! You are able to select various pre-existing indicators, including Stochastic, RSI, MACD, EMA, DMI, Bollinger Bands, and a our own custom signal we created...
Rainbow Drift Beta is an indicator that detects the triggers of long and short positions at any TF. It's based on two different type of approaches to the EMAs periods: - Classic EMAs periods: 10 and 50 - Cycle EMAs perdios: 16, 64 and 256 The 256 period EMA (Annual Cycle) detects the trend: if the EMA 64 (Three-Weekly Cycle) is above, it shows an uptrend;...
Ahoy! This script calculates Open Interested Weighted Average Price for the following lookback periods: - 7, 30, 60 e.g. On the 1D chart, you will see OIWAP for the past 7, 30, and 60 days. It works on any timeframe though. It works with any ticker that TV's OI indicator supports, and has ticker override if you are looking at an exchange that's unsupported,...
This indicator called " Binary Option 1 Minute" is designed to trade binary options on 1-minute time frames. It is based on two moving averages and a crossover signal. The moving averages used are calculated from the average prices of the last time periods. The first moving average is calculated with a shorter period, while the second is calculated with a longer...
TL;DR: An average based trend incl. micro trend spotting and multiple display options. This script is basically an update of my "Average Trend with Deviation Bands" script. I made the following changes: Not an overlay anymore - The amount of drawn lines makes the chart pretty messy. That's why I moved it to a pane. If you preferred the overlay you can use...
The indicator calculates two volume-weighted moving averages (VWMA) using different lengths, and filters them based on a moving average of volume. The filtered VWMA values are then plotted on the chart as lines, representing the fast and slow moving averages. In addition, upper and lower bands are calculated based on the slow VWMA and plotted as lines on the...
This indicator provides dynamic range information to help traders identify when a value moves out of a certain zone. This can be useful in making trading decisions. When the value falls outside of the specified range, it may indicate a good time to enter or exit a trade
Short Description: Visualize multiple SMAs and track percentage differences between them. Long Description: This indicator helps traders visualize multiple Simple Moving Averages (SMAs) on various timeframes and track the percentage differences between them. By showing the percentage differences, traders can quickly understand the relative distance between SMAs,...
MAZI Description : The MAZI (Moving Average Zone Indicator) is a slow updating moving average calculation of key high and low points in the market, which is a unique approach to sampling moving averages. The indicator tracks only the key candles that provide good information about price movement, which distinguishes it from other moving average indicators that...
Exploit Market Cycles with the Dominant Period-Based Moving Average Indicator Introduction: In the world of trading, market cycles play a crucial role in determining the rhythm of the market. These cycles often consist of recurring patterns that traders can exploit to maximize their profits. One effective way to capitalize on these cycles is by using a moving...
In this post, I will dive into my Moving Average Extrapolator, a tool that I created to help traders predict future price movements based on past data. I will discuss the underlying logic, its limitations, and the importance of accounting for delays in the moving average. The following code, my Moving Average Extrapolator, will serve as the basis for our...
This is a + version of my original Market Breadth Ratio Indicator DESCRIPTION The Market Breadth Ratio+ indicator is a tool that can help traders gain a more comprehensive understanding of market breadth by providing a ratio between Up volume (UVOL) and Down volume (DVOL). While the VOLD indicator provides a straightforward measure of the difference...
The Double Bollinger Bands strategy is a trend-following strategy that aims to identify high-probability trading opportunities in trending markets. The strategy involves using two sets of Bollinger Bands with different standard deviation values to identify potential entry and exit points. Bollinger Bands are a technical analysis tool that consists of three lines...
The "Mean Reversion" indicator in this script is a popular trading strategy that is based on the concept that over time, prices tend to move back towards their mean or average. This trading strategy seeks to identify instances where the price has deviated significantly from its mean and therefore presents an opportunity to profit from its eventual reversion to the...
TL;DR - An Oscillator based on T3 moving average The T3 moving average is a well known moving average created by Tim TIllson. Oscillator values are created by using the simple formula "source (close by default) - T3 moving average". Tim Tillson used a "volume factor" of 0.7 in his original T3 calculation. I changed this value to 0.618 and added the option to...
A trend following indicator that allows traders/investors to enter trades for the long term, as it is mainly tested on the daily chart. The indicator fires off buy and sell signals. The sell signals can be turned off as trader can decide to use this indicator for long term buy signals. The buy signals are indicated by the green diamonds, and the red diamonds show...
”RottenZero JMET Buy & Sell Signal" is a custom indicator designed to help traders identify potential buy and sell signals in the market by unifying multiple indicators into a single tool. (J(JMA)+M(MACD)+E(EMA)+T(Trend)) This was inspired by YouTube videos that showcased trading strategies using separate indicators. The indicator combines the Jurik Moving...