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
EquiVolume is a charting method that aims to incorporate volume information to a candlestick chart. Volume is highlighted through the candle body width, with wider candles suggesting more significant volume. Our script shows an EquiVolume chart for the visible chart range. Additionally regular volume can be plotted as a column plot with the column's width...
█ Overview The Price Action Color Forecast Indicator , is an innovative trading tool that uses the power of historical price action and candlestick patterns to predict potential future market movements. By analyzing the colors of the candlesticks and identifying specific price action events, this indicator provides traders with valuable insights into future...
Average true range (ATR) is a market volatility indicator used to show the average range prices swing over a specified period. The ATR Candles indicator has two primary functions. First, it measures a short-term ATR against a longer-term ATR to show if volatility is contracting or expanding. Secondly, this indicator goes a step further by highlighting individual...
Most technical traders in the foreign exchange market, whether they are novices or seasoned pros, have come across the concept of multiple time frame analysis in their market educations. Multiple time-frame analysis involves monitoring the same currency pair across different frequencies (or time compressions). While there is no real limit as to how many...
Description: This indicator employs Price, Volume, Support, Resistance Analysis (PVSRA), a trading strategy that analyzes price movements, volume, support, and resistance levels to identify potential trading opportunities. It detects large, volatile moves with significant activity in specific zones on the chart, which the market tends to revisit due to the high...
Giga Kaleidoscope GKD-BT Solo Confirmation Super Complex Backtest is a Backtesting module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ GKD-BT Solo Confirmation Super Complex Backtest The Solo Confirmation Super Complex Backtest module allows users to perform backtesting on Full GKD Long and Short signals using GKD-C confirmation...
A very simple indicator to display the spread between ES and SPX. The table by default displays in the upper right corner of the chart. If you are on the chart for SPX, it will show the current price of ES, as well as the difference in points between the two. Similarly, if on the chart for ES, it will show the price for SPX as well as the difference in points...
This is a market internal TICK heatmap with the intent of displaying areas of price associated to stronger reactions with NYSE TICK (by default). This code is based off of a variation of a Volume Profile coded originally by colejustice who originally used code from LuxAlgo . The full-width volume bars that colejustice setup were replaced with full-width bars...
The indicator shows the true color of a bar based on the internal composition on 1 minute timeframe and the final outcome. It uses following parameters of 1minute and current timeframe inputs relative bar close, average volume vs current volume and finally the volume of internal candles. It follows following steps: First, it defines the arrays of high, low,...
FOR STOCKS ONLY. Simply 3 different VWAPs for the pre-market, regular trading session, and the after hours, using session.is_ variables (not sure if they were recently added. Regardless, it would be nice to have a session.isfirstbar_postmarket variable to avoid having to write the code for calculating VWAP instead of simply using a ta.vwap function). Treats all...
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,...
Giga Kaleidoscope GKD-BT Solo Confirmation Complex Backtest is a Backtesting module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ GKD-BT Solo Confirmation Complex Backtest The Solo Confirmation Complex Backtest module enables users to perform backtesting on Standard Long and Short signals from GKD-C confirmation indicators, filtered by...
This script shows On-Balance Volume adjusted for volume weighted candle body size. This means that the wick lengths, body length, and sell/buy pressure are calculated into percentages of volume that contributed to each. The body volume is the accumulatively tracked across candles to give a more accurate On-Balance Volume that has been traded to achieve the...
OBV is a technical indicator used to observe changes in volume. Traditional OBV calculate all historical volume, it makes the OBV being usually higher than 0. What I think of this is that calculating volume for a period of time is more useful than all historical volume. So I made some adjustments to the OBV Period, only calculating the volume from the past 120...
The "Trend Setter" script is a technical indicator that combines several other indicators to identify trends and potential entry points in the market. It is designed to work with various financial markets, including stocks, forex, and futures, and can be used on any timeframe. The script uses the TTM Squeeze indicator, Bollinger Bands, Keltner Channels, CCI, and...
Giga Kaleidoscope GKD-BT Solo Confirmation Simple Backtest is a Backtesting module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ GKD-BT Solo Confirmation Simple Backtest The Solo Confirmation Simple Backtest module enables users to perform Standard Long and Short signals on GKD-C confirmation indicators. This module represents the...
This is a script written exclusively for people who are trying to learn Pine Script. PSESS stands for "Pine Script Educational Script Series" which is a series of scripts that helps Pine Script programmers in 2 ways: 1. Learn Pine Script at more depth by an interactive environment where they can immediately see the effects of any change in the pre-written...