📊🚀 Introducing the "Median Proximity Percentile" by AlgoAlpha, a dynamic and sophisticated trading indicator designed to enhance your market analysis! This tool efficiently tracks median price proximity over a specified lookback period and finds it's percentile between 2 dynamic standard deviation bands, offering valuable insights for traders looking to make...
Description: The Momentum Bias Index by AlgoAlpha is designed to provide traders with a powerful tool for assessing market momentum bias. The indicator calculates the positive and negative bias of momentum to gauge which one is greater to determine the trend. Key Features: Comprehensive Momentum Analysis: The script aims to detect momentum-trend bias, typically...
Description: 🚨The BTC Supply in Profits and Losses (BTCSPL) indicator, developed by AlgoAlpha, offers traders insights into the distribution of INDEX:BTCUSD addresses between profits and losses based on INDEX:BTCUSD on-chain data. Features: 🔶Alpha Decay Adjustment: The indicator provides the option to adjust the data against Alpha Decay, this compensates...
Introducing the Volume Exhaustion by AlgoAlpha, is an innovative tool that aims to identify potential exhaustion or peaks in trading volume , which can be a key indicator for reversals or continuations in market trends 🔶. Key Features: Signal Plotting : A special feature is the plotting of 'Release' signals, marked by orange diamonds, indicating points...
Introduction: 💡The Squeeze & Release by AlgoAlpha is an innovative tool designed to capture price volatility dynamics using a combination of EMA-based calculations and ATR principles. This script aims to provide traders with clear visual cues to spot potential market squeezes and release scenarios. Hence it is important to note that this indicator shows...
What it does: Finds the ratio of BTC price to the Hash Rate with an additional MA applied to find changes in volatility with relative context. Best used as a two lines cross indicator. When the ratio of price to hashrate increases, it may be a sign miners cannot or will not sell as much. When the ratio decreases, it may indicate miners have more capability...
Description: The Alpha Schaff indicator is a proprietary technical analysis tool that incorporates a modified version of the Schaff Trend Cycle (STC) to generate trading signals. The indicator is designed to identify potential overbought and oversold conditions in the market. It utilizes a combination of exponential moving averages (EMAs) and price volatility to...
Description: The "Trend Flow Profile" indicator is a powerful tool designed to analyze and interpret the underlying trends and reversals in a financial market. It combines the concepts of Order Flow and Rate of Change (ROC) to provide valuable insights into market dynamics, momentum, and potential trade opportunities. By integrating these two components, the...
The Peak & Valley Levels indicator is a sophisticated script designed to pinpoint key support and resistance levels in the market. By utilizing candle length and direction, it accurately identifies potential reversal points, offering traders valuable insights for their strategies. Core Components: Peak and Valley Detection: The script recognizes peaks and...
Description The Fourier Smoothed Volume Zone Oscillator (FSVZO) is an implementation of the Discrete Fourier Transform in a Volume Zone Oscillator. Its purpose is to smooth price data and reduce noise to provide a more clear and accurate indication of price movement. This indicator also includes additional EMA smoothing to accurately depict reversals. Discrete...
The Advanced Market Opening Gap Detector (AMOGD) is a Pine Script indicator designed to help you identify market gaps at the opening of a new trading day. Gaps are areas on a chart where the price of a security moves sharply up or down with little or no trading in between. They are significant as they may indicate a change in market sentiment. This indicator...
This is a pivots consolidation screener indicator, with ability to choose up to 12 different symbols/instruments with alert to be notified when consolidation happens on either one with the new pivots formation (new R3(inner resistance) pivot formed below previous one and new S3(inner support) pivot formed above previous one). Once the alert on a certain...
⚠️❗ Important Limitations: Due to the way this script is designed, it operates specifically under certain conditions: Stocks & Forex : Only compatible with timeframes of 8 hours and above ⏰ Crypto : Only works with timeframes starting from 4 hours and higher ⏰ ❗Please note that the script will not work on lower timeframes.❗ Feature Extraction : It begins by...
We present a customizable MACD indicator, with the following features: Multi-timeframe Deviation bands to spot unusual volatility 9 Moving Average types Conditional coloring and line crossings 👉 What is MACD? MACD is a classic, trend-following indicator that uses moving averages to identify changes in momentum. It can be used to identify trend changes,...
Taylor Series Approximations for Trigonometry: 1. The indicator starts by calculating sine and cosine values of the close price using Taylor Series approximations. These approximations use polynomial terms to estimate the values of these trigonometric functions. Mathematical Component Formation: 2. The calculated sine and cosine values are then multiplied...
This script combines the concepts of Price Action, Trend and Momentum to identify Price Zones (Red and Green filled areas) and Price Bars (Red, Green and Gray) where traders can get trapped in the Market. It will clearly mark the bars which favor the prevailing Trend and those bars which just don't have the momentum anymore. TrapZone moves with the market...
The indicator estimates and displays the total traded volume and it's delta** at each price level during the user-defined period. It can be used to identify key support and resistance levels, determine logical take profit and stop loss levels, identify balanced and unbalanced markets and determine trend strength. The indicator offers different approaches to...
The Trend Rainbow indicator is a simple technical analysis tool that uses moving averages to identify trends and potential buy and sell signals. It utilizes simple visualization techniques to present trend information in an intuitive, easily interpretable manner. This 21st-century tool is tailored for the modern trader who values both precision and...