CODE DUELLO: Have you ever stopped to wonder what the underlying filters contained within complex algorithms are actually providing for you? Wouldn't it be nice to actually visually inspect for that? Those would require some kind of wild west styled quick draw duel or some comparison method as a proper 'code duello'. Then it can be determined which filter can...
The Periodic Activity Tracker tool periodically tracks the cumulative buy and sell volume in a user-defined period and draws the corresponding matching bars and volume delta for each period. Users can select a predefined aggregation period from the following options: Hourly, Daily, Weekly, and Monthly. 🔶 USAGE This tool provides a simple and clear way...
The "Trend Angle" indicator serves as a tool for traders to decipher market trends through a methodical lens. It quantifies the inclination of price movements within a specified timeframe, making it easy to understand current trend dynamics. Conceptual Foundation: Angle Measurement: The essence of the "Trend Angle" indicator is its ability to compute...
Kalman Filtered RSI Oscillator The Kalman Filtered RSI Oscillator is BackQuants new free indicator designed for traders seeking an advanced, empirical approach to trend detection and momentum analysis. By integrating the robustness of a Kalman filter with the adaptability of the Relative Strength Index (RSI), this tool offers a sophisticated method to capture...
Overview The Dynamic Momentum Gauge is an indicator designed to provide information and insights into the trend and momentum of a financial asset. While this indicator is not directional , it helps you know when there will be a trend, big move, or when momentum will have a run, and when you should take profits. How It Works This indicator calculates...
Volume Spread Analysis with Trend Direction is an indicator designed to Identify trend based volume spread. Volume Spread Trend This is a very simple yet powerful to identify Trend and corresponding volume Breakout. Unlike other Volume Indicators this indicator detects Breakout along with trend direction. One can detect the Early breakout in volume using...
LSMA Z-Score Main Features and Use in the Trading Strategy - The indicator normalizes the LSMA into a detrended Z-Score, creating an oscillator with standard deviation levels to indicate trend strength. - Adaptive coloring highlights the rate of change and potential reversals, with different colors for positive and negative changes above and below the...
The Dual SMA/EMA Bands indicator provides a clear view of market trends, combining Simple Moving Averages (SMA) and Exponential Moving Averages (EMA) in one customizable tool. Designed for any timeframe, it features Aqua and Purple Bands for 50-period and 200-period averages , respectively, aiding in trend analysis and volatility insights. Features: Adaptive...
Peak and Trough Tracker This indicator identifies the highest and lowest prices reached in two user-defined time periods. It then draws two lines connecting these peak and trough points. The purple line represents the connection between the highest prices, while the aqua line represents the relationship between the lowest prices. Both lines extend into the future...
0). INTRODUCTION: "MTF TREND-PANEL-(AS)" is a technical tool for traders who often perform multi-timeframe analysis. This simple tool is meant for traders who wish to monitor and keep track of trend directions simultaneously on various timeframes, ranging from 1MIN to 3MONTHS (or other - 'DIFF') script enhances decision-making efficiency and provides a clearer...
The script is an overlay aimed at making price action within a range more comprehensible, i.e. what is the “story” that the band range is telling in relation to the price. You’ll see bars become brighter as they come near the upper or lower band, and dimmer around the average/middle of the two bands. This makes it easier to spot when the price is within an...
This script analyzes trends in financial markets using standard deviation. The script works by first calculating the standard deviation of a security's price over a specified period of time. The script then uses this standard deviation to identify potential trend reversals. For example, if the standard deviation of a security's price is high, this could...
Describes if markets are liquid enough for institutions to manipulate. Its often difficult to determine if markets will trend or chop, but by looking at how much volume we have at the open, we can determine of the session will be choppy or trendy, and take trades based on that. Settings predefined for 1m timeframe on SPY. May work with other tickers, but I have...
Momentum Oscillators PRO is a premier, multifaceted indicator engineered for the TradingView environment, crafted to furnish investors and traders with a pivotal edge in the competitive financial markets. This indicator adeptly amalgamates the analytical prowess of the Stochastic Momentum Index (SMI), its Exponential Moving Average (EMA), the Wave Trend Oscillator...
VF v2 is a new iteration of my tool designed for traders who wish to gain a deeper understanding of market dynamics, specifically to distinguish periods of high volatility, which often correspond to strong market trends. By identifying these periods, traders can make more informed decisions, potentially leading to better trading outcomes. Understanding Market...
This "Swing Trading Indicators" script is a sophisticated trading tool designed for traders who wants to use technical analysis for identifying optimal entry points, safeguarding profits, and protect their capital. With foundations loosely based on the momentum burst strategy by Pradeep Bonde, Kristjan Kullamaggie's trading methodologies, and incorporating...
Overview The "Trend Reversal Composite Index" (TRCI) is a comprehensive technical analysis tool that combines several indicators to identify potential trend reversals and assess the overall market pulse. The script integrates a variety of technical indicators, including RSI, Stochastic, MACD, Bollinger Bands, Williams %R, OBV, ADX, ATR, and the Relative...
Neural Network Synthesis - Trend and Valuation Introduction The Neural Network Synthesis (𝓝𝓝𝒮𝔂𝓷𝓽𝓱) indicator is an innovative technical analysis tool which leverages neural network concepts to synthesize market trend and valuation insights. This indicator uses a bespoke neural network model to process various technical indicator inputs, providing an improved...