Plots upto 6 moving averages on your charts with and option to choose between EMA, SMA and RMA You can choose to display the moving averages as either lines or a background and a custom gradient-like color for each MA + different colors for bull and bear momentum.
Measures distance from a said source (high, close, open, ohlc4...) to last all time high, divided by the relative strength index . You are able to compare it to RSI or an RSI moving average (several types included). Default values are intended to be used on weekly timeframe , but serves as well on daily without changing much of the settings. Feel free to...
Oftentimes, intraday trendlines that are started at specific times, e.g. 8:00am or market open 9:30am, are well respected throughout the trading day. This indicator draws up tp 3 intraday trendlines that are anchored at user defined times, respectively at the corresponding candle's high and low points. From there, the line*s xy2 are connected in a way that all...
This indicator attempts to create a zero lag Detrended price oscillator using 2 different scripts. I actually really like the results so far. I hope you all find it useful too. Green>Red = long Red>Green = short The lines on the example chart are some of the signals that the indicator gave on default settings. The greens are wins, reds are outright losses,...
Jurik-Filtered, Gann HiLo Activator is a Gann HiLo activator that has been smoothed using Jurik Filtering to reduce noise and better identify trending markets. What is Gann HiLo The HiLo Activator study is a trend-following indicator introduced by Robert Krausz as part of the Gann Swing trading strategy. In addition to indicating the current trend direction,...
This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint and price shoots up or down and it left with unfilled orders. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
The following indicator and chart pattern is based on a twist from Welles Wilder's parabolic stop and reverse . This is a trend following system which is essentially a dynamic trailing stop loss for longs and shorts. The system is often criticized for it's poor performance in choppy rangebound markets so people often combine it with other signals that attempt to...
ReDraw script calculates the historical returns and drawdown for the given periods. By default, the return of the linear regression trends is displayed (can be turned off in settings). In this mode, two linear regression trends are being computed for both long and short periods, and the percent value indicates the "return of the trend" for the corresponding...
The Double Smoothed Stochastic indicator was created by William Blau. The DSS ranges from 0 to 100, like the standard Stochastic Oscillator. The same rules of interpretation apply to Stochastics can be applied to DSS, although the DSS offers a much smoother curve than the raw Stochastic. How it works: It applies Exponential Moving Averages (EMAs) of two...
Intra-variety Timeframe Floating Fibonacci Levels is an intraday, intraweek, and intramonth indicator to be used for scalping on lower timeframes. The indicator paints the developing fibonacci retracement levels as they change overtime over the selected intra-variety timeframe chosen. This indicator acts as another way to gauge support and resistance levels. ...
Waddah Attar Weekly Camarilla Pivots is an indicator built by Ahmad Waddah Attar that draws weekly Camarilla over lower timeframes. What are Camarilla pivots? Camarilla Pivot Points is a math-based price action analysis tool that generates potential intraday support and resistance levels. Similar to classic pivot points, it uses the previous day's high...
This indicator measures the Tolerance in the price, it works on all timeframes, The main goal actually was to indicate the undefined trend zones like when the price is squeezed, the indicator value will be very close to zero (at this zone you should not place any orders) But also the moving averages may give a good signals on the indicator, crossing up moving...
What if I told you that you could use over 10 indicators at once without having a single one of them on you chart? Enter the Checklist Signals. This is probably the most complex yet simple indicator I've ever done. What you get is 6 rows (if you want them all) of labels that hover at the top of your screen with a ton of extremely useful information. I will go...
Waddah Attar Hidden Levels is a dynamic indicator of support of resistance built by Ahmad Waddah Attar Details -Uses data from the Daily time frame only -Used for intraday trading, restricted to timeframes 1 hour and below -Best Time Frames 15, 30, 60 minutes -Draws support and resistance lines on chart inside a boundary of fibonacci levels How to use...
This is a better way to plot open price support & resistance on your chart. Using the newest v5 pine scripts. The background color shows the current trend, but if you find it annoying you can turn it off in the settings.
This is a real time tools assisting traders in monitoring the Fibonacci Retracement Levels while the range is extending in real time run. I have simply marked the three most important Fibonacci retracement level, namely 38.2%, 50%, 61.8% which are colored and marked as blue Fibo_up, red Fibo_mid and blue Fibo_low. Should you have any idea in trading with other...
RAVI FX Fisher is a special implementation of RAVI using WMA moving averages and ATR and then normalized like Fisher Transform. If the histogram falls between the white lines, the market is too choppy to trade. This indicator is tuned for Forex. What is RAVI? The Range Action Verification Index (RAVI) indicator shows the percentage difference between current...
The simplest version of the indicator automatically draws trendLine on your charts, with build-in functions only. You can change the looking back length settings to get more proper lines you want. There is also a switch to turn off the historical trendlines. You can use this to build more advanced indicators or strategies.