Calculates a log-log regression from arrays. Due to line limits, for sets greater than the limit, only every nth value is plotted in order to cover the entire set.
It helps indicate the contraction point so that we can have a low-risk entry of a buy point. It followed the strategy of Mark Minervini. changing the lookback period input to change the percentile changing the Pivot Length to decide how many bars you would consider as a pivot changing the Close range to decide in how much percentage does the close range you would...
Calculates an exponential regression from arrays. Due to line limits, for sets greater than the limit, only every nth value is plotted in order to cover the entire set.
Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position. Conditions used: ...
This indicator provide short term trend information. 1. Green bar color indicates bullish trend and vice-versa for Red bar. 2. Dark green color indicates bar close higher than previous bar. 3. Dark red color indicates bar close lower than previous bar. 4. Bar close above green line indicates strong bullish trend. 5. Bar close below red line indicates strong bearish trend.
Hello traders! This is my first script to share with everyone! As of right now the range candles on Tradingview are lacking the option to see range charts using the classic candlesticks. This script allows you to overlay a regular candlestick or heikin-ashi candlestick on a range chart!! Unfortunately, the only bar that cannot be a candlestick is the current bar....
This indicator displays the weekly Friday closing price according to the CME trading hours (Friday 4pm CT). A horizontal line is displayed until the CME opens again on Sunday 5pm CT. This indicator is based on the thesis, that during the weekend the Bitcoin price tends to mean reverse to the CME closing price of the prior Friday. The level can also act as...
A filter combining the built in supertrend function and two SMA's in order to act as a filter for trade ideas put forward by CHAMELEON which can be placed in a separate panel. This is not accurate enough to use on its own as a signal, but helps filter out more complex ideas. To be most effective it is recommended to set the LENGTH correctly. Includes...
Indicator as described by Greg Mannarino Greg describes an indicator that takes the Dollar Index multiplied by the US 10 Yield divided by the Golden Ratio. Greg further describes overall levels of market risk and and transitional points for 'risk on' assets
It can be used to get the indication for 20% up movement among all continuously green candles formed in past. It is suitable for Indian company stock for short term trading plans.
Level: 1 Background Ingo Bucher proposed "Fibonacci RSI" in March,2003. It describes the advantages of considering Fibonacci retracement levels for use with the classic RSI indicator. Bucher reviews six charts, each displaying Fibonacci retracement levels for the RSI associated with each chart. The pine code given here will allow you to automatically recreate...
Those who trade TSLA often have come to know that a $4ish red candle on the 15min chart is normally a sign of a trend reversal to the downside by the market makers. To help identify these with ease this script will label any candles that close red with a $4.00 -> $4.99 price gap.
What distinguishes this indicator? A Compound Ratio Weighted Moving Average ("CoRA") is a Moving Average that, regardless of its length, has very little lag and that can be relied on to accurately track price movements and fluctuations - compared to other types of Moving Averages. By combining multiple Compound Ratio Weighted Moving Averages you can identify...
This indicator uses a simple time series forecasting method derived from the similarity between recent prices and similar/dissimilar historical prices. We named this method "ECHO". This method originally assumes that future prices can be estimated from a historical series of observations that are most similar to the most recent price variations. This similarity...
In this script the RSI is used the limit number of displayed fractals to only those fractals that are triggered in the RSI Overbought and Oversold areas. This helps keep the chart cleaner looking when combined with other indicators so other icons that are plotted above and below candles are not covered up. For example if the RSI drops below 30 the next fractal...
This indicatos plots Open and Close of the Curernt and Previous Day, Week or Month. It also shows the Highs and Lows of the Hourly, Daily, Weekly and Monthly Timeframes.
This is a modified version of True Strength Index to fit the scalping trading style in futures market