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...
The script we've been working on is an indicator designed to display the high-low range of the last candlestick on a TradingView chart. It does so by plotting two lines: one for the high and another for the low of the last completed candlestick. Additionally, the script includes a label that shows the numerical value of the high-low range. This label is...
In the middle of a bustling cryptocurrency market, with Bitcoin navigating a critical phase and the community hype over potential ETF approvals, current funding rates, and market leverage, the timing is optimal to harness the capabilities of sophisticated trading tools. Meet the Open Interest Oscillator – special indicator tailored for the volatile arena of...
This indicator is called the "Relative Strength Trend Indicator" (RSTI), designed to assess the relative strength of a trend. Here is a detailed explanation of how it works and how traders can interpret it: Indicator Operation: 1. Data Source (src): The indicator considers a data source, typically the closing price (close), but this can be adjusted according...
In summary, this allows you to plot the ROC, its EMA, and dynamically display the value of this EMA on the chart. You can configure different lengths and colors. Unpretentious code, just for the pleasure of sharing. Thank you for sharing your comments with me, which will be welcome.
This script calculates the dispersion of a basket of 5 FX pairs and then calculates the z-score the z-score is then made into a composite using the 30 and 60 ema of the z-score to smooth any noise. It must be used on one of the FX pairs in the basket and on the 1-minute timeframe as it has been hardcoded for 1 min use below. Interpretation - Dispersion is a...
Created by Love Sharma, CMT, CFTe the idea is simple. there needs to be thrust in prices before adx goes above any barrier or level say 25/10 or even 10/ The Di plus or Di minus should be above ADX. This indicates the change in direction or change in underlying price and obviously followed by ADX indicator which is dependent on user which level it...
The CARNAC Elasticity Indicator (EI) is a technical analysis tool designed for traders and investors using TradingView. It calculates the percentage deviation of the current price from an Exponential Moving Average (EMA) and helps traders identify potential overbought and oversold conditions in a financial instrument. Key Features: EMA Length: Users can...
Rolling VWAP Introduction The Rolling VWAP (R͜͡oll-VWAP) indicator modernizes the traditional VWAP by recalculating continuously on a rolling window, making it adept at pinpointing market trends and breakout points. Its dual functionality includes both the dynamic rolling VWAP and a customizable anchored VWAP, enhanced by color-coded visual cues, thereby...
Market Phases Indicator Overview: The Market Phases Indicator is a versatile tool designed for traders to identify key market phases, including accumulation, distribution, markup, and markdown. By analyzing the relationship between price and volume, this indicator aims to assist traders in recognizing potential shifts in market sentiment and trend...
The Universal Volatility Index (UVI) is a robust indicator designed to gauge market volatility across various asset classes. By synthesizing multiple volatility measures, the UVI offers traders a nuanced understanding of market dynamics, aiding in the assessment of risk and the decision-making process. How It Works: The UVI incorporates three key components to...
Explanation: This script is a comprehensive indicator that combines three essential technical analysis tools: Money Flow Index (MFI), Relative Strength Index (RSI), and Bollinger Bands (Bollinger %B). It provides insights into market conditions related to cross points of mfi,rsi and B%B. A buy condition is created when the last candle RSI and MFI are under the...
Title: Advanced Volatility Oscillator with Signals (AVO-S) In-Depth Description: Introduction: The Advanced Volatility Oscillator with Signals (AVO-S) is designed to offer traders a nuanced understanding of market volatility, combining traditional concepts with innovative visual aids and signal interpretation. This indicator is tailored for diverse financial...
Overview This VIX Dashboard is designed to provide traders with a quick visual reference into the current volatility and trend direction of the market as measured by CBOE VIX. It uses statistical measures and indicators including Rate of Change (ROC), Average True Range (ATR), and simple moving averages (SMA) to analyze the VIX. Components ATR Period : The...
I enjoy Donchian Channels for identifying trends. However, I hate having them on my chart. They are next to impossible to interpret at a glance. This script converts DCs to a % making a useful oscillator. The horizontal lines on the chart correspond to the Fib retracements below 50%. There are many ways to trade using this script and it works on any time...
** THIS IS ONLY FOR US STOCK MARKET** The indicator analyzes market sentiment by computing the Rate of Change (ROC) for the VIX and S&P 500, visualizing the data as histograms with conditional coloring. It measures the correlation between the VIX, the specific stock, and the S&P 500, displaying the results on the chart. The reliability measure combines these...
Description: Consolidation is a technical analysis term used to describe a assets's price movement within a given support and resistance range for a period of time. Consolidations happen either during trending market phases or before a new trend. Consolidation is generally interpreted as market indecisiveness and uncertainty as to which way the market will go...
This script defines an indicator named VDVA (Volume Delta Volatility Amplifier), which combines volume delta (the difference between volume up and volume down) and volatility (ATR) into one line. This line is then smoothed using a moving average and compared with the zero level and a shorter-period moving average. The script also plots shapes when the rate of...