The Giga Kaleidoscope GKD-C Dorsey Inertia is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Dorsey Inertia This script calculates an indicator that measures the relative volatility and directionality of market prices, focusing on both high and low price movements within a specific period. It begins by...
The Giga Kaleidoscope GKD-C Chartmill ValueChartmill Value is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Chartmill ValueChartmill Value The script creates a framework for generating various moving averages, enabling users to apply these calculations to the Chartmill Value indicator, a tool for market...
Relative Strength Scoring System : Important prerequisite : This indicator can be loaded on any forex chart, i.e. a currency pair, but must not be loaded on any other asset due to certain market closures. The chart timeframe must be less than or equal to the trading timeframe, which is the indicator's first parameter. A timeframe equal to that of the...
The "F.B_Consolidation Range Identifier" (F.B_CRI) is an indicator aimed at identifying consolidation areas in the price chart. Here is an explanation of the logic and usage of this indicator: Calculation of Standard Deviation This indicator analyzes the market's volatility by considering the standard deviation of price movements over a defined period. A...
Candlestick Bias Oscillator (CBO) The Candlestick Bias Oscillator (CBO) with Signal Line is a pioneering indicator developed for the TradingView platform, designed to offer traders a nuanced analysis of market sentiment through the unique lens of candlestick patterns. This indicator stands out by merging traditional concepts of price action analysis with...
MACD Triangle Trigger Indicator by thebearfib Overview The MACD Cross Triangle Indicator is a powerful tool for traders who rely on the MACD's signal line crossovers to make informed trading decisions. This indicator enhances the traditional MACD by allowing users to customize triggers for bullish and bearish signals and by displaying these signals directly on...
This indicator allows you to track in real time the change in the spread (the difference in the exchange rate) between two assets. How does the indicator work? In the indicator settings menu, the user selects two trading pairs, for example BTCUSDT on the Binance exchange and BTCUSDT on the Bybit exchange, after which the script will receive prices from both...
Keeping an eye on the macroeconomic environment is an essential part of a successful investing and trading strategy. Piecing together and analysing its complex patterns are important to detect probable changing trends. This may seem complicated, or even better left to experts and gurus, but it’s made a whole lot easier by this indicator, the Economic Growth Index...
Introducing the concept of "Unbounded RSI". Instead of indexing the average gain and average loss, over the time period of interest, we leave the average gain and loss unbounded. Instead we "bound" them by difference of each and smoothen out this difference in an envelope using exponential average. See code. What this does to traditional RSI concept? No...
This is a simple test to find the most and least correlated assets in a list.
**I. Overview** The Emotion Line is an innovative technical indicator designed to capture market sentiment by analyzing price dynamics. This indicator calculates the average of opening, high, low, and closing prices over the past three days and combines the concepts of Dynamic Moving Average (DMA) and Exponential Moving Average (EMA) to generate a value...
Attempt at replicating a simplified Risk-Metric for BTC. Original code written by user Oakley Wood. Based on 3 different approaches: - deviation from 4 year sma - ln(btc / 20 wma) - 50D MA / 50W MA
Introduction: The " L2 Double EMA Convergence and Divergence (DEMACD)" is a custom technical indicator designed for use in TradingView. It's based on the concept of Double Exponential Moving Averages (DEMA) and incorporates elements from the well-known Moving Average Convergence Divergence (MACD). This guide aims to provide an understanding of its definition,...
The "BTC ETF Premium Indicator" (BEPI) is a sophisticated tool designed for investors and traders who seek to analyze the performance of Bitcoin ETFs relative to the actual market price of Bitcoin. This indicator provides a comprehensive visualization of the premium or discount at which each ETF is trading compared to its Net Asset Value (NAV). Functionality: ...
The Monitor X Indicator is a dynamic tool designed for any trading symbol, providing a quick and intuitive snapshot of price action relative to the latest closing level. With a user-friendly interface, this indicator allows traders to effortlessly gauge price movement and key levels. Key Features: 1. Symbol Agnosticism: Universally applicable to any trading...
The "Instant MACD" is a tailored version of the traditional Moving Average Convergence Divergence indicator, specifically designed to begin plotting with minimal data, such as in cases of high timeframe charts or newly listed trading instruments. Unlike the standard MACD that requires a substantial amount of data to provide accurate readings, the Instant MACD can...
Unlock the potential of your trading strategy with the Divergence Analyzer, a sophisticated indicator designed to identify divergence patterns between two financial instruments. Whether you're a seasoned trader or just starting, this tool provides valuable insights into market trends and potential trading opportunities. Key Features: 1. Versatility in Symbol...
Instant RSI is tailored for users seeking an effective RSI indicator for charts with limited historical data, such as new symbols or very high time frame charts. Its distinctiveness lies in employing a Chebyshev filter, an innovative approach that allows the RSI to initiate calculations with just two data points. The Chebyshev filter, traditionally used in signal...