contraction

IkkeOmar P

The indicator consists of several features: Candlestick chart: The indicator plots a candlestick chart based on the input parameters of the user. The candlesticks are colored blue or orange depending on whether the closing price is above or below the upper and lower bands. Support and Resistance levels: The indicator also plots support and resistance levels...

IkkeOmar P

The indicator calculates two volume-weighted moving averages (VWMA) using different lengths, and filters them based on a moving average of volume. The filtered VWMA values are then plotted on the chart as lines, representing the fast and slow moving averages. In addition, upper and lower bands are calculated based on the slow VWMA and plotted as lines on the...

IkkeOmar P

The indicator incorporates a volume filter to ensure that the RSI only moves when the volume is above the moving average of the volume. The filtered RSI is then used to calculate the Bollinger Bands and moving averages, providing insights into the market dynamics. It also gives you insight into the bigger timeframes so you can monitor momentum! Volume Filter...

IkkeOmar P

The Adaptive Momentum Channel with Volume Filter (Adaptive MCVF) is an indicator that utilizes an adaptive RSI to adjust its sensitivity based on the market conditions. The RSI component of the indicator calculates the standard deviation and mean deviation of RSI values and uses these to calculate the adaptive RSI. The volume filter component of the indicator...

Traders_Endeavors P Telah dikemaskini 

Master Pattern Screener This is an indicator based on the concept known as the Forex Master Pattern, which contains three phases. The contraction, expansion, and trend phases This indicator, based on your current timeframe, finds out if there is a contraction on 10 symbols that you can customize to suit your needs. How does it work? The indicator is a table,...

Traders_Endeavors P

VWMA Volatility Oscillator This oscillator uses Volume Weighted Moving Averages to plot the volume. When the average is on the bottom then there is a chance that volatility contractions could be happening and a expansion could happen soon. When the average can be seen "high" like peaking then this could mean that there already is a lot of volume and the...

nnamdert P

What this Indicator Does This indicator helps the trader locate expansion and contraction areas in an easy visual way. When the asset moves from a contraction phase into an expansion phase, the bars change color (customizable). This allows the trader to recognize areas of contraction and avoid trading them. Once a Bar Range moves outside of the average range as...

Traders_Endeavors P Telah dikemaskini 

Contraction and Expansion Plotter Volatility , Contraction, and Expansion Plotter This indicator is based on the contraction, expansion, and trend phases concept. I wrote this indicator and optimized it to be user-friendly and show the best value levels in various different timeframes. The script itself uses Average True Range , WMAs, RSI , and volatility to...

nnamdert P Telah dikemaskini 

This script is for use with the FOREX Master Pattern to assist the user with drawing in True Value areas. The script uses a combination of LOWER HIGHS and HIGHER LOWS to pinpoint areas of potential contraction and marks them with an X. Using these X symbols as visual guidance, the user can easily locate areas of contraction or "tightening" of the price as it...

viewer405 P

Expansion Contraction compares 2 price points (the high and the low), up or down through the 2 moving average channel (MAC) settings. Since Expansion Contraction measures every period (chart setting), it technically has “zero lag”. A second indicator compares 2 price points (the high and the low), up or down through 2 longer look-back moving average channel...

efe_akm Telah dikemaskini 

A contraction candle is a candle whose body engulfs both left and right candlesticks' bodies. This indicator shows those contraction candlestick patterns which consists of successive candles. Then draws a horizontal level line to its defined % of its body size and also draws +/- filter lines which are shown as dashed lines, also with an option to define those...

bjr117 P

The Fractal Dimension Index is a technical indicator that gauges the amount of volatility currently present in the market. The theory behind this indicator is that a value of 1.5 suggests the market is acting in a completely random fashion. As the market deviates from 1.5, the opportunity for earning profits is increased in proportion to the amount of...

anhrisn P Telah dikemaskini 

This is implementation of Peti Kemas. Slighly modified for the selection of EMA period, but user can change the period. The strategy is if the current candle close is below EMA90 and EMA200, the buy signal is generated when the close crosses up EMA13. When the close above EMA90 and ENA200, then the buy signal is generated when the close crosses up EMA8

ymehta50

Volatility Contraction is a strong trading setup for Positional Traders. It works on following time frame: Daily, Weekly and Monthly.

bharatTrader P Telah dikemaskini 

A simple indicator, to plot the quantitatively the reversion and expansion of price from a set of means. A green bar plots prices above the set of means. A bar plots prices below the set of means. A blue bar plots price entangled in the means. The height of the bars denotes the far-ness from the set of means. A blue envelope over the bars is the average of...

imbes Telah dikemaskini 

This is two separate Bollinger bands in one study. Customizable middle BB line type ( SMA , EMA , VWMA ), legnth, colors, and deviations provided at .5 increments. Someone else has a very similar Bollinger Band study but the code was hidden, so I figured I would remake as a learning challenge since I'm new to pinescript and this is the best way to learn it...

BeeAstronaut P

This indicator is put in place to help you identify the 3 market phases. Consolidation can be indicated by either dots or color coded candlesticks . You can use both. Consolidation zones are represented by the dotted lines. A green arrow indicates a buy signal. A red arrow indicates a sell signal. Theme allows you to change the color of the background to...

HyperDive

A simple indicator that shows volume expansion and contraction of a trend through colorization of the candles. It indicates the underlying volume support of a trend. This indicator might come in handy for any Elliott Wave analyst trying to incorporate volume into his analysis.