This custom indicator combines the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) into a single trading tool. It calculates the MACD and RSI values, then averages these two indicators to create a composite line. This average line is intended to capture the momentum and relative strength of the market simultaneously, potentially...
## Description of the "Multi-Timeframe SMA Crossover Indicator" script ### Introduction: The "Multi-Timeframe SMA Crossover Indicator" script is a technical indicator created in Pine Script for the TradingView platform. It is a technical indicator that helps traders identify signals of simple moving average (SMA) crossovers on different timeframes. ###...
Purpose: The "Uptrick: MultiMA_Volume" indicator, identified by its abbreviated title 'MMAV,' is meticulously designed to provide traders with a comprehensive view of market dynamics by incorporating multiple moving averages (MAs) and volume analysis. With adjustable inputs and customizable visibility options, traders can tailor the indicator to their specific...
This Pine Script calculates and visualizes crossover signals between the 50-day and 200-day SMAs based on the closing prices. It plots "BUY" signals below the price bars when a bullish crossover occurs above the 50-day SMA, and "SELL" signals above the price bars when a bearish crossover occurs below the 50-day SMA. The script also displays the 50-day and 200-day...
//@version=4 study(title="Moving Average", shorttitle="MA", overlay=true, resolution="") len = input(60, minval=1, title="Length") src = input(close, title="Source") offset = input(title="Offset", type=input.integer, defval=0, minval=-500, maxval=500) out = sma(src, len) plot(out, color=color.blue, title="MA", offset=offset) len1 = input(87, minval=1,...
is a showing a lil bearish pattern looking at stock series data from around December 2022. This pattern has not been changed yet. A visible death cross pattern appeared, as we can see. Stating that this downward trend can be there for a long time. Good News. While on the recent opening of the fundamental data, revenue has increased wrt expectation but the...
gold cross is a showing a lil bearish pattern looking at stock series data from around December 2022. This pattern has not been changed yet. A visible death cross pattern appeared, as we can see. Stating that this downward trend can be there for a long time. Good News. While on the recent opening of the fundamental data, revenue has increased wrt expectation but...
This script is designed to create a trading indicator called "TradeSuper" that overlays on price charts. Here's a summary of its functionality: It calculates the SuperTrend indicator based on user-defined parameters like ATR length, factor, and EMA length. It plots buy and sell signals based on the SuperTrend indicator and confirms them with an exponential moving...
The core of this indicator is obviously RSI divergence. But there are some tips I would like to explain and suggest. First of all, although the basic principle of this indicator is simple: simply comparing the price and RSI value within a given time period. To be more specific, if the price now is lowest among last 300 candlesticks but its RSI value is not, then...
Indicator Overview The "Advanced Fusion Metrics Indicator" is a comprehensive trading tool designed for TradingView that combines several technical analysis methods to assist traders in identifying potential buy and sell opportunities in financial markets. Key Components Moving Averages (MA): Uses two Simple Moving Averages (SMA) with periods defined by the...
Introduction: Luxmi AI Filtered Option Scalping Signals (INDEX) is an enhanced iteration of the Luxmi AI Directional Option Buying (Long Only) indicator. It's designed for use on index charts alongside the Luxmi AI Smart Sentimeter (INDEX) indicator to enhance performance. This indicator aims to provide refined signals for option scalping strategies, optimizing...
MomentumQ Sniper Indicator The MomentumQ Sniper is an advanced Tool, designed to provide traders with multi-dimensional market insights. This indicator integrates the Moving Average Reversal Indicator (MARI), Price Countdown logic for reversal detection, and the Nadaraya-Watson Envelope (NWE) for identifying overbought and oversold conditions. Features: ...
This Pine Script code is an indicator named "MTF_Super" (Multi-Timeframe Super) designed for TradingView. It plots exponential moving averages (EMAs) of different lengths on multiple timeframes (MTF). Users can select various time resolutions for the EMAs, such as 4 hours, 12 hours, 1 day, 1 week, 1 month, 6 months, and 3 months. The indicator calculates EMAs...
Exponential Moving Average 10/20/50/100 Indicator for 10ema, 20ema, 50ema and 100ema to better read trends and help analysis
This script explains how an Oscillator along with Moving Average & Deviation can be used to catch "Reversal Points (Highest points above Overbought & Lowest points below Oversold)". What is an Oscillator:- An oscillator is a technical analysis tool that constructs high and low bands between two extreme values and then builds a trend indicator that fluctuates...
This indicator is designed to detect buying and selling opportunities in financial markets by tracking peak and bottom points to identify potential reversal points, providing investors with potential entry and exit signals. How It Works? Peak and Bottom Definition: The indicator calculates the highest (peak) and lowest (bottom) prices for specified periods. These...
This script explains how "Supertrend" along with ALMA & Simple Moving Average can be used to catch "HH-HL-LH-LL" with linear regression Candles. Simple Moving Average (MA):- A simple moving average (SMA) is used in technical analysis, used to help smooth out price data by creating a constantly updated average price. A rising moving average indicates that the...
"Performance or the direction of indices depend on the performance or direction of its constituents" The above statement succinctly highlights the fundamental relationship between the movements of stock indices and the individual stocks that comprise them. Essentially, the statement underscores the fact that the overall performance and direction of an index are...