A simple indicator that attempts to identify displacement in price by alerting you when two simultaneous Fair Value Gaps (FVGs) occur. When two fair value gaps occur, the indicator will print a green bar (if bullish) or a red bar (if bearish). If you right click on the indicator you can turn on alerts that will pop up every time a dual FVG occurs. Fair Value...
This Linear CC takes into account the log-normal distribution of stock prices and performs Pearson correlation on that data set. It also smoothens the results into an easy to read oscillator, and performs a two-tail t-test on the correlation coefficient data (with a = 0.05) to determine the significance of the coefficients. Significant results are shown in a solid...
Overview This script was created from an idea I saw on one of John Pocorobba's General Market Update videos. In it, he mentions that he's looking for certain criteria to signal that price may be extended and that a pullback may be coming. This script helps to identify those candles. It also goes a step further and identifies if the candle has not only met the...
This indicator can be useful for traders who are interested in analyzing price movements over different time periods. By displaying the daily, Monday, weekly, monthly, quarterly, and yearly high and low values along with their mid values on a chart, traders can get a better understanding of how prices have behaved over longer periods of time. For example, a...
Unlocking Market Volatility: The Adaptive Highest High Lowest Low Indicator As seasoned traders know, accurately identifying and leveraging market highs and lows can significantly impact your trading performance. One innovative tool for harnessing these inflection points is the Adaptive Highest High Lowest Low Indicator. Built for intuitive trading, this...
📜 ––––HISTORY & CREDITS 🏦 This script, titled " Reversion Alert", was developed by TinTinTrading with the intention of creating an easy visual tool based on the relationship between the price and different Exponential Moving Averages (EMAs). It is something TinTinTrading has learned over the years from studying the Investor's Business Daily courses and...
Library "MyVolatilityBands" Just a lil' library of volatility bands that I use in some scripts bollingerbands(src, lkbk, mult, basis) Bollinger Bands Parameters: src (float) : float lkbk (int) : int mult (float) : float basis (float) Returns: Bollinger Bands donchianchannels(src, lkbk, band_width) Donchian...
This indicator aims to identify supply and demand levels in the market by calculating buy and sell pressure based on weighted closing prices. The indicator starts by defining several variables and input parameters. The 'n' parameter determines the period used for calculations, while the 'DemandIndexValue' parameter sets the threshold for identifying demand...
The indicator is called "Akamai Reversal (Repaint's)" and is designed to be overlaid on the price chart. It uses three exponential moving averages (EMAs) with lengths of 9, 14, and 21 respectively, referred to as Superfast, Fast, and Slow. The indicator generates buy signals when the Superfast EMA is above the Fast EMA, the Fast EMA is above the Slow EMA, and the...
// Mobius // V01.01.29.2019 // Uses trend of higher highs with higher lows and trend of lower lows with lower highs to locate pivots. Distance for trend is set by the user. Confirmation of a reversal from pivots is set with a multiple of the pivot bars range. That multiple is also a user input. // Trading Rules // 1) Trade when price crosses and closes outside the...
As of May 2023, there are more than 180 usdt perpetual coins on the binance futures exchange. These coins are included in the indicator in lists of 40. They are sorted instantly in the table from largest to smallest. The sorting style can be changed in the indicator settings. This indicator collects RSI and TSI values at desired values. The result has a maximum...
Smoother Momentum Stops (SMS) is a dynamic tool that combines the logic of momentum and moving averages to create an overlay of the market price and generate potential trade signals. The original idea for this indicator comes from the beloved and esteemed trading indicator guru Mladen Rakic. Understanding the Framework The SMS incorporates various aspects of...
A more rapid successor to the volatility-calibrated ATR. It uses a volatility estimator in the calculation (doesn't underestimate volatility as much and more responsive in ranges) as a multiplier on a typical ATR. The volatility estimator is not as biased as classic estimators. There is an option to allow the root values to be dependent on the timeframe or...
Crypto Risk Calculator 's logical is bring the differential between Entry price and Stoploss price, your acceptable risk and your account size to calculate the loss size first then convert to the 'Amount coins' and have another feature like auto scale static target calculate by your loss size with RRR (Risk Reward Ratio). Give you to get easier to manage your...
Broadening formations are common chart patterns observed by technical traders. A broadening formation is formed when the volatility of an asset increases, thus expanding the range of its price resulting in higher highs and lower lows. The Broadening Trendline indicator, works by looking for pivot points where a higher high or lower low is made compared to the...
Library "Pivot" This library helps you store and manage pivots. bias(isHigh, isHigher, prevWasHigher) Helper function to calculate bias. Parameters: isHigh (bool) : (bool) Wether the pivot is a pivot high or not. isHigher (bool) : (bool) Wether the pivot is a higher pivot or not. @return (bool) The bias (true = bullish, false = bearish,...
Introducing the "Dodge Trend" indicator, an innovative variant of the Supertrend indicator designed to help traders better avoid fakeouts and maintain positions in established trends. Like the Supertrend, the Dodge Trend uses Average True Range (ATR) but incorporates a unique adaptive adjustment feature that differentiates it from its counterparts. While the...
Quantum Trend indicator is our new tool to trade on futures and spot markets in the world of cryptocurrency. This indicator uses some advanced techniques to determine price reversals and filter them out with other indicators, such as oscillators ( Stochastic RSI and etc. ) and trend-based indicators ( such as EMA and others ), but even after filtering signals...