This is a simple sessions indicator that allows you to highlight up to 3 different sessions on your chart. This is intended for charts in any timeframe lower than the Daily timeframe. Really simple, clean, and minimalistic on purpose, intended to help and not clutter the chart. Options/parameters: Sessions: Check and setup beginning and end of the sessions....
This Pine Script code plots the "ATR+StdTR Band and Trailing Stop," serving as a tool for volatility-based risk management and trend detection. While bands are typically set using a multiple of ATR, this script uses StdTR (the True Range standard deviation) and sets the band width based on ±(ATR + n times StdTR). StdTR is a great tool for detecting price...
Trend Analysis: Normalized total amount and percentage change values can help determine the general direction of price movements. Buy/Sell Strategies: Buy and sell signals can be used to trigger your trading strategies. For example, you might consider buying when the percentage change rises above 0 or selling when it falls below. Risk Management: Positive and...
TechniTrend: Average Volatility Description: The "Average Volatility" indicator provides a comprehensive measure of market volatility by offering three different types of volatility calculations: High to Low, Body, and Shadows. The indicator allows users to apply various types of moving averages (SMA, EMA, SMMA, WMA, and VWMA) on these volatility measures,...
The Connors RSI with Down Gap indicator is a technical tool designed to support Larry Connors' Terror Gap Strategy, which is part of his broader framework outlined in the book "Buy the Fear, Sell the Greed: 7 Behavioral Quant Strategies for Traders." This specific indicator integrates the ConnorsRSI calculation with a focus on detecting down gaps in price,...
RSI Indicator with the SMA represented as the 0 line. Added option to select timeframe and add background colour.
Strategy Overview Indicators Used: Relative Strength Index (RSI): This momentum oscillator measures the speed and change of price movements. It helps identify overbought or oversold conditions in the market. Fibonacci Retracement Levels: These levels help identify potential support and resistance areas based on the Fibonacci sequence. You focus specifically on...
Indicator Name: Common Volume Spike Indicator with Price Color on Spike Description: The “Common Volume Spike Indicator with Price Color on Spike” is designed to detect significant volume spikes and highlight them on the chart. It not only identifies moments when the trading volume exceeds a certain threshold but also colors the price bars based on price movement...
█ OVERVIEW This script implements the Average Directional Index (ADX), a powerful tool used to measure the strength of market trends. It works alongside the Directional Movement Index (DMI), which breaks down the directional market pressure into bullish (+DI) and bearish (-DI) components. The purpose of the ADX is to indicate when the market is in a strong...
This custom indicator highlights the high-volume period of the London-New York session overlap from 6:30 PM to 9:15 PM Indian time. Designed specifically for traders utilizing the BMS (Black Magic Setup) strategy, it focuses on identifying optimal trading windows where volume is at its peak, helping traders capitalize on sharp market movements during this overlap....
Nothing but a simple 325 SMA. It helps show where big potential support and resistance are. Concept by BananaStocks
The Simplified Gap Strategy leverages price gaps as a trading signal, focusing on their significance in market behavior. Gaps occur when the opening price of a security differs significantly from the previous closing price, often signaling potential continuation or reversal patterns. Key Features: Gap Threshold: This strategy requires a minimum percentage gap...
The TPS Short strategy aims to capitalize on extreme overbought conditions in an ETF by employing a scaling-in approach when certain technical indicators signal potential reversals. The strategy is designed to short the ETF when it is deemed overextended, based on the Relative Strength Index (RSI) and moving averages. Components: 200-Day Simple Moving Average...
//@version=5 indicator("RSI + SMA Indicator", overlay=true) // Parametreler rsiLength = input(14, title="RSI Length") smaLength = input(50, title="SMA Length") rsiOverbought = input(70, title="RSI Overbought Level") rsiOversold = input(30, title="RSI Oversold Level") // RSI hesaplama rsi = ta.rsi(close, rsiLength) // SMA hesaplama sma = ta.sma(close,...
This code is used to calculate a theoretical price range based on volume and price change and display it on the chart. Specifically, it calculates the “theoretical price volatility” based on price changes and volume, from which the upper and lower price limits are derived. The price volatility is calculated by dividing the price change by the volume as the change...
Inside Bar Detection: The script identifies inside bars, which are candles where the high is lower and the low is higher than the previous bar. It tracks the high and low of the mother candle (the candle preceding the inside bars) and plots the ranges on the chart using lines and labels. Exponential Moving Averages (EMA): Three EMAs are calculated and plotted...
Show swap ratio between two tokens, from A to B and reverse.
Precision Cloud by Dr. Abhiram Sivprasad" The " Precision Cloud" script, created by Dr. Abhiram Sivprasad, is a multi-purpose technical analysis tool designed for Forex, Bitcoin, Commodities, Stocks, and Options trading. It focuses on identifying key levels of support and resistance, combined with moving averages (EMAs) and central pivot ranges (CPR), to help...