This indicator shows the upwards (green) and downward (red) volatility of the market. It is a standard deviation of the price but with a twist! For the upwards volatility , only the green candles are taken into account, and for the downwards only the red candles are. Compared to my previous "Ladder ATR" indicator this a different approach to measure the the...
Moving averages come in all shapes and types. The most basic type is the simple moving average which is simply the sum divided by the quantity. Therefore, the simple moving average is the sum of the values divided by their number. In technical analysis, you generally use moving averages to understand the underlying trend and to find trading signals. In the case...
A simple script that adjusts the Volatility Percentile Indicator visibly in order to better accommodate entries/exits and certain trading setups/strategies. -------------------------------------------------------------------------------------------------------------------------------------------------------- TL;DR - Remember after a full reset, we are looking...
The VWAP ( Volume Weighted Average Price ) Deviation script is a powerful tool designed for traders to analyze the relationship between price and volume . By calculating deviations around the VWAP , the script allows users to identify key support and resistance levels that can help in making better-informed trading decisions. The script calculates VWAP based on...
The OBV ( On Balance Volume ) RSI ( Relative Strength Index ) indicator is an innovative tool that combines the power of OBV and RSI to provide traders with a comprehensive view of the market's momentum and volume dynamics. This combination enables users to make better-informed trading decisions by analyzing the relationship between price, volume , and relative...
The Enhanced Volume indicator is a powerful tool designed to help traders identify trends and patterns in market volume. This indicator combines multiple components to provide traders with a comprehensive view of volume trends in a particular market. The Volume Oscillator component of this indicator calculates the difference between two volume moving averages and...
█ Overview Buyside/Sellside Liquidity (Expo) is an indicator that identifies buy-side and sell-side liquidity in real time. Buy-side liquidity represents a level on the chart where short sellers will have their stops positioned. Sell-side liquidity represents a level on the chart where long-buyers will place their stops. These levels are found in areas...
Stock Intrinsic Value and MOS Indicator is a powerful tool that can help investors to evaluate the potential value of a particular stock. By taking into account key financial metrics such as earnings per share, price-to-earnings ratio, and dividend yield, this indicator provides a comprehensive analysis of a company's fundamentals, and can be used to estimate its...
Introduction: Capable of observing the market sentiment of the cryptocurrency market The relative status of BTC and altcoins How it works: 1. The general uptrend process of the cryptocurrency market is BTC → ETH → high-cap altcoins → low-cap altcoins. When funds cannot push up BTC's market cap, funds gradually flow into smaller-cap altcoins until the...
Title: ValueView Description: ValueView is a script designed to cater to the needs of value investors. Its primary purpose is to provide a comprehensive overview of the financial performance of a stock, making it easier for investors to assess the intrinsic value and potential investment opportunities. The script displays a concise summary of essential...
Level2 Background A super oscillator with overbought and oversold detections. Function Represented by a white line, this Super Oscillator indicator identifies instruments that are overbought or oversold, which can be an important part of determining buy and sell points. An oversold market is a market that has fallen sharply and is expected to recover. In this...
Level2 Background This is a novel "undersampling data" processing trick proposed by John F. Ehlers in his April 2023 article "Just Ignore Them". Function In signal processing, undersampling, or bandpass sampling, is a technique whereby a bandpass-filtered signal is sampled at a sample rate below its Nyquist rate (twice the upper cut-off frequency), but the...
================== Read This First Before Use This Strategy ============== *********** Please be aware that this strategy is not a guarantee of success and may lead to losses. *********** Trading involves risk and you should always do your own research before making any decisions. ================= Thanks Source Script and Explain This Strategy...
LONG and SHORT signal generation: The LONG and SHORT signals in this script are generated based on a combination of sentiment, price strength, and volume strength calculations. The following parameters and calculations are used in determining these signals: Sentiment: The sentiment is calculated using a Simple Moving Average ( SMA ) of the SMO (oscillator)...
This plots liquidation alerts for different levels of leverage. The script calculates the liquidation prices for both long and short positions based on the inputted leverage values. Then, it plots dots on the chart where liquidation can occur for each level of leverage. Additionally, it plots circles on the chart only when a liquidation event occurs, at which...
Alright, let's talk about how to use this fancy indicator. But first, let me warn you, using indicators is like driving a car, you can't just press the gas pedal and hope for the best. You need to know what you're doing, or else you'll crash and burn faster than a soufflé in a microwave. Now, let's get started. The first thing you need to do is understand what...
@CRYPTOSLIFE This script creates a Momentum Composite Indicator (MCI) that combines four different momentum indicators: RSI, MACD, Stochastic Oscillator, and Rate of Change (ROC). Each of these indicators is calculated, normalized, and then combined with equal weights (25% each) to create the composite indicator. The script also includes a color change based on...
New Week Opening Gap (NWOG) and New Day Opening Gap (NDOG) are areas on the chart where price tend to react to and has the potential of moving from one gap to the next. These gaps can act as support and resistance zones where price can bounce of, or go through and retest. Areas of interest are the high, low, the Consequent Encroachment (C.E.), which is the middle...