I wrote this script after having listened to Hyperwave with Sawcruhteez and Tyler Jenks of Lucid Investments Strategies LLC on July 3, 2019. They felt that the existing built-in Parabolic SAR indicator was not doing its calculations properly, and they hoped that someone might help them correct this. So I tried my hand at it, learning Pine Script as I went. I...
thanks to mpatte15 for writing this originally code was updated to utilize sqrt on Vyangzhang to plot standard deviation vs variance
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points. Generally HH and HL shows up-trend, LL and LH shows down-trend. If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
Inspired by Philakone script. 3H signals
This may be something so-called "reinventing the wheel". 😅🤭🤭
This overlayed utility is used for showing the volatality of the price. It is useful to see the changed percentage of the price in order to decide what stock/crypto to buy, b/c if the volatility (changed percentage) is high it's likely that you can make bigger profit. Added option to display changed percentage for: - Current Close price compared to previous...
Giving all credit to @Celena at WarriorTrading for the idea behind this script. The script is pretty basic and self-explanatory. We will use certain RSI levels both on 5min and 1min to determine the strength/momentum of a stock. The idea is to monitor 5m and 1m timeframes at once. if the RSI starts to test the initial level, we will see a plot on the graph (...
Volume-weighted bollinger (normal stats application of weighting mean) with cleaned up visualization. Shaded area represents1sd-2sd move size for trailing 20 period average on timeframe for individual candles.
SQUEEZE PRO INDICATOR v0.5Beta Script based in: original John Carter's ideas (SQUEEZE & SQUEEZE PRO) LazyBear's script (Squeeze Momentum Indicator) USE IT IN CONJUNCTION WITH THE SQUEEZE PRO INDICATOR This system is based in the volatility reversion to the mean: volatility contraction leads to volatility expansion and the other way on The arrows signal is a...
SQUEEZE PRO INDICATOR v0.5Beta Script based in: original John Carter's ideas (SQUEEZE & SQUEEZE PRO) at simplertrading dot com LazyBear's script (Squeeze Momentum Indicator) here at tradingview dot com USE IT IN CONJUNCTION WITH THE SQUEEZE PRO ARROWS INDICATOR This system is based in the volatility reversion to the mean: volatility contraction leads to...
This is a different (dare I say, corrected?) version of the Parabolic SAR that doesn't use the current active close in its calculation. This changes the current SAR to only change when the extrema (high or low) changes. the chart shows the difference between the built in SAR and the one I have modified.
Simple Price Action + Bollinger Band Strategy Buy Setup -------- - Price closes below Bollinger Band - Last candle closes in green, confirming bulls have returned - Buy trade is taken Short Setup -------- - Price closes above Bollinger Band - Last candle closes in red , confirming bears have returned - Short trade is taken Strategy open for suggestions and updation