Candles change color depending on trend: White = Uptrend Gray = Neutral / Transition Red = Downtrend Based on moving averages and helpful for scanning multiple timeframes to determine short / mid term momentum. I find it useful to help trade with the trend, or at least know when the market is becoming weaker / stronger. Recommend to use this together with...
Background changes color depending on trend: Green = Uptrend Dark Blue = Neutral / Transition Red = Downtrend Based on moving averages and helpful for scanning multiple timeframes to determine short / mid term momentum. I find it useful to help trade with the trend, or at least know when the market is becoming weaker / stronger. Recommend to use this...
Squeeze release. Wait till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a colour change). Second one is Stochastic RSI Crossover just like normal except it adds red or green squares...
Squeeze release. Wait till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a colour change). Second one is Stochastic RSI Crossover just like normal except it adds red or green squares...
This simple indicator shows the cumulative volume within the current uptrend or uptrend. The bull&bear trend is detected by a change in the direction of the candles.This indicator works particularly well with Heikin Ashi and Renko charts.Alternatively, you can use a moving average direction to indicate the direction of the trend.You can select from several...
Alpha & Beta Indicators for Portfolio Performance β = Σ Correlation (RP, RM) * (σP/σM) α P = E(RP) – Where, RP = Portfolio Return (or Investment Return) RM = Market Return (or Benchmark Index) RF = Risk-Free Rate How to use the Indicator RM = SPX (Default) The Market Return for the indicator has the options of $SPX, $NDX, or $DJI (S&P 500, Nasdaq 100,...
Default Settings are meant to be used in BTC/USDT chart on 5 min time frame on Binance Futures. If you want to use for another asset on another time frame YOU MUST CHANGE THE SETTINGS This is a divergence finding indicator developed by HFT Research. It is a highly customizable indicator and provides endless opportunities to find profitable trades in the...
Here is a simple Standard Deviation Line based on supply and demand that will help you to find expected move easily. 3 Standart Deviation merged line available. Number of days and adjustable length.
This indicator created with combination of 2 different indicator, momentum and Inchimoku Kinko Hyo. It replicates the result of Moving Average(5) added to RSI indicator window to identify the end of a trend and reversal, under strict condition and unique application on mobile phone. But with more accuracy and reduced false signals. Tested markets:...
The Dr. Profit BANK CANDLES will identify the low momentum candles (LMC) and high momentum candles (HMC) needed to detect where the banks are most likely to consume supply/demand according to the base. You may chose to only show HMC or LMC in the INPUT SECTION. HMC are your "INTRO" candles. You can view these candles as AGGRESSIVE and high in Volume. LMC ...
The script allows you to use multiple indicators such as Moving Averages, Parabolic SAR, Bollinger Bands, Support and Resistance and it includes alerts for each indicator. MA - The moving average (MA) is a simple technical analysis tool that smooths out price data by creating a constantly updated average price. The average is taken over a specific period of time,...
in financial technical analysis, the know sure thing (KST) oscillator is a complex, smoothed price velocity indicator developed by Martin J. Pring. A rate of change (ROC) indicator is the foundation of KST indicator. KST indicator is useful to identify major stock market cycle junctures because its formula is weighed to be more greatly influenced by the longer...
This is a fairly simple indicator based on the modernized moving average and ATR. These bands are relevant not only in the range, but also with a long-term trend. I have personally used this in my trading system for a long time.
If you are an option trader, who are constantly searching opportunities to set up inverse iron condor position or other strategies, you must be familiar in estimating the range induced by Geometric Brownian Motion (GBM), or Lognormal distribution someone may call. The theory behind is adopted in the Black Scholes Option Pricing model, this assumes the asset price...
Bold line name is TRENDLINE. Thin line name is SCALPINGLINE. Chronosphere line time changeable scalpingline. And ninja line fast line. Experience to use. When TRENDLINE is 100 or TRENDLINE color green and SCALPINGLINE is 0 , this is a buying opportunity. When TRENDLINE is 0 or TRENDLINE color red and SCALPINGLINE is the opportunity of selling when it is between...
This script uses floor pivots and an VIP level which is very important level from Price action point of view. These levels act as strong support and resistance levels. I Mainly use this for Banknifty:NSE but these can be used across any instrument which is be traded. This will be upgraded further.
This is a Breakout Algo Suited for trading Stocks in NSE ( India) . The code looks for breakout above yesterday high and low with respect to the pivot R1 and S1. The order pings as Bracket order with 2R as target and 1R as risk. Time frame to be used is 5 mins. We need to feed stocks with narrow range prior day for better performance. You need to define risk in...
This script uses floor pivots and a VIP level which is very important level from Price action point of view. These levels act as strong support and resistance levels. I Mainly use this for Banknifty:NSE but these can be used across any instrument which is can be traded. This script will be upgraded further with more price action concepts.