This signal is to be plotted on the underlying symbol for which options can be sold for the the same. If signal line is raised with green color that means I can sell put options with proper hedging so that I will not loose more that 3% of my capital. Until the horizontal zero line is green one can stay in the position with bullish bias. If it turns red then...
To apply your indicator with screener , please modify the section which i mention "Start your indicator pine script" & "End your indicator pine script" At the pinescript section you will able to change the ticket symbol . I only able to show screener result with 10 item in 1 times . To view more result, please go to setting and change stock list ...
Bollinger band with 1 and 2 standard deviation Default with 21 SMA Also count number of candlesticks of previous trend when crossing 1 standard deviation
This indicator plots Standard deviation levels and Fib. Pivot Points. I prefer to use only SD levels but Fib. levels also come handy in providing support and resistance. How to use this indicator: You have to manually enter instrument's Closing Price / Settlement Price and VIX closing price to draw each day's levels. For NQ, I use VXN closign price and for ES...
This indicator is the Bernoulli Process or Wikipedia - Binary Entropy Function . Within Information Theory, Entropy is the measure of available information, here we use a binary variable 0 or 1 (P) and (1-P) (Bernoulli Function/Distribution), and combined with the Shannon Entropy measurement. As you can see below, it produces some wonderful charts and signals,...
This script is similar to the previous one "Bollinger Bands Money Flow Index" but it's a little easier to interpret. Fix the top line of the "BBMFI" to 1, and the bottom line to 0. Indicates where "Money Flow Index" is located between the top and bottom lines. If it's bigger than 1, it's overbuying. If it's less than 0, it's overselling. Consider a trade if you...
After several months of testing and developing suitable algorithms and strategies we finally finsihed our first strategy-indicator named DGR (Don't get rekt) . The DGR indicator is the first one of a series of several planned advanced indicators to enhance your overall trading experience for BTC and most other crypto currencys . The indicator strategy is...
The Rahul Mohindar oscillator ( RMO ) is a type of technical analysis indicator developed by Rahul Mohindar of Viratech India. It detects trends in financial markets, and is designed to work on open-high-low-close charts for a wide variety of securities including stocks, commodities and forex. This analysis is most notably included in version 10 of the MetaStock...
This is the Parabolic SAR (stop and reverse) for the Jackrabbit suite and modulus framework. This indicator supports differential timeframe analysis and confirmational bias. Dynamic timeframes are supported. The main indicatior and the confirmational indicator can both be individually tuned for the following: Start, the starting value for the acceleration...
Similar to the built-in BB script but with 3 BB bands. The SMA length is the same for all bands.
Three VWAP bands plotting the 1. Standard VWAP 2. A VWAP band with a % shift to the upside and 3. A VWAP band with a % shift to the downside This script enables a VWAP range similar to Bollinger Bands and signals oversold and underbought regions.
The High/Low indicator utilizes the measuring of local highs and lows as well as local peaks and troughs to identify possible divergence in the price action. Purple oscillator = Higher Timeframe's price measurement Purple high triangle = A local high on the higher timeframe has been made Purple low triangle = A local low on the higher timeframe has been made Red...
Uses a set of Bollinger Bands (user defined deviation, user defined deviation * 2) to determine possible entry set ups. Signals are triggered when price crosses and closes, and crosses the first band (closest to the baseline MA) in the desired direction. baseline can be your take profit 1 target The inside band determines entry and can be used as a take profit...
Study Name: Elder-Keltner-Impulse-MA Study by STTA English: This indicator shows in a combined way three Keltner Channels with EMA21 and multiplier 1,3,5, the Elder Impulse System and a short EMA 11 to recognize the valuation zone, according to various strategies of Dr. Alexander Elder. This indicator can be applied on all symbols. Inputs: displayed...
ATR based Triple Stop Loss levels that are plotted on the chart (like moving averages!). With ATR Levels plotted on the price chart itself, you can better set your volatility based trailing Stop Loss. Also helps to define the SL when making an entry into a stock. Note: This indicator is supposed to be used on Daily and Weekly Charts. For other timeframes...
Trade4wealth Software-II DESCRIPTION: This Alert indicator utilizes the Heiken Ashi with non-lag EMA was a scalping and intraday trading. There is also included filtering on MACD direction and trend direction as indicated by two MA: SMA (20) and EMA (50). The Heiken Ashi candles are great as price action trending indicator, they shows smooth strong and clear...
Day_Tracker_ Advance Indicator shows overall trend or market direction for Intraday / Swing Position along with Buy or sell signal. Terminology Use ==> B- Buy, S- Sale Signal, and Numbers are to show time frame indication there is presence of buyer or seller like B1 for buy signal on 1 minute time frame etc. Display and Interpretation ==> This indicator help to...
This Setup Show When To Buy On Dip. (not 100% working, just as guidance) The idea is combined from other script (thanks to all scriptwriter) and modified by me. Main Idea Line and Histogram are derived and modified by: 1. Stochastic RSI ( red and green) 2. Ema/Sma ( Black and orange) how to interpret same as default Stochastic Rsi. For Histogram: If Blue...