This script produce a volatility histrogram by bar with the current volatility overlayed. The histogram shows cumulative average volatility over n days. And the dots are todays cumulative volatility. In other words, it calculates the True Range of each bar and adds it to todays value. This script is build for intraday timeframes between one and 1440 minutes...
The Coppock Curve is a momentum oscillator developed by Edwin Coppock in 1962. The curve is calculated using a combination of the rate of change (ROC) for two distinct periods, which are then subjected to a weighted moving average (WMA). History of the Coppock Curve: The Coppock Curve was originally designed for use on a monthly time frame to identify buying...
The Vortex-Based Divergence Indicator represents a groundbreaking approach to analyzing market dynamics within the realm of technical analysis. Drawing inspiration from the concept of vortices and their cyclical patterns, this indicator strives to illuminate potential divergence points within financial markets, providing traders with valuable insights for informed...
This indicator is a visual percentile rank indicator that can display 1 to 5 sources at one time. The options: “Sources” Choose the number of sources you would like to display. The minimum is 1, the maximum is 5. “Label percent position” The label for the current percentage of where the source candle ranks. “Label position” This displays the source/s you’ve...
The Volatility Price Range is an overlay which estimates a price range for the next seven days and next day, based on historical volatility (already available in TradingView). The upper and lower bands are calculated as follows: The Volatility for one week is calculated using the formula: WV = HV * √t where: WV: one-week volatility HV: annual volatility √: square...
This indicator uses the strength of the trend from ADX to decide how the SuperTrend (ST) should behave. Motivation ST is a great trend following indicator but it's not capable of adapting to the trend strength. The ADX, Average Directional Index measures the strength of the trend and can be use to dynamically tweak the ST factor so that it's sensitivity can...
The Advanced Weighted Residual Arbitrage Analyzer is a sophisticated tool designed for traders aiming to exploit price deviations between various asset pairs. By examining the differences in normalized price relations and their weighted residuals, this indicator provides insights into potential arbitrage opportunities in the market. Key Features: Multiple...
Double Supertrend HTF Filter: A Comprehensive Market Direction Tool The Double Supertrend HTF Filter is an innovative tool designed for traders who seek a more holistic view of market trends. At its core, the indicator combines two Supertrends from different higher timeframes, providing a layered perspective on the market's direction. Instead of juggling between...
INTRODUCTION The Expansion/Contraction Indicator (ECI) is a custom indicator designed to measure the expansion or contraction of price ranges between the open and close of each bar. It helps traders identify periods of increased or decreased volatility in the market. Since trading is most fruitful during volatile market conditions, this indicator provides...
This indicator shows the bollinger bands against the price all expressed in percentage of the mean BB value. With one sight you can see the amplitude of BB and the variation of the price, evaluate a reenter of the price in the BB. The relative price is visualized as a candle with open/high/low/close value exspressed as percentage deviation from the BB mean The...
The Parabolic SAR Zone indicator is a tool designed to help traders identify the best zone to enter in a position revisiting the usage of the standard Parabolic SAR indicator. In the settings you can choose all the parameters of the standard indicator, and in addition to that you can also change the multiplier for the zone width. This indicator provides two...
This indicator is an adapted version of Julien_Eche's 'Pro Momentum Calculator' tailored specifically for TradingView's 'Supertrend indicator'. The "Pro Supertrend Calculator" indicator has been developed to provide traders with a data-driven perspective on price movements in financial markets. Its primary objective is to analyze historical price data and make...
█ Introduction This is my second version of the L&S Volatility Index, hence the name "Refurbished". The first version can be found at this link: The reason I released a separate version is because I rewrote the source code from scratch with the aim of both improving the indicator and staying as close as possible to the original concept. I feel that the first...
The Indicator The Indicator combines volatility and frequency distributions to forecast an area of possible price expansion with an approximate confidence interval / level and level of significance (significance level). The Script Formula Additional comments To alter the models forecasting precision to reflect a given confidence interval, e.g the 90%...
The Value at Risk Channel (VaR Channel) is a trading indicator designed to assist traders in managing their risk exposure effectively. By allowing users to select a specific time period and a probability value, this indicator generates upper and lower limits that the price might potentially attain within the chosen timeframe and probability range. CONCEPTS This...
Discover the power of the Turtle Trade Channels Indicator (TUTCI), an innovative tool that integrates the time-tested principles of the legendary Turtle Trade system. This groundbreaking system shattered the belief that successful traders are born, not made, by transforming ordinary individuals into profitable traders. The Turtle Trade Experiment, which achieved...
The Bollinger Band Percentile Suite (𝐵𝐵𝒫𝒸𝓉 𝒮𝓊𝒾𝓉𝑒) is a comprehensive and customizable toolkit built upon the foundation of the %B indicator. The methodology behind this toolkit remains consistent with the original %B indicator, while introducing a host of powerful features to enhance its functionality and adaptability. Key Features and Customization: The 𝐵𝐵𝒫𝒸𝓉...
█ OVERVIEW Detect price crashes in volatile conditions. This is an indicator for a greedy dollar cost average (DCA) strategy. That is, for people who want to repeatedly buy an asset over time when its price is crashing. █ CONCEPTS Price crashes are indicated if the price falls below one or more of the 4 lower Bollinger Bands which are calculated with...