this is script is a request from trader Jaepayne.
DBT MOMO Introduction: The MoMo is a TradingView indicator designed to evaluate momentum and give the user signals according to momentum shifts, strength, extensions, traps, and divergence. It’s an all in one oscillator that will make reading price action near term and long term much easier. Part One: Strength The MoMo consist of two major parts. A 3-candle...
This indicator is an Add on to the DBT MoMo v.4. Due to a conflict with the Oasis Trading Suite the DBT MoMo Candle Colors had to be turned off for now. To compensate we created a background shading indicator that will shade the same candles as before. For Access or Questions: Private message us. Thank you.
Currency Strength meter First created by Glaz in 2015 and updated a few times by JustUncleL in 2017 , I have stripped out the plot functions and color coded results against pairs. I feel this makes the results easier to interpret. The darker the color the stronger the asset. As Pine Script only allows a maximum of outputs, I have split this into 2 Scripts to...
Currency Strength meter First created by Glaz in 2015 and updated a few times by JustUncleL in 2017 , I have stripped out the plot functions and color coded results against pairs. I feel this makes the results easier to interpret. The darker the color the stronger the asset. As Pine Script only allows a maximum of outputs, I have split this into 2 Scripts to...
ATR shows volatility. SMA of ATR measures the average volatility over a chosen look-back period (default 200). Divergence of ATR and sma is represented as a histogram. Low periods of volatility are below the zero line. High periods of volatility are above the zero line. Average volatility over a 200 period look-back is the zero value.
We made a multi indicator using the Quantile Band, the Rsi qqe, bollinguer band 10.1 and a sma 34 price per half. Quentile band: In statistics and the theory of probability, quantiles are cutpoints dividing the range of a probability distribution into contiguous intervals with equal probabilities, or dividing the observations in a sample in the same way. ...
Again major shout out to chrismoody
A 10:1 reward/risk scalping system. Only silent whale group members have access.
This envelop calculated by pips. So you can use this on only forex charts.
Standard Deviation Bands with overbought/sold "drift" signals.
Increasing and decreasing volatility in respect to ATR crossing an ema of ATR. Ema acts as a proxy for look-back period as per Historical Volatility Percentile. ATR is a proxy for Volatility as per standard deviation. Divergence below ema means low volatility: the more divergence, the lower. Divergence above the ema means high volatility.
Smaller time frame trades and if ape confirms the move feather on the hat 🎩. Also Helps to take profit/stop in ape swing trades. Note this is a scalper and works only on 5min timeframe unlike ape (15min). You can find ape 15m swing trader here :
1) Paints two lines based on previous bar's true range, has option for custom multiplier to make stop a factor of previous bar's TR. Used for quick identification of stop loss placement based on previous bar set-ups. 2) Identifies bar on close which has true range that is smaller than a period-chosen ATR criteria. Additionally, has an input for a raw "ATR Shave"...
To be used in conjunction with Jericho BTCUSD-Multi , this version allows the setting of alerts