The indicator draws horizontal line over the current day session of: * The high value of previous day * The low value of previous day * The IBH (initial balance high) of the day * The IBL (initial balance low) of the day and fill the area in which it is not recommended to perform day-trade
Code written by Krishna Khanna on 04/11/2017 and includes the following components 1) CCI MTF This indicator will draw the following CCI-8 on 5 minutes CCI-34 on 5 minutes CCI-34 on 30 minutes interval on 5 minutes 2) Strength Candle Detection This is put a * over any strength candle 3) EMA This will plot EMA 5, EMA 21 and EMA 55 4)...
Put this together for users using the free version of tradingview. Combines MA Cross and Bollinger Bands into one indicator.
This script is designed to aid in back-testing and trade execution. It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades , and the red colored value is your stop loss distance (in pips) above the most recent swing high for short...
This indicator shows the Correlation Coefficient between the four input symbols and current chart symbol over the corresponding timeframe and period inputs. You can input four symbols with different aggregation and period settings. The period input is the number of bars used to calculate the correlation coefficient. How to Read the Correlation Coefficient...
This alert script is oriented towards automated trading with Gunbot. I call it "Options Galore" because of all the user-configurable settings it offers for up-trending and down-trending markets. (See: " Market Tone " study). A strategy script for quantitative backtesting, smarter buy/sell indicator such as TSI or Stoch RSI, and stop loss/trailing stop are all...
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This is an Indicator to complement The Love B♥t Strategy Script. You can create alarms with this indicator. The strategy is using a combination of few different indicators along with moving averages. You can learn more about the strategy script here.
An experimental indicator based on the Stochastic + Connors RSI binding
This indicator works similar to the Tightened Bollinger Band (TBB) Strategy. Normally, when bollinger bands tighten, you look for the point where they widen and the direction of the price is often a breakout. This indicator does the something similar, but using MACD, so you get other opportunities to get into plays. When the bollinger bands on the indicator...
Recommended Source = close FastRSI = 2 SlowRSI = 14 How it works? DoubleRSI = (FastRSI + SlowRSI ) / 2 = blue line DoubleRSI > 80 = red bg color = sell? DoubleRSI < 20 = lime bg color = buy?
Most traders take a decision to place the trade based on a combination of algorithms such as bollinger bands, keltner channels, and ichimoku cloud etc. Bitra BB Squeeze Scalper provides clear buy and sell signals with squeeze (purple color) in the chart of bollinger bands. The bands are color coded to show up and down trends.
Comprises of multiple algos incl direction, true range, momentum and volatility. Check out and feedback..