Inizia

[i]price

VOLatiliUMThis is a useful conjunction of volume and volatility together in one script, so I named it a blended name! It can show the diagram of: - Volume - Volume Variation (Volume - Past Volume) - Volume Density (Volume / (High - Low)) - Volatility in combination with the aforesaid ones It also offers two concepts of bar colorizing, by using the size of the bars or by applying volatility from a higher time frame (HTF). The option "Absolute Bar Values" is included for the ones who like to see all bars positive above the zero line! Feel free to use the script and send me your opinions. Thanks.
Indicatore Pine Script®
di informanerd
8
Price in BitcoinHi folks, This script simply converts the price of assets from USD to bitcoin and displays that price in a separate chart. Currently, only assets quoted in USD will work but I will add more currencies in the future. Use: 1. Make sure the asset you're viewing is quoted in USD or USX. To check, hover over the symbol on the top left part of the chart, click the "More" ellipsis and select "Symbol Info". The currency will be among the info displayed. 2. Apply the script and view the chart at your own risk. Math: price(btc) = (x/usd) / (btc/usd) Cheers! Jared
Indicatore Pine Script®
di jppeck1
Demand Supply Indicator With AlertsThe Demand Supply Zone indicator with Alerts helps in identifying the Demand Supply zones on chart by pinpointing them. The indicator looks for Demand Zone patterns, Drop-Base-Rally or Rally-Base-Rally , when such pattern is identified the indicator marks it on the chart. Likewise, if the indicator identifies Supply Zone patterns, Rally-Base-Drop or Drop-Base-Drop the indicator marks it as Supply Zone. The basing candles are changed to Blue color and the Legout candles are changed to Black color by default. Using the Demand Supply Zone Indicator with Alerts you can also set Alerts on your favourite scripts and timeframes, to get notification when Demand Supply Zones are formed. List of all the features is provided below. 1. You can choose which patterns the indicator should identify. 2. Number of candles in basing from 1 to 6. 3. Strength of the legout. 4. Identify follow-through patterns. 5. Hide Single Legout patterns. 6. Strength of the first legout in follow through pattern. 7. Strength of the second legout in the follow through pattern. 8. Customize Basing Color 9. Customize Legout Color 10. Display Pattern Name 11. Display Proximal and Distal Values 12. Color customization for Demand Supply Zone Labels 13. Set Alerts based on Demand Supply Zone formation To set Alerts follow the steps provided below. 1. Go to the symbol chart and select the timeframe on which you want to set Alerts. 2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A 3. In Condition Select, Demand Supply Indicator With Alerts 4. In Options, select Once Per Bar Close 5. Select expiry as per your preference or keep it open-ended 6. Select Alerts Actions as per your preference 7. Alert name is optional 8. Default message is “Zone Alert” and can be modified 9. Click on Create and in the warning window select Continue Anyway Once you have active alert, you will keep getting notification whenever a Demand/Supply zone in identified on the symbol and time frame you selected. Use the link below to obtain access to this indicator.
Indicatore Pine Script®
di SurjeetKakkar
188
Price PredictorGreetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com). This one is called Price Predictor. How To Use Price Predictor Price Predictor acquires potential targets by measuring the Average Change of Price from a user-defined resolution, from Open to Open. By default, the Resolution is set to 1 Day, however you can play around with Weekly, Monthly, etc. When a new resolution period begins, Price Predictor will automatically adjust based on the new Average Change of Price. Due to the avoidance of Security() in this script, you may have to play around with the Timeframe that you use it in to ensure that you have enough bars on your chart to process the User-Defined Resolution. The first Target Zone represents Target 5 of my other script, Trade Manager()(Given that you set the Target Multiple and Default Threshold Inputs as the same in each script), and is the most likely to be hit before the end of the resolution period. In addition to a User-Defined Resolution, you also have the option of using a Custom Price to define Target Zones, however I'd recommend using my other script, Trade Manager(), if the volatility of the Instrument isn't too high. I wanted to give a Special Thanks to @Pinecoders for the Custom RoundToTick Function from The Backtesting/Trading Engine --> ( If you like Price Predictor, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
Indicatore Pine Script®
di DrCatherineHalsey
12
Trade ManagerGreetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com). This one is called Trade Manager. How To Use Trade Manager Trade Manager acquires potential targets by measuring the Average Change of Price from a user-defined resolution, from Open to Open. By default, the Resolution is set to 1 Day, however you can play around with Weekly, Monthly, etc. When a new resolution period begins, Trade Manager will automatically adjust its Targets based on the new Average Change of Price. Due to the avoidance of Security() in this script, you may have to play around with the Timeframe that you use it in to ensure that you have enough bars on your chart to process the User-Defined Resolution. The idea behind Trade Manager is quite simple yet can be quite powerful at the same time. Consider a Daily Candle for example. You can clearly see how a vast amount of price movement can be encapsulated within it, sometimes in both directions. By measuring the Average Change of Price per day(From Open to Open), we can use this Average to build targets off of. Defining a small Threshold above and below the Open Price of the Daily Candle allows you to set Limit Orders at these levels with predefined Targets. Then, the use of the custom Trailing Stop and Break Even helps to secure profits without giving too much back to the market, all while managing your risk. Within the Settings of Trade Manager, you have the option to alter the logic of whether Break-Even is set after the first Target or second Target is hit. In addition to using a User-Defined Resolution Period, you can also input a Custom Price into the settings of Trade Manager and allow the Targets, Trailing Stop, and Break Even to be calculated from the Custom Price. I wanted to give a Special Thanks to @PineCoders for the Custom RoundToTick Function from The Backtesting/Trading Engine --> () As a note, there are times where price will break out very strongly from the Limit Price, sometimes crossing the Stop and Limit Price on the same bar. When this happens, it is difficult for Pine to determine which occurred first intra-bar, and as a result, it does not record a new position. In these instances, I'd recommend adjusting the Default Stop Multiple so it is below the bar. If you like Trade Manager, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.
Indicatore Pine Script®
di DrCatherineHalsey
13
FAIR P/E BASED ON INTEREST RATESJust a different way to view S&P 500 valuations versus the standard look of looking at raw PE. Current yield of the 10 Year Bonds are used to calculate a fair value for the SPX. This is a methodology that Buffett uses to measure value. Recommend turning off most plots and just plotting PE and/or PE10 percent difference only. The "slope and intercept" inputs should be left alone unless you recalculate them with updated data. The "current PE and PE10" inputs can be found here: www.multpl.com This is a daily estimated value. The full calculated value is released once per month, and is what Quandl has. Change these numbers if you want today's updated values. Once you have the study set up the way you want, I recommend saving the defaults (bottom left corner in the settings screen).
Indicatore Pine Script®
di bigurb
5
Hullk Autobot HULLK AUTOBOT • Long entry positions • Profit targets • Stop loss targets Description The Fast Signal Line is an extremely fast and smooth moving average indicator, designed to eliminate the lag typically associated with traditional moving average indicators. When the price is trending upward the Fast Signal Line is colored light grey then turns orange when price is trending downward. How to Trade It is good practice to assess multiple timeframes to ensure you are mindful of the larger picture. The 15 minute and 4-hour charts are worthy of note. In addition to displaying the current macro trend, the Fast Signal Line can also be used for judging entries and exits from trades. Aggressive traders may choose to trade based on the first touch of the Fast Signal Line whereas conservative traders may wait for the signal line to be broken and established as a line of support or resistance before taking action. Indicator Configuration The Fast Signal Line’s display and colors can be changed by modifying the ‘Fast Signal’ options in the indicator’s style settings; Volume Line Description The Volume Line uses short-term historic volume data to determine the balance between demand and supply. When volume is supporting price the Volume Line is colored yellow then turns red when the volume is rejecting the price. How to Trade While the Volume Line can indicate support and resistance levels, it is best used to confirm bias when using the Fast Trend Line indicator to enter or exit trades and can also be used by traders for stop-loss or take profit entries. Indicator Configuration The Volume Line’s display and colors can be changed by modifying the ‘Volume’ options in the indicator’s style settings; Trend Line Description The Trend Line is a Weighted Moving Average indicator based on a fixed period and is used to identify the current trend of the market. When supporting the price, the Trend Line is colored green then turns red when rejecting the price. How to Trade Timeframes of 4H and above are best used to determine the current trends, while shorter timeframes can be used for entering and exiting trades when the trendline is turning in the relevant direction. Indicator Configuration The Trend Line’s display and colors can be changed by modifying the ‘Volume’ options in the indicator’s style settings; Whales Volume Line Description The Whales Volume Line uses long-term historic volume data to determine the balance between demand and supply dictated by large/institutional traders in the market. When volume is supporting price the Volume Line is colored yellow then turns red when the volume is rejecting the price. How to Trade While the Whale Volume Line can indicate support and resistance levels, it is best used to confirm bias when using the Fast Trend Line indicator to enter or exit trades and can also be used by traders for stop loss or take profit entries. Indicator Configuration The Whales Volume Line’s display and colors can be changed by modifying the ‘Whales Volume’ options in the indicator’s style settings; Trendline Direction Line Description The Direction Line is a Weighted Moving Average indicator based on a longer period than the Trend Line and is used to identify the current direction of the market. The Direction Line indicator is colored purple when the market direction is up trending and red when downtrend. How to Trade Timeframes of 4H and above are best used to determine current trend, while shorter timeframes can be used for entering and exiting trades when the trendline is turning in the relevant direction. Indicator Configuration The Trendline Direction’s display and colors can be changed by modifying the ‘Trendline Direction’ options in the indicator’s style settings; Channel Line Description The Channel Line is a Least Squares Moving Average indicator based on a fixed period and is used as a crossover signal to identify bullish or bearish trends ahead of traditional simple or exponential moving averages. The Channel Line indicator is colored cyan when the market direction is up trending and red when downtrend. How to Trade When the Channel Line changes to an uptrend along with a recovery in price, traders can use this as a signal to enter a long position. If the signal changes to a downtrend along with a fall in price, traders can use this to enter a short position. Indicator Configuration The Channel Line’s display and colors can be changed by modifying the ‘Channel’ options in the indicator’s style settings; Dip & Pop Signals Description Dip and Pop signals occur when the price is likely to make a counter-trend movement before continuing its direction. In a bullish trend, a Dip signal suggests that price will move down to test support before continuing, whereas a Pop signal suggests that price will move up. In a bearish trend, a Pop signal suggests that price will move up to test resistance before continuing, whereas a Dip signal would suggest price is likely to continue the trend. How to Trade Dip and Pop signals should be used as notification for preparation rather than a call to action as the price can move unpredictably during volatility. Indicator Configuration The Dip & Pop’s display and colors can be changed by modifying the ‘PoP’ & ‘DIP’ options in the indicator’s style settings; Entry & Exit Signals Description Entry and Exit Signals are indications of when to open and close trades but should be used in conjunction with other indicators to interpret their meaning. How to Trade While Entry and Exit signals can be interpreted as simple long and short entries, their meaning does change based on trend circumstance. An Entry signal is typically printed price is starting to see a positive reaction after a drop. When the Fast Signal, Trend, and Trend Direction lines are indicating an upward trend an Entry signal signifies a good place to enter a long or exit a short position. However, if the lines are not suggesting an upward trend then a long signal indicates that any long order should be exited as any new long orders in this scenario are risky as you would be opening a position at resistance. Likewise, when indicator lines are indicating a downward trend and an Exit signal is received this signifies a good place to enter a short or exit a long position. However, if the signal is against the trendlines then this is a riskier short into support. Indicator Configuration The Entry & Exit’s display and colors can be changed by modifying the ‘Entry’ & ‘Exit’ options in the indicator’s style settings; If you have any questions or are looking for access please send me a private message. Thx for your time and support
Indicatore Pine Script®
di AppTradingRobots
3
DMT 369 DRAGRONFLY StudyDragonfly Study version plus statistics panel Successful traders trade with a fixed plan and without emotion, but this a lot harder than many new traders think. Many never master this skill and suffer continual drawdowns on their accounts as they overtrade high leverage positions in volatile markets. ĐΜŦ Autobot resolves this issue by taking the human element out of the equation, allowing full automation of trades using TradingView alerts to trigger your favourite trading bot, such as Alertatron or 3Commas. Being a Trend Reversal Indicator based on Volatility & Average True Range , ĐΜŦ Autobot is designed to identify spots in the market that offer suitable scalp and swing trade opportunities. Due to popular demand we have expanded our ĐΜŦ Autobot product line to include the new ĐΜŦ Autobot Dragonfly 3-6-9 Edition which combines DMT with 3-6-9 Vortex mathematics, our Titan indicator and a multi-ladder scalping strategy to ensure you maintain a preferable average entry when price action moves against your position. Indicator View It its default state the DMT Autobot Dragonfly indicator displays key signal information, such as: • Support & resistance range lines • Titan Body Small & Large Time Frame lines • Long & Short entry positions • Long & Short position ladders • Profit targets Dragonfly displays a range between resistance (upper line) and support (lower line) on the chart. Once the price is granted support in the range the lower line will turn green. As price action develops it will make repeated attempts to test support. If support holds price will attempt to test the resistance line (red). When resistance is broken and the price is above the upper line, the line will turn blue confirming the bullish momentum and provide a potential buy opportunity. Price action will make attempts to test the upper line as support and will keep rising while support is granted. Once support is lost the upper line will become red once more. As price action develops it will make repeated attempts to test resistance. If resistance holds, the price will attempt to test the support line (green). When support is broken and the price goes below the lower line, the line will turn red confirming the bearish momentum and provide a potential selling opportunity. Price action will make attempts to test the lower line as resistance and will keep dropping while resistance is granted. Titan Body The Titan Body Small & Large time frame options in the indicator add additional trendlines to the chart to provide further clarity and confirmation to the Support & Resistance range indication. Once price is granted support by the Small Time Frame trend line the line will turn green. As price action develops it will make repeated attempts to test the Small Time Frame support. Once the price is below the Small Time Frame trend line , the line will turn red and can act as resistance in a trend reversal. When price is granted support by the Large Time Frame trend line the line will turn cyan. As price action develops it will make repeated attempts to test the Large Time Frame support. Once the price is below the Large Time Frame trend line , the line will turn orange and can act as resistance in a trend reversal. The Titan Body enabled and customized in the indicator’s style settings, Alert indicators DMT Autobot Dragonfly Edition generates signals that can be used to scalp trade a volatile asset. Signals are enabled and customized in the indicator’s input settings Additional options can be found in the options, but it is recommended that these are left at the default, as shown below. The indicator generates many Entry and Profit levels can be disabled or customized in the indicator’s style settings, Tradingview Alerts Using Tradingview alerts, DMT Autobot Dragonfly signals can be used to trigger a trading bot. To trigger a long or short position, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the long or short option. It is recommended that long or short positions are configured to trigger Once Per Bar Close Ladders can also be triggered using alerts. To trigger a ladder order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the appropriate Long or Short ADD option that is to be triggered by the relevant values defined in the indicator’s configuration. It is recommended that ladder orders are configured to trigger Once Per Bar, To trigger a take profit order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the Long or Short TP option that is to be triggered by the relevant values defined in the indicator’s configuration. Take profit orders can be configured as Once Per Bar Close or Once Per Minute. If you wish to trigger a take profit signal immediately when the indicator’s defined take profit value is achieved, then use the Once Per Bar option. Selecting Once Per Bar Close to generate a take profit signal is a gamble as the candle may close far away from the defined profit target – positive or negative. While stops can be used, they are not applicable to the recommended ladder strategy. Ladder Strategy The DMT Autobot Dragonfly indicator always turns an underwater position into a win by utilizing a ladder strategy. By using the recommended defaults, the indicator will trigger ladder orders at 3%, 6% & 9% using increasing order sizes, Order sizes increase exponentially to ensure a good average price is maintained. If you are not using DMT Autobot Dragonfly signals to trigger ladder or take profit orders, please ensure your trading bot is configured to recalculate the new ladder entry and profit target based on the new average position entry price as each ladder is filled. If you are using DMT Autobot Dragonfly on a leveraged asset, please ensure the leverage position is configured suitably so that your position is not liquidated if the price rapidly moves against you. If u are looking for more information or access to the script please private msg me in trading view chat thx for support
Indicatore Pine Script®
di AppTradingRobots
4
5 Magic Numbers + Extra DataAdditional Float Public Shares Percentage%. Easily getting data and making decision "FQ = FQ means the financial year of Latest Quarter Report Data" "FY = FY means the financial year of Latest Last Year Data" "TTM = TTM means the financial year of Latest past 12 consecutive months of a company’s performance data" Net Profit Y : FY Net Profit Qcurrent : FQ Net Margin Q (%) : FQ Total Shares : FQ Float Public shares : FY Market Cap : Current Value P.E.R < 10% : FY R.O.E Cap > 15% :FY Dividend Yield (%) :FY E.P.S X 8.1 < Current Price ( RM ) :TTM N.T.A < Current Price ( RM ) :FQ
Indicatore Pine Script®
di tradeviewchart2024
1
DisplayPriceMoveThresholds-by-STTAEnglish Name: DisplayPriceMoveThresholds-by-STTA - This study shows symbols in chart where a defined price movement percent threshold between a configurabele range of current bar and historic bar is exceeded. - This information can be used to backtest possible PUT and CALL strike distances for option trading. - User can configure if rising or falling or both price movements shall be displayed. - This study can be used with all symbols and all time periods. - A Extended functionality can be selected, where all price movements will be displayed in chart German - Dieser Indikator zeigt im Chart Symbole an, wenn der Preis bestimmte konfigurierbare Prozent-Schwellen zwischen zwei Kerzen mit konfigurierbarem Abstand überschreitet. - Diese Information kann beim Optionshandel nützlich sein, wenn passende Strike Abstände gewählt werden sollen. - Der Benutzer kann konfigurieren, ob steigende, fallende oder beide Preisrichtungen ausgewertet werden sollen. - Dieser Indikator kann für alle Symbole und Zeitperioden verwendet werden - Eine erweiterte Funktion kann ausgewählt werden, wo alle Preisbewegungen mit Schwellen als zusätzlicher Linienchart gezeichnet wird. Inputs - displayed triangle symbols above or below candle in chart window Settings/Parameter - Resolution: defines the resolution for calculation - Source: defines bar value as open, close, high, low - Direction: specifies price direction -- UP: evaluates only rising price movements -- DOWN: evaluates only falling price movements -- BOTH: evaluates rising and falling price movements -- ALL: evaluates rising and falling price movements; additionally plots all percentage values and thresholds as linegraph in chart - Up Threshold in %: Float value of rising price movement threshold in percent: Min Value:0.0 - Down Threshold in %: Float value of falling price movement threshold in percent: Max Value:0.0 Outputs - Up Threshold Exceeded: triangle symbol in chart above bar - Down Threshold Exceeded: triangle symbol in chart below bar - ALL Output: -- plot of all percentage values as linegraph in chart when Direction ALL is selected -- Line Up Threshold: plot of Up Threshold horizontal line in chart when Direction ALL is selected -- Line Down Threshold: plot of Down Threshold horizontal line in chart when Direction ALL is selected If you are interested to obtain access to this indicator, please send me a message via Tradingview or Signature contact data below this description Solltest Du Interesse für einen Zugriff auf diesen Indikator haben, sende mir bitte eine Nachricht über Tradingview oder meine Signatur Kontaktdaten unter dieser Beschreibung
Indicatore Pine Script®
di Trading-Software-Consulting
1
Real Value by AxbofReal Value is a measure of what an asset is worth. This measure is arrived at by means of an objective calculation or complex financial model, rather than using the currently trading market price of that asset. In financial analysis this calculation method is used in conjunction with the work of identifying, as nearly as possible, the underlying value of a company and its cash flow. By performing a calculation of the company's financials, however, the findings might show that the company is undervalued. In the end, however, any such estimation is at least partly subjective. The analyst compares the value derived by this model to the asset's current market price to determine whether the asset is overvalued or undervalued. In financial analysis, Real value by Axbof is the calculation of an asset's worth based on a financial model. investors should keep in mind that the Real Price Calculation Result is only an estimate. TÜRKÇE Yatırımcı olarak sizler, bu indikatör tarafından hesaplanan değeri, hissenin aşırı değerli mi yoksa düşük değerli mi olduğunu belirlemek için varlığın cari piyasa fiyatı ile karşılaştırmak için kullanabilirsiniz. Şirketin Net Varlık Değeri Hesaplanmakta (Kısa, Uzun Vadeli Borçlar ve Aktifler ile) ardından Şirketin Ödenmiş Sermayesi ile oranının hesaplanması ile oluşturulan bir modelidir. Hesaplanan Bu Değer, bir varlığın değerinin gerçek içsel ölçüsüdür. Bu ölçüme, o varlığın hali hazırda işlem gören piyasa fiyatını kullanmak yerine objektif bir hesaplama (mali ve finansal değerler) yoluyla ulaştım. Finansal analizde bu İçsel Değer hesaplama yöntemi, bir şirketin temel değerini ve nakit akışını mümkün olduğu kadar yakın bir şekilde belirleme çalışmasıyla bağlantılı olarak kullanılır. Bununla birlikte, şirketin mali durumunun bir hesaplamasını yaparak, bulgular şirketin değerinin düşük veya yüksek olduğunu gösterebilir. Yatırımcılar, İçsel Hesaplama Sonucunun yalnızca bir tahmin olduğunu unutmamalıdır.
Indicatore Pine Script®
di axbof
1
Price/Volume Value HistogramAn interesting implementation of mine to measure an asset changes based on asset price velocity and volume velocity. The indicator acts as asset value calculator. Long and Short. ==Points System Rules== UPTRENDING If Current Close is higher than previous Close and Current Volume is bigger than previous Volume: Adds Close Points and Volume Points Otherwise check If Current Close is higher than previous Close: Adds Only Close Points DOWNTRENDING If Current Close is lower than previous Close and Current Volume is bigger than previous Volume: Reduces Close Points and Volume Points Otherwise check If Current Close is lower than previous Close: Reduces Only Close Points ==Plotting== Result of the values are summed up to a histogram. Obviously on increasing prices and volume the histogram will be above zero line and on the Bullish side (green color), otherwise, on the Bearish side (red color). You can't cheat the price movement, it's just what it is. Optional to smooth it by EMA (set to true by default). Like if you Like and Enjoy! Follow for upcoming indicators.
Indicatore Pine Script®
di dman103
23
Rise from All Time LowThis very simple script lets you see how much the asset rose from the All Time Low (ATL). First, the ATL is calculated and plotted. Then, we measure the distance from ATL and current bar close. Two labels are plotted : ATL label Current close label with rise and rise It can be useful for penny stocks trading when you want to buy lows but must see how much the price rose last bars to improve entries. For example, SQBG is actually "only" at x 1.85 from ATL (not an advice in investment) : If you have ideas to complete or improve this script, let me know in comments ;)
Indicatore Pine Script®
di UnknownUnicorn4889556
1
Renko MTF - Traditional and ATRSomehow there aren't too many renko bars that have the traditional setting built-in so I put one up. This one has the option to choose between Traditional and ATR, the size number corresponds to the option that was chosen. And just in case if anyone wanted, I put up a multi-time frame option to choose the time frame the bars take place. D is for day, W is for week, flat numbers are in minutes, and leaving it blank looks at the current time frame the chart is in. The calculation comes from how Tradingview handles renko bars. Renko bars don't paint a color unless the market moves a certain amount based on its settings. When the market moves up it turns green, if it moves down it turns red, simple color changes alone can say a lot. They're a good way to try to find trends somewhat objectively and seem to be a good way to eliminate time and can replace other time-based indicators that can whipsaw or lag. The bars have a tendency to repeat themselves so it's a good way to find trends. There aren't too many settings for the box size, most people either just choose 5, 10, 14, etc where as other indicators have many options that differ on different markets. The numbers can be chosen easily enough to pick a sweet spot with just a single input where other indicators such as MACD have multiple inputs to pick the right number that can make it difficult to choose from(although it won't be as precise as a MACD would sometimes but can be worth the objectiveness and consistency and same setting repeatability in different markets in my opinion). Some example strategies could be to use them as an alternative trailing stop, finding trends, a simple color change for entry and exit on top of other strategies, etc. It can do the job of many in an all in one price action type indicator(although not better all the time, it can come close enough). Despite all this, it does seem to depend on which time-frame it's being looked at, how TV does the calculation for it, and how one can use this with the lack of practical information on it out there.
Indicatore Pine Script®
di SparkyFlary
18
ATR TRex [ipooya]To appreciate dear Mr.Khakestar efforts I have converted his mt4 ATR formula to pine script. All credits go to him. you can view the ATR result of each candle in the past: The first black number is the ATR of the M1 chart. The second black number is the ATR of the M5chart. The third black number is the ATR of the M15 chart. The fourth black number is the ATR of the H1 chart. The fifth black number is the ATR of the H4 chart. The sixth black number is the ATR of the Daily chart. The seventh black number is the ATR of the Weekly chart. **and the second number of every line is live ATR ( current ATR candle) What makes this ATR formula so different? This formula invented by Mr.Khakestar and it shows the power of the price to move in each cycle of the chart. We can use it in RTM strategy and Price Action trading. To learn how to use it you need to learn TRex strategy (Presented by Mr.Khakestart for free in Persian).
Indicatore Pine Script®
di ipooya
10
Backwards price projection - few bars ahead reverse chartEver wondered what the chart would look like if it's flipped upside down and flipped horizontally into the future? The idea is that when there is a trend, a repeating pattern tends to occur. Going backwards and projecting that movement into the future can supposedly show what the future price will be. Somehow I haven't found anyone try it like this and I am currently trying to find a way to use a reversed moving average or plot of some kind to project further ahead. TV at the moment does not allow offsets on candle plot(as far as I know) and I am only allowed a certain number of plots to go on the chart, so I put as many price moves ahead as I could to project the future price. It's a bit sloppy with all those forced plots but it gets the job done. I'll see if I can improve it with a moving average or something and possibly make a strategy out of it in the future.
Indicatore Pine Script®
di SparkyFlary
29