This indicator recursively finds the average of all high/low medians under your chosen length. This can be very, very helpful for analyzing trends where a moving average or a normal median would produce a bunch of false signals. Settings: The "Length" setting is the maximum median that you want the algorithm to add into the sum. The "Start at Period" setting is...
Bitcoin Realized Price is a metric that determines the value of all bitcoins in circulation by dividing the total purchase price by the number of bitcoins. This provides traders with the average cost basis for all bitcoins in circulation, which is also known as Realized Price. Unlike the current Market Price that reflects the current value of CRYPTOCAP:BTC ,...
This indicator plots 9 upper and lower lines with increasing length. Lines are 0.618 upper and lower level of Bollinger band.
This script can be used on various trading pairs and assets, including BTC/USDT, it has been observed to perform better on BTCUSDT due to its unique price behavior and volatility. The indicator is designed to identify potential support and resistance levels and generate buy or sell signals based on the relationship between price and a weighted average middle line,...
RDX Relative Directional Index, Strength + Direction + Trend. This indicator is the combination of RSI and DMI or ADX. RDX aims at providing Relative direction of the price along with strength of the trend. This acts as both RSI and Average Directional Index. as the strength grows the RSI line becomes wider and when there is high volatility and market fluctuation...
Similar to Bollinger Bands, this indicator uses standard deviations but from Adaptive Rebound Lines (See: 'ARL'). The adaptiveness of the 'ARL' is further affected by volatility and helps greatly in spotting the possible strength and direction of rebounds. All this information is presented with minimal lag thanks to the rebound qualities of the 'ARL' adapting to...
RiverFlow ADX Screener, Scans ADX and Donchian Trend values across various Timeframes. This screener provides support to the Riverflow indicator. Riverflow concept is based on Two indicators. Donchian Channel and ADX or DMI. How to implement? 1.Donchian Channel with period 20 2. ADX / DMI 14,14 threshold 20 Entry / Exit: 1. Buy/Sell Signal from ADX...
Supercloud is a MA based Trend Representation. Its different from a normal MA Cloud. Cloud starts from '0' level and rise or fall based on price. Supercloud is plotted based on the difference of the price movement between various MA's of different length. All MA's are plotted with reference to EMA 200. So when the MA's converge or Diverge or Bounce back we can...
Thanks For Ogirinal Source Script From mladen for Engulfing Script and @KP_House, @JusInNovel, @jdehorty for Dashboard and Indicator Original From X4815162342 MA TYPE Cross Edit For Forex Engulfing and HH LL Trading Style Let's Me Explain About This Indicator LightGreen Diamond "3Engulfing" is Bullish Confrim Engulfing 3 Candle LightRed Diamond "3Engulfing"...
Hello traders, I developed this indicator while working on a trading strategy using moving average slope and acceleration, and I found the concept interesting enough to share it. Let me briefly explain this indicator. ----About White Plot---- 1. Calculate the first derivative approximation at the current point of the Moving Average, and then calculate the...
Range Filter x Hull Suite This indicator is a hybrid of two popular indicators, with a twist; namely the Range Filter (Guikroth version) and the Hull Suite (by Insilico) . Originally developed as a 1 minute trend following strategy and traded during the New York Session for it's typically high volume / likely trending nature, it provides entry signals based...
This indicator uses multiple trendlines to determine the overall trend and trend changes. It also highlights areas of potential pullbacks to entry.
This indicator will take the value of any external source input and display how it has changed over time (the lookback period in settings). For the purposes of display here I'm using the WT1 line from Wavetrend with Crosses by LazyBear to provide a source input. The highest and lowest value of the source over the lookback period are used to determine the highest...
Planetary Channel Lines is an approach to financial astrology that involves using the positions of the planets to predict trends and patterns in the stock market. The idea behind planetary lines is that the positions of the planets in the sky at the time of a market event can significantly influence that event. The planetary lines approach involves mapping the...
This oscillator can be customized by adjusting the length of the Willy period, the length of Willy's EMA, and the upper and lower bands. The upper and lower bands help traders identify overbought and oversold conditions. The WillyCycle Oscillator is a technical analysis tool used to measure the momentum of an asset and identify overbought and oversold conditions...
This indicator is based on the work of @jdehorty and his amazing Nadaraya-Watson Kernel Envelope, which you can see here: General Description The Nadaraya-Watson Oscillator (NWO) will give the same information as the Nadaraya-Watson Envelope, but as an oscillator off the main chart, by plotting the relationship between price and the Kernel and its bands....
Traffic Light Signal (TLS) is simple and most easy setup to trade. How The Traffic Light Signal Works ? First You have to find a Green and red candle pair or red and green candle pair then mark there highest high and lowest low with the help of line tool. if High breaks go for Buy and when low breaks go Sell. Avoid Doji candle Pair to get better result....
The "God's Little Finger" indicator uses several technical analysis tools to provide information about the direction of the market and generate buy/sell signals. These tools include a 200-period exponential moving average (EMA), Moving Average Convergence Divergence (MACD), Bollinger Bands, and the Relative Strength Index (RSI). EMA is used to determine if prices...