This indicator, developed by Melvin E. Dickover, calculates the difference between the volume and its simple moving average, but expressed as a ratio in standard deviations. The plotted bars become green when the volume is unusually large (configurable).
A modified version of the MACD indicator. As its name suggests, this is a moving average crossover indicator but the difference in values between moving averages is represented by a histogram. It subtracts the value of a fast MA and slow MA then the result is represented in a histogram which makes it easier for you to identify and visualize every moving average...
This is a useful indicator which allows you to plot multiple fully customized Moving Averages. Here are some of its features: Ability to fine-tune a wide variety of moving averages: smoothing type, periods, offsets, timeframes, sources, thickness, line/label color and text color. Descriptive labels to avoid misreading. Simple and well-organized Input Tab.
This is a useful indicator which allows you to plot multiple common predefined Moving Averages (Ema and Sma). Here are some of its features: Ability to quickly display many common EMAs and SMAs. Multiple timeframes. Descriptive labels to avoid misreading. Simple and well-organized Input Tab.
USDT dominance charts are rare to find as almost everyone is fixated on BTC dominance. Bitcoin dominance gives us insight into investors' preferences when they have a choice between BTC and thousands of altcoins. This oscillator gives insight into the state of the coin market. When people exchange their digital currencies like BTC and Altcoins for USDT, there is...
█ OVERVIEW Maybe another version of the Bears Bulls indicator, but with a unique interpretation on the scripts found here on Tradingview. Again, this indicator is not meant to be used alone but as an entry/exit confirmation with other indicators. █ CONCEPTS Using a modified version of the WMA indicator, the LWMA , this indicator will work similarly to the...
█ OVERVIEW TASC's May 2022 edition Traders' Tips includes the "Relative Strength Moving Averages" article authored by Vitali Apirine. This is the code implementing the Relative Strength Exponential Moving Average (RS EMA) indicator introduced in this publication. █ CONCEPTS RS EMA is an adaptive trend-following indicator with reduced lag characteristics....
This script is useful to see correlation between macroeconomic assets, displayed in different ema line shown in percentage to compare these assets on the same basis. Percentage will depend on the time frame selection. In the higher timeframe you will see higher variation and in small timeframe smaller variation. You can select the timeframe who suit your...
This is combo strategies for get a cumulative signal. First strategy This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. Second strategy This histogram displays (high-low)/close Can be applied to any time frame. WARNING: - For purpose educate only -...
Rationale The rationale behind this indicator is that: when the price of an asset reaches an extreme, regardless of the trend, there is a (maybe not equal but) opposite reaction. Settings The default settings will not be the best for whatever timeframe you choose. I personally believe a longer than 'normal' JMA Length is best. JMA Source: The source in...
This MACD system was originally conceptualized by Jurik Research and made public to the world on their website . The indicator consists of the faster Jurik Moving Average ( JMA ) and the slower Double Weighted Moving Average (DWMA). A long signal (green dot at the bottom) is shown when the JMA line crosses above the DWMA line (indicating a possible reversal in...
This crossover system was originally conceptualized by Jurik Research and made public to the world on their website . The indicator consists of the faster Jurik Moving Average (JMA) and the slower Double Weighted Moving Average (DWMA). A long signal is shown when the JMA line crosses above the DWMA line (indicating a possible reversal in trend). A short signal...
Description This indicator is an entry-level script that simplifies volume interpretation for beginning traders. It is a handy tool that removes all the noise and focuses traders on identifying potential smart money injections. Uniqueness This indicator is unique because it introduces the principle of a moving average in the context of volume and then...
JNSAR: Take Last 5 days, 5 periods High, Low and Close EMA. We shall have 15 such EMAs. Its average is JNSAR. EMAs: Plot High and Low EMAs for the 5 periods. If close is above high EMA, fill the band with green color, if close is below low ema, fill the band with red color. If close is between high and low EMAs, fill the band with grey color. ...
Concept: There are a large number of moving averages available. However, they are effective differently. Trends confirmation and follow through requires a large number of moving averages to be used differently. The concept here is to generate a combination moving average, each MA type can be weighted to provide a higher degree of confirmation of trend. The...
EMA (Exponential moving average) often acts as dynamic support and resistance and trend detector and the further price is away from ema the more it has chance to reverse, hence percentage levels gives a range to exit your trades. *choose your favourite timeframe and EMA length , alter percentages as you wish to generate Take profit levels thank you.. Happy Trading.
I was watching some videos about price action and saw one covering the behavior of institutions and how it is agressive and defensive in some level of percentage of changing in price. Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels. In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144...