This is a momentum indicator , utilizing Volume Weighted Moving Averages (VWMAs), Average True Range (ATR), and Fibonacci Levels. This indicator can be used in most, if not all, financial markets. I have personally found it to be most useful in mid or large cap stocks, index funds, and cryptocurrencies in the top 25 by market cap. I have not tested this indicator...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- I would like to take the time to explain the indicators needed for trading among the two indicator formulas previously disclosed. The HA-MS indicator is an indicator created using the Heikin...
soory for spaling not an english native speaker this script is an extended version of MFI i add it mfi ema vol and a verion that calc the MFI with smooth ma ema-vol also the src for calc can be change now thc code is open to explore for any use enjoy.
This aproach shows how to execute diffrent MAs with diffrent lenghts conditionaly with only one MA function call. Current method allows to swap inputs of functions on the fly, but due to pinescript limitations calculation is slow. Publishing this script like an indicator not a libriary because i am working on better calculation method that can be evaluated, also...
This PRX Indicator includes all the elements necessary to run the PRX Trading System or to incorporate any of its elements into your own analysis and we’ve made it available here for those that want to use the same tools that we use ourselves. The primary concept is the identification of trends by way of a customized PSAR (Parabolic Stop and Reverse) calculation...
This is a band based on Z Score. What is Z Score? In layman's terms it's a method of finding outliers within a sequence of numbers. It's highly effective to quantify pump and dumps in the crypto market. The middle line is a simple Exponential Moving Average, you can configure this with whatever period you prefer. It comes default with a period of 247 to...
The Centered moving averages tries to resolve the problem that simple moving average are still not able to handle significant trends when forecasting. When computing a running moving average in a centered way, placing the average in the middle time period makes sense. If we average an even number of terms, we need to smooth the smoothed values. Try to describe it...
This indicator is built with the purpose of keeping things simple and user-friendly. It is a custom formula I developed lately and it signals pretty accurately changes of direction in the price. Added an Alert option to it lately - with customizable...
This idea is only for fun and learning purposes only. The strategy represents 2 simple math formulas that are very simple. the "Fibo Formula" and the "EMA Formula" Please see source code for reference I Feel like coders can learn a lot about developing strategies using this source code This is to show that there is unlimited amount of variables and factors to a...
Volume percentrank Volume normalized by percentile. The indicator calculates the percentile of the trading volume . The volume in the base asset or quote asset can be selected as data. To calculate the volume of a quoted asset, the closing price or another standard method for calculating the price of a bar can be used. A feature of percentile calculation with a...
This script is 2 in 1 indicator. 1. Multi Timeframe EMA Labels - This label indicator shows labels for EMA stacked up or EMA stacked down or EMA in sideway trend. - EMA used in this script is EMA 8, EMA 21, EMA 34 and EMA 55. - If the EMA 8 line is above EMA 21 line, and EMA 21 line is above EMA 34 line, and EMA 34 line is above EMA 55 line ( EMA STACKED UP) = the...
This is an interesting take on the stochastic oscillator. What I have done here is I've taken the cumulative sum of the deltas of all the simple moving averages from 1 to 200 and summed them. Next I transform this into a stochastic oscillator with ta.stoch. The point of this is to show you trends, tops and bottoms. I hope you find this indicator as interesting as...
––––History & Credit The credit to this indicator goes to Stan Weinstein, the father of Stage Analysis. By studying his books and methods he has disclosed the exact way of calculating the Momentum Index that is being used by him and his team in order to gauge the market. –––––What it does The indicator falls into the category of technical indicators used by...
This indicator (Ostinated Adjustable Fractal with Alert) is like the traditional William Fractals. However, it created to overcome two disadvantages of the William Fractals: 1. Set minimum value to 1. This a big advantage over traditional William Fractal that has a minimum value of 2. 2. Alerts: setting alert with the traditional William Fractal is very...
Trend Slope Meter This indicator measures the slope of the trend defined by a moving average or an external source. The slope is calculated by the change of price in ticks for a defined number of bars divided by the number of bars. Settings Source - Default: close price. Used to calculate the moving average as basis for slope measurement. Can be an...
Level: 3 Background Kaufman’s Adaptive Moving Average ( KAMA ) was developed by American quantitative financial theorist Perry J. Kaufman in 1998. Function This is an improved KAMA trading system with my customized algorithm.You can use KAMA like any other trend-following indicator, such as a moving average. You can look for price crosses, directional changes...
Closing candle takes any input and turs it into a candle stick chart. You can go from a regular candle chart by setting the length to 1, to heikin ashi by setting the length to 4. One of the features of this scripts is the ability to reuse the function. This function is a great addition to most scripts as it makes it really easy to give your script a candle view....
This indicator shows inducement / stop hunts accompanied by volume spikes. The idea is inspired by ICT (Inner Circle Trader) concepts where price is always seeking "liquidity" by reaching for trivial pivots where the average retail trader would put their stop loss. When price seeks these levels and stops out these traders, you might expect an influx of volume due...