VWAP with FIB range JayyThis is sandbox experiment. The script creates bands around the VWAP based on the opening range on an intraday chart (adjustable in the format section) using fibonacci multipliers (mostly): .236, .382, .5, .618, .786, 1, 1.27 and 1.618. I have not built much flexibility into the script so this is very much an alpha script. Something new for Pippin and Kipp.
Cerca negli script per "range"
SFX Trend or RangeA remarkably simple but very useful indicator. Earlier and clearer signals than ADX or VHF. More positive ranging signal than any other indicators.
Aqua = ATR
Orange = StdDev
Red = Smoothed Moving Average of the StdDev
Usage:
Any pair, any time frame. Best used on majors and M15 period or higher
Orange breaks above Red when below Aqua = Trend building
Orange breaks below Red when above Aqua = Trend exhausting
Orange below Red when below Aqua = Ranging/Sideways market
ATR%, ATR Timer and Range Expansion signalThese 3 indicators can be really useful.
The usage is fairly straightforward, if you understand price action, having an statistical edge like these provide can be useful.
Refer to Tim West's charts to learn more about range expansion bars.
The idea for the Atr% and Atr timer come from discussions I had with Yacine Kanoun, props to him for his contribution.
[RS]MTF Donchian Range Wave Sync V1EXPERIMENTAL: using Donchian channels with diferent lengths to extract multiple time frame's to extract price in range rates. the title may be a tiny bit misleading tho -_-''
update: reversed colors, joined the line zone space to make the waves visually stand out more.
Average True RangeThe Default Average True Range doesn't appear to be accurate, not sure why. Rewrote it, hopefully it works better for everyone than the original.
[RS]Dolchian/Bollinger Hybrid V0EXPERIMENTAL: trend and range analysis using dolchian and bollinger channels methodology merged into one, possibly it can be used to extract 3d depth of market :p
Average True Range Trailing Stops Strategy Average True Range Trailing Stops Strategy, by Sylvain Vervoort
The related article is copyrighted material from Stocks & Commodities Jun 2009
Range_Outlier_ActionThis identifies Buy and Sell Points once the period high breaches the SMA High and period low breaches the SMA Low. It produces profitable results greater than 87% of the time. You should still monitor and set up stop-losses as appropriate.
CRT Hourly/15m dividers and opensRange Separator is a unique tool designed to help traders visualize critical price levels and ranges on their charts. This script employs the innovative concepts of "Candles Are Ranges" and the "Power of 3 (PO3)" to enhance trading strategies by marking key time intervals and price levels.
What the Script Does:
Hourly Lines:
Automatically draws vertical lines at the start of each hour.
Provides an option to display only the current hour's line for a cleaner visual.
Allows customization of line color, width, and style.
15-Minute Lines:
Adds vertical lines at 15-minute intervals to highlight smaller time ranges.
Includes an option to draw horizontal lines at the 15-minute interval prices.
Offers customization for line color, width, and style.
Horizontal Lines:
Draws horizontal lines based on the opening, high, or low price of the selected timeframe.
Customizable options for line color, width, and style.
How the Script Works:
Candles Are Ranges: Each candle represents a price range (OHLC) on any timeframe. The script visually emphasizes these ranges, helping traders understand price action better.
Power of 3 (PO3): This concept divides price delivery into three stages: formation, turtle soup (stop hunting), and distribution/expansion. The script marks these intervals, aiding in identifying potential key levels for entries and exits.
How to Use the Script:
Adding the Script:
Apply the script to your chart and adjust the settings in the input menu.
Customize the appearance of hourly and 15-minute lines to suit your preference.
Analyzing the Chart:
Observe the hourly lines to determine higher timeframe biases.
Use 15-minute lines to identify more granular price movements.
Pay attention to horizontal lines that mark significant price levels based on your chosen criteria (open, high, low).
Trading Strategy:
Combine the script's visual aids with your understanding of the "Candles Are Ranges" and "Power of 3" concepts.
Use these visual cues to make informed decisions about potential entry and exit points.
What Makes it Original:
Integration of Candles Are Ranges and PO3 Concepts: Unlike traditional scripts that merely plot lines, this script uniquely integrates two powerful trading theories to provide a comprehensive view of price action.
Customizable Visual Aids: Offers extensive customization options for line colors, widths, and styles, allowing traders to tailor the script to their specific needs.
Enhanced Timeframe Analysis: By marking both hourly and 15-minute intervals, the script provides a detailed view of price ranges across multiple timeframes, enhancing the trader's ability to make informed decisions.
- Key script Parameters
Show Hourly Lines: Toggles the display of vertical lines marking each hour.
Hourly Lines Color: Sets the color of the hourly vertical lines.
Hourly Lines Width: Chooses the width of the hourly vertical lines (1, 2, or 3).
Hourly Lines Style: Selects the style of the hourly lines (Solid, Dashed, or Dotted).
Horizontal Line Color: Defines the color of the horizontal lines drawn at hourly intervals.
Horizontal Line Width: Determines the width of the horizontal lines (1, 2, or 3).
Horizontal Line Style: Sets the style of the horizontal lines (Solid, Dashed, or Dotted).
Horizontal Line Start Price: Specifies which price (Open, High, Low) the horizontal lines will start from.
Show Current Hour Only: Limits the display to only the current hour's horizontal line.
Show 15-Minute Lines: Toggles the display of vertical lines marking each 15-minute interval.
15-Minute Lines Color: Sets the color of the 15-minute vertical lines.
15-Minute Lines Width: Chooses the width of the 15-minute vertical lines (1, 2, or 3).
15-Minute Lines Style: Selects the style of the 15-minute lines (Solid, Dashed, or Dotted).
Show 15-Minute Horizontal Lines: Toggles the display of horizontal lines at 15-minute intervals.
15-Minute Horizontal Lines Color: Defines the color of the horizontal lines drawn at 15-minute intervals.
15-Minute Horizontal Lines Width: Determines the width of the horizontal lines (1, 2, or 3).
15-Minute Horizontal Lines Style: Sets the style of the horizontal lines (Solid, Dashed, or Dotted).
Important Notes:
- Credit to @Yazdanian and his basic "Hourly separators" indicator that plots a simple vertical line every hour which provided the idea for this version and expanded on
- This script is designed to complement your trading strategy by providing visual aids and should be used alongside other technical analysis tools.
It is not intended to issue buy or sell signals but to help you understand price ranges and potential key levels.
Disclaimer: The script is provided as-is, and the authors are not responsible for any trading losses incurred using this script. Always perform your own analysis and use proper risk management.
Ranging DetectionRange detection study v 0.1
Trying to find ranges on price charts. looking at H1 on EURUSD, the indicator will mark a line at the low and high of the last 10 candles, and mark the background grey if it detects a range - defined by how many candles since last high/low (default 3)
Range: OHLC vs Previous OHLCThis will plot your choice of OHLC (or any of the averaging choices) of the current candle compared to the previous candle.
For example if you choose "high" for the input and set the chart to daily, you'll see the currently daily high vs the previous daily high.
Green candle represent a higher high and the length of the candle represents how much higher.
Red candles represent a lower high than the previous day and the length is by how much lower.
This indicator is pretty straight forward, look for me to build on this with something a little more elaborate in the near future.
Range supply and demandHi all!
This is a very simple indicator. It plots the high timeframe (configurable via the "Timeframe" setting) high/low current timeframe bars (that has the same high/low as the higher timeframe) as supply/demand. The higher timeframe bar that's chosen is the one that's next last. As of now one high and one low zone is plotted.
The defaults are based on useful zones when on daily candles.
You can choose to display the higher timeframe within the zone via the "Show" option.
Hope this is clear enough, let me know otherwise.
Best of luck trading!
Range Level [plx]This indicator automatically draws Fibonacci levels based on your selected timeframe: Monday, Monthly, or Quarterly.
For instance, if you choose Monday, it plots Fibonacci levels (0, 0.25, 0.5, 0.75, 1) based on that day's candle. You can also opt to display titles on the top right of each line for clarity.
Additionally, it offers the feature to show a dashed line between levels for easier visualization of the midpoint.
Designed for educational purposes.
Nadaraya-Watson Envelope: Modified by YosietRange Filter indicator based on the LuxAlgo Nadaraya-Watson Envelope () indicator adding the SMA 30 high and SMA 7 low to predict the changes of the trends lines price.
WARNING: This indicator, as the same as the original, repaints the chart and could affect the exact values of the prices.
SMA Low 7 was identified using tensorflowJS years ago as accurate and abstract rsi indicator
SMA High 30 was identified using tensorflowJS years ago as accurate and strong trend line
This two SMAs were added to the original indicator Nadaraya-Watson to predict the exact points where the price will change direction or will re-test the trend to continue on.
The signals will act as the Williams Fractals, replacing the original signals of the indicator.
For those ICT/SMC traders, the bands and SMAs can toggle off in the settings of this indicator.
SETTINGS
Can set the source of the UPPER band indivuadilly
Can set the source of the LOWER band indivuadilly
Can toggle the visibility of the bands, this will not affect the calculations
Can toggle the visibility of SMAs
ALERTS AND SIGNALS
When the SMA LOW 7 cross under or over the bands, will trigger a signal orange
When the SMA 30 High cross over the upper band, will trigger a short signal purpple
HOW TO USE IT
If the both signals appears (sma 7 low and sma 30 high) crossing the upper band at the same point, this means that the price will drop strongly.
If the sma 7 low cross signal (orange triangle) appears under the price and lower band, means that the price will go up.
The separation of the signals from the chart will suggest the force of the movement. While more distance be, strongest reaction of the price.
DISCLAIMER : This indicator or script does not imply or constitute financial advice, investment advice, trading advice or any other type of advice or recommendation by and for TradingView. Use it at your own risk and your own decision.
Range Based Signals and AlertsThis script produces a compiled version of rule based signals that is meant to be used mainly on 5 Min timeframe based on daily(as default) Highs and Lows on average and the main purpose is to give user settings to change and adapt based on their needs and make it as adjustable as possible. This entry strategy idea does not belong to me but for TV's in-house rule reasons i can't disclose whose idea it is but i think people that will use this indicator will know who the original idea belongs to.
Rules used for signal production:
- Daily(As default) High-Low points
- Moving Average for detecting reversing of price
- MTF MACD (Daily as default) for detecting overall trend
Signals produced based on extensions of price out of daily zones and when they drop or rise back into moving average. A conditional checker is used for reducing repeated unnecessary signals and alerts.
Happy trading.
Range Filter - B&S Signals - 001 - edited I have not description. Publishing so a freind can use it.
Range filter v1The original design here I change the calculation to try to make it more correct
alerts taken from Xavi alerts model of the original
can be use as filter or by its own
Range Action Verification Index (RAVI) Backtest The indicator represents the relative convergence/divergence of the moving
averages of the financial asset, increased a hundred times. It is based on
a different principle than the ADX. Chande suggests a 13-week SMA as the
basis for the indicator. It represents the quarterly (3 months = 65 working days)
sentiments of the market participants concerning prices. The short moving average
comprises 10% of the one and is rounded to seven.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Range Action Verification Index (RAVI) Strategy The indicator represents the relative convergence/divergence of the moving
averages of the financial asset, increased a hundred times. It is based on
a different principle than the ADX. Chande suggests a 13-week SMA as the
basis for the indicator. It represents the quarterly (3 months = 65 working days)
sentiments of the market participants concerning prices. The short moving average
comprises 10% of the one and is rounded to seven.
WARNING:
- This script to change bars colors.
