OVERVIEW The Average True Range Moving Average (ATRMA) is a technical indicator that gauges the amount of volatility currently present in the market, relative to the historical average volatility that was present before. It adds a moving average to the Average True Range (ATR) indicator. This indicator is extremely similar to the VOXI indicator, but instead of...
Bollinger Bands are mostly used for trend reversal. I believe they should be used for Trend Continuation and Trend Confirmation. In this Trending Bollinger Bands script you will see two bands drawn on chart. The Upper band is suggestive of Uptrend and Lower Band is suggestive of Downtrend Market. It just provides the guidance of where the market is now and...
█ OVERVIEW This is a screener script for the Donchian Channel indicator . It's an excellent indicator for trend following, a trading strategy which tries to take advantage of long, medium or short-term moves that seem to play out in various markets. █ DESCRIPTION The screener works by scanning through up to 10 symbols and list down symbols that are currently...
Based on oryginal TV indicator BUT with a little twist. ;) I really like the regression channel - but the problem is that the length needs to be always manually adjusted. In this script I try to solve this issue. This is modified version on TV indicator - Linear Regression Channel. The main difference is that now you don't get static length - it is...
8X Trend ATR SAR Dingue V5 - This is the updated version for Pine Script 5. 8x indicator into 1 : 2x ATR indicator - 3x Trend indicator - 3x SAR indicator Trends are helpful to spot reversal and support resistance, especially on bigger time frames. This indicator gives you a global view of various trends all at once. You can easily turn them On or Off as to...
Before I begin, here is a disclaimer: None of this is financial advice, and I'll recommend you to do your own research or talk to your financial advisor, if you want to use this. And also make sure you understand the risks properly before taking any trades. This particular indicator is a work of experiment, and I am publishing the optimized code. Please leave a...
Hello All, I am here with a new idea and script, " Zigzag Waves ". This indicator creates 3 Zigzags with different lengths, keeps the lengths of each zigzag wave and calculates/draws average waves for each zigzag. optionally it can reset the wave when zigzag direction changes and new highest/lowest found. And optionally it draws Exponential Moving Average(EMA)...
Rate Of Change Percentile calculates the current ROC (user defined length) as a percentile rank. We use 2 separate arrays, one for all positive ROC values and one for all negative values within a defined lookback period. Then the current ROC value is compared to those arrays to find it's percentile ranking. For example, a ranking of 75 means the ROC is in the...
Hello All, High-Low Index is a breadth indicator based on Record High Percent (RHP). RHP is based on new 52-week highs and new 52-week lows. RHP => 100 * (new highs) / (new highs + new lows). High-Low Index is a 10-day Simple Moving Average of the RHP, which makes it a smoothed version of RHP. You can find many articles about High-Low Index on the...
a simplified turtle trading based on donchian channel (for long only)
EneX is signal that give recommendation signals for entry and exit on spot market. This indicators not suitable for leverage trading in futures market. EneX signal consider several indicators and has entry and exit rules. EneX signal is suitable for investors who believe in trend following strategy (disclaimer on). This script composed by Yohan Naftali for...
Hello All, This script gets OHLC values from any security and Higher/Same time frame you set, then creates the chart including last 10 candles. it shows Symbol name, Time Frame, Highest/Lowest level of last 10 candles and Close Price at the right side of the chart as well. Closing price text color changes by the real-time candle of the related symbol and time...
This indicator is a combination of moving average and ATR indicators. The indicator stays pretty close to price and at the same time shows clear trend of asset/stock. It shows you when price is above the FantailVMA it indicates an uptrend and when price is below it indicates a downtrend otherwise. Hope you find this indicator useful! Happy trading..
Hello All, In Elliott Wave Theory, 3rd wave is not the shortest one in the waves 1/3/5 and it's usually longest one. so if we can catch it then we may get good opportunities to trade. This script finds 3rd wave experimentally. it can be also the 3rd waves in the waves 1, 3, 5, A and C. the 3rd wave should have greater volume than other waves, the script can...
This is standard EMA script available on Trading View and i have just added ability to add a channel based on standard deviation. In addition to it you can enable/disable optional lines from options and it would add 50% levels of upper and under channel. I added 50% as it provide important price levels if you have right settings selected for channel factor.
This moving average uses a gradient function which calculates the number of advances/declines of the moving average to change the intensity of the colors, meaning a longer trend in either direction will show a stronger color. You can choose 3 colors to build the gradient: a bullish, bearish & neutral/transition color. The number of steps chosen will change the...
™TradeChartist MA Visualizer is a Moving Average based indicator aimed to visualize price action in relation to the Moving Average in a visually engaging way. =================================================================================================================== █ MA Visualizer Features 11 different Moving Averages to choose from the settings...
Donchian channels were developed by Richard Donchian, the father of trend following. The two outer bands are plotted as the highest high and lowest low for a set period of time. In the FiboDonchian, the channel is divided into 3 zones according to Fibonacci levels: 0-0.382 (Bullish Zone) 0.382-0.618 (Neutral Zone) 0.618-1(Bearish Zone) These levels will usually...