This divergence indicator can track the correlation between one or more symbols. I use it to track the divergences between the VIX volatility index, gold, bonds, as well as other market leading indicators. When using with Vix, lower coefficients can lead to false signals. When in a high vix bear market signals, there is more noise and more false (or missing)...
Simple MA envelopes, but the distance which the MA is projected is dependent on ATR. User chooses MA length, ATR length. Additionally, there is a multiplier which can be used to project the bands additional X amount of ATR.
I like to look at volatility in percentage and not in numbers. This is exactly what this script provides. It calculates the true range of a candle in percentage to the current price (for finished candles it uses it's close price). The script also allows you to compare open and close prices.
The Average Direction Index (ADX) coupled with the Direction Movement Index (DMI), developed by J. Welles Wilder, is a popular indicator that measures trend direction and strength. The AX line (blue) is used to show the strength of the current trend. It does not tell you the trend direction. The under laid histogram shows relative movements of the price with...
Works best on the Daily time frame and up as any lower and signals get more noisy. If you are looking for more lower time frame signals I have a LTF version here: This indicator uses multiple EMA's, a few SMA's, Kumo, and TK/PK Cross to determine when to print signals.
Alternative Keltner calculation using NWMA
Experimental attemt of applying Logistic Map Equation for some of widly used indicators. With this study "Awesome Oscillator (AO)", "Rate of Change (ROC)", "Relative Strength Index (RSI)", "Stochastic (STOCH)" and a custom interpretation of Logistic Map Equation is presented Calculations with Logistic Map Equation makes sense when the calculated results...
ATR Percentile shows you the percentile that the current ATR is at relative to it's previous values. There are 3 parameters: ATR length, Percentile length, Percentile level. This is indicator is very interesting because it's based on an indicator that originally doesn't generate signals. When the current ATR's percentile is higher than the Percentile level, the...
Hello Traders, Here Double Zig Zag with HHLL script is with you. it calculates 2 Zig Zag simultaneously and draws them, and also it calculates and puts Higher High, Lower Low, Higher Low, Lower High labels. All these are done dynamically, it means last HH/HL/LL/LH can change. if price continues to go up then HL can turn to LL or if price continues to go down...
Bid volume calculation from average volatility On label (top to bot): Percents - averaged by moving in timeframe resolution Cash - selected risk volume in usdt Lots - bid volume in lots wich moving in Percents with used leverage is Cash U can switch on channels to visualise volatility*2 channel or stakan settings
Does your oscilator give exit signal on time? Mine does. However worst the idea is, I had to come up with a horcrux plan :P Concept is as below: I use 7 standard deviation Bollinger bands to identify which level current price is in. Standard deviations used are from 0.5 (lowest level) to 3.5(highest level) with 0.5 step . This creates overall 16 levels...
This indicator is an on-chart version of my other indicator called Probability of ATR Index (PAI) that was published on October 16th 2020. PAI is an indicator I created that tells you the probability of current price moving a specified ATR distance over a specified number of periods into the future. It takes into account 4 variables: the ATR & the standard...
This is the standard Bollinger Bands Width (BBW) indicator with the added capability of detecting the "Bollinger Bands Squeeze" as defined by John Bollinger: The BBW squeeze happens when BBW < all BBWs of the past 125 intervals. Whenever a BBW squeeze occurs, this means there is low volatility. A low volatility period is almost always followed by high...
I added a bollinger band to rvi, so we know the upper and lower limits of rvi, and in my opinion the results are satisfactory, When rvi is below the lower bollinger the indicator will change color to green which indicates a buy signal and vice versa, But we also have to be careful with changes trends, volume analysis will be helpful for determining the bottoms...
Strategy built based on earlier published indicator: Looks to be doing good for short term swing trades. But, I am not sure if there is repainting. I tried to avoid buy/sell trades on same day - but wasn't successful. So far back-tested on following: COINBASE:BTCUSD - works on both long and short CURRENCYCOM:GOLD and equities - long only. Some of the...
Candlesticks made from Bollinger %B of high, low, open and close. Input parameters are explained below: BBLength : Bollinger band periods. Standard deviation is hardcoded as percent B scale does not change with standard deviation. UseMovingAverage : Candles are formed on moving average of Bollinger Percent B instead of absolute values. Moving...