TRB (True Range Breakout) plots the current TR (true range) as well as the previous TR high over n periods. If the current TR is greater than the previous TR high, then the TR histogram will become red. Red signals high volatility. Enter trades only when the histogram is above the TR high line. Happy trading! 🥳
█ OVERVIEW Official release of VPR Grid, a mean reverting, trend discovering tool meant to protect capital and find high probability entries. What this indicator is meant to be used for: Mean reverting trades Entries or exits for either swing trades or scalps Traditional and cryptocurrency markets Low and high timeframe setups Sentiment checks ...
Get the percentage of previous candle price to current high candle price. This script will make your life easier to get percentage without you calculating it. Hope you enjoy the tool and let me know if there is any feedback or improvement request. Thank you very much. :D -------------------------------- Formula: Previous To High Percentage Per Candle =...
Gann Dynamic Square of 9 // ========================================================================// This script uses the same number series in the square of nine chart. Taking into considerations a high/low pivotal level of your choosing at $1/degree. It includes these degrees : ( 360, 315, 270, 225, 180, 135, 90, and 45 ) This dynamic square of 9 is...
The scripts places horizontal levels on your charts indicating the previous Daily, Weekly or Monthly OHLC values over the current timeframe. Slightly modified version of Nanda86's "Previous OHLC" script. I corrected a couple of bugs and added more control over colors and labels in general. I also removed the hourly OHLCs.
Change Channel is like KC unless it uses percentage changes in price to set channel distance. Midline is zero-lag smoothed ROC with dynamic period based on MA Streak indicator, if MA Streak shows an ongoing trend, midline going strong and break out the channel. Consider using ▲ green areas as a signal to buy and ▼ red areas as a sell signal. It works best...
This indicator shows WMA ribbons of the percentage of price movements. Strong peaks show unusual price movement and might indicate a good time to close your position. A narrow band shows stable price movement and could indicate a good time to get into a position. (Squeeze)
This script is a reboot of the relative volatility index that adds a smoothing factor to the indicator which eliminates a significant amount of the noise/signal ratio. The relative volatility index is defined as the following from tradingism.com: "Relative Volatility Index Definition The relative volatility index (RVI) was developed by Donald Dorsey, who truly...
Companion script for Squeeze Momentum Indicator that plots the signal on chart.
Script Modified from LazyBear Original TTM Sqz Script
This indicator essentially just finds reversal points on the graph, and labels them buy. Currently working on sell/close trade alerts. Strategy I have used a little bit with some success is entering a trade when it says buy, taking profit at 1% and setting a stop loss at 0.5%. On the 1 hour timeframe I do (still looking into backtesting to see accuracy of other timeframes.
For those who interested, here is a Bitcoin Strength Index source code. I used it on weekly chart with params (close,28). And only with Bitcoin . And only during bull run. It shows how far price went off the particular moving average during bubble run (i.e. being above BB). Weekly MA 28 is approximately daily ma 200. The physical meaning of this indicator is to...
TMcV HashSecRatio Original January,30,2021 The Hashrate to securities ratio is a study to get a view on data flowing through the blockchain and can be applied to any asset available in Tradingview. This indicator illustrates asset performance vs the moving average of BTC hash rate and accurately highlights price trend tops and bottoms allowing for excellent...
TMcV HashSecRatio Original January,30,2021 The Hashrate to securities ratio is a study to get a view on data flowing through the blockchain and can be applied to any asset available in Tradingview. This indicator illustrates asset performance vs the moving average of BTC hash rate and accurately highlights price trend tops and bottoms allowing for excellent...
Labeled Auto Fibonacci Retracament Levels. The color of fibo levels is green when the trend is upward and the color of fibo levels is red when the trend is downward. Also, you can see the highest and lowest values related with your period. Added the Convection Zone 886 the banks sweet spot. Source @borserman Mod @LaMonicaRobinson
Hello Traders, A very simple code aiming to help you size your position, according to the amount you're accepting to lose AND the current volatility ATR. Why is it important to use ATR size ? Markets move, and having fixed stoploss values will lead to getting stopped out in case of volatility increase. You also need to size down your trades in case of more...
Classic ROC just combined in 3 time frames, its for looking some divergences in different time frame
Set stop price and add-position price according to the cost and current ATR. You may set an alert with the condition when the stock price crossing down the Stop Price. Example: stock price: $150 volatility multiple: 2 current ATR: $3 stop price = $150 - $3 * 2 = $144 add-position price = $150 + $3 * 2 / 2 = $153