The AI Channels indicator is constructed based on rolling K-means clustering, a common machine learning method used for clustering analysis. These channels allow users to determine the direction of the underlying trends in the price.
We also included an option to display the indicator as a trailing stop from within the settings.
The Fibonacci Structure & Trend Channel (Expo) is designed to identify trend direction and potential reversal levels and offer insights into price structure based on Fibonacci ratios. The algorithm plots a Fibonacci channel, making it easier for traders to identify potential retracement points. Additionally, the Fibonacci market structure is plotted...
The "Fibonacci Ranges" indicator combines Fibonacci ratio-derived ranges (channels), together with a Fibonacci pattern of the latest swing high/low.
The indicator draws real-time ranges based on Fibonacci ratios as well as retracements. Breakouts from a Fibonacci Channel are also indicated by labels, indicating a potential reversal.
The TrendCylinder is a dynamic trading indicator designed to capture trends and volatility in an asset's price. It provides a visualization of the current trend direction and upper and lower bands that adapt to volatility changes. By using this indicator, traders can identify potential breakouts or support and resistance levels. While also gauging...
This indicator overlays a heatmap on the price chart, providing a detailed representation of Bollinger bands' profile. It offers insights into the price's behavior relative to these bands. There are two visualization styles to choose from: the Volume Profile and the Z-Score method.
Volume Profile: This method illustrates how the price interacts...
Based on version by leojez.
Adds a 3rd standard deviation level.
Twice as fast as original version.
Refactored and simplified source code.
HOW TO USE
Load your chart
Adjust the timeframe and zoom of the chart so that the trend you're interested in is in view.
Add the indicator
Use the measuring tool to measure the number of bars from the...
There are two bands calculated with the ATR and I added "Smoothing" into the script.
Smoothing ATR with multiplier can display two bands above and below the price.
We can ONLY find some ATR bands in Community Scripts with "Basic" setting which is used to set Stop Loss.
And yet , Smoothing ATR with multiplier is capable of making traders manifestly recognize...
Range 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...
We present a customizable MACD indicator, with the following features:
Deviation bands to spot unusual volatility
9 Moving Average types
Conditional coloring and line crossings
👉 What is MACD?
MACD is a classic, trend-following indicator that uses moving averages to identify changes in momentum. It can be used to identify trend changes,...
The MTF Fair Value Gap (FVG) indicator provides multi-timeframe options to observe lower or higher gaps in different timeframes within your current one. This can enhance the confluence in your trading decisions.
An FVG is formed when a candle has an 'empty' body, leaving a gap. These areas are often filled before the market continues to trend in its...
Dynamic GANN Square Of 9 Bands
Created on 3 Sept 2023
Adjust Increment Value:
Customize increment to match symbol and price characteristics for accuracy.
200 EMA. Identifies trend direction; moves with the prevailing trend.
Mark prominent reversal levels closer to the red range; ideal for mean reversion strategies.
Hey there! Let's get into the details about dynamic rate indicators, how they work, their importance, usage, and benefits in trading.
Dynamic rate indicators are essential in trading as they help traders assess the volatility and risk level of the market, so they can make the right trading strategies and risk management measures.
When it comes to the importance...
This is a plain and vanilla reversal based strategy for intraday (15m) timeframe on Futures prices of the assets.
Now what all it comprises of?
It finds out the dynamic support & resistance from Bollinger Band (20 period, 1.5 std dev).
It finds out the potential divergence of price deviation from 5 period exponential moving average (EMA).
The Bollinger Bands Heatmap (BBH) Indicator provides a unique visualization of Bollinger Bands by displaying the full distribution of prices as a heatmap overlaying your price chart. Unlike traditional Bollinger Bands, which plot the mean and standard deviation as lines, BBH illustrates the entire statistical distribution of prices based on a normal distribution...
This non-repainting indicator is an improved version of my previous work, a more versatile tool designed to provide traders with dynamic and adaptive entry signals while incorporating a mean reversion and trend filtering mechanism. By combining RSI overbought/oversold, regular divergence and confirmatory momentum oscillator such as CCI or MOM, this indicator...
The Dual Bollinger moving average (DBMA) consists of a moving average (MA) & two Bollinger Bands (BB), with the color of the bands representing the level of price compression. In its default settings, it is a 20-day simple moving average with 2 upper Bollinger Bands, having the standard deviation (SD) settings of 0.5 & 1, respectively.
How close the price is...
The script defines a specific trading session based on user inputs. This session is specified by a time range (e.g., "1000-1510") and selected days of the week (e.g., Monday to Friday). This session definition is crucial for trading only during specific times.
Lookback and Breakout Conditions:
The script uses a lookback period and the highest high and...
Zero Lag Hull Moving Average (ZLHMA) is a technical indicator that is based on the principles of Zero Lag Hull Moving Average (HMA). It is designed to provide a smoother and more accurate representation of price trends by reducing lag and improving the responsiveness of the moving average line.
Compared to traditional moving average lines, the Zero Lag Hull...