Rationale
The rationale behind this indicator is that: when the price of an asset reaches an extreme, regardless of the trend, there is a (maybe not equal but) opposite reaction.
Settings
The default settings will not be the best for whatever timeframe you choose. I personally believe a longer than 'normal' JMA Length is best.
JMA Source: The source in...
EMA (Exponential moving average) often acts as dynamic support and resistance and trend detector and the further price is away from ema the more it has chance to reverse, hence percentage levels gives a range to exit your trades.
*choose your favourite timeframe and EMA length , alter percentages as you wish to generate Take profit levels
thank you..
Happy Trading.
I was watching some videos about price action and saw one covering the behavior of institutions and how it is agressive and defensive in some level of percentage of changing in price.
Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels.
In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144...
Often used as a dynamic stop loss management tool, this indicator:
Takes a source series as input, e.g. a moving average, or close prices.
Draws configurable channels, some percentage above and below the source series (e.g. for long vs. short stop losses)
Since long vs. short trade profiles can be different, differing percentage inputs are allowed for...
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...
ENG : This indicator is created by combining the standard period RSI indicator with an Oversold limit of 32, an Overbought limit of 70 and a period of 14 (these values can be changed optionally from the entries and still tabs of the indicator settings) and the Bollinger Band. indicator with a standard deviation of 2 and a period of 20. Also, the RSI Oversold is an...
This indicator visually shows OHLC moves in terms of percentages compared to an input reference series, e.g. this could be a moving average line, and then plotting how far OHLC values are from that reference at each time unit/bar.
A centre/zero-line is shown to indicate little to no extension when prices are hovering about there. This could a profit taking point,...
This script is a Keltner Channel that uses a Hull Moving Average as source, instead of the 20-period EMA.
A hull band improves on lag and smoothness to Simple and Exponential Moving Averages.
And ATR based envelop is generated from this improved MA to form the Keltner Channel.
Hull on EHMA source with 180 periods loopback, coupled with a 200 period loopback for...
Yearly, Quarterly, Monthly or Weekly VWAP with Standard Deviation Envelope
Previous Y/Q/M/W VWAP and Band are extended forward automatically*
VWAP standard deviation envelope serves as a kind of Value Area, with the boundaries of the envelope acting as support and resistance. Previous envelops often show confluence with price action once price retests...
This is an indicator that gives you bands around the Fibonacci levels High/Low of the asset.
There are 3 time frames available so you can use the hourly, daily and weekly at the same time.
You can change the bands via selectable inputs to suit your own preferences.
you can as example combine with RSI or MACD to find a entry
This indicator is the Mobo Bands (Momentum Breakout Bands). These bands are bollinger bands that have an adjusted standard deviation. There are Buy signals when it has momentum breakouts above the bands for moves to the upside and Sell signals when it has momentum breakouts below the bands for moves to the downside. The bands simply suggest that all markets...
!!! This indicator only shows Binance Perpetuals Open Interest !!!
!!!!! When Binance Spot pair charts is selected, It still shows the perpetual contract Open Interest, if the pair on the chart is tradeble on perpetual contracts. I assume you know what Open Interest is. !!!!!
ZLEMA, Tillson, VAR MAs codes are coming from @KivancOzbilgic => SuperTrended Moving Averages
This indicator shows the Stochastic RSI (SSRI) for overbought when the Donchian Channel (DC) is in the upper zone (between basis and upper), and SSRI for oversold when the DC is in the lower zone.
The DC upper and lower have a percentage of the ATR added I call this DC-ATR.
There can be numerous ways to form a strategy based on this. For a bull trend, an ABCD...
Long-term bond yield reflects inflation. Short-term bond yields are tools used to predict Fed's interest rate policy. Spread between the two represents four cycles of an economy.
1. Growth
Short-term yield rises as interest rates rise. Spread narrows.
2. Slow growth
Central bank raises interest rates faster and short-term yield exceeds long-term yield. Spread...
Problem: (1) lag of traditional MA's, (2) lack of Volume data in traditional MA's, and (3) choppiness of traditional MA's.
Solution: apply hull formula tick to tick, simply at a factor of 1:1.
Result: Smooth and fast MA that has volume data baked in it.
Benefit: See trend changes fast, and if it is supported by volume. Pleasant to the eyes.
Explanatory note:...
A useful tool to look for add on opportunities. The settiing are such that 4Hr shows a Bollinger band for the daily TF. That's the settings to get a higher time frame picture but with a lower time frame focus
![BTCUSD.P: [MAD] Fibchannels](https://s3.tradingview.com/7/7bRs86Mz_mid.png "[MAD] Fibchannels")
![NIKL: PJBG - HMA Smoothed VWMA [HMASVWMA]](https://s3.tradingview.com/l/Lu4Ki188_mid.png "PJBG - HMA Smoothed VWMA [HMASVWMA]")
