DEMA Adaptive DMI PLEASE Read the following, knowing what an indicator does at its core before adding it into a system is pivotal. The core concepts can allow you to include it in a logical and sound manner. Conceptual Foundation and Innovation The DEMA Adaptive DMI blends the Double Exponential Moving Average (DEMA) with the Directional Movement Index...
Kalman PSaR Overview and Innovation The Kalman PSaR combines the well-known Parabolic SAR (PSaR) with the advanced smoothing capabilities of the Kalman Filter . This innovative tool aims to enhance the traditional PSaR by integrating Kalman filtering, which reduces noise and improves trend detection. The Kalman PSaR adapts dynamically to price movements,...
🔵 Introduction The Shark harmonic pattern, first introduced by Scott Carney in 2011, is a recognized tool in technical analysis. Since its inception, it has been widely adopted by traders as an essential market analysis tool. Due to its complexity, the Shark pattern can be challenging for novice traders. Therefore, we have developed the Harmonic Pattern...
🔵 Introduction The Bat Harmonic Pattern, created by Scott Carney in the 1990s, is a sophisticated tool in technical analysis, used to identify potential reversal points in price movements by leveraging Fibonacci ratios. This pattern is classified into two primary types: the Bullish Bat Pattern, which signals the end of a downtrend and the beginning of an...
🔵 Introduction The Deep Crab pattern is a 5-point extension harmonic structure (X-A-B-C-D) used in technical analysis to identify potential reversal points in financial markets. Like the original Crab pattern, it heavily relies on a 1.618 XA projection to form the Potential Reversal Zone (PRZ). However, the key difference lies in the B point, which must be an...
Volatility Analysis using Power Variation The "Volatility with Power Variation" indicator is designed to measure market volatility. It focuses on providing traders with a clear understanding of how much the market is moving and how this movement changes over time.. This indicator helps in identifying potential periods of market expansion or contraction, based on...
Moving Average Z-Score Suite 1. What is this indicator The Moving Average Z-Score Suite is a versatile indicator designed to help traders identify and capitalize on market trends by utilizing a variety of moving averages. This indicator transforms selected moving averages into a Z-Score oscillator, providing clear signals for potential buy and sell...
The digital exponential filter, in finance known as Exponential Moving Average (EMA) , can be used as a technical indicator for chart analysis to visualize uptrends and downtrends in the market. Unlike the classic simple moving average, the EMA requires only two values for its calculation: the last calculated exponential average price and the current price....
🔵 Introduction One of the challenges of script users is matching the colors used in indicators or strategies. By default, colors are chosen to display based on either the dark theme or the light theme. In scripts with a large number of colors used, changing all colors to better display in dark mode or light mode can be a difficult and tedious process. This...
Are you looking for a dead simple calculation of the Heikin Ashi candles as they are calculated in tradingview? Here it is! I was looking through the library and I saw that many have come up with a lot of awesome scripts using heikin ashi candles. But, I can't find anywhere that had the straightforward simple version of how Tradingview calculates them. This was a...
Fourier Adjusted Average True Range 1. Conceptual Foundation and Innovation The FA-ATR leverages the principles of Fourier analysis to dissect market prices into their constituent cyclical components. By applying Fourier Transform to the price data, the FA-ATR captures the dominant cycles and trends which are often obscured in noisy market data. This...
Normalised T3 Oscillator The Normalised T3 Oscillator is an technical indicator designed to provide traders with a refined measure of market momentum by normalizing the T3 Moving Average. This tool was developed to enhance trading decisions by smoothing price data and reducing market noise, allowing for clearer trend recognition and potential signal generation....
Display your custom charts exported from anywhere in TradingView. Put your candles on candles : var Candle candles = array.from(...) For instance: var Candle candles = array.from(Candle.new(2.0, 4.0, 1.0, 3.0), Candle.new(3.0, 5.0, 2.0, 4.0)) Candle details: Candle.new(open_1, high_1, low_1, close_1)
Gaussian Price Filter Overview and History of the Gaussian Transformation The Gaussian transformation, often associated with the Gaussian (normal) distribution, is a mathematical function characteristically prominent in statistics and probability theory. The bell-shaped curve of the Gaussian function, expressing the normal distribution, is ubiquitously...
Volatility Adjusted Weighted DEMA The Volatility Adjusted Weighted Double Exponential Moving Average (VAWDEMA) by BackQuant is a sophisticated technical analysis tool designed for traders seeking to integrate volatility into their moving average calculations. This innovative indicator adjusts the weighting of the Double Exponential Moving Average (DEMA)...
Kalman Hull Supertrend At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the supertrend instead of the normal hl2 (high+low/2). Therefore, making it more adaptive to price and also sensitive to recent price action. PLEASE...
Good morning, Here is my first script as a pinecoder. So I present to you my indicator: the “Candles Theme”. Instead of searching for a long time in the chart settings to change the style of the chart, you can use this indicator which offers: - 8 default themes. - The ability to create a custom theme. Themes : - Pink - Blue : Dark and Light - Classic : Dark...
Introducing the Standardized Median Proximity by AlgoAlpha 🚀📊 – a dynamic tool designed to enhance your trading strategy by analyzing price fluctuations relative to the median value. This indicator is built to provide clear visual cues on the price deviation from its median, allowing for a nuanced understanding of market trends and potential reversals. 🔍 Key...