🚀🔗 Donchian Trend Ranges 🔗🚀 Elevate your trading game with the Donchian Trend Ranges indicator from AlgoAlpha! 🌟📈 This advanced tool helps you visualize market trends and potential reversal points using Donchian channels, volatility measures, and average true range (ATR). Key Features ⚙️ Customizable Parameters: Adjust the lookback period and range...
Updated my previous algo on the Adaptive Trend lines, however I have added new functionalities and sorted out the settings. You can now switch between normalized and non-normalized settings, the colors have also been updated and look much better. The MAMA and FAMA These indicators was originally developed by John F. Ehlers (Stocks & Commodities V. 19:10: MESA...
Hello fellas, This superb indicator summons two monsters called Relative Strength Index (RSI) and Money Flow Index (MFI) and plays the Yu-Gi-Oh! card "Polymerization" to combine them. Overview The Fusion MFI RSI Indicator is an advanced analytical tool designed to provide a nuanced understanding of market dynamics by combining the Relative Strength Index...
Cot Histogram | Mercor Overview: The Cot Histogram | Mercor indicator provides a comprehensive visualization of the Commitment of Traders (COT) report data using bar charts. This indicator is designed to help traders analyze the positions held by commercial traders and large speculators in various markets. By representing the data as histograms, traders can...
### Relevance and Functionality of the "US M2" Indicator #### Relevance The "US M2" indicator is relevant for several reasons: 1. **Macro-Economic Insight**: The M2 money supply is a critical indicator of the amount of liquidity in the economy. Changes in M2 can significantly impact financial markets, including equities, commodities, and cryptocurrencies. 2....
█ OVERVIEW The Fibonacci Period Range Indicator is a powerful trading tool that draws levels of support and resistance that are based on key Fibonacci levels. The script will identify the high and low of a range that is specified by the user, then draw several levels of support and resistance based on Fibonacci levels. The script will also draw extension levels...
Pivot points are technical indicators used in financial markets (such as stocks, forex, or commodities) to identify potential turning points in price movement. They provide reference levels based on the previous day’s price action. How to use the Pivot Points indicator Traders use pivot points to identify significant price levels where the market may reverse or...
The Volume-Adjusted Bollinger Bands (VABB) indicator is an advanced technical analysis tool that enhances the traditional Bollinger Bands by incorporating volume data. This integration allows the bands to dynamically adjust based on market volume, providing a more nuanced view of price movements and volatility. The key qualities of the VABB indicator include: 1....
This indicator combines multiple functionalities to assist traders in making informed decisions. It primarily uses Heikin Ashi candles, Moving Averages, and a Price Action Channel (PAC) to provide signals for entering and exiting trades. Here's a detailed breakdown: Inputs MAC Length: Sets the length for the PAC calculation. Use Heikin Ashi Candles: ...
Originally made by Linda Raschke, The S310ROC Indicator combines the Rate of Change (ROC) indicator with the 3-10 Oscillator (Modified MACD) and plots to capture rapid price movements and gauge market momentum. - Rate of Change (ROC): This component of the indicator measures the percentage change in price over a specified short interval, which can be set by the...
HTF Descending Triangle aims at detecting descending triangles using higher time frame data, without repainting nor misalignment issues. Descending triangles are defined by a falling upper trend line and an horizontal lower trend line. It is a chart pattern used in technical analysis to predict the continuation of a downtrend. This indicator can be useful if...
**IF YOU NEED EXTRA SPECIAL HELP UNDERSTANDING THIS INDICATOR, GO TO THE BOTTOM OF THE DESCRIPTION FOR AN EVEN SIMPLER DESCRIPTION** Dickey Fuller Test: The Dickey-Fuller test is a statistical test used to determine whether a time series is stationary or has a unit root (a characteristic of a time series that makes it non-stationary), indicating that it is...
Indicator Name: Asian Range Indicator Description: This TradingView indicator is designed to accurately detect the price range during the Asian session, based on our trading strategy. This range is crucial for planning trades in the European and American sessions. Using advanced algorithms, the indicator automatically identifies and plots the highs and lows...
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...
Overview This script is designed to generate trading signals based on the Supertrend indicator, a popular technical analysis tool. The Supertrend indicator is used to identify the direction of the market trend and potential reversal points. Supertrend Settings The script uses two sets of Supertrend settings: Small Supertrend Factor: 3.0 ATR Period: 10 ...
Script Description: This script on TradingView combines the detection of Swing High/Low points with exponential moving average (EMA) crossovers to provide buy and sell alerts and to mark swing points on the chart. What the Script Does: Swing High/Low Detection: Uses the ta.pivothigh function to detect significant high points and the ta.pivotlow function to...
Indicator Explanation The indicator identifies bullish and bearish engulfing patterns and plots Fibonacci levels based on these patterns. Here's a detailed explanation of the script: 1. Bullish Engulfing Pattern A bullish engulfing pattern is identified when: - The previous candle is bearish (`close < open `). - The current candle is bullish (`close >...
A basic Indicator, meant to delineate Specific ICT reference open times To be used with any ICT model that accounts for such, Time zone is set to the default UTC-4, New York Eastern Time, and all open times can be adjusted manually to the user's liking. Also displays labels for days of the week that can be positioned at the top or bottom of the chart