This is an indicator for the Candle By Candle (CBC) Flip strategy as created by @MapleStax It’s useful to traders because it’s a simple approach to gauge if bulls or bears are in control for any particular candle. The logic is as follows: If the most recent candle close is above the previous candle high, then bulls are in control. If the most recent candle close...
🟩 INTRODUCTION Hello, everyone! Please take the time to review this description and source code to utilize this script to its fullest potential. 🟩 CONCEPTS This is a trend indicator. The trend is the 0.5 fibonacci level for a certain period of time. A trend change occurs when at least one candle closes above the level of 0.236 (for long) or below 0.786...
CAPM calculator is a powerful tool that helps find the cost of equity, which is the minimum return that shareholders require to invest in a company. With the CAPM calculator, you can assess how well your trading strategy performs compared to the market. The goal of your strategy is to earn higher returns than what you would get by investing in the market with the...
Description : The Rolling Volatility indicator calculates the volatility of an asset's price movements over a specified period. It measures the degree of variation in the price series over time, providing insights into the market's potential for price fluctuations. This indicator utilizes a rolling window approach, computing the volatility by analyzing the...
The LCVD is another Mean-Reversion Indicator. it doesn't detect trends and does not give a signal per se. However the logarithmic transformation is made to visualize the direction of the trend for the volume. This allows you to see if money is flowing in or out of an asset. What it does is tell you if we have a flashcrash based on the difference in volume....
WRESBAL Plus is an improved way of looking at the same data that drives WRESBAL, which is a commonly used series on FRED. WRESBAL is a weekly average of combined balances on FRED using inputs that are weekly averages in some cases. For example the Treasury General Account has multiple FRED series including WDTGAL (wednesday level) and WTREGEN (wednesday weekly...
█ OVERVIEW This indicator was a time-based indicator and intended as educational purpose only based on pine script v5 functions for ta.cross() , ta.crossover() and ta.crossunder() . I realised that there is some overlap price with the cross functions, hence I integrate them into Custom Range Interactive with value variance and overlap displayed into...
Tick Volume Direction Indicator This indicator captures: • tick volume • tick direction The settings are as follows: • volume or base currency value selection. • label distance (away from the low of the candle). • Tick volume - on/off switch for tick volume. • label size. • Up tick move color. • tick move absorbed - when the tick doesn't change position. • Down...
The LVDI is a Mean-Reversion Indicator. it doesn't detect trends and does not give a signal per se. What it does is tell you if we have a flashcrash based on the price action and volume that is available. It is not always easy to see with the naked eye, so this indicator can help you DCA into an asset in a smarter way, if you couple it with other trend...
The "𝙏𝙍𝙀𝙉𝘿 𝙁𝙄𝙉𝘿𝙀𝙍" indicator is a powerful tool designed to detect trends and identify potential reversal points in asset prices. It operates as both a trend-following and mean reversion indicator, offering insights into market movements. Trend Identification: Trend Detection: This indicator primarily identifies trends in asset prices. When the "𝙏𝙍𝙀𝙉𝘿...
Overview of Features This indicator was inspired by the work of "LonesomeTheBlue" in the script called "Volume Multi Time Frame" . This script will provide a highly customizable interface to specify the higher timeframe period for the volume with the ability to link to the "HTF Candles by Prosum Solutions" indicator using the "HTF Setting Code" data point,...
█ OVERVIEW This a simplified version of linear regression channel which use length 200 instead of traditional length 100. █ FEATURES Color change depends light / dark mode. █ LIMITATIONS Limited to source of closing price and max bars back is 1500. █ SIMILAR Regression Channel Alternative MTF Regression Channel Alternative MTF V2
The Market Forecast With Signals Indicator is an upgraded version of the popular ThinkorSwim platforms Market Forecast. This upgraded version utilizes stochastic oscillators, moving averages, and momentum calculations to find potential buying and selling opportunities. Stochastic Oscillator The indicator calculates three variations of the Fast Stochastic...
Guided by ICT mentorship and help from TraderTim and its community, I created this versatile indicator to mark a "Premium/Discount" price range. This indicator shows the Premium and Discount Zones in an alternative way, manually setting the start of the band and automatically shows the HTF and LTF FVG present only in the set band, having a cleaning of the graph...
The "Monday Range" Pine Script indicator calculates and displays the lowest and highest prices during a specified trading session, focusing on Mondays. Users can configure the trading session parameters, such as start and end times and time zone. The indicator visually highlights the session range on the chart by plotting the session low and high prices and...
This indicator computes the average percentage change between Simple Moving Averages (SMAs) of high and low prices over a specified lookback length. The 'length' input determines the period for calculating the SMAs. The resulting line, represented by 'AVG', displays the percentage change, indicating potential shifts or trends in price momentum. Traders can use...
I'm using this platform from sometime and I carry out trading on Gold, using a kind of scalping strategy. Scalping is not an easy task to do. Personally I found a lot of problems while detecting the trend direction. So I decided to develop an indicator that is capable, in a discrete way, to give an instant-view on the market that is interesting. This indicator can...
🎲 Introducing the RSI-Divergence Goggle 🎯 Revolutionizing Divergence Analysis in Trading While the concept of divergence plays a crucial role in technical analysis, existing indicators in the community library have faced limitations, particularly in simultaneously displaying divergence lines on both price and oscillator graphs. This challenge stems from the...