This RSI contains SMA 50 (which can be edited). Same SMA Line is displaced 10 rsi points above and below. One can study crossing of rsi with these lines and where rsi taking support or experiencing resistance on these lines and build unique strategy.
This indicator measures a stocks distance from its 52 week high. The concept is based on what Mike Webster shared on his appearance on IBD Live, allowing users to see if a current pullback from the highs is normal compared to historical pullbacks or if more attention is warranted. It is also important to pay attention to a stocks 52 week high in relation to it's...
🎲 Overview Zigzag is basic building block for any pattern recognition algorithm. This indicator is a research-oriented tool that combines the concepts of Micro Zigzag and Recursive Zigzag to facilitate a comprehensive analysis of price patterns. This indicator focuses on deriving zigzag on multiple levels in more efficient and enhanced manner in order to support...
█ OVERVIEW This script is an indicator that helps traders to identify the RSI Levels for multiple fractals wherever the current timeframe is. This script was based on RSI Levels, 20-30 & 70-80 by abdomi indicator, that calculates the Relative Strenght Index levels based on the asset's price and plots it into the chart, creating a "wave" style indicator. The...
Webby's RSI (Really Simple Indicator) 2.0 or version 5.150 as Mike himself calls it, builds upon the original Webby RSI by changing the way we measure extension from the 21-day exponential moving average. Instead using the percentage of the low versus the 21-day exponential moving average, version 2 uses a multiple of the securities 50 day ATR (average true...
In Binary options, strategy testing is a bit different. The strategy result depends upon expiry intervals and payout ratio. My previous script was a try to resolve this but has some bugs in specific choices. The new version overcame those and added some new features useful for binary option strategy testing. Assumption: We are opening position at next candle...
█ Description Money flow an indexed value-based price and volume for the specified input length (lookback period). In summary, a momentum indicator that attempt to measure the flow of money (identify buying/selling pressure) through the asset within a specified period of time. MFI will oscillate between 0 to 100, oftentimes comprehend the analysis with oversold...
This project started as an effort to improve the user interface of the hybrid indicator ADX of Vortex, which is, as per the name, a blend of ADX and Vortex Indicator. Plotting both indicators on the same polarity and normalising the vortex, a better interpretation of the interaction between the two is possible, and trend becomes apparent. Basically, the Vortex...
Edit of TradingView's LTF CVD TradingView's CVD is already the most accurate CVD on the platform because of the LTF data. The purpose of the edit is to provide the ability to compare volume flow between multiple exchanges, futures & spot, multiple symbols or any other potential use case. All in single layout or even a single pane. Added features: - Option...
This indicator shows the momentum of a market sector. Under the hood, it's the MACD of the number of stocks above their 20 SMA in a specific sectors. The best insight it gives is to tell if the market is doing a sector rotation or having a full blown correction. Users have the options to choose a specific sector out of the 11 sectors: XLB, XLC, XLE, XLF, XLI,...
Trend Reversal Predictor - An Indicator for Identifying Potential Trend Reversals This indicator is designed to help traders identify potential trend reversals in the financial markets. It combines multiple criteria including trend identification, volume analysis, average net price movement, and RSI (Relative Strength Index) crossing its moving average to...
The Filtered Momentum Indicator (FMI) is a tool created to assist traders in identifying changes in momentum and gaining insights into potential shifts in price trends. By combining the concepts of momentum and Bollinger Bands, the FMI offers a unique perspective on momentum values and their relationship to price movements, helping traders make informed trading...
The "Change Analysis and Alerts" script in Pine Script allows you to analyze and visualize the percentage change of different values on a chart. It calculates the true change based on the closing prices and provides options to input custom values for comparison. The script also includes an alert feature that triggers when the true change exceeds a specified...
Parabolic SAR + EMA 200 + MACD Signals Indicator is a popular technical analysis tool used by traders to identify potential entry and exit points in the market. It combines three widely used indicators: Parabolic SAR, EMA 200, and MACD. The Parabolic SAR indicator helps determine potential price reversals. It places dots above or below the price chart to indicate...
The "Liquidity Peaks" indicator is a tool designed to identify significant supply and demand zones based on volumetric analysis. It analyzes the volume profile within a specified lookback range to pinpoint the most volumetric point and draw corresponding zones on the price chart. The 𝐋𝐢𝐪. 𝐏𝐞𝐚𝐤𝐬 indicator utilizes volume data to identify key supply and demand...
Introducing the Volume-Blended Candlestick Indicator, a powerful tool that seamlessly integrates volume information with candlesticks, providing you with a comprehensive view of market dynamics in a single glance. The Volume-Blended Candlestick Indicator employs a unique approach of projecting volume totals by calculating the total volume traded per second and...
//All code picked from many indicators, if you recognize your code, pls comment so people can see your awesome work! I only edited and added them all together so people don't use all their indicator slots. Hope this indicator helps as many people as it can. LFG!!! AO (Awesome Oscillator) Useful to find potential reversals in trend. MOM (Momentum) An oscillator...
The RSI Chart Levels shows you in a simple way where Support/Resistance might be. You want to make sure all settings are the same in the RSI that you are using with this overlay to be accurate. This is also good at spotting divergence in real-time. If price goes over the Higher High but the RSI hasn't gained a new Higher High it is showing divergence, vice versa...