Inside bars occur when the range of a candlestick falls entirely within the previous candlestick's range. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements. This indicator includes options such as: - The number of consecutive inside bars required to trigger the indicator - Signal lines to indicate the high...
Moving Average Ribbon with defaults for day-trading 8, 21, 50 EMAs MA cross(over/under) markers MA cross(over/under) alert conditions preconfigured Reversal time periods highlight background or add labels for periods on standard days when reversals are likely (mainly useful for SPY or QQQ)
This Supertrend indicator uses different source for Uptrend and Downtrend lines. Uptrend line uses high as its source. Downtrend line uses low as its source. Effect: It has faster Uptrend/Downtrend signals.
This simple script generates signals for testing the connection from TradingView to a REST API client via the webhook and demonstrates very basic concepts of gerenating alerts within the script. This script also demonstrates how to visualize when a buy or a sell should take place and how to use diagnostics text for bug fixes/informational purposes. This is for...
The logic of the indicator is simple. We have a large candle for the period N. In its range there are candles with the same extremums in the direction of the trend → Alert. Important: It is not suitable for all coins and not for all TF
Compare the relative valuation of up to 8 tickers. By taking a shorter term moving average and dividing by a longer term moving average(optionally with an offset) we get a value that is either above or below 1. Easy to tell what is undervalued and overvalued with this setup. Useful for comparing different asset classes or sector specific securities looking for...
The script shows change in a single EMA over a specified period as a histogram. The period of EMA as well as Change period can be specified. Moreover, it also shows change in direction of EMA. The change can be negative for a downward trend and positive for an upward trend.
This is a awesome script Input : - Strike price - Entry price - Date Output : Making a shape with all datas
This is combo strategies for get a cumulative signal. First strategy This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. Second strategy This new indicator analyzes the balance between bullish and bearish sentiment. One can cay that it is an...
Finds the "crab range" of current price action. /////// The lines corresponds are follows: Green line represents the average high price Orange line represents the median price Yellow line represents the average low price /////// By default, the last 5 bars are used when calculating the price lines, this value can be changed in settings as needed to tune...
Indicator showing pivots and interpret a trend out of it. Pivots are calculating with deviation parameter to validate with more precision. Trending moves are calculated according to Dow Theory : In an uptrend, if the price made a new high, the price must make a new high to confirm the trend, otherwise, it might signal a possible change in the trend. In...
Library "fontilab" Provides function's indicators for pivot - trend - resistance. pivots(src, lenght, isHigh) Detecting pivot points (and returning price + bar index. Parameters: src : The chart we analyse. lenght : Used for the calcul. isHigh : lookging for high if true, low otherwise. Returns: The bar index and the price of the pivot. ...
Library "ColorArray" Simple color array gradient tool. makeGradient(size, _col1, _col2, _col3, _col4, _col5) Color Gradient Array from 5 colors. Parameters: size : : default 10 _col1 : : default #ff0000 _col2 : : default #ffff00 _col3 : : default #00ff00 _col4 : : default #00ffff _col5 : : default #0000ff Returns: array of...
StochasticMACD (SMACD) is an oscillating momentum indicator. It is based on MACD but run through a stochastic oscillator. This results in an indicator with all the same properties as MACD but with the benefit that the absolute levels can be compared to history values.
Building onto the standard RSI indicator, with the following modification and improvements: - Added signals for RSI moving average crossovers, which usually indicator a bull or bear trend - Added option to use smoothed RSI line - Added alert for crossover signals Enjoy~~~!
Applied the angle of ema filter to stars formed in an uptrend, and hammers in a downtrend to try to pick good trading entries Uses the average angle of the ema over the last 20 bars (Please note: the angle calculation default value is calibrated for BTCUSD . There is no way currently to code it to be used across multiple pairs. The price to bar ratio has to be...
================================= == GENERAL INTRODUCTION ================================= If you find market internals inform your intraday trading decisions (SPX, ES futures, SPY or more generally) this may be helpful. Currently available internals are: - ADD - TICK - TRIN - VIX - VOLD Also, you can display your favorite alternative market internal (or BTC,...
Library "WpProbabilisticLib" Library that contains functions to calculate probabilistic based on historical candle analysis CandleType(open, close) This function check what type of candle is, based on its close and open prices Parameters: open : series float (open price) close : series float (close price) Returns: This function return the...