Due to public demand
Linear Regression Formula
Scraped Calculation With Alerts
Here is the Linear Regression Script For traders Who love rich features
++ Multi time frame -> Source Regression from a different Chart
++ Customized Colors -> This includes the pine lines
++ Smoothing -> Allow Filtered Regression; Note: Using 1 Defaults to the original...
Forex Master v4.0 is a mean-reversion algorithm currently optimized for trading the EUR/USD pair on the 5M chart interval. All indicator inputs use the period's closing price and all trades are executed at the open of the period following the period where the trade signal was generated.
There are 3 main components that make up Forex Master v4.0:
Visualizer of current or previous month(s), week(s) & days ranges
Purpose: View last Monthly, Weekly, Daily, and/or a custom time interval OHLC, i.e. previously closed/confirmed or the ongoing higher time interval ranges
Main configurations available:
- 2 main reporting modes: View the current/ongoing M/W/D candles' OHLC (live, repaints) or report OHLC of last...
// Shows the price renko bars (or range bars) instead of the PERIOD renko
// bars that are integrated into Trading View. The normal renko bars that
// Trading View offers only consider the drawing of a new brick when the
// price closes above or below the required brick size. This can produce
// misleading charts since depending on the time interval of a chart,...
Part of my strategy involves entering a trade based on a candle on a 5-min chart being < 2% (ignoring major volatility).
I got tired of calculating the range of a single candle either in my head or on a calculator, so I wrote this up. Feel free to share it.
Shows the %move of any single candle, default horizontal lines are 1% & 2%, can be changed by clicking...
Hi I've revamped this bot mentioned in the linked idea to make it work with v4 of pine. In doing so there are some very significant changes to how it works. The main one is that it no longer uses traditional daily pivot calculations to calculate the bands. It creates a more dynamic intraday set of pivot points based on recent price action rather than yesterday's...
Developing Range v1.0
Scalping tool for help finding potentially high probability reactive levels. I suggest using on a 5min chart.
GRAY BAND: yesterday's High-Low range
BLUE BAND: today's Developing Range. Mean of today's High-Low range so far and yesterday's High-Low range, this is calculated for each of...
This indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day.
Larry Williams talks about Open being the most important price of the day. Hence, this indicator.
The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days.
This is the Market Mean index. It is used to identify if the market is really trending or if it is range bound(random). In theory, a random sample will be mean reverting 75% of the time. This indicator checks to see what how much the market is mean reverting and converts it to a percentage. If the index is around 75 or higher than the price curve of the market is...
The script intends to provide the trader with a dynamic range of current price action across all timeframes.
This helps identifying similar range trading opportunities; such as overextension, EQ and breakouts, to be used when the price action isn't trending sideways.
Due to the volume-weighted nature of the script inputs, this script is more suited to active,...
1 - What is the Channel ATR indicator
This is an envelope indicator (like the Bollinger bands indicator) used to evaluate how much the price diverge from it's moving average.
This indicator can be used as a system on it's own. I recommend to use it when the market goes side way, although, you can also use it when the market is trending.
What makes this...
For Breakout Trading..(range trader)
Investor , monthly trader ,weekly trader and daily trader(everyone can use it)..
It show market own range which is created by market/price (not by calculation)..
This are the important decision point which is made by traders(all style)..
Depend upon time frame , most important thing is market opening and market closing..
Plots the dynamic range from the calculated Average True Range of the security. The calculated price that it could return to from high to low and vice versa. Has been tested on multiple time frames on NSE equity stocks.