For a strategy using the combined IMI (Intraday Momentum Index), MFI (Money Flow Index), and Bollinger Bands on a 1-minute chart of Bank NIFTY (Bank Nifty Index), here's how you can interpret the indicators and define a sell signal strategy: Strategy Explanation: IMI (Intraday Momentum Index): IMI measures the ratio of upward price changes to downward price...
1. **Candlestick Patterns Detection:** - **Hammers** and **Inverted Hammers** are specific candlestick patterns that can indicate potential reversals in the market. - **Hammer**: A candle with a small body and a long lower wick, showing a possible reversal after a downtrend. - **Inverted Hammer**: A candle with a small body and a long upper wick,...
This indicator allows users to anchor three types of moving averages (Simple Moving Average (SMA), Exponential Moving Average (EMA), and Volume Weighted Average Price (VWAP)) to specific points in time (anchor points) Key Features: Select from three Moving Average Types: Simple Moving Average (SMA): Averages the closing prices over a specified period. ...
The **"Elder AutoEnvelope with Overbought/Oversold Levels with Labels"** is a technical analysis tool designed to help identify overbought and oversold levels in the market, as well as potential reversal points. It uses moving averages and price volatility to detect possible price extremes. ### Indicator Description: - **Center EMA (26)**: Acts as the main trend...
The **Commitment of Traders (COT)** report is a valuable tool for analyzing market sentiment, providing insight into the positions of futures traders at the close of the Tuesday trading session. Prepared by the Commodity Futures Trading Commission (CFTC), the report is published every Friday at 3:30 p.m. Eastern Time, and the data is freely available on the CFTC...
This is use only for nifty trading tick, Gann indicators, most notably Gann angles, are trading techniques developed by W.D. Gann. They are widely seen as innovative and still studied and used by traders today. Gann used angles and various geometric constructions to divide time and price into proportionate parts. Gann indicators are often used to predict areas of...
simple thing, if u have any question don't hesitate to ask, I'd be happy to answer. hope this indicator be benefit to u.
Quick relative comparison against the QQQ. Who doesn't want to beat the passive ETFs?
A moving average crossover strategy using a 100-day and a 40-day moving average helps traders identify potential buy and sell signals based on the momentum of the stock price. Key Components: 100-Day Moving Average (MA100): This is a long-term moving average that smooths out price data over the last 100 days. It helps identify the overall trend of the stock. If...
Breakdown of the Leading Indicator: Linear Regression (LRC): A linear regression line is used to estimate the current trend direction. When the price is above or below the regression line, it indicates whether the price is deviating from its mean, signaling potential reversals. Rate of Change (ROC): ROC measures the momentum of the price over a set period. By...
This is an indicator for 5 day ADR I took a ballerina down to the ball dance.
This is a modified version of the Relative Strength Indicator (No confusion with RSI) originally by in.tradingview.com/u/modhelius/ based on The indicator calculates the relative strength between a selected stock and a comparative symbol (typically a market index like NSE:NIFTY). Relative strength (RS) compares the performance of two assets, typically a stock...
**Definitions** A Honey Badger Day is defined as a day where the market dips below a certain threshold but then closes above it. Specifically: - The day's low is less than or equal to the lower of either the opening price or the previous day's closing price. - The day's closing price is greater than or equal to this same lower threshold. Dip and Rip Day:A Dip...
Publishing one of the simplest yet one of my favorite concepts. Had to publish since I didn't really find any script for this on TV. VWAP slope. This is nothing fancy because it's just calculating "slope" with a very basic level formula vwap_slope = (vwap - vwap ) / length Above zero line, it's positive zone. Below zero line, it's a negative zone. The idea is...
This indicator builds a support line using the stock price and RSI. Inputs: 1. Time window for the RSI: the time window the RSI is calculated with, usually it's 14 but in here I recommend 30. 2. offset by percentage: just adding or subtructing some percentage of the result, some stocks need a bit of offset to work 3. stability: the higher it is the less the...
The "US Futures Momentum Overview" indicator is designed to provide a comprehensive view of momentum across various U.S. futures markets. It calculates the Rate of Change (ROC) for multiple futures contracts and displays them as lines on a chart. Each futures market is plotted with a unique color for easy differentiation, allowing traders to quickly assess the...
Description: The Enhanced BOS (Break of Structure) Strategy is an advanced open-source trading indicator designed to identify key market structure changes, integrated with dynamic Stop Loss (SL) and Take Profit (TP) levels, along with an informative EMA (Exponential Moving Average) table for added trend analysis. Key Features: Break of Structure (BOS)...
Description: The Hurst Exponent Smoothed indicator provides a dynamic analysis of market behavior by calculating the Hurst Exponent over a specified lookback period. This tool is especially useful for identifying whether a market is trending or mean-reverting. Key Features: Lookback Period: Set to 90 by default, this parameter controls how many periods the...