This script based on we all use Super trend but it main issue is the lag as it buy too late or sell too late using Deavaet study of Heat map MTF we can do a little trick if you look on his study you can see that major signal for example will happen in the time frame before it happen at larger time frame so in this example if signal at MTF 30 min and signal at...
Normalized Version of OHLC-Ratio (0-1,0-10,0-100,etc.)
This is just a bunch of useful funtions and a recommenation how to construct a multiindicator for the sake of economy :))
This one is quite useful to quickly see candle length, full range compared to closing range and difference.
This script is a cleaned up version of "Previous Period Levels". It shows only open, high, low, and close levels. There is an adjustable 'lookback' variable. It defaults to '1' to show the levels from '1' period ago. The currentOpen variable defaults to '0' which shows the current period's open level.
Putting together a script that charts the US02Y - US10Y in visual format. First script I've ever written and would like some feed back as to how I could improve. Also currently have to turn on "Indicator Last Value Label, and Indicator Name Label" if you would like data to appear on the chart. Works best when the US02Y-US10Y chart is being displayed!
This indicator have 3 buy and sell systems System 1 based on System 2 based on super trend system 3 based on long of super trend but exit by take profit % so how to use it ? option one : choose any system that you want and exit by it option 2: use combination for ex long of system 1 with exit of system 2 or reverse order option 3: lets say you want to short --...
Quick Guide - Yellow cross and green MA on top = Potential uptrend - Yellow cross and red MA on top = Potential downtrend A simple golden cross indicator of the green 50 and red 200 SMA with a yellow cross for ease of visibility and backtesting. Generally, longer time frames more powerful signals but are less frequent. I typically use it on the 4 hour,...
What is up y'all ? (french trying to sound American) I found that in my script archives, way back in an old cave. I think this might be useful as a few really asked me how to define a green/red candle, how to capture the wick value, the body, etc.. This is not a fancy script as usual and I'm sure they're plenty of candles pattern scripts out there but I saw no...
Introduction Bands are quite efficient in technical analysis, they can provide support and resistance levels, provide breakouts points, trailing stop loss/take profits positions and can show the current market volatility to the user. Most of the time bands are made from a central tendency estimator like a moving average plus/minus a volatility indicator....
Credits to @Fractured Adapted the "Many Moving Averages" script to VP's NNFX No Nonsense Forex method. Includes: - ATR bands and labels - Price is > 1 ATR away from baseline indication Without ATR Bands and bar colors Available MAs "ALMA", "EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "Kijun", "McGinley"
Hello Traders, Sharing one of my favorite candlestick pattern with everyone. Feel free to use it. Regards, Intraday Guruji
This script shows tenken & kijen lines position to better detection of crosses.
This is an academic version of William's Variable Accumulation Distribution(WVAD) smoothed with a weighted moving average for measuring correlation of price with intraday volume
Hi everyone A co-pinescripter friend told me this was impossible to do and we bet a free dinner tomorrow. Guess who's going to be invited to a very fancy restaurant tomorrow :) :) :) (hint: not him) What's the today script is about? This script is based on this MT4 correlation matrix Asset correlation is a measure of how investments move in relation to one...