Hello All, This script creates Zigzag Chart by using Zigzag waves, so it's timeless chart meaning that no time dependency on X-axis. Optionally it can calculate & show Zigzag Supertrend or Simple Moving Average. Also it can change bar colors of the main chart by trend direction of Zigzag Supertrend. As seen below, each zigzag wave is a candle on Zigzag...
Before I begin I want to mention: 1. This is an upgrade of my indicator WMA Combo Crossover. (Link: www.tradingview.com) 2. The upgrade was inspired from the CCI and Bollinger Bands indicator by matsu_bitmex. (Link: www.tradingview.com) 3. I have combined the indictor with Bollinger Bands , coloring those sections as yellow, to increase winning trades as well as...
PLEASE READ THE FULL DESCRIPTION BEFORE BUYING OR USING THIS INDICATOR THIS IS THE INVESTOR MODE ONLY VERSION OF THE EMASAR INDICATOR. IT INCLUDES THE ORIGINAL SIGNALS TELLING YOU WHEN TO BUY OR SELL. IT ONLY INCLUDES THE OCEAN TO INDICATE PULLBACKS AND NOT OTHER TRADING REGIONS ARE INCLUDED. IT SHOWS THE BUY/SELL SIGNALS AS WAS PUBLISHED IN THE ORIGINAL...
This code is based on Dr. Wish's Green Dot indicator and all credits should go to him for this indicator. I have adapted the code described by Dr. Wish in his various blog posts and webinars. This indicator involves Stochastics and Bollinger Band indicators to provide an indication when a technically sound stock is potentially oversold and reading to resume its...
Disregard the above chart, I am not sure why it isn't showing the one I want, which is linked below: This is as far as I can tell the closest representation to Dr. Alexander Elder's updated "Elder Impulse System" that has added ATR-volatility bands up to 3x deviations from price. I got the idea from watching this recent video (www.youtube.com) of Dr. Elder...
This indicator displays last Parabolic SAR dot levels on most common timeframes. Default option is cross shape, but can be set as lines as well. Very easy to track visually, without continuously changing chart resolution.
Hi forks, I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo multi OverSold OverBuy colored candle will give you the idea of multiple indicators in one shot with colored candle. Those indicators tell us that oversold or overbuy statistically. For the color, you can freely change based on your comfort. For me, in Korea white candle has red...
Better Bollinger Bands (BBB) This script is a modification of classic Bollinger Bands (BB). CHARACTERISTICS Main improvement over BB: There is no need to introduce a standard deviation multiplier (usually 2). Here, only a length is needed (usually 20 bars for BB). Other features: The type of moving average can be selected: sma, ema, vwma, wma or...
DESCRIPTION RENKOLINE Indicator - mimics RENKO charts on ANY timeframe. It is not absolutely fixed, which is actually an advantage, because it does not close bricks before the actual close of a candle. An advantage, if one knows how to play with the "bricksize" Of course it has a short side of delaying entry in case the direction momentum continues. ...
Exponential Moving Average Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction, though they lag due to being based on past prices. Despite this, moving averages help smooth price action and filter out the...
Japanese below / 日本語説明は下記 Bollinger bands with customizable expansion signals What’s new in this indicator? This indicator allows users to customize Bollinger bands expansion signal with the conditions below. 1. Target bands Which bands should be considered as expansion when price crossing? Available options are plus/minus 1-3 σ. 2. Price Which price...
Calculates the strike prices for the Nifty50 index in steps of 50 and marks the 2 and 3 sigma price levels.
Calculates the strike prices for the Bank Nifty index in steps of 50 and marks the 2 and 3 sigma price levels.
The Mannarino Market Risk Indicator is an easy way to measure market risk for stocks. It considers the value of the dollar and the prevailing yield on the dollar to surmise risk of exposure to the equity market. A lower value represents a lower risk environment for stocks. A higher value represents a higher risk environment for stocks. Default water marks...
The Best Renko system out there. The second coming to the original Cheatcode Algo we made with options to use Tradition point calculations or ATR values for price measurement - Select up to 3 tp levels - ATR Risk calculator - Strategy presets for easy setting selection for certain assets - A trailing Ma for stint entries filters - Volatility bands (BB,...
Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. Essentially, Moving Averages smooth out the “noise” when trying to interpret charts. Noise is made up of...
This indicator shows how far (i.e. the absolute distance) of the extremes (i.e. high & low) are from the current parabolic SAR
Apex spot and derivatives indicator is the latest generation of volume based algorithmic volatility trend Indicator developed by Quantdegen group. It is a confluence of multiple modified legacy indicators to suit trader's ease to understand in which direction market is headed. This generation of apex SDI is also developed with a vision to automate the trades with...