The SKYNET buy/sell 2.0 indicator generates buy and sell signals based on the following conditions: **Anchor line : This anchor line is calculated based on certain parameters. The anchor line is calculated in such a way that the stock/instrument moves around this anchor line. The calculation of the anchor line uses a look back period which is set to 9 by...
BB% based indicator. It tracks the percentage distance between price and its deviations. Using this it shows overbought and oversold levels, signalling a good chance for mean reversion. Triangles signal a good chance of price changing direction. Meaning green triangle = bull and red triangle = bear. Script also includes warnings for change of trend when blue...
Sigma Spikes were created by Adam Grimes and this is one of the best volatility indicators out there. This indicator not only gives you positive or negative volatility but with my version I can identify any sudden changes from the underlying trend. Buy when the line turns green and sell when it turns red. Let me know if there were any other indicators you wanted...
Made a line indicator for previous Daily Weekly & Monthly High / Low. You can use all 3 (D,W,M) or just one by editing the settings.
This is the old version of Range Filter from DonovanWall, that VuManChu is selling in his discord as "VuManChu Swing" which in reality is just Range Filter, a open-source script from DonovanWall.
it combines the 3 super trend indicator values to save space for more indicators in the chart , and it works perfectly with the stochastic RSI indicator
All credit goes to @DonovanWall for the Range Filter. I just added Buy & Sell labels to demonstrate how the VuManChu Swing generates the same exact signals as the Range filter using the exact same settings between the two indicators. This would only seem plausible if VuManChu Swing runs on the same code as the Range Filter. It looks likely to be the old version...
To appreciate dear Mr.Khakestar efforts i have converted his mt4 ATR formula to pine script. All credits goes to him. Special Thanks To shayankm Long Step $ Short Step added DR added Standard SL added Eng.SL and Hunter.SL added. Incompatible default colors with dark theme now are fixed. Colors can be changed from settings. All drawing sizes can be modified from...
I was looking for a script similar to ATR that would show percentage point volatility relative to current price. It's way easier to compare 2 different tickers, with similar entry conditions, and judge witch one has bigger gains predisposition than calculating everything with just ATR value. Unfortunately I haven't found any, so there is one I've composed out of...
Version 1.0 - The sessions indicator helps you separate Asia, London & NY trading zones. We found it very useful to identify each session for scalping benefits. The main strategy to this indicator is to scalp long/short at each sessions open/close where we suspect volatility to be at its peek. The high/low of each session is usually put in at the open/close of...
The Wave-PM (Whistler Active Volatility Energy - Price Mass) indicator is an oscillator described in Mark Whistler's book 'Volatility Illuminated'. The Wave-PM was specifically designed to help read cycles of volatility. When visualizing volatility cycles as a heatmap we can get a clear overview of market volatility phases on multiple timeframes, and more...
According to Dow theory, market has three movements, main movement, medium swing and short swing. Dow theory is very easy to understand with multiple time frame, and probably we can say real market has more than three movements. For example, every time frame, whether it’s 1min, 5 min 30min or Day, Week, Month, has its own ups and downs, like waves in the...
Many traders believe that the moving averages are favorite tools and analysts have spent decades trying to improve moving averages partiularly the simple moving average. One way to address the disadvantages of moving averages is to multiply the weighting factor by a volatility ratio which is called Adaptive moving averages. This indicator uses an special adaptive...
What is ATRP? Average True Range Percentage (ATRP) expresses the Average True Range (ATR) indicator as a percentage of a bar’s closing price. How does this indicator work? ATRP is used to measure volatility just as the Average True Range (ATR) indicator is. ATRP allows securities to be compared, where ATR does not. ATR measures volatility at an absolute level,...
This is a Multi Timeframe moving average ROC (percent of change) dashboard. This dashboard shows percent of change of current price to a moving averages on different time frames. Most left value in the dashboard always represents your chart time frame, while the next 3 represent other time frames which you can set in 'MA+ ROC' settings. Support User Defined time...
I really love the new Pinescript creation --- tables . This one is designed to remind you of DAILY and WEEKLY data when you drop to lower timeframe charts. Weekly and Daily HIGHS and LOWS are completely objective pieces of information. Good for declaring characteristics of a trading day. ► If any week or day is considered BULLISH, it means the CLOSING price is...
This indicator is a based on "200 Week Moving Average Heatmap" by Plan B. It shows "heatmap" of a security based on % increase of its 200 week (or other) moving average. It can be used for Bitcoin, as well identifying overheated Stocks (like TSLA). Plan B designed this indicator for Bitcoin using MA = 1400 (which is 200 trading days in Crypto), I personally found...