A dynamic envelope is designed to build an actual envelope that consider the volatility of a trading instrument. A dynamic envelope is an ideal counter-trend indicator, it takes into account the nature of the movement of the instrument. At the same time, it does not require adjustment of parameters over time, it adjusts itself to volatility. The indicator can be...
A way to find if price made a big move in a user input given amount of time ago. If it made a move more than the given percent amount, a colored zone will be placed until a given amount of length finishes taking place, and then it will stop coloring the zone. This helps filter out or find stocks that are making or have made too big a price move or were too...
Combining Pivot High Low and Donchian Channel - both of which are useful indicators for trend following. Donchian Channel shows highest and lowest prices for X number of bars. Pivot High-Low identifies when price made new Highs and Lows Applying Donchian Channel on Pivot High-Low channel, we are plotting highest and lowest pivots formed in X bars. In this...
A better tool to measure market volatility. The true ranges are weighted by the volume and averaged through the specified period.
The Donchian Dip This strategy is designed to look for good "Buy the Dip" entries on stocks that are clearly in a strong 1-year upward trend. If you do not know how to identify those stocks on your own please do not use this system or continue your education until you do. The Donchian Dip strategy was designed on the daily time frame but works amazingly well on...
I wanted to see if I could programmatically identify the conditions I saw just before Bitcoin broke its all-time high end of 2020. The signal picks up several rocket launch moments prior to launching which is quite cool. It also picks up a few false starts, however. In any case, I would have loved to be stopped out on those false starts but been there for all the...
// ========================================================================// This script is meant to help you save a lot of time plotting your Gann Boxes and Cycles correctly and accurately. This is a recoded version of "Gann ToolBox V1.5/1.7" This script allows you to scale your boxes and square them with a simple input in the script's settings "$ per...
Consolidation Range Analysis Published by Eric Thies, January 2021 █ Indicator Summary This tool calculates, analyzes and plots the visualization of a relative range over a given period of time By adding to charts, users are enabled to see the impulsive nature of market cycles, along with their efforts to consolidate thereafter The default...
This indicator is used to filter the trend of stock. 2 period moving average is used to filter the unstable market. Retracement only max 3 days,to avoid big retrace cause profit burn. Background color is based on candle color. Green Candle = Bull Momentum Yellow Candle = Possible Retrace / Bear Momentum ( to avoid miss the bull wave ) Red Candle = Bear...
The indicator is used to gauge the short term volatility of the instrument relative to its long term volatility. The green columns of histogram represent lower short term volatility relative to long term, whereas Red columns of histogram represent Higher short term volatility relative to long term. Higher the bar higher the strength of the signal. This indicator...
(ENGLISH) This indicator was built to allow traders to observe the open gaps between sessions in the Market. It can be used either on daily or weekly timeframes. Also it incluses a standard deviation band (such as bollinger band) in order to verify the gaps variance. This indicator can be used to check what is the variance on the session open gaps and prepare to...
Bollinger Bands Pro: Hawk Eye / is a professional version of the Bollinger Band Indicator that uses two bands instead of one. This is the second band I call the upper and lower middle band. Sometimes you see that the candles are rejected from parts of the band and you do not know the real reason. The real reason is the middle band, which is a secret line that we...
ticker info with avg 10 days volume, atr 14 days and shares float.
Mark the recent highest high and low to give an indication what the recent price range was. Default value = 10 bars back, but customizable.
WHAT DOES THIS INDICATOR DO? I started with the idea of creating another premium indicator with a bunch of features and add it to the bundle. However, the more complex the code was becoming, the less helpful the indicator actually was. So I started from scratch and made BTC Longs & Shorts Profile super simple (as you can see in the code). The advantage over...
We often want to use a stop loss at a certain low - N*ATR, But it is too troublesome to manually calculate a certain day low - ATR. This indicator simply calculates it for you, by marking the value of day low - ATR. By default the hardcoded ATR value is 0, which means "Uses the ATR at that day with configured look back period". If you want to use a specific ATR...
This is a script that has Average Daily Ranges, as well as Weekly, Monthly, and Yearly Ranges Users can edit: ADR display limit - Set the number of historical ADR to display. AWR display limit - Set the number of historical AWR to display. AMR display limit - Set the number of historical AMR to display. AYR display limit - Set the number of historical AYR to...
Dekabot is a BTCUSDT trading signals indicator. The buy/sell alerts are not re-painted so the results displayed will not change when Tradingview is reloaded. Dekabot Alerts uses a combination of Bollinger Bands , MAs and RSI to determine if the market is in an uptrend or downtrend and a custom built indicator determines when a market is oversold and overbought...