Functions like ATR Multiplier by bjr117, but is overlaid on chart to make your setting of stop-loss and take profit levels easier. Simply set the multiplier, script will take the ATR for that time with whatever setting, multiply it with your input and plot that number plus and minus each candle close.
Objective is to find forward looking indicators to find good entries into major index's. In similar vein to my Combo Z Score script I have implemented one looking at oil and oil volatility. Interestingly the script out performs WITHOUT applying the EMA in longer timeframes but under performs in shorter timeframes, for example 2007 vs 2019. Likely due to the...
this scrips is combination of Moving average that you can alter with buy and Sell signal. it is easy to use. u can go with the trend as of the bar color turn to blue it is indcate tha ur in bullish trend and with turn to red it indicate that your in down trend. Use Ema 200 for trend confluences hope you like it. thank's Sadflute
OVERVIEW The Average True Range Multiplier (ATRX) is a simple technical indicator that takes the value of the ATR indicator and multiplies it by a user-specified amount. CONCEPTS This indicator is primarily used to set key levels based on historical volatility. The ATR indicator alone measures the historical volatility of the selected instrument, this...
Williams %R w/ Bollinger Bands is a Williams %R indicator with Bollinger bands. The Bollinger bands are used to determine when breakouts/breakdowns occur. What is Williams %R? Williams %R , also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may...
I combined these scripts for my friend. This script contains some imported work from @PatekCharts and I added the KC channels. It's not that difficult.
Adds centerline at "1.0" and reference lines at"1.1" and "0.9". These lines allow the trader to recognize strength, volatility, and momentum at a glance. VI+ or VI- lines above the "1.0" (centerline) may be considered a "Confirmed" trend.
This script displays a histogram from the mean and standard deviation of the visible price values on the chart. Bin counting is done relative to high/low prices instead of counting the price values within each bin, returning a smoother histogram as a result. Settings Bins Per Side: Number of bins computed above and below the price mean Deviation...
Table of monthly % changes in Average Price over the last 10 years (or the 10 yrs prior to input year). Useful for gauging seasonal tendencies of an asset; backtesting monthly volatility and bullish/bearish tendency. ~~User Inputs~~ Choose measure of average: sma(close), sma(ohlc4), vwap(close), vwma(close). Show last 10yrs, with 10yr average % change, or to just...
This script is focused on shorting during downtrends and utilises two strength based indicators to provide confluence that the start of a short-term downtrend has occurred - catching the opportunity as soon as possible. This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can...
Standard-Deviation Adaptive Smoother MA is a Smoother moving average with standard deviation adaptivity. What is the Smoother Moving Average? The Smoother filter is a faster-reacting smoothing technique which generates considerably less lag than the SMMA ( Smoothed Moving Average ). It gives earlier signals but can also create false signals due to its...
The essential suite Indicator that are well integrated to ensure visibility of essential items for trading. it is very cumbersome to put symbol in the Tradingview chart and combine essential individual indicators one by one. Moreover even with such a combination, the chart is messy and visibility is not good. This is because each indicator is not designed with...
The volume indicator what can replace the built-in volume indicator and It also has some useful features. and designed to work as overlay in the same pane with open-source indicator by default. Regular volume Indicator Volume SMA plot Large Volume ! emphasize by color & mark. Ultra Volume ! overlay marking ; x2 x4 x6 lager than regular average...
Beta is a measure of an asset's volatility relative to the market (the S&P500 is the most widely used index for this). A beta of 1 indicates that the asset moves exactly like the market, a beta < 1 indicates that the asset is less volatile than the market, and a beta > 1 means that the asset amplifies market movements. This tool is used to calculate easily the...
Volatility Pivot Support and Resistance calculates "pivots" (support/resistance lines) based on current symbol/timeframe Average True Range calculated volatility. What is Average True Range? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading...
Determining trends and reversals are the keys to trading, yet very difficult. Parabolic SAR is hard to trade during choppy price action. SuperTrend is a bit late in determining changes of trend and not great and exit signals. So WonderTrend is a bit of both, a more stubborn PSAR, also a faster SuperTrend. The green is up, red is down, and yellow is caution...
ATR-Stepped PDF MA is and ATR-stepped moving average that uses a probability density function moving average. What is Probability Density Function? Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights. Included: -Toggle on/off bar coloring -Toggle on/off signals -Alerts long/short
"Extreme Bars" is a simple but useful indicator that marks overbought and oversold candles. This indicator paints candles that fall far above the average red, and the candles that rise above the average green. Of course, they can change these colors if they want. "Extreme Bars" can be interpreted in many different ways. The starting points of colored candles can...