#### Introduction The " L1 Bullish Trend Indicator" is a unique tool designed for TradingView, tailored to identify and analyze bullish trends in the market. This guide provides an overview of its definition, history, calculation method, operations, and practical trading applications, tailored for both beginners and experienced traders. #### Definition - **Role...
The Trend Change Indicator is an all-in-one, user-friendly trend-following tool designed to identify bullish and bearish trends in asset prices. It features adjustable input values and a built-in alert system that promptly notifies investors of potential shifts in both short-term and long-term price trends. This alert system is crucial for helping less active...
Indicator Overview The Ichimoku Bala indicator is a modification of the traditional Ichimoku Kinko Hyo indicator that aims to improve its effectiveness in identifying trend reversals and potential trading opportunities. It incorporates additional lines, such as the Senkou Span B--0 line, to provide more nuanced insights into price movements. Input...
How this script works : 1. This script is an indicator script which calculates the support and resistance based on pivot high and pivot low and plot them as zone onto the chart. 2. The first user input is minimum number of touches which indicates how many time pivot high or pivot low should be tested in order to be a valid support or resistance level. 3.The...
Library "TimeSeriesClassificationActivationFunctions" Provides some activation functions useful in time series classification. ___ reference: github.com method scale(dist, weights) Activate values by a normalized scale. Namespace types: map Parameters: dist (map) : Source distribution map. weights (map) : Weights distribution map. Returns:...
Timing is one of the influential factors in a trader's position. This indicator categorizes transactions into three sessions (Asia, Europe, and America). Five significant trading cities (New York, London, Frankfurt, Tokyo, and Sydney) are selectable. I recommend using the tool on a 5-minute time frame, but it is usable on all time frames. Settings: • Trading...
Library "MatrixScaleDown" Provides a function to scale down a matrix into a smaller square format were its values are averaged to mantain matrix topology. method scale_down(mat, size) scale a matrix to a new smaller square size. Namespace types: matrix Parameters: mat (matrix) : Source matrix. size (int) : New matrix size. Returns: New...
This script mainly works on BTC on the daily timeframe. Other coins also show similar usefulness with this script however, BTC on the daily timeframe is the main design for this script. (Please note this is not trading advice this is just comments about how this indicator works.) This script is predictive. It colors the background yellow when the script...
Volume Oscillators Focus Indicator Short name VolumeFocus This indicator seeks to show episodes of high and low volumes analyzing these by calculating three lines and create colorings on the basis of where these lines go relative to each other. The first line is a percent based on the current volume level, for which a 3 period sma is taken. It is calculated by...
The "Kendall's Tau Correlation Regimes" indicator is designed to analyze price data and determine market regimes based on Kendall's Tau correlation coefficient. It provides insight into the strength and direction of the correlation between two data series: close price and a selected moving average. User Inputs: Period: Defines the lookback period for...
Auto TL & S/R Blocks by Nostalgic_92 This powerful TradingView indicator automatically identifies trendlines and support/resistance levels with dynamic transparency blocks, helping traders make informed decisions. Easily customizable, it offers adjustable parameters for lookback periods and transparency, allowing you to adapt it to your trading style. Key...
Introduction The Multi VWAP tool extends the concept of using the Anchored Volume Weighted Average Price, popularized by its founder, Brian Shannon, founder of AlphaTrends, and creates automatic AVWAPS for multiple anchor points, such as for 2-day, 3-day, 4-day, 5-day, and custom date anchors as well as automagically creating month-to-date and year-to-date...
Introduction: The " L2 Double EMA Convergence and Divergence (DEMACD)" is a custom technical indicator designed for use in TradingView. It's based on the concept of Double Exponential Moving Averages (DEMA) and incorporates elements from the well-known Moving Average Convergence Divergence (MACD). This guide aims to provide an understanding of its definition,...
The "Crypto USD Liquidity " indicator is designed to offer a comprehensive analysis of liquidity dynamics within the cryptocurrency market, specifically focusing on various stablecoins. This versatile tool allows users to tailor their analysis by adjusting key parameters such as the Rate of Change (ROC) length and the smoothing rate. The indicator...
The Advanced Golden and Death Crossover Indicator offers traders a powerful tool for identifying potential buy and sell signals through the classic technical analysis method of moving average crossovers. This script enhances decision-making by dynamically changing the chart background color in response to Golden (bullish) and Death (bearish) crossovers, providing...
Note: CREDITS: This is based on the Up Down Volume Indicator (published in Trading View) and Elder Ray Index (Bull Bear Power). The Composite Bull Bear Dominance Index (CBBDI) is a indicator that combines up down volume analysis with Bull and Bear Power to provide a comprehensive view of market dynamics. It calculates Z-scores for up down volume delta and bull...
The Least Median of Squares (LMedS) is a robust statistical method predominantly used in the context of regression analysis. This technique is designed to fit a model to a dataset in a way that is resistant to outliers. Developed as an alternative to more traditional methods like Ordinary Least Squares (OLS) regression, LMedS is distinguished by its focus on...
Introducing the Volume-Trend Sentiment by AlgoAlpha, a unique tool designed for traders who seek a deeper understanding of market sentiment through volume analysis. This innovative indicator offers a comprehensive view of market dynamics, blending volume trends with price action to provide an insightful perspective on market sentiment. 🚀📊 Key Features: 1. 🌟 ...