It is an indicator combining the RSI indicator and KDJ indicator. Buy signal will triggers when: RSI signal positioning below 25 J value crosses below 0 Sell signal will triggers when: RSI signal positioning above 85 J value crosses above 100 *********** Please take note that this indicator may be not accurate for every chart in the crypto market, but it is...
Exploit Market Cycles with the Dominant Period-Based Moving Average Indicator Introduction: In the world of trading, market cycles play a crucial role in determining the rhythm of the market. These cycles often consist of recurring patterns that traders can exploit to maximize their profits. One effective way to capitalize on these cycles is by using a moving...
Expected Volatility Hello and welcome to my first indicator! I'm publishing this indicator as free to use and modify because I think it's a great place to learn and I hope I can teach you something. There are some terms which you need to understand before I begin explaining this indicator and what it does for you: Daily Settlement - The price at which a market...
In this post, I will dive into my Moving Average Extrapolator, a tool that I created to help traders predict future price movements based on past data. I will discuss the underlying logic, its limitations, and the importance of accounting for delays in the moving average. The following code, my Moving Average Extrapolator, will serve as the basis for our...
This is a + version of my original Market Breadth Ratio Indicator DESCRIPTION The Market Breadth Ratio+ indicator is a tool that can help traders gain a more comprehensive understanding of market breadth by providing a ratio between Up volume (UVOL) and Down volume (DVOL). While the VOLD indicator provides a straightforward measure of the difference...
The oscillator in the provided script is a custom indicator designed to help identify choppy market conditions and generate buy and sell signals based on the direction of the price movement. It is derived from the ATR (Average True Range) and the percentage of the ATR relative to the closing price. When the ATR percentage is below the specified threshold, the...
The Double Bollinger Bands strategy is a trend-following strategy that aims to identify high-probability trading opportunities in trending markets. The strategy involves using two sets of Bollinger Bands with different standard deviation values to identify potential entry and exit points. Bollinger Bands are a technical analysis tool that consists of three lines...
The "Mean Reversion" indicator in this script is a popular trading strategy that is based on the concept that over time, prices tend to move back towards their mean or average. This trading strategy seeks to identify instances where the price has deviated significantly from its mean and therefore presents an opportunity to profit from its eventual reversion to the...
Original Idea Credit: Verified Market Waves Hi, After watching different videos online on how to get targets of BankNifty & Nifty decided to write this small script using VIX. Nothing great but I really like the concept of getting high and low targets for the day or weekly or monthly or yearly. What does the script do 1. We get closing of India Vix &...
Description: The Volume Shaded Candles indicator (VSC) is a technical analysis tool designed to represent price candles on a chart with transparency based on the volume traded during each candle. This overlay indicator enhances visual analysis by providing a visual representation of volume intensity. How it Works: The VSC indicator calculates the...
The top and bottom of this indicator use the same logic as my Wick Delta script, but it displays differently, visualising the rejection or buy/sell pressure that wicks can represent. Outliers are highlighted in darker colours and often show inflection points, particular if they've just wicked into liquidity. So the start or end of moves, or a trend change. They...
This is the next version of the original indicator: To anyone unfamiliar with KST, it is a cousin of RSI. Basically, this indicator is analyzed like we would analyze charts using Stochastic RSI. It is basically an "energy oscillator". This indicator considers price with the theory of relativity. Relativity works this way: A downward moving MACD means that ...
I'm happy to present to you... VOLLINGER BANDS. Loosely based on bollinger bands, this indicator uses the new Up/Down Volume indicator from tradingview, which I have add moving averages, and a width calculation between them to determine squeeze. Essentially I have created a volume squeeze bollinger band derivative, hence the term "Vollinger Band". The bands are...
TL;DR - An Oscillator based on T3 moving average The T3 moving average is a well known moving average created by Tim TIllson. Oscillator values are created by using the simple formula "source (close by default) - T3 moving average". Tim Tillson used a "volume factor" of 0.7 in his original T3 calculation. I changed this value to 0.618 and added the option to...
PD-Box with Fractal Points V1 (by Jonny86FXPro) This indicator has several functions: Premium/Discount Box: The two most recent fractal highs and lows form a premium/discount box that provides valuable information about potential price movements. Fractal Breaker Lines: Two fractal breaker lines are integrated for the high and low points to better visually...
The indicator is called the "Awesome Cumulative Volume Oscillator" (ACVO), which analyzes the cumulative trading volume of the underlying asset. The indicator also plots the deviation of the cumulative trading volume from the first SMA value, which is referred to as the "Cumulative Volume Deviation". The zero-line is plotted as a reference point. If the...
Indicator overview CVDD stands for Cumulative Value Coin Days Destroyed. Coin Days Destroyed is a term used for bitcoin to identify a value of sorts to UTXO’s (unspent transaction outputs). You can learn more about UTXO’s here. They can be thought of as coins moving between wallets. When coins are sent between wallets, the transaction has: a USD value plus, it...
Students of ICT concepts will know that the first FVG found within particular session periods can identify an important price level for intraday traders. "Find the first FVG at the start of the session and drag a box from it to the right"....ICT The script finds the first FVG (either bull or bear) within the following periods: London Killzone (0200 - 0500)...