Volume with color helps to quickly identify accumulation or distribution. An accumulation day is an up day with volume greater than a user selected average. A distribution day is a down day with volume greater than a user selected average. This indicator will highlight those days by changing the volume bar colors for an easy visual.
Made using elements from two Cheatcountry scripts: Includes a Bollinger Band for bounds that forms a trend follower based on the 0 point. Includes CheatCountry color code signals, different color scheme. Bright colors are strong signals, ark are weak, green bull, red bear, the basics. Switches for Bollinger Band color codes, which can actually be useful...
The "Zig Zag Stochastic" indicator is an indicator that uses a combination of zigzag pivot points and exponential smoothing to calculate a stochastic-like oscillator. The indicator starts by identifying pivot high and pivot low points in the price data using the Zigzag indicator. These pivot points are then used to calculate the scale_price, which is a ratio of...
This is just experimental. I wanted the flexibility in looking at volatility and this indicator gives you several ways to do so. I haven't figured out the best way to use this yet but I suspect that as a form of entry confirmation indicator would be best. If you find a way this works well for you please drop me a note. It would nice know someone found a way to...
The indicator shows the MACD histogram sign (positive or negative) for several timeframes at once. You can see at a glance how the price is trending across higher and lower timeframes. The code uses recursive calculations for the SMA and EMA to avoid lookahead errors and repainting on higher timeframes. Note that, for lower timeframes, the line becomes yellow to...
HTF Tool 2: Because the previous version was removed for being too powerful. HTF Tool allows Users to display Higher Timeframe(HTF) Candles on their Chart with retracement lines drawn from the (High/Low) range of the HTF candle, as well as a live HTF MA. This indicator perfectly handles Requested data to display a non-lagging HTF Moving Average(MA) by bridging a...
Signals Indicator Summary This indicator allows traders to have in handy short and long signals and estimate the trend of the market. The indicator draws Long and Short signals depending on the trend analysis. The indicators also use meaningful colors for traders to be able to visually understand the graphs, such us fillings on EMAs, so the possible trend is...
Market Signals Screener This indicator allows traders to have a view of multiple pairs and timeframes Long/Short signals and specific information of parameters, based on the TwV Market Signals also developed by me and that can be found on my profile. Full Screener Panel This panel allows the trader to monitor multiple pairs at a single screen, giving an...
This is a script about 20 trading pairs with trendline. -on each chart of a trading pair, there is only one trendline pair: 1 uptrendline and 1 downtrendline -so when the statistics on the table also show the column of the uptrend and the column of the downtrend -When the price approaches any trendline but the ratio is 1%, that trendline will be colored blue...
We defined new method to derive zigzag last month - which is called Channel-Based-Zigzag . This script is an example of one of the use case of this method. 🎲 Trend Following Defining a trend following method is simple. Basic rule of trend following is Buy High and Sell Low (Yes, you heard it right). To explain further - methodology involve finding an...
This script is created to check cross of two EMAs after their DEMA cross (for Nifty and BankNifty). It also has an option to show the cross as it happens in the 30 min timeframe on the lower timeframe chart. Pls Note - This is for study purpose only and one shouldn't open a trade based on the cross. This script was created keeping 15 min timeframe as the default....
I designed this indicator to help me identify Option CALL and PUT signals for the QQQ and SPY on the 1 min chart. Summary of how it works 1. It identifies the Pre-Market channel High and Low and draws green and red lines for the day at these levels. 2. Waits for a morning or afternoon sessions breakout/breakdown of price out of that channel. 3. The buy a CALL or...
Idea: This script combines: Parabolic SAR, Stochastic RSI and MA SAR is used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. Combine Stochastic RSI to point out the strength of the SAR signals.(Of course the setting for Stochastic RSI in this script is customized). Then using MA to calculate and...
The 3 EMA Shakeout is Matt Caruso's twist on the undercut and rally. 3 main criteria for this set up: ✅The stock undercuts a previous low ✅The stock then has 3 days to close above the 3 exponential moving average ✅An entry triggers the next day if the stock moves above the high of the day that closed above the 3ema This indicator captures all three criteria...
DESCRIPTION: This script combines the Relative Strength Index ( RSI ), Moving Average and Divergence indicator to make a better decision when to enter or exit a trade. - The Moving Average line (MA) has been made hidden by default but enhanced with an RSIMA cloud. - When the RSI is above the selected MA it turns into green and when the RSI is below the select MA...
Standard Deviation based on VIX Volatility Index is a measure of market's expectation of volatility over the near term. Volatility is often described as the 'rate and magnitude of changes in prices' and in finance often referred to as risk. Volatility Index is a measure, of the amount by which an underlying Index is expected to fluctuate, in the near term,...
Simply use it by clicking on your chart on the places you find important to determine whether you entries or exits look strong or weak.
This script intends to give you the average bid/ask price when using FX trade function on Revolut. Best used with OANDA markets as the price source.