This indicator can display the code, time period and current date of the selected commodity in real time in the upper right corner of the screen. The display size of the 3 display fonts can be adjusted in the options.
### Purpose and Use of the Output - **Identifying Bullish Reversal**: The Morning Star pattern is a bullish reversal signal that traders look for at the end of a downtrend. When this pattern appears, it suggests that the market may be shifting from bearish to bullish sentiment. - **Trading Decisions**: Traders can use this indicator to make informed decisions...
//@version=5 indicator("RSI + SMA Indicator", overlay=true) // Parametreler rsiLength = input(14, title="RSI Length") smaLength = input(50, title="SMA Length") rsiOverbought = input(70, title="RSI Overbought Level") rsiOversold = input(30, title="RSI Oversold Level") // RSI hesaplama rsi = ta.rsi(close, rsiLength) // SMA hesaplama sma = ta.sma(close,...
Helps traders calculate the quantity they need to trade in a easy an simple manner.
// © Williamtrades10x //@version=5 indicator("McClellan Oscilator") advn=request.security("ADVN","D",close) decn=request.security("DECN","D", close) //calc ana=(advn-decn)/(advn+decn) * 1000 ema1= ta.ema(ana,19) ema2= ta.ema(ana,39) osc=ema1-ema2 //signals mline = 0 sline = -80 cross=osc=0 and osc>osc ? color.green: osc>=0 and osc<osc ?...
Nifty50 Custom Red Candlestick with Increasing Volume
script is suitable for both beginner and experienced trader
1. setting the price range At the beginning of the script, set the price range (interval). Price ranges are used to divide prices into several groups (buckets) and record how many prices have been reached within each group. For example, setting the price range to “10” will divide the price into intervals 0-10, 10-20, 20-30, and so on. The price range can also be...
Setting Up the Indicator Default Settings: Override Swing Length: 5 Override Lookback Bars: 25 EMA 1 Period: 5 EMA 2 Period: 8 ADX Period: 14 ADX Threshold: 20 Recommended Settings: For Low Timeframes (Scalping): Timeframe: 1-minute to 15-minute charts. Override Swing Length: 3 to 5 Override Lookback Bars: 10 to 20 EMA Periods: EMA 1 = 5,...
//@version=5 indicator("Average and Percentage Increase", overlay=false) // حساب أعلى وأقل قيمة للسهم في آخر سنة (252 يوم) highest_1year = ta.highest(high, 252) lowest_1year = ta.lowest(low, 252) // حساب أعلى وأقل قيمة للسهم في آخر 6 أشهر (126 يوم) highest_6months = ta.highest(high, 126) lowest_6months = ta.lowest(low, 126) // حساب معدل القيم الأربع (أعلى وأقل...
this script show buy/sell signal toghether in one indicator using rsi and super trend......happy trading
Thanks to Mr Saeed Khakestar, my grand master and teacher. Call me Doctor, you're not lying :) this indicators shows you ATR and Th that we learned in "TRIGGER PRICE ACTION" by SD.
Breakdown of the Leading Indicator: Linear Regression (LRC): A linear regression line is used to estimate the current trend direction. When the price is above or below the regression line, it indicates whether the price is deviating from its mean, signaling potential reversals. Rate of Change (ROC): ROC measures the momentum of the price over a set period. By...
Description : This indicator plots customizable horizontal lines spaced every $5 on the XAUUSD chart, with exactly 3 lines above and 3 lines below the nearest $5 level from the current price. Key Features : Line Spacing: The lines are plotted at $5 intervals starting from the nearest whole $5 price below the current price (e.g., $1900, $1905, etc.). ...
Explanation: 1. Bullish Large Candle: The first candle is defined as bullish, where the closing price is much higher than the opening price. It also needs to have a large body (at least 60% of the total candle height). 2. Small Bearish Candle: The second candle is bearish and closes near the high of the previous bullish candle, with a relatively small body. 3....
█ OVERVIEW This script provides a visual tool for traders to track the New York Midnight (NY Midnight), a significant time marker for those who rely on New York’s financial markets. The script calculates the exact moment of midnight in New York and places a vertical line on the chart at this time, helping traders identify when a new trading day begins according...
Hello everyone, Here I present Nifty IT index volumes calculated based on weighted volumes of all constituents. A simple formula for calculation: constituent1.volume*weightage + constituent2.volume*weightage + .... You can change color and code if there is a change in constituents of the index from NSE. I will share other index volumes soon. Enjoy!
EMA and RSI linked with all ema's - et's adjust the script to avoid using plot and hline inside conditional blocks. Instead, we'll always define them and control their visibility using the style parameter for the plot function. Here’s the corrected version: