The "Velocity and Acceleration Signals" indicator is a versatile tool designed to provide traders with valuable insights into price momentum and acceleration. By harnessing the power of mathematics and visualization, this indicator helps traders make informed decisions in the fast-paced world of financial markets. Crunching the Numbers: How It Works At its...
The Kaufman Efficiency Ratio (also known as the Efficiency Ratio or ER) is a technical indicator used in technical analysis to measure the efficiency of a financial instrument's price movement. It was developed by Perry J. Kaufman and is designed to help traders and analysts identify the trendiness or choppiness of a market. The Kaufman Efficiency Ratio is...
RENKO STRATEGY CAUTION : This strategy must be applied to a candlestick chart (not a Renko chart). INTRODUCTION : The Traditional Renko chart has been reproduced and is plotted according to the evolution of the price. It will enable us to receive buy or sell signals and follow major trends. This is a medium/long term strategy and depends a lot on the box...
█ Overview: The MA Slope calculates the slope based on a given moving average. The Moving Average Slope indicator allows you to identify the direction and the strength of a trend. It calculates the rate of change in percentage based on the user-defined moving average. █ Calculation: This indicator calculates the slope based on the changes of moving average and...
Z-Score-Asymmetrik User Manual Introduction The Z-Score Indicator is a powerful tool used in technical analysis to measure how far a data point is from the mean value of a dataset, measured in terms of standard deviations. This indicator helps traders identify potential overbought or oversold conditions in the market. This user manual provides a...
While exploring the new Pine Script feature, Polylines, I've created a fun project called the Ice Cream Volume Profile for the visible range. This fun project serves several purposes: It displays the level at which the most trades (volume) occur. It provides Delta volume information. It counts how many times a bar closed within this level. ...
Hello Traders :) I am Only Fibonacci. My purpose in coding this indicator was to detect support and resistance more easily. What is the working principle of this indicator? This tool detects pivot points. If the length of the sell pin is higher than the length of the buy pin, it is considered as resistance. It detects the formation according to the length of...
🎯 Overview: Supply and Demand trading has been becoming one of the most popular trading strategies over the past year. Supply and Demand trading is a trading technique based on finding key zones which price can bounce off of. While most indicators only look at 1 time frame, this indicator looks at many timeframes(you can turn them on/off in the settings)....
The ADX Trend Confirmer aims to give traders or algorithms a way to confirm a trend before entering a trade. While the default for ADX is a smoothing factor of 14 and a length of 14 to measure directional strength. In my experience this is a lagging indicator and not the best for confirming if the market is trending. 🟢 What are the methods used for confirming...
The indicator is designed for traders who are more interested in market structures and price action using volumes. Analyzing volumes, key market levels, market phases (trend or range/sideways), and multiple timeframes can help the trader build a clearer and more comprehensive view of the market. The data analysis algorithm is developed based on VSA methods,...
This stock indicator evaluates 40 exchange-traded funds (ETFs) by comparing their relative price movement over time periods ranging from 1-12 months. We created this tool as a shortcut to identifying the best and worst-performing areas of the market over the short to medium term. This is done by tracking ETFs which each hold a basket of stocks in their respective...
The SuperTrend Polyfactor Oscillator is an oscillator based on the popular SuperTrend indicator that aims to highlight information returned by a collection of SuperTrends with varying factors inputs. A general consensus is calculated from all this information, returning an indication of the current market sentiment. 🔶 USAGE Multiple elements are...
E-mini S&P 500 Futures ESZ2023 Contract Gann Support & Resistance Description: Support and resistance angles based on starting date and time stamp and ending date and time stamp, extended to the right in time to show interaction with price. The method of drawing these Gann angles is different than other previously published “Gann angles” and uses an esoteric...
Introducing the "SML Suite" Indicator The "SML Suite" is a powerful and easy-to-use trading indicator designed to help traders make informed decisions in the world of financial markets. Whether you're a seasoned trader or a novice, this indicator is your trusty sidekick for evaluating market trends. Key Features: Three Moving Averages: The indicator...
Trend Analysis has always been an important aspect of Trading. There are so many important types of Trend Analysis and many times it may be difficult to identify what to use; let alone if an Indicator can/should be used in conjunction with another. For these exact reasons, we decided to make YinYang Trend. It is a Trend Analysis Toolkit which features many New and...
Hello! This script "Zig Zag Open Interest Footprint" calculates open interest x price values for zig zag trends! Features Open interest footprints anchored to zig zag trends Summed OI x price level footprints Total OI (for each category) for the entire trend shown Standard POC lines, in addition to separated POC lines for each category of open interest x...
█ Overview The Volatility Trend (Zeiierman) is an indicator designed to help traders identify and analyze market trends based on price volatility. By calculating a dynamic trend line and volatility-adjusted bands, the indicator provides visual cues to understand the current market direction, potential reversal points and volatility. █ How It Works The...
"HTF - Candles with polylines" draws the previous Higher TimeFrame candles with the new feature polylines . 🔶 USAGE This publication makes it possible to see Higher Time Frame (HTF) candles on current chart, so you can see the bigger picture without switching to a HTF The current HTF is represented with a dashed-line box, covering the recent HTF open &...