This indicator allows you to add up to 3 volatility bands to VWAP based on its Standard Deviation. Best use is for intraday but you can choose higher timeframes too. For day trading a band of 3 standard deviations usually works well as an overbought/oversold region, allowing for mean reversion trading, but you are free to come up with your own strategies. Enjoy!
Best Currency Strength Indicator is a visual guide that demonstrates which currencies are currently strong, and which ones are weak. FX Currency strength indicators include multiple calculation to choose from 1. Relative Strength Index ( RSI ) 2. True Strength Index (TSI) 3. Absolute Strength Index (ASI) 4. Linear Regression Slope ( LRS ) 5. Rate of Change ( ROC...
This script plots market profiles that show the amount of time price has remained at a particular level during past sessions, often referred to as "time price opportunity". TV user @LonesomeTheBlue created the original Market Profile indicator on which this script is based. This version makes minor changes to the automatic timeframes, and to show historic...
An indicator that let's you visualize the current drawdown and maximum drawdown from an All-Time High
The Altcoin Season Indicator compares performance of Bitcoin with the performance of the top altcoins over a specified period. The indicator weights the results, giving greater weight to the first specified altcoins. By default, the larger market cap altcoins, such as ETH, BNB, ADA, etc., are included first and therefore given greater weight in the algorithm. ...
COG Average COG stands for Center of Gravity. This indicator is an average of multiple COGs based on different sets of timeframes. To get the single COGs this average is based on, use the Market Flow COG (Overlay) indicator. COG Average is primarily a support and resistance indicator. It can also be used to identify trend and trend changes as well imminent...
This script allows you to quickly estimate the maximum drawdown/growth level in percent on the history. The indicator is designed for TF=1D and is suitable for any instrument. In the settings, you can select a resolution of 1 month or 1 week in size, the indicator will mark the interval you selected on the chart and calculate the maximum price change for this...
B1rd's Awesome ATR: An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels. This indicator gives the user a powerful range of input variation with myriad permutations of smoothing and look back lengths, to build an objective value from which to measure profit and stop levels. This...
█ OVERVIEW Price Panel provides Nifty /BankNifty Index comprehensive Price Insights on different time intervals. It helps to determine the trend of Index using top Index Heavy Weights along with Dow, India VIX & Index Spot Prices. It helps to determine the price behavior of the underlying Index/stock to make informed decisions while trading. █ FEATURES a)...
**This indicator can be applied to the ticker of your choice (not just BTC)** Markets are said to be "efficient". An efficient market is by definition unpredictable - no matter the amount of ML, computation, or indicators thrown at it. In particular, in an efficient market, TA will not be of help. An illustration of efficient markets is the WSJ's longstanding...
Narrow Range (NR) trading strategy is a breakout-based method that assumes that the price of security trends up or down after a brief consolidation in a narrow range. This indicator can plot: 1. Narrow Range (NR) 4, 7, and 21 2. Narrow Range (NR) 4, 7, and 21 + Inside Bars (IB) NR 4/NR 7/NR 21 day acts as a confirming factor on where the price will move further....
Published 10 July 2021 MC Pro (Momentum Compressor) with Fast MACD Detects buying selling momentum & consolidation suitable for Swing & Day Trading. Check settings option switch to FIFO setup. Histogram Green = Buying momentum firing up (good for swing trade) Red = Pullback (Red below histogram line is Downtrend) Pink = Rebound (good for bottom catch / FIFO...
Calculates weighted mean, variance, standard deviation, MSE and RMSE from time series variables or arrays. When calculating from arrays, the function expects index 0 to be the most recent sample and weight values.
Trading, like any "game of chance" is best studied and practiced using statistics. Distributions are a simple and intuitive way to summarize your data and identify whether they follow a pattern (e.g. Normal aka Gaussian distribution, or otherwise) Use cases: - Confirm or infirm the indicator / strategy / time series you are looking at follows a known...
SPSC What is this? SPSC, or Simple Position Size Calculator, is a tool designed to help with long entries and risk management. You can set 3 separate take profit levels, your stop loss, and desired risk percentage of your overall capital. There is also an option to plot historical take profit and stop loss levels. GLHF! - NFA!
Create your own crypto pair to see the relative price movement between 2 coins. This indicator is a good reference tool to do hedge trading. Users can enter the exchange and ticker name they like.
Prices high above the Moving Average (MA) or low below it are likely to be remedied in the future by a reverse price movement as stated in the article by Denis Alajbeg, Zoran Bubas and Dina Vasic published in International Journal of Economics, Commerce and Management This study is the third variant that aims to present this idea, and the output of the study is...
What does it do? Makes available to you the BB (Bollinger Bands) in a colored format and provies signal on the right side bar according to a Short, Mid or Long period. If the candles are going out of the Bands too often, then use the Extended Bollinger Band atributes available to create an extra band around the original ones. How does it work? The BB drawing...