Note: This script does not perform well on its own and is meant to inspire other coders, just sharing it because why not :) The idea is simple, highest only gets calculated for green candles, lowest only gets calculated for red candles. a yellow dot gets created when a candle gets below lowest line and closes bullish, vise versa for red dots. Hope someone can use it.
This is a moving average cross script that plots moving averages of moving averages. Easier to find settings with one length instead of two I think. Use this script for inspiration or find good settings and share them, simply publishing this because I couldn't find it on TradingView yet. Have a nice day!
Hi! This is a very simple script that I couldn't find on TradingView yet. Look at this indicator how you want (band, cloud, ma's) and create your own settings, I did not test it. Normally, Donchian average calculates the average(middle) of the highest point of a given period and the lowest point of that same period. Here I use two separate periods, one for...
This is a pretty straight-forward script. I just wanted to see percent bands around the VWAP after looking at the standard deviation bands for a while and even dabbling with keltner channels. This is the cleanest in my opinion. The script is open so feel free to poke around! The default settings are below, just to confuse 0.25 with 25%. 0.25 = 0.25% 0.5 =...
Simple script to plot the MA of candle body size and candle wick size. When sicks are larger than bodies (especially if both are also higher), it can often mean indecision, volatility, and unpredictability in the market.
Average Daily Range of a given period. Period is an adjustable input through setting's menu.
Here is a label panel that shows the stop-loss number for Long or Short trades based on volatility using average true range and and a mult of that.
ATRCD calculates a MACD over the Average True Range, therefore helping traders to spot momentum in volatility. The Average True Range is a measurement of the average candle size over a period of time, i.e. when the candles are small, the ATR is low. ATR measures volatility . The MACD is a momentum indicator. It measures market momentum based on the average...
This is the same as my Effort v Reward script but instead is an overlay that changes the background color rather than using a pane at the bottom. A little less info but more at a glance.
I made this indicator to make it easier to compare volume and price movement. This is similar in concept to the Market Facilitation Index by Bill Williams, although hopefully this can make that analysis easier to see at a glance (similar to the way some bar overlays/recolors work but with more detail and in its own pane). The primary use for this indicator would...
Upside & DownSide Volatility is commonly used in the ProfitTrailer:Feeder community scene, so I decided to create a script for it. Please 'follow & like' if you like this script! Thanks
Bollinger bands says whether price or any source is relatively high or low at any particular point of time. We can apply Bollinger bands on RSI and volume indicator Price Volume Trend to identify if RSI movement or PVT movement is relatively high or low. By calculating Bollinger %B, we can define the variation in a range between 0 to 1. By applying Bollinger %B...
Portfolio Risk Metrics (Part I): beta 'β' The beta coefficient can be interpreted as follows: β =1 exactly as volatile as the market β >1 more volatile than the market β <1>0 less volatile than the market β =0 uncorrelated to the market β <0 negatively correlated to the market excerpt from the Corporate Finance Institute correlation coefficient 'ρxy'...
This script will help you determine your MarketConditions Grouping for PtFeeder. You're able to input the specific top 10/20/xx pairs you want to use to fine-tune your groupings as well as specific BasePairs, there values will be automatically printed on the chart! When measuring top coins trend, this is how many top coins to check by volume from the exchanges...
This script was created to help people determine which HighLowPercentageChange settings work for them in the ProfitTrailer bot as well as set specific groupings in PTFeeder. For more in-depth knowledge on how it's calculated/works I would advice you to visit the ProfitTrailer and/or PtFeeder wiki pages. Massive thanks to NigglesSquiggles for creating the first...
This script was created to help people determine which ATR settings work for them in the ProfitTrailer bot as well as set specific groupings in PTFeeder. For more in-depth knowledge on how it's calculated/works I would advice you to visit the ProfitTrailer and/or PtFeeder wiki pages. If you have any questions, please just let me know! Enjoy
The Script can be used to identify the main trend and take BUY/SELL decisions in the lower time frames. The tool can be applied as follows 1) Apply the tool your favorite chart 2) Select the main trend. 3) Go to lower time frames to check the BUY/SELL signals. Example: If the selected main trend is 4 hrs then go to time frames below 4 hrs to find the entry and...
Uses the RVI (Relative Volatility Index) to confirm trend. It focus on the direction of the RVI and not if it is above or below a certain level. HOW to read the indicator: Blue or value 1 = bull trend confirmation Red or value -1 = bear trend confirmation Gray or value 0 = choppy market Combine this with another indicator in order to confirm whether...