What it is: A twist on the DMI and ATR indicators. How it is calculated: What you see is a basic 14-period EMA calculated based on the opening price of the candle. Extending from this base is the average true range, showing the expected realistic movement in that direction. How you may interpret what you see: Extended movement outside of those bands...
The Titan Engulfing Retracement Zones indicator detects Engulfing Candlesticks on a higher user defined timeframe, and uses that event to plot retracement and extension levels on the chart for ease of users' chart reading and trade execution. The four retracement levels, two of which delimit the target entry zone, and another two delimiting the target exit zone,...
█ OVERVIEW Based on TradingView's Rolling VWAP (RVWAP) indicator, this indicator includes the option of plotting lines for the first and second standard deviations of the RVWAP, which some traders like to use for entry/exit decisions and support/resistance. █ HOW TO USE In the Style tab, use the checkboxes to enable or disable the plots. By...
Clouds based on Linear Regression Band. A cloud forms if the linear regression channel is fully on one side of the channel on higher time frames. The cloud represents the gap between the upper/lower channel and the baseline on the higher time frame. The higher time frames have 2x, 4x and 8x the length.
K's reversal indicator I is a special combination between Bollinger bands and the MACD oscillator. It is a contrarian indicator that depends on the following conditions: • A buy signal is generated whenever the current market price is below the 100-period lower Bollinger band while simultaneously, the MACD value must be above its signal line. At the same time,...
Rationale The rationale behind this indicator is that: when the price of an asset reaches an extreme, regardless of the trend, there is a (maybe not equal but) opposite reaction. Settings The default settings will not be the best for whatever timeframe you choose. I personally believe a longer than 'normal' JMA Length is best. JMA Source: The source in...
EMA (Exponential moving average) often acts as dynamic support and resistance and trend detector and the further price is away from ema the more it has chance to reverse, hence percentage levels gives a range to exit your trades. *choose your favourite timeframe and EMA length , alter percentages as you wish to generate Take profit levels thank you.. Happy Trading.
I was watching some videos about price action and saw one covering the behavior of institutions and how it is agressive and defensive in some level of percentage of changing in price. Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels. In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144...
Often used as a dynamic stop loss management tool, this indicator: Takes a source series as input, e.g. a moving average, or close prices. Draws configurable channels, some percentage above and below the source series (e.g. for long vs. short stop losses) Since long vs. short trade profiles can be different, differing percentage inputs are allowed for...
Bollinger Bands are mostly used for trend reversal. I believe they should be used for Trend Continuation and Trend Confirmation. In this Trending Bollinger Bands script you will see two bands drawn on chart. The Upper band is suggestive of Uptrend and Lower Band is suggestive of Downtrend Market. It just provides the guidance of where the market is now and...
ENG : This indicator is created by combining the standard period RSI indicator with an Oversold limit of 32, an Overbought limit of 70 and a period of 14 (these values can be changed optionally from the entries and still tabs of the indicator settings) and the Bollinger Band. indicator with a standard deviation of 2 and a period of 20. Also, the RSI Oversold is an...
This indicator visually shows OHLC moves in terms of percentages compared to an input reference series, e.g. this could be a moving average line, and then plotting how far OHLC values are from that reference at each time unit/bar. A centre/zero-line is shown to indicate little to no extension when prices are hovering about there. This could a profit taking point,...
This script is a Keltner Channel that uses a Hull Moving Average as source, instead of the 20-period EMA. A hull band improves on lag and smoothness to Simple and Exponential Moving Averages. And ATR based envelop is generated from this improved MA to form the Keltner Channel. Hull on EHMA source with 180 periods loopback, coupled with a 200 period loopback for...
Yearly, Quarterly, Monthly or Weekly VWAP with Standard Deviation Envelope Previous Y/Q/M/W VWAP and Band are extended forward automatically* VWAP standard deviation envelope serves as a kind of Value Area, with the boundaries of the envelope acting as support and resistance. Previous envelops often show confluence with price action once price retests...
This is an indicator that gives you bands around the Fibonacci levels High/Low of the asset. There are 3 time frames available so you can use the hourly, daily and weekly at the same time. You can change the bands via selectable inputs to suit your own preferences. you can as example combine with RSI or MACD to find a entry
This indicator is the Mobo Bands (Momentum Breakout Bands). These bands are bollinger bands that have an adjusted standard deviation. There are Buy signals when it has momentum breakouts above the bands for moves to the upside and Sell signals when it has momentum breakouts below the bands for moves to the downside. The bands simply suggest that all markets...
!!! This indicator only shows Binance Perpetuals Open Interest !!! !!!!! When Binance Spot pair charts is selected, It still shows the perpetual contract Open Interest, if the pair on the chart is tradeble on perpetual contracts. I assume you know what Open Interest is. !!!!! ZLEMA, Tillson, VAR MAs codes are coming from @KivancOzbilgic => SuperTrended Moving Averages