This script was requested based on what I previously had in my other scripts. I did do some tweaks based on some assumptions of what I think it will be used for.
Bulls Power vs. Bears Power is a unique tool that displays on each candle the balance between the bears (sellers) and the bulls (buyers). OVERWIEW : This indicator is mainly based on the popular indicator “Elder ray” made by Dr. Alexander Elder in 1989. This indicator has been developed in order to determine the strength of the competing groups of buyers and...
The grid strategy customized specifically for Frostybot. It use the tradingview webhook implement the safe orders mechanism of 3commas, and different position sizes can be selected according to the market direction. Currently, only long is supported.the default configration is suitable for some pair.but you can change it by yourself. Everyone is welcome to experience.
This is a fork of the previous PACD indicator i made by working out the RSI another two times. it works the exact same but is more leading in trend reversals and divergences. this indicator plots 4x the RSI of the RSI of the price using the derivatives of RSI. Data is plotted just like the MACD. points 5 and -5 are very strong support/resistance points and should...
This script uses the MESA EMA and SMA as well as the ROC/MESA cross to help find the take profit areas when trading divergences using market cipher or wavetrend. It is inspired by jordanfungs MESA indicator, however this one is different because it is not lagging in the signals. Hope you enjoy it, and make sure to backtest any strategy before you use it.
The Trend Persistence Rate Indicator was created by Richard Poster (Stocks and Commodities Feb 2021 pg 12) and this indicator is a good trend strength indicator similar to ADX. A good strategy with this indicator according to the author is to combine this with a moving average crossover strategy and a volatility indicator. Buy when the price crosses over the...
Sets the index price and displays the deviation from the index price.
"Trend Indicator A-V2" and "Trend Indicator B-V2" are updated and improved versions of my initial trend indicators. Totally rethinking the code, adding highs and lows in the calculations, including some more customisation through colour schemes. In practice, this indicator uses EMAs and Heikin Ashi to provide an overall idea of the trend. The "Trend...
"Trend Indicator A-V2" and "Trend Indicator B-V2" are updated and improved versions of my initial trend indicators. Totally rethinking the code, adding highs and lows in the calculations, including some more customisation through colour schemes. In practice, this indicator uses EMAs and Heikin Ashi to provide an overall idea of the trend. The "Trend...
The Noise Elimination Technology Indicator was created by John Ehlers (Stocks and Commodities Dec 2020 pg 17) and he created this indicator to be used with his version of RSI but I think it works well with any price data or any indicator really. I'm trying a new signal system due to a request from @luckyCamel58789 so let me know what you think. I now...
Based on the bult-in momentum script, I took the liberty of updating it, adding two features. First, I would like to see the momentum oscillator showing percentage values, rather than absolute values. Visually facilitating analysis in long-term graphs. Second, just for fun*. I don't know how to explain the reason exactly, but for the strategy bult-in script, I...
The FM Demodulator Indicator was created by John Ehlers (Stocks and Commodities May 2021 pg 14) and this indicator was created to accurately time any price variations which I think it does a great job. It is smoothed by default with his super smoother but feel free to substitute your own and try different combos. Buy when the line turns green and sell when it...
**Overlay Version** Macd that shows instantaneous trend using ZLSMA. This crossover has the ability to reveal trend directions before it happens. With multi time frame option. Above image shows 1 hour timeframe using 12hour setting on indicator Example with 1 hour timeframe: Example with 1 hour timeframe using daily setting on indicator: Non overlay...
Price moves when there are more market takers than there are market makers at a certain price (i.e. price moves up when there are more market buys than limit sells and vice versa). The idea of this indicator is to show the ratio between market takers and market makers in a way that is intuitive to technical analysis methods, and hopefully revealing the overall...
This tool is an oscillator that detects cycles. It is built on the basis of our centered moving averages. It is fully configurable in design moreover it is possible to set the centering through the offset ! Offset 2, half cycle centering. Offset 4, 1/4 cycle centering. Recommended setting : Offset 4 Cyclical ratio 2
True improvement over my previous script. This script adds in all of the complementary indicators, makes it truly easy to adjust the inputs, and has produced a real world net gain using the TradingView bots paired with any broker's API that is supported. It has a selection for which strategy you'd like to use and due to limitations in Pine I cannot program in...
Hello All, This is RSI Multi Time Frame 3D - just for fun :) Enjoy!