The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
Publishing my trading system script. It consist of several conditions to happen in order to open a trade. Work best on ES/MES 5 minute timeframe. I like to use it with this settings: - UTC -6 (don't tick Exchange Timezone) and rest as default To enter a trade, the following conditions must be met: Entry 1: the opening range (8:30AM - 9:15AM UTC-6) must be...
Saw TradePro's "NEW BEST HIGHEST PROFITING STRATEGY WITH CRAZY RESULTS - 2 EMA+ Stochastic RSI+ ATR", and was curious on the back testing results. This strategy is an attempt to recreate it. This strategy uses 50 / 200 EMAs, Stochastic RSI and ATR. Long Entry Criteria: - 50 EMA > 200 EMA - Price closes below 50 EMA - Stochastic RSI has gone into oversold <...
This script is a variation of the popular Bollinger Bands indicator, which uses exponential moving averages (EMA) instead of simple moving averages (SMA) as its core calculation. The indicator is designed to provide a visual representation of volatility, with the distance between the upper and lower bands being determined by the standard deviation of the...
This script is created to check cross of two EMAs after their DEMA cross (for Nifty and BankNifty). It also has an option to show the cross as it happens in the 30 min timeframe on the lower timeframe chart. Pls Note - This is for study purpose only and one shouldn't open a trade based on the cross. This script was created keeping 15 min timeframe as the default....
The Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View. The components are: - EMA9 - Exponential Moving Average of 9 days - EMA21 - Exponential Moving Average of 21 days - EMA50 - Exponential Moving Average of 50 days - EMA200 -...
This indicator is based on ema band.... condition for buy => 1) price should crossover ema band 2) price pullback on ema band but price should not close below lower band 3)after pullback green candle should close above ema band 4)check candle size when its crossing ema band 5)check previous canlde 7 should not touching cloud so (we can reduce range...
The Multi SMI Ergodic Oscillator (Multi SMIEO) indicator can be used to identify potential buy and sell signals based on the relationship between the TSI and EMA lines. The script is creating an indicator that plots multiple (3) sets of Time Series Indicator (TSI-Indicator) and Exponential Moving Average (EMA-Signal) lines as a single indicator. The TSI is a...
🎲 Overview 🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method when trend beginning, customer your BOS with 2 parameters now. 🎲 Indicator design logic 🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details. 1. use close-in EMA's...
This script prints different EMA if I am on a intraday timeframe or a daily or higher timeframe by using one indicator only. It helps me to bring confluences for my price action strategy.
🎲 Overview 🎯 This Zigzag indicator build based on different MA such as EMA/HMA/RMA/SMA, support multi-timeframe setting . you can get customer zigzag indicator by change short/long ma length and high-timeframe config(5m/15m/30m/1h/2h) in any symbol. 🎲 Indicator design logic 🎯 entired logic is simple and code looks complex, I‘ll explain core logic here, code...
This oscillator is an attractive way to view hidden price divergence... The formula originated from the Lark, but I have cleanly displayed this information. When the two moving averages (ema) cross with a simple moving average, you find the hidden price divergence. What kind of market should you use this in? It works well when a trend is already established....
RSI BANDS: It is an exclusive product of ApiDevs, this indicator selectively integrates a series of highly advanced algorithms that aim to provide the trader with an effective and profitable trading system, based on a series of conditions that project the price direction with a reasonable probability. This indicator bears the name of “RSI Bands”, this is because...
TL_STRATEGY: The TL_STRATEGY , is a whole ecosystem of indicators that make up a quite powerful and famous strategy in cryptocurrency trading, it is composed of the following indicators: • Exponential moving media bands (10 and 55). • Squeeze Momentum indicator (SQZMON PRO +). • Volume profile (VP Developed by APIDEVs). • Average directional index ( ADX PRO...
The True Range Adjusted Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Jan 2023 pgs 22-27) and this is the latest indicator in his EMA variation series. He has been tweaking the traditional EMA formula using various methods and this indicator of course uses the True Range indicator. The way that this indicator works is that it...
This indicator to be used only in BankNifty , shows Values of BankNifty Index & its top constituents. Dashboard Interpretation : LTP - Last Traded Price. D High - Day High. D Low - Day Low. I Points - Shows the contribution of top BankNifty constituents according to its weightage. PH-PL - "PH - PL" means LTP is trading between Previous Days High( PH ) &...
This is a Ribbon builder tool that allows customization and display of multiple moving averages (MAs) on a chart. The available MAs include simple, exponential, linear, weighted and many more. You can set a range for the length of each MA and adjust the multiplicator of the range for the second MA. A mixer for combining the two MAs is also available, and you...
Multi Moving Average Analysis A highly customizable indicator to help discover moving averages being used in the market. 📈 Chart up to 15 Moving Averages in the same indicator ⏳ Changeable time frame resolution Ⅲ Available types - Simple, Weighted, Volume-weighted ≡ Custom and pre configured length sets 🪄 Automatic hiding of moving averages a set %...