█ Probability Box Rule of Thirds The Probability Box Rule of Thirds , is a visual indicator that helps traders identify possible overbought and oversold conditions. It does this by dividing the price range – highest high minus the lowest low of a given lookback period or date range – into thirds. Each third has distinct probability characteristics and when...
The provided code is a custom indicator called "Trendilo" in TradingView. It helps traders identify trends in price data. The indicator calculates the percentage change of the chosen price source and applies smoothing to it. Then, it calculates the Arnaud Legoux Moving Average (ALMA) of the smoothed percentage change. The ALMA is compared to a root mean square...
As of May 2023, there are more than 180 usdt perpetual coins on the binance futures exchange. These coins are included in the indicator in lists of 40. They are sorted instantly in the table from largest to smallest. The sorting style can be changed in the indicator settings. This indicator collects RSI and TSI values at desired values. The result has a maximum...
The RS Momentum single Symbol indicator is a custom indicator that compares the performance of a specific symbol to a base symbol and calculates the relative strength (RS) and relative momentum (RM) between them. The indicator is designed to help traders identify the current market phase of the symbol and make informed trading decisions based on the relative...
This is the first ever Point and Figure vertical price target script. Just hover over any column and the price target will be shown on the upper left hand side where the script name is. It is for both upside and downside vertical targets. It is based on a 3 box reversal, but that can be changed within the code, and the box size can be changed within the code or...
Hello friends, this is the second time I am publishing this script, hopefully the description will be sufficient and you can use it reliably. Script Description: The script consists of several indicators and generates buy and sell signals based on their calculations. Here's a breakdown of the functions and indicators used in the script: Moving Average...
The Gann Angles indicator is a tool based on the methods developed by William Delbert Gann. It is designed to analyze and forecast price movements in financial markets. The indicator automatically calculates the angle scale using Gann, Herzhik, Heliker, and Borovski methods. Additionally, users have the option to manually input their own angle scale. The Gann...
The primary objective of this indicator is to discern candles that exhibit characteristics suggestive of potential market reversals through the application of candlestick analysis. Extensive observation across various assets and timeframes has revealed the existence of a recurrent reversal pattern. This pattern typically manifests as a sequence of one to three...
This script is designed to change the color of bars on a trading chart based on different trading sessions in Eastern Time (ET). It is different from currently published scripts in that it specifically focuses on US time sessions and provides a customizable approach to defining and coloring each session. To use this script, you can apply it to a chart by...
The script you're looking at is a humorous "financial advisor" that places funny and non-traditional investment advice labels on a trading chart. The advice doesn't really have any meaningful connection to real financial indicators or market trends, and it's meant for entertainment purposes only. Here's how it works: Every 23 bars on the chart (a bar could...
Overview: The PTI is a custom indicator designed to provide buy and sell signals based on price movements and volatility. It uses the Average True Range (ATR) to calculate stop levels and identifies potential trend changes. Parameters: The indicator has several customizable parameters that you can adjust according to your preferences. These parameters include: -...
This is an expansion from my Discrete Fourier Transform Overlay indicator which offers various features that may be useful for traders wishing to apply frequency analysis or integral transform to their trading. For those unfamiliar with the concept, the discrete Fourier transform decomposes wave or wave-like data into functions depending on frequency. This can be...
The Pine Script "Planetary Tunings Moving Averages" is a unique tool that plots moving averages (MAs) on a chart, representing the wavelengths of different planets as derived from the book Quadrivium. These wavelengths, also referred to as 'planetary tunings', are related to the orbital resonance of each planet. Each planetary tuning value is first transformed...
DISCLAIMER: Always, please keep in mind that market conditions change, past results cannot guarantee the same results in the future. EMAflowPRO - Ranges- EMAflowPRO ranges indicator will detect key movements in the market that fit certain conditions and based on that create key tradable zones by providing dynamic and static range levels. Before reading...
The Adaptive Mean Reversion Indicator is a tool for identifying mean reversion trading opportunities in the market. The indicator employs a dynamic approach by adapting its parameters based on the detected market regime, ensuring optimal performance in different market conditions. To determine the market regime, the indicator utilizes a volatility threshold. By...
Now with adjustable settings! Description: The MAZI (Moving Average Zone Indicator) is a slow updating moving average calculation of key high and low points in the market, which is a unique approach to sampling moving averages. The indicator tracks only the key candles that provide good information about price movement, which distinguishes it from other...
Correlation Tracker Indicator The Correlation Tracker indicator calculates and visualizes the correlation between two symbols on a chart. It helps traders and investors understand the relationship and strength of correlation between the selected symbol and another symbol of their choice. Indicator Features: - Correlation Calculation: The indicator calculates...
The "US Market Sentiment" indicator is designed to provide insights into the sentiment of the US market. It is based on the calculation of an oscillator using data from the High Yield Ratio. This indicator can be helpful in assessing the overall sentiment and potential market trends. Key Features: Trend Direction: The indicator helps identify the general trend...