Anchored Average Price indicator is designed to pinpoint a specific date and price in a given financial instrument's price chart. Once anchored to the desired date and price level, the script calculates and displays the average price from that anchor point to the current day. Features Customizable Source: Allows users to choose the source data for...
The Kaufman Efficiency Ratio (also known as the Efficiency Ratio or ER) is a technical indicator used in technical analysis to measure the efficiency of a financial instrument's price movement. It was developed by Perry J. Kaufman and is designed to help traders and analysts identify the trendiness or choppiness of a market. The Kaufman Efficiency Ratio is...
█ Overview: The MA Slope calculates the slope based on a given moving average. The Moving Average Slope indicator allows you to identify the direction and the strength of a trend. It calculates the rate of change in percentage based on the user-defined moving average. █ Calculation: This indicator calculates the slope based on the changes of moving average and...
This is a strategy/combination of warning indicators using 6MA+MACD. The strategy details are as follows: This is a simple warning strategy created so that we don't have to monitor the candlestick chart too often. Note: This isn't an entry strategy; it's a signaling strategy for upcoming trends. For maximum efficiency, we should incorporate more formulas into...
Voluminati: Uncovering Market Secrets Overview: The Voluminati indicator dives deep into the secrets of trading volume, providing traders with unique insights into the market's strength and direction. This advanced tool visualizes the Relative Strength Index (RSI) of trading volume alongside the traditional RSI of price, presenting an enriched perspective on...
The "Momentum Madness" indicator is a customizable technical analysis tool designed for TradingView. It aims to help traders assess price momentum and make informed trading decisions. Below is a description of how this indicator works: Indicator Title and Settings: The indicator is titled "Momentum Madness" with a short title "Moms Mad." Users can customize...
Description: This strategy uses only two simple moving averages, specifically the 50 SMA and the 100 SMA. Simple moving average : A simple moving average (SMA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range. Here's how it works: Background color: The chart background is colored green...
**Triple EMA By Ozy** The "Triple EMA By Ozy" is a visual indicator that offers traders a clear and concise view of three exponential moving averages (EMAs) at a glance. This tool combines three common EMAs (20, 50, and 200) and additionally calculates and displays the slope angle of each EMA, allowing for a more precise identification of the current trend's...
In the chart photo is a description for each shape and letter, saying what each one is. BB, Reversals are off by default. BB + Reversals + Next bar confirmation - The way this should be used is by waiting for a 1 or 2 bar confirmation closed above/below the high/low of the Reversal candle. So if its a Top R, a yellow box will print as a confirmed 1 bar if it...
The "MA Sabres" indicator highlights potential trend reversals based on a moving average direction. Detected reversals are accompanied by an extrapolated "Sabre" looking shape that can be used as support/resistance and as a source of breakouts. 🔶 USAGE If a selected moving average (MA) continues in the same direction for a certain time, a change in that...
This Indicator, will rate multiple different lengths of RSIs to determine which RSI to RSI MA cross produced the highest profit within the lookback span. This ‘Optimal RSI’ is then passed back, and if toggled will then be thrown into a Machine Learning calculation. You have the option to Filter RSI and RSI MA’s within the Machine Learning calculation. What this...
The MAT is essentially a different kind of smoothed moving average. It is made to filter out data sets that deviate from the specified absolute threshold and the result becomes a smoothing function. The goal here, inspired by time series analysis within mathematical study, is to eliminate data anomalies and generate a more accurate trendline. Functionality:...
This script offers in-depth Z-Score analytics on price and volume for 200 symbols. Utilizing visualizations such as scatter plots, histograms, and heatmaps, it enables traders to uncover potential trade opportunities, discern market dynamics, pinpoint outliers, delve into the relationship between price and volume, and much more. A Z-Score is a statistical...
The MTF Moving Averages indicator allows users to plot multiple moving averages on different timeframes within the same chart on TradingView. This indicator supports four different timeframes: daily, weekly, monthly, and intraday. For each timeframe, users can choose up to four moving averages to plot. They can also select the type of moving average (SMA, EMA, or...
This script paints a vertical line on the starting bar of a simple moving average to help anticipate directional changes. The line is the same color as the MA.
This Script Introduces The Use Of The Gaussian Channel Concepts This indicator consists of three lines: a central line that represents the moving average, and an upper and lower band that represent the volatility of the price movements. The Gaussian channels is a concept consists of an upper & lower bands along with the basis; the mid band. The use of the...
This indicator triggers alerts for long and short positions on DAILY TIME FRAME for SWING trades based on the conditions which described below. This script will generate alerts when the following conditions are met: LONG POSITION: RSI(14) above 50. EMA(5) crosses above EMA(10). Indicator Triangle Green below price bars SHORT POSITION: RSI(14) below 50. EMA(5)...
VAcc (Velocity & Acceleration) is a momentum indicator published by Scott Cong in Stocks & Commodities V. 41:09 (8–15). It applies concepts from physics, namely velocity and acceleration, to financial markets. VAcc functions similarly to the popular MACD (Moving Average Convergence Divergence) indicator when using a longer lookback period, but produces more...