Spot - Fut spread v2"Spot - Fut Spread v2"
indicator is designed to track the difference between spot and futures prices on various exchanges. It automatically identifies the corresponding instrument (spot or futures) based on the current symbol and calculates the spread between the prices. This tool is useful for analyzing the delta between spot and futures markets, helping traders assess arbitrage opportunities and market sentiment.
Key Features:
- Automatic detection of spot and futures assets based on the current chart symbol.
- Supports multiple exchanges, including Binance, Bybit, OKX, MEXC, BingX, Bitget, BitMEX, Deribit, Whitebit, Gate.io, and HTX.
- Flexible asset selection: the ability to manually choose the second asset if automatic selection is disabled.
- Spread calculation between futures and spot prices.
- Moving average of the spread for smoothing data and trend analysis.
Flexible visualization:
- Color indication of positive and negative spread.
- Adjustable background transparency.
- Text label displaying the current spread and moving average values.
- Error alerts in case of invalid data.
How the Indicator Works:
- Determines whether the current symbol is a futures contract.
- Based on this, selects the corresponding spot or futures symbol.
- Retrieves price data and calculates the spread between them.
- Displays the spread value and its moving average.
- The chart background color changes based on the spread value (positive or negative).
- In case of an error, the indicator provides an alert with an explanation.
Customization Parameters:
-Exchange selection: the ability to specify a particular exchange from the list.
- Automatic pair selection: enable or disable automatic selection of the second asset.
- Moving average period: user-defined.
- Colors for positive and negative spread values.
- Moving average color.
- Background transparency.
- Background coloring source (based on spread or its moving average).
Application:
The indicator is suitable for traders who analyze the difference between spot and futures prices, look for arbitrage opportunities, and assess the premium or discount of futures relative to the spot market.
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**"Spot - Fut Spread v2"** предназначен для отслеживания разницы между ценами на спотовом и фьючерсном рынках на различных биржах. Он автоматически определяет соответствующий инструмент (спот или фьючерс) на основе текущего символа и рассчитывает спред между ценами. Этот инструмент полезен для анализа дельты между спотовым и фьючерсным рынками, помогая трейдерам оценивать арбитражные возможности и рыночные настроения.
### **Основные функции:**
- Автоматическое определение спотовых и фьючерсных активов на основе текущего символа графика.
- Поддержка нескольких бирж, включая **Binance, Bybit, OKX, MEXC, BingX, Bitget, BitMEX, Deribit, Whitebit, Gate.io и HTX**.
- Гибкий выбор активов: возможность вручную выбрать второй актив, если автоматический выбор отключен.
- Расчет спреда между фьючерсными и спотовыми ценами.
- Скользящая средняя спреда для сглаживания данных и анализа трендов.
### **Гибкая визуализация:**
- Цветовая индикация положительного и отрицательного спреда.
- Регулируемая прозрачность фона.
- Текстовая метка с отображением текущего значения спреда и его скользящей средней.
- Оповещения об ошибках при наличии некорректных данных.
### **Как работает индикатор:**
1. Определяет, является ли текущий символ фьючерсным контрактом.
2. На основе этого выбирает соответствующий спотовый или фьючерсный актив.
3. Получает ценовые данные и рассчитывает разницу между ними.
4. Отображает значение спреда и его скользящую среднюю.
5. Фон графика меняет цвет в зависимости от значения спреда (положительный или отрицательный).
6. В случае ошибки индикатор выдает предупреждение с объяснением.
### **Настройки:**
- Выбор биржи: возможность указать конкретную биржу из списка.
- Автоматический выбор пары: включение или отключение автоматического выбора второго актива.
- Период скользящей средней: задается пользователем.
- Цвета для положительных и отрицательных значений спреда.
- Цвет скользящей средней.
- Прозрачность фона.
- Источник окраски фона (на основе спреда или его скользящей средней).
### **Применение:**
Этот индикатор подходит для трейдеров, анализирующих разницу между спотовыми и фьючерсными ценами, ищущих арбитражные возможности, а также оценивающих премию или дисконт фьючерсов относительно спотового рынка.
지표 및 전략
Moving Average Convergence DivergenceThis script creates a MACD indicator that not only plots the MACD histogram but also highlights when the histogram switches from rising to falling (or vice versa), which can be useful for identifying potential reversals. The indicator also includes customizable options such as the lengths of the fast and slow EMAs, the type of moving averages used, and the Signal line smoothing period. Alerts are triggered when the MACD histogram changes direction, and a zero line is plotted for better visual reference.
FractalsIntroducing a comprehensive market structure indicator combined with the Volume-Weighted Average Price (VWAP), this tool aims to provide traders with a deeper understanding of price action and trend dynamics. The market structure component helps identify key market phases such as trends, consolidations, and reversals, offering insight into the overall market behavior. By tracking price patterns and fluctuations, it detects when a market shifts from bullish to bearish or vice versa, enabling traders to anticipate potential breakouts or trend continuations.
VWAP, on the other hand, acts as a dynamic benchmark that integrates both price and volume data to provide a more accurate measure of the market's average price over a given period. This powerful tool is widely used for assessing trade execution and identifying significant support and resistance levels. When combined with the market structure indicator, VWAP adds a layer of precision, highlighting the most relevant price levels that can guide traders in their decision-making process.
Together, these indicators allow for more informed trading strategies, whether you're executing short-term trades or planning longer-term positions. The synergy between market structure analysis and VWAP empowers traders to better navigate volatile markets, making it an indispensable tool for those aiming to enhance their trading edge.
Mark Large Open-Close Candles with Reversal CheckBasic candle movement indicator
If candle consolidates for n candles and breaks out
If candle reverses after continuous drop or rise
Total indicator by ToriQNa91This indicator is a synthesis of independent indicators including: CCI, bolingerband, RSI, QQE Moode
Daily Weekly Monthly Yearly OpensClear Opens identified from 4H PO3 to Daily, Weekly, Monthly, and Yearly
This is crucial for Systems heavily dependent on PO3 based Analysis
like mine is mostly based on 4H PO3
PS: This is a slightly updated version of an already existing script.
Süper Trend Tarzı AL-SATVadeli işlemler ve normal spot işlemler için hata payı çok düşük olan indikatörüm.
Süper trend'i örnek alarak geliştirilmiştir.
İz süren stoplar mevcuttur alımlar buna göre stop-loss eklenerek karlı alım satımlar yapılabilir.
Taka Swing Didi IndexEs un indicador de un solo me todo de entrada, hacemos entradas tan pronto salga el punto y haga un cierre de velas. Lo cual se podría combinar con otros indicadores
utilsLibrary "utils"
Few essentials captured together (subset of arrayutils)
timer(timeStart, timeEnd)
finds difference between two timestamps
Parameters:
timeStart (int) : start timestamp
timeEnd (int)
Returns:
check_overflow(pivots, barArray, dir)
finds difference between two timestamps
Parameters:
pivots (array) : pivots array
barArray (array) : pivot bar array
dir (int) : direction for which overflow need to be checked
Returns: bool overflow
get_trend_series(pivots, length, highLow, trend)
finds series of pivots in particular trend
Parameters:
pivots (array) : pivots array
length (int) : length for which trend series need to be checked
highLow (int) : filter pivot high or low
trend (int) : Uptrend or Downtrend
Returns: int trendIndexes
get_trend_series(pivots, firstIndex, lastIndex)
finds series of pivots in particular trend
Parameters:
pivots (array) : pivots array
firstIndex (int) : First index of the series
lastIndex (int) : Last index of the series
Returns: int trendIndexes
getConsolidatedLabel(include, labels, separator)
Consolidates labels into single string by concatenating it with given separator
Parameters:
include (array) : array of conditions to include label or not
labels (array) : string array of labels
separator (simple string) : Separator for concatenating labels
Returns: string labelText
getColors(theme)
gets array of colors based on theme
Parameters:
theme (simple string) : dark or light theme
Returns: color themeColors
AutoFibGauge (TechnoBlooms) AutoFibGauge help users to understand Fibonacci retracement with auto-drawn levels from previous candes, dual moving average crossover for trend confirmation, and a thermometer for quick Fib level identification.
This indicator is designed to streamline your trading decisions. By automatically plotting the Fibonacci levels based on previous candles, it aids in identifying key support and resistance zones. User can choose the number of previous candles for which the Fibonacci is calculated.
Paired with a dual moving average crossover system for robust trend confirmation, this tools helps in aligning with the market's direction.
A dynamic thermometer display that instantly highlights critical Fib levels, making it easier than ever to spot opportunities at a glance.
Buy/Sell Signals based on EMA CrossI, Kimaya Bavakay have done some backtesting for you, Please use this on DAILY TF ONLY and It shall only be used for EQUITY STOCKS!!!
Doji DetectorDetect Doji Candles when the body size is smaller than the 10% of candle range or less than 3 pipts
Wave N + KDJ + Volumi + SMC + IchimokuThis powerful indicator combines multiple advanced trading techniques to provide precise entry and exit signals. It integrates Wave N pattern detection, KDJ oscillator, volume filtering, Smart Money Concepts (SMC), and Ichimoku cloud levels to identify high-probability trading opportunities.
Key Features:
✅ Wave N Pattern Detection – Recognizes potential reversal zones based on price action.
✅ KDJ Indicator – An enhanced stochastic-like oscillator to detect overbought/oversold conditions.
✅ Volume Filtering – Confirms signals by checking if the volume is above the EMA threshold.
✅ Smart Money Concepts (SMC) - Order Blocks – Highlights potential institutional trading zones.
✅ Ichimoku Cloud Levels – Provides dynamic support and resistance for trend confirmation.
✅ Early Warning System – Identifies potential trend shifts before they happen, using color-coded alerts:
• Green/Blue → Possible Uptrend
• Red/Orange → Possible Downtrend
How It Works:
• A Buy signal is generated when an N-Wave pattern forms, J crosses above 50, volume confirms, and the price is above the Ichimoku baseline.
• A Sell signal is triggered when an N-Wave pattern forms, J drops below 50, volume confirms, and the price is below the Ichimoku baseline.
• Early Warnings appear when J crosses the 50 level, indicating a possible trend shift.
Visualization:
🔹 Buy/Sell signals → Displayed as green/red arrows above/below candles.
🔹 Early Warning signals → Represented by small colored arrow, helping traders anticipate market moves.
🔹 Order Blocks → Background shading highlights key institutional price levels.
🔹 Ichimoku Cloud & Baselines → Assist in trend direction analysis.
This indicator is designed for crypto and forex traders looking for a confluence-based strategy that improves precision and timing. It works best on 1H and 1D timeframes.
Níveis Fibonacci Automáticos"Níveis Fibonacci Automáticos"
Fundamentos do Fibonacci
O que é Fibonacci?: Uma sequência matemática (0, 1, 1, 2, 3, 5, 8, 13, 21...) onde cada número é a soma dos dois anteriores. Na análise técnica, usamos as proporções derivadas dessa sequência:
0,618 (61,8%): Proporção áurea (divisão de um número pelo próximo).
0,382 (38,2%): Proporção complementar.
0,5 (50%): Não é Fibonacci puro, mas amplamente usado.
0,236 (23,6%), 1,0 (100%), 1,618 (161,8%), etc.
Por que funciona?: Reflete psicologia de mercado e níveis naturais de correção.
Retração de Fibonacci: Para correções em tendências.
Long-Only MTF EMA Cloud StrategyOverview:
The Long-Only EMA Cloud Strategy is a powerful trend-following strategy designed to help traders identify and capitalize on bullish market conditions. By utilizing an Exponential Moving Average (EMA) Cloud, this strategy provides clear and reliable signals for entering long positions when the market trend is favorable. The EMA cloud acts as a visual representation of the trend, making it easier for traders to make informed decisions. This strategy is ideal for traders who prefer to trade in the direction of the trend and focus exclusively on long positions.
Key Features:
EMA Cloud:
The strategy uses two EMAs (short and long) to create a dynamic cloud.
The cloud is bullish when the short EMA is above the long EMA, indicating a strong upward trend.
The cloud is bearish when the short EMA is below the long EMA, indicating a downward trend or consolidation.
Long Entry Signals:
A long position is opened when the EMA cloud turns bullish, which occurs when the short EMA crosses above the long EMA.
This crossover signals a potential shift in market sentiment from bearish to bullish, providing an opportunity to enter a long trade.
Adjustable Timeframe:
The EMA cloud can be calculated on the same timeframe as the chart or on a higher/lower timeframe for multi-timeframe analysis.
This flexibility allows traders to adapt the strategy to their preferred trading style and time horizon.
Risk Management:
The strategy includes adjustable stop loss and take profit levels to help traders manage risk and lock in profits.
Stop loss and take profit levels are calculated as a percentage of the entry price, ensuring consistency across different assets and market conditions.
Alerts:
Built-in alerts notify you when a long entry signal is generated, ensuring you never miss a trading opportunity.
Alerts can be customized to suit your preferences, providing real-time notifications for potential trades.
Visualization:
The EMA cloud is plotted on the chart, providing a clear visual representation of the trend.
Buy signals are marked with a green label below the price bar, making it easy to identify entry points.
How to Use:
Add the Script:
Add the script to your chart in TradingView.
Set EMA Lengths:
Adjust the Short EMA Length and Long EMA Length in the settings to suit your trading style.
For example, you might use a shorter EMA (e.g., 21) for more responsive signals or a longer EMA (e.g., 50) for smoother signals.
Choose EMA Cloud Resolution:
Select the EMA Cloud Resolution (timeframe) for the cloud calculation.
You can choose the same timeframe as the chart or a different timeframe (higher or lower) for multi-timeframe analysis.
Adjust Risk Management:
Set the Stop Loss (%) and Take Profit (%) levels according to your risk tolerance and trading goals.
For example, you might use a 1% stop loss and a 2% take profit for a 1:2 risk-reward ratio.
Enable Alerts:
Enable alerts to receive notifications for long entry signals.
Alerts can be configured to send notifications via email, SMS, or other preferred methods.
Monitor and Trade:
Monitor the chart for buy signals and execute trades accordingly.
Use the EMA cloud as a visual guide to confirm the trend direction before entering a trade.
Ideal For:
Trend-Following Traders: This strategy is perfect for traders who prefer to trade in the direction of the trend and capitalize on sustained price movements.
Long-Only Traders: If you prefer to focus exclusively on long positions, this strategy provides a clear and systematic approach to identifying bullish opportunities.
Multi-Timeframe Analysts: The adjustable EMA cloud resolution allows you to analyze trends across different timeframes, making it suitable for both short-term and long-term traders.
Risk-Averse Traders: The inclusion of stop loss and take profit levels helps manage risk and protect your capital.
B.T 트레이딩1️⃣ 추세 추종 전략 (Trend Following)
📌 개요
추세 추종 전략은 시장이 상승 또는 하락하는 흐름을 따라 매매하는 방식입니다. EMA, Supertrend, Range Filter 등을 활용하여 추세를 식별하고, 해당 방향으로 매매를 진행합니다.
💡 설정 방법
✅ 기본 조건
EMA(200) 필터: 가격이 200 EMA 위에 있으면 롱(매수) 진입, 아래에 있으면 숏(매도) 진입
Supertrend 필터: Supertrend가 상승 신호를 나타내면 롱, 하락 신호를 나타내면 숏
2 EMA 크로스(50 EMA vs 200 EMA): 단기 EMA(50)가 장기 EMA(200)를 상향 돌파하면 롱, 하향 돌파하면 숏
✅ 매매 진입 예시
롱(매수) 조건
가격이 200 EMA 위에 있음
Supertrend가 상승 트렌드 신호
50 EMA가 200 EMA를 상향 돌파
숏(매도) 조건
가격이 200 EMA 아래에 있음
Supertrend가 하락 트렌드 신호
50 EMA가 200 EMA를 하향 돌파
✅ 손절(SL) 및 익절(TP) 설정
손절: 직전 저점(롱) 또는 직전 고점(숏)
익절: ATR의 2~3배 또는 이전 주요 지지/저항 레벨
🛠 활용 팁
✔ 볼린저 밴드(BB) 추가 → 가격이 BB 중심선을 따라 움직이면 추세 지속 가능성 높음
✔ ADX 추가(기본값 20~25 이상) → 추세 강도를 확인하여 거짓 신호 필터링
2️⃣ 반전 전략 (Mean Reversion)
📌 개요
반전 전략은 가격이 과도하게 상승하거나 하락했을 때 평균 회귀(Mean Reversion) 를 이용해 진입하는 전략입니다. RSI, Bollinger Bands, Pivot Points 등을 활용합니다.
💡 설정 방법
✅ 기본 조건
RSI(14): 70 이상이면 과매수(매도 기회), 30 이하면 과매도(매수 기회)
볼린저 밴드(BB) 활용: 가격이 상한선 도달 후 되돌아오면 숏, 하한선 도달 후 반등하면 롱
피보나치 & 피벗 포인트: 주요 저항(매도) 또는 지지(매수)에서 반전 신호 확인
✅ 매매 진입 예시
롱(매수) 조건
RSI 30 이하에서 반등
볼린저 밴드 하단선 도달 후 캔들이 상승 전환
피보나치 0.618 지지 레벨에서 반등
숏(매도) 조건
RSI 70 이상에서 하락
볼린저 밴드 상단선 도달 후 캔들이 하락 전환
피보나치 1.618 저항 레벨에서 되돌림 발생
✅ 손절(SL) 및 익절(TP) 설정
손절: 변동성이 높은 시장에서는 1%~2% 이내 설정
익절: RSI가 중립 구간(40~60)으로 돌아오면 청산
🛠 활용 팁
✔ MACD 크로스오버 추가 → MACD가 시그널선 아래에서 골든 크로스하면 롱 신호 강화
✔ 볼륨 확인(VWAP, OBV 등) → 거래량이 급증하면서 반전하면 신뢰도 상승
3️⃣ 스캘핑 전략 (Scalping)
📌 개요
스캘핑 전략은 초단기 매매 방식으로, 작은 가격 변동을 이용해 빠르게 수익을 실현하는 전략입니다. VWAP, 3 EMA Cross, Stochastic RSI 등을 활용합니다.
💡 설정 방법
✅ 기본 조건
VWAP(Volume Weighted Average Price): 가격이 VWAP 위에 있을 때만 롱, 아래 있을 때만 숏
3 EMA 크로스(9 EMA / 21 EMA / 55 EMA): 단기 EMA(9)가 중기 EMA(21)를 돌파하면 진입
Stochastic RSI: %K가 %D를 상향 돌파하면 매수, 하향 돌파하면 매도
✅ 매매 진입 예시
롱(매수) 조건
가격이 VWAP 위에 있음
9 EMA > 21 EMA > 55 EMA 정렬
Stochastic RSI %K가 %D를 상향 돌파
숏(매도) 조건
가격이 VWAP 아래에 있음
9 EMA < 21 EMA < 55 EMA 정렬
Stochastic RSI %K가 %D를 하향 돌파
✅ 손절(SL) 및 익절(TP) 설정
손절: 최근 5캔들 저점(롱) 또는 고점(숏)
익절: 1:2 이상 리스크-리워드 비율 유지
🛠 활용 팁
✔ 거래량 증가 구간에서만 매매 → 거래량이 적으면 변동성이 부족하여 진입 신뢰도 낮음
✔ 피보나치 확장(1.618, 2.618) 구간에서 청산 목표 설정
🔎 결론 및 최적 활용법
이 스크립트는 추세, 반전, 스캘핑 등 다양한 매매 스타일을 지원하므로, 개인의 투자 성향과 시장 상황에 맞춰 활용하는 것이 중요합니다.
🛠 최적 조합 예시
전략 유형 주요 지표 조합 추천 시간 프레임
추세 추종 EMA(50/200), Supertrend, ADX 1시간, 4시간, 일봉
반전 전략 RSI(14), MACD, 볼린저 밴드 15분, 1시간
스캘핑 VWAP, 3 EMA Cross, Stochastic RSI 1분, 5분
각 전략을 실전 적용할 때는 백테스트(Backtest) 및 데모 트레이딩을 통해 검증한 후 사용하길 추천합니다. 🚀
Enhanced MACD with Volume Strength and EMA SignalsEnhanced MACD with volume strength and ema signals. Cleaner chart look with higher accuracy. and buy sell signals.
10號-RSIyoutu.be
The "10號-RSI" strategy leverages RSI and Stochastic RSI to determine trend direction and trade opportunities. It avoids overbought/oversold extremes and places trades based on recent price highs and lows. This strategy is suitable for traders looking for trend-based entries while filtering out potential false signals.
Wick to Candle Ratio with Multiple ColorsThis Pine Script v5 indicator for TradingView visualizes the wick-to-candle ratio by plotting a colored dot above each candle to highlight the proportion of the wick compared to the total candle size. It calculates the upper and lower wick lengths, the body size, and the total candle range, then determines the wick-to-body ratio as a percentage. Based on this ratio, the script assigns a color to the dot: green when the body is large compared to the wick (wick-to-body ratio > 60%), and an invisible orange dot otherwise. However, the color logic appears incomplete, as there are references to additional conditions that are not fully implemented. The dot is positioned a fixed distance above the candle wick, determined by the offset input. This tool helps traders quickly identify candles with significant wicks, indicating potential price reversals or rejections.
Swing Data - SETindexSET RS
What is CANSLIM?
Understanding Each Step of CANSLIM
C – Current Quarterly Earnings
A – Annual Earnings Growth
N – New Products, Services, or Management
S – Supply and Demand
L – Leader or Laggard
I – Institutional Sponsorship
M – Market Direction
The best CANSLIM screener
Advantages of CANSLIM
Disadvantages of CANSLIM
Putting it all together
Frequently asked questions
Standard Deviation Bands Overlay
The "Standard Deviation Bands Overlay" is a technical analysis indicator designed for TradingView, written in Pine Script version 6. It overlays a set of standard deviation (SD) bands around a Simple Moving Average (SMA) on a price chart, along with an optional close price line. The indicator is intended to help traders visualize price volatility relative to a moving average, with customizable styling and visibility options for each component. Here’s a breakdown of its features, functionality, and user interaction:
Core Components
Simple Moving Average (SMA):
Purpose: Acts as the central reference line for the SD bands.
Calculation: Computed as the average of closing prices over a user-defined period (default: 20 bars).
Appearance: Displayed as a single line, coloured gray by default, with a fixed width of 1.
Customization: Users can adjust the SMA period and colour via the indicator’s settings.
Standard Deviation Bands:
Purpose: Show levels of volatility around the SMA, indicating how far prices deviate from the average.
Levels: Four pairs of bands at 0.5, 1, 2, and 3 standard deviations above and below the SMA.
Calculation:
Standard deviation (SD) is calculated over the same period as the SMA (default: 20 bars).
Band positions:
0.5 SD: SMA ± (SD * 0.5)
1 SD: SMA ± (SD * 1)
2 SD: SMA ± (SD * 2)
3 SD: SMA ± (SD * 3)
Appearance: Each SD level is a pair of lines (upper and lower), with default colours:
0.5 SD: Blue
1 SD: Green
2 SD: Orange
3 SD: Red
Default width: 1 for all bands.
Fill: The area between each upper and lower band pair is filled with a semi-transparent colour matching the band’s line colour (default opacity: 80, where 0 is solid and 100 is invisible).
Close Price Line:
Purpose: Overlays the actual closing price for reference alongside the SMA and bands.
Appearance: A white line by default, with adjustable width (default: 1) and opacity (default: 0, fully opaque).
Customization: Users can change the colour, width, and opacity.
Key Features
Overlay Design: All elements (SMA, SD bands, close price) are plotted directly on the price chart and move with the Y-axis, making it ideal for price-based analysis.
Unified Band Styling: Each SD level (e.g., 0.5 SD) has a single toggle and style control set:
One checkbox (e.g., "Show 0.5 SD Band") enables or disables both the upper and lower bands together.
One colour and one width setting apply to both bands of each SD level, ensuring consistent styling and simplicity, similar to SMA and Close price controls.
Customization:
Inputs Tab:
SMA period (under "SMA" group).
Toggles for each SD band (e.g., "Show 0.5 SD Band").
Style Tab:
SMA colour.
Per SD level: Colour (e.g., "0.5 SD Colour") and width (e.g., "0.5 SD Width") for both bands.
Fill opacity for all band fills.
Close line colour, width, and opacity.
User Interaction
Visibility Control:
Check or uncheck "Show 0.5 SD Band" to show/hide both the upper and lower 0.5 SD bands (and their fill) as a unit. Similarly for 1, 2, and 3 SD bands.
Styling:
Adjust "0.5 SD Colour" to change both 0.5 SD bands to, say, purple.
Set "0.5 SD Width" to 2 to thicken both 0.5 SD bands together.
Modify "Fill Opacity" to make all band fills more or less transparent.
Change "SMA Colour" to blue or "Close Line Width" to 3 for personalized visuals.
Behaviour: All elements dynamically update as price data changes, reflecting real-time volatility around the SMA.
Intended Use
Volatility Analysis: The bands widen or narrow based on price volatility, helping traders identify periods of high or low market activity.
Price Context: The close price line and SMA provide a baseline to compare against the SD bands, useful for spotting overbought/oversold conditions or breakout opportunities.
Simplicity: Designed with unified controls to avoid confusion, making it accessible for users who prefer straightforward styling options like those for single-line indicators.
Micho 150 SMA indicatorThis is the 150 day SMA indicator by Yaron SB modified to display date in the mm/dd/yyyy format in the box.