This indicator uses the RSI as the backbone of an extremely sensitive two-indicator trend following system. This indicator is unique in that it uses the RSI as an anchor to attempt to solve for color where there is divergence nearby.
Using moving average crossover for identifying the change in trend is very common. However, this method can give lots of false signals during the ranging markets. In this algorithm, we try to find the extreme trend by looking at fully aligned multi-level moving averages and only look at moving average crossover when market is in the extreme trend - either bullish...
Indicator for the "Patrón Poderoso" strategy. This strategy is based on Bollinger Bands and RSI and try to determine overbought or oversold zones where you can trade. Both indicators are combined to provide a stronger signal. By default, it is considered an overbought zone when price is over BB upper and RSI above 80. That would be a short signal. Price below...
Library "KernelFunctions" This library provides non-repainting kernel functions for Nadaraya-Watson estimator implementations. This allows for easy substitution/comparison of different kernel functions for one another in indicators. Furthermore, kernels can easily be combined with other kernels to create newer, more customized kernels. Compared to Moving...
Often, a trader would like to predict the range for the next certain amount of period. This is useful for doing short strangles, Iron Fy, Iron Condor strategies. This script calculates the price range for the next 'X' number of candles on the given timeframe based on Standard Deviation formulae. It gives this range on 1 standard deviation and 2 standard...
Library "inChart" determine if price value is between chart high + x% and low - x% on the visible chart. inChart()
Library "ahpuhelper" Helper Library for Auto Harmonic Patterns UltimateX. It is not meaningful for others. This is supposed to be private library. But, publishing it to make sure that I don't delete accidentally. Some functions may be useful for coders. insert_open_trades_table_column(showOpenTrades, table_id, column, colors, values, intStatus,...
This strategy script is a combination of two indicators developed by LuxAlgo: Triangular Momentum Oscillator & Real Time Divergences ( TMO ) Adjustable MA & Alternating Extremities (AMA) The script combines the BUY and SELL signals from the TMO indicator with the BUY and SELL extremities shown by the AMA script and waits for the smoothed candles to grow...
Quick Script to mark out round number levels. These levels often become reversal points or where the next price range will develop. This script is intended to be a tool to aid along with additional trading strategies.
What is the impact for Volume to the Prices? To respond this question, I formulate the hipótesis if a little Volume change a lot the Price, it's a reversion signal, and if a lot of Volume change a little the price, it´s because the price is established. This is one of 3 indicators created to improve this hipótesis, named: 1. Relative Volume Prices Index by...
What is the impact for Volume to the Prices? To respond this question, I formulate the hipótesis if a little Volume change a lot the Price, it's a reversion signal, and if a lot of Volume change a little the price, it´s because the price is established. This is one of 3 indicators created to improve this hipótesis, named: 1. Relative Volume Prices Index by...
It's not an indication of anything here, it's just part of my operating in a simple and summarized way, I hope it helps someone. Suri's EMA's indicator is nothing more than a set of exponential moving averages (EMA). They are 12, 26, 50 and 200. Attention to the use of the indicator, it is just an INDICATOR, it should not be taken as the main point of your...
This is my SQueezeVergence indicator. It fires Buy and Sell signals based on squeeze momentum and trend. **It also creates Bull and Bear signals based on MACD divergence which should only be used as areas of support and resistance being as these signals repaint based on a 5 candle look back of pivots.** All settings are editable for better use. The default...
█ OVERVIEW This indicator uses an on-chart visual framework to help traders with the interpretation of any oscillator's behavior. The advantage of using this tool is that you do not need to know all the ins and outs of a particular oscillator such as RSI, CCI, Stochastic, etc. Your choice of oscillator and settings in this indicator will change its visuals,...
Library "ta" This library is a Pine Script™ programmer’s tool containing calcs for my oscillators and some helper functions. buoyancy(src, targetPeriod, maxLookback) Calculates buoyancy using a target of `src` summed over `targetPeriod` bars, not searching back farther than `maxLookback` bars. See: Parameters: src : (series float) The source value...
This indicator shows the RSI profile from historical RSI Value and High / Low RSI Pivots. It is inspired by the Volume Profile which is a common charting study that indicates activity at specified levels. It plots a histogram on the chart meant to identify dominant/significant levels. This script is profiling RSI levels into a histogram, which can identify the...
Level 3 Background The Gann Slope indicator has been welcomed by the community since its release, and many people are trying to integrate it into their trading systems. One of these is the need to integrate Gann Slope into QuantTherapy's B-Xtrender @Puppytherapy. Function You can find QuantTherapy's script above , he recreated a trend following indicator...
Overview: The ultimate harmonic XABCD pattern identification, prediction, and backtesting system. Harmonic patterns are among the most accurate of trading signals, yet they're widely underutilized because they can be difficult to spot and tedious to validate. If you've ever come across a pattern and struggled with questions like "are these retracement ratios...