Stop Loss With Average True Range (ATR) It simplifies the calculation of stop loss price for stop loss method using the average true range (ATR). For example; You want to stop loss below 3 ATR. Let's assume the price is 100, the average true range is 5. You will multiply the average true range by 3 and subtract from the price and enter a stop loss order at the...
Crypto Market Session Analyzer is an easy-to-use yet powerful analysis tool that helps the trader visualize and analyze price movements over three different trading sessions: 1) European Session 2) US session 3) Asian session Automatically tracks the corresponding levels for each market session. This indicator can be used on all timeframes equal to...
Same as Correlation Coefficient, but allows you to specify both inputs.
This indicator simply divides an asset to another asset and multiplies the result by 100. There are the options for choosing a timeframe and symbols. I've also added EMAs. There's also the option to put red/green background when the EMAs are above the index and are upsloping and vice versa. Enjoy!
Library "HTV_LibraryV2" up_bar() 'up_bar' checks true for every candle that closed above open price. Returns: custom Series Bool last_up_bar() 'last_up_bar' checks true for every last candle that closed above open price. Returns: custom Series Bool down_bar() 'down_bar' checks true for every candle that closed below open price. Returns: custom...
This indicator allows you to display the interest rates of multiple central banks (US, EU, China, Russia, Japan, UK, ...) at once. Built-in Interest Rates US ECONOMICS:USINTR EU ECONOMICS:EUINTR China ECONOMICS:CNINTR Russia ECONOMICS:RUINTR Japan ECONOMICS:JPINTR UK ECONOMICS:GBINTR Custom Symbol (default: ECONOMICS:CHINTR )
Use 3min. Time frame. Buy Stock Selection:- When Close Price Cross Monthly Standard Pivot R1 & Monthly Standard Pivot R1 is Greater than Previous Day High( PDH ) Or Close. Price must be Above 44 MA ,48 EMA & Vwap ***Buy When 3min Candle closed Above Camarilla R4 or Monthly Standard Pivot R1 whichever is High. Sell Stock Selection:- When Close Price Cross Monthly...
This indicator attempts to use Heiken Ashi calculations to smooth the Volume net histogram indicator by RafaelZioni. Long above zero line, short below zero line.
Level 1 Background Traders’ Tips of April 2020, the focus is Vitali Apirine’s article in the April issue, “On-Balance Volume Modified (OBVM)”. Function In “On-Balance Volume Modified (OBVM)” in this issue, author Vitali Apirine presents a new indicator called OBVM that is based on the classic on-balance volume indicator originally developed by Joe Granville....
○ Objective. This is a strategy for the TQQQ NASDAQ:TQQQ short strategy in the TriAuto ETF . It is used as a hedging short rather than for profit-making purposes. Entry and close points are indicated. ○ Strategy The strategy is to hold a short position when the price falls below the moving average line, which is a market-conscious line that is rarely broken. The...
This draws a label to alert user when a higher timeframe candle closes on a intraday chart. Purpose of it is so that people who mainly use lower timeframe charts do not forget to look at higher timeframe candle closes.
Library "AutoFiboRetrace" TODO: add library description here fun(x) TODO: add function description here Parameters: x : TODO: add parameter x description here Returns: TODO: add what function returns
Library "ADX" adx(dilen, adxLen) Parameters: dilen : Length of the Directional Index. adxLen : Length (smoothing) of the Average Directional Index. Returns:
Level 1 Background Traders’ Tips of August 2020, the focus is Vitali Apirine’s article in the August issue, “The Compare Price Momentum Oscillator (CPMO)”. Function In his article in this issue, “The Compare Price Momentum Oscillator (CPMO),” author Vitali Apirine reintroduces us to the DecisionPoint PMO originally developed by Carl Swenlin and presents a new...
Modified version of VWAP : Classic VWAP with 6 levels based on the Average True Range to identify the distance and distribution of the prices around the VWAP. There are 2 calcul methodologies for the bands - Last 24 Hours Average True Range - Progressive Average True Range starting from 00:00 As prices tend to move around the VWAP level, favor LONG positions...
This indicator, based on the ATR, allows you to identify the potential reversal on price and helps you identify the Support and Resistance. When the price moves far away from the multiple moving average, the background color changes : - Red for Short potential entry - Green for Long potential entry There are 2 ways to use this script : - Conservative : Use it...
1. Vegas channel The Vegas channel indicator is very effective as a short, medium and long-term trend observation indicator, and it has obvious support and resistance functions. 2. EMA200+MA200 Usually ema200 or ma200 is used as a watershed for fund institutions to evaluate the long-short trend of a stock trend. 3. Big volume box Big volume is often used as a...