//@version=4 study("Drawdown and Max Drawdown", overlay=true) highvalue = input(title="high", defval=high) lowvalue = input(title="low", defval=low) var float ATH = highvalue ATH := na(ATH ) ? highvalue : max(highvalue, ATH ) Drawdown = 0.05 var float MaxDrawdown = Drawdown MaxDrawdown := na(MaxDrawdown ) ? Drawdown : max(Drawdown, MaxDrawdown...
You can now see how many pips is a candle from the high of the wick to the bottom of the wick.
Chaikin Money Flow Gives a buy signal when crossing above zero. Gives a sell signal when crossing below zero. Main usage is to buy when at lows and sell when profits are seen. Gives a lot of divergences, use cautiously. RSI Indicator Indicates overbought and oversold regions. Above 70 is considered overbought. Below 30 is considered oversold. Supports trends...
Chaikin Money Flow Gives a buy signal when crossing above zero. Gives a sell signal when crossing below zero. Main usage is to buy when at lows and sell when profits are seen. Gives a lot of divergences, use cautiously. RSI Indicator Indicates overbought and oversold regions. Above 70 is considered overbought. Below 30 is considered oversold. Supports trends...
LWMA Linear Weighted Moving Average Linear Weighted Moving Average Linear Weighted Moving Average Linear Weighted Moving Average
Description: The "∂ Limited Growth Stock-to-Flow (LG-S2F)" indicator, developed by AlgoAlpha, is a technical analysis tool designed to analyze the price of Bitcoin (BTC) based on the Stock-to-Flow model. The indicator calculates the expected price range of BTC by incorporating variables such as BTC supply, block height, and model parameters. It also includes error...
This is Renko chart overlay for Candles chart. You can use it to identify market direction and potential key points. To use it simply select box size and any timeframe you want. With this overlay you can be sure that you'll see every brick on a chart showing general market direction with all the details of a candles chart. Alternatives Renko overlay charts: ...
Description: Understanding market volatility is paramount for making informed trading decisions, and the Candle Range Histogram Indicator is designed to provide traders with a visual representation of price volatility over time. Key Features: 1. Histogram Display: The indicator presents a histogram on your TradingView chart, offering a clear visualization...
The indicator shows fractal channels and breakouts based on the channels.
Description: Displaying the candle body size in a histogram can provide traders with valuable insights into the market dynamics. Here are some ways in which this data can be useful: 1. Volatility Analysis: Larger candle bodies often indicate increased volatility in the market. Traders can use the histogram to visually assess periods of heightened volatility,...
Description: The size of a candle in trading offers a fundamental insight into market direction. Larger candles often indicate robust price movements, suggesting strength in either buying or selling activity. In an uptrend, substantial green (bullish) candles signify strong buying momentum, while in a downtrend, sizable red (bearish) candles indicate significant...
//@version=4 study("HULL BBI", shorttitle="HULL BBI", overlay=true) // User Input length = input(55, title="Length") // HMA Calculation Function hma(source, length) => wma1 = wma(2 * wma(source, length / 2) - wma(source, length), round(sqrt(length))) hma = wma1 // Calculate HMA hmaValue = hma(close, length) // Determine the Trend trendUp = hmaValue >...
A Trend Finder is a specialized indicator designed to analyze market trends by combining pivot points and candlestick patterns. This hybrid approach aims to provide more accurate signals for identifying potential market directions. Here's a refined description of its features and usage: **Overview:** A Trend Finder indicator utilizes a combination of pivot points...
This is about stocks, which I always analyze. Figure this out by looking at what the code calls ta.secutity. This indicator plots the highest value of the ratio of total volume to individual volume for the stock you are analyzing, and the histogram tumbles to red when the stock changes in that value. The changed value is plotted as a label above that histogram. By...