The combined indicator you've provided consists of three different indicator logics. Here's how to use it: 1. **Indicator 1: Trend Trader AVR Strategy** - This indicator is based on the Trend Trader AVR Strategy. - It uses three input parameters: `Length1`, `LengthMA1`, and `Multiplier1`. - The indicator plots a moving average (`nResMA1`) and changes the...
This script is based on divergence situation related to momentum and price. For this we have 4 strategies divergence calculation : So user can choose which strategy will be applied on chart from input. one of them or all of them. Also user can activate swing High ang swing Low be shown on chart. Below explanation of strategy what is doing : Strategy 1 or...
Overview This indicator plots horizontal lines at the daily high and low levels of the On Balance Volume (OBV). The numerical lines for each day are updated in real-time as the OBV high and low values change. Please note that there are limitations on how far back in history the indicator can go due to Pine Script's object drawing limitations.
This indicator visualizes the cumulative percentage changes or returns of 30 symbols over a given period and offers a unique set of tools and data analytics for deeper insight into the performance of different assets. Multi Asset Performance indicator (also called “Spaghetti”) makes it easy to monitor the changes in Price, Open Interest, and On Balance Volume...
This script is written in Pine Script and is designed to be run on the TradingView trading platform. It is an advanced technical analysis indicator that utilizes various methods and indicators to generate trading signals based on a Volume Spread Analysis (VSA) approach. Here's a detailed breakdown of its functionalities: ### Customizable Parameters: 1....
The "Buyer/Seller Dominance" indicator script, developed by Deepanshu Sharma under The Market Wisdom (TMW), is a powerful analytical tool designed for use on the TradingView platform. This script is released under the Mozilla Public License 2.0, and it offers traders and investors an innovative perspective on market dynamics by assessing the relative strength of...
This indicator is primarily for identifying pauses in Stage 2 uptrends, modelled on Qullamaggie's style of trading, but fits well with many traders including William O' Neil. or Mark Minervini. I built this for my own purposes, and have gradually added range of tools into a single suite. My goal has also to be as clean as possible, while providing clear,...
The "Zaree - Predictive Imparity Momentum Indicator" (Z-PIMI) is a custom indicator designed to measure the momentum difference between two currency pairs. Let's break down its components and functionality: Inputs: pimiLength: Defines the period for the RSI calculation. selectedMAType: Allows the user to choose the type of moving average (SMA, EMA, WMA, VWMA)...
Hello Dear Investors, Today, I'd like to introduce you to an indicator called "3M Range" and explain how this indicator is calculated, as well as the kind of strategy it can offer. What is the 3M Range Indicator? "3M Range" is an analytical tool designed to identify and visualize market movements within three-month periods. This indicator employs specific...
Please research more on your own the different ways you can use OBV, this post is not about the indicator itself but about the “enhancements” I coded on top of this volume indicator. But here is a quick overview: The On-Balance Volume (OBV) indicator is a technical indicator that measures the flow of positive and negative volume. The indicator adds volume on days...
This indicator shades the background of each candle based on the strength off the current TICK.US chart. User can define the strength levels, which are by default set to 1-299 (lightest), 300-599, and 600+ (darkest). Best used on lower timeframe charts to help identify whether or not to remain in a trend, or if a trend is possibly reversing when you start to see...
This indicator shows the bollinger bands against the price all expressed in percentage of the mean BB value. With one sight you can see the amplitude of BB and the variation of the price, evaluate a reenter of the price in the BB. The relative price is visualized as a candle with open/high/low/close value exspressed as percentage deviation from the BB mean The...
My goal is to equip every trader and investor with the essential tools necessary to confidently navigate the complexities of the financial markets, enabling them to consistently identify opportunities and maintain a position of strength on the winning side of their trades. This indicator stands as an immensely powerful tool, delivering a comprehensive and robust...
Four indicators in one based on the McClellan Oscillator for both the NYSE and Nasdaq exchanges. Designed to be used in conjunction with each other- plot the Oscillator (Osc), Summation Index (MSI), and RSI/MACD of the MSI on both your SPX and Nasdaq chart. Select the exchange and indicator within the settings. These tools are secondary- but when the signals are...
Line that shows the cumulative sum of stocks advancing less declining for either the NYSE or Nasdaq. Includes 10/20/50 day averages and shading when the line is above or below the 20 ema.
Displays the net new 52 week highs - 52 week lows for either the NYSE or Nasdaq. Select colors and moving average input within the settings.
The Short-Term Index (STIX) is a simple market indicator designed to assess short-term overbought or oversold conditions in the stock market. Leveraging a combination of advancing and declining issues, STIX provides valuable insights into market sentiment and potential reversals. To enhance its interpretability and reveal the underlying trend with greater clarity,...