A dynamic envelope is designed to build an actual envelope that consider the volatility of a trading instrument.
A dynamic envelope is an ideal counter-trend indicator, it takes into account the nature of the movement of the instrument. At the same time, it does not require adjustment of parameters over time, it adjusts itself to volatility.
The indicator can be...
DYNAMIC S&R 2.0 is available:
This simple script will add in your chart "dynamic support/resistance" and the possible entry point.
Here is OSOIL Chart:
This indicator is not designed to be used as a bot, but only to help your trades :) If you consider this useful, please consider donate: 1NR9tyn8tAn6nuQzosaZ2SkfT38PLxN5mf
This library contains functions to calculate Adaptive dynamic length which can be used in Moving Averages and other indicators.
Two Exponential Moving Averages (EMA) are plotted. Coloring in plot is derived from Chikou filter and Dynamic length of MA1 is adapted using Signal output from Chikou library.
Dynamic SUPRES can be interpreted in different ways. Each square marks an area of congestion that could serve as support and resistance.
FLASH UPDATE: Now is possible to choose the timeframe and the bars color on/off.
This is pure chaos!
I just wanted 1 thing I can put on a chart to try to get a clearer picture of what is going on (and not take up all the indicator spaces a free user is allowed haha)
Many things going on from so many different users
honestly I'm sorry I cant shout out everyone whose code I have ever read and used in another project just for the sake of...
Adaptive momentum indicator that uses the NEW Dynamic Length Arguments! Shows how to use volatility to shorten or lengthen the momentum period.
Based on pinescript blog example but with my own modifications.
Bright Green: Sharp movement above zero line
Bright Red: Sharp movement below zero line
Light Green: Slower movement above zero line
Light Red: Slower...
as titles mean of multi period RSI . with dynamic range ( courtsy of allanstar script )
the set periods are 7, 14 ,21 , can be altered from the settings . and you can show or hide all of the plots .
kindly share your inputs
This triple Bollinger script is very useful for options traders to determine the trend condition. When the trend stays within 1 sigma limits it is termed as "congestion", breakout of congestion starts the "trending" phase and the big breakout termed "Blowout" happens when the underlying crosses the 2sigma and reaches 3 sigma limits in very short time at steep...
The script provides a way to compute ratio between two indexes (or stocks) of your choice, and paints a "up-arrow" below the first candle where and when the value of the ratio exceeds your threshold of choice.
It also creates a table summarizing the value of your securities, and the value of the ratio below.
The script will also alert you with a message...
Inspired from the Kalman filter this indicator aim to provide a good result in term of smoothness and reactivity while letting the user the option to increase/decrease smoothing.
Optimality And Dynamical Adjustment
This indicator is constructed in the same manner as many adaptive moving averages by using exponential averaging with a smoothing...
This script uses dynamic length to create a different sma type.
The length of the "Dynamic SMA" - "dSMA" can be:
'RSI', 'Stoch', 'ATR', 'MFI' or '%R'
For example 'RSI' -> the length of the sSMA will be the RSI itself
The biggest challenge was:
'Pine cannot determine the referencing length of a series. Try using max_bars_back' error
The writer of ...
Stochastic Relative Strength Index developed by Tushar Chande and Stanley Kroll.
This script has been written to eliminate the period variable.(Integer)
Thus, it can be used comfortably in adaptive period scripts ! (For example : Adaptive Moving Average , KAMA , FAMA .. etc. )
All efforts goes to ChaosTrader () ,
RicardoSantos () ,
Hpotter for barcolor...
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
This indicator uses what I call Dynamic Moving Averages to identify trends. The reason these moving averages are dynamic is that they track different sources based on the trend. Allow me to explain...
Low = identifies the least sellers were willing to sell for in a given period.
High = Identifies the most buyers were willing to buy for in a given period.
The goal of this is to link two parameters of different known low and high values so one affects the other.
In this case, I want to link Relative Volume to the length of an EMA, so it responds faster in times of high volume.
As an animator I am used to linking values in this way with Maya using a set driven key, took some work to figure it out in pine.