This is a buy-only strategy that triggers long positions based on two key conditions: RSI (Relative Strength Index) crosses above 50: This indicates growing bullish momentum and suggests the price may be shifting toward an upward trend. Awesome Oscillator (AO) is negative: The AO being below zero signals a weakening trend, potentially identifying a low point for...
The Box Trading Lot Size Calculator เครื่องมือช่วยในการคำนวณ/ความคุมความเสี่ยง ในการเทรด แต่ละครั้ง ช่วยให้เราสามารถ คำนวณ Lot size ตามเปอร์เซ็นต์ ความเสี่ยงได้อย่างรวดเร็ว วิธีการใช้ 1. เมื่อเปิดอินดิเคเตอร์มา ต้อง ลาก เส้น 3 เส้น - เส้นที่ 1 : Entry - เส้นที่ 2 : Stop Loss - เส้นที่ 3 : Target ( Take Profit ) 2. ตั้งค่า Risk Management ...
Description: The indicator displays a calendar with Volume data for up to 6 last months. It is designed to work on any timeframe, but works best on Daily and below. It is also consistent in that it displays the same data even if you go to lower timeframes like 5 minutes (even though the data is used is Daily). Features: - displays volume data for last N...
Indicator: Description: The KAMA Cloud indicator is a sophisticated trading tool designed to provide traders with insights into market trends and their intensity. This indicator is built on the Kaufman Adaptive Moving Average (KAMA), which dynamically adjusts its sensitivity to filter out market noise and respond to significant price movements. The KAMA Cloud...
The "DataDoodles ATR Range" indicator provides a comprehensive visual representation of the Average True Range (ATR) levels based on the previous bar's close price . It includes both the raw ATR and an Exponential Moving Average (EMA) of the ATR to offer a smoother view of the range volatility. This indicator is ideal for traders who want to quickly assess...
The technical rating is one of the most perfect indicators. The reason is that this indicator is based on a majority vote of multiple indicators. It is logical that the judgment based on a majority vote of multiple indicators would not be inferior to the judgment made using only a single indicator. However, just as any indicator has its shortcomings, the technical...
1. **Introduction to the RSI and Moving Averages** 2. **Detailed Breakdown of the Uptrick: RSI Histogram** 3. **Calculation and Formula** 4. **Visual Representation** 5. **Customization and User Settings** 6. **Trading Strategies and Applications** 7. **Risk Management** 8. **Case Studies and Examples** 9. **Comparison with Other Indicators** 10. **Advanced Usage...
This is to my friends and to my sons to use. What Is the Relative Strength Index (RSI)? The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI is displayed as an...
🔵 Introduction 🟣 Understanding ICT Opening Gaps In the realm of technical analysis, mastering the art of recognizing market behavior and pinpointing key price levels is vital for making sound trading decisions. Among the array of tools available, the concept of opening gaps stands out for its ability to provide crucial insights. The ICT (Inner Circle Trader)...
### Detailed Analysis of the MCDX+RSI+SMA Indicator The MCDX+RSI+SMA indicator is designed to help investors conduct a deeper analysis of market trends by combining multiple technical factors into a single chart. This integration of popular indicators such as RSI, SMA, and Stochastic RSI provides investors with a comprehensive view of market movements,...
Input Parameters These are settings you can adjust: Box Close: Determines if the strategy should consider signals when a "box" (which could be a period of time or a visual representation) closes. Timeframe: The duration of each candlestick on the chart (e.g., 1 minute, 1 hour, 1 day). High/Low Period: How many past candlesticks to look at when...
ADX and DI with Dynamic Threshold This Pine Script indicator, "ADX & DI with Dynamic Threshold," helps traders detect trends, trend reversals, and trend strength using the Average Directional Index (ADX) and the Directional Indexes (DI+ and DI-). It incorporates a dynamic threshold calculated using the average ADX over a user-defined period, along with a...
This indicator helps traders visualize price ranges and volatility changes. Designed to assist in identifying potential consolidation zones, the indicator uses multiple layers of Bollinger Bands combined with volatility-based shading. This can help traders spot periods of reduced price movement, which are often followed by breakouts or trend...
This indicator measures and displays the closing strength of each candle relative to its range. It assigns a value from 0 to 100, where - 0 indicates a close at the candle's low, - 100 indicates a close at the high, and - 50 represents a close at the midpoint. The strength is shown as a number on each candle, color-coded green for...
The Spent Market Trading Pattern is a strategy developed by Larry Connors, typically used for short-term mean reversion trading. This strategy takes advantage of the exhaustion in market momentum by entering trades when the market is perceived as "spent" after extended trends or extreme moves, expecting a short-term reversal. Connors uses indicators like RSI...
EV Calculator with Adjustable Boxes and Custom Colors for TradingView Introduction: As a trader, one of the key metrics you need to evaluate is the Expected Value (EV) of your trading strategy. Understanding EV helps you gauge whether your trades will be profitable in the long run. This TradingView script allows you to visualize your EV alongside...
EMA Volume is a versatile tool designed to track and analyze market volumes by calculating the Exponential Moving Averages (EMAs) of total, bullish, and bearish volumes. This indicator helps traders visualize volume dynamics, identify buying and selling pressure, and make informed trading decisions based on volume activity. Key Features: • Volume EMAs: The...
# Enhanced Comprehensive Analysis Table This advanced indicator provides a holistic view of market sentiment by analyzing multiple technical indicators simultaneously. It's designed to give traders a quick, at-a-glance summary of market conditions across various timeframes and analysis methods. ## Key Features: - Analyzes 9 popular technical indicators -...