Candle Average PriceOverview
The Candle Average Price indicator is a custom tool designed to help traders identify key price levels by calculating and displaying the average price of recent candles on your TradingView chart. This indicator computes the average price based on a user-defined percentage of each candle's range over a specified number of candles. It then plots a horizontal line representing this average, covering only the last N candles as defined by you.
Key Features
Customizable Number of Candles: Define how many past candles to include in the average calculation.
Adjustable Percentage Level: Choose any percentage of each candle's range (from low to high) to calculate the price level.
Dynamic Horizontal Line: The indicator plots a horizontal line representing the calculated average, updating with each new bar and covering only the specified number of candles.
How It Works
Price at Specified Percentage:
For each candle, the indicator calculates a price level at your chosen percentage within the candle's range.
Formula: Price = Low + (Percentage Level / 100) * (High - Low)
Average Price Calculation:
It computes the average of these price levels over the last N candles.
Formula: Average Price = Sum of Price Levels over N Candles / N
Horizontal Line Plotting:
A horizontal line is drawn at the calculated average price level.
The line spans from N candles ago to the current candle, covering exactly the number of candles specified.
Input Parameters
Number of Candles (length):
Description: The number of recent candles over which the average is calculated.
Default Value: 4
Range: 1 to any positive integer.
Usage: Adjust this to include more or fewer candles in the calculation. A higher number smooths the average, while a lower number makes it more responsive to recent price changes.
Percentage Level (%):
Description: The percentage within each candle's range to calculate the price level.
Default Value: 50%
Range: 0% (candle low) to 100% (candle high).
Usage: Modify this to focus on different parts of each candle:
0%: Uses the low of each candle.
50%: Uses the midpoint of each candle.
100%: Uses the high of each candle.
Custom Percentage: Any value between 0% and 100% to target specific levels.
How to Use the Indicator
Adding the Indicator to Your Chart:
Open the TradingView chart of your preferred financial instrument.
Click on Indicators at the top of the chart.
Select Invite-Only Scripts if you've saved the script there, or use the Pine Editor to paste and apply the script.
Configuring the Settings:
After adding the indicator, click on the gear icon ⚙️ next to its name to open settings.
Adjust the Number of Candles (length) to your desired period.
Set the Percentage Level (%) (percentage) to the specific level within each candle's range you want to analyze.
Interpreting the Horizontal Line:
The horizontal line represents the average price calculated based on your inputs.
It updates with each new bar, always reflecting the most recent data over the specified number of candles.
The line only spans the last N candles, providing a focused view of recent price action.
Practical Applications
Identifying Support and Resistance Levels:
The average price line can act as a dynamic support or resistance level.
Traders can watch for price reactions around this line to make trading decisions.
Trend Analysis:
Observing how the price interacts with the average line can provide insights into the current trend's strength and potential reversals.
Entry and Exit Signals:
Use the line as a reference point for setting stop-loss orders or taking profits.
Combine it with other indicators for more robust trading signals.
In highly volatile markets, consider increasing the number of candles to avoid false signals.
Limitations and Considerations
Not a Standalone Tool:
This indicator should not be used in isolation for making trading decisions. Always consider additional analysis.
Market Conditions Matter:
The indicator may perform differently in trending markets versus ranging markets.
Data Refresh:
Ensure you have a stable internet connection and that your TradingView chart is set to the correct time frame.
Conclusion
The Candle Average Price indicator is a flexible and user-friendly tool that provides valuable insights into recent price action by calculating the average price based on your specific criteria. By adjusting the parameters to suit your trading style, you can incorporate this indicator into your technical analysis to help identify potential trading opportunities.
Disclaimer: Trading financial instruments involves risk, and past performance is not indicative of future results. This indicator is a tool to assist in analysis and should not be considered financial advice.
Happy Trading!
Indikator dan strategi
MM20 & MM50Moyenne Mobile 20
Moyenne Mobile 50
Les deux moyennes mobiles réuni en un script
FX:EURUSD FX:USDJPY FX:GBPUSD OANDA:GBPJPY FX:AUDUSD FX:USDCAD FX:EURJPY
Abstract Moving Averages
This combination of multiple types of MovingAverages shows the market's tendency to Trend or Range without any delay, making it particularly effective at predicting potential market volatility. This can be used for immediate direction bias or long term market shifts. As with any indicator it alone doesn't provide precise entries, it needs to be used in combination with a strategy.
Some details: use the 200MA(pink line) as the short term bias. Remove 500SMMA depending on strategy because it may cause issues. There is a session display tool, as a quality of life improvement.
Moving Averages used:
SMMA-1, length 500
MA-1, length 800
MA-2, length 500
MA-3, length 400
MA-4, length 250
MA-5, length 200
EMA-1, length 800
EMA-2, length 400
EMA-3, length 300
Crossovers MA (SMA,EMA,HMA,WMA,SMMA,PPMA) santi_romaoA indicator that displays different types of MA you can choose them it can be useful for those who dont pay trading view and need to use more than 2 MA.
You can choose Simple,Exponential,Hull,Weighted,Smothed andPivot MA
Real-Time Custom Candle Range Color Indicator
The script allows the user to input a custom range value (default set to 100 points) through the userDefinedRange variable. This value determines the minimum range required for a candle to change color.
Calculating Candle Range:
The script calculates the range of each candle by subtracting the low from the high price.
Determining Bullish or Bearish Candles:
It checks whether the close price is higher than the open price to determine if a candle is bullish (isBullish variable).
Coloring Candles:
Based on the custom range input, the script changes the color of the candles:
If the candle's range is greater than or equal to the custom range and it is bullish, the candle color is set to blue (bullishColor).
If the range condition is met and the candle is bearish, the color is set to orange (bearishColor).
If the range condition is not met, the color is set to na (not applicable).
Plotting Colored Candles:
The plotcandle function is used to plot candles with colors based on the custom range and bullish/bearish conditions. The candles will have a higher z-order to be displayed in front of default candles.
Displaying High and Low Price Points:
Triangular shapes are plotted at the high and low price levels using the plotshape function, with colors representing bullish (blue) and bearish (orange) conditions.
In trading, this indicator can help traders visually identify candles that meet a specific range criteria, potentially signaling strength or weakness in price movements. By customizing the range parameter, traders can adapt the indicator to different market conditions and trading strategies. It can be used in conjunction with other technical analysis tools to make informed trading decisions based on candlestick patterns and price movements.
Squeeze Momentum Indicator [LazyBear]indicado squeeze con adx, lo utilizo para analizar la dirección y fuerza del precio
ScriptEssentialScript of essential data
This script plots basic trading data such as exponential moving average, average true range, etc.
Overlay CME Futures Chart(any currency, btc eth...)1st version:
Quick script to show CME chart on top of your current currency
in addition with "Bitcoin CME Gaps "
EMA 34+10Features:
Customizable Lengths: Default values are 10 and 34, but you can adjust them in the settings.
Customizable Colors: You can select any color for the EMAs from the settings.
Overlay on Chart: The EMAs are plotted directly on the price chart.
How to Use:
Copy the script into TradingView's Pine Editor.
Click "Add to Chart" after saving.
Customize the lengths and colors as needed from the settings gear icon.
Let me know if you need further customizations!
Gaps and VWAP Algo v2Description:
Overview: The "Gaps and VWAP Algo v2" is a versatile and powerful indicator designed to enhance your trading analysis. This script helps traders identify gaps in the price chart that need to be filled, highlight trend zones, and calculate momentum indicators. It also includes a customizable info bar for quick trend analysis.
Key Features:
Gap Detection: Automatically identifies gaps in the chart based on a customizable threshold percentage.
VWAP Plot: Includes VWAP (Volume Weighted Average Price) for tracking intraday price movement relative to volume.
Momentum Indicators: Incorporates RSI, MACD, and momentum to analyze price strength and trend direction.
Trend Zones: Highlights bullish and bearish zones on the chart for better visualization.
Info Bar: Displays key market information like trend, RSI, MACD, momentum, VWAP, and volume in the top-right corner of your chart.
How It Works:
Gaps: Detects price gaps based on the gap threshold input. Labels "Gap Up" and "Gap Down" are added to the chart for clarity.
VWAP: Tracks the VWAP line with customizable display options.
Trend Detection: Uses EMA crossovers (fast and slow) to determine whether the market is bullish, bearish, or neutral.
Info Bar: Dynamically updates in the top-right corner, providing an easy-to-read summary of key metrics.
Customization Options:
Adjust the gap threshold, momentum period, and EMA periods to fit your trading style.
Turn on/off various features like VWAP, trend zones, gaps, and the info bar.
Change chart colors to suit your preference.
How to Use:
Add this indicator to your chart.
Enable the features you want (e.g., gaps, trend zones, info bar) via the settings.
Use the info bar for quick insights or analyze the chart to identify gaps and trend zones.
Originality: This script integrates gap detection, momentum tracking, and visual trend analysis into a single, streamlined tool. The info bar enhances usability by consolidating critical data in one place. It's a unique blend of essential trading tools designed to simplify your analysis process.
Compliance Checklist:
Language: The title and description are in English, adhering to TradingView's rules.
Originality and Usefulness: The script combines multiple features into a single tool with a detailed explanation of how they work together. It provides clear value to traders.
Title: The title is clean, in English, and uses only standard characters.
Description: The description explains the script's functionality, originality, and usage in detail.
Chart: Publish the script with a clean chart that demonstrates the gaps, VWAP, and the info bar in the top-right corner.
Realistic Claims: The description does not make any unsubstantiated claims about performance.
No Plagiarism: Ensure the code credits any reused open-source code appropriately in the description.
Final Steps:
Credit any reused code: If your script uses snippets of open-source code from others, mention it in the description (e.g., "This script includes modifications of open-source code for VWAP calculations.").
Review the Chart Setup: Before publishing, add the script to a clean chart that showcases its features and usability.
Set the Script to Public or Private: Choose based on whether you want it to be visible to the community or only shared privately.
Follow the Publishing Flow: When ready to publish, use the "Publish Script" option in the Pine Editor. Add the title, description, and any necessary tags.
VWAP-H-L-RSI-IWDVWAP High Low with RSI it will help the Traders to find an Entry and Exit on EQUITY and INTRADAY on 3minute Time Frame
Position Sizing Calculator//Credit to Trader-Shah for laying the groundwork in their Position Size Tool//
I had to make the following modifications to make it relevant to my process:
1. Lowering the risk percentage per trade to be able to be <1% of portfolio risk per trade
2. Focus on LoD (low of day) and manual entries
3. Focus on $ position size, # of shares needed to purchase, and the position % size based on your portfolio
4. 3 auto-populated stops based on the manual stop loss line, where it indicates how many shares and $ need to be sold at stop 1, stop 2, and stop 3.
Example if you were to purchase a stock at $10 and have a manual stop at $5, this will tell you how much $ or shares to purchase of the stock based on your risk appetite, and then tell you exactly how much to sell at S1, S2, and S3.
Hope this is helpful.
-aTOMIC
Monthly ETF 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VIX Fix con Alarma bv596vix fix con alarma +28 para poder comprar cuando el vix supera los 29 puntos en una tendencia alcista del ticker, accion o crypto
ideal para tendencias alcistas
EMA CloudsThe EMA Clouds indicator is a visually dynamic tool that overlays exponential moving averages (EMAs) on your chart, enhancing trend analysis and decision-making. It provides:
1. Customizable EMA Periods: Users can define up to four EMA periods, allowing flexibility to adapt to various trading strategies and timeframes.
2. Cloud Visualization:
- Green and Red Clouds: Represent the relationship between the faster EMAs (e.g., EMA 1 and EMA 2) to identify short-term trends.
- Blue and Orange Clouds: Represent the relationship between the slower EMAs (e.g., EMA 3 and EMA 4) to highlight longer-term trends.
3. Transparency: Clouds are semi-transparent (75% opacity), ensuring they don't obstruct the underlying price action while providing clear visual cues.
4. Trend Identification:
- Green Clouds indicate bullish momentum (faster EMA above slower EMA).
- Red Clouds signal bearish momentum (faster EMA below slower EMA).
- Blue Clouds and Orange Clouds provide similar signals for the slower EMA pairs, assisting in aligning short- and long-term trends.
This indicator is ideal for traders seeking to enhance their trend-following strategies or identify potential reversals by observing the interaction between multiple EMAs. The cloud-based approach ensures a more intuitive understanding of market dynamics.
vika //@version=5
indicator("Auto Anchored Moving Average", "Anchored MA", overlay = true, max_bars_back = 5000, max_lines_count = 500)
// Inputs
auto = input.bool(true, "Enable Auto Anchor")
anchor = input.timeframe('D', 'Anchor Period')
source = input(hlc3, "Source")
showPP = input.bool(true, "Show Prev. Period MA")
highlightAnc = input.bool(true, "Highlight Anchor Change")
wma_show = input.bool(true, "WMA", inline = "WMA", group = "Styles")
sma_show = input.bool(true, "SMA", inline = "SMA", group = "Styles")
vwap_show = input.bool(true, "VWAP", inline = "VWAP", group = "Styles")
wma_style = input.string("──────", "", options = , inline = "WMA", group = "Styles")
sma_style = input.string("──────", "", options = , inline = "SMA", group = "Styles")
vwap_style = input.string("──────", "", options = , inline = "VWAP", group = "Styles")
wma_color = input.color(color.lime, "WMA Color", inline = "WMA", group = "Styles")
sma_color = input.color(color.red, "SMA Color", inline = "SMA", group = "Styles")
vwap_color = input.color(color.blue, "VWAP Color", inline = "VWAP", group = "Styles")
// Determine anchor period automatically
autoAnchor = switch
timeframe.isintraday => timeframe.multiplier <= 15 ? "1D" : "1W"
timeframe.isdaily => "1M"
=> "12M"
// Override auto-anchor if 'auto' is off
if auto
anchor := autoAnchor
// Anchor change detection
isNewAnchor = timeframe.change(anchor)
var length = 1
length := isNewAnchor ? 1 : length + 1
// Calculate MAs
wma = ta.wma(source, length)
sma = ta.sma(source, length)
vwap = nz(ta.vwma(source, length))
// Previous MAs (for prev period plot)
p_wma = ta.valuewhen(isNewAnchor, wma , 0)
p_sma = ta.valuewhen(isNewAnchor, sma , 0)
p_vwap = ta.valuewhen(isNewAnchor, vwap , 0)
// Plot styles
get_style(style) =>
switch style
"──────" => line.style_solid
"─ ─ ─ ─" => line.style_dashed
"· · · · ·" => line.style_dotted
// Draw moving averages
draw(show, ma, _c, style) =>
var line _l = na
var label _lb = na
var label _lbc = na
_l.set_x2(bar_index)
if show and isNewAnchor and showPP
_l := line.new(bar_index - 1, ma , bar_index, ma , color = _c, style = style)
show = not isNewAnchor
plot(show and wma_show ? wma : na, "WMA", wma_color, style=plot.style_linebr)
plot(show and sma_show ? sma : na, "SMA", sma_color, style=plot.style_linebr)
plot(show and vwap_show ? vwap : na, "VWAP", vwap_color, style=plot.style_linebr)
// Highlight anchor change
hlight = isNewAnchor and highlightAnc
plotshape(hlight and wma_show ? wma : na, 'WMA Highlight', shape.circle, location.absolute, color.new(wma_color, 50), -1)
plotshape(hlight and sma_show ? sma : na, 'SMA Highlight', shape.circle, location.absolute, color.new(sma_color, 50), -1)
plotshape(hlight and vwap_show ? vwap : na, 'VWAP Highlight', shape.circle, location.absolute, color.new(vwap_color, 50), -1)
// Draw lines for each moving average
draw(wma_show, wma, wma_color, get_style(wma_style))
draw(sma_show, sma, sma_color, get_style(sma_style))
draw(vwap_show, vwap, vwap_color, get_style(vwap_style))
Swingtrade Bestie - ABackesTeste com EMA do Backes
//Media de 3 Semanal
//Media 8 Semanas ajustada
//Media de 8 Semanal Area
//Media de 14 Semanal
//Media de 200 Semanal
//Media de 80 Semanal Area
Dual EMA with Distance IndicationDual EMA with Distance
This indicator plots two Exponential Moving Averages (EMAs) of your choice directly on the chart and calculates the absolute distance between them. Whether you’re tracking trends or identifying crossover opportunities, this tool gives you added insight into the relationship between the selected EMAs.
Features :
Customizable EMAs : Adjust the length and line width for both EMAs to fit your strategy.
Color & Style Options : Personalize the colors and transparency of each EMA line to match your chart theme.
Distance Display : Enable an optional distance box that dynamically shows the absolute difference between the two EMAs. You can position this box in any corner of the chart and choose your preferred text size, color, and precision (decimal places).
Clean Visualization : The indicator ensures clarity with adjustable transparency and a sleek box design for the distance.
Use this to quickly gauge the strength of a trend or identify potential consolidation when the EMAs are close together. It’s versatile, easy to customize, and a handy addition to any trader’s toolkit.
Have ideas for improving this indicator or creating new ones?
Feel free to DM me @DerLucas432 with suggestions or custom indicator requests!
MA 10/50/100/200Four Simple averages combined. This function enable users to use the SMA 10, 50, 100, and 200 in one single formula.
High and Retracement Finder
This Pine Script indicator, titled "High and Retracement Finder," is designed to identify significant highs and lows on a price chart based on a user-defined starting point and retracement threshold. It begins analysis from a manually set bar index and tracks the highest high until the price retraces by a specified percentage (retracement threshold). Once this retracement occurs, it switches focus to finding the lowest low. If the price surpasses the previous high during this phase, the cycle resets, and the script resumes tracking a new highest high. The script visually marks these significant highs and lows with arrows on the chart, helping traders identify potential turning points or retracements in the market.
TMA Bands TMA (Triangular Moving Average):
Üçgen hareketli ortalamalar, fiyat verilerini yumuşatarak trendi daha net göstermek için kullanılır.
"Centered Asymmetric Bands" terimi, bu indikatörün merkezlenmiş bir yapıda çalıştığını ve farklı genişliklerde bantlar içerdiğini gösteriyor.
Candlestick Strength and Volatility ReadoutDisplays a readout on the top right corner of the screen displaying a two basic calculations (volatility and strength; i.e. candlestick size and how close to the highs or lows it closed) for more convenient candlestick (price action) analysis.
Due to restrictions with Pine Script (or my knowledge thereof) only the current and previous candlestick data is shown, rather than the one currently hovered over.
The data is derived via two simple calculations; volatility being division between the range of the candlestick's high and low by the ATR; 'strength' (what I like to call it) being the range of the body by the range of the open to high or low, depending on the facing direction (positive or negative candlestick). These are expressed as percentages and will turn green depending on the set threshold.
Using this, one can effectively automate calculations you'd have to do by hand otherwise. I personally use these as entry filters in my trading, so it helps to not have to measure, remeasure, and divide before each potential entry.
Settings are implemented to change certain variables to your liking.