RSI Momentum Waves Indicator The RSI Momentum Waves Indicator is your intuitive tool for visualizing market strength and trend persistence. It refines the classic RSI by smoothing the data with Exponential Moving Averages (EMAs), which help clear out the noise to give you a more accurate picture of where the market’s heading. The parameters - RSI Period,...
The Advanced Stochastic Indicator is a sophisticated tool designed to enhance market analysis through detailed stochastic calculations. This tool is built for traders who seek to identify market divergences and pivot points with higher accuracy. Key Features Multi-Layer Stochastic Analysis: Tracks both standard and smoothed stochastic values to provide a...
Hey there, traders! Today, we're diving into a nifty Pine Script called "7 hours a day," crafted by me Yasser (YWMAAAWorld). So, what's the scoop? Imagine having a tool that highlights specific times on your chart like clockwork, making your trading day a breeze. That's precisely what this script does. It's like having a personal assistant reminding you of the...
Are you looking for a dead simple calculation of the Heikin Ashi candles as they are calculated in tradingview? Here it is! I was looking through the library and I saw that many have come up with a lot of awesome scripts using heikin ashi candles. But, I can't find anywhere that had the straightforward simple version of how Tradingview calculates them. This was a...
Introducing the CME Gap Oscillator , a pioneering tool designed to illuminate the significance of market gaps through the lens of the Chicago Mercantile Exchange (CME). By leveraging gap sizes in relation to the Average True Range (ATR), this indicator offers a unique perspective on market dynamics, particularly around the critical weekly close periods. Key...
English User Guide Script Name: Pivot Point Calculator What Does This Script Do? This script calculates classic and Camarilla pivot points used in financial markets. Pivot points are used to identify key support and resistance levels, and this script helps traders better understand market movements. How to Use It? Add the script to your charts on...
English Version Enhanced Volume Indicator (EVI) The Enhanced Volume Indicator (EVI) is an advanced yet user-friendly tool designed to measure and visualize the strength of market volume using the statistical power of standard deviation. By offering a clear and dynamic representation of volume fluctuations, the EVI enables traders to effortlessly identify...
This indicator is a visually improved version of Stochastics. It makes it much easier to see what's happening by simplifying those confusing, intersecting lines. With this, you can detect the Stochastics direction more clearly. All the features are also explained in the tooltips of the input fields. Some extra features are included, such as average top and bottom...
Dividend-to-ROE Ratio Indicator The Dividend-to-ROE Ratio indicator offers valuable insights into a company's dividend distribution relative to its profitability, specifically comparing the Dividend Payout Ratio (proportion of earnings as dividends) to the Return on Equity (ROE), a measure of profitability from shareholder equity. Interpretation: 1. Higher...
The "Reversal Zones with Signals" indicator is an advanced technical analysis tool designed to help traders identify potential market reversal points. By integrating Relative Strength Index (RSI), moving averages, and swing high/low detection, this indicator provides traders with clear visual cues for potential buy and sell opportunities. Key Features and...
### Description for TradingView Publication **Title:** Williams %R OB/OS Candle Coloring **Description:** This Pine Script indicator enhances the visibility of market conditions by changing the color of the candlesticks based on the Williams %R values. It helps traders quickly identify overbought and oversold conditions without the need to display the Williams...
Introducing "The Next Pivot (With History)"! With permission from the author @KioseffTrading The script "The Next Pivot" has been restructured to show historical projections! Features Find the most similar price sequence per time frame change. Forecast almost any public indicator! Not just price! Forecast any session i.e. 4Hr, 1Hr, 15m, 1D, 1W ...
Bitcoin ultimate price model: 1. Power Law + 2. Rainbow Narrowing Bands + 3. Halving Cycle Harmonic Wave + 3. Wave bands This powerful tool is designed to help traders of all levels understand and navigate the Bitcoin market. It works exclusively with BTC on any timeframe, but looks best on weekly or daily charts. The indicator provides valuable insights into...
The Discovery Index is an original technical indicator which attempts to display directional market pressure and momentum based on accumulated candle-over-candle measurements. Discovery , in this context, is the act of finding (discovering) New Highs and Lows. > What is 'Discovery' Not to be confused with "Price Discovery", the term for setting the spot...
SiddharthaRay007's Enhanced Volume Indicator works on any Timeframe ⦿ Volume Labels: 1. Current Volume, Volume Change%, Average Volume, Average Doller Volume, Up/Down Ratio, ADR%. =>Average value can be changed using 'Lookback Length' (Default: 20) ⦿ Simple Moving Average: MA (Default: 50). Color of MA changes based on the up down volume ratio. 1. Up/Down Ratio...
HTF Descending Triangle aims at detecting descending triangles using higher time frame data, without repainting nor misalignment issues. Descending triangles are defined by a falling upper trend line and an horizontal lower trend line. It is a chart pattern used in technical analysis to predict the continuation of a downtrend. This indicator can be useful if...
Trend Angle Indicator Description The Trend Angle Indicator is designed to measure the strength of a trend by calculating the angle of the trend. Specifically, it computes the angle of a Simple Moving Average (SMA) over a specified length and then applies an Exponential Moving Average (EMA) to the angle for smoothing. This approach provides a clear...
- Overview Consecutive counting is a simple method to mechanically define trending states to the upside and downside. Consecutive counts are calculated by taking reference price level (e.g. close 4 candles ago) and count closes above/below it up to a maximum count that resets the consecutive count back to 1. This tool provides the means to backtest each count by...