Intro What's the probability of the next bar being red? How about green? Well, there are many ways to quantify the probability but I am presenting just one stupidly simple (but generally accurate) way to measure it. Strangely... no one has done this before that I can find. I try to check if someone else has done it first (Pro Tip: Plz do this. We honestly don't...
////Strategy is designed to show strong candlesticks ( Buyers & Sellers) when the close breaks ATR(2). Short term trading Strategy.
//////////////////////////////////////////////////////////////////////////////////////////////// //// Momentum Pinball, when you get a buy/sell signal, wait for the next day //// enter on the high or low of the first hour and place a stop in the low/high //// of the first hour. If the day you get filled closes profitable you can decide to close //// the trade buy...
MASTC:- Moving Average & Supertrend Cloud This MASTC indicator is a combination of Moving Average & Supertrend with default value of 10 & 10,3. SuperTrend is one of the most common ATR based trailing stop indicators. A simple moving average ( SMA ) is an arithmetic moving average calculated by adding recent prices and then dividing that by the number of time...
////Current bar's High is less than the 3rd bar's High/// /// and Current bar's Low to be higher the 3rd bar's Low.//// ////This then predicts the market might breakout to new levels //// ///within 2-3 of the next coming bars/// ////Entry occurs when have two inside days and close break candle three high or low// //If need more information recommend google...
No, it's not a new saturation plugin for your fruity loops. ... These are Mean Average Deviations calculated from Harmonic Mean. ... In my previous research I tried to develop "Harmonic Average Deviations", since applying stdevs on Harmonic Mean calculated from reciprocals ain't make sense. Din't work out, prolly cuz by definition stdevs doesn't like negatives. So...
Before anything, take notes of the script limitations : 1) This script doesn't give trading information on itself. It is intended has additional value to my other script named : Time Dilated Donchian Channel Blue line = Normal time of the day Orange line = Observed time of the day Red line = What if time travel was allowed... Which time would I observe? More...
Before anything, take notes of the script limitations : 1) The script has the setting : "Max_bars_back" set to 390. This is required to use dynamic length and an "internal clock" *390 is the normal number of bars in a typical stock trading day. 2) The script requires volume data to work correctly * I use a way to represent volatility that requires ( volume +...
Before anything, take notes of the script limitations : 1) The script has the setting : "Max_bars_back" set to 390. This is required to use dynamic length and an "internal clock" *390 is the normal number of bars in a typical stock trading day. 2) The script requires volume data to work correctly * I use a way to represent volatility that requires ( volume +...
I'm publishing it for research purposes & welcome any ideas and/or explanations whether it's actually possible or nah to do what I'm doing right now. ... Idea is simple - if we can do Harmonic Mean, can we do Harmonic Standard Deviations? It should be the same logic, the only difference is instead of actual datapoints we gotta use reciprocals. In reality I've...
This will help to identify trends within markets on any time frame. It's based on moving averages thus you can select the moving average which you want to use and obviously it's length as well. The gummy worm will get a little fatter during times of higher volatility which helps avoid false signals. The blue indicates an uptrend and pink indicates a downtrend....
I was legitimately surprised no1 has already coded it out on TradingView, but you guys can copypaste & include it in Pine 5 if your see this xd Here is it. I've checked and double checked everything, the calculations are right, it can be proved by plotting mean, geometric mean & harmonic mean together and noticing that geometric mean will be always between...
This indicator can give you idea about where is the potential supply and demand zone exist. This can be used to find the daily, weekly and monthly supply and demand zone. Contact me for more information.
This indicator can point out you monthly potential reversal range. This can be used for people who hold the trade more than couple of days to understand their Risk / Reward ratio. Even this can be used of people who does BTST or STBT trades as well. Contact me for more information
This indicator can help you to understand the current trend and help you to take an entry, If your analysis looks good to go for long entry, check that where is your candle based on this indicator,If the candle is above the indicator it is goo to go for long and if it is bellow the indicator it is good to go for short. More than that the candle is closing strong...
The volume price trend (VPT) indicator helps determine a security’s price direction and strength of price change. The indicator consists of a cumulative volume line that adds or subtracts a multiple of the percentage change in a share price’s trend and current volume, depending upon the security’s upward or downward movements. I have combined Stochastics RSI with...
Triple MAs with EMA/SMA option, and specific timeframe options. Very customizable. Bollinger Bands If BollingerBand Width is lowest in 100 bars it fills background.
™TradeChartist TrendStalker helps visualise the Market Bias through 3 different Plot types and also displays Trend Direction Identifier (Green, Red and Orange square blocks) that can be connected to ™TradeChartist Plug and Trade to generate Trade entries, Targets, StopLoss and create alerts based on performance on the chosen timeframe. The three plot types...