TM_24_PRICE_CHANNEL_SPECIAL Indicator shows overall trend or market direction for Intraday / Swing Position along with Uper and lower levels. Terminology Use ==> . Display and Interpretation ==> This indicator help to identify 4 major things:- 1. Area of order Buildup 2. Price Strength 3. Direction 4. Volatility Time frame ==> Use proper Signal with swing...
Anti-Breakout Strategy Description: This is a contrarian entry strategy for trading false breakouts. The high/low of the breakout bar is used for the entry in the opposite direction. To reduce repainting set ptype variable to OHL3.
VWAP Alerts signal over bought/over sold conditions, relative to volume weighted average price, while deviation bands plot an extremely accurate point of mean reversion. VWAP Alerts V3 includes multiple timeframe selection, along with multiplier input for deviation band setting Alerts can be set for each individual band, for extreme oversold/overbought...
The VWAP oscillator plots VWAP as the zero line with price, relative to VWAP. This can be use the same way you would traditionally use VWAP, with a much clearer picture of deviation from VWAP. Also, after creating the script, I noticed divergence was extremely noticeable here!
I like a clean chart and trade primarily with price action alone, but the power of VWAP is undeniable, which is why VWAP is the basis of most of my scripts. The VWAP oscillator plots VWAP as the zero line with exponential average price, relative to VWAP. This can be use the same way you would traditionally use VWAP, but after creating the script, I noticed...
ICT Time Ranges is a concept around the fact that price likes to show volatility spikes in certain times of the day. Although there are many other scripts such as that revolve around this concept, the difference between this one and some of the others out there is the fact that this code specifically focuses on the ranges like New York, London, Asia, and ICTs...
This indicator is similar to the Elastic Volume Weighted Moving Average, except it uses True Range instead of Volume. This can be useful where volume data is unavailable (for instance, in forex), or if prices moved way too fast, such as the Swiss franc crash back in 2015. Comparison: Let me know if you want more features added to this indicator. I'll see...
Version 1.0 of our Buy & Sell indicator is a trend based indicator, to continue to allow you to stay within the trend. The indicator is primarily based on volume , and rsi . We recommend using the indicator on Binance exchange (USDT) with 15M, H1, H2, H3 & H4 time frames. We have put together a video with a strategy on how to take the signals best. Please watch...
This is the average Bitcoin volume with the data collected from the major retail exchanges + the exponential moving average (EMA) for the volume added on to better understand relative volume. Thank you Julio!
The Problems of Day Trading Lot many indicators are made by thousands of traders all over the world, which give good or not so good signals. Despite good signals, many times we end up in loss because we could not take entry or could not exit at appropriate time-point. Sometimes even winning position also comes into loss if market takes back whatever you gained...
This is my leading MFI that I use because it tends to lead and not lag. The Bar length is where you can adjust the average based on the amount of bars. The MFI Multiplier is used for calculating the money flow by multiplying by the volume. The Y Position is where the sprite is on the Y axis (vertical) of the stage. The value gets higher or lower depending on...
Ori Volume Profile plots trading volume as a histogram on the price scale. You can add it more than once to increase its precision. It starts drawing from the bar it starts to calculate. If you can't see the volume profile zoom out and go left in the chart until you can see the starting position. For adding it multiple times you should set inputs correclty....
The Volume Extractor is an indicator I've been working on for awhile that involves a Volume Oscillator derived from various volume metrics combined with Bollinger Bands and Overbought/Oversold levels. This indicator is unique because it not only measures the standard deviations whenever the oscillator crosses outside the BBs but it does so at ranges that are most...
Japanese below / 日本語説明は下記 --------------------------------------------- Hello traders, This indicator shows volume changes in percentage over the past periods as well as Bollinger Bands of volume changes with +2σ band. The formula to calculate volume changes is; (Today’s volume / average volume of past n periods ) *100 ** n is user input Bar color changes to...
Designed Around the NNFX rules Selectible Baseine Selectible Exit Indicators ATR bands, ATR labels for TP and TSL (1x and 1.5x ATR). Indication (White Diamond) where candle is over 1x ATR in size. Combined QQE Fast & Slow (C1 & C2) confirmations, Candles Grey before Trend Confirmed, change to Normal Colour when Trend established (QQE MOD used for...
TM_DAY_TRACKER_SUPER_SPECIAL Indicator shows overall trend or market direction for Intraday / Swing Position along with Buy or sell signal. Terminology Use ==> B- Buy, S- Sale Signal, and Numbers are to show time frame indication there is presence of buyer or seller like B1 for buy signal on 1 minute time frame etc. Display and Interpretation ==> Buy Sale Signal...
This indicator has two lines that are the recent volume EMA and the past volume EMA. When the recent one is higher than the past one, it highlights the background. It means the volume is relatively getting higher. This oscillator is designed to detect the entry timing for trend following strategy. It is said that we need to confirm the trend by the volume.