The Stochastic indicator is a popular indicator developed in the 1950s. It is designed to identify overbought and oversold scenarios on different assets. A value above 80 is considered overbought and a value below 20 is considered oversold. The formula is as follows: %k = ((Close - Low_i) / (High_i / Low_i)) * 100 Low_i and High_i represent the lowest low and...
The Bitcoin logarithmic growth curve is a concept used to analyze Bitcoin's price movements over time. The idea is based on the observation that Bitcoin's price tends to grow exponentially, particularly during bull markets. It attempts to give a long-term perspective on the Bitcoin price movements. The curve includes an upper and lower band. These bands often...
For a strategy using the combined IMI (Intraday Momentum Index), MFI (Money Flow Index), and Bollinger Bands on a 1-minute chart of Bank NIFTY (Bank Nifty Index), here's how you can interpret the indicators and define a sell signal strategy: Strategy Explanation: IMI (Intraday Momentum Index): IMI measures the ratio of upward price changes to downward price...
The "VIX-Heatmap" is a sophisticated and informative indicator designed for traders who want to integrate volatility analysis into their trading strategy, especially focusing on the market's fear gauge, the VIX (Volatility Index). This tool is not just about plotting numbers; it's about visualizing market sentiment in a more intuitive and impactful way. Key...
Overview: This indicator is designed to take multiple other indicators as inputs, calculate their respective Z-scores, and then aggregate these Z-scores to provide a comprehensive measure. By transforming the inputs into Z-scores, this indicator standardizes the data, enabling a more accurate comparison across different indicators, each of which may have...
ORB Range Alerter with Shading, VWAP Check, MACD Check, and Extended Fibonacci Levels for TP – Fully Customizable This indicator is designed to give you a comprehensive analysis of the Opening Range Breakout (ORB) combined with advanced conditions based on VWAP and MACD indicators, along with Extended Fibonacci Levels for both long and short TP positions. ...
Charan_Trading_Indicator Overview: The Charan_Trading_Indicator combines several technical analysis tools, including Bollinger Bands, RSI (Relative Strength Index), VWAP (Volume-Weighted Average Price), and ATR (Average True Range), to provide buy and sell signals. The script incorporates multiple strategies, such as crack snap setups, overbought/oversold levels,...
Understanding the Script: Purpose: This script identifies potential trend direction and momentum using a moving average and wave amplitude calculation. It shows a green line when the price is trending upwards and a red line when trending downwards. Strategy: This script doesn't provide a complete trading strategy. It's an indicator designed to be used alongside...
The simplest trading framework is using moving average. This indicator is harnessing that very method. What It Does: This indicator helps you see market trends at a glance by changing the color of the candlesticks based on the relationship between two Exponential Moving Averages (EMAs). When the 9-period EMA is above the 21-period EMA, candlesticks turn green,...
# Ichimoku Power Indicator ## Overview The Ichimoku Power Indicator is an advanced tool that combines the traditional Ichimoku Cloud system with a unique power ranking mechanism. This indicator provides traders with a comprehensive view of market trends and potential reversal points, all while quantifying the strength of bullish and bearish signals. ## Key...
This is a simple sessions indicator that allows you to highlight up to 3 different sessions on your chart. This is intended for charts in any timeframe lower than the Daily timeframe. Really simple, clean, and minimalistic on purpose, intended to help and not clutter the chart. Options/parameters: Sessions: Check and setup beginning and end of the sessions....
The "Weekly OHLM" is a versatile utility indicator designed for traders who focus on weekly price movements. This indicator offers a comprehensive view of an asset's weekly price range and dynamic signaling features. Here's a summary of its key functionalities and how it works: Weekly Price Levels: The indicator plots three critical levels based on weekly price...
It's uses for identify the trend and support and resistense.
Description: The VWAP and 20 MA Crossover Indicator is a powerful trading tool designed to capitalize on trend reversals and momentum shifts. This indicator overlays two key technical analysis tools on the price chart: the Volume Weighted Average Price (VWAP) and the 20-period Moving Average (MA). Functionality: VWAP: Represents the average price a security has...
# 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 -...
SAME AS THE ORIGINAL (WITHOUT BOTTOM PART) Trend Fusion: ADX & EMA+Ichimoku is an innovative indicator designed to provide traders with comprehensive insights into market trends. Combining the power of the Average Directional Index (ADX) with Exponential Moving Averages (EMA) and the Ichimoku Cloud, this indicator offers a sophisticated approach to trend...
The E9 PLRR (Power Law Residual Ratio) is a custom-built indicator designed to evaluate the overvaluation or undervaluation of an asset, specifically by utilizing logarithmic price data and a power law-based model. It leverages a dynamic regression technique to assess the deviation of the current price from its expected value, giving insights into how much the...
What this script does: This script shows you the "Relative Volume" (RVOL) value up to the current minute. RVOL is the volume from market open up to the current minute today, compared to the average of the same over the last n (30 by default) days. How this script works: There are a lot of indicators out there for RVOL, but they all take shortcuts that result...