Description: MOM-LRC is a powerful technical analysis indicator designed to provide traders with signals based on the momentum of an asset's price and its deviation from its mean value. The indicator calculates the exponential RSI and uses a custom function to determine the percentage change from the mean. The upper and lower bands of the momentum channel are...
Library " Net Volume Library" TODO: The underlying logic and function that calculates the net volume for the Net Volume indicator. Exposes the nv function and nvPoint fields for use. nv(src, length, useVwma, offset, sigma, multHigh, multMed, multLow) Parameters: src : (float) The source price value length : (int) The lookback length ...
Hi This is a small script that tries to assess the probability that a limit order sent at x % from the last close will be filled in the next y bars. It is based on historical data and can be useful to decide where to place your limit orders and to determine how far from the price you can put the limit order to get an X% chance of getting filled. It displays this...
This is a variation of the SPX Fair Value Bands indicator which uses WSHOSHO instead of WALCL. WSHOSHO only includes the 'Securities Held Outright' portion of the Fed balance sheet. This effectively eliminates the portions related to BTFP (Bank Term Funding Program).
This indicator, called the "Wick Momentum Indicator" (WMI), helps to gauge price momentum by comparing the total length of upper and lower wicks of a certain number of candlesticks. The indicator turns green when there is a bullish momentum (total length of lower wicks is greater than that of upper wicks) and turns red when there is a bearish momentum (total...
This indicator locates and places markers on known bullish and bearish candles. All candles can be turned on/off in the settings. It also has a setting to display RSI/MFI/Stoch RSI indications of oversold and overbought areas in the background showing areas of higher interest. The last feature is a setting that allows you to see where Heiken-Ashi has switched...
This indicator outputs a visual scale representing the level of volatility in the market relative to the timeframe selected on the users chart. The method of volatility used is "historical volatility" which is calculated by taking the standard deviation of a series of "x" length which contains the current closing price divided by the previous closing price for all...
Momentum Regime Filter BTC by This is a usefull indicator what shows you a macro state of BTC trend. Most of the trend indicators get lost in the ranging market or switch to bearish during simple pullbacks. And I decided to creat it to ignore all this noise from a market and see what exactly major trend is! -How it Works: For find out what curent trend on...
General Description and Unique Features of this Script Introducing the VWAP Momentum-Pullback Strategy (long-only) that offers several unique features: 1. Our script/strategy utilizes Mark Minervini's Trend-Template as a qualifier for identifying stocks and other financial securities in confirmed uptrends. NOTE: In this basic version of the script, the...
Description: This indicator is designed to alert based on user-selected economic data for Europe, the US, and Japan. It allows users to define their preferred economic data points and trade direction based on the change in the economic data compared to the previous value. you can use the strategy to automate economic data trading. Key Features: Choose from...
The XLY/XLP ratio is a financial indicator that measures the ratio between the two ETFs (Exchange Traded Funds) Consumer Discretionary Select Sector SPDR Fund (XLY) and Consumer Staples Select Sector SPDR Fund (XLP). This ratio is often used by traders and investors as a measure of the relative success of companies in the consumer goods and consumer services...
The Extended Price Volume Trend (EPVT) is a technical indicator that is used to identify potential trend changes and measure the strength of a trend. In this strategy, we combine the EPVT with other indicators to create a trading system that aims to capture trend reversals and momentum shifts. The EPVT indicator is calculated by taking the cumulative volume and...
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move. A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of...
This is a strategy using SPX's Fair Value derived from Net Liquidity. The main difference between this one and calebsandfort's one is net liquidity values in this one are calculated in TradingView and doesn't need author's daily library updates to function. Net Liquidity function is simply: Fed Balance Sheet - Treasury General Account - Reverse Repo...
Hello! This script "Gaps" is a continuation and improvement on a subset indicator included in the "Quartile Volume; Volume Aggregation; US Range Bars; Gaps)" script! As advised by @thebearfib, the "Gaps" indicator is now standalone! Features Stat: Avg. Bars to Fill Up Gap Stat: Avg. Bars to Fill Down Gap Stat: Cumulative Up Gap % Increase Stat:...
A very simple indicator that displays the Open of the specified Timeframe How to use this indicator? 1. Directional Bias Bullish => Closing Price > Period Open Bearish => Closing Price < Period Open 2. Support / Resistance Each Period Open can be used as Support or Resistance 3. Take Profit Targets Each Period Open can be used as targets for taking profit
This trading system, called "I11L - Risk Adjusted Leveraging", is designed to manage trades based on the current market volatility relative to its historical average. The system calculates the target number of open trades based on the ATR (Average True Range) indicator and adjusts the leverage accordingly. The system opens and closes trades using a pyramiding...
Display variations in min-max and median values of high, low and close across exchanges. It's a kind of realized volatility indicator, as the idea is that in times of high volatility (high emotions, fear, uncertainty), it's more likely that market inefficiencies will appear for the same asset between different market makers, ie, the price can temporarily differ a...