Adopt the idea of Fibo retracement 50% line, if a retracement move more than 50%, it is likely that the retracement will continue and made a new high or new low with 1.618 ratio from the middle line. You will find that the fibo 50% line also works as a support and resistance. The Dotted line is the projected 1.618 fibo target.
Level 1 Background My market sentiment indicator system mainly includes collecting various statistical data and drawing. Again, it was fitted using the OHLC data. This belongs to the latter. Function Through a simple calculation, the ratio of high and low breakouts to the price range, we know the sentiment of funds. At the same time, a delay line is used as a...
Hello! This script retrieves most of the available Bitcoin data published by Quandl; the script utilizes the new request.security_lower_tf() function. Included statistics, True price Volume Difficulty My Wallet # Of Users Average Block Size api.blockchain size Median Transaction Confirmation Time Miners' Revenue Hash Rate Cost Per Transaction Cost...
The Volume Accumulator is used in technical analysis to identify strengths and weaknesses in a market. It is derived from the On Balance Volume indicator, except that instead of giving all the volume to bears on red days and bulls on green days it gives a proportional amount to both depending on the relative close price. As with many trading indicators, classic...
The following is an excerpt from Investment Secrets of a Hedge Fund Manager "The Connors-Hayward Advance-Decline Trading Pattern (CHADTP) is a proprietary indicator we use to identify short- and intermediate-term overbought and oversold conditions for the stock market and the S&P 500 futures market... Construction of the CHADTP indicator is simple: Add the...
Indicator that shows buy/sell signals based on price action as it relates to a 20 day moving average. If the candle is above the 20 day moving average, we look for candles with long wicks on the top indicating selling pressure. If the candle is below the 20 day moving average we look for candles with a long bottom wick indicating buying pressure. The rules for the...
Kalman filter is a recursive algorithm that has been invented in the 1960s to track a moving target, remove any noisy measurements of its position and predict its future position. In finance, KF has been used by the asset management industry for various purposes. KF is an optimal choice in many cases and do at least better than a moving average smoothing. A port...
SP Indicator - One of the best indicators for scalping trading on any timeframes. The best readings are given on 5, 15 and 30 minute frames. For readings, several indicators are combined into one, which allows you to get a more accurate forecast, which is more than 90%. Instruction. The indicator is easy to use. Just install it and follow the arrows to go long or...
its good one indicator for all timeframeHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
DKNS_Daily Weekly Monthly High Low Open Close, it will give daily weekly monthly high low close open
Use This indicator on the daily timeframe The 30-day rolling returns can be used to gauge market strength and assess over/underheated price action. Values between 0% and -30% are typical negative returns during consolidation periods of relatively low volatility. Values below -50% often occur at cyclical bottoms, and may represent value buying areas. Values over...
Double RSI for scalping and trend recognition. Green for longs, red for shorts. Based on close. ;)
In this script I try to incorporate Brian Shannon's Anchored VWAP hand off system into an automated initial anchoring system using Donchian Highs and Lows. I have also added an average of all the hand-off vwaps. Higher values in "Donchain Lookback" will display longer term sentiment and vice versa. *Credit to trader dysrupt for their 'Anchored VWAP Hand-off' script
The ADX and MACD confluence can be a powerful predictor in stock movements. This script will help you find those confluences in an easy to understand visual manner. It includes Buy and Sell signals for detected confluences, and will show colored candles to help you determine when to exit a trade. When the candles turn to white that means the detected confluence...
Delta Volume is Difference between Buying Volume and Selling Volume. This indicator gives the Delta Volume based on Lower TimeFrame Candles. It utilizes security_lower_tf() function, a function that provides Lower TF candle data in Higher TF Chart. security_lower_tf() is a new function provided by TradingView yesterday. If you are a PineScript Programmer, I...
5 EMAs in One Indicator Recommended Settings: Fibonacci Series (Default): 8, 21, 34, 55, 89 Standard: 10, 20, 50, 100, 20
This is a script based on the original "The Arty" indicator by PhoenixBinary. The Phoenix Binary community and the TMA community built this version to be public code for the community for further use and revision after the reported passing of Phoenix Binary (The community extends our condolences to Phoenix's family). The intended uses are the same as the original...