Anticipated Profit Targets (APT) Purpose: The Anticipated Profit Targets script is a specialized tool designed to assist traders in visualizing potential exit points for their trades. This is achieved by leveraging the Average True Range (ATR), a renowned measure of market volatility. How It Works: ATR Computations: At its core, the script calculates...
The "Z-Score" indicator is a unique and powerful tool designed to help traders identify overbought and oversold conditions in the market. Below is an explanation of its features, usefulness, and what makes it special: Features: Z-Score Calculation: The indicator calculates the Z-Score, a statistical measure that represents how far the current price is from...
This script plots boxes to reflect weekly, monthly and yearly expected moves based on "At The Money" put and call option's implied volatility. Symbols in range: This script will display Expected Move data for Symbols within the range of EAT-GDBC in alphabetical order. Weekly Updates: Each weekend, the script is updated with fresh expected move data, a job that...
This script plots boxes to reflect weekly, monthly and yearly expected moves based on "At The Money" put and call option's implied volatility. Symbols in range: This script will display Expected Move data for Symbols within the range of CLFD - EARN in alphabetical order. Weekly Updates: Each weekend, the script is updated with fresh expected move data, a job that...
ALWAYS TRADE THE DIRECTION OF THE TREND This indicator is useful for 5-minute Bank Nifty intraday trading. It compares the Open-Close value for a 5-minute bar with the current ATR value. When a bar has higher than the ATR value then it means that the current bar has a higher Open-Close than the ATR. This means that after a period of dull action, some action has...
This script plots boxes to reflect weekly, monthly and yearly expected moves based on "At The Money" put and call option's implied volatility. Symbols in range: This script will display Expected Move data for Symbols within the range of A - AZZ in alphabetical order. Weekly Updates: Each weekend, the script is updated with fresh expected move data, a job that...
█ Overview: The MA Slope calculates the slope based on a given moving average. The Moving Average Slope indicator allows you to identify the direction and the strength of a trend. It calculates the rate of change in percentage based on the user-defined moving average. █ Calculation: This indicator calculates the slope based on the changes of moving average and...
Z-Score-Asymmetrik User Manual Introduction The Z-Score Indicator is a powerful tool used in technical analysis to measure how far a data point is from the mean value of a dataset, measured in terms of standard deviations. This indicator helps traders identify potential overbought or oversold conditions in the market. This user manual provides a...
The "Momentum Madness" indicator is a customizable technical analysis tool designed for TradingView. It aims to help traders assess price momentum and make informed trading decisions. Below is a description of how this indicator works: Indicator Title and Settings: The indicator is titled "Momentum Madness" with a short title "Moms Mad." Users can customize...
Introducing the "SML Suite" Indicator The "SML Suite" is a powerful and easy-to-use trading indicator designed to help traders make informed decisions in the world of financial markets. Whether you're a seasoned trader or a novice, this indicator is your trusty sidekick for evaluating market trends. Key Features: Three Moving Averages: The indicator...
█ Overview The Volatility Trend (Zeiierman) is an indicator designed to help traders identify and analyze market trends based on price volatility. By calculating a dynamic trend line and volatility-adjusted bands, the indicator provides visual cues to understand the current market direction, potential reversal points and volatility. █ How It Works The...
"HTF - Candles with polylines" draws the previous Higher TimeFrame candles with the new feature polylines . 🔶 USAGE This publication makes it possible to see Higher Time Frame (HTF) candles on current chart, so you can see the bigger picture without switching to a HTF The current HTF is represented with a dashed-line box, covering the recent HTF open &...
This indicator is designed to visually represent different market phases based on Bollinger Bands (BB) and provide insights into potential bullish and bearish signals. Let's break down what the indicator does: The indicator smoothly transitions from the "squeeze" phase to "bullish" or "bearish" phases based on specific price conditions. Here's a more detailed...
The script plot upside and down side stop loss using pivot point and trure range. The True Range, representing market volatility, is determined by finding the maximum value among the differences between the previous high-low, high-close, and low-close. The Downside Stop Loss is calculated by adding the True Range to the Pivot Point, while the Upside Stop Loss is...
Description : The Drawdown Dynamics Indicator is a straightforward tool that offers insights into three critical aspects of an asset’s financial performance: Total Max Drawdown, Rolling Period Max Drawdown, and Current Max Drawdown. Inside of the indicator, you can select to view either the rolling period max drawdown or the all-time max drawdown. This is...
This indicator provides traders with a clear visualization of the opening price and its potential movement range for a specific timeframe, based on the Exponential Moving Average (EMA) of the Average True Range (ATR). Features: Opening Price Line: A green line representing the opening price for the chosen timeframe. EMA ATR Lines: An upper blue line,...
This Script Introduces The Use Of The Gaussian Channel Concepts This indicator consists of three lines: a central line that represents the moving average, and an upper and lower band that represent the volatility of the price movements. The Gaussian channels is a concept consists of an upper & lower bands along with the basis; the mid band. The use of the...
Spot-Vol Correlation Script Guide Purpose: This TradingView script measures the correlation between percentage changes in the spot price (e.g., for SPY, an ETF that tracks the S&P 500 index) and the changes in volatility (e.g., as indicated by the VIX, the Volatility Index). Its primary objective is to discern whether the relationship between spot price and...